Tagged: edited2022-2

The Engaging Story Of People Helping People and Patrick Bet-David

Patrick Bet-David didn’t have an easy childhood. He was born in Iran in 1970, during the Iranian revolution. He suffered from war and all the bad consequences it caused. When he was 10 years old, he and his mother escaped from hell, they left Iran and went to Germany where they spent 2 years living in a refugee camp there. When he was 12, they went to the United States and settled there. But his childhood continued to be a tough one. He was not doing well in school, and all the other kids actually avoided him. When he graduated...

What Is A Seed Accelerator? Seed Stage Venture Capital Financing

A startup accelerator also referred to as a seed accelerator, is a form of a business incubator that is chasing profit by usually acquiring a part of a business and then helping the latter to grow. Its main purpose is to help high-potential business ideas with mentoring, office space, know-how, education, and of course seed capital in exchange for a piece of the equity of the new business. The support is for a certain period of time ranging from 3 to 18 months and it is usually provided at the very beginning of a start-up. Business incubators are different from...

Financing Stages

Funding Stages For Business Financing – Funding Types and Options

Money is the lifeblood of any business. It is the fuel that any company needs at any stage of its existence. No matter how big it is, no matter how many workers are employed, any venture needs financing to stay operational. In this article, we will go through the different stages of financing and see the different ways businesses obtain their money in their life cycle. Funding Stages / Business Financing Stages Seed Funding Stage – this is the very first stage of financing, in which the business may not even be founded yet. This is the money used for...

Seed Capital Funding

What Is Seed Funding? A Simple Definition Of Seed Capital

Seed capital also referred to as seed funding is a commonly used term in the business world. But what does it mean and how exactly is it used? Well, in this article I will try to explain its basics. So, seed funding is a form of financing in which the owner of a business receives money in exchange for a part of the equity of his/her company. It is called ‘seed’ because it happens at the very beginning of the business before even the latter generates any money (before it is started). This makes seed funding a very risky investment...

Peten Cashmore

10 Young Entrepreneurs Who Became Online Millionaires By Starting A Site As Online Business

Pete Cashmore mashable.com Pete Cashmore was born in Banchory, a small town in Scotland, on the 18th of September 1985. When he was in high school he experienced some health issues, because of which he finished high school two years late. He couldn’t go out with friends and he had a lot of time all by himself. He was a teenager experiencing a big need for social contact. This is how social media sites became an important part of his everyday life and he was amazed by the fact that they were changing the way people communicate. He spent a...

Chuck Feenly nowadays

Who Is Chuck Feeney? Founder of DFS, The Atlantic Philanthropies and the “Giving While Living” Movement

Have you heard about Chuck Feeney? Did you know that he is a billionaire and one of the wealthiest people in the world? Most of you probably don’t know him, even though he is one of the American billionaires? Here is why I decided to uncover his amazing biography here. Chuck is an American-Irish philanthropist, the founder of one of the biggest world charitable foundations – “The Atlantic Philanthropies“. Not only he is one of the most successful entrepreneurs in the world, but also he and his organization have changed the lives of so many people without even these people...

What Is Yandex.ru’s Story – How Arkady Yolozh and Arkady Borkovsky Started Up

Yandex.ru is the largest and most popular search engine in Russia. It accounts for just under 65% of the searches that take place within the country. The website is currently the most popular in Russia and attracts users from all over the world, it currently accounts for 1.7% of all search engine queries placed throughout the world. Let’s take a little look at the history of this fantastic website. The company started way back in 1990 when Arkady Yolozh and Arkady Borkovsky teamed up to create the company Arkadia. The company developed MS-DOS Software designed to search for patents. It...

Walt Disney presenting 'Snow white'.

How the Walt Disney World Was Born – a Brief History

Just about everyone on the face of the planet is aware of who Walt Disney is. After all, Disneyland and Mickey Mouse along with everything else relating to these world-famous theme parks have popped up in every corner of the earth. However, there was much more to Walt Disney than just Disneyland and Mickey. We will give you an overview of the man himself and some of his accomplishments during his lifetime. Early Life First of all, he was born as Walter Elias Disney in Chicago on December 5, 1901. When Walt was just 5 the family moved to Missouri....

Gasbuddy shows all stations near me and their prices.

Where Is The Cheapest Gas Near Me? GasBuddy Can Show You The Cheapest Gas Stations Around

Have you heard about GasBuddy? This great business idea was incorporated in Minneapolis, back in 2000, by two guys named Dustin Coupal and Jason Toews. Before launching the company, Dustin was an eye doctor and Jason worked as a computer programmer. Do you remember that around the year 2000, gas prices started to rise? This was how the two entrepreneurs came to the idea of helping people save some money regarding this. Different gas stations offered different prices and there was always a place where filling up your car tank was a sweet bargain. So, the two entrepreneurs decided to...

What Is Godaddy’s Start Up Story? How Bob Parson Founded The Biggest Domain Registrar

GoDaddy (godaddy.com) was founded in 1997 as a web services company by Bob Parsons under the name Jomax Technologies. Three years earlier Parsons sold his financial software company to Intuit for $64 million. In 1999 Jomax changed its name to GoDaddy. The company started in Scottsdale, Arizona, and grew to several facilities operating in Washington DC, California, Colorado, Iowa, and India. Gaining Momentum Parsons created GoDaddy with an emphasis on security and customer support. He invested in high-tech systems to ensure the satisfaction of customers and prevent any abuses of the system. He also added various other services such as...