I am fortunate to work with many talented and energetic founders through Codeventures and iScripts. Most of them are well informed about the industry, product, and customers. But the basic starting up part seems challenging. One of the topics that keep coming is splitting the equity among the founders. Many companies with great potential die… Continue reading How to Split Equity Among Startup Cofounders?
How to Proceed When Someone Else is Working on your Startup Idea?
Imagine that you are planning to start a new Startup. You have a fantastic startup idea to build. And you need to ensure your approach is unique and doesn’t exist. You start working on the concept. You are enthusiastic, and you are on to something. One day your friend finds that your idea is the… Continue reading How to Proceed When Someone Else is Working on your Startup Idea?
How NOT to Find a Technical Cofounder?
Originally published by BuiltinChicago I have been a techie for most of my life and cofounded multiple startups with varying levels of success. I had conversations with a number of teams and individuals over the last year, for partnering to create something great. After meeting with quite a few early-stage startups and cofounders, I thought it… Continue reading How NOT to Find a Technical Cofounder?
How to Protect Your Business Idea When Working with Developers and Partners?
Do you know How to protect your business idea? App development isn’t a one-person job. To make a quality product, you will need to work with partners. They can help to fund the project and startup guide it through all the steps between idea conception and market success. You will also need developers who can… Continue reading How to Protect Your Business Idea When Working with Developers and Partners?
A New Kind of Venture Capital
Last few weeks I was working on a project. It is a seed funding company for Chicago startups. I am trying to bring a few Chicago Entrepreneurs together to launch this seed funding company for startup companies in the state. I was meeting a few folks about this for the last few weeks. So far… Continue reading A New Kind of Venture Capital