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10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

But people are still begging for more technology or laws, often to protect them from themselves. In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted. Deposit required to hold your terms.

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6 Reasons Technical Expertise Does Not Make A Startup

Startup Professionals Musings

Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education. Hence most fail. Perhaps an innate business savvy is no longer a requirement for starting a successful business.

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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Then pursue the people and education you need to build a winning business. In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. Start today building a bigger network. Chasing and capitalizing on luck brings resilience.

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Local Roots Shows Off Mobile, Indoor Farming Technology

socalTECH

Los Angeles-based Local Roots Farms , a startup located at the Los Angeles Cleantech Incubator (LACI), says it is showing off a traveling, indoor farm at SXSW, which showcases its hydroponic technology. Local Roots says it is developing technology for its "TerraFarms" to help encourage high quality, locally-grown produce.

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Study: 17% of Tech Workers Are High on the Job

Tech.Co

Nearly 17 percent of tech workers admit to being under the influence of marijuana while at work at some point in their careers, according to a new study. Here’s a look at the phenomenon, along with a few educated guesses as to the reasons behind the the growth of the stoned working class. What Does It All Say About Tech Culture?

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Zovio Boosts Hiring In San Diego

socalTECH

Chandler, Arizona-based Zovio , a provider of education technology services, says it plans to boost hiring in San Diego, as well as in Chandler, Arizona and Denver, Colorado, as a result of soaring unemployment due to the coronavirus pandemic.

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8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. The cost of any new product these days must include education and rollout marketing, perhaps equal or greater than the development costs. Incent these early.

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