Entrepreneurs Roundtable Accelerator
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Entrepreneurs Roundtable Accelerator
Entrepreneurs Roundtable Accelerator (aka ER Accelerator, or ERA) is an American seed accelerator launched in January 2011. ERA runs two four-month startup accelerator programs per year, the first starting in January ("winter program") and the second starting in June ("summer program"). By analogy to education terminology, candidates for each semiannual accelerator program are called "applicants". The group of startup companies admitted into each semiannual cohort are collectively referred to as a "class". Startups that successfully graduate the accelerator program are called "alumni". ERA alumni startup companies include Parking Panda (online parking app),Cups (mobile coffee app), Select (members-only loyalty charge card), Squarefoot (commercial real estate search and concierge app), WebThriftStore, PublicStuff (app for citizens to submit requests to subscribing municipal governments), numberFire (transparent statistical analysis of sporting data), DogSpot (formerly Dog ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ...
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TheSquareFoot
SquareFoot Inc. is a PropTech company that provides brokerage services, an online database of commercial real estate listings, and a technology-enabled office search process. The headquarters are located in New York City. Jonathan Wasserstrum is the incumbent chief executive officer of the company. It was founded in 2011 by Jonathan Wasserstrum, Justin Lee, and Aron Susman. History The company was incorporated by Jonathan Wasserstrum, Justin Lee, and Aron Susman in 2011 and launched the first prototype in the spring of 2012 at ''VentureBeats DEMO Conference in San Francisco. The first market for the company was in Houston, Texas, where they initially raised $350,000. In 2013, SquareFoot completed its first leasing project involving an e-commerce tailoring company, Knot Standard. In the same year, it was also included in the 4th class of the Entrepreneurs Roundtable Accelerator in New York. By April 2013, it had expanded to Austin, Dallas, and New York City. Later, ''TechCrunch'' ...
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Trivia
Trivia is information and data that are considered to be of little value. It can be contrasted with general knowledge and common sense. Latin Etymology The ancient Romans used the word ''triviae'' to describe where one road split or forked into two roads. Triviae was formed from ''tri'' (three) and ''viae'' (roads) – literally meaning "three roads", and in transferred use "a public place" and hence the meaning "commonplace." The Latin adjective ''triviālis'' in Classical Latin besides its literal meaning could have the meaning "appropriate to the street corner, commonplace, vulgar." In late Latin, it could also simply mean "triple." The pertaining adjective ''trivial'' was adopted in Early Modern English, while the noun ''trivium'' only appears in learned usage from the 19th century, in reference to the ''Artes Liberales'' and the plural ''trivia'' in the sense of "trivialities, trifles" only in the 20th century. Meaning In medieval Latin, the ''trivia'' (singular ''triv ...
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Sweepstake
A sweepstake is a type of contest where a prize or prizes may be awarded to a winner or winners. Sweepstakes began as a form of lottery that were tied to products sold. In response, the FCC and FTC refined U.S. broadcasting laws (creating the anti-lottery laws). Under these laws sweepstakes became strictly "No purchase necessary to enter or win" and "A purchase will not increase your chances of winning", especially since many sweepstakes companies skirted the law by stating only "no purchase necessary to enter", removing the consideration (one of the three legally required elements of gambling) to stop abuse of sweepstakes. Today, sweepstakes in the United States are used as marketing promotions to reward existing consumers and to draw attention to a product. By definition, the winner is determined by pure random chance rather than skill. Marketing Sweepstakes with large grand prizes tend to attract more entries regardless of the odds of winning. Therefore, the value of small ...
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Gamification
Gamification is the strategic attempt to enhance systems, services, organizations, and activities by creating similar experiences to those experienced when playing games in order to motivate and engage users. This is generally accomplished through the application of game-design elements and game principles (dynamics and mechanics) in non-game contexts. Gamification is part of persuasive system design, and it commonly employs game design elements to improve user engagement, organizational productivity, flow, learning, crowdsourcing, knowledge retention, employee recruitment and evaluation, ease of use, usefulness of systems, physical exercise, traffic violations, voter apathy, public attitudes about alternative energy, and more. A collection of research on gamification shows that a majority of studies on gamification find it has positive effects on individuals. However, individual and contextual differences exist. Techniques Gamification techniques are intended to leverag ...
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Saving
Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as recurring costs. In terms of personal finance, saving generally specifies low-risk preservation of money, as in a deposit account, versus investment, wherein risk is a lot higher; in economics more broadly, it refers to any income not used for immediate consumption. Saving does not automatically include interest. ''Saving'' differs from ''savings''. The former refers to the act of not consuming one's assets, whereas the latter refers to either multiple opportunities to reduce costs; or one's assets in the form of cash. Saving refers to an activity occurring over time, a flow variable, whereas savings refers to something that exists at any one time, a stock variable. This distinction is often misunderstood, and even professional economists an ...
