Entrepreneurship tips and some conflicting signals about the current state of startups

June 30, 2:22 PMStartup Business ExaminerJohn Edwards

Previous Next

Comment Print Email RSS Subscribe

Subscribe

Get alerts when there is a new article from the Startup Business Examiner. Read Examiner.com's terms of use.

Email Address   Include other special offers from Examiner.com Terms of Use

The answer might surprise you

Emily Brandon of US News just came out with a handy list of tips around starting a business after age 50. Nothing on the list is particularly surprising (tap into your network, leverage your experience, expect long hours, etc.) but there are good lessons and examples in each one.

Ok, guess which state has a love affair going with angel investing and entrepreneurship? According to the New Brunswick Business Journal it is Wisconsin, which posted a 28-per-cent increase in angel and fund investments last year - amounting to more than $15 million in 53 deals - even as angel investing was down by 26 per cent nationally.

Hey everybody, an IPO! Channel Web has announced that LogMeIn, a startup in the remote access space, is preparing to come out with an IPO on Tuesday worth $107 million. They expect to make 6.7 million shares available to the public priced at between $14 and $16 per share.

But before you get too excited, the WSJ is reporting that a survey of 100 venture capitalists from executive search firm Polachi Inc. indicates that 53% of them thought the industry was broken. This list may have some bite because over 70% of those polled were managing partners. But the definition of broken differed among the respondents – with some seeing the space as not working but fixable and others seeing no cure in sight. VC’s tend to be an optimistic lot by nature, so maybe this dose of pessimism means we’ve actually hit bottom and have nowhere to go but up. That’s my take anyway.