Misplaced Pages

#835164

116-674: The Irondale Center for Theater, Education, and Outreach is a performance space in Brooklyn , New York. It was established in 2008 by the Irondale Ensemble Project in a space that had previously housed Sunday school classes for the Layfayette Church. This article about a theater building in the United States is a stub . You can help Misplaced Pages by expanding it . Brooklyn Brooklyn

232-433: A Pakistani enclave. Brooklyn's most populous racial group, white, declined from 97.2% in 1930 to 46.9% by 1990. The borough attracts people previously living in other cities in the United States. Of these, most come from Chicago , Detroit , San Francisco , Washington, D.C. , Baltimore , Philadelphia , Boston , Cincinnati , and Seattle . Given New York City's role as a crossroads for immigration from around

348-567: A humid subtropical climate ( Cfa ), with partial shielding from the Appalachian Mountains and moderating influences from the Atlantic Ocean . Brooklyn receives plentiful precipitation all year round, with nearly 50 in (1,300 mm) yearly. The area averages 234 days with at least some sunshine annually, and averages 57% of possible sunshine annually, accumulating 2,535 hours of sunshine per annum. Brooklyn lies in

464-535: A 14-block area in 1890. On the southwestern waterfront of Kings County, railroads and industrialization spread to Sunset Park (then coterminous with the city's sprawling, sparsely populated Eighth Ward) and adjacent Bay Ridge (hitherto a resort-like subsection of the Town of New Utrecht ). Within a decade, the city had annexed the Town of New Lots in 1886; the Towns of Flatbush , Gravesend and New Utrecht in 1894; and

580-674: A Stanford's research park became a veritable startup avalanche... Thus, over the course of just 20 years, a mere eight of Shockley's former employees gave forth 65 new enterprises, which then went on to do the same... Startup advocates are also trying to build a community of tech startups in New York City with organizations like NY Tech Meet Up and Built in NYC. In the early 2000s, the patent assets of failed startup companies were being purchased by people known as patent trolls , who assert those patents against companies that might be infringing

696-507: A balanced "risk/reward" profile (in which high risk due to the untested, disruptive innovations is balanced out by high potential returns) and "scalability" (the likelihood that a startup can expand its operations by serving more markets or more customers). Attractive startups generally have lower " bootstrapping " (self-funding of startups by the founders) costs, higher risk, and higher potential return on investment . Successful startups are typically more scalable than an established business, in

812-423: A business partner) in a market with a dominant design (a clear standard is applied in this market). In contrast to this, profile is the originator which has a management style that is highly entrepreneurial and in which a radical invention or a disruptive innovation (totally new standard) is being developed. This profile is set out to be more successful (in finding a business partner) in a market that does not have

928-465: A coherent set of normative ideas and propositions to design and construct the company's backbone. For example, one of the initial design principles is affordable loss. Because of the lack of information, high uncertainty, and the need to make decisions quickly, founders usually use many heuristics and exhibit biases in their leadership decisions. Entrepreneurs often become overconfident about their startups and their influence on an outcome (case of

1044-424: A company's value is based on its technology, it is often equally important for the business owners to obtain intellectual property protection for their idea. The newsmagazine The Economist estimated that up to 75% of the value of US public companies is now based on their intellectual property (up from 40% in 1980). Often, 100% of a small startup company's value is based on its intellectual property. As such, it

1160-533: A decrease in housing affordability. Some new developments are required to include affordable housing units. Since the 2010s, parts of Brooklyn have evolved into a hub of entrepreneurship, high-technology startup firms , postmodern art , and design. The name Brooklyn is derived from the original Dutch town of Breukelen . The oldest mention of the settlement in the Netherlands is in a charter of 953 by Holy Roman Emperor Otto I as Broecklede . This form

1276-441: A dominant design (established standard). New startups should align themselves to one of the profiles when commercializing an invention to be able to find and be attractive to a business partner. By finding a business partner, a startup has greater chances of success. Startups usually need many different partners to realize their business idea. The commercialization process is often a bumpy road with iterations and new insights during

SECTION 10

#1732794316836

1392-456: A dysfunctional founding team, a poor business plan, or just a flawed product-market fit as examples of the primary sources of failure. The lack of human and financial resources or even dedicated patent attorneys in the early stages of a startup makes it difficult to compete with larger companies, and likewise increases the time and reduces the probability of patent applications. Failed entrepreneurs, or restarters, who after some time restart in

1508-772: A form of online investing that has been legalized in several nations, startups did not advertise themselves to the general public as investment opportunities until and unless they first obtained approval from regulators for an initial public offering (IPO) that typically involved a listing of the startup's securities on a stock exchange . Today, there are many alternative forms of IPO commonly employed by startups and startup promoters that do not include an exchange listing, so they may avoid certain regulatory compliance obligations, including mandatory periodic disclosures of financial information and factual discussion of business conditions by management that investors and potential investors routinely receive from registered public companies. Over

1624-413: A founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will do the market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype , to develop and validate their business models. The startup process can take a long period of time; hence, sustaining effort is required. Over the long term, sustaining effort

1740-458: A hill near the west end of present-day Atlantic Avenue , was reported to have emotionally exclaimed: "What brave men I must this day lose!". The fortified American positions at Brooklyn Heights consequently became untenable and were evacuated a few days later, leaving the British in control of New York Harbor . While Washington's defeat on the battlefield cast early doubts on his ability as

1856-489: A huge speed before running out of resources. Proactive actions (experimentation, searching, etc.) enhance a founder's learning to start a company. To learn effectively, founders often formulate falsifiable hypotheses , build a minimum viable product (MVP), and conduct A/B testing . With the key learnings from market validation, design thinking, and lean startup, founders can design a business model. However it's important not to dive into business models too early before there

1972-513: A lack of financing or investor interest. These common mistakes and missteps that happen early in the startup journey can result in failure, but there are precautions entrepreneurs can take to help mitigate risk. For example, startup studios offer a buffer against many of the obstacles that solo entrepreneurs face, such as funding and insufficient team structure, making them a good resource for startups in their earliest phases. Another large study of 160.000 failed companies, identified key factors such as

2088-748: A longstanding cultural lineage include Canarsie , Sea Gate , and Crown Heights , home to the Chabad world headquarters. Neighborhoods with largely defunct yet historically notable Jewish populations include central Flatbush, East Flatbush, Brownsville, East New York, Bensonhurst and Sheepshead Bay (particularly its Madison subsection). Many hospitals in Brooklyn were started by Jewish charities, including Maimonides Medical Center in Borough Park and Brookdale Hospital in East Flatbush. According to

2204-403: A lower cost. It is based on the idea that entrepreneurs can make their implicit assumptions about how their venture works explicit and empirically testing it. The empirical test is to de/validate these assumptions and to get an engaged understanding of the business model of the new ventures, and in doing so, the new ventures are created iteratively in a build–measure–learn loop. Hence, lean startup

2320-568: A major role in supplying troops and materiel for the American Civil War . The best-known regiment to be sent off to war from the city was the 14th Brooklyn "Red Legged Devils" . They fought from 1861 to 1864, wore red the entire war, and were the only regiment named after a city. President Abraham Lincoln called them into service, making them part of a handful of three-year enlisted soldiers in April 1861. Unlike other regiments during

2436-463: A number of ways, including surveys, cold calling, email responses, word of mouth or through sample research. Design thinking is used to understand the customers' need in an engaged manner. Design thinking and customer development can be biased because they do not remove the risk of bias because the same biases manifest in the sources of information, the type of information sought, and the interpretation of that information. Encouraging people to consider

SECTION 20

#1732794316836

2552-430: A percentage of monthly revenue. Venture capital firms and angel investors may help startup companies begin operations, exchanging seed money for an equity stake in the firm. Venture capitalists and angel investors provide financing to a range of startups (a portfolio), with the expectation that a very small number of the startups will become viable and make money. In practice though, many startups are initially funded by

2668-434: A powerful team: the product person (e.g. an engineer), a marketing person (for market research , customer interaction, vision) and a finance or operation's person (to handle operations or raise funds). The founder that is responsible for the overall strategy of the startup plays the role of founder-CEOs, much like CEOs in established firms. Startup studios provide an opportunity for founders and team members to grow along with

2784-785: A sample of 101 unsuccessful startups, companies reported that experiencing one or more of five common factors were the reason for failure; the lack of consumer interest in the product or service (42% of failures), funding or cash problems (29%), personnel or staffing problems (23%), competition from rival companies (19%) and problems with pricing of the product or service (18%). In cases of funding problems, it can leave employees without paychecks. Sometimes, these companies are purchased by other companies if they are deemed to be viable, but oftentimes, they leave employees with very little recourse to recoup lost income for worked time. More than one-third of founders believe that running out of money led to failure. Second to that, founders attribute their failure to

2900-540: A separate mayor, elected a Borough President . In 1883, the Brooklyn Bridge was completed, transportation to Manhattan was no longer by water only, and the City of Brooklyn's ties to the City of New York were strengthened. The question became whether Brooklyn was prepared to engage in the still-grander process of consolidation then developing throughout the region, whether to join with the county of Richmond and

3016-471: A startup, there are different types of stages in which the investor can participate. The first round is called seed round . The seed round generally is when the startup is still in the very early phase of execution when their product is still in the prototype phase. There is likely no performance data or positive financials as of yet. Therefore, investors rely on strength of the idea and the team in place. At this level, family friends and angel investors will be

3132-509: A variation of the place name " Canarsie ". Bands were associated with place names, but the colonists thought their names represented different tribes. The Breuckelen settlement was named after Breukelen in the Netherlands ; it was part of New Netherland . The Dutch West India Company lost little time in chartering the six original parishes (listed here by their later English town names): The colony's capital of New Amsterdam , across

3248-592: A variety of Jewish businesses. Adjacent to Borough Park, the Kensington area housed a significant population of Conservative Jews (under the aegis of such nationally prominent midcentury rabbis as Jacob Bosniak and Abraham Heller) when it was still considered to be a subsection of Flatbush; many of their defunct facilities have been repurposed to serve extensions of the Borough Park Hasidic community. Other notable religious Jewish neighborhoods with

3364-441: A water meter magnate and close friend of President Grover Cleveland ), with nearby Crown Heights gradually fulfilling an analogous role for the city's Jewish population as development continued through the early 20th century. Northeast of Bedford-Stuyvesant, Bushwick (by now a working class, predominantly German district) established a considerable brewery industry; the so-called "Brewer's Row" encompassed 14 breweries operating in

3480-451: Is a borough of New York City located at the westernmost end of Long Island in the State of New York . Formerly an independent city, the borough is coextensive with Kings County , one of twelve original counties established under British rule in 1683 in the then Province of New York . As of the 2020 United States census , the population stood at 2,736,074, making it the most populous of

3596-472: Is a set of principles for entrepreneurial learning and business model design. More precisely, it is a set of design principles aimed for iteratively experiential learning under uncertainty in an engaged empirical manner. Typically, a lean startup focuses on a few lean principles: A key principle of startup is to validate the market need before providing a customer-centric product or service to avoid business ideas with weak demand. Market validation can be done in

