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Failure

Why Are More Startups Going Bankrupt?

By | Oct 9, 2017 at 5:00 pm

It’s no secret that the vast majority of startups and small businesses eventually fail. The “8 out of 10 businesses fail” within the first 3 years statistic is commonly reported, but false. Still, more than half of businesses don’t make it past 5 years,…

Ecosystems

Portland, Maine

Maine Seed Capital Tax Credit Reaches Annual Cap for 2017

By | Oct 7, 2017 at 2:30 pm

The Maine Seed Capital Tax Credit, which provides tax credits to investors to encourage greater investment in Maine startups, has reached its annual cap of $5 million with three months left to go in 2017. The end came quickly. A few weeks ago, there was…

Finance

Too Many Startups Don’t Realize Saving Money Is a Good Thing

By | Oct 3, 2017 at 9:20 am

One bit of counterintuitive advice common to the startup community states that you should always reinvest your earnings immediately, creating a virtuous cycle that will grow your business with that hockey stick growth everyone’s after, and eventually letting you IPO for billions. But a…

Entrepreneur

Phoenix

Raising Capital Comes Down to Trusting Your Instincts

By | Sep 28, 2017 at 8:30 am

Your startup that was seeded with your own money is really starting to take off. With good business instincts and sound financial management, you’ve bootstrapped your business into a success. Your big idea has transformed into a thriving, rapid-growth company that’s turning a sustainable…

Finance

6 Ways to Quickly Bootstrap Your Startup

By | Sep 25, 2017 at 6:30 pm

Ask any startup founder and they are probably thing about money. At the end of the day, it’s hard to know if an external source of income will provide the edge you need to propel your company forward, or if it’ll simply detract from…

Tips & How To’s

3 Crowdfunding Tips That Can Boost Your Campaign

By | Sep 18, 2017 at 8:30 am

Once upon a time if you wanted to get funding for a project you felt good about then you had to borrow money from friends or family or get a bank loan. Nowadays that’s not necessary. Today we have crowdfunding where you can potentially…

Books

DC

Why Venture Capital Misses The Big Ideas

By | Sep 12, 2017 at 6:30 pm

For most people, “innovation” means what we invest in: Where’s the next Uber or Lyft? But there’s been very little innovation in how we find ideas. As one tangible example, most of the venture capital process today is a “one size fits all” system…

Opinion/Analysis

Should Startups Seek Venture Capital or Borrow From Banks?

By | Sep 8, 2017 at 5:00 pm

The early stages of a startup are delicate, and the single largest destabilizing factor tends to be money. Even with a brilliant idea and hardworking team, a lack of funding can capsize small companies quickly. Crafty business owners looking to keep the momentum rolling…

Accelerator

Boulder

5 Common Threads You’ll Find in a Successful Startup Pilot

By | Sep 5, 2017 at 12:20 pm

Recently, I wrote about what motivates a corporation to partner with a startup for a pilot and the ins and outs of testing a new product, exploring the potential for a working relationship and understanding your market better. This time, I’ll go one step…

Finance

4 Benefits to Bootstrapping Your Startup

By | Sep 5, 2017 at 8:30 am

Whenever I think of thousands of startups that are beginning their journeys every day, I remind myself of Bennett Miller’s “Moneyball”. A true story about the MLB manager Billy Beane who guided his team to the MLB finals on the lean budget and his…

Finance

4 Things to Consider When Raising Funds for Your Startup

By | Sep 3, 2017 at 10:30 am

For the last few years, I’ve been a partner at Founder Equity, an early-stage fund. Unlike most funds, we make large investments in talent, we have no fees or traditional carry, and we target companies with prospects for early liquidity. Raising money for a…

Ecosystems

Maine

Maine Technology Institute Wants Your Input on How to Spend $45M 

By | Aug 31, 2017 at 7:15 am

The Maine Technology Institute will receive $45 million as a result of the $50 million bond referendum that voters approved earlier this year and is looking to gather feedback on the process it will use to distribute it. MTI will be soliciting proposals from Maine organizations…

Funding

San Francisco

Know Your VC Is the Yelp for Venture Capitalists

By | Aug 23, 2017 at 11:30 am

The venture capital and investor community as a whole has been under fire most of the summer as harassment allegations swirled around some of Silicon Valley’s biggest investors. When it’s time to pitch for money, most startup founders and entrepreneurs rely on the word…

Funding

Understanding Funding Rounds of the 100 Highest Valued Unicorn Companies

By | Aug 21, 2017 at 3:50 pm

As the saying goes, a unicorn company can’t be built in a day. Much like the rest of the entrepreneurial process, success takes time and hard work, and there are no shortcuts to accelerate it. You’ll need to make small, achievable goals along the…

Funding

Maine

What It Means to Have a Honey Badger Culture

By | Aug 17, 2017 at 8:30 am

The honey badger could be considered the world’s most fearless animal. For a Rockland, Maine-based digital marketing agency, Dream Local Digital, they consider their team members #HoneyBadgers of the online marketing world. Here’s how the company explains it: “#HoneyBadgers are tenacious. When we set…

Music

NYC

SoundCloud Closed the Funding It Needs to Stay Alive

By | Aug 11, 2017 at 2:30 pm

SoundCloud is the latest example of why nothing on the internet will last forever, and plenty of things won’t even last more than a few decades. The audio hosting company laid off forty percent of its staff last month, and has this week raised…

Ecosystems

Detroit

5 Takeaways From the Midwestern Startup Ecosystem

By | Aug 10, 2017 at 5:00 pm

After working on this for months, M25 finally released our first official ranking of the top startup cities in the Midwest. After making the announcement and releasing the rankings publicly last week, I figured it would only be prudent to add some color from…