Obama's Legacy for Startups

“[I]t has been the risk-takers, the doers, the makers of things—some celebrated, but more often men and women obscure in their labor—who have carried us up the long rugged path towards prosperity and freedom.”_ – President Obama, Inaugural Address, January 21, 2009

As the 44th President of the United States bid farewell to the nation in his final public address this week, we couldn’t help but get a little nostalgic as we recalled everything this administration has done over the past 8 years to prioritize entrepreneurship and support startups in this country, and around the globe.

Thinking about applying to an accelerator?

This post originally appeared on VentureBurn

If you were starting a business 20 years ago, you’d typically spend most of your time running around town searching for customers, investors, and mentors. In a single day, you might only have time for one meeting with a customer and another with an investor. If you were lucky, you could squeeze in a meeting with a mentor. Carving out time to work on your actual product generally meant sacrificing sleep.

It Really Is All About The Founder

This post originally appeared on Medium

It’s All About World Domination

It’s pretty easy for a startup’s goal in life to be “world domination”. You hear it in pitches all the time.

How many founders do you know who have said: “Once we get all of the customers in this segment, we’ll be a billion-dollar company.”

It’s a trap that many startups fall into. They believe that if they get every customer they will be okay. They will survive. They will get an exit. They will have reached the pinnacle of their existence.

Is Crowdfunding Right for You?

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Crowdfunding is hardly a new avenue to raise capital. In 1884, the funds had run out to complete the Statue of Liberty(1), but through a successful campaign run by Joseph Pulitzer, 160,000 people donated $100,000 to complete it (do the math on that one). Now with over 450 platforms and billions of dollars being raised every year through crowdfunding, there are many implications for startups exploring its use. Based on our recent GAN Founders call, here are 4 things founders should know about crowdfunding: