Browsing: venture capital

This is probably the dream of every emerging entrepreneur – create a start-up and have it acquired by a major company. In 2010, Divya Gugnani, Mariah Chase and ‘Project Runway’ winner Christian Siriano launched Send the Trend, an innovative fashion e-commerce site, raising $ 3 million in venture capital – and then they just worked at nurturing it and creating a unique company.

QVC, the giant home shopping network, obviously liked what it saw because it has acquired Send the Trend for an undisclosed amount.

The young company founder—who previously had been unable to make ends meet—was seen driving around in a fancy red Corvette. When confronted, he retorted that he hadn’t started his business to live the life of a hermit; he needed to keep his girlfriend happy and enjoy life.

Software patents are just nuclear weapons in an arms race. They don’t foster innovation, they inhibit it. That’s because things change rapidly in this industry. Speed and technological obsolescence are the only protections that matter. Fledgling startups have to worry more about some big player or patent troll pulling out a big gun and bankrupting them with a frivolous lawsuit than they do about someone stealing their ideas.

McMansions, hefty bank balances, unfettered success, Ivy League schools, a world embroidered with dollar signs.

For many Indian immigrants, that was the fabric of the American Dream. Add to that a Lexus and maybe a BMW in the double car garage, lots of travel, lots of dining out, and the ability to live a rich lifestyle.

For other Indian immigrants, the American Dream was much more modest—just the ability to survive, to consolidate some savings and send funds back home to family members still in the village.
Yet all these dreams, big and small, modest and immodest, have been gathered, whipped up and churned in the ruthless and noisy cement mixer of the economy—pummeled, pushed and battered by the worst crisis in memory as the global economy has taken a severe beating.

Dyyno is a tech innovation birthed by some superior minds at Stanford that could revolutionize video distribution on the web, by empowering big and small groups with their own video channel for live blogging, as it can broadcast straight from the computer to tens of thousands of people.
Meet Raj Jaswa, the serial entrepreneur behind Dyyno