How do you a startup has died (at least one that is pre-funding)? When the co-founders begin to argue about how to divide the assets of the once promising venture. It amuses me to see how vigorously they fight over the cadaver. If they invested as much passion in actually executing on their vision as [...]

I would argue that for the Entrepreneurial Community in Dallas the Dallas Business Journal is irrelevant. We don’t read it. We don’t advertise in it. Of course it doesn’t have to be this way. Gary Hooker, who is one of the owners of Imaginuity, copied me on an email he sent the editor of the [...]

Dean Takahashi wrote an interesting story in SocialBeat describing a fireside chat with Jay Adelson the former Digg CEO. In light of the company’s recent decline and hopeful restart Jay was asked if he regretted not selling Digg when he had the chance. It was widely reported that Digg received offers to sell between $80-100 [...]

Lots of entrepreneurs spend a lot of time telling investors they are the only ones who can do this or that particular thing. While other entrepreneurs explain how their method or model is better than all of the other methods or models. Polite investors just sit back and hold their tongues as they recount how [...]

Take a moment to fill out this LONG survey about entrepreneurship in Texas: http://www.zoomerang.com/Survey/WEB22B3CUQDYM8 Together with our co-sponsors, the Texas Emerging Technology Fund, the Institute for Innovation and Entrepreneurship at UT Dallas, the Dallas Regional Chamber of Commerce, the Metroplex Technology Business Council, the Houston Technology Center, the Rice Alliance, and IC2 at UT Austin, [...]

Last month my father’s old boss and billionaire, Paul Allen, announced he was going to give away the majority of his $13.5 billion net worth to charity. Kudos for Paul! When Paul and Bill co-founded Microsoft I wonder if they had any idea how big an impact their company and the resulting wealth would have [...]

Just last week I wrote a post titled, “Dun & Bradstreet Class Action Lawsuit?” where I explain how D&B explained to other businesses that our company had a “High risk of severe financial stress of the next 12 months”. Here is what our potential customers saw: This week, after I wrote the post, D&B has [...]

Have you ever heard of a company called Dun & Bradstreet? They are ‘sort’ of like Experian for businesses – supposedly helping their subscribers to make credit decisions about suppliers. Recently a potential client of one of our company’s ran a D&B report on our company. The score came back very low and the company [...]

Austin-based Capital Factory accelerator program – their second annual Demo Day is coming up on Wednesday, September 8th As the culmination of a ten-week technology accelerator program this summer, Capital Factory’s Demo Day will provide the five portfolio start-ups with the opportunity to launch their business concept to the world and specifically, to attending investors, [...]

I’ll have to admit I am guilty of this one. When I raised my first round for my first startup I immediately bought a Porsche. I used my own money, but it sent the wrong message to my wife, investors, partners, employees, customers and vendors. It is hard to negotiate salary with prospective employees when [...]