A brand-new book explores the inner reasons why startuppers need whole ecosystems to survive and thrive.
"The conversations I have with early-stage founders have to do with how deeply they understand the pain points of their customers." (Sumaiya Balbale, CMO, Sequoia Capital)
INNOVATION LOVES OPENNESS
Entrepreneurial ecosystems characterised by openness to diverse actors generate more firms, study reveals
"Our growth at all costs mindset is no longer viable." (Tom Wehmeier, Partner, Atomico)
ENTREPRENEURSHIP, DIVERSITY AND THE GLOBAL SOUTH GO TO A CONFERENCE
A Call for Paper aims to collect fresh findings at the intersection of entrepreneurship, gender and the global south to nurture budding activism.
“Our world is in big trouble. Divides are growing deeper; inequalities are growing wider; challenges are spreading father... we need hope... we need action across the board.” (UN's Secretary-General, António Guterres)
What makes social movements succeed?
Social movements are behind the most powerful changes in the world – from voting rights to political upheavals to the fight for racial equality. But how do you build a movement that unites millions of people and captures the attention of those in power?
Arguers rather than Storytellers
Crowdfunding: Pitching a project it is not just a matter of storytelling.
More equal societies are more resilient, they are more likely to invest for the many not the few, and to have robust political institutions and consistent policies. And few would disagree that a society that provides opportunity for all of its citizens is more likely to thrive than one which favours an elite, however defined. (Mark Carney, Value(s). Building a better world for all).
"Empirical research shows that start-ups that are more innovative tend to attract greater interest from crowd investors (Le Pendeven and Schwienbacher, 2018). This finding contrasts with reward-based crowdfunding, where Chan and Parhankangas (2017) document that the crowd has a preference to support less innovative projects, perhaps because they face a greater risk if they are not able to deliver the promised reward." (Schwienbacher, 2019)
Do Backer Affiliations Help or Hurt Crowdfunding Success?
Trying to add more backers helps, but when such backers have prior affiliations, it hurts.
Research? A team effort. Crowdfunding research? Well, you need a crowd
Contrary to popular belief, research is a collective effort. My notes about the 5th European Centre for Alternative Finance Research Conference.
So, I’ll present at the 4th European Alternative Finance Research Conference
A study reveals that crowdfunding could encourage future activism in the field of sustainable entrepreneurship and thus help drive global change towards sustainability.
The Impact Of Social Distancing On Entrepreneurial Finance
The unique relational nature of entrepreneurial finance may make it highly susceptible to such a shock owing to the need for face-to-face interaction between investors and entrepreneurs.
Low-quality entrepreneurs seek funding from the crowd, study says
Entrepreneurs who access equity crowdfunding are more likely to fail.
"Systemic shifts require collective intent - something that is still scarce in business communities across the globe. The COVID-19 pandemic has suddenly changed that, and has created the necessary conditions for collective intent. The human race is at a crossroads, and the choices we make now will define future generations and their way of life."
“The economy is not a machine that can be simply turned ‘on’ and ‘off’. It is a complex system, dependent on billions of relationships that are falling apart.”
The Entrepreneurs Network
The long-term objective that we have to face up to is this: we have to develop models of collective action that work with the globality of our situation.
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