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Tapping The Power Of The Crowd For Ideas, Advice and Funding, with JumpStartFund

socalTECH

Can tapping the power of the crowd not only help you find customers and help fund your project, but also help you shape your startup idea and find funding? A new, Los Angeles area startup, JumpStartFund (www.jumpstartfund.com) recently launched, offering up a combination of crowdfunding and crowd-advice for entrepreneurial ideas.

Ideas 178
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5 Keys To An Unbeatable Solution For Your New Startup

Startup Professionals Musings

I’m convinced that this “me too” or incremental thinking is one of the key reasons that ninety percent of new startups fail, and most of the investors I know won’t sign non-disclosure forms, since they claim to hear the same startup ideas over and over again. Collaborate with experts and people with experience.

Startup 162
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Decoding Signal From Noise For Wall Street, With Bitvore

socalTECH

Our system will go off and watch those things for you, trend them over time, do statistical analysis on them, or you can use it as a very advanced news gathering system, which is what we''re doing with it today for Wall Street. Jeff Curie: I''ve been a startup guy here in Orange County for a long time. Why did you start in that market?

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Imitation With Innovation Reduces Risk in Startups

Startup Professionals Musings

If you are an entrepreneur starting a business for the first time, I recommend that you find a product concept that is already accepted and improve on it, rather than tackling that ultimate disruptive technology. It seems to me that in the startup world, imitation gets a bad rap. Of course, the first one gets the patent.

Startup 91
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10 Common Startup Flaws Leading To An Early Demise

Startup Professionals Musings

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Statistics show that the failure rate for new startups within the first 5 years is higher than 50 percent.

Startup 100
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Innovation to an Existing Business Can Limit Risk

Startup Professionals Musings

If you are an entrepreneur starting a business for the first time, I recommend that you find a product concept that is already accepted and improve on it, rather than tackling that ultimate disruptive technology. It seems to me that in the startup world, imitation gets a bad rap. Of course, the first one gets the patent.

Patents 84
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Join The Unicorn Club Of Billion-Dollar Companies

Startup Professionals Musings

Based on some good estimates of how many new ventures have been started in the last five years, the statistical odds of any individual startup making it to this level are less than one in a million. When top tier investors compete for a piece of the action, the price can go up exponentially.

Companies 100