Japanese Startups Take on Silicon Valley; Numbers Have Grown Since Tsunami
February 5, 2012 | Washington Post/AP
For an emerging generation of Japanese innovators, the dream isn’t a job for life at a big company. They have new ambitions, and they’re determined to go places. Especially Silicon Valley. Small but growing numbers of Japanese entrepreneurs are jumping into the startup scene in northern California, particularly since the earthquake and tsunami last March.
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Accelerator Fund Brings Money and Focus to Technology Efforts in St Louis
February 5, 2012 | St Louis Post Dispatch
California entrepreneur Mark Comiso has started nine businesses in Silicon Valley, but he's coming to St. Louis to get his tenth off the ground. Two of his co-founders live here and, just as importantly, Comiso has found a supportive environment here. In fact, he says, his venture -- Click With Me Now -- might be just an idea if not for Capital Innovators, an accelerator fund in downtown St. Louis.
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Tax Break Increases Deficit, but May Have a Silver Lining
February 4, 2012 | New York Times
A corporate tax break for buyers of computers, engines and other equipment is proving surprisingly popular, depriving the federal government of tens of billions of dollars in expected revenue and increasing the amount it will need to borrow this year. But there may be a silver lining. The tax break aims to stimulate investment, and it seems to be working.
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Higher Pension Payments Rejected
February 4, 2012 | Arizona Daiily Star
A judge has rejected efforts by lawmakers to help balance the budget by forcing more than 200,000 state, university and school employees to pay larger pension contributions. Last year, lawmakers unilaterally altered the system to have workers contribute 53 percent of the cost, reducing the state's burden to 47 percent in an effort to save the state more than $41 million this year.
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Facebook Math: $1 Invested Can Earn You $800
February 4, 2012 | The Daily Beast
As Facebook’s IPO approaches, one venture capital firm—Accel Partners—is poised to land what’s likely the biggest payoff in history. Gary Rivlin on their record-setting bonanza.
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DC Entrepreneurs and Small Business Owners Work their ‘Side Hustles’
February 5, 2012 | Washington Post
One is a local crafter who specializes in hand made baby clothes. Another is a state department employee by day and talent agent on the side. A third is the director of a local non-profit All are part of an emerging collective of entrepreneurs that meets monthly for a session known as Side Hustle Saturdays. It's a chance for entrepreneurs to network and share ideas with other who are hustling to make it.
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Kansas Governor’s Big Agenda Is Off to a Slow Start
February 5, 2012 | Kansas City Star
Gov. Sam Brownback roared up to the Statehouse last week on his Big Dog motorcycle. It was a grand entrance for the Republican governor attempting to make a grand impact on Kansas. With just a year under his belt, Brownback has proposed a 2012 legislative agenda that’s already been labeled the nation’s most ambitious for any state.
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Who Really Benefits from Putting High-Tech Gadgets in Classrooms?
February 5, 2012 | Los Angeles Times
Something sounded familiar last week when I heard U.S. Education Secretary Arne Duncan and FCC Chairman Julius Genachowski make a huge pitch for infusing digital technology into America's classrooms. Where had I heard that before? So I did a bit of research, and found it. The quote: "Books will soon be obsolete in the schools.... Our school system will be completely changed in 10 years." The year was 1913
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Stamford Innovation Center Ready To Help Startup Companies Grow
February 4, 2012 | Hartford Courant
Before the Stamford Innovation Center even opens, it has already lured one entrepreneur from out of state whose fledgling business might soon contribute to Connecticut's economy. As the center prepares to open in a few weeks, Gov.Dannel P. Malloyon Thursday joined Stamford's mayor, a Sikorsky executive, and the innovation center's staff to celebrate its launch.
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Losing a Goose That Laid the Golden Egg
February 3, 2012 | New York Times
Not everyone on Wall Street is giddy over Facebook’s initial public offering of stock. A group of private exchanges has popped up in recent years to accommodate a fast-growing trading market in the private shares of the Internet companies like Twitter and LinkedIn. Facebook has driven much of this growth, emerging as the most actively traded private company by a wide margin.
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I.P.O. Euphoria, Without Much Memory
February 5, 2012 | New York Times
The financial system may not be in great shape, but why dwell on it? Stocks are rising and I.P.O. euphoria is in the air. “It’s like we’re finally emerging from nuclear winter for I.P.O.’s but we’ve forgotten our history,” said Harold Bradley, chief investment officer for the Kauffman Foundation and a former executive with the American Century mutual funds.
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Governor: Colorado's Innovation Evident on World Stage
February 5, 2012 | Denver Post
We met an entrepreneur named Svea Meyer at the World Economic Forum in Davos, Switzerland. Svea was a coffee-shop owner who is passionate about making coffee. On the back of her business card, she wrote: "Good coffee is not a coincidence. It has to be brewed with passion and mindfulness. No one involved in the coffee business should ever do less than that. Would you do less if you love something?"
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Just How Risky Is Entrepreneurship, Really?
February 4, 2012 | Bloomberg BusinessWeek
You may have a better chance of losing your job working for a big company. Maybe the most important point about entrepreneurship is that people who start or join new companies tend to actually like what they are doing.
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