Thanks to the revolutions happening in the Middle East, our leaders have been touting social media as the new force for democracy. President Obama went out of his way to schmooze Facebook employees this week. He told them that when it comes to solving the challenges our country faces and to precipitating changes in the rest of the world, they were “at the cutting edge of what’s… → Read More
After having been a tech executive for many years, I needed to take a break, and I wanted to give back to society. Duke University engineering dean Kristina Johnson gave me a great spiel about how the school’s Masters of Engineering Management program churns out great engineers, and how engineers solve the world’s problems. She said that I could make a big impact by teaching engineering… → Read More
Resolute Marine Energy— a Boston startup whose technology harnesses wave energy for power generation, and transports seawater to on-shore desalination facilities— won Global Entrepreneurship Week’s inaugural Startup Open, the competition’s directors revealed today.
As their prize, co-founders and core team members of Resolute Marine receive an all-expenses-paid, one-day trip to the… → Read More
I knew I would be touching a raw nerve with my last two posts, on patents. But I was really surprised at the divergence of opinion. Entrepreneurs overwhelmingly supported my stance that software patents hamper innovation and need to be abolished, but friends in Microsoft, IBM, and Google were outraged at my recommendation. The big companies’ executives argued that abolishing patents would hurt… → Read More
My last post triggered some interesting debates in the blogosphere about whether entrepreneurs were a product of nature or could be nurtured. It’s not black or white. People are a product of their upbringing and education. Average humans can achieve extraordinary feats when they really try. I’ll concede that, like some great athletes, some great entrepreneurs may have something different about… → Read More
Silicon Valley investors often have a picture in their heads of the type of person who is worthy of funding: young, brash, stubborn, and arrogant. They believe that successful entrepreneurs come from entrepreneurial families and that they start their entrepreneurial journey by selling lemonade while in grade school. Angel investor and entrepreneur, Jason Calacanis said as much in his recent talk… → Read More
“People in technology businesses are drawn to places known for diversity of thought and open-mindedness”, is what Professor Richard Florida concluded after studying the growth and success of 50 metropolitan areas in the U.S. The most successful regions were those with the most gays, bohemians, and immigrants. These groups flourish in Silicon Valley, and its diversity has undoubtedly provided… → Read More
I’m in India this weekend with fellow TechCrunch/BusinessWeek writer Sarah Lacy. After we’re done with the elephant rides in Jaipur, we’re going to be meeting local tech startups. Then we head back to New Delhi to meet more aspiring entrepreneurs. Sarah is writing a book on how startup culture has gone global and I’m researching how R&D has globalized. It never ceases to amaze me how you… → Read More
The Kauffman Foundation, an organization devoted to fostering and supporting entrepreneurship, has acquired StudentBusinesses.com, a startup that focuses on connecting university student entrepreneurs with advisors and potential investors. Founded by several Harvard students, StudentBusinesses.com launched in 2007 and is based in Boston.
The terms of the acquisition were not disclosed and it’s… → Read More