“The number one problem I’ve seen for startups, is they don’t actually have product/market fit, when they think they do.” Alex Schultz. “40% confuse a prototype and an MVP. A prototype is essentially a sample. Its for you to show that you can turn your idea into a product. Its in the lab- does not … Read moreProduct Market Fit
Exciting developments in the Ecosystem. Last Friday, 19.02.2021 The Innovation Hub Space was opened at the Fourah Bay College.This is an exciting addition to the ecosystem. I have always maintained that we need an Incubator / Hub at the FBC- far too many ideas where not been commercialized. In fact, two years ago, Eng Trude … Read moreFBC opens Innovation Hub
Special Project founders CEO Sam Lucas (left) and Chief Technology Officer Paul Burton. The two met as undergraduates at Montana State University. (Special Project Photos) It’s not easy to raise more than $2 million in a pre-seed round without a minimally viable product, let alone when the team making the pitch is still in their … Read moreNo company, no product, no problem: Video platform raises $2.3M by leveraging earlier success
Michael Li Contributor Tianhui Michael Li is founder of The Data Incubator, an eight-week fellowship to help PhDs and postdocs transition from academia into industry. Previously, he headed monetization data science at Foursquare and has worked at Google, Andreessen Horowitz, J.P. Morgan and D.E. Shaw. More posts by this contributor Five building blocks of … Read moreWhat’s different about hiring data scientists in 2020?
Bay Area-based startup Coda raised a $80 million round led by Kleiner Perkins for its online document collaboration software. Founded in 2014 and led by Shishir Mehrotra, a former director at Microsoft and Google, Coda brings together documents, spreadsheets, and apps into one platform. It uses “building blocks,” templates, and customizable views, and also connects … Read moreMadrona invests in $80M round for online document startup Coda, led by ex-Microsoft and YouTube director