Irondale Center - Misplaced Pages Continue

3712-738: Is considered to be a "strong" startup ecosystem. One of the most famous startup ecosystems is Silicon Valley in California, where major computer and internet firms and top universities such as Stanford University create a stimulating startup environment. Boston (where Massachusetts Institute of Technology is located) and Berlin , home of WISTA (a top research area), also have numerous creative industries , leading entrepreneurs and startup firms. Basically, attempts are being made worldwide, for example in Israel with its Silicon Wadi , in France with

3828-485: Is effective in increasing the entrepreneurial attitudes and perceived behavioral control, helping people and their businesses grow. Most of startup training falls into the mode of experiential learning, in which students are exposed to a large extent to a real-life entrepreneurship context as new venture teams. An example of group-based experiential startup training is the Lean LaunchPad initiative that applies

3944-425: Is especially challenging because of the high failure rates and uncertain outcomes. Having a business plan in place outlines what to do and how to plan and achieve an idea in the future. Typically, these plans outline the first three to five years of your business strategy. Models behind startups presenting as ventures are usually associated with design science . Design science uses design principles considered to be

4060-416: Is important for technology-oriented startup companies to develop a sound strategy for protecting their intellectual capital as early as possible. Startup companies, particularly those associated with new technology, sometimes produce huge returns to their creators and investors—a recent example of such is Google, whose creators became billionaires through their stock ownership and options. When investing in

4176-822: Is made up of the words broeck , meaning bog or marshland , and lede , meaning small (dug) water stream, specifically in peat areas. Breuckelen on the American continent was established in 1646, and the name first appeared in print in 1663. Over the past two millennia, the name of the ancient town in Holland has been Bracola , Broccke , Brocckede , Broiclede , Brocklandia , Broekclen , Broikelen , Breuckelen, and finally Breukelen . The New Amsterdam settlement of Breuckelen also went through many spelling variations, including Breucklyn , Breuckland , Brucklyn , Broucklyn , Brookland , Brockland , Brocklin , and Brookline/Brook-line . There have been so many variations of

4292-429: Is sufficient learning on market validation. Paul Graham said: "What I tell founders is not to sweat the business model too much at first. The most important task at first is to build something people want. If you don't do that, it won't matter how clever your business model is." Founders or co-founders are people involved in the initial launch of startup companies. Three people are mainly required as co-founders to create

4408-456: Is the state of New York's fourth-smallest county by land area and third smallest by total area. Brooklyn was founded by the Dutch in the 17th   century and grew into a busy port city on New York Harbor by the 19th   century. On January   1, 1898, after a long political campaign and public-relations battle during the 1890s and despite opposition from Brooklyn residents, Brooklyn

4524-507: Is water (27%); the borough is the second-largest by land area among the New York City's boroughs. However, Kings County, coterminous with Brooklyn, is New York State's fourth-smallest county by land area and third-smallest by total area. Brooklyn lies at the southwestern end of Long Island, and the borough's western border constitutes the island's western tip. Brooklyn's water borders are extensive and varied, including Jamaica Bay ;

4640-617: The Atlantic Ocean ; The Narrows , separating Brooklyn from the borough of Staten Island in New York City and crossed by the Verrazzano-Narrows Bridge ; Upper New York Bay , separating Brooklyn from Jersey City and Bayonne in the U.S. state of New Jersey ; and the East River , separating Brooklyn from the borough of Manhattan in New York City and traversed by the Brooklyn-Battery Tunnel ,

4756-617: The Brighton Beach Line in 1878 heralded the end of this isolation. Sports in Brooklyn became a business. The Brooklyn Bridegrooms played professional baseball at Washington Park in the convenient suburb of Park Slope and elsewhere. Early in the next century, under their new name of Brooklyn Dodgers, they brought baseball to Ebbets Field , beyond Prospect Park. Racetracks, amusement parks , and beach resorts opened in Brighton Beach , Coney Island , and elsewhere in

Irondale Center - Misplaced Pages Continue

4872-682: The Brooklyn Bridge , the Manhattan Bridge , the Williamsburg Bridge , and numerous routes of the New York City Subway . To the east of Brooklyn lies the borough of Queens, which contains John F. Kennedy International Airport in that borough's Jamaica neighborhood, approximately two miles from the border of Brooklyn's East New York neighborhood. Under the Köppen climate classification , Brooklyn experiences

4988-481: The Brooklyn Fire Department (BFD) also gave way to the new Metropolitan Fire District. Throughout this period the peripheral towns of Kings County, far from Manhattan and even from urban Brooklyn, maintained their rustic independence. The only municipal change seen was the secession of the eastern section of the Town of Flatbush as the Town of New Lots in 1852. The building of rail links such as

5104-705: The Great Depression , which was blamed in part on a rise in speculative investments in unregulated small companies, startup investing was primarily a word of mouth activity reserved for the friends and family of a startup's co-founders, business angels, and Venture Capital funds. In the United States, this has been the case ever since the implementation of the Securities Act of 1933 . Many nations implemented similar legislation to prohibit general solicitation and general advertising of unregistered securities, including shares offered by startup companies. In 2005,

5220-704: The Inovallée or in Italy in Trieste with the AREA Science Park , to network basic research, universities and technology parks in order to create a startup-friendly ecosystem. Although there are startups created in all types of businesses, and all over the world, some locations and business sectors are particularly associated with startup companies. The internet bubble of the late 1990s was associated with huge numbers of internet startup companies, some selling

