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The Washington Business Journal

Top 15 WBJ Quotes of the Year

 

Quotes of the Year
WBJ Staff

     "If everything is amazing, eventually nothing is amazing." —Startup investor and blogger Glen Hellman, in August (Read More)

The Washington Business Journal

Introducing Washington's
Chief Agitator

Spreading Tough Love for DC Tech

Mr. Cranky: Glen Hellman calls it like he sees it, whether D.C. tech likes it or not
by Bill Flook

     Glen Hellman has a knack for making blood boil.

     This was on full display in a Facebook message Hellman posted in June, jabbing at the Northern Virginia Technology Council’s new board roster. The lineup, Hellman suggested, was inordinately packed with representatives of Fortune 500 companies — not startups. read more

The Washington Post

The critical importance of having the right people in the right seats on the bus

Capital Business - Young firms often need right executive talent
by Steven Olverly

     “You have very few CEOs who can take a company from a start-up based on the force of his personality and vision, and drive it to a billion-plus company and 10,000 employees and still run that company,” said Glen Hellman, the “chief entrepreneureator” at a company-building consultancy called Driven Forward.

     Hellman has parachuted into four start-ups at the request of investors. In most cases, investors had lost confidence in the executive’s ability to lead or willingness to tell the truth, Hellman said.“The combination of the fact that [tech stocks] are on sale, and the fact that they’re much more liquid than an angel investment, makes them much more attractive compared to how they were three months ago,” said Glen Hellman, an angel investor and principal at Driven Forward LLC. read more

The Washington Business Journal

The threat posed to startup tech companies seeking VC or Angel Investment when the stock market is down

Venture Capital Focus - Investors mull whether the summer tech startup boom could be facing an ominous exit-plan storm cloud 
by Bill Flook

     “The combination of the fact that [tech stocks] are on sale, and the fact that they’re much more liquid than an angel investment, makes them much more attractive compared to how they were three months ago,” said Glen Hellman, an angel investor and principal at Driven Forward LLC. read more

The Washington Business Journal

The prospects for a new DC Venture Fund focused exclusively on health tech

New $50M fund targets health care technology firms
by Ben Fischer

     The new fund will not find any shortage of potential portfolio companies, said Glen Hellman, an angel investor and chairman of Driven Forward LLC, a District-based strategic adviser to entrepreneurs.

     “That part of their premise is right on,” Hellman said. “They come down to the angel level, because the [New Enterprise Associates] and the Grotechs of the world just won’t give that little amount of money.”

     But Hellman said the surge in entrepreneurial activity at that level comes with a pronounced need for subject matter expertise, to discern the true gems. read more

Startup America Status Webinar

Startup America Webinar on Glen Hellman fforts to create mentoring partnerships

The Importance of Mentors for Startups
by Scott Case and Kathleen Warner

     When it comes to mentors and investors, Case said that an important aspect of heading a high-growth startup is investing in creating a network of people who care about your success as much as you do, and to think of it as an advisory group. Startup America, on their end, will be working to make mentors and advisors available to partners. Driven Forward’s Glen Hellman has more on that with his guest blog post on SAP’s website, The Video and The Blog.

The Washington Business Journal

New innovative
small business
methods to raise capital

Unconventional investor matchups take root
by Bill Flook

     New, unconventional channels that entrepreneurs can use to find investors are beginning to crop up in the Washington area, part of a burgeoning shift in the traditional venture capital pitch

     “It’s a Herculean effort to get CEOs to constantly focus their story and drill it down and crystallize it into something that’s easy to understand,” Hellman said. “We’re constantly coaching them on less, less, less — less is more.” read more

Startup America Blog

Giving Back
to Entrepreneurship

Lowering Barriers To Success

     Glen Hellman got his introduction to entrepreneurship straight out of graduating from University of Maryland in 1978 when he joined Lexitron Corporation, a company who developed the  precursor to the PC and the first word processor with a screen.  Lexitron quickly went public and was purchased by Raytheon Data Systems and from then on, Hellman has been hooked on start-ups. read more

Wall Street Journal

Tweeting for capital in 10, 140 character tweets
 

Tweet Your Way to VC, Angel Funding
by Sarah E. Needleman

     The elevator pitch has a found a new home on Twitter.

     Entrepreneurs who registered in advance are invited to pitch venture capitalists and angel investors today via Twitter on the opportunity to invest in their businesses. Participants can submit up to 10 tweets, each of which is limited to 140 characters or less. What’s more, the person who submits the best Twitter pitch will receive a $2,000 prize. read more

 

 

Additional Archived News

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   @glehel

Attention all paranoid hypochondriacs, here's a @washingtonpost graphic showing how likely things are to kill you: ow.ly/DzF8G