We're now in the second Internet bubble, and the rules for making money are different in a bubble than in normal times. What are they, how do they differ and what can a startup do to take advantage of them?
Our working thesis was not one we shared with the class. We proposed to teach entrepreneurship the way you would teach artists: deep theory coupled with hands-on experience, guided by seasoned, accomplished artists.
Being a startup investing in startups is no easy task. But we're trying to be thoughtful about it, try new things and iterate rapidly with the benefit of data. Sounds a lot like what we expect from the startups we invest in.
In the flurry of a mass orchestrated adrenaline rush, busloads of previous strangers had formed 38 teams on the road and, as described by Cleveland bus conductor Anthony Broad Crawford, "gone through the complete life cycle of a startup."
In approving the resolution to nullify the FCC's open Internet rules, Republican members in the House show that they don't care if big companies impose unfavorable conditions on start-ups and entrepreneurs.
Six buses filled with teams of sleep-deprived innovators are headed to Austin, TX on a collective quest to prove that, with the right combination of energy and talent, a viable business startup can be launched from scratch in just 48 hours.
The most interesting part of the class would happen outside the classroom when the teams spent 50-80 hours testing their business model hypotheses by talking to customers and partners and (in the case of web-based businesses) building their product.
The apparent increase in entrepreneurial activity during the past three years was due almost entirely to businesses like Jeffrey's that aren't adding employment beyond the founder. The creation of employer firms, in fact, has been on the wane.