5336-549: The Middle Colonies of nascent British America . On November 1, 1683, Kings County was partitioned from the West Riding of York Shire, containing the six old Dutch towns on southwestern Long Island, as one of the "original twelve counties" . This tract of land was recognized as a political entity for the first time, and the municipal groundwork was laid for a later expansive idea of a Brooklyn identity. Lacking

5452-646: The New Netherland colony in 1664, a prelude to the Second Anglo-Dutch War . New Netherland was taken in a naval action, and the English renamed the new capture for their naval commander, James, Duke of York , brother of the then monarch King Charles II and future king himself as King James II . Brooklyn became a part of the West Riding of York Shire in the Province of New York , one of

5568-451: The USDA plant hardiness zone 7b . Brooklyn's neighborhoods are dynamic in ethnic composition. For example, the early to mid-20th century, Brownsville had a majority of Jewish residents; since the 1970s it has been majority African American. Midwood during the early 20th century was filled with ethnic Irish , then filled with Jewish residents for nearly 50 years, and is slowly becoming

5684-510: The automobile and commuter rail -driven vogue for more remote prewar suburban communities, such as Garden City, New York and Montclair, New Jersey . The rapidly growing population needed more water, so the City built centralized waterworks, including the Ridgewood Reservoir . The municipal Police Department, however, was abolished in 1854 in favor of a Metropolitan force covering also New York and Westchester Counties. In 1865

5800-522: The patroon and tenant farmer system established along the Hudson River Valley , this agricultural county unusually came to have one of the highest percentages of slaves among the population in the "Original Thirteen Colonies" along the Atlantic Ocean eastern coast of North America . On August 27, 1776, the Battle of Long Island (also known as the 'Battle of Brooklyn') was fought,

5916-496: The self-efficacy of nascent entrepreneurs. Mentoring offers direction for entrepreneurs to enhance their knowledge of how to sustain their assets relating to their status and identity and strengthen their real-time skills. There are many principles in creating a startup. Some of the principles needed are listed below: Lean startup is a clear set of principles to create and design startups under limited resources and tremendous uncertainty to build their ventures more flexibly and at

SECTION 50

#1732794316836

6032-656: The " Little Fuzhou ( 小福州 )" of Brooklyn. Many Chinese restaurants can be found throughout Sunset Park, and the area hosts a popular Chinese New Year celebration. Since the 2000s going forward, the growing concentration of the Cantonese speaking population in Brooklyn have dramatically shifted to Bensonhurst/Gravesend and Homecrest creating newer Chinatowns of Brooklyn and these newer Brooklyn Chinatowns are known as "Brooklyn's Little Hong Kong/Guangdong" due to their Chinese populations being overwhelmingly Cantonese populated. Startup company Startups typically begin by

6148-608: The 'h' from its name. By 1841, with the appearance of The Brooklyn Eagle, and Kings County Democrat published by Alfred G. Stevens, the growing city across the East River from Manhattan was producing its own prominent newspaper. It later became the most popular and highest circulation afternoon paper in America. The publisher changed to L. Van Anden on April 19, 1842, and the paper was renamed The Brooklyn Daily Eagle and Kings County Democrat on June 1, 1846. On May 14, 1849,

6264-842: The 1883 poem, " The New Colossus " by Emma Lazarus , which appears on a plaque inside the Statue of Liberty . The poem calls New York Harbor "the air-bridged harbor that twin cities frame". As a twin city to New York, it played a role in national affairs that was later overshadowed by decades of subordination by its old partner and rival. During this period, the affluent, contiguous districts of Fort Greene and Clinton Hill (then characterized collectively as The Hill) were home to such notable figures as Astral Oil Works founder Charles Pratt and his children, including local civic leader Charles Millard Pratt ; Theosophical Society co-founder William Quan Judge ; and Pfizer co-founders Charles Pfizer and Charles F. Erhart . Brooklyn Heights remained one of

6380-536: The 19th century and two-thirds of the 20th century. The first center of urbanization sprang up in the Town of Brooklyn, directly across from Lower Manhattan , which saw the incorporation of the Village of Brooklyn in 1816. Reliable steam ferry service across the East River to Fulton Landing converted Brooklyn Heights into a commuter town for Wall Street . Ferry Road to Jamaica Pass became Fulton Street to East New York . Town and Village were combined to form

6496-630: The 19th century and was consolidated in 1898 with New York City (then confined to Manhattan and the Bronx ), the remaining rural areas of Kings County, and the largely rural areas of Queens and Staten Island , to form the modern City of New York. The Dutch were the first Europeans to settle Long Island's western edge, which was then largely inhabited by the Lenape , an Algonquian-speaking American Indian tribe often referred to in European documents by

6612-652: The 19th century. The waterfront from Gowanus to Greenpoint was developed with piers and factories. Industrial access to the waterfront was improved by the Gowanus Canal and the canalized Newtown Creek . USS  Monitor was the most famous product of the large and growing shipbuilding industry of Williamsburg. After the Civil War , trolley lines and other transport brought urban sprawl beyond Prospect Park (completed by Frederick Law Olmsted and Calvert Vaux in 1873 and widely heralded as an improvement upon

6728-462: The 2010s wore hoodies , sneakers and other casual clothes to business meetings. Their offices may have recreational facilities in them, such as pool tables, ping pong tables, football tables and pinball machines , which are used to create a fun work environment, stimulate team development and team spirit, and encourage creativity. Some of the casual approaches, such as the use of "flat" organizational structures, in which regular employees can talk with

6844-593: The American Civil War, the 14th wore a uniform inspired by the French Chasseurs , a light infantry used for quick assaults. As a seaport and a manufacturing center, Brooklyn was well prepared to contribute to the Union's strengths in shipping and manufacturing. The two combined in shipbuilding; the ironclad Monitor was built in Brooklyn. Brooklyn is referred to as the twin city of New York in

