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Rescooped by THE OFFICIAL ANDREASCY from Educational Technology News, Tips & Tricks
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Tech Skilling Startup NxtWave Raises $2.8M in Pre-Series A Funding

Tech Skilling Startup NxtWave Raises $2.8M in Pre-Series A Funding | Daily Magazine | Scoop.it
NxtWave, a Hyderabad-based tech skilling platform, has raised $2.8 million in a pre-Series A funding round led by Orios Venture Partners and Better Capital.

Via EdTechReview.in
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MicroVentures Offers Investors Access to Portfolio of 500 Startups' Companies

http://snip.ly/2alS


AUSTIN, Texas, Feb. 25, 2015 /PRNewswire/ -- MicroVentures, an online investment platform, announced today the creation of a "500 Startups Fund" open to accredited investors. The Fund provides investors access to startups fostered by the well-known, Mountain View based, accelerator by way of a unique position in three 500 Startups' Funds for as little as $10,000. Investors not utilizing the MicroVentures' platform would need to invest at least $400,000to create a similar diversified portfolio. 

As of January 2015, MicroVentures and its 25,000 global investors have deployed over $60MM to approximately 100 companies.  With offices in Austin, TX and San Francisco, CA, the FINRA registered platform provides exclusive access to curated startup investment deal flow, allowing investors to review due diligence and speak with experienced licensed financial professionals prior to making an investment.  

"Over the years, MicroVentures has built a platform that gives investors the ability to diversify investments in early to late stage opportunities. Read more: http://snip.ly/2alS



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Via Marc Kneepkens
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Choosing an investor: 5 tips from 5 entrepreneurs

Choosing an investor: 5 tips from 5 entrepreneurs | Daily Magazine | Scoop.it
Five entrepreneurs offer their tips on how to choose the right investors for your startup.

Investors rarely make or break a startup, but they can make life a hell of a lot easier or harder for an entrepreneur. That's why entrepreneurs need to put some thought into who they want to add to their team, instead of taking the first money that's offered to them.

But how do you choose the right investors for your startup?

There are hundreds of factors to consider, but some stand out more than others. While anybody can give you money, only a few can give you the sage-like advice you need to succeed. And while adding a big name can be helpful to your cause, it isn't as important as working with investors who understand you and your goals.

I'm a professional investor now, so I'm biased when it comes to the qualities entrepreneurs should look for in investors. That's why I decided to ask five entrepreneurs who have raised funding to impart their advice for my Social Analystcolumn this week.

Here are their tips:

Click on image or title to read on.





Get your Free Business Plan Template here: http://bit.ly/1aKy7km

"The team at Growthink delivered exceptional quality service in every aspect of their client services. Their staff of professionals were extremely instrumental in fine tuning my creative vision into a well developed business plan."
  James E. Spence, Jr, Founder & CEO
At Bread Boutique






Via Arnaud Bonzom, Growth Engine Labs, Marc Kneepkens
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Women Entrepreneurs: Bridging The Gender Gap In Venture Capital

Women Entrepreneurs: Bridging The Gender Gap In Venture Capital | Daily Magazine | Scoop.it

In 1999 my colleagues and I led a research initiative, the Diana Project, that examined venture capital funding in women entrepreneurs. We found that approximately 5% of all US businesses receiving venture capital had a woman on the management team. This finding was surprising given the large number of businesses owned by women and the huge amounts of money being raised for venture capital at the time.

Today my colleagues and I from Babson College, released a new report that updates this earlier study.

Our report, sponsored by Ernst & Young, is the first comprehensive analysis of funding of companies with a woman on the team in more than a decade. Have women entrepreneurs made progress in attracting venture capital? Yes and no.

On the positive side – we see progress in that the number of early stage companies that have a woman on the executive team has tripled from 5% to 15% in the past decade. This is good news!

But on the other hand, we found that 85% of the 6,793 businesses funded by venture capital between 2011-2013 venture capital funded businesses had no women on the executive team at all. Further, only 2.7% of these companies had a woman CEO. Statistics show that women entrepreneurs are a significant force in the US Economy, majority owners of 36% of all US businesses. The fact women CEO’s comprise such a tiny percentage of venture capital funded companies is very puzzling.

So why do companies with a woman on the team comprise such a small percentage of investments by venture capitalists?

One argument suggested is that businesses with women don’t perform as well. But, our data shows the opposite– we found that business with women entrepreneurs on the executive team perform just as well or better than those companies led by all males!

Another reason offered is that women entrepreneurs are not well connected to the venture capital industry. Our data does show this to be the case. In fact, the number of women partners in US venture capital firms has declined over the past three years from 10% to 8.5%. Based on the argument that women investors would be more likely to invest in women entrepreneurs, the declining number of women investors is a concern.

However, another important finding is that venture capital firms with a woman partner are more than twice as likely to invest in companies with a woman on the team, and more than three times more likely to invest in companies with women CEO’s (58% of the firms with women partners versus 15% of the firms without women partners).

These key findings suggest that there is a huge opportunity for venture capital firms to create and capture more value if they seek and promote women partners who can connect them to qualified women entrepreneurs. Investing in companies with a woman CEO or woman entrepreneur on the team is a good investment!

Candida Brush , Contributor


Get your Free Business Plan Template here: http://bit.ly/1aKy7km



Via Marc Kneepkens
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Rethinking The Accelerator: What You’ll Achieve At 500 Startups

Rethinking The Accelerator: What You’ll Achieve At 500 Startups | Daily Magazine | Scoop.it

Before Avanoo arrived at 500, they were making about $2,000 a month selling self-help videos. But after a spell of stardom on Reddit, their social marketing channels had pretty much dried up. As cofounder Daniel Jacobs put it, “you can only do so many #1 posts before the Reddit people want to throw pitchforks at you.”

They had a plan to move from consumer to B2B and pivot from self-help into ongoing employee education for large corporations, but they were having trouble starting conversations with the execs they needed to reach. That’s when Jacobs and his cofounder got accepted to Batch 12. Less than six months later, Avanoo was an enterprise company worth $15M.

Avanoo’s success wasn’t about changing anything about their product or their plan. It was about taking the success they had already achieved and compounding it through rapid iteration, pushing forward through every failure: Read more: click image or title.

 

 

Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more: www.Business-Funding-Insider.com


Via Marc Kneepkens
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6 Tough and Timeless Startup Lessons

6 Tough and Timeless Startup Lessons | Daily Magazine | Scoop.it

http://snip.ly/3Zk0

Success requires the confidence to begin and the humilty to listen when trustworthy people tell you what isn't working.

No one is born equipped with the skills to start and run a business. It takes hundreds of misses and trials in order to get to somewhere close to the initial idea that you have envisioned. Understanding the “why” of your idea is necessary and the “how” to go about it is penultimate. Keeping that in mind, here is a little cheat-sheet on five things that you should absolutely consider while you start a company.

1. Write a business plan.

Your business plan is a formal document that lays the foundation of who, what and why your company is. It is a step-by-step guide that will include your company goals, business model, product cycle and the marketing strategies you will use to achieve traction. It is also a window through which your business is shown to investors and financial institutions to raise funds.

However, an overlooked benefit of developing a business plan is that it gives ‘you’: clarity of thought and vision, more than anyone. Before convincing others, you have to convince yourself about the validity of your company and its raison d'être. Only then can you hope to encourage people to help you, work with you and fund you.

Once you have a well thought out business plan it is time to… Read more: http://snip.ly/3Zk0


Get your Free Business Plan Template here: http://bit.ly/1aKy7km

"The team at Growthink delivered exceptional quality service in every aspect of their client services. Their staff of professionals were extremely instrumental in fine tuning my creative vision into a well developed business plan."
  James E. Spence, Jr, Founder & CEO
At Bread Boutique


Via Marc Kneepkens
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4 things Mark Suster had to say about raising Upfront Ventures' new $280M fund

4 things Mark Suster had to say about raising Upfront Ventures' new $280M fund | Daily Magazine | Scoop.it

Upfront Ventures, the Santa Monica-based venture capital firm that invested in Maker Studios, Factual, and TrueCar has just raised a $280 million new investment fund. This new fund is the VC’s fifth

http://snip.ly/CkQY


Via Marc Kneepkens
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Kickstarter vs Indiegogo: Tale of the tape

Kickstarter vs Indiegogo: Tale of the tape | Daily Magazine | Scoop.it
So, you are a budding entrepreneur with the next great idea and you are looking for money. The seat cushions have been searched, the empties taken back, and all immediate contacts have been tapped....

Via Martin (Marty) Smith
Martin (Marty) Smith's curator insight, July 3, 2013 12:15 PM

Funding may be the most critical game we play. This is an excellent post about the differences between the two major crowdfunding platform Kickstarter and Indiegogo. 

Joan Gali's curator insight, July 3, 2013 5:06 PM

Una comparació entre les dos grans plataformes de crowdfounding