The SEC could change the requirements for investing in startups, and that’s not good | TechCrunch

As strange as it may seem, only a small percentage of Americans can legally invest in most startups today. Under long-standing rules governing who qualifies as a so-called “accredited investor,” only quite wealthy individuals (those make at least $200,000 in annual income or have $1 million in assets, excluding their home) can buy shares in a fast-growing, privately held company. This “accredited investor” definition is extremely important for the startup ecosystem, since the most common legal arrangement that startups use to raise funds limits participation almost exclusively to accredited investors. Granted, the landscape of investor participation in funding startups may be changing thanks to the JOBS Act. What’s being referred to as “regulation crowdfunding” is set to go live in May, allowing startups to accept not just monetary donations, but securities-backed investments, from online supporters, regardless of their income. Nonetheless, as many industry experts have argued, the regulatory requirements for both issuers and investors participating in this new form of crowdfunding may limit its full potential. Because regulation crowdfunding will be costly and restrictive for most issuers, many entrepreneurs may opt to instead rely on traditional accredited investors to raise capital, whether in the form of venture capital or angel investments.

Source: The SEC could change the requirements for investing in startups, and that’s not good | TechCrunch


Startup Growth Calculator

Startup Growth CalculatorThis tool calculates how much funding your startup needs. Assuming your expenses are constant and your revenue is growing, it shows when you’ll reach profitability and how much capital you’ll burn through before then. Once you’re profitable, you control your destiny: you can raise more to grow faster if you want. You can drag the red or green handles to set expense, revenue and growth. Geometrically, the capital needed is the blue-shaded area between the revenue and expense curves. If you raised exactly the amount calculated and everything goes as expected, your bank account would be at $0 the month you hit profitability, which is kind of stressful. So raise a comfortable margin above it. By default it shows weekly rates, but there’s a button to use monthly or yearly rates. The code is on github if you’re curious how it works.

Source: Startup Growth Calculator

What I learned from Brad Feld’s experiment on AngelList

angellist-logo (2)The following is a clip from the blog of my new “must read” blogger, Steven Dresner founder of DealFlow which is an editorial based upon Brad Feld’s blog post regarding his Foundary Group’s 2 year experiment managing it’s own investment syndicate on the Angel List platform.

Brad Feld is one of the few venture capitalists whose blog I read regularly. For those unfamiliar with him, Brad is a partner with Foundry Group and a co-founder of Techstars. He also happens to be a prolific thinker whose insights and investment decisions matter to me. So on Tuesday, when I saw the subject line of his recent blog, “Feld Thoughts: Ending our FG Angels Experiment,” I was eager to dive into what would surely be something of interest. As usual, Brad didn’t disappoint. The blog begins with this: “After two years of a dedicated experiment, we’ve decided to stop making new investments via our FG Angels Syndicate. We’ve learned a lot, achieved some of our goals, but ultimately have decided that the effort required to maintain our investment pace on AngelList is too great for us, at least for now.” First, a little context is in order. Foundry Group started FG Angels when AngelList announced their syndicates product back in September 2013. According to Brad, his group was the first venture firm to create a syndicate.

Continue Reading: What I learned from Brad Feld’s experiment on AngelList

msPad – Medical Shorthand Keypad

mspadProduct Benefits​: The healthcare industry is moving away from using symbols in charting and going electronic at the same time. This presents a problem and frustration for healthcare personnel who do charting at the point of care, because most are not typists and they miss the convenience of using symbols to do their work. The msPad will allow medical professionals to enter data using the symbols they are accustomed to. The keypad is designed to be extremely user friendly!   Tips and Tricks: Symbols that mean more than one word, tap once for first word, twice for second word, etc.   The Actual Keypad: Actual cord length would be 24-28 inches The blue digits are actually a backlite so you can see at night or dim lighting. The green logo at the top of pad is also backlite in green to let you know power is on.   Currently working with PAPPS (Parallel-Processing Apps) for product development! Contact:

Source: msPad – Medical Shorthand Keypad

Controls Force – Transaction Watchdog

controlsforcelogoControl’s Force was founded by Dr. Boris Shapira, a hi-tech technology entrepreneur with a proven track record, after his previous company had been acquired by EMC in 2006. In response to increased market demand Control’s Force was created to realize new aspects of Dr. Shapira’s data-centric process modeling concept.

