Posts Tagged ‘venture capital’

Three economic trends for 2011 (fueled by startup goodness)

Mike | January 3rd, 2011

2011 is going to be a great year for entrepreneurs – even better than 2010. The past year saw startups on the rise, an increase in venture capital funding (both in real dollars and numbers of companies funded), a resurgence of IPOs, and the rise of David against Goliath, as best represented by Groupon’s spurning […]

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Google Crowdsourcing Investments

Ross | May 4th, 2010

Most companies leverage crowdsourcing by relying on external communities. For example, small businesses and startups looking for custom logo design leverage crowdSPRING’s community of 60,000 designers and writers. Companies looking for help with on-demand software testing can leverage the community at uTest. People looking for help with simple tasks can leverage Amazon’s Mechanical Turk. Smart […]

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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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