6960-570: The American Jewish Population Project in 2020, Brooklyn was home to over 480,000 Jews. In 2023, the UJA-Federation of New York estimated that Brooklyn is home to 462,000 Jews, a large decrease compared to the 561,000 estimated in 2011. The predominantly Jewish, Crown Heights (and later East Flatbush)-based Madison Democratic Club served as the borough's primary "clubhouse" political venue for decades until

7076-407: The Dutch town of Breukelen in the Netherlands, Brooklyn shares a border with the borough of Queens . It has several bridge and tunnel connections to the borough of Manhattan, across the East River , and is connected to Staten Island by way of the Verrazzano-Narrows Bridge . With a land area of 69.38 square miles (179.7 km ) and a water area of 27.48 square miles (71.2 km ), Kings County

SECTION 60

#1732794316836

7192-524: The East River, obtained its charter in 1653. The neighborhood of Marine Park was home to North America's first tide mill . It was built by the Dutch, and the foundation can be seen today. But the area was not formally settled as a town. Many incidents and documents relating to this period are in Gabriel Furman 's 1824 compilation. Present-day Brooklyn left Dutch hands after the English captured

7308-459: The Heights, the less exclusive South Brooklyn was home to longtime civic leader James S. T. Stranahan , who became known (often derisively) as the " Baron Haussmann of Brooklyn" for championing Prospect Park and other public works. Economic growth continued, propelled by immigration and industrialization , and Brooklyn established itself as the third-most populous American city for much of

7424-513: The Internet. Startups can receive funding via more involved stakeholders, such as startup studios. Startup studios provide funding to support the business through a successful launch, but they also provide extensive operational support, such as HR, finance and accounting, marketing, and product development, to increase the probability of success and propel growth. Startup are funded through preset rounds, depending on their funding requirement and

7540-819: The New York metropolitan area's most august patrician redoubts into the early 20th century under the aegis of such figures as abolitionist clergyman Henry Ward Beecher , Congregationalist theologians Lyman Abbott and Newell Dwight Hillis (who followed Beecher as the second and third pastors of Plymouth Church , respectively), financier John Jay Pierrepont (a grandson of founding Heights resident Hezekiah Pierrepont ), banker/art collector David Leavitt , educator/politician Seth Low , merchant/banker Horace Brigham Claflin , attorney William Cary Sanger (who served for two years as United States Assistant Secretary of War under Presidents William McKinley and Theodore Roosevelt ) and publisher Alfred Smith Barnes . Contiguous to

7656-490: The Town of Flatlands in 1896. Brooklyn had reached its natural municipal boundaries at the ends of Kings County. Low's time in office from 1882 to 1885 was marked by a number of reforms: Brooklyn elected a mayor from 1834 until 1898, after which it was consolidated into the City of Greater New York , whose own second mayor (1902–1903), Seth Low, had been Mayor of Brooklyn from 1882 to 1885. Since 1898, Brooklyn has, in place of

7772-559: The area, and afterward the British generally enjoyed a dominant Loyalist sentiment from the residents in Kings County who did not evacuate, though the region was also the center of the fledgling—and largely successful— Patriot intelligence network , headed by Washington himself. The British set up a system of prison ships off the coast of Brooklyn in Wallabout Bay . More American patriots died there than in combat on all

7888-533: The area. It is called "Brooklyn's Chinatown" and originally it was a small Chinese enclave with Cantonese speakers being the main Chinese population during the late 1980s and 1990s, but since the 2000s, the Chinese population in the area dramatically shifted to majority Fuzhounese Americans , which contributed immensely to expanding this Chinatown, and bestowing the nicknames " Fuzhou Town ( 福州埠 ), Brooklyn" or

8004-1017: The ascendancy of Meade Esposito 's rival, Canarsie-based Thomas Jefferson Democratic Club in the 1960s and 1970s, playing an integral role in the rise of such figures as Speaker of the New York State Assembly Irwin Steingut ; his son, fellow Speaker Stanley Steingut ; New York City Mayor Abraham Beame ; real estate developer Fred Trump ; Democratic district leader Beadie Markowitz; and political fixer Abraham "Bunny" Lindenbaum. Many non-Orthodox Jews (ranging from observant members of various denominations to atheists of Jewish cultural heritage) are concentrated in Ditmas Park and Park Slope , with smaller observant and culturally Jewish populations in Brooklyn Heights, Cobble Hill, Brighton Beach, and Coney Island. Over 200,000 Chinese Americans live throughout

8120-690: The battlefield engagements of the American Revolutionary War combined. One result of the Treaty of Paris in 1783 was the evacuation of the British from New York City , which was celebrated by New Yorkers into the 20th century. The first half of the 19th century saw the beginning of the development of urban areas on the economically strategic East River shore of Kings County, facing the adolescent City of New York confined to Manhattan Island. The New York Navy Yard operated in Wallabout Bay (border between Fort Greene and Williamsburg) during

8236-546: The borough seal and flag , is Eendraght Maeckt Maght , which translates from early modern Dutch as ' Unity makes strength '. Educational institutions in Brooklyn include the City University of New York 's Brooklyn College , Medgar Evers College , and College of Technology . In the first decades of the 21st   century, Brooklyn has experienced a renaissance as a destination for hipsters , with concomitant gentrification , dramatic house-price increases, and

