Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem

 Kevin Novak, the architect of Uber’s dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of data. Read More

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China’s JD partners with accelerator program Plug and Play to reach US startups

 E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce …

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Enjoius raises $1.4 million to bring its party planning services to you

 Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party. Read More

View More Enjoius raises $1.4 million to bring its party planning services to you

Project Entrepreneur expands accelerator program to help more women entrepreneurs build scalable companies

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Since launching in 2015, Project Entrepreneur — a media partner of Mashable — has trained more than 1,200 aspiring entrepreneurs representing 131 U.S. cities. Its annual venture competition has yielded an alumnae community of nearly 400 women entrepreneurs, with the 2016 finalists reporting $10+ million raised in seed and pre-seed funding.

Now entering its third year, Project Entrepreneur (PE) — an initiative from the Rent the Runway Foundation and UBS Elevating Entrepreneurs — is expanding the number of winning companies in the accelerator from three to five.

“We are so excited to continue working with UBS in providing women with the tools they need to create high-growth companies, and see their visions through,” said Jennifer Hyman, CEO and Co-Founder of Rent the Runway. “Past participants in our accelerator continue to inspire us with their incredible progress, including closing rounds of funding. We are eager to provide the next class of talented female founders with the tools and support they need to scale, and to see the disruption their companies bring to various different industries.” Read more…

More about Entrepreneurship, Women In Business, Rent The Runway, Project Entrepreneur, and Accelerator

View More Project Entrepreneur expands accelerator program to help more women entrepreneurs build scalable companies

Project Entrepreneur expands accelerator program to help more women entrepreneurs build scalable companies

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Since launching in 2015, Project Entrepreneur — a media partner of Mashable — has trained more than 1,200 aspiring entrepreneurs representing 131 U.S. cities. Its annual venture competition has yielded an alumnae community of nearly 400 women entrepreneurs, with the 2016 finalists reporting $10+ million raised in seed and pre-seed funding.

Now entering its third year, Project Entrepreneur (PE) — an initiative from the Rent the Runway Foundation and UBS Elevating Entrepreneurs — is expanding the number of winning companies in the accelerator from three to five.

“We are so excited to continue working with UBS in providing women with the tools they need to create high-growth companies, and see their visions through,” said Jennifer Hyman, CEO and Co-Founder of Rent the Runway. “Past participants in our accelerator continue to inspire us with their incredible progress, including closing rounds of funding. We are eager to provide the next class of talented female founders with the tools and support they need to scale, and to see the disruption their companies bring to various different industries.” Read more…

More about Entrepreneurship, Women In Business, Rent The Runway, Project Entrepreneur, and Accelerator

View More Project Entrepreneur expands accelerator program to help more women entrepreneurs build scalable companies

Do VC woes extend to portfolio companies? For Rothenberg, probably not

 As VC brands go, Rothenberg Ventures has seen better days. The firm built up a reputation as an up-and-coming early-stage investor. But Silicon Valley soured on Rothenberg Ventures last year; lawsuits ensued. So it hasn’t been a good year for Mike Rothenberg. But what about the Rothenberg Ventures portfolio? Read More

View More Do VC woes extend to portfolio companies? For Rothenberg, probably not

Where and why venture capitalists invest close to home

 Public market investors have the luxury of being able to make, invest and move their money anywhere they’d like. But the same isn’t true for startup investors, who, if conventional wisdom is to be believed, tend to invest relatively close to home. Read More

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Hear from leading venture capitalists at Disrupt Berlin

 TechCrunch Disrupt is returning to Berlin this December, and among the founders and developers speaking, we’re pleased to have leading venture capitalists on stage to talk about fundraising, entrepreneurship and the trends they’re looking to fund. The show is jam-packed, and just like every Disrupt, the focus is on startups and the bleeding edge of technology. Fifteen startups… Read More

View More Hear from leading venture capitalists at Disrupt Berlin

Why the startup community is starting to panic about tax reform

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Businesses across the U.S. are licking their chops over a possible corporate tax cut, but venture capitalists are sounding the alarm over a small change that could have big consequences for employees at startups.

The Senate tax reform bill as currently written would start taxing stock options as they vest. That means employees at startups who receive options as part of their compensation—a common practice in the tech industry—would have to pay tax as soon as the options are earned, rather than when they’re cashed in.

Fred Wilson of Union Square Ventures laid out in a blog post just why that’s a bad idea. Read more…

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3 reasons why you should start a business in 2018

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2018 is rapidly approaching and with the end of the year comes plenty of resolutions for the New Year. For aspiring entrepreneurs, starting a small business is most likely at the top of their to-do list. 

However, this resolution is easier said than done. Starting your own business requires investing all of your time, energy, and resources every day to help the business take off and become a success. It’s hard work, but it also pays off and allows you to be the master of your own destiny which may be why entrepreneurship is such a popular resolution. 

If you think you’re ready to start a business next year, here are some of the advantages to the process you’ll be able to enjoy. Read more…

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