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6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

In the early 1990s, my brother was working for a company that was going through the roof selling shareware software via catalog. David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. says HourlyNerd co-founder and co-CEO, Rob Biederman. “So David’s advice.

Detroit 156
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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

A few years ago it became fashionable for large VC’s to do seed funding. With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. What gives? Am I a hypocrite? They have a large-ish fund.

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How to Start a Startup

www.paulgraham.com

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

Startup 105
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Entrepreneurshit. The Blog Post on What It’s Really Like.

Both Sides of the Table

That was the topic of my keynote at Seedcon, an event hosted by the University of Chicago, where I am a graduate of the MBA program. You’d imagine that every founder was getting rich. Actually, positive outcomes for founders are quite rare. Actually, positive outcomes for founders are quite rare. Entrepreneurshit.

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From Nothing To Something. How To Get There.

techcrunch.com

One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. In later posts I’m going to get into more detail on specific topics like hiring, raising money, what types of ideas have the potential to get big, finding your founders, and the like.

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Where to Get Feedback on Your Business Pitch

Up and Running

Drawing on advice from our own Tim Berry, founder of Palo Alto Software and Josh Cochrane, our VP of Product Development, I’ve broken down a few of the different options for entrepreneurs looking for feedback on their pitch. The three who agreed to do it had some semblance of a relationship with the founders beforehand.

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Is Canva the Company That Will Disrupt the Design World? Not Quite

crowdSPRING Blog

It launched in 2013 with $3 million in seed money from American and Australian investors, and offers a series of templates intended to make good design easier to execute and more accessible. Among Canva’s investors are actor Owen Wilson, Google Maps cofounder Lars Rasmussen and 500 Startups founding partner Dave McClure.

Design 48