Wayne Sutton, wall street journal The question for this week’s accelerators on the Wall Street Journal was about the pros and cons of having mentors. You can read an excerpt of my response below and the full article here.

Mentors can provide entrepreneurs with key introductions and product feedback. They can also be a deciding factor when you’re stuck on a decision. A good mentor sometimes will cheer you on when your journey gets tough. But they can also be that person who looks you in the eye and tells you the hard truth that you may not want to hear.

While they can be great, from my experience one of the few cons of having mentors is knowing when to choose to take the advice of a mentor or when to trust and follow your own gut. Also I don’t recommend having too many mentors as you could be pulled in different directions. Mentors can give you advice based on their experience, but at the end of the day you are the one who has to make the call.

You can read the full article here on the Wall Street Journal: Wayne Sutton: Your Cheerleader – and Your Harshest Critic

Yahoo’s acquisition of Tumblr was not only a win for Tumblr’s investors and founders but for the New York tech scene as well. As before yesterday New York never had a billion dollar startup that was venture-backed.

CB Insights reports New York’s 10 Biggest Venture Capital Exits, as you can see below with Tumblr leading the way.

nyc-based-acquisitions-1

It will be interesting to see if other New York startups such as Foursquare, Meetup and Fab will join the list or billion dollar exit in years to come.

Video: Startup Lessons Learned – Google I/O Caterina Fake, Slava Rubin, Mary Lou Jepsen, Julia Hartz
moderated by Mary Grove

The road to success includes many lessons learned along the way. From idea to exit, this panel of star studded founders share insights on how they tackled key challenges from product development to hiring and all the things they wish they woul

In February 2013 Pew Research released their research on the Demographics of Social Media. Which has some interesting data such as:

77% of the average age of social media users are between 30-49
71% of women use social media versus 62% of men
The household income of top social media use is less than $30k

The ethnicity breakdown is:
Hispanics 72%
Black, Non-Hispanic 68%
White, Non-Hispanic, 65%

SNS users



Which-demographics-use-what-social-media

I was also interviewed by USA Today about the diversity of social media use in an article called: Minorities rush to Twitter, Instagram, smartphones

H/T: Divas & Dorks

Presentation Description
Black Enterprise Entrepreneurship Conference Bootcamp Description

BE Small Business Success™ Boot Camp A- Small Biz Go Mobile
Hosted by Dell
Look alive, soldiers. Boot camp is in session! Learn the drill on taking your small business mobile with the latest technology, productivity tips and more!

35 Ways to Build an app online via creativebloq

Other Online Learning Resournces via Redit: Reddit’s list of the best online learning centers.

Build Your Own Web or Mobile App In Minutes With These Cloud Based Tools via Forbes

One question I often get asked about is what are some tools to create mockups, wireframes. Luckily smashinghub has currated a list of 20 Best UX Design and Wireframing Tools for Mobile . Out of the 20, my favorites are:
FluidUI
Balsamiq
HotGloo

Another wireframing tool I like that’s not listed is LucidChart

You can see the full list of 20 Best UX Design and Wireframing Tools for Mobile here.

What is your favorite Design and Wireframing Tool?