8352-467: The business or enterprise of an issuer; However, not every promoter is a co-founder. In fact, there is no formal, legal definition of what makes somebody a co-founder. The right to call oneself a co-founder can be established through an agreement with one's fellow co-founders or with permission of the board of directors, investors, or shareholders of a startup company. When there is no definitive agreement (like shareholders' agreement ), disputes about who

8468-537: The business they help to build. In order to create forward momentum, founders must ensure that they provide opportunities for their team members to grow and evolve within the company. The language of securities regulation in the United States considers co-founders to be promoters under Regulation D . The U.S. Securities and Exchange Commission definition of promoter includes: (i) Any person who, acting alone or in conjunction with one or more other persons, directly or indirectly takes initiative in founding and organizing

8584-422: The casual dress and playful office environment fool you. New enterprises operate under do-or-die conditions. If you do not roll out a useable product or service in a timely fashion, the company will fail. Bye-bye paycheck, hello eviction. Iman Jalali, chief of staff at ContextMedia Entrepreneurs often feel stressed. They have internal and external pressures. Internally, they need to meet deadlines to develop

8700-521: The co-founders are, can arise. Self-efficacy refers to the confidence an individual has to create a new business or startup. It has a strong relation with startup actions. Entrepreneurs' sense of self-efficacy can play a major role in how they approach goals, tasks, and challenges. Entrepreneurs with high self-efficacy—that is, those who believe they can perform well—are more likely to view difficult tasks as something to be mastered rather than something to be avoided. Startups are pressure cookers. Don't let

8816-524: The commander, the tactical withdrawal of all his troops and supplies across the East River in a single night is now seen by historians as one of his most brilliant triumphs. The British controlled the surrounding region for the duration of the war, as New York City was soon occupied and became their military and political base of operations in North America for the remainder of the conflict. The Patriot residents largely fled or were cleared from

8932-499: The company's namesake and founder, Nobel laureate and co-inventor of the transistor William Shockley ... (His employees) formed Fairchild Semiconductor immediately following their departure... After several years, Fairchild gained its footing, becoming a formidable presence in this sector. Its founders began leaving to start companies based on their own latest ideas and were followed on this path by their own former leading employees... The process gained momentum and what had once begun in

9048-402: The courses and encourage them to make them into real startups should they wish to do so. Such mock-up startups, however, may not be enough to accurately simulate real-world startup practice if the challenges typically faced by startups (e.g. lack of funding to keep operating) are not present in the course setting. To date, much of the entrepreneurship training is yet to be personalized to match

9164-417: The day shift and another 12 on the night shift. Every time a rash of burglaries broke out, officials blamed burglars from New York City. Finally, in 1855, a modern police force was created, employing 150 men. Voters complained of inadequate protection and excessive costs. In 1857, the state legislature merged the Brooklyn force with that of New York City. Fervent in the Union cause, the city of Brooklyn played

9280-535: The earlier Central Park ) into the center of the county, as evinced by gradual settlement in the comparatively rustic villages of Windsor Terrace and Kensington in the Town of Flatbush. By century's end, Dean Alvord 's Prospect Park South development (adjacent to the village of Flatbush) would serve as the template for contemporaneous " Victorian Flatbush " micro-neighborhoods and the post-consolidation emergence of outlying districts, such as Midwood and Marine Park . Along with Oak Park, Illinois , it also presaged

9396-575: The first major engagement fought in the American Revolutionary War after independence was declared , and the largest of the entire conflict. British troops forced Continental Army troops under George Washington off the heights near the modern sites of Green-Wood Cemetery , Prospect Park , and Grand Army Plaza . Washington , viewing particularly fierce fighting at the Gowanus Creek and Old Stone House from atop

9512-412: The first, kernel incarnation of the City of Brooklyn in 1834. In a parallel development, the Town of Bushwick, farther up the river, saw the incorporation of the Village of Williamsburgh in 1827, which separated as the Town of Williamsburgh in 1840 and formed the short-lived City of Williamsburgh in 1851. Industrial deconcentration in the mid-century was bringing shipbuilding and other manufacturing to

9628-431: The five boroughs of New York City, the most populous county in the state. Brooklyn, at 37,339.9 inhabitants per square mile (14,417.0/km ), is the second most densely populated county in the U.S. after Manhattan (New York County), as of 2022. Had Brooklyn remained an independent city, it would now be the fourth most populous American city after the rest of New York City, Los Angeles , and Chicago . Named after

9744-591: The founders and chief executive officers informally, are done to promote efficiency in the workplace, which is needed to get their business off the ground. In a 1960 study, Douglas McGregor stressed that punishments and rewards for uniformity in the workplace are not necessary because some people are born with the motivation to work without incentives. Some startups do not use a strict command and control hierarchical structure, with executives, managers, supervisors and employees. Some startups offer employees incentives such as stock options , to increase their "buy in" from

9860-491: The founders may close or exit the startups. Sustaining effort is required as the startup process can take a long period of time, by one estimate, three years or longer. Sustaining effort over the long term is especially challenging because of the high failure rates and uncertain outcomes. Some startup founders have a more casual or offbeat attitude in their dress, office space and marketing , as compared to executives in established corporations. For example, startup founders in

9976-452: The founders themselves using "bootstrapping", in which loans or monetary gifts from friends and family are combined with savings and credit card debt to finance the venture. Factoring is another option, though it is not unique to startups. Other funding opportunities include various forms of crowdfunding , for example equity crowdfunding, in which the startup seeks funding from a large number of individuals, typically by pitching their idea on

10092-492: The illusion of control ). Below are some of the most critical decision biases of entrepreneurs to start up a new business. Startups use several action principles to generate evidence as quickly as possible to reduce the downside effect of decision biases such as an escalation of commitment, overconfidence, and the illusion of control. Many entrepreneurs seek feedback from mentors in creating their startups. Mentors guide founders and impart entrepreneurial skills and may increase

