What Do Startups Look For When Hiring?

By Karthik Sridharan W’07/ENG’07, Co-founder and CEO of Kinnek

“What do startups look for when hiring?” That’s a question that I get asked all the time, and unfortunately, there’s no simple, all-encompassing answer. It’s of course difficult to generalize across startups in different sectors and sub-sectors, and every team has their own preferences as to how they want to build their organization and culture. However, I think a very important thing to understand is how the hiring needs of a startup vary tremendously according to what lifecycle stage the company is in.

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The 5 Heroes of the Entrepreneurial Journey

By Sara Haq W’06, Founder and Principal of SH International

The entrepreneurial journey can be lonely, and it is certainly beset with challenges. But as any quest, the path toward founding a company will include heroes—people who step in and aid you at just the moment when you need them most.

In this post I’ll tell you a little about my own entrepreneurial journey thus far, and describe the 5 hero archetypes I’ve met, and how they helped me along the way. It’s a little bit of a public “thank you,” and also, I hope, an inspiration to those of you at the beginning, or a low point, of your entrepreneurial quest. You will meet heroes along the way. Keep an eye out for them.

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Why I Went Back

Michael Taormina WG’15, Co-founder of CommonBond

Last Sunday, I graduated as a member of the MBA Class of 2015. Sure, it took me four years to graduate from the two-year program…but it was for good reason and certainly worth the wait. Originally a member of the Class of 2013, I took a leave of absence in 2012 to focus full-time on CommonBond, a marketplace lending platform for student loans that I co-founded in fall 2011 during my first semester at Wharton.

Mike Taormina WG'15 with his fiancee Sarah at Commencement.

Michael Taormina WG’15 with his fiancee Sarah at Commencement.

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“Fundamentally Changing Marketing”: Alex Campbell W’98

Alex Campbell W’98 was into mobile marketing before “mobile” really existed, and that’s why we believe him when he says that the company he founded straight out of undergrad, Vibes, is “fundamentally changing marketing.”

Watch him discuss mobile marketing in 1998, and why there’s no better time to start a company than the day you graduate from Wharton.

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Reflections of a New VIP Member: To Good Beginnings and Sound Sailings!

By Tess Michaels C’15/W’15, Founder of Soceana

Editor’s note: Tess Michaels was recently accepted into our educational incubator, the Venture Initiation Program. We asked her to reflect on why she wanted to join VIP, and what she hopes to gain from the experience.

On my 21st birthday, I learned a doozy of a lesson from a serial entrepreneur. If I want my company to be valuable, I must have a secret—one that results from charting an uncommon vision and exploring uncharted frontiers. The advice came from Peter Thiel, who was in Philly for a book signing.

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How YouthHack Happened: Behind the Scenes of YouthHack Philadelphia “Shark Tank” Challenge 2015

By David Ongchoco C’18, Co-founder of ThirdEye and YouthHack

Editor’s note: Wharton Entrepreneurship was a proud sponsor of YouthHack Philadelphia.

Last April 26, 2015, about thirty or so high school students got the opportunity to dive into the startup world at the YouthHack Philadelphia “Shark Tank” Challenge 2015. The one-day startup immersion gave high school students the opportunity to hear from the likes of Scholly CEO Christopher Gray, GlassU CEO Daniel Fine (W’15), DinoEnterprise Marketing Director Johnathan Grzybowski, Schoolyard Ventures CEO Rich Sedmak, RJ Metrics COO Jake Stein (W’06), and SeventySix Capital Managing Partner Wayne Kimmel.

The YouthHack Philly Organizing Team: David Ongchoco, Dhuv Agarwal, Michelle Abigan, and Nibras Islam.

The YouthHack Philly Organizing Team: David Ongchoco, Dhuv Agarwal, Michelle Abigan, and Nibras Islam. Photo by Sabino Padilla.

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$7500 Each to Tesorio and Take Command Health

By Nadine Kavanaugh, Associate Director, Wharton Entrepreneurship

The spring is an action-packed time for Wharton Entrepreneurship. The Venture Finals capped another exciting year of our Business Plan Competition, the Wharton Venture Award was given out, and a new class of Venture Initiation Program members was admitted.

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Winds of Change in Entrepreneurial Finance

By Bruce Blechman W’61, Founder of The Capital Institute

Editor’s Note: This post was previously published on the Wharton Magazine blog.

What was intended when President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act on April 5, 2012, is here. It has taken three years to start thanks to the SEC taking its time to put out its regulations, but for the first time in 82 years, anyone with capital can invest in any private business in the country. Nonaccredited investors and anyone who is not a millionaire, which is to say 98 percent of the population, can put hard-earned money to work helping entrepreneurs build this country back to where it was years ago when that privilege was taken from them by the 1933 Securities Act.

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Bungalow Insurance Wins Wharton Business Plan Competition Perlman Grand Prize

By Nadine Kavanaugh, Associate Director, Wharton Entrepreneurship

Bungalow Insurance won the $30,000 Perlman Grand Prize of the 2015 Wharton Business Plan Competition. The prize was awarded at the Wharton School’s annual Venture Finals on April 30, 2015, where student finalists received more than $128,000 in combined cash prizes and in-kind legal/accounting services.

2015 Business Plan Competition Perlman Grand Prize Winners Zack Stiefler WG'15 and Tom Austin WG'15, founders of Bungalow Insurance.

2015 Business Plan Competition Perlman Grand Prize Winners Zack Stiefler WG’15 and Tom Austin WG’15, founders of Bungalow Insurance.

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Come to the 2015 #WhartonBPC Venture Finals!

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