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Sustainable Competitive Advantages

Sustainable Competitive Advantage from The Startup Garage

A competitive advantage is some aspect of the company and/or its product or service that gives it an edge over its competitors and allows it to generate greater values for the firm (in sales and/or profit margins) for the firm and its shareholders.  Two primary examples of competitive advantages include: 1) comparative cost advantage – […]

Energetic VCs on the Rise

Energetic Venture Capital from The Startup Garage

Active Venture Capitalists The number of VC firms completing four or more deals per year has increased annually since 2009.  There is a lot of chit-chat about capital crunch and how venture firms in particular are in the decline.  However, this cannot be further from the truth.  First, there is an increase in the number […]

Legal Tech VC Funding Beginning to Stagger

Legal Tech vs Funding Stagger from The Startup Garage

Although the legal industry is massive ($300B), it is seeing a drop in funding by 16% year-over-year as investments are concentrated at the seed stage and exit activity is lukewarm. Funding to legal tech startups barely topped $100M across 30+ deals, with the largest deal representing 45% of total investments.   Deal Flow Oddly enough, […]

6 Classes of Mobile Startups That VCs Find Interesting

6 Classes of Mobile Startups That VCs Find Interesting from The Startup Garage

As most consumers nowadays would agree, one of the most useful consumer devices is the smartphone.  VCs happen to concur.  With that said, they find some spaces in the mobile tech sector to be more exciting than others.  Below is a list of the 6 top sectors that get VCs excited: 1. B2B Business Solutions […]

Tips for a Successful Relationship with a Contract Developer

Finding the right contract developer can be a big undertaking, especially if this is your first time doing.  This blog will provide you with some critical advice on how to develop an effective and efficient relationship with a contract developer. 1. Define the goals of your project Before you approach any contract developers, you will […]

What Is Your Core Competency?

What Is Your Core Competency? From The Startup Garage

Too many entrepreneurs and startups get caught up trying to be everything for everyone. You can always add features or sub-products down the road, but don’t lost sight of your mission and your core competencies.  Focus on one problem that your target customers have and solve it. Get Focused Once you start throwing in every decent […]

Angel Investor Portfolio Insight

Angel Investor Portfolio Insight from The Startup Garage

Angel investors typically invest in seed or early stage startups that are seeking between $150,000 to $1M.  Often, a group of six to twenty angels will pool their funds to make such an investment.  The average check written by angels is ~$30,000.  They are typically accredited investors that are investing with the intention of engaging […]

The Triple Bottom Line Goal of Sustainable Business

The Triple Bottom Line Goal of Sustainable Business from The Startup Garage

Earlier, we wrote a blog post on California passing legislation creating new business structures for social enterprise. In this post, we’ll discuss what exactly the triple bottom line approach to sustainable business (social enterprise) really is. Triple bottom line refers to the 3 “P’s” – Profit, People, Planet.  It is a term often connected to […]

The 5 Best Cities to Start a Business

The 5 Best Cities to Start a Business from The Startup Garage

As an aspiring entrepreneur, you will want to launch your startup in a fertile environment with ample funding and quality of life (for good employees and good prospects likely seek out this characteristic in determining where they will put down their roots). To gauge the health of small-business lending in each city, NerdWallet analyzed business loans made […]

The “Series A Crunch” Myth

The “Series A Crunch” Myth from The Startup Garage

Despite the concerns about a crunch, the reality is that the level of Series A activity is holding steady. At the same time, the number of seed deals have exploded. As a result, the Series A Crunch is nothing more than excessive demand for a limited supply of Series A financing. While the number of […]