Back in 2010, our outsource model was growing. We were getting medium scale projects. I always worried about delivery of these with the limited amount of technical resources we had back then. After a few months of discussion, I ended up hiring one of close friends from an outsource model to head the technical team … Continue reading How We Made A ‘Minimum Viable Product’ For 2 Years And It Just Sucked!
I had a pretty detailed chat with two visionary entrepreneurs in Sri Lanka yesterday, without even realizing we had talked over 3 hours. We talked a lot about execution and why it is important for any startup with products in the technology space. Execution is not just traction. Executing on an idea involves building the … Continue reading How To Avoid Startup Execution Mistakes in Product Development
It is with deep sadness I am writing this post that the founder of Ecomom, Jody Sherman passed away. According to Pando Daily, the news on his death is pretty scarce. This is the second in a raw, after Aaron Swartz hanged himself in early January. I have dealt with pretty dark moments myself in … Continue reading The Startup Depression and Entrepreneur Anxiety
We all heard about the $100 'Direct-delivered-to-inbox' message to Mark Zuckerburg few days back and today I noticed something weird! My wife was looking at her facebook and she said 'Hey I like this Saree too!' I was trying to figure out what she was talking about and I finally went up to her computer … Continue reading Monetization on Crystal Meth: The New Sponsored Page Likes on Facebook
For entrepreneurs, it is now both easier and harder to raise capital: easier because of powerful platforms like AngelList; harder if you’re not part of an accelerator or don’t have a strong network.
Silicon Valley has more startups than ever before. My startup, Cucumbertown, raised its first round a month ago, and during the course of this journey, I realized that, as a first-time entrepreneur without any solid Valley footing, my run toward raising funds as a non-American co-founder was somewhat unique.
Valley funding used to be an impenetrable fortress that opened up only by way of introductions. Your success in raising capital decreased to insignificant levels otherwise. The only other chance to make yourself noticeable was traction, which trumps everything. But the market dynamics of fundraising is…
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U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.), along with Marco Rubio (R-Fla.) and Chris Coons (D-Del.) introduced Startup Act 2.0 – bipartisan legislation that picks up where the JOBS Act left off by doing more to jumpstart the economy through the creation and growth of new businesses. Startup Act 2.0 builds upon the … Continue reading Startup Act 2.0: The Bipartisan Job Creation Plan
Obama government is playing a major role accelerating tech entrepreneurship. Below is a summary of what was done earlier. Promoting high-growth entrepreneurship Unlocking capital: This spring President Obama signed the Jumpstart Our Business Startups (JOBS) Act (http://wh.gov/QBy), a bipartisan bill that allows startups to raise capital from investors more efficiently, among other initiatives, by allowing small-dollar crowdfunding investments (http://wh.gov/3Buf), … Continue reading Obama Wins, Technology Wins!