Startups

When’s the Right Time to Join a Startup?

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Imagine for a moment that you’re among the most fortunate people in the world: Four promising startups have offered you a job, each company at a different stage of its evolution. You have to choose one as the next step in your career path. But, which one? The Companies: Company 1’s founder has money from friends and family, and a good idea. You aren’t being brought in as a co-founder, but as employee No. 2 you can play a major… continue…

Why CES Is a Bad Scene for Startups

Posted In Cloud
Fear and Loathing in Las Vegas. continue…

Most Tech Startups Don’t Raise Big Money Before Exits

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In what’s bound to be come as a surprise to many startups, 76 percent of tech companies acquired in 2012 made their exits without raising institutional investment, according to a report from the venture capital database CB Insights. During the year, 2,277 private tech companies were bought out for a total disclosed value of $46.8 billion. (The value of some deals wasn’t reported.) Eight of those were purchased for more than $1 billion, six in the U.S. But the big… continue…

The ABCs of Stock Options at Early Stage Companies

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It’s not uncommon for early stage tech companies to pony up stock options to lure key employees on board. For a new business without a lot of cash available, it makes sense to offer options in lieu of hefty paychecks. From the company’s vantage point, employee options encourage people to work hard and feel like they’re “a part” of the business. But for employees, the considerations are much different. Given the demand for talented development people, the lure of stock… continue…

How Snapchat and Instagram Could Doom Startups

Posted In Cloud
For many startups, it should always be a good time to sell. continue…

Fab Gives Pink Slips to 81 More

Posted In Looking in Tech
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E-commerce startup Fab has confirmed giving the ax to 81 employees — 73 full-timers and eight temps. AllThingsD reports the casualties include Chief Product Officer David Paltiel as well as other executives. It says Devin Flaherty, the company’s head of user experience, resigned. Chief Operating Officer Beth Ferreira is leaving as well. None of these executives were mentioned by CEO Jason Goldberg in his memo, published on Valleywag, on “refounding” the company. Goldberg said of the streamlining going on: This… continue…

Small Startups Better Bet for Women Engineers

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For companies whose workforce includes more than 100 engineers, the proportion of women on engineering teams falls far below the national average of 25 percent, according to data from Pinterest engineer Tracy Chou. But when it comes to startups with up to seven engineers, the prospect for women vastly improves. At those companies, they comprise at least 50 percent of the engineering team. What Gives? Some of the big companies with a smaller proportion of women engineers may surprise you:… continue…

Affordable Care Act a Shot in the Arm for Startups

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Whatever controversy goes with the Affordable Care Act, a number of startups are hoping to cash in by offering software tools and services that would ease the process of selecting and managing healthcare providers and insurance exchanges. One of them — Benefitter Insurance Solutions, a San Francisco-based startup that developed tools for employers to navigate healthcare reform – believes it’s easier to launch a company when a “tidal wave of change is occurring,” CEO Brian Poger told USA Today. Another… continue…

How You Can Manage Without Managers

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Are companies better off without managers? Your first reaction is probably, “Yes!” But in a lot of cases, there may be more than anti-management frustration to your answer than you think. Indeed, IT teams – especially startups – may be ripe for the innovative approach of managing without managers, a move that could straighten even Dilbert’s tie. According to Michele Zanini, managing director of McKinsey’s Management Lab in Boston, an IT workforce could work well under a leaderless system. Typically,… continue…

Chinese Investors Eye U.S. Startups

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Over the past eight years, U.S.-based venture firms have set up shop in China to invest in startups serving its massive emerging market. But now, dollars are making a return trip across the Pacific as Chinese investors make investments in Silicon Valley startups, according to The Wall Street Journal. Tencent Holdings, for example, is angling to be lead investor of a $200 million round for the now-you-see-it, now-you-don’t messaging app Snapchat. Last month, China’s high-profile Alibaba Group Holdings led a… continue…