startup

Prepare for the onslaught of crowdfunding marketplaces

Crowdfunding will probably become a legal and government-approved way to raise startup capital--eventually. Congress needs to figure out how to pass a version of the JOBS Act for that to happen, but while there is bickering over key components of the Act, on the whole both parties agree that opening up startup investing to more people is the right thing

Once this occurs, and small businesses can raise money from anyone, how will they find these new investors? And how will investors find the businesses they want to invest in?

One of the first new information markets to come on … Read more

Battle over crowdfunding slows JOBS Act passage

Crowdfunding will likely become the new law of the land, but not as soon as its advocates had hoped.

The JOBS Act passed the House easily on March 8 by a 390-23 vote, and its supporters hoped it would sail through the Senate. But today the Act has been delayed in the Senate by new arguments and amendments.

Senate Democrats created an amendment to the Act, S.AMDT. 1833, designed to improve transparency and consumer protections around the crowdfunding portion of the act. It would replace H.R. 2930, the Crowdfunding bill that is incorporated into the JOBS Act. Today, … Read more

Startup Secret 48: We are programmed to receive

"Listen to the question."

--Jason Calacanis, host, Launch conference

I sat in on one of the demo prep sessions for the recent Launch conference, in which Jason dispensed advice to the CEOs practicing their pitches. After each pitch, of course, come the showy, congressional inquiry-style questions from the onstage judges. Jason's advice for dealing with the questions is basic, but presenters still need to be reminded of it.

"Be in the moment," Jason says. "Listen."

It should be easy. But it isn't, especially when you're onstage in front of a … Read more

JOBS Act to rewrite rules of Silicon Valley investing

This week, possibly as soon as tomorrow, the Senate is likely to pass the JOBS (Jumpstart Our Business Startups) Act. It has already passed the House, and most of the influencers in Silicon Valley are in favor of the bill. It will certainly change the way the Valley works. But not for the reasons many people think.

The JOBS Act is a collection of bills that were rolled up into one act in the House: H.R. 3606. The Senate was working on variations of some of the components included in 3606, but sources say that the most likely outcome … Read more

Startup Secret 47: Do the right thing

"We are fixing the wrong things."

--Ryan Howard, CEO, Practice Fusion

Entrepreneurship is really commitment. Passion. The putting aside of short-term comforts, or even needs, so the Idea can live.

Is there such a thing as too much commitment? The story of Ryan Howard might illustrate just that. I thought so, at first. But by the time I was finished talking to him about his company, Practice Fusion, I was glad he did the dumb things he did to keep his company alive in the dark days of its founding.

Practice Fusion is an electronic medical records service … Read more

Protect your registry with MJ Registry Watch

Mark Jacob's MJ Registry Watcher is a very simple yet effective tool for automatically monitoring your Windows Registry for changes (especially unauthorized changes) and alerting you to the change, and even preventing it from happening. It polls your registry and files every few seconds, looking for changes to your startup files, registry keys and values, and other places that Trojans and rootkits target. RegWatcher also hooks the registry, which means it intercepts commands and blocks those that pose a threat, simultaneously issuing an audible alert.

RegWatcher is portable freeware that needs no installation. The download includes a lot of … Read more

Microsoft launches Windows Azure Accelerator in Israel

Microsoft is playing nice with startups in its new Windows Azure Accelerator.

The company announced recently that the accelerator, which will rely heavily upon Microsoft's Azure cloud service, will be a four-month program designed for early stage startups "doing big things in cloud, Web, and mobile." Microsoft says that it'll provide the companies with mentors, development tools, and other key elements to help attendees grow their businesses. The accelerator will be held at Microsoft's Israel Research and Development Center.

"Microsoft will provide the participating companies with support at unprecedented scope and quality," Nir … Read more

Startup Secret 46: Beginner's mind at Personal Capital

"Don't let your experience be your enemy."

--Bill Harris, founder, Personal Capital

Bill Harris is the CEO of Personal Capital, an online money management service. Anyone can get his company's tracking and stats on existing financial accounts for free. But to step up to the company's full financial management services, there's a $100,000 buy-in.

Personal Capital is a freemium play with cajones.

(My original review, if you're interested: Mint for rich people. The new iPad app is coming out today. I tried it. It's very good.)

Bill has been CEO of … Read more

Startup Secret 45: Might as well go big

"It takes the same amount of time to run a small company as a big one."

--Shervin Pishevar, Managing Director, Menlo Ventures

This was just a little tip that Shervin let slip during a judging panel he was on at the Launch conference (stories). Later, Sky Dayton echoed the sentiment, talking about one of his early ventures running coffee shops in Santa Monica.

Sky watched Starbucks take off while he was running mom-and-pop cafes. He recognized that Starbucks chief Howard Schultz was probably not working much harder than he was, yet Starbucks was opening stores every day. … Read more

How to create a business in 48 hours

Businesses are hard to build and even harder to grow (just ask any successful entrepreneur), but they're easier to create than you might think. This is especially true if you have technical chops, access to a room full of investors, and a lot of caffeine.

I recently had the opportunity to be part of two hackathons--I was a judge for the Mobile App Olympics, a global mobile app competition, and the host of AngelHack, a bicoastal hackathon competition. Teams had one weekend to create a viable product that they had to present in front of a panel of investors, … Read more