William Sahlman, professor of entrepreneurship at the Harvard Business School
The U.S. economy is in a tough state, with mile-high deficits and slow growth in jobs. There are other countries that are pulling ahead, but some cling to the hope that startups and the spirit of entrepreneurship embodied in Silicon Valley could save the country. That’s one of the conclusions reached by a team of Harvard Business School professors who toured the valley this fall.
Three billion dollars is almost triple the entire 2011 Black Friday sales of e-commerce sites in the United States.
The Chinese e-commerce giant Alibaba shocked the web last week with the news that its subsidiaries Taobao (like a Chinese eBay) and T-mall (like Amazon) sold a massive $3.06 billion in product in a single 24-hour period.
The world’s unquestionable leader in generating high-tech start-ups that launch new technologies that change the way we live and work is Silicon Valley. Many cities around the world have tried to emulate its success. But until recently, the data has been lacking to calibrate and rank how far they have come.
Software engineers now outnumber farmers and have almost caught up with lawyers.
Over the last two years Shawn and Stephanie Grimes have spent much of their time in pursuing their dream of doing research and development for Apple, the world’s most successful corporation.
Models with no makeup and natural, professional and glamorous makeup.
In a recent study from the Massachusetts General Hospital, Harvard Medical School, Dana-Farber Cancer Institute, Procter & Gamble, and Boston University, they had a sampling of over 200 individuals, both men and women, participants rated women wearing makeup as more competent than women without makeup.
Faster internet connections have made viewers more impatient.
Revenues are declining for the traditional forms of online advertising. Emerging as a bright spot for many media companies is the video. It offers an opportunity for long engagement and hefty ad rates — but also a challenge to make it work.
It has always been undisputed that Silicon Valley has been the start-up capital of the world because it is overflowing with investors, mentors, and start-ups in every stage of development. But an affordable and laid-back alternative to Silicon Valley, the Mile-High City is building a vibrant start-up community.
Young, urban African consumer generation on the rise.
There is tremendous potential in Africa and most investors and businesses know this by now. Africa is the world’s second fastest growing region, second to Asia. And it may come as a surprise to most that Africa’s single-largest business opportunity is the rising consumer market.
People hoping to get their business ideas funded by peers are posting their projects on Kickstarter more and more. But that doesn’t mean their ideas are finding any more success on the crowdfunding site.
Taiwanese entrepreneurs have begun to seek market opportunities outside the U.S. in the phenomenon called the reverse brain drain.
Many foreign entrepreneurs clamor at America’s gates to get a piece of the innovation incubator of Silicon Valley. But Jerry Chang, a serial entrepreneur and Taiwanese immigrant, has done what most hopeful incomers would consider the unthinkable and taken his business offshore. In 2009, he established mobile payment company Mobile Radius. Rather than found the company in the U.S., let alone his native Taiwan, Chang decided to take his business to China. To many, his decision is a surprising one. Chang does not face the typical obstacles most immigrant entrepreneurs encounter. He acquired U.S. citizenship over two decades ago and has significant experience in the tech field. His first company, Clarent Corp., had boasted a client list of big-named companies like AT&T Worldnet, China Telecom, and Telstra.
Tomorrow’s IT department will likely look very different to today’s.
Meeting business demands to save money while supporting delivery of better products and ways of working will be key to the future of IT. The IT department is under pressure to change if it is to meet conflicting demands to support innovation while also saving cost.
The process of getting a visa is slow, expensive, time-consuming, and often unsuccessful.
It seemed like all of the stars were aligning for Jay Meattle in early 2010. He had raised several hundred thousand dollars from investors in Boston for his start-up, Shareaholic. And the company, which enables people to easily share online content they find interesting, had just passed the milestone of 1 million users.
