Business Incubator Series: Art Boni, Donald H. Jones Center For Entrepreneurship, Carnegie Mellon University — Pittsburgh, Pennsylvania (Part 2)

By guest authors Irina Patterson and Praveen Karoshi

Art: Our business accelerator is wrapped in the academic program. The people who participate in it are either spending three months in the program between the first and the second years of their MBA program, or they do it after they graduate with an MBA when they are launching their company. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile — Santiago (Part 4)

By guest authors Irina Patterson and Candice Arnold

Irina: What entrepreneurs could expect to spend on living expenses while they stay in Chile?

Jean: That would depend on how you want to live. There’s an entrepreneur who lives in a normal apartment. He has a swimming pool on the top floor of the building. He’s probably paying $800 [a month]. You can live with less. You can live with more. On our site, we have that comparison of living expenses. Going out for dinner in a normal restaurant is about $20 per person. Renting an apartment would be between $600 and $800 for two people. >>>

Seed Capital From Angel Investors: AngelList Founder Naval Ravikant (Part 7)

Sramana Mitra: How are you viewing the other funding exchanges? I saw that CapLinked got funded.

Naval Ravikant: I don’t know if anybody uses it!

SM: Why did it get funded? And it got funded by people you know quite well, right? >>>

Seed Capital From Angel Investors: AngelList Founder Naval Ravikant (Part 6)

Sramana Mitra: What percentage of your entrepreneurs are first-time entrepreneurs?

Naval Ravikant: That’s a good question. Probably 80% or even 90%.

SM: On the investor side, I understand they are accredited investors. But then there are experienced angel investors, and then there are accredited but not very experienced investors, who are tantamount to dumb money, in my opinion. >>>

Business Incubator Series: Art Boni, Donald H. Jones Center For Entrepreneurship, Carnegie Mellon University — Pittsburgh, Pennsylvania (Part 1)

By guest authors Irina Patterson and Praveen Karoshi

I am talking to Art Boni, director of the Donald H. Jones Center for Entrepreneurship and professor of entrepreneurship at the Tepper School of Business at Carnegie Mellon University.

Carnegie Mellon was one of the pioneers in introducing entrepreneurship courses nearly 40 years ago, in 1972. According to the university, today its Don Jones Center of Entrepreneurship averages three new business spin-offs every year. And, Carnegie Mellon University, the center’s incubation partner, each year supports an average of 10 new business spin-offs. In addition, Google, Apple, Intel, Microsoft, and Disney are campus residents providing students with many opportunities for entrepreneurial collaboration. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile – Santiago (Part 3)

By guest authors Irina Patterson and Candice Arnold

Irina: Do you have any entrepreneurs from the U.S.?

Jean: We have people from Wisconsin, California, and Utah. We’re trying to attract the best entrepreneurs from around the world. We’re not only looking for high-tech entrepreneurs, we’re looking for any entrepreneur who can see an opportunity here in Chile. We’re looking for mining, agriculture – the possibilities are endless. >>>

Business Incubator Series: Jean Boudeguer, Start-Up Chile — Santiago (Part 2)

By guest authors Irina Patterson and Candice Arnold

Jean: We want the founders to start their businesses here, and then go global. There are some companies that want to send in a project manager. Other teams wanted to open branches in Chile. There’s another agency here in Chile that supports that. >>>

Seed Capital From Angel Investors: AngelList Founder Naval Ravikant (Part 5)

Naval Ravikant: There are a quite a few companies that still exist organically on the side, and we are trying to push more toward that. We want the entire system to be organic; I don’t want people emailing me and saying, Hey, would you email me out? That is not what we are trying to do here. We are trying to create an open, social community.

Craigslist is a very good analogy for what we want to do. The way Craigslist started was that people were moving into the area in 1995–1996; this was in San Francisco. And they needed a place to live, so they would say, Hey, I hear this Craig knows where you can find some roommates. >>>