Posts Tagged ‘investors’

Are Facebook Investors Playing Russian Roulette?

Ross | May 22nd, 2012

Although Facebook’s stock price has fallen well below its IPO price of $38 per share, many people agree that the stock is still significantly overpriced. Facebook stock is trading at 57 times projected earnings (compared to 14 for Google and 12 for Apple). There is precedent for a high forward-year projected earnings (P/E) ratio. For […]

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Don’t Delegate Until You’ve Done It

Ross | June 8th, 2011

Many startups fail because their leaders focus on doing things right, instead of doing the right things. They hire employees who can effectively execute tactics (do things right) but who have difficulty figuring out what needs to be done (doing the right things). But how can you decide the right things that need to be […]

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Thoughts on being a startup in Chicago: 3 tips for entrepreneurs

Mike | January 25th, 2010

In March, Ross and I will be hosting a talk at South by Southwest; it’s called “Third Coast: How to be a Startup Outside of Silicon Valley.”  We have been thinking a lot about this lately and discussing the challenges we have faced on our own path. When we first conceived of the idea that […]

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Thoughts for small businesses and startups on raising capital

Mike | October 6th, 2009

So you have a great idea, right? You’ve written a fantastic business plan, researched the market extensively, have a deep understanding of the competitive landscape, and have a watertight financial model that shows how you can reach profitability even in the worst-case scenario. Now it’s time to get out there and find your funding. Easy, […]

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Start-up Tip: Ten Suggestions For Raising Start-up Capital From Angels

Ross | September 17th, 2008

Mike and I stated working on crowdSPRING in the summer of 2006. We incorporated the company in May 2007 and launched the crowdSPRING marketplace in May 2008. We’ve learned many important lessons along the way. In some ways, our experience is typical of other start-ups. In other ways, it is not. I want to share […]

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