Monday, 12 April 2021

Visualistan

Visualistan


Accelerator vs Startup Studio #Infographic

Posted: 12 Apr 2021 12:00 PM PDT

Accelerator vs Startup Studio

When it comes to starting and launching a business, founders have several models from which to choose. Each model is unique and presents its own pros and cons, and determining which is the best solution, ultimately comes down to the specific needs of the founder and their startup. Two of the most well-known models for establishing and launching successful startups are accelerators and startup studios. Entrepreneurs often confuse these two startup models; however, while they share a few similarities, they are fundamentally different in key ways. To determine what model is right for you, let's take a deep dive into the nuances, pros, and cons of the accelerator and startup studio models. 


Which model is better for launching a startup? The answer is: it depends! While both accelerators and startup studios are viable options for entrepreneurs, their approach and end results are vastly different. If you have already established the foundation of your company and are simply seeking a program that will give you a competitive edge, an accelerator is likely your best bet. Understand that, while this will give you access to expert tips and insights, your success as a company has no guarantee beyond graduation.


Accelerator vs Startup Studio

Infographic by: medium


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What does the 2022 budget plan by Joe Biden looks like #infographic

Posted: 12 Apr 2021 10:55 AM PDT

What does the 2022 budget plan by Joe Biden look like

The President of the United States, Joe Biden released his budget proposal for the fiscal year 2022 on April 9th. There are various factors that the US President covered in his $1.52 trillion discretionary budget proposal. The infographic below visualizes in detail and reveals what does the 2022 budget proposal by Biden looks like.

According to the graphic, Biden has improved funding policies for various cabinet departments. However, the sole purpose of this budget proposal is to provide enough funding so that climate change can be combated effectively also, the funds to control the spread of disease is also another major purpose of this budget proposal.

As the budget suggests, the most massive boost in spending is for education. Biden has proposed $29.8 billion for the education sector that is incredibly 41 percent more than that in 2021. Through the extra funds, students in poor areas or with disabilities will be supported.
Joe Biden has also kept health and human service a major consideration with around $1.6 billion for the mental health sector whereas $10.7 billion are granted in order to overcome the opioid crisis.

The budget proposal by Joe Biden shows an increase in almost every major category however, the sector that has been granted with the least increase in comparison to 2021 spending, is the defense. This major category is granted a hefty $715 billion which is only 2 percent more than the 2021 spending.

Remember, this is just a proposal that has to grow through various processes in order to get passed. Since there is a slim majority held by the Democrats, Biden's proposal is not expected to get approved by Congress without any alterations. The entire process will require a couple of months to be completed finally.

What does the 2022 budget plan by Joe Biden look like
Infographic by: Visualcapitalist.com

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What do you need to properly launch Start-Up? #Infographic

Posted: 12 Apr 2021 06:31 AM PDT

What do you need to properly launch Start-Up?

With over 160,000 US businesses closing permanently due to the pandemic, it may be problematic to say this is an exciting time for entrepreneurs and investors — but hear me out. 


Even with the world on pause, investors have been throwing capital at startups like there's no tomorrow (no pun intended). This is mainly because, in recent years, the startup economy has seen exponential growth with new investment models which, categorically, did not catch on until about five years ago. These new funding platforms are connecting entrepreneurs with the right investor who will provide necessary capital and resources, allowing the startup to avoid risk, expedite efficiency, and keep startup momentum moving forward. 

In the past two years, this has been my exact experience with the acquisition of Stripe Theory — an Atlanta-based digital agency I created back in 2015 — by ACC. And though, like many startups, we have encountered our fair share of ups-and-downs in 2020, both companies have shown remarkable resilience, and I couldn't be happier to have leveraged our skill sets with a partner who is aligned with our vision.


What do you need to properly launch Start-Up?

Infographic by: medium


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Top Investment Models for Start-Up #Infographic

Posted: 12 Apr 2021 06:07 AM PDT

Top Investment Models for Start-Up

Differences in Startup Studios 

The differences between accelerators, VCs, and angel investors can often be subjective nuances when not looking at the individual company directly. However, with a startup studio, you're essentially hiring a team of experienced professionals who come with every resource necessary to build a startup from scratch. Startups are risky, and the earlier it is, the riskier they are to invest in. Therefore, startup studios are the hardest platform to get into. Some studios like Betaworks, Science Inc., and Human Ventures accept outside pitches, and if they like the idea, will bring in founders to execute the vision. 

Many other studios such as Atomic, Pioneer Square Labs, Rocket Internet, Wilbur Labs, eFounders, and Idealab generate all ideas in-house and do not allow outside entrepreneurs to pitch ideas or submit an application. That is not to say entrepreneurs can't get their foot in their door. I highly recommend entrepreneurs check out each website, as many of these studios are seeking creative, passionate self-starters to disrupt the status quo. 


Be aware that startup studio business models rapidly evolve in the startup ecosystem. I expect to see this business model to be refined given the success of the studio, the number of projects under their belt, and the quality of outside ideas being developed. Keep an eye out in the future for collaborations between outside entities and studios as business models continue to replicate successful venture projects.


Top Investment Models for Start-Up

Infographic by: medium


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