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March 2017 Archives

Alphabet asserts third patent claim against Uber

Colorado residents may be aware of the ongoing legal dispute between Alphabet and Uber about self-driving car technology. Alphabet, the parent company of Google, previously filed an intellectual property lawsuit against Uber, and the company has now added a patent claim to its complaint.

The importance of a business plan for funding in Colorado

A number of individuals who have great ideas for new products never obtain the funding they are seeking. One reason for this may be that they have created workable product plans but not full business plans. In reality, both are essential parts of starting up a successful organization.

Businesses outside major cities may struggle for venture capital

Venture capital may be less accessible for investors in Colorado and other locations outside of the Silicon Valley, according to one report. It found that almost half of every dollar of venture capital goes to Silicon Valley. Los Angeles, New York and Boston receive almost a third of all investments, so there is less than 25 cents of each dollar remaining for the rest of the country. In 2015, five states didn't receive any venture capital investments.

More metro-area businesses are closing than opening

Colorado entrepreneurs who are interested in starting their own businesses should be aware of the results of a report that has been released by the Economic Innovation Group. It showed that in 2014, the most recent year with available data, there were more company closures that startups in two-thirds of all metropolitan areas around the country.