Stats show startups spend a chunk of their seed funding on legal fees (infographic)
New statistics from Silicon Valley’s top law firms show that new startups spend around $80,000 on legal costs.
AttorneyFee, a website that compares lawyer’s fees, pulled recent numbers from Silicon Valley’s most prominent law firms. The digits reveal the average amount of money startups spend on legal fees, the annual increase in new businesses, and an boom in law firms’ digital presence.
Startups usually face several legal hurdles in the early phases of creating their … Continue Reading
China's tech gurus pick hottest early-stage startups
The Great Wall Club is an exclusive club made up of Chinese internet and technology CEOs. At its annual Global Mobile Internet Conference in Beijing, China today, the club named the winners of its G-Start Up competition, in which some 20 seed and early-stage startups delivered 5 t0 6-minute pitches in the hopes of snagging a spot in an incubator program.
Up for grabs were four months of incubation and funding at Chinaccelerator in Liaoning, … Continue Reading
3 tips every entrepreneur should know
(Editor’s note: Doug Collom is vice dean and an adjunct lecturer on venture capital and entrepreneurship for Wharton|San Francisco. He submitted this story to VentureBeat.)
Starting companies is hard. And it’s critical to make sure that your venture is pointing in the right direction from the moment it leaves the launch pad. Any misdirection or miscue on the basic organizational steps can be fatal.
It’s a lot like launching a rocket aimed at the … Continue Reading
7 more critical questions for emerging entrepreneurs
(Editor’s note: Patrick Driessen is the CEO of Seed Accelerator, an Asian-Pacific technology startup & business accelerator. He submitted this story to VentureBeat.)
Having spent more than 20 years as an entrepreneur, I’ve seen a lot of theories, philosophies and truisms come and go. Success in the startup world starts long before your company is underway, though. It begins when you’re making the decision on whether the entrepreneurial life is for you.
Last week, I … Continue Reading
8 critical questions for emerging entrepreneurs
(Editor’s note: Patrick Driessen is the CEO of Seed Accelerator, an Asian-Pacific technology startup & business accelerator. He submitted this story to VentureBeat.)
Having started, run and lead various companies since I was 15 years old, I’ve learned a few things about being an entrepreneur – often the hard way. I’ve had successes, failures and massive failures, but each taught me something valuable.
While a lot has been written previously about the key qualities of … Continue Reading
50 Three-word phrases that can make your start-up a success
(Editor’s note: Patrick Driessen is the CEO of Seed Accelerator, an Asian-Pacific technology startup & business accelerator. He submitted this story to VentureBeat.)
Having started, run and lead various companies since I was 15 years old, I’ve learned a few things about being an entrepreneur – often the hard way. I’ve had successes, failures and massive failures, but each taught me something valuable.
While a lot has been written previously about the key qualities of … Continue Reading
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