Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Photo A Wework member working in one of the many unique spaces at Wework headquarters in the New York City neighborhood of Chelsea. Credit Cole Wilson for The New York Times WeWork, which rents out offices and desks to freelancers and budding companies, has been on a fund-raising tear. In just five years, the New…
This article originally appeared on AlterNet. Mariana Mazzucato is a professor in the Economics of Innovation program at the Science Policy Research Unit of the University of Sussex. Her widely acclaimed book, The Entrepreneurial State: Debunking Public vs. Private Sector Myths, reveals the critical role that we, the taxpayers, play in the creation of the most…
In March 2000, the financial weekly Barron’s published an infamous study under the headline “Burning Up.” It focused on scores of unprofitable Internet companies, specifically analyzing their “burn rates”—their pace of cash consumption until there’s nothing left–and presciently predicted the ugly result when capital raising turned difficult. The screen turned up then-prominent and now-forgotten gems,…
Begin: Right Rail Advertisement Container End: Right Rail Advertisement Container Begin: WordPress Article Content Twitter’s epic bust up with developers several years ago was one of the bigger bumps in the company’s rocky history, so now, as the social media company is working to reboot the business under new CEO Jack Dorsey, it kicked off its big developer…
Underscoring the complicated relationship between the tech world and traditional entertainment, Snapchat has done a course correction on its original content strategy, opting to shut down its Snap Channel permanently, leading to the departure of a number of employees, including Marcus Wiley, Head of Program Planning and Development. Launched in January, Snap Channel had marked Snapchat’s foray into self-generated original content. The…
Twitter/@jorgecortell It went like this. At a reverse-demo event in New York last night, Jorge Cortell, the CEO of the healthcare startup Kanteron Systems, noticed a female attendee wearing shoes. He snapped a picture of the shoes. He then tweeted the picture of the shoes. This is what he said: Event supposed to be for entrepreneurs,…
Flickr/Michael Goodin The number of private tech companies valued at $1 billion or more has surged so much this year that on average 1.3 so-called unicorn companies have been created every week in 2015, according to data from CB Insights. But now it looks like winter is coming to Silicon Valley. Fortune’s Dan Primack went to…
Stephanie Burns came up with the idea for Chic CEO, a free online platform for female entrepreneurs, in 2008, when she was getting her MBA. Many of her friends had lost jobs in the recession and were asking her for tips on how to start their own businesses. After hosting about 15 friends at…
Post Author Credit By Staff The Associated Press WATCH ABOVE: Police raid Uber’s Hong Kong offices HONG KONG – Hong Kong police arrested five Uber drivers and searched the ride-hailing app’s office in the Asian financial centre. Police said Tuesday that officers posing as customers arrested the five drivers in an operation aimed at combating…
Two more Uber drivers were arrested yesterday, just hours after Hong Kong’s police chief warned of a further crackdown on the car-hailing service, following the arrests of five drivers and three company staff on Tuesday. As the battle for control of the city’s roads plays out, it emerged the police joined a meeting during which…