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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
What if we could take the top talent coming out of colleges and universities today, those that tend to feed into law school, med school, Wall Street and consulting, and put them in startups all over the country? Imagine the job growth possibilities we could create in the country just by giving recent graduates a taste of that entrepreneurial bug. Now, what if I told you there's an organization trying to do just that. Enter--Venture for America.
Rahul Sood, General Manager of Microsoft Ventures, is changing how we help startups accelerate. Targeting markets across the globe, Microsoft Ventures is bringing entrepreneurial mentoring, backed by Microsoft's products and support, to give their accelerator companies an unfair advantage in the market.
1 Million Cups launched in Provo, Utah at the end of January, just the latest program added to a vibrant and well-connected community. Provo has a rich technology history, outstanding education and a bright and supportive entrepreneurial future. This mountain city of 120,000 residents in the Utah Valley lives its vision of creating jobs and building a culture of growth through four distinct areas.
A veteran media industry executive, Ron Bloom is the visionary CEO and business leader behind the founding of PodShow. Ron is ultimately responsible for PodShow's business units, team building, operations, financing and
hyper-growth. Bloom was the chief strategist in securing PodShow's elite private investors, including venture firms Kleiner Perkins, Sequoia Capital and Sherpalo Ventures. Bloom is often referenced as the author of the media industry's
"5/50" rule and Fart's Law of consumer technology adoption. Ron Bloom is a former Chairman and Chief Executive Office of THINK New Ideas, a company he founded with PodShow co founder Adam Curry. He helped to build the Company to over 500
employees working out of 8 offices in the US and abroad, driving revenues from a start-up to approaching $100 million in less than three years. He led the company through venture rounds, an IPO, multiple acquisitions, a private placement
of public equity, and, eventually the sale of the company for an estimated 350 million dollars. Prior to joining THINK New Ideas, Bloom again partnered with Adam Curry, acting as President and Chief Operating Officer of On Ramp helping it
to become one of FORTUNE Magazine's "Top 25 Emerging Technology Companies of 1995. In recent years, he has worked with a range of companies, helping to develop technologies for the cable industry as well as helping to launch a company that
provides technology solutions for Homeland Security. In his first career, Ron Bloom was a celebrated song writer and recording artist, having collaborated on several Top 10 hits, including Into the Night, which was a hit single twice. His
musical talents and artistic perspective have helped to shape PodShow's products, marketing, services and talent relationships.
Finding venture capital is a matter of securing the right fit between founder and funder, writes the author. Affinity with a investor helps, such as pursuing groups that finance the type of company that yours is, such as a minority- or female-led firm; also necessary is a plan outlining your company's financial prospects and a pitch for convincing investors that you can execute, the author notes.
As vice chairman of America Online, owner of sports teams and serial entrepreneur, Ted Leonsis has accomplished enough for many lifetimes. In addition, however, he uses the leverage of his position and his entrepreneur's drive to tackle a multitude of philanthropic goals.
Robin Li is the Co-founder, Chairman, and Chief Executive Officer of Baidu, Inc., and oversees the company's overall strategy and business operations. Since founding Baidu in January 2000, Li has turned the company into
the largest Chinese search engine, with over 70% market share, and the third largest independent search engine in the world. In 2005, Baidu completed its successful IPO on NASDAQ, and in 2007 it became the first Chinese company to be
included in the NASDAQ-100 Index. Prior to Baidu, Li was already regarded as one of the world's top search engine experts. His hyperlink analysis, patented in 1996, is among the inventions that shaped today's search engine technology. Li
worked as a staff engineer for Infoseek, a pioneer Internet search engine company, from July 1997 to December 1999, and as a senior consultant for IDD Information Services from May 1994 to June 1997. Robin Li received a Bachelor of Science
Degree in Information Management from Peking University in 1991, and a Master of Science Degree in Computer Science from the State University of New York at Buffalo in 1994.
Entrepreneurs must identify ways to exit a business at the onset, which enables efforts to be directed to a goal, writes the builder of two companies. The author, now a venture capitalist, outlines four steps for doing so.
Valuation negotiations between entrepreneurs and investors are often contentious. Such valuations rarely stray from the $1 million to $3 million range for seed/startup companies that angels expect to grow to $50 million to $100 million over five to eight years. Angels are most concerned about the management team's ability to rapidly grow the company and about helping the entrepreneur achieve these growth objectives.
Don’t get Randal Charlton wrong. The executive director at the TechTown business incubator in Detroit is thankful for a recent announcement of $5 million coming his way to help graduates of his FastTrac business training program launch their companies. But, he says, look at it this way: The money, granted by the New Economy Initiative, a Detroit-area philanthropic partnership, is not being thrown at comfortable entrepreneurs. This is, essentially, aid to the unemployed. And, as such, $5 million barely scratches the surface.
Many of the entrepreneurs to be helped by the First Step Fund, the entity created by NEI’s $5 million investment, are not launching startups because it seems like a promising thing to do. They have nowhere else to go, Charlton says. Their former jobs in the auto industry are gone, never to return. Their choices are to leave the state or try to create their own jobs in Michigan.
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