As entrepreneurs, we’re always looking for ways to maximize profit. The problem is, we don’t know where to look. We think generating more leads is the only way to get more business when in fact, we can’t see the hidden profits right under our noses. When looking for more profit, start with what you are offering and to whom. Read more>>
Monthly Archives: September 2018
Why This VC Is Pouring Millions Into Startups Building ‘a Sci-Fi Future’
Lux Capital co-founder and managing partner Josh Wolfe has backed startups that are working on everything from neurostimulation to nuclear energy to synthetic biology. To the regular person, Lux’s investments are considered moonshot. During our interview, I actually called one of his companies “freaking crazy.” Read more>>
The Definition Of A Startup In 2018 (By The Numbers)
What is a startup? It’s a surprisingly hard question and everyone has a different answer. A few years ago, I took a stab at a response myself, coming up with a somewhat-serious list of rules that set parameters around startup status. What I originally scribbled down as dividing lines between startups and more mature companies needs to be revised. So let’s come up with a 2018-era definition of what a startup. Read more>>
This continent is brimming with potential and opportunity
I’ve been traveling to Africa regularly for more than two decades. Whenever I go, I’m struck by the huge numbers of young people I see. Sixty percent of Africans are under the age of 25. The median age is 19. (By comparison, in North America it’s 35.) And the number of young people in Africa is expected to grow in the decades ahead. Read more>>
Does Eating Together Improve Negotiations?
Researchers have recently started to examine the act of eating together while negotiating and its impact on the final deal. While most of us would expect that sharing a meal would positively affect our negotiation outcomes, the findings point to a more nuanced and strategic choice. Indeed, the effect of food and its presentation on negotiation outcomes can vary depending on individual circumstances.
“Golden period” for space startup investment continues
Funding of space ventures has grown significantly over the last 18 months, said Mark Boggett, managing director of Seraphim Capital, during a panel discussion Sept. 12 at Euroconsult’s World Satellite Business Week here, from $500 million in the first quarter of 2017 to $1 billion in the second quarter of 2018. Read more >>
What Is Blockchain Technology?
Blockchain technology offers a way for untrusted parties to reach consensus on a common digital history. A common digital history is important because digital assets and transactions are in theory easily faked and/or duplicated. Blockchain technology solves this problem without using a trusted intermediary. Read more>>
This Founder Says To Not Be Afraid To Pivot Your Startup
Customer support is a critical, yet tricky function for an enterprise company to perform well at scale. Sinan Ozdemir, 26, and Jamasen Rodriguez, 25, saw an opportunity to use artificial intelligence (AI) to automate communications, Kylie.ai. Kylie.ai uses AI to help train and support customer support agents, as well as automate communications on their behalf to quickly assist consumers in need of help. Read more>>
Quantum computing is almost ready for business, startup says
Quantum computing–which harnesses the peculiar physics of subatomic scale–long appeared to be a technology of the far future, maybe decades away. But the sci-fi tech is coming to market way sooner than was expected just a few years ago, due to new thinking on how to make use of its still-imperfect capabilities. Read more>>
Boeing leads $10 million funding round for BridgeSat laser communications venture
Boeing HorizonX Ventures is leading a $10 million investment round to boost BridgeSat, a Denver-based satellite communications company that aims to use laser technology for ground-to-space data connectivity. Founded in 2015, BridgeSat is developing a network of optical ground stations and proprietary space terminals for use with satellites in low Earth orbit and geostationary orbit. Read more>>