10208-468: The last decade, Europe has developed a rapid start-up scene that has given birth to global players, including more than 70 unicorns, and has created more than two million jobs. Investment in European start-ups increased sixfold between 2010 and 2020, reaching approximately €40 billion. Europe does a poorer job of nurturing young companies because of a failure to support their development into industry leaders. Promising European start-ups then struggle to raise

10324-456: The long run. Venture capital is the money of invention that is invested into young businesses which hold no historic background. Usually, the business of venture capital is highly risky but one can at the same time expect high returns as well. In the United States, the solicitation of funds became easier for startups as result of the JOBS Act . Prior to the advent of equity crowdfunding ,

10440-399: The loss of Brooklyn's separate identity as a city was met with consternation by some residents at the time. Many newspapers of the day called the merger the "Great Mistake of 1898", and the phrase still elicits Brooklyn pride among old-time Brooklynites. Brooklyn is 97 square miles (250 km ) in area, of which 71 square miles (180 km ) is land (73%), and 26 square miles (67 km )

10556-434: The market situation. In their 2013 study, Kask and Linton develop two ideal profiles, or also known as configurations or archetypes, for startups that are commercializing inventions. The inheritor profile calls for a management style that is not too entrepreneurial (more conservative) and the startup should have an incremental invention (building on a previous standard). This profile is set out to be more successful (in finding

10672-410: The name that its origin has been debated; some have claimed breuckelen means "broken land". The current name, however, is the one that best reflects its meaning. The history of European settlement in Brooklyn spans more than 350 years. The settlement began in the 17th century as the small Dutch-founded town of "Breuckelen" on the East River shore of Long Island , grew to be a sizeable city in

10788-470: The name was shortened to The Brooklyn Daily Eagle ; on September 5, 1938, it was further shortened to Brooklyn Eagle . The establishment of the paper in the 1840s helped develop a separate identity for Brooklynites over the next century. The borough's soon-to-be-famous National League baseball team, the Brooklyn Dodgers , also assisted with this. Both major institutions were lost in the 1950s:

10904-454: The nation. Brooklyn contains dozens of distinct neighborhoods representing many of the major culturally identified groups found within New York City. Among the most prominent are listed below: Over 600,000 Jews , particularly Orthodox and Hasidic Jews , have become concentrated in such historically Jewish areas as Borough Park , Williamsburg , and Midwood , where there are many yeshivas , synagogues , and kosher restaurants, as well as

11020-514: The necessary capital to expand and mature. They are forced to either relocate to the US's deep capital markets or sell themselves to larger rivals with more financial availability. As a result, start-ups in the United States can typically raise far more money—up to five times as much as in Europe. Investors are generally most attracted to those new companies distinguished by their strong co-founding team,

11136-433: The northern part of the county. Each of the two cities and six towns in Kings County remained independent municipalities and purposely created non-aligning street grids with different naming systems. However, the East River shore was growing too fast for the three-year-old infant City of Williamsburg; it, along with its Town of Bushwick hinterland, was subsumed within a greater City of Brooklyn in 1855, subsequently dropping

11252-850: The ones participating. At this stage the level of risk and payoff are at their greatest. The next round is called Series A . At this point the company already has traction and may be making revenue. In Series A rounds venture capital firms will be participating alongside angels or super angel investors. The next rounds are Series B , C, and D. These three rounds are the ones leading towards the Initial Public Offering ( IPO ). Venture capital firms and private equity firms will be participating. Series B: Companies are generating consistent revenue but must scale to meet growing demand. Series C & D: Companies with strong financial performance looking to expand to new markets, develop new products, make an acquisition, and/or preparing for IPO. After

11368-1024: The opposite of whatever decision they are about to make tends to reduce biases such as overconfidence, the hindsight bias , and anchoring. In startups, many decisions are made under uncertainty, and hence a key principle for startups is to be agile and flexible. Founders can embed options to design startups in flexible manners, so that the startups can change easily in future. Uncertainty can vary within-person (I feel more uncertain this year than last year) and between-person (he feels more uncertain than she does). A study found that when entrepreneurs feel more uncertain, they identify more opportunities (within-person difference), but entrepreneurs who perceive more uncertainties than others do not identify more opportunities than others do (no between-person difference). Startups may form partnerships with other firms to enable their business model to operate. To become attractive to other businesses, startups need to align their internal features, such as management style and products with

11484-498: The paper closed in 1955 after unsuccessful attempts at a sale following a reporters' strike, and the baseball team decamped for Los Angeles in a realignment of Major League Baseball in 1957. Agitation against Southern slavery was stronger in Brooklyn than in New York, and under Republican leadership, the city was fervent in the Union cause in the Civil War . After the war the Henry Ward Beecher Monument

11600-761: The participants and the training. The size and maturity of the startup ecosystem is where a startup is launched and where it grows to have an effect on the volume and success of the startups. The startup ecosystem consists of the individuals (entrepreneurs, venture capitalists, angel investors , mentors, advisors); institutions and organizations (top research universities and institutes, business schools and entrepreneurship programs and centres operated by universities and colleges, non-profit entrepreneurship support organizations, government entrepreneurship programs and services, Chambers of commerce ) business incubators and business accelerators and top-performing entrepreneurial firms and startups. A region with all of these elements

11716-594: The principles of customer development and Lean Startup to technology-based startup projects. As startups are typically thought to operate under a notable lack of resources, have little or no operating history, and to consist of individuals with little practical experience, it is possible to simulate startups in a classroom setting with reasonable accuracy. In fact, it is not uncommon for students to actually participate in real startups during and after their studies. Similarly, university courses teaching software startup themes often have students found mock-up startups during

