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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…

Business

Portland, Maine

Should Maine Startups Really Be Worrying About Access to Capital?

By | Sep 23, 2017 at 10:30 am

Over the past several months, I’ve heard on several occasions that there’s a lack of capital available for early stage startups in the Portland, Maine area. This “access to capital” talk is typically surrounded by conversations about what the area is missing. While I…

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…

Ecommerce

What More Payment Processing Options Mean for Ecommerce Startups

By | May 3, 2017 at 11:20 am

I see many of the changes in the ecommerce industry impacting what businesses will have to consider when they add or manage their payment processing systems. This is especially the case for startup founders like myself. The information presented below is based on findings from…

Crowdfunding

5 Ways Kickstarter Is Easier Than a Loan

By | Jan 11, 2017 at 5:50 pm

Startups need funding. It’s a reality of the business world. And while many turn to loans to get the funding they need, Kickstarter can be a lot easier. Relying on a bank for a small loan comes with fees, applications and a bunch of necessary…

Funding

Six Tips for Fundraising in a Cooling Venture Capital Market

By | Nov 7, 2016 at 5:50 pm

Adnan Mahmud is the founder and CEO of LiveStories (Seattle ’14), a data collaboration hub for governments. LiveStories recently announced our seed round. Initially, our goal was to raise $2 million. We ended up raising $3 million. Our success occurred against the backdrop of venture capital…

Opinion/Analysis

Millennials Don’t Trust Silicon Valley

By | Sep 28, 2016 at 5:50 pm

Fear of financial failure stopped 40 percent of millennials from starting businesses in 2014. Since the 1980s, the number of business owners under 30 dropped 65 percent, one analysis says. Now, a new nationwide survey might hold a few more clues as to why so…

Tips & How To’s

The One Essential Tip That Late-Career Entrepreneurs Need

By | Jul 27, 2016 at 11:00 am

The average successful startup founder is about 40, and they’re all working with different strengths and weaknesses than the younger crowd. They have a lot more knowledge about their industry, for instance, but they can’t pull nearly as many all-nighters to put together their business….

Co-working Spaces

Cincinnati

Cintrifuse: A Cincinnati-Based Organization with a New Model for Building a Startup Community

By | Aug 18, 2013 at 12:00 pm

Recently, Cintrifuse, the Cincinnati-based, startup-focused, nonprofit organization, held a discussion with members from the local startup community. The meeting’s purpose was for Cintrifuse to hear directly how it can help on the local front. Instead, the discussion became an effort to try to answer the…