Feld Thoughts

JULY 22, 2011

They suggested we call this “Finance Fridays&# to bookend Fred’s MBA Monday’s – I checked with Fred to see if he was ok with this and his response was “Hell yes. His focus was to incubate an internal start-up which is built on state-of-the-art technology, novel business model and innovative products.

Finance 135

Finance Congo Chicago Cambodia 135

Steve Blank

APRIL 11, 2013

This post is about the how the Chinese government engineered technology clusters. Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund. They provide consulting, promotion, product testing, hiring, training and incubation services to startups.

Programming 170

Programming Technical Review SBIR China 170

Startup Professionals Musings

JULY 14, 2014

Join a startup incubator. A startup incubator is a company, university, or other organization which provides resources for equity to nurture young companies, helping them to survive and grow during the startup period when they are most vulnerable. Nevertheless, it’s an option that doesn’t cost you equity.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

Join a startup incubator. A startup incubator is a company, university, or other organization which provides resources for equity to nurture young companies, helping them to survive and grow during the startup period when they are most vulnerable. Nevertheless, it’s an option that doesn’t cost you equity.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

Join a startup incubator. A startup incubator is a company, university, or other organization which provides resources for equity to nurture young companies, helping them to survive and grow during the startup period when they are most vulnerable. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

Join a startup incubator. A startup incubator is a company, university, or other organization which provides resources for equity to nurture young companies, helping them to survive and grow during the startup period when they are most vulnerable. Joint venture with distributor or beneficiary.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

YoungUpstarts

APRIL 7, 2016

Moreover, startups don’t necessarily face the same issues other business models do – although finances may plague more than less – with trouble-shooting having now entered unchartered territory. In a landscape that also features incubators and accelerators, Startup Labs are creating an industry of their own.

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

Steve Blank

SEPTEMBER 1, 2011

This insight has begun to change how we teach entrepreneurship, incubate startups and fund them. Each of these six very different startups requires very different ecosystems, unique educational tools, economic incentives (tax breaks, paperwork/regulation reduction, incentives ), incubators and risk capital.

Government 335

Government Silicon Valley Startup Venture Capital 335

Startup Professionals Musings

JULY 8, 2015

Join a startup incubator. A startup incubator is a company, university, or other organization which provides resources for equity to nurture young companies, helping them to survive and grow during the startup period when they are most vulnerable. Joint venture with distributor or beneficiary.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

MAY 9, 2017

A 20 th century VC was likely to have an MBA or finance background. What this means is that the emergence of incubators and super angels have dramatically expanded the sources of seed capital. When James Watt started the industrial revolution with the steam engine in 1775 no one said, “This is the day everything changes.”

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

OCTOBER 24, 2017

A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. A 20th century VC was likely to have an MBA or finance background. 4. Founder-friendly VCs.

Founder 245

Founder Technical Review CTO Hire IPO 245

ReadWriteStart

SEPTEMBER 3, 2010

There's a thriving geek culture in Paris, and no lack of software development expertise, thanks to superior universities that produce superior engineers. Incubators, Accelerators, Competitions. Having JEI status is pretty much a golden ticket to financing, and JEI startups also get tax breaks and other benefits.

France 163

France Technical Review Incubator Early Stage 163

Austin Startup

NOVEMBER 1, 2017

The Financier (Finance Manager): Assesses the viability & profitability of the business and product — This is vital when looking for investors. Additionally, your Finance Manager should understand the relationship between data, decisions, and people. Additionally, if there’s an incubator/accelerator in your area, apply!

Software Review 54

Software Review Technical Review CTO Hire San Antonio 54

David Teten

DECEMBER 2, 2019

The Aspen Tech Policy Hub is a West Coast policy incubator, training a new generation of tech policy entrepreneurs. We model ourselves after tech incubators like Y Combinator, but train new policy thinkers and focus the impact of their ideas. Non-Dilutive Financing: Everything You Need to Know. J.M.Kaplan Innovation Prize. “The

Technical Review 60

Technical Review SBIR Dilution Silicon Valley 60

Steve Blank

OCTOBER 7, 2011

—— I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. Ironically one of the things that’s holding back the Finnish cluster is Tekes , the government organization for financing research, development and innovation in Finland. 9-to-5 Venture Capital.

Finland 324

Finland Venture Capital Government Russia 324

The Next Web

DECEMBER 2, 2013

With mobile development agencies and product incubators on the rise and more corporate “labs” spinning out each day, there’s no shortage of talent to help you build the next great Web or mobile app. Luck, timing and social engineering are bigger components than most entrepreneurs care to imagine,” adds Werdelin. 3) Facebook.

Cost 168

Cost San Francisco New York City Ruby 168

VC Cafe

FEBRUARY 15, 2017

Voyager’s cognitive-computing, deep-insights platform assesses billions of publicly available, unstructured data points to provide insights for its clients in finance, retail and consulting. Cognata (2017) – still in stealth, Cognata is developing Artificial Intelligence simulation engines for automated vehicles.

