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How the New York City innovation community can still lose (and what you can do about it)

This is going to be BIG.

But I am also someone who is very colored by my past experience of seeing the venture implosion after the first bubble and walking through the fundraising tumbleweed of late 2008. Here's how you can prevent this NYC renaisannce from being a forest fire: Fail fast. If it doesn't, you pack up your marbles and go home to try something else.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Founded in 2008 in Santa Monica by Ron Goldman (former CRO of shopping.com) and Rahul Sonnad. Incubated by Clearstone Ventures in 2008. Current round: $4. led by Altos Ventures and Maverick Capital, with Larry Braitman. Total raised: $6.0mm. See: TechCrunch.

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ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

TechCrunch

It has 20 corporate partners that startups collaborate with while they are in ZEBOX’s incubator, including BNP Paribas, CEVA Logistics, Infosys, BNSG Railway, Port of Virginia and Centrime. The company says it has already reduced carbon emissions per container carried by 50% since 2008.

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Subak, which incubates data-for-climate not-for-profits, announces six startups in 2022 cohort

TechCrunch

based incubator focused on nonprofit startups that are addressing climate-related challenges through open-source data initiatives has announced the six startups which will be put through its 2022 program. The incubator was founded by Baroness Bryony Worthington, who was the lead author of the U.K.’s

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Despite economic downturn, space startup funding defies gravity

TechCrunch

“We looked back historically over the last decade and a little bit more, and it turns out that even during the 2008-2009 economic downturn, the space industry continued to grow at 7% per year,” Crawford said, adding that they saw almost no correlation between the performance of the Global S&P 1200 and the space industry.

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It’s Morning in Venture Capital

Both Sides of the Table

This has led to the creation of incubators, accelerators and seed funds. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. If you want to understand the details of why this is, I covered it in detail in this post, Understanding Changes in the Software Industry.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Wildfire was one of the darlings of the fbFund incubator program. Marketing and lead automation software for businesses; claim to have largest market share in sector since March 2008. In late April 2010, VentureBeat published that Blippy credit card numbers were published on Google search: [link] followed by Blippy’s response.