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Why Small Community Lenders Have Your Back

Up and Running

A Harvard Business School report, “ The State of Small Business Lending: Innovation and Technology and the Implications for Regulation ,” declares that large banks approve only 33 percent of loans under $100,000, compared to 60 percent approved by small banks. But don’t fret—community lenders are helping small businesses. in Maine.

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The Case for Optimism and Risk at Startups

Both Sides of the Table

Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. uBeam’s tech does work and I have safely seen it demo’d in the real life many times. They have a can-do attitude that is infectious. Now they are partners.

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Hacking Innovation Education in New York

This is going to be BIG.

We spend way too much time, particularly in and around the New York area, teaching fundraising versus company or product building. They didn’t wait until their universities hired a director of this new program. ” It’s true. It’s as if the plan for creating a startup is: Step #1: Come up with an idea.

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Why Your Next Startup Should Be In Insurance

YoungUpstarts

Insurance is the next big industry due for a disruption. But wait, before letting your eyes glaze over or clicking out of here entirely, give me just two minutes of your time to explain – because the opportunity is big and the technology is really cool. The technology existed; it just needed to be deployed for an insurance purpose.

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Who are the Major Revenue-Based Investing VCs?

David Teten

Since 2017 we’ve managed $3 million in revenue-based financing, which helps cash-strapped technology companies grow. Investment Criteria: B2B SaaS or tech-enabled services with proven, recurring contracts. According to John Borchers, Co-founder, Decathlon is the largest revenue-based financing investor in the US.

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3 Major Product Fails, And How To Avoid Their Mistakes

YoungUpstarts

These cycles are particularly pronounced in the technology industry, where rapid innovation leads to rapid product releases, and often to rapid failures. The startup community prides itself on supporting risk-taking and embracing failure. pound paperweight,” said the New York Times’ David Pogue in a technology review.

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Inaugural Investor Day @ FinTech Innovation Lab

David Teten

On Friday morning, I witnessed another volley of shots being fired from New York City at Palo Alto during FinTech Innovation Lab ‘s Inaugural Investor Day. The Lab is a collaboration between the New York City Investment Fund and Accenture, with support from the New York banking community.