Kristopher Craw

9 Flips | 1 Magazine | 1 Like | 2 Followers | @KristopherCraw | Backersphere CEO

Unicorn Hunting Is Not The Only Way To Make Money In Venture Capital

The U.S. venture industry has been fascinated by “Unicorns” (companies with a $1 billion exit or private valuation) in recent years. The term Unicorn, coined by Aileen Lee of Cowboy Ventures in a TechCrunch post three years ago, suggests a rare and magical thing. The current meme in the venture …

Chris Myers: Small Business, Startups and the Wisdom of Crowds

Chris Myers, co-founder and CEO of BodeTree: The idea that the collective wisdom of a large group could prove superior to the expertise of individuals is powerful. It has been proven out to a great degree by experiments both large and small. However, for the longest time I wondered about the …

Creativity, companies, and the wisdom of crowds

Economic growth, as we learned long ago from the works of economists like MIT’s Robert M. Solow, is largely driven by learning and innovation, not just saving and the accumulation of capital. Ultimately, economic progress depends on creativity. That is why fear of “secular stagnation” in today’s …

3 Things You Must Do to Make Your Crowdfunding Campaign a Success

Crowdfunding is not for the faint of heart. To give yourself the best chance, here's what the veterans suggest.<p>Crowdfunding your new product or idea sure beats dipping into your own pocket, and it's probably significantly less stressful than asking family members to invest. But ask anyone who has …

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Beyond profits: Millennials embrace investing for social good

Once she gets her MBA degree from UC Berkeley in May, Leigh Madeira's dream is to help find funding for young companies devoted to improving the lives of the world's poor.<p>That isn't quite what her family had in mind. When she told her 90-year-old grandfather about her plans, "He gave me this look," …