Artificial Inteligence 122

Artificial Inteligence Technical Review Startup 122

ReadWriteStart

SEPTEMBER 10, 2010

I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). In 1M/1M, our preferred financing strategy is customers. Because customer financing equals revenue, not equity.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

JUNE 16, 2011

Zendesk is heavily financed by Benchmark and Charles River and has 10,000 customers. You can read more about Freshdesk on the 1M/1M Incubation Radar today. Bizosys Technologies, a Bangalore, India based software engineering company was founded in 2009. You can also read more about Bizosys on the 1M/1M Incubation Radar today.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

ReadWriteStart

JULY 28, 2011

This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system. The same applies to Malaysia, where our partner, the MAD Incubator, is in search of 10 good deals to put through the 1M/1M program. Incubator photo from Geograph. Discuss.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

Austin Startup

AUGUST 10, 2017

Although we were studying finance, we were always more interested in tech. Before graduating, I decided to forgo the finance path and instead dove into engineering and later sales and product management roles at VersaSuite (health IT) in Austin. But we never lost the finance bug. We were infatuated with tech.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

ReadWriteStart

OCTOBER 6, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. This, of course, doesn't mean that we discourage entrepreneurs from seeking financing.

Silicon Valley 118

Silicon Valley India San Francisco Entrepreneur 118

YoungUpstarts

AUGUST 4, 2011

Professor Wong Poh Kam of the NUS Entrepreneurship Centre said that there can be too much micromanagement by bureaucrats on entrepreneurship incubators, which tends to then disincentivize them. Building Entrepreneurial Passion.

Singapore 251

Singapore Non-Compete Government 251

Steve Blank

JUNE 26, 2015

To move innovation faster, we now have 21 st century tools — Business Model Canvas , Customer Development , Agile Engineering – all adding up to a Lean Startup. Here the company is essentially incubating a startup. Lean is The Engine for the Ambidextrous Organization. Fast forward to today.

Lean 120

Lean Management Business Model Incubator 120

ReadWriteStart

SEPTEMBER 16, 2010

Sequoia has financed them. Bolpur is home to the Viswabharati university, as well as several other small engineering and professional colleges. But when I found out that Rajeev is a computer engineer, I suggested to him to build a cost-effective SEO services firm, which would be more interesting.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

Steve Blank

FEBRUARY 25, 2014

Other than measuring engineering progress, there’s no standard language to communicate progress. Corporations running internal incubators face many of the same selection issues as startup investors, plus they must grapple with the issues of integrating new ideas into existing P&L-driven functions or business units.

Incubator 310

Incubator Intellectual Property Startup Lean 310

The Next Web

AUGUST 26, 2012

Just like in college, graduates of incubators are sent off to go conquer the world… with the dream of a multi-million dollar exit and dollar signs in their eyes. In life out of the incubator or accelerator bubble, why do most of these bright start-ups fail? But what about the remaining 99%? What is the missing ingredient?

Incubator 121

Incubator Turkey Estonia United States 121

Steve Blank

MARCH 8, 2011

We were going to toss teaching the business plan aside and try to teach engineering students a completely new approach to start companies – one which combines customer development, agile development, business models and pivots. We made clear that this class wasn’t an incubator.

Lean 298

Lean Business Model Customer Development Guinea 298

ReadWriteStart

SEPTEMBER 23, 2010

I will work with him on his inventory financing strategy. In addition, we are offering entrepreneurs access to investors and customers through our recently launched our 1M/1M Incubation Radar series. All three of today's roundtable companies will soon be featured on Incubation Radar. JCLABoutique.com.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

OCTOBER 7, 2010

That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer? Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

techcrunch.com

SEPTEMBER 2, 2012

As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. Through a four month pre-seed incubator program, you can launch your dream company with expert training, feedback, and support from experienced startup CEOs, while not being required to quit your day job.

Equity 87

Equity San Francisco Technical Review Angel Investor 87

VC Cafe

JULY 4, 2011

Startup incubators have grown in double digits in the last couple of years. Following the success of Ycombinator and TechStars, in recent years we have seen literally hundreds of regional incubators set up in the rest of the US and Europe , across campuses and within vertical industries, such as mobile or finance.

Incubator 97

Incubator Entrepreneur Startup Vertical 97

ReadWriteStart

OCTOBER 13, 2011

I was invited to Finland as part of Stanford's Engineering Technology Venture Program partnership with Aalto University. Ironically one of the things that's holding back the Finnish cluster is Tekes , the government organization for financing research, development and innovation in Finland. 9-to-5 Venture Capital.

Finland 158

Finland Venture Capital Government Russia 158

ReadWriteStart

FEBRUARY 24, 2011

I recently wrote a blog post that I believe is worth pointing out in the context of the strategy roundtables: VCs, Angels, Incubators, Accelerators - What Are You Doing With Your Rejects? That means that less than 1% of the entrepreneurs who apply succeed in getting financed. His firm invests in four. CricketWeekly. Discuss.

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

ReadWriteStart

SEPTEMBER 16, 2011

As I keep reiterating, 99% of the businesses that go out for financing get rejected. Ledface is not ready for financing, even though that was one of their first questions. As I keep reiterating, 99% of the businesses that go out for financing get rejected. About Sramana Mitra. From 2008 to 2010, Mitra was a columnist for Forbes.

Brazil 115

Brazil India Entrepreneur 115

ReadWriteStart

NOVEMBER 28, 2012

We needed lab space and access to scientists and engineers, which we found elsewhere. In particular, use your accelerator to help you set up your accounting and finances. It’s important to understand the difference between an accelerator and an incubator. – Andrew Schrage , Money Crashers Personal Finance.

Technical Review 60

Technical Review Chile Startup Due Diligence 60

Steve Blank

SEPTEMBER 14, 2017

— I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” This was a very large and established tech company; its engineering organization developed the core day-to-day capabilities of the organization. Engineering continually felt overwhelmed.

Incubator 312

Incubator Curation Engineer Government 312