Most of the thousands of investors and entrepreneurs descending on New Delhi this week for the Sankalp Global Summit are looking to beat out their competitors. Dave Richards and Will Poole, managing directors of Unitus Seed Fund, are looking to create more competition for themselves, by seeding additional funds like their own.
As a venture development organization (VDO) based in northeast Ohio, we at JumpStart often get asked why entrepreneurs in fly-over regions like ours face more challenges than they do on the coasts. In fact, we get this question so often that we sat down and made this short video, telling the story using a very simple analogy: riding a bicycle.
Heidi Roizen has been on both sides of the entrepreneur funding divide, so her advice for aspiring entrepreneurs is particularly potent. Last month I interviewed her, and that interview led to many more questions about what it takes to succeed, especially the need to build meaningful relationships. I asked her to share her top five lessons for being a successful entrepreneur.
What does Silicon Valley think of women? From the looks of some data, it thinks we can earn an ROI even better than the guys. The more that we women focus on the reality we're making and the more we effect positive change and tell our tales of success, the faster we'll reach a time when magazine cover stories focus on how we're outperforming men.
As I stepped to the stage at the Rev. Jesse L. Jackson's 18th Annual Rainbow PUSH Wall Street Project Economic Summit to be part of a panel discussion about the need for more diversity in the venture capital industry, it was not lost on me that I am a middle-aged white male and that everyone else on the panel was white as well.
Just before the holidays I had coffee with Anne, an ex MBA student running a fairly large product group at a search engine company, now out trying to raise money for her own startup. She had an interesting insight: existing content/media companies were having the same problem as hardware companies that rarely made the leap to new platforms.