Archive for July, 2013

Entrepreneur: Students Funding Students: A Look at Campus-Based Investment Funds

July 11, 2013

Derek Kleinow (WG’13) talks about what the Dorm Room Fund team looks for when evaluating applications from student-founded ventures. MORE

Philadelphia Inquirer: Phila. start-up scores with a photo tech turn

July 11, 2013

“The story of Curalate – built on a new search tool for images – is fascinating in itself, both for what it says about creativity and determination and as a window onto the rise of what’s known as ‘the visual Web.'” MORE

VentureBeat: Omar Hamoui: from starving entrepreneur to VC

July 11, 2013

“Omar Hamoui has been on both sides of the fence. He was a starving entrepreneur, hungry for funding and validation. And now he’s a venture capitalist as a partner at Sequoia Capital, chasing after entrepreneurs who are sometimes too busy to talk to him.” MORE

Fast Company: You (Yes, You) Can Help Shape The Future Of Social Entrepreneurship

July 11, 2013

Wharton Entrepreneurship Academic Director Professor Ian MacMillan and Wharton Societal Wealth Program Director Jim Thompson are asking for your feedback to expand their free e-book, The Social Entrepreneur’s Playbook. MORE

Harbor Light News: In the Lab: Lorious

July 11, 2013

Lorious, founded by 2nd year MBA students Henry Hund, Ran Tan and JM Diebold, is creating an online marketplace where users can buy and sell expertise and knowledge. MORE

Business Standard: Investors have lost confidence in the inventory-led business model

July 10, 2013

“Inventory-led companies burn more cash than they should, given their size. On the other hand, the marketplace has more operating leverage, Kunal Bahl (ENG’06/W’06) and Rohit Bansal tell Ankita Rai” MORE

Reuters: Firms tap alums to offer cheaper student loans

July 10, 2013

“Student borrowers are so often underemployed after graduation, they have a hard time paying back their loans and building a good credit history, so they get saddled with high interest rates.” Wharton-alum founded CommonBond seeks to disrupt the student loan industry by offering lower-rate loans to low-risk students from top MBA programs. MORE

Inc: Josh Kopelman on Funding the Next Wave of Start-Ups

July 10, 2013

“With his Dorm Room Fund, the serial entrepreneur is putting more cash in the hands of college start-ups–and that’s a good thing.” MORE

All Things D: An Unlikely Startup Enters the Point-of-Sale Business

July 10, 2013

Wharton-alum founded Warby Parker has decided “to create its own point-of-sale system, with the aim of creating flexible software that will be equal parts payments management and customer management.” MORE

Wall Street Journal: Do One Thing Uniquely Well – GE’s Beth Comstock | WSJ Startup of the Year

July 10, 2013

“GE CMO Beth Comstock says Warby Parker exemplifies the best in startups: they were focused on ‘simplicity and cost’, allowing them to flourish in the eyewear marketplace.” WATCH HERE

Harpers Bazaar: We’re Obsessed: Under the Wire with Warby Parker

July 10, 2013

“Created from Japanese ion-plated titanium in either polished gold or jet silver shades, [the Meridian Collection features] classic aviator shapes reimagined.” MORE

Fierce Biotech IT: Ex-Googlers bring Big Data analytics to oncology

July 10, 2013

Nat Turner (W’08) and Wharton alum Zach Weinberg founded Flatiron Health “to focus on the unstructured, siloed nature of oncology care data.” MORE

Saving with 6abc: Kembrel – Made in the U.S.A.

July 10, 2013

“Stephan Jacob (G’11/WG’11), the owner of Kembrel at 1822 Chestnut Street, selects each piece of merchandise. They must be unique, niche and locally manufactured.” MORE

Forbes: Billionaire Slim Puts $40 Million Into Shazam

July 10, 2013

Congrats CEO Rich Riley (W’96) -‏ Mexican billionaire Carlos Slim puts $40M into Shazam as it expands into TV. MORE

First Round Review: You aren’t born knowing how to be a CEO

July 9, 2013

Brett Hurt (WG’99) “shares the lessons from his own adventures in company building.” MORE

MedCity News: Guess who hooked up? NYC matchmaking contest lists startup and healthcare industry pairs

July 9, 2013

“A commercialization program to match up provider, payer and pharma technology needs with willing and able healthcare startups has announced its 10 finalists. Each will receive $100,000 tied to meeting certain performance milestones. They have three to six months to work with the healthcare group they’re matched with, depending on the complexity of the program.”

  • AdhereTech (founded by Josh Stein WG’12) and Weill Cornell Medical Center. Product: Wireless smart pill bottle
  • Flatiron Health (founded by Nat Turner W’08 and Wharton alum Zach Weinberg) and Continuum Health Partners. Product: Big data analytics for oncology

Forbes: The Shift From Words To Pictures And Implications For Digital Marketers

July 9, 2013

Not sure how to use the visual web to market your business? Apu Gupta (WG’05), founder of Curalate, has some great tips to get you started. MORE

The Economic Times: Success stories of six inspirational women entrepreneurs

July 9, 2013

India’s Economic Times shares Success Stories of Six Inspirational Women Entrepreneurs, including Kanika Dewan W’98. MORE

Pando Daily: VCs on the future of VC

July 9, 2013

Fred Wilson (WG’87) of Union Square Ventures and Josh Kopelman (W’93) of First Round Capital share their opinions about the evolution of the VC industry. MORE

American Banker: SeedInvest Aims to Fix ‘Broken’ Startup Funding Process

July 9, 2013

“SeedInvest [co-founded by Ryan Feit WG’12], an early stage startup itself, has built an online platform designed to make angel investors’ work easier and help them find the types of startups that match their interests and ideals. It aims to make investing in a startup as easy as buying a stock on E-Trade.” MORE

Time: All Eyes on Philanthropy: Warby Parker Hits a Donation Milestone

July 9, 2013

Time Magazine looks at some of Wharton MBA-founded Warby Parker’s milestones, including the donation of their 500,000th pair of glasses. MORE

Next Big What: A Look at LinkLk and How Sanath Fernando is Creating Platform Business in Sri Lanka

July 2, 2013

“LinkLk [founded by Sanath Fernando, EE’92/W’92/GEE’93] is essentially a platform play that has launched services like FinanceLK (Mint for SL), CabsLK  (online cab booking service), SportsLK  and TicketsLK  (online ticketing service). Importantly, Sanath is incubating a team of entrepreneurs who are taking the LinkLK platform to different verticals.” MORE

Wall Street Journal Startup of the Year

July 2, 2013

Asius Technologies (Steve Lebischak WG’02) nominated for the Wall Street Journal’s Startup of the Year – VOTE NOW

Yahoo! News: Zynga CEO steps down, Microsoft exec to take post

July 2, 2013

“Mark Pincus will be replaced on Monday, July 8, by Don Mattrick, who was most recently head of Microsoft’s Xbox division. Zynga said Monday that Pincus, who founded Zynga Inc. and named it after his American bulldog in 2007, will stay on as chairman and chief product officer.” MORE

TechCrunch: Origami Labs Acquires FamilyLeaf, A Competing Private Social Network For Families

July 1, 2013

FamilyLeaf was a member of Y-Combinator’s 2012 class and co-founded by Wharton undergrad alum Wesley Zhao. MORE