According to the Kickstarter's data, there was $274 billion collected last year (+238 percent from 2011). In comparison, VC's invested $26.5 billion in 2012 (-10 percent from 2011). Do you see the difference?
Today's software startup does not need $5M to get going. 1/10 of that is more the case. In response to this development we are seeing new breeds of investors from angels to super angels, micro VCs, etc.
When the 900-page-plus Affordable Care Act (ACA) was enacted my first reaction was simple relief that the political spectacle had finally ended. My second was that implementation the largest health system overhaul since the 1960s, would be a fiasco.
Little stories are scattered througout the media suggesting inquiries into the methods used to determine the pre-IPO valuation of Facebook. But the real surprise is that nobody is outraged over the big cash-outs that investors and former founders are taking.
There is constant discussion about whether women and tech startups mix. Despite the fact that women start small businesses at a faster rate than men, the hand-wringing only seems to reach a wide audience when the startup in question is in the tech or social media space.
A decade from now historians will discuss the economic impact of a two-day event that recently took place at Rutgers University, which brought together more than 120 minority business leaders, investors and entrepreneurs for the first-ever " Gathering of Angels" summit.
The stimulus was not as effective as hoped, in part because state and local officials were expected to move faster than they were able. However, state and local officials and local entrepreneurs are now responding to the need for new jobs in interesting ways.
Recently an entrepreneur/investor/blogger extraordinaire I admire by the name of Chris Dixon touched on the two general paradigms people/institutions can adopt towards one another when conducting business.