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Everybody loves a successful startup, but even the most successful startups generally overcome plenty of mistakes before they become successful. Unfortunately, for many young companies that don't win in the marketplace, failure is the product of fatal mistakes.
Like most things in life, mistakes aren't created equal, and when it comes to the mistakes that can really hurt a young startup, technology mistakes can be particularly pernicious.
Here are several of the biggest technology mistakes startups make and how they can be avoided.
Talk to startup founders around the world and you'll probably notice a pattern: US-based entrepreneurs, particularly those in Silicon Valley, consider fundraising a lot less of a problem than their counterparts in Europe.
Silicon Valley is the startup world's mecca, and it's no surprise that the world's most prominent VC firms call Sand Hill Road home. But European entrepreneurs looking for capital received some good news last week as Index Ventures announced a new €350m fund with a European focus.
The global economy may be on the brink of another downturn and Facebook's IPO has some suggesting that it's 'RIP Good Times' all over again, but Dell is betting that high-growth startups are going to need hardware regardless.
Yesterday, it announced a new financing program designed to encourage startups to select Dell products.
If you're avid reader of blogs like this one, chances are you can't go a day without hearing of a new startup that is seeking to revolutionize an industry, that just raised a round of funding, or that was acquired by a major company.
The global economic outlook may be uncertain, but startups are thriving. Or at least so it appears.
With Silicon Valley partying like it's 1999, it's no surprise that everyone wants to be entrepreneur.
Maybe you have a great idea for an app, or know precisely how to disrupt a big industry with a new cloud-based software offering. Unfortunately, if you weren't born writing Ruby on Rails applications and Python scripts, the only thing standing between you and a $1bn acquisition is having a real product.
And so it goes that Silicon Valley is filled with two groups of entrepreneurs today: the cool kids who have the chops to build stuff and the non-technical entrepreneurs who want to team up with them.
Yesterday, United States President Barack Obama signed into law the JOBS Act, which may be the most significant update to securities regulations since Sarbanes–Oxley was passed in 2002.
One portion of the new law, the CROWDFUND Act, has been creating a lot of buzz in Silicon Valley for months, as it will make it legal for startups the ability to raise money in small chunks from large numbers of non-accredited investors.
Non-accredited investors interested in investing in young companies and entrepreneurs hoping to use the internet to raise money for their startups are one step closer to their dreams today after the United States Senate passed the Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act, also known as the CROWDFUND Act.
The Act is the Senate's version of similar legislation that had already passed in the US House of Representatives and once reconciled, a final bill can be sent to president Barack Obama to be signed into law.
Crowdfunding may soon be a reality in the United States, giving entrepreneurs and would-be mom-and-pop startup investors reason for celebration.
And make no mistake about it: crowdfunding could be one of the most significant changes to hit the startup world in a long time, providing entrepreneurs with a much larger market in which to raise capital for their companies.
When you think of Silicon Valley, you're probably more likely to think of young entrepreneurs risking it all on ideas that can change the world.
That image of a Silicon Valley driven by young, ambitious individuals is, of course, only partly true. There's plenty of gray hair in Silicon Valley, particularly on Sand Hill Road and in the hallways of some of the Valley's most profitable companies, like Oracle, Cisco and HP.
When Facebook filed to go public earlier this week, you can be sure that the excitement in the halls of Facebook's offices was palpable. After all, the company's wild ride is going to make a lot of people very wealthy.
But the excitement around Facebook's IPO isn't just being felt amongst Facebook's employees. It's creating increased excitement for technology entrepreneurs, some of whom hope their startups could be the next Facebook.
Starting a new venture is tough, but entrepreneurs are often less likely to complain. After all, to succeed, you have to be positive, right?
Following the death of Diaspora co-founder Ilya Zhitomirskiy, some are questioning whether those sorts of beliefs are dangerous, and a perhaps much-needed discussion is taking place about depression amongst entrepreneurs.
The boom times of the past several years may create the impression that just about every startup with half a business plan can get funding, but the truth of the matter is that many startups desiring to raise capital from investors are unable to.
There are plenty of reasons for this. Some startups, for instance, realistically don't have what it takes to convince investors that they're viable investments.
For many if not most of these startups, founders, family and friends simply can't pony up enough cash.