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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. They both raised angel / seed money of $1.5

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses – tech or otherwise – fail. Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. But today I want to give you advice on how to decrease your odds of failure in a startup.

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Start Up Business Grants 101: Meaning, Funding & Tips

Board Effect

Thousands of great ideas never come to fruition because business owners and founders of nonprofit organizations aren’t familiar with the startup business grant process. They simply don’t have the seed money to get a business or organization off the ground. What Is a Startup Business Grant? Essentially, the money is free.

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The Top 3 Financial Perks of Launching a Startup Company During College

The Startup Magazine

It is, in fact, the best time to jump right into entrepreneurship. Many will sit on the fence pondering if they can manage the added pressure of a college startup with exams looming. Below are three financial perks of launching a college startup during university. Additionally, college is a hub of knowledge and support. .

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

A caller dialed in to ask us questions about his startup. He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves). He wanted to raise angel money. We weren’t ready to hire an associate yet so I offered him a summer internship.

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Should Startups Care About Profitability?

Both Sides of the Table

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!” What did they actually do?

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The Legal Side of Entrepreneurship

YoungUpstarts

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. ” The Cost of Financing.