“European startups are able to raise just a fraction of the capital at home compared to their U.S. counterparts. And they receive a lot more value from their investors. Why would I ever fundraise anywhere outside of Silicon Valley?”
Shipping packages is a pain for most of us. For San Francisco’s entrepreneurs, that makes it a big opportunity. The latest startup to alleviate the hassle of posting and packaging is Shyp. The service launched today in San Francisco after several months in private beta.
T.J. Duane began the Startup Garage course at Stanford University’s Graduate School of Business last September planning to build a closed online network for lawyers. About eight weeks into the 24-week class, he and his team ditched that idea.
Box has decided to go public ahead of key competitor Dropbox. The cloud storage company filed its S-1 documentation with the Securities and Exchange Commission on Monday, revealing a host of operating information that it had previously kept closely guarded.
Last week, the European Commission’ Startup Europe initiative organized the first Accelerator Assembly Conference in partnership with startup accelerators such as Seedcamp and Techstars, and organizations like Startup Weekend, Nesta and How To Web.
Even for the volatile tech industry, the implosion of Canadian telecom giant Nortel was spectacular. In 2000, it was the 9th most valuable corporation in the world with a market cap of $283 billion. A decade later, it was bankrupt and ceasing operations.