Software Solutions Partners About Software Transaction Watchdog™ SaaS solutions enable corporations to mitigate risk and enforce compliance when performing business transactions. Transaction Watchdog™ provides insight and intelligence on Enterprise transactions on risk. Transaction Watchdog™ is pioneer in a context-aware computing, where it incorporates ‘process awareness’ into Big Data analysis to protect business operations, from human or system errors and frauds.

Why Transaction Watchdog

The traditional Loss Prevention systems in any industry are undergoing a profound transformations: from manual controls to automated, from periodical to continuous monitoring, from controls’ monitoring to transaction data monitoring.In response to these needs:

  • Transaction Watchdog™ is the only technology that monitors a single Enterprise Transaction in real-time, such as order-to-cash across systems, applications and various business processes.
  • Transaction Watchdog™ points out the root causes of potential losses.
  • Transaction Watchdog™ points-out fraud activities including unknown incidents.
  • No need to understand the workflow processes and the fraud patterns to deploy Transaction Watchdog™ for your operations
  • Transaction Watchdog™ is easy to use. You can sign up for free trial on your historical data and find out for yourself!
  • In free trial, you do not need to download any software, but just upload a dump of your transaction data, in excel or other popular formats, to our cloud services and find out in 72 hours which risks and risk values your company is exposed to.


Revenue Watchdog

This Transaction Watchdog™ based SaaS solution monitors Procure-to-Pay transaction. In retail industry such transaction starts at POS and is completed by receiving Bank Statement. The goal is to assure that each sale order is deposited in the retailer’s bank account even it appears as aggregated amount in the bank statement.

Procurement Watchdog

This Transaction Watchdog™ based SaaS solution monitors Procure-to-Pay transaction. In retail industry such transaction starts by Purchase Order (PO) or Delivery Note (DLN) and is completed by receiving Bank Statement. The goal is to assure that each PO or DLN is withdrew correctly from the retailer’s bank account even it appears as aggregated amount in the bank statement.

Payroll Watchdog

This Transaction Watchdog™ based SaaS solution monitors Payroll transaction. In any industry such transaction starts by state of employee HR record for payroll period and is completed by receiving Bank Statement. Many systems are involved in this transaction: ERP, Attendance&Time, Payroll service provider, ACH, CRM, just to mention the main. The goal is to assure that each payroll is withdrew correctly from the company’s bank account even it appears as aggregated amount in the bank statement.

Source: Transaction Watchdog

Detroit Hopes To Drive Tech Startups Away From Silicon Valley

Many University of Michigan business students who have an entrepreneurial streak take Professor Jerry Davis’ start-up class. Davis has lived in the Silicon Valley, he has a Ph.D. from Stanford University, and he has advice for young people: Forget the Bay Area.

“You spend a whole lot of your time on freeways. It’s expensive, it’s annoying. The weather is beautiful, but basically the Bay Area has turned into Los Angeles,” Davis says. “All the things that people hate about LA are now true of the Bay Area.”

And the home prices are worse. The median price in Silicon Valley now tops $1 million. In Detroit, it’s $38,000.

That’s appealing to Aaron Mason, a 36-year-old San Franciscan. “Having a yard, having a garden, starting a family, those kinds of things,” says Mason, imagining a possible move to Michigan.

The city of Detroit doesn’t have a lot of high-tech companies, but it is interested in attracting young tech entrepreneurs like Mason. He’s well known among techies — he’s helped launch four companies and has 70,000 Twitter followers. It’s not just the lifestyle possibilities intriguing him about Michigan — he thinks it might be easier to launch company number five in Detroit.

“Coming from a place like San Francisco, real estate here is really expensive. And so to go to a place like Detroit and see that you have fairly cheap space, and an infrastructure that is already in place, it’s a very exciting place to be,” Mason says.

He says he likes the scrappy feel of Detroit’s emerging tech community, one that is “still sort of getting up and off the ground.”

Source: Detroit Hopes To Drive Tech Startups Away From Silicon Valley