Startups

Technology is essential for businesses that want to gain an edge over competitors in today’s world. Computers and the Internet have now brought in a new era that relies on data to make profitable business decisions in the competitive environment. However, many business owners neglect to take advantage of these new technologies because they believe that they are only available to large corporations.

Entrepreneurs and startups operate within a David versus Goliath environment. With small budgets, limited staff and inexperience, they somehow have to find a way to make a name for themselves, and compete against much bigger organizations. Big data offers many promises in a number of different industries, but does it have the ability to help small businesses?

First things first. Why raise funds? This seems like an obvious question but you need to be clear why you’re looking to raise in order to come up with an effective game plan and determine your best funding option.

Like every great startup, Meerkat exploded out of nowhere to catch the imagination of mobile video technofiles worldwide. Adoption is still rising as Miami concerts, Tech Talks and Blog Posts get Meerkatted. We took Meerkat for a spin to see what the hype is all about and if its ease-of-use twitter integration is really a live streaming game changer.

The startup ecosystem is not just made up of entrepreneurs and investors; it also includes lawyers, bankers, HR and payroll providers as well as financial services providers. These service providers do more than provide a service; they are partners and important players within your startup ecosystem, providing guidance, connections, and support.

In the best case, getting funded can take months, and in the worst, you might end your quest without a single signed term sheet. Oh, and have I mentioned that it’s a full-time job? Physical endurance is one thing, but how do you prepare yourself for the mental and emotional toll?

Most people agree that Stanford’s entrepreneurial spirit and talented students played a pivotal role in the growth and success of Silicon Valley. Many believe the same culture will be essential to the success of growing Southern California’s own startup culture.

I get questions from startup founders about executive summaries all the time. They range from “what should I include?” to “how long should it be?” to “where can I get help writing one?” Those can be found on a previous post. But I do want to highlight 5 things that are guaranteed to make you stand out — and not in a good way.

TechZulu is excited to invite you to the 2015 Startup and Entrepreneur Forecast taking place Thursday, January 29 from 7 p.m. to 10 p.m. at the Dethrone Base Camp in Santa Monica. We will have amazing panelists from March Capital, Greycroft, Machinima, Silicon Valley Bank and Amplify who will share their insights and forecast for start-ups in 2015.

Buddytruk is the latest peer-to-peer vehicle service to hit the streets of LA. Like Lyft and Uber, the service is utilized through the use of a smartphone app to request a driver to aid you in your quests. Unlike the two ride-sharing services, Buddytruk isn’t a ride-sharing service. While Lift and Uber allow people to request a pickup and ride from screen tested drivers to transport them and their friends safely to and from their destinations, Buddytruck fills a void that the ride-sharing services are sorely lacking, hauling of items.