From Rags to Riches

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More than any other people in the world, Americans believe in going from rags to riches. The American Dream is that anyone can rise up from poverty and make a fortune.

The irony is that the United States is actually one of the harder countries to make your fortune. In Canada and Denmark, people have practically twice the odds of rising up from the bottom 20% to the top 20%. However, if you live in certain cities, like San Francisco or Seattle, your odds are close to Canada, while if you live in places like Nashville or New Orleans, your odds are much, much lower.

HardwareCon

HardwareCon

HardwareCon, presented by Hardware Massive, is a two-day conference designed and developed exclusively for hardware startup entrepreneurs. This conference & convention is structured to help founders catapult their business to the next level of success.

Register Now!

The Challenges & Potential For Taiwanese Startups

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As the CEO of Founders Space, one of Silicon Valley’s top startup accelerators, I have been to Taiwan a number of times to give lectures and run startup programs. We also work closely with the Taiwanese government, NCTU and other partners helping Taiwanese startups come to Silicon Valley, make connections, raise capital and go to market. During this process, I’ve seen both the challenges startups face and the potential for success.

Continue Reading…

Why Do People Need to Sleep?

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Why do people need to sleep? Isn’t it a waste of time? If you live to be 75, you’ll spend 25 years sleeping. That’s a good chunk of your life.

“Sleep, that deplorable curtailment of the joy of life.” – Virginia Woolf

“The only time I have problems is when I sleep.” – Tupac Shakur

“Life is too short for sleep” – Captain Hoff

Growth Marketing Conference

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Growth Marketing Conference is the only actionable, hands-on educational event dedicated to the most important business issue today – growth. Join industry-leading Fortune 500 execs, high-growth startup founders, and growth marketing leaders and innovators to learn how to supercharge your company’s growth – quickly, cost-effectively, and sustainably in 2017 and beyond. 

New York – May 3-4

San Francisco – June 28-29

San Francisco – December 6-7

REGISTER TODAY  and save  20% with FS20

The Seeds of Our Future: AgTech and the Connected World

Hellow“The Seeds of Our Future: AgTech and the Connected World” will bring together 100 industry leaders to discuss the future of agriculture.

Together with leading organizations such as Driscoll’s, Western Growers, Climate Corporation, UC Davis, and more, we will address topics like Big Data, Robotics, Controlled Environments and Traceability.

3-day Program + Conference: http://siliconvalleyforum.com/event/28163279126
1-day Conference: http://siliconvalleyforum.com/event/29268277205

Participants come from various parts of the world, and the goal of the program is to facilitate connections to encourage cross-border collaboration and investment opportunities.

WebFaction

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WebFaction is offering a $10 per month hosting package that is ideal for startups.

Use the promo code FOUNDER2017 and get two free months of service (value $20)!

Here’s the package:
– Hosting for developers
– $10/month, 100GB SSD storage, 1GB RAM, 1TB bandwidth
– Servers configured, secured, backed up and monitored for you

Here’s why we like WebFaction:

  • Their pricing is incredibly affordable – see for yourself
  • They have a reputation for being very reliable

Bowling Alone by Robert Putnam

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If you live in a society with high levels of social trust, you are more likely to make more money and live a longer, healthier life.

In Brazil, only 10% of people trust each other, while in countries like Norway, it’s 70%. The United States is in-between these two extremes.

If you want to know more about this fascinating phenomena, read the book Bowling Alone by Robert Putnam.

Unfortunately, in the United States, social trust is declining!

Thryve Launches

Thryve

The gut houses nearly 100 trillion microbes that are potentially more influential to your wellness then genetics. Our exclusive state-of-the art testing is not available at your traditional doctors office and finds up to roughly 90% of microbes.

Test

With a simple home test, you’ll uncover how these microbes affect your metabolism, inflammation, food intolerances, and many more.

Thryve is a Founders Space graduate, and we love what they’re doing!

New Rule for Foreign Entrepreneurs

Visa to United States of America

The United States has a new rule, which allows foreign entrepreneurs a temporary initial stay of up to 2 years (which may be extended by up to an additional 3 years) to facilitate founders’ ability to oversee and grow his or her start-up entity in the United States. Some people call this a “Startup Visa”.

Who is eligible?

Entrepreneurs who have a significant ownership interest in the startup (at least 15 percent), and have an active and central role to its operations.

Building the Internet of Things by Maciej Kranz

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I just read BUILDING THE INTERNET OF THINGS by Maciej Kranz. If you’re a manager in a large corporation thinking of deploying IoT technology, this is book offers a good starting point.

It’s really a beginners guide. It’s not very technical, and it doesn’t go in-depth, but it does offer some good basic advice.

