Today, the Walt Disney Company & Techstars announce their plans to select ten startup companies for a three-month mentorship and seed-stage investment program. The LA-based program is powered by Techstars and focused on “technology-based companies focused on trnasformative media and entertainment experiences.” Applications are being accepted starting today, through April 16, 2014 for early-stage companies with innovative consumer media and entertainment product ideas. Visit www.disneyaccelerator.com for full details on applying for the program.
Some common startup myths have frequently been debunked, like how running your own company will give you freedom (yeah, right!) or how failure leads to future success (it could, but it’s certainly no golden ticket), and how all an entrepreneur needs is passion (who needs the ability to execute when you have passion, right?!).
Why do we date? To connect. To go beyond fleeting, ephemeral interactions and sharing of internet cat photos to find support, understanding, romance, etc. But what happens when we go beyond preferences to conditional? It’s an intriguing question – just what LA-based CupidRadar is hoping to answer. They operate under the premise of the chance encounter – the one run-in that could yield a deep, meaningful, long term connection.
Overall, great news for our fair city with a 25% increase in funds raised in 2013 over the year before. This last year, we saw a record high of over $1 billion raised with 200 launches and 25 successful exits which yielded $1.11 billion.
These figures, among others, indicate LA’s digital startups aren’t simply keeping pace with past years, but exceeding them.
The United States is the economic powerhouse that it is because of a culture of innovation, entrepreneurs, and the “can do” attitude that makes it so distinct. While we entertain startup strategies such as being lean or agile, it’s impossible to ignore that, for example, LA has a culture of entertainment, Nashville that of music, New York, a culture of finance and fashion, and Silicon Valley, indeed, a culture of disruptive innovation.