Entrepreneurship

Logistics startup Turvo zooms out of stealth with $25 million in Series A funding

Turvo, a two-year-old, Sunnyvale, Ca.-based company, is emerging today with an idea so ambitious that investors have provided it with $25 million in Series A funding to chase it.<p>What it wants to do: connect people looking to have things shipped, which doesn’t sound so unlike what a lot of both …

Startups

This Entrepreneur Started and Sold 3 Companies: Here's What He Wished He Knew Earlier

Hindsight is 20/20, and this entrepreneur shares what would've been helpful to know earlier on in his journey.<p><i>Editor's note: We asked noted entrepreneurs to reflect on what they wish they'd known starting out and to put it in a letter to their younger selves. Logan Chierotti started and sold three</i> …

Success

Wrench raises $4 million to bring auto repairs to your door

A Seattle startup called Wrench has raised $4 million in Series A funding for an app that sends certified auto mechanics to the customer’s door. The round was led by Madrona Venture Group, according to Wrench CEO and co-founder Ed Petersen.<p>In general, people dread cars repairs. According to a AAA …

Startups

This Australian Startup Is The Uber For Freelancers

Talent shortage is a pain point felt by all organizations in developed countries. But the emergence of the sharing economy and freelance marketplaces has promoted the feasibility of borderless talent sharing.<p>It is now possible for people to connect to a pool of talented people with no location …

Startups

5 Conferences in 2017 Every Entrepreneur Must Attend

Network and grow your skills at the same time at these influential events.<p>When asked what it takes to be successful, you’ll often hear people say, “It’s all about who you know.” In my experience, it’s about a lot more than that, but knowing the right people <i>can</i> be a huge help. From my early mentors …

Networking

Dutch grocery delivery startup Picnic picks up historic €100mm funding round after only 1.5 years

After just 1.5 years in existence, Dutch grocery delivery startup Picnic has nabbed a historically large Series B funding round to roll out their service to the whole of the Netherlands.<p>The 100 million euro round came from four Dutch family funds, NPM Capital, De Hoge Dennen, Hoyberg, and Finci, …

Startups

Yep, more later-stage companies are taking on venture debt

Venture debt has been much in the news lately. Earlier this month, for example, we learned that ModCloth, an online company that sells vintage women’s apparel, is being acquired by Jet.com for less than investors poured into the company — largely because ModCloth was tripped up by unsecured bank …

Venture Capital

Tech startup Yext prices its IPO at $8 to $10 a share

Yext, a tech startup that helps firms manage their listings on directory sites like Yelp, Apple's Siri, Facebook, Google Maps, and Foursquare, is pricing its forthcoming IPO at between $8 and $10 a share.<p>The company's updated S-1 filing states that it plans to sell 10.5 million shares of its common …

Startups

All Successful Startups Rely on This to Get the Word Out

<i>At MyDomaine, we know how challenging it is to turn your passion into a thriving business. Making that leap of faith takes courage and confidence,</i> …

Women Entrepreneurs

Donald Trump Meets With Female Business Owners, Looks Miserable in Photo

Sean Spicer tweeted a photo of the meeting.<p>On Monday morning, Donald Trump and Mike Pence hosted a roundtable with a group of female small business owners at the White House. Press Secretary Sean Spicer tweeted a photo of the discussion, which featured Trump, Pence, Ivanka Trump, and the small …

Women Entrepreneurs

Pitching Your Story to an Editor? Avoid These 3 Phrases.

Send a pitch that editors will actually read.<p>This story appears in the April 2017 issue of <i>Entrepreneur</i>. Subscribe »<p>At a conference recently, a group of entrepreneurs asked me how to get an editor’s attention by email. They wanted coverage for their business, and, in true entrepreneurial style, they …

Publishing

How taking the wrong funding will kill your business — an interview with Infusionsoft CEO Clate Mask

Small businesses, as the saying goes, need all of the help they can get these days. Clate Mask, CEO and cofounder at Infusionsoft, is one who helps small businesses and lends a hand. Mask is a visionary leader who took Infusionsoft from a struggling startup to an eight-time <i>Inc</i>. 500/5000 winner. …

Business

Chess legend Garry Kasparov is coming to Disrupt NY

Garry Kasparov is widely considered the greatest chess player in history, but it was his historic match against IBM’s Deep Blue that cemented him as a household name. His loss became emblematic of humanity’s changing relationship with machines, computers and information — especially artificial …

