When you hear the word crowdfunding your mind might immediately think of the campaigns people post on Facebook to help with their college books or spring break plane ticket. But, believe it or not, there are other ways to raise money for your small business other than posting a link on Facebook. Reward, debt, donation, and equity are four types of crowdfunding and each has its own set of benefits to bring to your company’s situation. Discovering the pros and…
Tag Archives: investment
Truth vs. Myth: Working With An Offsite Team
Every project has challenges and often times the concept of working with an offsite technical team seems like it would amplify those issues. This is because there are several common misconceptions surrounding collaboration with a globally distributed team. In an effort to address and put to rest some of these concerns, I have gathered a list of typical myths surrounding this type of work. Let’s see if I can debunk them all! Myth: “I will never interact with the technical…
Farshore Partner Artifact Uprising Acquired by VSCO
Today, we are honored to announce the acquisition of Artifact Uprising, a Dashfire portfolio company, by VSCO. There is no singular path for startup success, just a number of right paths; most of which are celebrated as successful in hindsight. The founders of AU, Jenna, Katie, and Matty, paved their own path. In fact, had they shared their roadmap with the startup community, it would have likely received the standard “just what the world does not need, another photo book company” commentary. But AU…
FarShore Partner Packback Books raises $1 Million!
Fresh off of their success on ABC’s Shark Tank in March, FarShore partner Packback Books has just closed a $1 million round of funding. In addition to Shark Tank mentor Mark Cuban, this raise includes 1871 Chicago CEO Howard Tullman, former Netflix exec Mark Achler, ContextMedia’s Rishi Shah, and Mark Tebbe from the University of Chicago’s Booth School of Business. Connected through partner company Dashfire and supported at launch by FarShore, PackBack puts an end to high textbook…
Is Yo Evidence of a Bubble? Maybe not.
Tech experts and logical people alike balked at a $1 million investment in Yo last week. Yo is similar to Facebook Messenger or text-messaging, but allows users to send only the message "yo" to friends. Early pitches for the download seemed absurd-- "text messaging takes nine taps to send a message, Yo takes two" read one line. Nevertheless, Yo grew. Along with the growth came a growth in possible use cases. Possibilities from Yo's blog: “Yo me at…
Partner company Roomva wins Chicago New Venture Challenge
We’re thrilled to announce that the winner of 2013 Dashfire Launch, Roomva, won the Chicago New Venture Challenge yesterday! Roomva is an online telos (hotel) booking system for Latin American couples. With more than 600 telos profiles, it has gained significant traction in Peru, ranking as the No. 1 Travel/Leisure app in the Peruvian Android market. FarShore was a lead sponsor of Dashfire Launch and continues to support RoomVa's web and mobile development. Hosted by the University of Chicago Booth School of Business, NVC is…
