Recently, MITCNC hosted a forum entitled Multiple Ways to Fund Your Clean Energy Startup. Numerous experts provided CleanTech entrepreneurs with new ideas to fund their companies. Some of the alternative funding sources included: angels, private equity, corporate venture funds, federal or state grants, international venture investors, and prizes.
We’re pleased to invite Dan Ahn, Partner of Envision Ventures and a panel speaker, to share additional thoughts on the panel discussion, as well as the partnership he seeks and builds with his portfolio companies.
Anna: Welcome, Dan! Why did many CleanTech startups fail over the past years?
Dan: Good question. Let me start with a “historical” perspective: “CleanTech,” from an institutional investor perspective, has been a dirty word. Continue reading
I found myself recommending the same books time and again to first-time tech founders, so decided to just put together this list:
(1) The Startup Owner’s Manual: The Step-By-Step Guide for Building a Great Company – By Steve Blank and Bob Dorf
(2) The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup – By Noam Wasserman
(3) Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers – By Alexander Osterwalder & Yves Pigneur
Disruption and Reuse
It is my contention that 90% of costs are being eliminated from the traditional software development process and the time to market reduced dramatically by leveraging the reuse capable today via open source, APIs, fast deployment and resource sharing with PaaS. The cost of Enterprise Software was magnified by an order of magnitude by the lack of reuse prevalent in the old paradigm of software development. This is apparent as we see how fast we are able to build technology today. This is a major reason for the massive adoption of disruptive technologies of open source and APIs we see today.