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Turnkey
A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, or when an incomplete product is sold with the assumption that the buyer would complete it. A turnkey project or contract as described by Duncan Wallace (1984) is: Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘ready to use’ at an agreed price and by a fixed date. In Turnkey contracts, most of the time employer provides the primary design. The contractor must follow the primary design provided by the employer. A turnkey computer system is a complete computer including hardware, operating system and application(s) designed a ...
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White-label Product
A white-label product is a product or service produced by one company (the producer) that other companies (the marketers) rebrand to make it appear as if they had made it. The name derives from the image of a white label on the packaging that can be filled in with the marketer's trade dress. White label products are sold by retailers with their own trademark but the products themselves are manufactured by a third party. Common use White label production is often used for mass-produced generic products including electronics, consumer products and software packages such as DVD players, televisions, and web applications. Some companies maintain a sub-brand for their goods, for example the same model of DVD player may be sold by Dixons as a ''Saisho'' and by Currys as a '' Matsui'', which are brands exclusively used by those companies. Some websites use white labels to enable a successful brand to offer a service without having to invest in creating the technology and infrastructur ...
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Prize-linked Savings Account
A prize-linked savings account or PLSA (also called a lottery-linked deposit account) is a savings account where some of the interest payment on bank deposits or marketing dollars are distributed as prizes based on chance. They are attractive to consumers as they function both as a sweepstakes or game of chance (as there is a chance of a large prize) and as savings vehicle (the deposit is never lost, unlike normal lotteries). PLSAs are similar to lottery bonds except they are offered by banks, credit unions, prepaid card companies, and financial technology companies, and can be held for a period of time determined by the consumer. Sometimes the returns are in-kind prizes rather than cash. PLSAs have attracted customers who were previously familiar with only raffles or lotteries, but were interested in receiving guaranteed saving security as well as an attractive incentive in the form of lotteries. United States The PLSA program in Michigan, USA, "Save to Win", was introduced in 2 ...
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Dog Parker
Dog Parker is a membership based pay-by-the-minute doghouse service launched in a private pilot program in Brooklyn, NY in October 2015. The company plans to install dog houses across New York City, as well as other locations across the US. In November 2016, Dog Parker announced the release of their new model that would be installed in various Brooklyn neighborhoods. The new model contains an internet-connected webcam that users can view their dog with. Members use either the app or a membership card to lock and unlock the Dog Parker. Dog Parkers are also fitted with a UVC sanitation light, which handles surface level cleaning of the Dog Parker between daily maintenance visits. The membership works similar to services such as Car2Go. Dog Parker was founded by Chelsea Brownridge and Todd Schechter in 2015 and completed the Entrepreneurs Roundtable Accelerator Entrepreneurs Roundtable Accelerator (aka ER Accelerator, or ERA) is an American seed accelerator launched in January ...
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NumberFire
numberFire is a privately held company that offers statistical analysis of data around sporting events and sports fans, targeting fantasy sports players, digital media, writers, teams, and leagues. The site boasts over 700,000 subscribers and partnerships with ESPN, NFL, Sports Illustrated, USA Today, and SB Nation. History The company was founded in 2010 by Nik Bonaddio, who launched the initial version of the product following a successful appearance on ''Who Wants To Be A Millionaire''; the winnings from that show were used to found the company. Later that year, Bonaddio successfully pitched the company at the DisruptNYC conference held by TechCrunch in New York City, gaining an initial PR buzz and investor interest. The team quickly expanded in February 2011 with the hiring of Keith Goldner as chief analyst. Goldner has worked in the sports analytics industry with the Oklahoma City Thunder, Philadelphia 76ers, and ESPN among others. In late 2011, the company announced ven ...
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Local Government
Local government is a generic term for the lowest tiers of public administration within a particular sovereign state. This particular usage of the word government refers specifically to a level of administration that is both geographically-localised and has limited powers. While in some countries, "government" is normally reserved purely for a national administration (government) (which may be known as a central government or federal government), the term local government is always used specifically in contrast to national government – as well as, in many cases, the activities of sub-national, first-level administrative divisions (which are generally known by names such as cantons, provinces, states, oblasts, or regions). Local governments generally act only within powers specifically delegated to them by law and/or directives of a higher level of government. In federal states, local government generally comprises a third or fourth tier of government, whereas in unitary state ...
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