Forbes Archive

How These 20-Year-Olds Raised $13M And Built A Massive Food Tech Company

Eric Martell started EatStreet, the largest independent food ordering company in the United States, when he was 20 years old with two classmates at the University of Wisconsin. EatStreet has raised $13 million and powers the online ordering of 15,000 restaurants nationwide. The startup, founded in 2010, exists in a cohort of foodtech and delivery companies that have some impressive deal flow: Instacart raised $220 …

Innovation And Investment Dollars Turn To A New Region: The Midwest

It may seem as if entrepreneurship and venture capital are exclusively tied to the east and west coasts. In many cases this is true. A recent report derived by SSTI from PricewaterhouseCoopers Moneytree Survey Data shows that California attracted 53% of all venture capital dollars in 2012 in the United States followed by Maryland and New York City with a combined 19% of VC …

Surfing Big Waves and Big Markets

This post originally appeared on Forbes.com. “You don’t need to paddle as hard for the bigger waves” That’s what Kaoki, my surfing instructor, told me during my first surf lesson on the shores of Maui two weeks ago. It was as if he was some executive coach because everything he said to me made complete sense from a business perspective. In the back of my mind I was …

Acquisition Breathes Life Into Emerging Digital Death Industry

This post originally appeared on Forbes.com. Nathan Lustig and Jesse Davis are the cofounders of Entrustet, a company that helps you access, transfer and delete your digital assets when you die. The company was acquired by SecureSafe, a the market leader in secure online storage and digital inheritance. Entrustet is Lustig and Davis’ second company that has been acquired. I caught up with them today to ask them …

5 Corporate Hacks to Make Your Company More Social

This post originally appeared on Forbes.com. If Facebook has taught us anything over the past few years it has taught us this: 1. A hacker culture works to drive accelerated growth in a business. Mark Zuckerberg writes in a letter to his investors, “Hackers believe that something can always be better, and that nothing is ever complete. They just have to go fix it — often in the face of …

3 Short Stories from 3 NYC Startups

This post originally appeared on Forbes.com. Our society celebrates the buzzy and bubbly – acquisitions, funding events, mergers, new hires. As entrepreneurs, most of the buzzy stories we read are rather useless. They serve no practical application to help grow our respective businesses. This is why great entrepreneurs get out in the field and engage in as many conversations as they can with those they respect. They want to hear firsthand how people …

3 Ways to Disconnect

This post originally appeared on Forbes.com. Technology has democratized information and in turn has fueled hyper consumption. On a daily basis, we are assaulted with new content that we must consciously choose to engage with or disregard. Whether it is a text message from a friend, a real time twitter feed, the latest youtube sensation, or even this very blog post, we are constantly plugged in to a hyper connected …