Tech Czar Talk: 3 Cleveland startups are making the Beta stage look hot

Story excerpt provided by The Plain Dealer.

Written by Michael C. DeAloia.

A fascinating evolutionary change in entrepreneurship has been how startup companies get financed. Gone are the days of asking for $5 million up front to build a company. Investments now come in smaller increments with financial goals and hurdles attached with each one. Entrepreneurs and investors can quickly pivot or close a business without losing a lot of cash.

To test their business models, more and more entrepreneurs are now maneuvering their companies through what’s called a “Beta stage” to determine market acceptance and their technological chops.

Let’s look at three of Cleveland’s hottest Beta stage tech companies.

Click here to read the complete article.

Originally published December 21, 2014.

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