Jeff Seibert, Twitter's senior director of product, discusses how entrepreneurs shouldn't see an acquisition as the finish line, but as the beginning of the next stage in the journey toward realizing the vision of their startup. "There are many great companies in the valley," Seibert says. "But the one that's right for you is the one that you deeply identify with on a cultural level."

Image: http://ecorner.stanford.edu

Intuit's Scott Cook illustrates the importance of welcoming unexpected results by describing how the company’s foray into small-business bookkeeping was delayed by years because the company failed to ask why customers repeatedly responded in surveys that they used its personal-finance software at work.

Image: http://ecorner.stanford.edu

Federica Marchionni, an experienced leader in luxury-lifestyle brands, describes the dramatic shift from working in the fashion industry to working in the auto industry, at Ferrari. "If you embrace changes, you can grow much more and much faster," says Marchionni, adding that courage is also needed to see the unexpected as an opportunity to learn.

Image: http://ecorner.stanford.edu

By now, Karen Wilk thought she would have sold her five-bedroom house in Colts Neck, New Jersey, and downsized to a smaller home. But she has had to put those plans on hold because her 23-year-old daughter, who is finishing her college degree while working part-time, still lives with her. Wilk’s 27-year-old son moved out two years ago.

How do you make decisions? Some people want to find the absolute best option ("maximizers"). Others, known as "satisficers," have a set of criteria, and go for the first option that clears the bar.

While wanting the best seems like a good thing, research from Swarthmore College finds that satisficers tend to be happier than maximizers.

Image: Flickr user Garry Knight

Most managers know that praising employees when they perform well is important, but many still withhold praise. They seem wedded to the outdated belief that pride can sap motivation among workers and even make them a bit lazy. This take on pride isn’t correct, not even in the least. In fact, pride is one of a select group of emotions that engenders perseverance and success at work. As emerging research shows, pride gives people grit; it doesn’t diminish it.

A venture capital fund established by the University of Cambridge could go public within the next 18 months, The Financial Times (FT) reports.

Cambridge Innovation Capital (CIC), founded by Cambridge University in 2013 to fund startups that are spun out of the university's academic labs and other pockets of Cambridge, announced on Friday that it had raised a £75 million fund ahead of the planned flotation.

Image: Nick Ansell

Scouting for an investor to inject funds in your company? Okay, but before you sign up, take out some time to figure out exactly what kind of a funding option will suit your business, and your temperament.

The right kind of financing model for your start-up could make all the difference between success and failure, and it is worth the while to thoroughly examine the options and make a well-informed decision. Depending on the scale of your business, you can opt for private equity, or seek an angel investor, or go for the big guns - the venture capitalists. Each of these investors will behave differently and exercise different levels of control over your company. Here's a look at how these investors operate, and the pros and cons of seeking funds from them.

According to a report from Martin Prosperity, venture capital investment is heavily concentrated across several industral sectors. America's top five industries account for 76.3 percent of all VC investment across the nation, about $25 billion in total. Software receives the largest slice of the VC pie by far, accounting for 36.2 percent (almost $12 billion) while biotechnology comes second with 17.3 percent ($5.7 billion). Media and entertainment rounds off the top three with 9.5 percent ($3.2 billion).

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In 2016, any person that is remotely good at “Googling” and knows how to navigate YouTube can figure out how to do just about anything. This is also why in today’s world, especially the social media industry, everyone thinks they’re a thought leader but few have any original thoughts let alone have done anything of value.

Image: http://www.business2community.com

Tech is leaping past Wall Street in New York. 

The tech industry is creating more jobs than the finance sector. William Dudley, the president of the New York Federal Reserve, said the technology industry was stepping in where finance used to support the local economy, according to CNBC. 

Wall Street has in the past been integral to New York's recovery after an economic crisis, Dudley said. This time around, it was the tech sector that provided that key revival. 

