A Look Back at Innovation Daily
Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Below, we take a look at a handful of relevant stories compiled from the last week.
- Why the Series A Crunch Might Be a Good Thing
Ash Rust had good reason to think his start-up would take off. In 2012, Rust and co-founder Garrett Johnson raised $2 million in seed funding in two weeks. Their service worked well, and more than 5,000 businesses signed up. So when it came time last spring to hit up VCs for the several million dollars in Series A funding SendHub needed to keep growing, Rust expected smooth sailing.
- Why Bitcoin Matters
A mysterious new technology emerges, seemingly out of nowhere, but actually the result of two decades of intense research and development by nearly anonymous researchers. Political idealists project visions of liberation and revolution onto it; establishment elites heap contempt and scorn on it.
- Ways to Create Ecosystems
Stanford University Entrepreneurship Corner
Astia CEO Sharon Vosmek shares research on what factors really increase group intelligence on teams: 1) Social perceptiveness of the team members, 2) Evenness of conversation over ideas between team members, and 3) The proportion of women on the team.
- 6 Sideline Trends Poised to Change the Entrepreneurship Game
If you want to be perfectly on trend in 2014, you might consider launching a Bitcoin-related startup in Austin. If you do, make sure you bring on plenty of executive-lady power, don't even think about taking your startup public, and be sure you have an aggressive, multi-channel social media strategy. Oh, and one more thing: Your company had best be working to save the world in some way.
- State-sponsored VC Fund Shaping Up
Milwaukee Journal Sentinel
Sun Mountain Kegonsa, selected to oversee the state-sponsored venture capital effort, envisions creating a handful of funds across Wisconsin that seeds as many as 100 early-stage, job-creating companies and breeds a new generation of young venture capitalists.