History shows that great companies are often built during bad times. In 1939, at the tail end of the Great Depression, two engineers started Hewlett-Packard (HPQ) in a garage in Northern California. Silicon Valley itself was largely created during the nasty recession of the mid-1970s. During that decade, entrepreneurs laid the groundwork for the boom ...
A year and a half ago, my co-founder Dev Nag and I started an internet TV network for games called PlayCafe. Our ambitious plan was to run highly interactive game shows in which everyone was a contestant. Players could watch our hosts, answer questions, win prizes, form teams, call our studio, live chat, and run ...
There are various things a potential founder of a new startup company needs to do before quitting their job. The article recommends:** Review all agreements with your current employer** Return confidential information to your employer** Limit pre-resignation activities** Prepare for the exit interview** Stay on good terms** Don’t forget about stock options and benefits** Consult ...
It’s no surprise that the value of tech startups is falling. With the deepening recession, even the stocks of highfliers such as Google (GOOG) and Apple (AAPL) have tumbled more than 50%. Still, this is a sharp reversal for a generation of companies that seemed poised to inherit the mantle of leadership in the tech ...
The economic situation is apparently so grim that some experts fear we may be in for a stretch as bad as the mid seventies. When Microsoft and Apple were founded. As those examples suggest, a recession may not be such a bad time to start a startup. I’m not claiming it’s a particularly good time ...
The Texas Startup Blog has been published by Alexander Muse since 2005. With more than 2000 articles on startups, entrepreneurship and venture capital; the blog has garnered international attention with more than 70,000 monthly readers around the globe. The Texas Startup blog is part of the SpringStage startup blog network launching in early 2009.
Algate is the blog of Furqan Nazeeri. He is currently President & CEO of Virid.us, an online community focused on green issues at work. Previously he was an Entrepreneur-in-Residence with Softbank Capital where he evaluated and sourced investment opportunities while working with Softbank portfolio companies and developing Virid.us. Furqan previously founded Pivot, Inc. in 2004 ...
At the early startup phase, when the money from friends and family is being invested, entrepreneurs usually can’t afford good lawyers and may not have found experienced mentors. As a result, many entrepreneurs miss some of the legal requirements of the ‘Friends and Family’ financing.
Like many new young entrepreneurs, three years ago I thought I was pretty hot stuff. I had a few employees, raised some angel money… and then proceeded to make huge mistake after huge mistake. Of all my business blunders, these 7 are the ones that still make me gnash my teeth.