Michael Karnjanaprakorn

Do you have a billion dollar startup idea? Is it going to be the next Facebook, Paypal, or Google? If you’re an entrepreneur looking to raise capital, it’s almost impossible to raise money for a “small” idea that you might find amazing, game-changing, and innovative.
And you know what? It’s not the end of the [...]

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“You are the average of the 5 people you spend the most time with” — Jim Rohn
Are entrepreneurs born, or are they made? A recent Tech Crunch article argues that entrepreneurs can be made based on a $50M research project conducted by the Kauffman Foundation.
“The key is to provide education at “teachable moments” — [...]

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2010 is finally here and I think it’s going to be one of the best years yet.  I have friends traveling around the world, raising money for their startup, and others questioning conventions and the status-quo (hopefully to launch their own startup)!!  As we move into 2010, I thought I would share what I learned in [...]

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“You can tell by my attitude that I’m most definitely from New York
Concrete jungle where dreams are made of
There’s nothing you can’t do
Now you’re in New York
These streets will make you feel brand new
Big lights will inspire you
Let’s hear it for New York, New York, New York!”
Just in case you didn’t get the memo; the New York startup [...]

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I’ve been thinking a lot about investing into startups (if you couldn’t tell by my last post).  Most entrepreneurs spend the majority of the time thinking about how to get the highest valuation for their startup, and giving the investor the minimum amount of equity.  For the past couple of weeks, I’ve decided to look [...]

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Someday in the distant future, I would love to be an investor.  I’m a huge supporter of nurturing entrepreneurship (tech+social) in New York City, and would love to see more startups launching in that space. Let’s say I started a small $50M fund, I would split my investments over the following: 1) investing in companies; [...]

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Lat week Rafe Furst (my mentor/adviser/poker coach) wrote a blog post on “Investing in Superstars” which spread virally through the startup/investor communities.  The concept is simple but extremely polarizing:
Imagine you are in your early twenties, out of college several years and your best friend, who recently came into an inheritance of $300K cash told you [...]

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Disclaimer: This blog post was a thought piece. It was never meant to cover every logistical detail of how to launch and run a bank.  This is an article on how I would start a bank if I had to start one from scratch. Yes, it’s an insanely difficult to tackle but what isn’t?

I WANT [...]

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Today, digital ideas are easier and cheaper than ever to launch which has unleashed a whole army of young entrepreneurs with an idea and a dream.  Long gone are the days of investing millions of dollars into one “idea.”  Our generation has seen what happens when an individual invests all his time, money, and sweat [...]

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A couple of years ago, I had an idea to create a site that introduces remarkable people to each other.  I knew there was going to be a huge backlash to being connected online – facebook, twitter, etc.  I got tired of meeting new people online, which I regarded as “weak connections” without really forging [...]

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