For Startup Accelerators, (Class) Size Does Matter
December 20, 2112 | Wall Street Journal
Turns out, with accelerators, size really does matter. While startup accelerator Y Combinator has sliced the size of its next class by around 40% after deciding that it grew too fast, competing, smaller accelerators are either maintaining their class sizes or, in at least one case, expanding a little. In the land of startups, changes to incubators is kind of a big deal.
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St. Louis Moves to the Front in Tech-job Growth
May 19, 2013 | St Louis Post Dispatch
Some people in technology hotbeds such as Silicon Valley, Seattle or northern Virginia must be scratching their heads about what’s going on in St. Louis. Granted, the tech industry here is tiny by comparison, but St. Louis is starting to show up in statistics as a growth market. Dice.com, a technology recruiting site, says its listings are growing faster in St. Louis than in any large city in the country.
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As Technology Marches On; Privacy Can Topple
Rebuilding the Coastline, but at What Cost?
May 19, 2013 | New York Times
When a handful of retired homeowners from Osborn Island in New Jersey gathered last month to discuss post-Hurricane Sandy rebuilding and environmental protection, L. Stanton Hales Jr., a conservationist, could not have been clearer about the risks they faced. “Do you really want to throw good money after bad?” he asked. Their answer? Yes. “It’s really hard,” he said. But the reality, he added, is “there’s no future there.”
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Donors Funneled $6.9M to JobsOhio
May 18, 2013 | Columbus Dispatch
Five anonymous donors provided the $6.9 million used to run JobsOhio in its first year, IRS records show.Gov. John Kasich’s privatized economic-development agency and its wholly owned subsidiary, the JobsOhio Beverage System, raised the money between July 5, 2011 — the day JobsOhio opened — and June 30, 2012.
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St Louis Arch Angels Invest $3.1M in First Quarter
May 18, 2013 | St Louis Post Dispatch
The St. Louis Arch Angels announced today that its members invested $3.1 million in early-stage companies during the first quarter. Of that amount, $462,000 represented the group's initial investments in three medical companies: Adarza Biosystems, BacterioScan and Kogent. Members also invested $2.6 million in eight companies that were already in the Arch Angels portfolio.
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