Defending Silicon Valley: Separating the Good Apples from the Bad

Sam Altman is a partner at Y Combinator. He also previously founded Loopt - a geosocial networking app, which allows people to share their location with their friends. He sold the company for $43.4 million. Sometimes you will catch him wearing a T-shirt that says, 'make things that people want'. If you ask him why outsiders have such a bad impressi...

Universities Creating Most Venture Capital Backed Entrepreneurs

Pitchbook has recently published its latest list of top universities creating most venture capital backed entrepreneurs. Far from being the domain of college dropouts such as Steve Jobs, Bill Gates, Mark Zuckerberg and the appropriately name Marc Rich, many college graduates also become successful entrepreneurs. You don't need to be a dropout to su...

Should American Venture Capitalists Be Less Picky?

American venture capitalists appear reluctant to invest outside the United States. Deloitte's annual survey of worldwide venture capitalists has show year after year that Americans have least confidence in investing outside their own country: only 2.41% American venture capitalists showed confidence in investing outside the USA in the 2013 poll of ...

Silicon Valley or Silicon Alley: San Francisco or NYC for Startups?

Is it Silicon Valley or Silicon Alley for startups? Should you look to San Francisco or NYC for startup finance? The most famous area for startups is indisputably Silicon Valley – and San Francisco is the biggest city in the area. They no longer come with flowers in their hair - it's now the latest chips and other 'next great things.' It's no coin...

SaaS Cloud Software Services and Their Investment Potential

Do SaaS cloud software services have good investment potential? One of the problems with cloud services is they tend to be paid monthly, as opposed to regular software packages that are paid up front. So what's the difference, and why should there be an issue with SaaS (Software as a Service) market? Let's find out. If you started a company offer...

Five Startups that Stood Out at Y Combinator's Latest Demo Day

Y Combinator is well known for its successful startup incubation platform. Demo Day is a special day when all the companies incubated by Y Combinator present their ideas to a group of investors. Recently, on the Demo Day held in August, 85 startups- one of the largest groups ever incubated at Y Combinator got an opportunity to sell their ideas. A n...

Technical News: New Technology and Business Information

Google Deletes Nude Pics Google has announced the deletion of "tens of thousands" of celebrity nude photos. The photographs were deleted within hours of a request being made. The action was taken after a threat by Hollywood entertainment lawyer Mary Singer to sue. Photos had been published on social media sites such as YouTube, Google+ and Blogspot...

Successful Crowdsourcing Projects Attract Interest from Venture Capitalists

Kickstarter was the starting point for many companies which have eventually gone ahead and raised mega bucks from venture capital companies. Oculus VR is one such company. Startups that succeed in winning investor confidence on Kickstarter also attract venture capitalists who see such crowdsourcing websites as a platform for ideas that have the pot...

Will My Business Idea Work: Venture Capital Funding Might Help

Will your business idea work? Venture capital funding might help you make it work, but only with certain provisos. These are designed to protect the VC firm from bad decisions, and investing in companies that lack the desire or knowledge to succeed. You will not get investment just by having an idea. You might have this great idea for a new busine...

Want to Join a Startup: Tips on Finding a Successful Startup Firm

If you really want to join a startup then there are things you can do to maximize your time with the company. Remember that startups do not have a high survival rate, and your job might last just a few months – if not just a few weeks. Here are some tips on finding a successful startup firm. Investors divide their money between about 10-20 startup...