“How much money does it take to get a startup off the ground?” Entrepreneurs and venture capitalists are faced with this question all the time, and the only right answer — it depends — is also the least satisfying. For any particular startup to succeed, it might take a lot of outside funding or very little. It’s contingent on the business a team is trying to build. Read More
The recent disdain in pursuing an IPO is misplaced. Most of the enduring companies that “make a dent in the universe” (to borrow from Steve Jobs) are public. In fact, the five most valuable companies in the U.S. as of this writing are all public tech companies: Amazon, Apple, Alphabet (Google), Facebook, and Microsoft. Read More
Starting this week, products from select vendors in six African countries are available on eBay’s U.S. shopping site. The collaboration starts in style, with opening merchandise categories of fashion, art, jewelry, and clothing. Read More
Going viral is central to technology and business today, but one of its most pernicious consequences should get more attention than it does: the virally contagious nature of unethical behavior. Given the risk of viral ethics, a key question for decision-makers is how to minimize the potential for — and mitigate the effects of — the contagion of unethical behavior in their… Read More
Even with advantages, can startups truly outsmart Alibaba and Amazon? The answer is yes, and the reason is the massive amount of growth that remains to be realized in e-commerce.
Amazon and Alibaba may be gobbling up the lion’s share of the two markets, but e-commerce still amounts to just 8% and 16% of the total ~$9 trillion retail market in the U.S. and China respectively. Read More
The first generation of gig economy contractors is essentially riding shotgun as an entirely new industry defines itself. While they enjoy flexibility and a convenient way to supplement a primary income, they also must act as guinea pigs uncovering the shortcomings of the industry’s support network. One issue in particular has become a clear gap for gig economy workers: taxes. Read More
You don’t need a fancy university degree to launch a startup and secure venture capital. But looking at the data on who gets funded, alumni affiliation sure seems to be a big contributing factor. Read More