Some people have online marketplace ideas that they simply believe in. Other people want to be part of a prosperous industry and will think of an idea so that they can be a part of it. Either way, the aim of the game is to build a marketplace that is successful with a large vendor and customer base and, of course, frequent transactions. All good businesses start with...

A study of 600 business and IT executives by software development firm Geneca found that 75% admitted that their projects were ‘always’ or ‘usually doomed from the start.’ (1) So it’s no surprise that about 14% of all software projects fail. (2) Software project fails can be costly. In 2001, problems with Nike’s...

Technology moves at an incredibly fast pace. If it were a runner, it’d be Usain Bolt. Since 2007 alone, technological advances have shaped the world we know today. That was the year:  Steve Jobs introduced the iPhoneAmazon launched the KindleGoogle was about to release the Android operating systemTwitter got its own platformThree roommates in San Francisco came up...

Although not a prerequisite, fast growth is one of the defining traits of many successful tech or SaaS startups. At least those well-known tech startup success stories—companies like Uber, Snapchat and Facebook for example. With startup costs ranging anywhere from tens to hundreds of thousands, and beyond. There’s a multitude of ways businesses are funded. Each with their own...