Startups

A Question About Risk That Founders Forget to Ask VCs

Here’s a question I recommend founders ask Seed or Series A VCs during their fundraising: “What’s a risk you’re more comfortable with than the …

Venture Capital

Here’s Why Entrepreneurs Have So Many Mental Breakdowns

<i>The Entrepreneur Insiders network is an online community where the most thoughtful and influential people in America’s startup scene contribute</i> …

Business Strategy

Industrious Buys Office-Sharing Startup PivotDesk, Raises $25M For Expansion

The CEO of one of WeWork’s biggest co-working competitors is betting big that the future of office leasing is online, not in person.<p>Brooklyn-based co-working company Industrious has acquired PivotDesk, an online marketplace for short-term office rentals. Along with the acquisition, Industrious also …

Startups

Don't Let Your Best Employees Get Away With Causing Drama

Every employee has flaws, and a good boss should recognize them.<p>In this video, Entrepreneur Network partner Bryan Elliott sits down with Rebel Mouse CEO and founder Paul Berry to talk about the mistakes he made when starting his business, how to avoid them in the future and how he dealt with them …

Drama

Can Red Bull Make Social Entrepreneurship An Extreme Sport? | Fast Company

Shortly after graduating, the 21-year-old dreamer ran into a classic problem with that kind of blue-sky thinking: Making the product both quickly and cost-effectively was tough. Finding investors willing to help her was even tougher. So in 2014, with little more than a prototype in hand, Kgatlhanye …

Social Entrepreneurship

Android cofounder gets serious about OEM startup, teases new device

The father of Android starts an Android OEM.<p>Android Inc. cofounder and former CEO Andy Rubin has taken to Twitter to tease a new slim-bezeled …

Startups

MasterClass raises $35 million for celebrity taught classes

If you want to learn something new, learn it from the master. That’s the thesis behind MasterClass, which offers tennis tips from Serena Williams, cooking advice from Gordon Ramsay and vocal training from Christina Aguilera.<p>The startup offers online courses from leaders in their field, charging …

Startups

Why Snap Isn't Collapsing Yet

After a soft post-IPO trading period, Snap has rebounded sharply.<p>Why it's dangerous to short this type of IPO right of the gate.<p>For now, it's best to …

Stocks

Sources: Didi weighing $6B SoftBank-backed funding; Apple, Tencent considering joining round

Startups

Here Are the 10 Dallas Startups You Need to Know About

Everything’s bigger in Texas. And if you don’t think that applies to the Dallas startup ecosystem, you’re in for quite the surprise. Not only can you …

Startups

9 Ways For Entrepreneurs To Get More Benefits From Mentoring

Mentoring is popular in the world of entrepreneurship, and especially in academic entrepreneurship. Many successful entrepreneurs want to give advice. Many would-be entrepreneurs want advice. Many business schools want to connect real achievers with their students.<p>But is there some advice that is …

Leadership

3 Ways to Build a Business That Gives You Mental Balance

Restaurant industry veteran Michael Schultz says to start by incorporating a mission you care about into your work.<p>When you are launching a new venture, it can sometimes feel like balance is a complete myth. Michael Schultz knows firsthand about working long, crazy hours, having worked in the …

Elon Musk is backing a new startup that wants to merge your brain with AI

Why it matters to you<p>Ever wanted to be able to draw on AI to better remember things, or control machines with your mind? Elon Musk is backing a …

Elon Musk

A New York investment group is putting £100 million into UK marketplace lending startup Lendable

LONDON — New York-based Waterfall Asset Management has committed £100 million to be lent through UK peer-to-peer platform Lendable, amid growing interest from US investors in the UK marketplace lending sector.<p>Waterfall Asset Management has committed the large sum to invest in loans made over …

Startups

Things You Can Learn About Spiritual Entrepreneurship

Profound business people are the sort of pioneers who will discover tomorrow's answers when most pioneers can just observe the issue.

Entrepreneurship Is Not About Problem Solving

Tom Sosnoff, co-CEO and founder of tastytrade, says you can't be afraid to do your own thing. Sometimes you just have to follow your own instinct and just go for it.<p>Tastytrade was founded in 2011 and currently produces eight hours of live, original programming each weekday to provide financial …

Dutch online supermarket Picnic raises €100 million

Dutch online supermarket Picnic has raised €100 million in funding from NPM Capital, De Hoge Dennen, Hoyberg, and Finci.<p>Picnic was founded 18 months …

Startups