For the exclusive use of M. Johnston 9-812-033 OCTOBER 19, 2011 RAMANA NANDA WILLIAM R. KERR LAUREN BARLEY PunchTab, Inc. It was February 2011, and Ranjith Kumaran, cofounder of Menlo Park, California-based startup PunchTab, Inc., smiled as he recalled the recent online New York Post article “$150,000 & A Dream.” The article illustrated the entrepreneur-friendly nature of the current financing environment and the creativity investors were using to gain access to early-stage companies. (See Exhibit 1 for article.) Kumaran felt fortunate to be starting a company in this environment. He recently left his first startup YouSendIt to start PunchTab, an Internet-based turnkey customer loyalty program for website owners, mobile application …show more content…
He described the genesis for his venture: I’d been an engineer; I’d worked in sales and I’d worked in marketing. As an engineer, I needed to transfer files like source code to other team members; as a sales professional, demos to prospective customers; and as a marketer, PowerPoint presentations to the trade show floor. In many cases, I would find myself burning a CD and driving it over, which was a horrible waste of time. I am a fairly technical person, so I figured there had to be millions of nontechnical people, particularly in small work environments without much IT support, who couldn’t solve this problem of transferring a large file electronically. In May 2004, the cofounders attended TiEcon, a large annual conference in Silicon Valley held by TiE (formerly The Indus Entrepreneurs) to foster entrepreneurship. TiE was founded in Silicon Valley in 1992 by eight entrepreneurs from India, and by 2011, it was a global network of entrepreneurs and professionals with 54 chapters in 13 countries with more than 13,000 members. At TiEcon, the trio pitched their company to potential investors, but found it was too early stage to garner much VC interest. However, they did meet Venky Harinarayan and Anand Rajaraman of Cambrian Ventures, which had a $25 million seed fund for technology
unnoticed by the securities markets. Indeed, the company’s market value grew from less than $30
The Vinsun case presents an interesting dilemma encompassing innovation, organizational culture and financial implications. Faced with a decision that will either vault Vinsun into prominence or sink them into oblivion with the other failed enterprises, CEO Sunil Satav must tread carefully to ensure he avoids the latter. Before delving into the options and their merits, let us first consider the status quo and assess why it is unsustainable going forward.
• Amabile: How to Kill Creativity? Harvard Business Review 1998 (course packet; writeup 1. For Feb 5)
potential to generate $100 million in new business within two to three years, and were a key part of
The mystique and murk that shroud the legend and disparate accounts of the mysterious Little Egypt – who stirred up much controversy in the United States in the time after the Chicago Columbian Exposition of 1893 – only highlights the significance of the character in the evolution of belly dance and America’s perception of it. Most historical memoirs of danse du ventre, known as belly dancing, mention that it entered America through the 1893 Chicago Columbian Exposition. Concessions such as the Algerian, the Ottoman, the Persian as well as the Egyptian incorporated belly dance to draw crowds’ attention, profiting more in the process. Because of the nature of this exotic dance and its fluid arm and hand movements as well as isolations and shimmies of the shoulder, pelvis, abdominal muscles and head, its exposition spread rumors all over the country. Many flocked to see it. Nevertheless, the notorious name of Little Egypt came to be known from the Street in Cairo, owing to the several exotic shows that attracted many Americans. Even in the twenty-first century, Little Egypt’s name is still a mystery, having become a legend that has lured many dancers.
When it comes to the health of you and your family, you deserve quality, reliable medical care. Thankfully, the compassionate and experienced professionals at Coryell Memorial Healthcare System in Gatesville, TX, understand this. From home health care to emergency surgical services, the staff will always be there for you when you need them.
Walnut Venture Associates are a group of angel investors. In 1997 the club had around a dozen individual investors, forming an “angel group”. Their primary targets are investments ranging from $250,000 to $1,000,000. This is due to the gap of capital funds initiated by the VC’s from not considering investments bellow $1 million. Also, angel investors can acquire significant equity at low cost, and help the growth of the company with their knowledge and expertise. By selecting only the most exceptional people and ideas, investments in startups can lead to massive returns on relatively small investments. As unexperienced entrepreneurs, they are a key resource to have in order to achieve quick growth, and secure the company’s early stages.
Another issue was the finance from the conventional sources which were reluctant to invest. They would need at least £235,000 to add to their own invest of £45,000 to cover the costs and operational losses for 12 months period. But, if it works out, then they would at £1 million profit by year five. Despite their enthusiasm and impressive CVs, the business angels deterred by their lack of experience in this market sector. However, they managed to get an appointment with Maurice Pinto, a private investor, who agreed to invest £235,000 for a 20 percent share in the company.
My parents enrolled me into Our Lady of Grace Catholic School in 2014 creating a pivotal moment in my life. Discovering that the school has a policy about service hours made me anxious, since I am quiet and a reserved individual. At that moment, I realized that my journey was not just making respectful grades. It turned into finding myself through faith. Nonetheless, I decided to be open-minded, and see how my journey evolves.
AN INTERVIEW WITH TOM CHAPMAN 92602 RAVI VENKATESAN STRATEGIC SOURC1NG: TO MAKE OR NOT TO MAKE 92610 AMAR BHIDE BOOTSTRAP FINANCE: THE ART OF START-UPS 92601 WILLIAM G. PAGONIS THE WORK OF THE LEADER 92607 LAWRENCE R. ROTHSTEIN HBR CASE STUDY THE CASE OF THE TEMPERAMENTAL TALENT 92608 DAVID H. FREEDMAN IN QUESTION IS MANAGEMENT STILL
1. 1. Consider the 4 approaches to creativity. What approaches has Apple relied upon? What alternative have others firms in the industry pursued? What other stoves could Apple implement?
Big business versus small business has been an issue since business started. Small businesses need to have a solid structure and a large backing of consumers to survive against big business. Josh Novak had a successful model for Glow-Foods and International Food Group (IFG) saw that. They were so impressed with his IT plan at Glow-Foods, they offered him a job at their IT office with a team to help their demographic. Josh was excited yet hesitant as he knew IFG was
Harvard business essentials : managing creativity and innovation, 2003, Harvard Business School Press, Boston, Mass.
On the other hand, this is a tech corporation whose very existence relies on creativity. Th