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@paulcarr So, it will be interesting to watch. (I guess that's why you set it up that way.) But if the team that wins doesn't accept the valuation offered, then will the second-place team "win"?
I suppose if that happens it will be a bit of chaos, but startups thrive on chaos, right? Then you'll have The Team That Turned Down Winning and a winning team. Two winners, in a sense.
Be sure to serve popcorn!
7 months, 4 weeks ago on The Southland startup competition is so hot it’s actually oversubscribed
So, you never answered the question I asked when you announced this style of competition. I love the idea, but am wondering what will happen if the panel wants to invest at a lower valuation than the company has already taken? Can they say no, and thereby not "win."
I know it's a hypothetical, but wondering what you'll do in that case.
Anyway, good luck with the conference. Sounds like a blast. Sorry I can't make it.
I don't know if she is or isn't a natural, but she's young. She doesn't know that investors snicker when an entrepreneur says, "And those numbers are conservative."
About 90 percent of first-time entrepreneurs use that line when estimating their market size, and that number is very conservative. ;-)
1 year, 1 month ago on With a 19-year-old co-founder and a seed round, myLINGO is the ultimate entrepreneur story
Government data is owned by the people of the country. Corporate data is owned by the corporation.
Seems like a relatively easy distinction.
1 year, 1 month ago on Pierre Omidyar in 2009: “Anybody who publishes stolen info should help catch the thief”
What a load of crap. Only in the bizarre-o world of the Silicon Valley is this "disappointing." This is a great day for all involved, nothing remotely disappointing about it.
The only thing disappointing is watching a reporter spout the views of some unnamed, unseen investor -- probably without even talking to one -- as a way of pre-emptively sucking up.
1 year, 1 month ago on Intuit acquires Docstoc to broaden its offering to the smallest of small businesses
I'm a founder of BlogMutt, and we do offer health care for employees. The cost sucks, but it's the hassles of the paperwork that suck even worse.
1 year, 8 months ago on Do you work for a startup? Do you have health insurance? Let’s talk about health-care
@MattCoddington Bitter much?
2 years, 7 months ago on Is the Crowdsourcing Debate Finally Over?
Nice radical honesty of showing how completely you stuck your foot in your mouth while talking to Adriana. I hope your shoe was all organic!
2 years, 9 months ago on Ethical Shopping and the Guilt Trip: A Love Story
Those are the descendants of the people who said radio would kill print, tv would kill radio, etc.
2 years, 9 months ago on It’s Time to Stop Talking About the Death of Big Media