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How to Negotiate Your Equity Compensation in VC-Backed Startups

by / ⠀Funding Startup Advice / October 24, 2012

In our work at venture-backed startups, we are amazed at how hard new employees will negotiate pay, benefits, workspace, duties, titles, etc. and just totally accept their equity compensation. So, we have prepared six questions that will make you look really smart and help you understand your equity compensation.  It may also make you a lot richer when your Company is acquired. Assumption: You have been offered an…

How to Showcase Your Startup without Giving Everything Away

by / ⠀Finding Customers Startup Advice / August 10, 2012

Entrepreneurs may find it difficult to garner enthusiasm for their ventures without giving away everything involved, but by maintaining a simple and to-the-point description of their new enterprises, entrepreneurs can “tease” potential clients and investors without exposing the whole idea upfront. The use of advertising, modeling, and promotional materials can lend a helping hand to newly budding business endeavors. Use Other Business Models Don’t be afraid to use…

Going after the “American Dream”: Starting a Business as an Immigrant

by / ⠀Startup Advice / August 6, 2012

I came to the U.S. from Colombia like many immigrants do: I was looking to find my “American Dream” and have the chance to take part in all life has to offer here.As with any move of significance, there are not only logistical changes, but cultural ones. Running a business in Colombia and overseeing one here in the States were two entirely different things, as I would soon…

8 Common Legal Mistakes That Startups Make

by / ⠀Startup Advice / July 2, 2012

When you decide to start up a company it can be very exciting yet exhausting at the same time. You are filled with joy but at the same time you can’t wait to get everything started and going as well. Throughout the process there are some things that you may accidentally forget or even do by mistake. Some of the most common mistakes startups make are often the…

How To Hire the Best Employees For Your Young Startup

by / ⠀Startup Advice / May 10, 2012

Hiring your first staff as a young entrepreneur and business owner is crucial to determining how far you go with growing your company. You have certain challenges as a young business owner looking to hire great talent to work for you. The earlier you know of these challenges and how to overcome them the better for you. What possibly could be the challenges you will likely face as…

NY Tech Day 2012: Startups that Stole the Show

by / ⠀Startup Advice / May 1, 2012

Thursday, April 19th was NY Tech Day. Over 3,500 people registered to attend and 160+ startups exhibited alongside sponsors at the Lexington Armory in New York. The first part of the event had startups showcasing their products to the media, VCs, and tech industry enthusiasts. The latter part of the event was the Awards Ceremony, hosted by David Tisch, Managing Editor of TechStars NY and Charlie O’Donnell, Founder…

Please Don’t Try to Build the Next Instagram

by / ⠀Startup Advice / April 15, 2012

2 years of work…  $1 billion payout… In an instant, this became the dream of thousands of young, enthusiastic entrepreneurs.  Instagram was founded in 2010.  They built a relatively simple photo sharing application, gained traction, raised capital, continued to grow, found a buyer (Facebook) at just the right time, and cashed out big time.  Sounds easy right? There are now thousands of young entrepreneurs saying, “all it takes…

Startup Support: NYU Innovation Venture Fund

by / ⠀Startup Advice / March 13, 2012

New York University has a fund specifically aimed at helping the growth of local startups. The Innovation Venture Fund was created in 2010 to invest in startups built upon NYU technologies and intellectual property. The fund was started with $3 million in capital and has since grown to $20 million. The fund invests in 5-6 student, faculty or school research led startups each year with between $100,000 –…

How to Budget Your Startups Tech Needs

by / ⠀Startup Advice / February 7, 2012

More and more startups these days have a technology component to their business. And then for some, technology is not only core to their business, but the foundation of it. But while tech has reduced or altogether eliminated many of the barriers to entry that existed even 10 years ago, not every business owner has a clear understanding of what to expect in terms of budgeting for their…

Poll Results: What Has Been the Main Source of Funding for Your Small Business?

by / ⠀Funding / January 7, 2012

What has been the main source of your small business funding? It can seem as though the answer to that question is as varied as the types of startups springing up everywhere these days. We asked our readers this fairly straightforward SME funding question. We wanted to see how people are getting the money they need to get their small to medium-sized enterprises off the ground. Not surprisingly,…

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