Entrepreneurs

MOUNTAIN VIEW, Calif. -- The future for startup funding is "getting more unpredictable."

That's what Y Combinator founder Paul Graham said today, theorizing that because there are so many more young companies getting off the ground these days, venture capitalists may well have a much harder time predicting winners than in the past.

It makes sense. Startups can get going today for as little as a few hundred thousand dollars, so there are many more of them. "But the funnel at the top is the same," Graham said during the Y Combinator Demo Day. "… Read more

Less than a month after unveiling the Bing Fund, Microsoft's startup/accelerator incubation effort announced today the enrollment of its first two startups.

App development services provider Buddy and online games advertising service Pinion will get access to the software giant's technology assets and expertise, as well as its funding, the Bing Fund said today.

Buddy was founded by former Microsoft employees Dave McLauchlan and Jeff MacDuff. The Kirkland, Wash.-based company aims to reduce the amount of time mobile and Web app developers spend writing, testing, and managing server-side code. Bellevue, Wash.-based Pinion helps gaming communities … Read more

Never mind the slew of economic concerns -- hell, make that catastrophic concerns -- hanging over the world. Silicon Valley is riding high. And no venture firm is leading the charge harder than Andreessen Horowitz.

The company started three years ago this month by longtime business partners Marc Andreessen and Ben Horowitz (first Netscape, then LoudCloud and Opsware). They've since raised $2.7 billion and have backed 150 companies, including newly-public Facebook, Zynga and Groupon, as well as hot private companies such as Pinterest and AirBnb. Earlier this month, Andreessen Horowitz made a $100 million bet on GitHub, a … Read more

CAMBRIDGE, Mass. -- I'm at a crowded tech schmoozefest, and Tim Rowe, the pied piper of local startups, is giving me a serious talking-to about my blase attitude toward the local tech industry.

"I'd like you to think about what you're saying and look at the facts," Rowe says with growing intensity. "I think you're going to see your perception and the facts don't add up."

No startup culture? Look around here in the Cambridge Innovation Center in Kendall Square, ground zero for New England startups, Rowe says. There are about … Read more

Billionaire entrepreneur Mark Cuban is leading a round of seed funding in a new video startup called Switchcam that has technology that can be used to stitch together different videos of the same event so viewers can switch camera angles as they wish.

Other investors in the $1.2 million round, raised via AngelList, include Dave McClure's 500 Startups, Turner Media Camp, Vikas Gupta, Niket Desai, Reed Morse, David Beyer and Jeffrey Schox, Switchcam announced today.

It was 6 a.m. when Eric Simons was jolted awake by the yelling.

After working until 4 a.m, the 19-year-old entrepreneur had finally passed out. A few hours of sleep would help with the day ahead.

But unlike most people working at AOL's Palo Alto, Calif., campus who were surely still hours from showing up at the sprawling complex, Simons was already there. He'd been living there for two months, hiding out at night on couches, eating the company's food, and exercising and showering in its gym. And now, with an angry security guard bellowing … Read more

SAN FRANCISCO--If there's one thing that technology investors would like to have an easier time doing, it's poaching highly skilled engineering talent.

That much was clear at the AngelList Hackathon, an event held here today at the offices of AngelList, a company built around connecting early-stage startups with investors. But unlike many hackathons, during which entrepreneurs build new products meant for the world at large, these hackers were showing off new tools aimed solely at the large AngelList community of startups seeking funding.

In about 90 minutes, AngelList team members showed off 10 tools all meant to add … Read more

When it comes to courting investors, especially venture capitalists, for your startup, the recipe is simple: stop worrying and start focusing.

Most investors have a singular goal -- to fund a startup that eventually becomes a large, independent, defensible company. Finding an Evernote, Airbnb, or Instagram provides the kind of return that makes or breaks a venture capital firm.

But how do VCs find a company that is going to become big? It's not an easy task, but there are a few clues investors look for in order to determine your chance at hitting the jackpot. Here are a … Read more

SAN FRANCISCO--There's a whole lot of mobile startups these days, but how many of them are actually, you know, mobile?

A company called Needle is, and if you'd wandered near South Park here today, you would have seen its so-called Mobile Contact Center -- essentially a huge RV -- parked on the street with several employees working away inside.

Ostensibly based in Salt Lake City, Needle contracts with retail partners to provide them experts to chat with end users. The idea is that there's likely no one better suited to explaining a product, or answering questions about … Read more