A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses, including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to become successful and influential.
Venture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology.
Matthew Charles Mullenweg is an American entrepreneur and web developer living in Houston. He is known for developing and founding the free and open-source web software WordPress, and its parent company Automattic.
Brent Shawzin Hoberman is a British entrepreneur and investor. During the dot-com boom, he co-founded lastminute.com with Martha Lane Fox in 1998, where he was CEO from its inception, before selling the business to Sabre in 2005 for $1.1bn.
Jason McCabe Calacanis is an American Internet entrepreneur, angel investor, author and podcaster.
Brian Alvey is an American serial entrepreneur, programmer, designer and blogger. He grew up in Brooklyn and now lives in San Francisco where he is the CEO of Clipisode. He is best known for co-founding the blog publishing company Weblogs, Inc. with Jason Calacanis.
An angel investor is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible debt or ownership equity. Angel investors often provide support to startups at a very early stage, once or in a consecutive manner, and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital and provide advice to their portfolio companies. The number of angel investors has greatly increased since the mid-20th century.
Techstars is a pre-seed investor that provides access to capital, mentorship, and other support for early-stage entrepreneurs. It was founded in 2006 in Boulder, Colorado. As of May 2022, the company had accepted over 2,900 companies into its accelerator programs with a combined market capitalization of $71bn USD. Techstars operates accelerator programs in North America, Europe, the Middle East, and Africa.
Kamran Pourzanjani is an entrepreneur and an early angel investor based in Los Angeles, California. He co-founded and was formerly the CEO of PriceGrabber, a comparison shopping site started in 1999 with less than $1.5 million in angel funding. In October 2006 a Forrester Research independent survey recognized PriceGrabber as the most popular comparison shopping site among active web shoppers. PriceGrabber was acquired by Experian in December 2005 for an enterprise value of $485 million.
David Semel Rose is an American serial entrepreneur and angel investor. He is an investor in startup technology companies and founder of New York Angels, an early-stage technology investment group. He is Managing Partner of Rose Tech Ventures, a venture fund focused on Internet-based business, and CEO of Gust, which operates a collaboration platform for early stage angel investing.
David Cohen is a serial entrepreneur and the founder of Pinpoint Technologies, iContact.com, and Earfeeder. He is also an angel investor with a portfolio of more than 100 companies. Cohen is best known as the co-founder of Techstars, a mentorship-based startup accelerator.
AngelList is a U.S. website for fundraising and connecting startups, angel investors, and limited partners. Founded in 2010, it started as an online introduction board for tech startups that needed seed funding. Since 2015, the site allows startups to raise money from angel investors free of charge. Created by serial entrepreneur Naval Ravikant and Babak Nivi in 2010, Avlok Kohli has been leading AngelList as its CEO since 2019.
Angels Den is the Europe's first and largest online investment platform that connects businesses with angel investors. It was founded in 2013 and is authorised by the Financial Conduct Authority (FCA).
Naval Ravikant is an Indian-American entrepreneur and investor. He is the co-founder, chairman and former CEO of AngelList. He has invested early-stage in over 200 companies including Uber, FourSquare, Twitter, Wish.com, Poshmark, Postmates, Thumbtack, Notion, SnapLogic, Opendoor, Clubhouse, Stack Overflow, Bolt, OpenDNS, Yammer, and Clearview AI, with over 70 total exits and more than 10 Unicorn companies.
The Founder Institute is an American business incubator, entrepreneur training and startup launch program that was founded in Palo Alto, California in 2009. Although based in Silicon Valley, The Founder Institute maintains chapters in over 180 cities and more than 65 nations. It offers a four-month part-time program for new and early-stage entrepreneurs that helps them develop their business ideas and form a company. Among the key requirements for graduation is the creation of a fully operational company by the end of the four-month program. As of 2018, over 3,500 companies had been created from the program, which raised over $800M funding in total.
TiE Silicon Valley is the largest and founding chapter of the TiE brand, a non-profit organization dedicated to fostering entrepreneurship. The chapter provides technology entrepreneurs with mentoring services, networking opportunities, startup-related education, funding, and incubating.
Evan Beard is an American entrepreneur, engineer, and co-founder with Ashton Kutcher of the media company A Plus (aplus.com). A Plus ranks among the largest websites in the US, with 30 to 50 million monthly unique visitors, and six months after launch was the fastest growing website in comScore's Mobile Metrix database. Beard has been recognized on the Forbes "30 under 30" list which features the "brightest young entrepreneurs, breakout talents and change agents" and Business Insider's list of the "most inspiring and influential people in New York tech". Prior to A Plus, Beard co-founded Etacts and ArmorHub, both acquired by publicly traded companies.
Keiretsu Forum, which was founded in 2000 by Randy Williams, is a private group of international members comprising an angel investor network. The network has 53 chapters in cities such as San Francisco California, Seattle Washington, New York City, Paris France, Istanbul Turkey, and Chennai in India.
Samer Karam is a Lebanese entrepreneur, investor, author, and activist. He founded Seeqnce, the first startup accelerator in Lebanon, created the Accelerate conference, and has had a leading role in building Lebanon's startup ecosystem and promoting, advising, mentoring, and investing in startup ecosystems across the world. World renowned tech journalist Monty Munford said Karam is "probably the most influential tech person across the Middle East North Africa (MENA) region."
Entrepreneurs Roundtable Accelerator is an American seed accelerator launched in January 2011.
