In the News

Why Women Entrepreneurs Underestimate Themselves And What We Can Do About It

A recent report finds that more than 200 million women across the world are starting and running new businesses. According to the Global Entrepreneurship Monitor (GEM),  although men are still 50% more likely to become entrepreneurs, women are steadily gaining ground. The gender gap narrowed by 6% from 2012 to 2014, and in ten nations women are now just as likely as men to start new businesses.
 

The Startup Ecosystems of Westeros

Given how medieval startups can be, it’s easy to identify common traits of many startups in the Houses that the lords and ladies of Westeros in Game of Thrones run. Each of these houses needs to leverage the talents on their team and the limited resources they have in order to secure the Iron Throne, taking massive, life-threatening risks in the process. 
 
Here’s what types of startups we think the houses and characters of Game of Thrones represent: 
 
House Stark: Winter is Coming

In the Third Wave - Startups Will Finally Grow Up

From the nearly endless consumption of snacks, to the nerf darts that litter the floor and “pods” that are available for napping -- the hallmarks of offices built by top startup executives are deliberately engineered to encourage “play,” not work. You see this lampooned in HBO’s Silicon Valley, but for the past few years, entrepreneurship has been imbued with a certain sense of infantilism. 
 

Sell First; Scale Later

Here's the problem with building something that you predictively think will work: there's a big chance it could fail or come crashing down. 
 
Your software should do one or two things, and do them really well. Feature creep, over-engineering and over-optimizing for anything will take your product into a dark abyss from which there's no return. The main aim for any founder or engineering team should be to build an MVP first, then have the confidence to sell the product yourself. 
 

Considering Words

People often talk about actions, but tend to overlook words. The words we use significantly shape the way we think and see the world.

How to Build a Successful MassChallenge Application

To better help startups applying to MassChallenge tell their story, we’ve asked some of our top alumni for their advice on how to craft a winning MassChallenge application:
 
Mickey Cockrell, Catie’s Closet:
 

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