Fast tracking entrepreneurship and innovation
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(The original post can be found here on Techcrunch)
November 2005 Venture funding works like gears. A typical startup goes through several rounds of funding, and at each round you want to take just enough money to reach the speed where you can shift into the next gear. Few startups get it quite right.
What We Do Y Combinator does seed funding for startups.
A few years ago, a group of economists led by Nobel prize winning Joseph Stiglitz tried to develop measurements of societal well-being beyond the standard metric of GDP , which only measures a narrow spectrum of economic activity. Beyond any of their specific recommendations, though, their report brought to light the history of GDP, a history that is incredibly instructive for the coming age of big data. The story?
The world is currently standing “on the cusp of a post-industrial revolution.”
If "Occupy X" is about protesting jagged inequalities, are we due to see "Occupy The Ivy’s" anytime soon? Tuition hikes and rising student debt are conspiring to make post-secondary education more wretchedly expensive every day.