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What to consider before selling your startup to big companies

May18
by on May 18, 2014 at 6:00 pm
Posted In: Analysis and Opinion, Around the Web, Entrepreneur

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George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures, a startup consulting and financial advisory firm based in Chicago. I was lucky enough to be involved with two startups that were both sold to $1BN revenue businesses: iExplore was sold to TUI Travel, and MediaRecall was sold to Deluxe. In both cases, the investors were excited to get an exit and return on their investment, and the founders were excited about joining up with a big company to help accelerate growth. But, despite the best of intentions of parties on both sides of the transaction, integrating a startup into…

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a couple of laughzillas on a blue diamond background

What to consider before selling your startup to big companies

May18
by on May 18, 2014 at 6:00 pm
Posted In: Analysis and Opinion, Around the Web, Entrepreneur

158519569
George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures, a startup consulting and financial advisory firm based in Chicago. I was lucky enough to be involved with two startups that were both sold to $1BN revenue businesses: iExplore was sold to TUI Travel, and MediaRecall was sold to Deluxe. In both cases, the investors were excited to get an exit and return on their investment, and the founders were excited about joining up with a big company to help accelerate growth. But, despite the best of intentions of parties on both sides of the transaction, integrating a startup into…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

The rise of the ‘Uberized economy’ and what it means for business

May18
by on May 18, 2014 at 2:00 pm
Posted In: Analysis and Opinion, Around the Web, Entrepreneur

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Matthew Faustman is co-founder & CEO of San Francisco-based startup UpCounsel. The world of labor is changing. Through laptops and mobile devices, a new world of services is becoming more accessible. The platforms enabling such services are also providing new homes for a rising entrepreneurial class of worker who is no longer being defined by the cubical. It’s becoming clear, that in a not too distant future, our companies and corporations will be built on virtual networks vs marble lobbies. While we have seen an explosion of “Uberized” labor marketplaces that make things like grocery delivery and home cleaning a mobile…

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Are you building a business that can scale? Seven questions for startup founders

May18
by on May 18, 2014 at 11:00 am
Posted In: Analysis and Opinion, Around the Web, Entrepreneur

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Georgianna Oliver is the founder and CEO of Package Concierge, developer of a package locker solution for apartment and student housing communities. Good ideas are the easy part of entrepreneurship. Nearly anyone can come up with a business idea, but it takes a lot more than wishful thinking to turn an idea into a company. It takes even more to turn an idea into a company that can grow and thrive, even after the original team moves on. To do that requires founders who look at their hard-earned creation, their venture built on long hours and deep risks, and say, “This…

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