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    How tech’s lack of empathy is demonizing Silicon Valley

    A scene from the HBO series Silicon Valley

    A scene from the HBO series ‘Silicon Valley’

    Silicon Valley is in danger of becoming the next ‘Wall Street,’ the villainous epicenter of America’s heartless financial industry – a magnet for ambitious bankers bound for greed and glory.

    So concludes Om Malik, the highly respected founder and former senior writer for GigaOM, now a partner in the San Francisco venture capital firm True Ventures, writing in this week’s The New Yorker.

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      How a hashtag created a community

      screen-shot-2016-09-23-at-3-46-58-pmIsis Anchalee is a software engineer at Uber.  A year ago she was featured in a recruitment poster. That’s when she shared the tweet that gave birth to #iLookLikeAnEngineer. Soon, things took off.

      #iLookLikeAnEngineer made it into Google’s Year in Search compilation: https://goo.gl/sABDfy

      An Indiegogo campaign raised $47,285, which was 133% of goal, for an #ILookLikeAnEngineer billboard.

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        How to fund your next startup

        By David Meister | July 24, 2016

        Screen Shot 2016-07-24 at 1.53.03 PM

        Earlier this year, Intel trimmed its workforce by 12,000 jobs. This will, in my opinion, contribute to the latest round of entrepreneurs to fill up new We Work locations.

        Mainly older employees with longevity will be asked to leave. The job market for them, being 50+ will not be so inviting.

        What will the former Intel employees end up doing? Well, you heard it here, first: The ones not hired back by Intel (perhaps as “temporary” employees, or consultants), or hired by other chip companies, will inevitably entertain entrepreneurial thoughts around their pet technological ideas.

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          Equity crowdfunding: a good idea gone ‘pretty much to Hell’

          By Richard Wallace | April 16, 2016

          Screen Shot 2016-04-16 at 4.56.58 PM

          Equity crowdfunding is coming to the U.S. on May 15th in the form of new investment options for small-capital public market investors.

          Growth companies soon will be able to raise up to $50 million from unaccredited investors in a mini-IPO style offering serving as a potential alternative to venture capital or other institutional capital. But it’s not much of an alternative critics say, and not likely to be competitive with U.S.

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            Balance sheets: a snapshot of your financial condition

            By David Meister | February 12, 2016

            Screen Shot 2016-02-12 at 2.39.34 PMLast time we discussed the Asset side of the balance sheet. Now on to the other side, that “balances” with the Asset side (i.e. equals the total assets), and is called “Liabilities and Equity.”

            Equity can be considered a form of liability, in the economic sense, if not in the accounting sense. It’s a claim the owners of the company have, in that they expect to receive a “return” on their investment(s).

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              Balance sheets: a snapshot of your financial condition

              By David Meister | November 21, 2015

              Balance sheets: a snapshot of your financial condition

              Last time I talked about cash flow.

              Now, I’d like to discuss the balance sheet. So named because of two things: it shows the “balances” of all assets, liabilities, and equity accounts at a particular point in time (key concept), and because the asset side must balance (i.e. be equal to) the liability and equity side.

              So, some definition of terms.

              Assets: Things of value that you own, or have a right to use

              Liability: Things you owe; you will be paying to someone at some time in the future (“I owe, I owe, so off to work I go…”) Anyway, I digress.

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                From culture to commerce: makers transition to suppliers

                By Richard Wallace | August 7, 2015

                maker movement

                The DIY maker movement, a culture of tinkers, hackers, and creators, is generating its own commercial, ‘maker-to-maker’ channel, provisioning unique components, kits, and high-tech building blocks to other makers.

                Examples of emerging maker suppliers include market newcomers like Modulo, Zymbit, Flutter Wireless, uARM, Tapster; companies usually founded by DIYs or makers with extensive technical and business experience in the sector.

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                  Millennials lead WEF Technology Pioneers 2015

                  By Nitin Dahad | August 5, 2015

                  US millennial entrepreneurs lead WEF Technology Pioneers 2015The latest report from the World Economic Forum says the USA still leads the list of its annual Technology Pioneers list, due largely to its entrepreneurs with millennial mindsets, availability of large domestic markets, and access to venture capital funding. Its list of tech pioneers consists of 49 companies from 10 countries.

                  Its main conclusion is that entrepreneurs are using their ‘millennial mindset’ and the record amount of venture capital available to address challenges in fields such as medtech, fintech, digital security and energy.