How soon we forget. I wonder if the next generation of entrepreneurs will be called the ‘Instagram Generation.’ I hope not. Back in April, Facebook acquired Instagram for about $1 Billion. Of course what was most striking was that the company had 13 employees and was less than 2 years old
After a few years of working in the television industry, particularly on the planet they call Hollywood, I was immersed in the “high concept pitch” language of the entertainment industry. The practice is meant to impart your idea to studio executives with nano-attention spans by equating the idea with another
Another day, another “eye-roll” moment. Sigh. Yet another article on the “rules” or “secrets” to becoming a successful entrepreneur – usually written by someone who has never been an entrepreneur, much less a successful entrepreneur. Entrepreneurship advice is getting similar to those late night get-rich-quick real estate commercials, or like
A recent blog post from the Kauffman Foundation puts it succinctly, when it tries to dispel the myth of the twenty-something tech wizard as the prototypical entrepreneur. Citing research, they write: In reality, the highest rate of entrepreneurial activity belongs to the 55- to 64-year-old age group over the past
Below is an ironic infographic that so nicely illustrates how some of our most iconic (and wealthiest) entrepreneurs never graduated college. This is an attractive meme based largely on casual evidence. Apparently this evidence is enough to power the belief, or implication, that college is irrelevant or even detrimental to
When an entrepreneur starts a company – they usually fall into one of two camps: Founders who ignore the legal and organizational startup issues in favor of focusing on product development , and founders who focus too much on these ‘setup’ issues. As noted in this useful article by NY
Crowdfunding: Saving the U.S. Economy [Infographic]
l’m not a fan of top-10 lists or blog posts like “5 easy ways to become a success“, but a recent article, 10 Lessons Learned In an Incubator – Entrepreneur Stories gets it right – except that the author, most likely, is referring to accelerators and not incubators. There is
Arizona No. 1 for startups, Kauffman study finds Arizona had the highest entrepreneurial activity rate of any state last year, according to new research from the Kauffman Foundation. – Phoenix Business Journal Definitely worth of a major shout-out When I arrived in Arizona 4 years ago to help them build
In 2011 “Crowdfunding” matured from a method to collect donations for small creative projects, to a formidable new way of investing in startups. Battleground 2012 is about whether the US should update its antiquated securities laws to allow for Crowdfunding new entrepreneurial companies. .