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.
Not All Entrepreneurs Are Young
Most of the famous entrepreneurs we hear about are fairly young. We tend to read in the popular press about the Mark Zuckerbergs of the world and assume that all successful entrepreneurs launch businesses in their 20s. However, this couldn’t be further from reality. Recent studies show that older entrepreneurs are increasing while the number of younger entrepreneurs is decreasing.
Do Startup Innovators Create Jobs?
The Baxter Bulletin
Google's YouTube is said to be finalizing a $1 billion acquisition of Twitch, making the San Francisco-based video game streaming service another start-up success story. But just as when Facebook purchased WhatsApp earlier for $16 billion, there will be both celebration and hand-wringing.
Four Reasons Bootstrapping Can Be Smarter Than Raising Capital
Virtually the only startups that get serious press are the ones that raise large rounds. As entertaining as it is to follow the rock-star fundraisers, what about the founders who bootstrap their way to success?
Business School, Disrupted
New York Times
If any institution is equipped to handle questions of strategy, it is Harvard Business School, whose professors have coined so much of the strategic lexicon used in classrooms and boardrooms that it’s hard to discuss the topic without recourse to their concepts: Competitive advantage. Disruptive innovation. The value chain. The question: Should Harvard Business School enter the business of online education, and, if so, how?
Wisconsin Venture Capital Involves Out-of-State Firms, Wider Focus
Wisconsin's angel and venture capital landscape looks a lot different today than 10, five or even a few years ago. Ten years ago, only a handful of Wisconsin angel networks and a similar number of venture capital funds were active. While a few local venture firms were syndicating deals outside the state, most co-investment activity was confined to Wisconsin.
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