1M/1M Video: Mentoring or Consulting?

The Other 99% (Entrepreneurs)

In my recent piece Reengineering Capitalism I highlighted a phenomenon that the global entrepreneurship ecosystem is paying very little attention to: Over 99% of entrepreneurs who seek funding get rejected. Yet, the entire world is focused on the 1% that is “fundable.”

The media, when pitched a startup story, is interested in who funded the venture. They seldom ask how much revenue the company has or if it is profitable.

Incubators take pride in how exclusive they are and how many “deals” they “reject.”

Angels and VCs, of course, discard most of their “deal flow.”

And entrepreneurs? They seem to have confused the definition of entrepreneurship altogether. Entrepreneurship, they mistakenly believe, equals financing!

This is wrong.
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1M/1M Video: When Is The Right Time To Join 1M/1M?

1M/1M Video: Why Does 1M/1M Work With Local Organizations?

1M/1M Video: YCombinator vs. 1M/1M

Note: YC has recently (April 2014) announced that they will put 120k for 7% of equity. This is a much better deal for entrepreneurs. However, YC is evolving into a seed fund. More analysis: YCombinator’s Further Evolution into a Seed Fund.

1M/1M Video: Democratizing Entrepreneurship Education

1M/1M Video: Dan Stewart’s Story

1M/1M Video: Vikrant Mathur’s Story