Jay Miletsky of the NY video startup MyPod Studios is just one of the growing number of startup founders who are starting to limit Venture Capital and other investments. Miletsky said that he has limited the combined amount that investors can contribute to 15% so that he does not have to follow [Full Story…]
BI Lists NY’s Top Early Stage Investors
July 3, 2012 at 8:11 am
The NY Angel 100 is the first installment of an annual guide to the best early-stage funders in NY, published on Business Insider. The list includes both angels and Venture Capital firms as well as investors. Some of the people mentioned on the list include: Alex Ohanion- Y [Full Story…]
AOL’s Plans for Patch Stirs Investor Unrest
May 24, 2012 at 8:11 am
AOL's hyperlocal news platform Patch has stirred discontent from investors and internal employees alike. According to The Wall Street Journal, investor Starboard Value LP is vying for Patch to either be shut down, sold or placed in a joint venture. Patch's loss in 2011 amounted to $100 million [Full Story…]
TechStars Announces New $24 Million Fund
September 22, 2011 at 9:19 am
Tech startup incubator TechStars, which runs one of its programs in NY, has announced a new fund of over $24 million. According to Digital Media Wire, "the funding will be used to offer a $100,000 convertible debt note to every company it accepts,"with the money coming from various VC [Full Story…]
Foursquare More Interesting Because it’s Based in NYC
July 15, 2010 at 4:00 pm
What makes NYC a good place for start-ups is certainly not the cheap office space, Foursquare's Dennis Crowley joked in a Mediabistro video. However, the city's high density makes it the perfect place to test out emerging technologies that overlap with social media and location. Crowley [Full Story…]
Foodie Deal Site InBundles Launches in NYC
June 23, 2010 at 11:52 am
NYConvergence ORIGINALBy: Esther SurdenFormer Food Network producer Danny Lyu launched last week his restaurant deal website aimed at foodies, called InBundles, and already has emailed his followers great deals for places like The Orchard restaurant, the Italian-inspired eatery by chef-owner John [Full Story…]
Technology Transfer is Topic of Conn. June 2 Event
May 28, 2010 at 1:30 pm
An event called "Leveraging University Assets for Industry and Entrepreneurs" will take place 4:30 PM Wed. June 2, at the University of Connecticut Health Center, Farmington. The conference, hosted by the Conn. Venture Group, Conn. Technology Council and the State office of Technology [Full Story…]
NY Start-up Environment Could Use Some Improvement
May 24, 2010 at 7:11 am
Reviewing the NYC start-up environment, blogger Mike Katz says that in terms of investors, NY has a plethora of seed funds, micro venture capitalists and wealthy individuals to financially help companies in their embryonic stages. The Center for an Urban Future says angel investors and associates [Full Story…]
NY Execs, VCs Must Encourage Student Entrepreneurs
May 16, 2010 at 11:00 am
NYC needs a grass-roots effort on the part of local venture investors and successful start-up execs to get into the classrooms and onto campus to re-orient students away from the money culture and towards the building culture, Roger Ehrenberg, managing partner of venture capital firm IA Venture [Full Story…]
VC Wilson Thinks Net Neutrality is Good for Business
May 14, 2010 at 4:30 pm
Saying net neutrality is good for business, Fred Wilson, Managing Partner of venture capital firms Flatiron Partners and Union Square Ventures said he supported the government's light weight regulatory framework as proposed. "Without these rules, investors like me who invest in "open [Full Story…]
Mobile Ad Network Mojiva Raises $7 Million
May 1, 2010 at 12:00 pm
NY-based Mojiva raised $7 million in a round of funding led by UV Partners. Previous investors, including Bertelsmann Digital Media Investments also participated in the round. Mojiva, a mobile ad network and analytics platform, launched in 2008 and currently has more than 41 million unique monthly [Full Story…]
“15 Seconds” Needed to Pitch VCs at NYC Conference
April 17, 2010 at 12:00 pm
This week, many first time entrepreneurs and startup companies converged in Soho for New York Entrepreneur Week, where they had the chance to meet and pitch investors from VC firms like New York based RRE Ventures, which specializes in funding tech companies. According to an interview [Full Story…]
Dixon: Valley Provides Lessons for NYC VCs
March 2, 2010 at 10:21 am
In an article on the Business Insider, Hunch cofounder and investor in early-stage technology companies Chris Dixon encourages NYC tech startup investors to follow in the footsteps of their colleagues in Silicon Valley, who are "making big bets on ambitious, seemingly wacky [Full Story…]
Study Finds CT Tech Investment Firm Pays Off
February 1, 2010 at 7:16 am
A study conducted by the Connecticut Department of Economic and Community Development has revealed that Connecticut Innovations, a somewhat public technology investment company that was created more than 20 years ago by lawmakers, has been beneficial for the State's economy. The study analyzed [Full Story…]
Kickstarter Unites Good Ideas with Cash Online
August 25, 2009 at 11:00 am
Brooklyn-based startup Kickstarter allows artists and inventors to seek out financing for their projects through an online exchange with interested patrons. Rather than simply making donations towards ideas, contributors get various returns for their investments. The online interaction also provides [Full Story…]
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