The TechTown neighborhood is a terrific Detroit asset, and it can be so much more. TechTown is a business incubator, and in order for it to thrive, we must focus on creating an environment where the area can grow organically out of existing assets.
When we think of successful business creation and development, we focus on the fundamental business model, value proposition, strategy, organization and alignment of resources, and focused and disciplined execution of that strategy.
The contest is focused on financial technology entrepreneurs, and TradeKing, an online brokerage, will be awarding 12 1M/1M scholarships, picked from 20 finalists, to entrepreneurs who are developing apps on their platform.
We should all agree on one simple fact: capitalists can do more. Access to education, environmental cleanup, healthcare improvement, wildlife welfare...
During today's roundtable, we turned the spotlight on Western Massachusetts, spanning the Northampton-Amherst area and the home of Smith College (my undergraduate alma mater), Amherst College, UMass, Mt. Holyoke and Hampshire College.
Silicon Valley startup guru Paul Graham has issued a warning to entrepreneurs on the hunt for venture capital in the wake of Facebook's tumultuous pub...
We are currently facing the greatest threat to first class citizenship, competitiveness, economic growth, and moral fiber as a nation since segregation. A deep digital divide exists at a critical point in our nation's history where we are transitioning from an industrial to a digital society.
Tech innovators and web entrepreneurs are the new rock stars. Their stories are fueling a sub-culture of entrepreneurial-obsessed students that see start-ups as exciting alternatives to traditional employment.
At today's roundtable, the last for 2011, we had four different countries represented and an intense set of discussions on five very interesting busin...
Business incubators for sharing services were all the rage back in the days of the dot-com bubble. About that time the bubble burst, causing more than 80 percent of them to disappear. Now they are coming back.
During this week's roundtable, we had Inoh Choe from San Jose, Calif. pitch DemoTunes, a freemium concept. One of the discussions that ensued was abou...
This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup ecosystem. On...
Finally, we had a discussion on Adam's proposal to sell 20% of his equity for $50K, which I thought was preposterous. That's like selling your prized assets for nothing in a flea market.
At this week's One Million by One Million roundtable, we put a special focus on entrepreneurs in the northwestern part of the United States, and we ha...
The pace at which D.C. is evolving into a capital for reasons other than politics is astounding. The prospect of D.C. as a hub for tech innovation is encouraging for a number of reasons.
India is a rising power in the entrepreneurship firmament, and the country's entrepreneurs are making a long-awaited switch from pure outsourcing and labor arbitrage to building businesses.
I want to start today with a prayer for Steve Jobs. I just wrote a post on my blog saying, "Apple Doesn't Need Steve Jobs; Tech Industry Does." It sum...
We started this week's One Million by One Million roundtable with a discussion of online advertising trends, looking at them from the perspective of c...
By providing seasoned mentors to growing companies and start-ups, the NYC Economic Development Corporation Venture Fellows program gives innovative entrepreneurs a pivotal leg up.
Ten days before my 20th birthday, I received a check for $750,000. On my 21st, I received a check for $4 million. As for my 22nd birthday, well ... that's a long ways away. Who knows what'll happen?