Whether you play video games or not, they’ve become an integral part of our culture. For some, it’s hard to imagine a world without video games—the chup-chup-boop of an arcade legend like Space Invaders or the growling “Finish Him!” in Mortal Kombat can be as evocative as a Michael Jackson or Beatles tune. Representing multiple generations of gamers, TIME’s tech team put more than 150 nominees through a multistage ranking process to compile a cross-section of gaming’s best ideas across nearly four decades. Here are our picks for the 50 greatest video games of all time.

Image: Atari

In spite of their enormous requirements for materials and energy, and their enormous generation of wastes, many see urban living as the sustainable future for most of humankind in the twenty-first century. But there are serious issues for urban areas, especially very large ones in both the developed and developing world, given the interrelated problems of climate change, and energy and resource scarcity, and the importance of natural systems for society. These interrelated problems will pose constraints for all of society, but they will be much more challenging and difficult to solve for very large urban areas. Let’s look at this in more detail.

Image: STEFAN LANGMANN Flickr

To avoid falling victim to narcissistic tendencies, leaders need to look outside in more ways than one.

My office window looks out on the only grassed square in my neighbourhood. The view is wonderful: toddlers stumbling along playing tag, love-struck teenagers flirting shyly, fathers patiently playing ball with their offspring, hopeful they have an Olympics contender in the making.

As a supervisory board member of several companies, I often have to make difficult telephone calls over the course of the day; it may be to address conflicts in the boardroom or discuss tricky takeovers or remuneration issues. In each case, a quick glance out of the window during these conversations provides perspective and significantly improves my mood, which clearly benefits the outcome of the discussions.

College is stressful—balancing exams, extracurriculars, social life, OCR, and family time is no easy task, especially at Penn. Despite these pressures, the best time to start a company is during these 4 years. Whether you’re an incoming freshman or a senior, Penn offers you a unique set of resources to experiment with your ideas and build something impactful.

A systemwide approach offers the best chance of reaching the most students.

The US public-education system is struggling to meet the needs of its students.1 Even among those who graduate from high school, only 42 percent are properly prepared for college.2 2.2015 College Board program results, collegeboard.org. And success depends on more than just traditional academic performance: more than 60 percent of all positions in the economy involve knowledge work by people who rely heavily on critical thinking, creativity, and interpersonal skills.3

The Olympic Games that came to a close Sunday in Rio had no shortage of memorable moments. The two-week competition provided an endless montage of shots, kicks, flips, dives and rides that make these events such an inspiration. But behind all of the impressive athleticism were technological innovations that enhance nearly every aspect of the Olympic experience — such as how the athletes prepare and how you watch at home. Here’s a look at four ways innovation shaped the Rio Olympics.

Image: Lea Davison competes in the women’s cross-country cycling race. (Paul Hanna/Reuters)

Your body’s red blood cells keep you going – they carry oxygen and remove carbon dioxide. But imagine they’re disappearing. Your body is producing less of them, or something unknown is destroying them. When this happens, you likely have anemia.

Anemia is both a condition and a constant threat. If it’s not monitored, it can lead to heart failure or organ damage. To keep a tally of their red blood cells, the 2 billion people worldwide who have anemia typically must visit a clinic or doctor’s office to be tested. While a few at-home tests are available, they’re either expensive, hard to use or limited to certain types of anemia. 

What do entrepreneurs need more than anything else? Brain fuel. The creative brain is one that is constantly fed.

So why not learn from giants of entrepreneurial thinking. Consider re-writing one of these 10 powerful quotes and posting it in an obvious place for a couple of days. Stand on the shoulders of the really big thinkers and enjoy the elevated view.

What started from meagre kirana and nukkad stores decades back has transformed to affluent businesses today. The world is buzzing with innumerable startups these days. Curious to know about people behind these successful ventures and how they started? Here’s presenting 5 inspiring founders of startups in the e-commerce domain, released by UpGrad on their new go-to portal for interviews with stalwarts across industries, UpGrad Talks. Celebrating the enterprising spirit of these founders on the World Enterpreneur’s Day, let’s take a quick look at these industry leaders who made it big and have survived the highs and lows in their entrepreneurial journey. So, what kept them going?