Startup Lesson: Talk to Customers Before Building Anything

In our One Million by One Million (1M/1M) global virtual incubator, we always advise entrepreneurs to talk to customers before building anything. We ask them to do as much research as possible. Some listen, some don’t. Gülin Yilmaz has listened. She is a classic example of the tenets that it pays to talk to customers,

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Thought Leaders in Big Data: Derek Rodner, Vice President of Product Strategy, Agilence (Part 5)

Sramana Mitra: And what is happening in the financial sector? Derek Rodner: That was the third sector I was thinking about. So again, the three are genomics, meteorology, and finance. Dealing with global markets, dealing with statistical analysis, the intern space, which is a part of finance – all of those areas are definitely big

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January 17: Entrepreneurs Pitch To Win At The 1M/1M New Year Challenge 2013 Finals II

Join us as the remaining 10 finalists for the 1M/1M New Year Challenge pitch their businesses to win scholarships to the 1M/1M online mentoring program on Thursday, January 17, 2013, starting at 8 a.m. PST. You can register to attend here, it’s free. We hope to you can join us!

Series A Crunch: Revenue vs. Equity

Do you understand the impact of infusing cash into your business? You do, right?

1Mby1M Incubation Radar 2012: Car Rental Bookers, Greece

Using the Internet to book services such as car rentals is now routine for many drivers and travelers. Internet booking capabilities, however, exist almost solely for global operators and franchises. Barriers to entry for SMBs include the high cost of development and the need to cover a minimum territory before entering into a global distribution

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Building a Made-in-India ERP Product Company: Ramco CEO Virender Aggarwal (Part 5)

Sramana: Do you have value added reseller and system integrator channels active or do you do those service yourselves? Virender Aggarwal: In the past two months we have appointed 15 partners in the US. I don’t think any partner in the US is capable of doing any of the customization work on their own. In

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Catching Up On Readings: Remembering Aaron Swartz

Aaron Swartz, an Internet activist, committed suicide Friday at age 26. Among many of this weekend’s articles on Aaron, his life and his work, are a New York Times obituary and this tribute from Wired. Click on the paragraph link for the rest of this week’s posts.

Thought Leaders in Big Data: Derek Rodner, Vice President of Product Strategy, Agilence (Part 4)

Sramana Mitra: You are primarily involved in the retail space, but what other industries are potentially big adapters of big data in regards to video analytics? Derek Rodner: Any public sector area. I am talking about airports, train stations, subway stations, and so on. [Governments are actually using this] now in city and state parks.

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