It has a few interesting case studies, but I was expecting more. My main problem is that it felt repetitive. The author says the same things over and over, and halfway through, I started skipping chapters.

Shenzhen Innovation & Entrepreneurship Competition

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1st China (Shenzhen) Innovation & Entrepreneurship International Competition—Silicon Valley Sector, which will be held at Santa Clara Convention Center on March 19th, 2017.

Startups Can Apply Here:
http://www.svief.org/startup/#project

Register for Tickets Here:
http://sz2017.eventbrite.com
30% off gold pass ticket code:30FounderSpace

The competition is open to all high-caliber overseas talents and projects regardless of nationality (To apply, please send the business plan to bp@svief.org or apply online: http://www.svief.org/apply). It will offer generous awards totaling RMB 9,120,000 to the winners. Individual competitors can be awarded up to RMB 1,250,000 (government subsidies and venture capital investment not included).

Todd Murtha, Legal and Business Advisor

Todd Murtha is a mentor at Founders Space. Todd is an attorney at DJL Corporate Law and founder of Careerwave, a technology and AI-driven leadership development and coaching company.

Todd advises technology companies as outside general counsel and business advisor on a full range of legal and business issues, including formation, financing, M&A, commercial arrangements, strategy and operations. Careerwave provides scalable, broad-based management, leadership, and diversity and inclusion coaching programs to mid-size and large companies.

Fireside chat with André Borschberg

André Borschberg is a Swiss entrepreneur, explorer, pilot and speaker. He is a co-founder of the Solar Impulse project, the first ever round-the-world solar flight, successfully completed in July 2016.

HP, building 3 main lobby,
1501 Page Mill Road, Palo Alto, CA.

André Borschberg, a graduate engineer in mechanics and thermodynamics from the Federal Institute of Technology in Lausanne, and holder of a Master’s in Management Science from the Sloan School, MIT Boston, has a solid background in creating and managing companies.

David Barron, Investor, Startup Mentor, Tech Evangelist

David Barron 150x150David Barron is a mentor at Founders Space and has been working on technology commercialization efforts within large companies and startups for more than three decades. He advises startups, investment groups and corporate innovation groups on a variety of matters including alternative use case and Go To Market strategies, due diligence assessments and strategic partnerships.

Traction by Gabriel Weinberg

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Just finished reading TRACTION by Gabriel Weinberg. It’s a very practical book, providing hands-on advice on how to acquire customers. It gives basic advice on SEO, PR, SEM, social networks, funnels, targeting, etc.

Great for a first-time entrepreneur. More experienced marketers can skip it.

Jeff Faust, CVA, Director of Valuation Services at ASL

Jeff Faust 150Jeff Faust joined Founders Space as a mentor. Jeff is a Certified Valuation Analyst and the Director of Valuation Services at ASL and is a part of the Emerging Business Group and Technology Group.

He has 20 years of experience in the valuation of privately held companies for various purposes: stock options grants (IRC § 409A), Employee Stock Ownership Plans (ESOPs), estate/gift, fundraising, mergers/acquisitions, and more.

Liz Skalla, Builder of Brands

Liz Skalla 150x150Liz Skalla joined Founders Space as a mentor. Liz enjoys building and growing brands – brands with a purpose that help people and/or the world. Liz has fortune 50 experience, is a past AMA board member and has a masters degree in Marketing Strategy and Management. She has started companies from the ground up, raised venture capital, mentored, advised, held board seats, build boards, and sold her first startup to a competitor. She is currently consulting growing companies and is part of the GIVN Goods team that makes it easy for consumers to make an impact on the world while buying everyday products.

Jean Lombard, Technology PR Expert

Jean Lombard 150x150Jean Lombard joined Founders Space as a mentor. Jean is an award-winning technology PR professional with more than 25 years of high tech PR experience earned in global PR agencies operating in New York, London and San Francisco.

After working within global PR agencies for 10 years, Jean established The Jean Effect, a PR, social media and marketing communications consultancy which she has operated for more than 10 years.

Jean-Philippe Emelie Marcos, Co-Founder & CEO of SignifAI

Jean-Philippe 150x150Jean-Philippe Emelie Marcos joined Founders Space as a mentor. JP is the Co-Founder and CEO of SignifAI (https://signifai.io/), a VC-backed company that leverages machine intelligence to increase system availability and performance.

Prior to founding SignifAI, he was one of the initial angel investors in and served for 5+ years as the Chief Operating Officer at Tango, a leading global mobile consumer application that went from 0 to 400M registered users during his tenure. JP was also a Silicon Valley early stage investor for 7 years. JP’s career spans 20+ years leading teams in technology start-ups and large companies as founder / entrepreneur / CEO / VC and general manager.