Posts Tagged “vc”

FOHO: Fear of Helping out in the Philly tech scene

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FOHO: Fear of Helping out in the Philly tech scene

In Silicon Valley there is a popular term called FOMO (Fear of Missing out), meaning investors throw money at as many tech startups as they can because they’re afraid to miss the next Uber or Facebook. If only that were the case here in Philadelphia. Instead we have quite the opposite.  I am coining a…

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Why Investors are Getting it all Wrong When it Comes to Tech Startups

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Why Investors are Getting it all Wrong When it Comes to Tech Startups

Every single day, I receive an email from a tech company who is trying to sell a service to me. Whether accounting, legal, PR, analytics, recruiting, you name it, the emails come pouring in on a daily basis.  After doing some research, I noticed most of the companies either recently were funded in the millions…

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Why Tech Startups Shouldn’t Focus on Money

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Why Tech Startups Shouldn’t Focus on Money

I’ve been running companies since the late 90’s. At one point in my music entertainment company, I had to manage literally hundreds of employees nationwide. Nowadays, I only have to manage anywhere between 10 and 20 employees. The first thing people say to me when they hear I have to manage so many employees is,…

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Why Raising Money for Your Tech Startup Is a Waste of Time

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Why Raising Money for Your Tech Startup Is a Waste of Time

Unless you live in California, New York, or another city full of investors, raising money can be a daunting challenge. Pitching to investors isn’t just standing in a room with a PowerPoint for 10 minutes explaining what your company does. It’s so much more. Yes you have to spend a lot of time creating the…

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What the Future Holds for the Philadelphia Technology Ecosystem

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What the Future Holds for the Philadelphia Technology Ecosystem

If you live in Philadelphia or if you move to Philadelphia and you start a new company, you’ll notice there are plenty of networking events that you can go to. During these events you’ll meet lots of wonderful people, smart people, passionate people, and you’ll hear a lot about the “tight-knit, tech community in Philadelphia”….

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Tech Startup Vocabulary 101 For Real

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Tech Startup Vocabulary 101 For Real

TechCrunch posted an article two days ago called How To Speak Startup. It seems as if a lot of people were counting on the article to have actual answers to what these terms mean in the world of tech startups. Well since I am an active CEO in a tech startup, and I use these…

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What it’s like to Raise Money from Philadelphia Investors

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What it’s like to Raise Money from Philadelphia Investors

Let me start off by saying I love Philadelphia. I was born and raised in this unique city and have spent the better part of my years here. I also spend a lot of my free time volunteering my skills to the tech community to help spread awareness for countless startups. This includes filming events,…

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Seed Round Limbo: Why Getting a Signed Term Sheet Isn’t the Hardest Part

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Seed Round Limbo: Why Getting a Signed Term Sheet Isn’t the Hardest Part

I can’t tell you how many times I’ve been told that the hardest part about raising money is convincing a lead investor to give you a term sheet (and sign it). Ironically, it’s usually an investor who tells me this. Well I’d love to go back to all of those investors and tell them “Look,…

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Recap: Early Stage East Venture Wars Pitches at Morgan Lewis

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Recap: Early Stage East Venture Wars Pitches at Morgan Lewis

Entrepreneurs from the region gathered together this Tuesday, September 16th to pitch their companies for guidance and coaching in front of Steve Bowmanthe “Pitch doctor” from Biz Clarity. Leading the event was VC David Freschman, managing principal of Innovation Capital Advisors. “These twelve companies are the cream of the crop when it comes early stage…

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