There has been a bit of action for a while now in the crowdfunding world, and certain startups have been able to get themselves off the ground using the Kickstarter / Indiegogo style sites. By and large, these types of financings have gone to companies that are building physical products, digital games, etc. Fundings have
SM: Let’s switch to entrepreneurial opportunities. Give me some ideas about interesting collaboration applications that are open areas that could be interesting businesses to build today, given today’s landscape. CL: Sure. I there’s still a lot of opportunities around better unification of the user experience, especially as it relates to data conferencing and Web conferencing.
By guest authors Irina Patterson and Candice Arnold Irina: Would you talk more about warrants? Chris: The concept here is that, if we think one of the companies – or two of the companies – has a lot of promise, we could put an additional $250,000 into that company and really help move them into
By guest authors Irina Patterson and Candice Arnold Irina: Do you compensate mentors who come in to help your entrepreneurs? Chris: They’re all volunteers. Irina: What are your metrics of success at LaunchBox? Chris: There’re two measuring sticks today. The ultimate measuring stick, as a venture fund, is a return on investment to our investors.