the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
Entrepreneurship: Companies are now getting built faster than ever before: Groupon, Twitter, Zynga, Pinterest, etc. What are the major underlying factors for this?
AS
AS
Alexandra Skey, Cofounder at Ella answered:

Access.

To mentors.

And to money.

Both are increasing.

Briefly....

1. The accelerator craze is generating more opportunities for people to test ideas. There were 12 incubators in the USA in the 80's, now there are 1,250 in North America and over 7,000 worldwide. So, despite concerns around the startup bubble these accelerators might cause, we’re hungry for entrepreneurs and we’re investing in environments for them to build companies at an alarming rate.

2. It’s easier than it’s ever been for anyone to connect with entrepreneurs. On Twitter and LinkedIn. In co-working spaces. At coffee shops. Events. And of course, on Clarity!

So you can get advice from those who have done it before, which will increase your odds of success. Or at least help you fail faster so you can learn faster and build your next venture to faster to try and succeed faster. It's all about scale.

This hyperconnection also builds relationships around the globe, fueling even more access to mentors and resources.

3. More startup capital. Both from VCs, angels as well as newer, more nimble models, like microfinancing (74+ million entrepreneurs are involved in microfinancing with $23+ billion worth of capital) and crowdfunding.

4. On top of that, business costs keep falling due to cloud and crowdsourced technology. And access to mentorship is expediting the ability for anyone to create the next big thing.

We are at the beginning of an entrepreneurial revival. I speak a lot about this in my book, but it's not on shelves yet.

However, if you want to chat about it, give me a shout.

Best of luck!

Talk to Alexandra Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.