11832-403: The process. Hasche and Linton argue that startups can learn from their relationships with other firms, and even if the relationship ends, the startup will have gained valuable knowledge about how it should move on going forward. When a relationship is failing for a startup it needs to make changes. Three types of changes can be identified according to Hasche and Linton: Startups need to learn at

11948-404: The prototypes and get the product or service ready for market. Externally they are expected to meet milestones of investors and other stakeholders to ensure continued resources from them on the startups. Coping with stress is critical to entrepreneurs because of the stressful nature of starting up a new firm under uncertainty. Coping with stress unsuccessfully could lead to emotional exhaustion, and

12064-561: The same sector with more or less the same activities, have an increased chance of becoming a better entrepreneur. However, some studies indicate that restarters are more heavily discouraged in Europe than in the US. Many institutions and universities provide training on startups. In the context of universities, some of the courses are entrepreneurship courses that also deal with the topic of startups, while other courses are specifically dedicated to startups. Startup courses are found both in traditional economic or business disciplines as well as

12180-493: The sense that the startup has the potential to grow rapidly with a limited investment of capital, labor or land. Timing has often been the single most important factor for biggest startup successes, while at the same time it's identified to be one of the hardest things to master by many serial entrepreneurs and investors. Startups have several options for funding. Revenue-based financing lenders can help startup companies by providing non-dilutive growth capital in exchange for

12296-428: The side of information technology disciplines. As startups are often focused on software, they are also occasionally taught while focusing on software development alongside the business aspects of a startup. Founders go through a lot to set up a startup. A startup requires patience and resilience, and training programs need to have both the business components and the psychological components. Entrepreneurship education

12412-638: The southern part of the county. Toward the end of the 19th century, the City of Brooklyn experienced its final, explosive growth spurt. Park Slope was rapidly urbanized, with its eastern summit soon emerging as the city's third "Gold Coast" district alongside Brooklyn Heights and The Hill; notable residents of the era included American Chicle Company co-founder Thomas Adams Jr. and New York Central Railroad executive Clinton L. Rossiter. East of The Hill, Bedford-Stuyvesant coalesced as an upper middle class enclave for lawyers, shopkeepers, and merchants of German and Irish descent (notably exemplified by John C. Kelley,

12528-537: The southern parts of Brooklyn, primarily concentrated in Sunset Park , Bensonhurst , Gravesend , and Homecrest . Brooklyn is the borough that is home to the highest number of Chinatowns in New York City . The largest concentration is in Sunset Park along 8th Avenue, which has become known for its Chinese culture since the opening of the now-defunct Winley Supermarket in 1986 spurred widespread settlement in

12644-402: The stage of growth of the company. Startup investing is generally divided into six stage, namely While some (would-be) entrepreneurs believe that they can't start a company without funding from VC, Angel, etc. that is not the case. In fact, many entrepreneurs have founded successful businesses for almost no capital, including the founders of MailChimp , Shopify , and ShutterStock . If

12760-520: The start up (as these employees stand to gain if the company does well). This removal of stressors allows the workers and researchers in the startup to focus less on the work environment around them, and more on achieving the task at hand, giving them the potential to achieve something great for both themselves and their company. The failure rate of startup companies is very high. A 2014 article in Fortune estimated that 90% of startups ultimately fail. In

12876-466: The technology covered by the patents. Startup investing is the action of making an investment in an early-stage company. Beyond founders' own contributions, some startups raise additional investment at some or several stages of their growth. Not all startups trying to raise investments are successful in their fundraising. Venture Capital is a subdivision of Private Equity wherein external investors fund small-scale startups that have high growth potential in

12992-532: The technology to provide internet access, others using the internet to provide services. Most of this startup activity was located in the most well-known startup ecosystem - Silicon Valley , an area of northern California renowned for the high level of startup company activity: The spark that set off the explosive boom of "Silicon startups" in Stanford Industrial Park was a personal dispute in 1957 between employees of Shockley Semiconductor and

13108-560: The western portion of Queens County , and the county of New York , which by then already included the Bronx , to form the five boroughs of a united City of New York. Andrew Haswell Green and other progressives said yes, and eventually, they prevailed against the Daily Eagle and other conservative forces. In 1894, residents of Brooklyn and the other counties voted by a slight majority to merge, effective in 1898. Kings County retained its status as one of New York State's counties, but

13224-421: The world, Brooklyn has evolved a globally cosmopolitan ambiance of its own, demonstrating a robust and growing demographic and cultural diversity with respect to metrics including nationality, religion, race, and domiciliary partnership . In 2010, 51.6% of the population was counted as members of religious congregations. In 2014, there were 914 religious organizations in Brooklyn, the 10th most of all counties in

13340-440: Was built downtown to honor a famous local abolitionist . A great victory arch was built at what was then the south end of town to celebrate the armed forces; this place is now called Grand Army Plaza . The number of people living in Brooklyn grew rapidly early in the 19th century. There were 4,402 by 1810, 7,175 in 1820 and 15,396 by 1830. The city's population was 25,000 in 1834, but the police department comprised only 12 men on

13456-462: Was consolidated in and annexed (along with other areas) to form the current five-borough structure of New York City in accordance to the new municipal charter of " Greater New York ". The borough continues to maintain some distinct culture . Many Brooklyn neighborhoods are ethnic enclaves . With Jews forming around a quarter of its population, the borough has been described as "the most Jewish spot on Earth". Brooklyn's official motto, displayed on

#835164