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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

Pilot's Founder-in-Residence Gillian O'Brien. GILLIAN O'BRIENThere has always been a coveted, special role within startups and enterprises throughout Silicon Valley. Primarily driven by the status or caliber of the applicant (think ex-consultant from McKinsey, Bain or BCG, and MBA graduate of HBS, Stanford GSB or Wharton), these roles became highly respected in a short period of time. First come associate product manager/product managers roles, then jobs in business operations, and recently followed by the Chief of Staff position. But a new opportunity emerges in the wake of the rest: the founder-in-residence (FiR). A cousin of the canonically-known entrepreneur-in-residence (EiR) job, the major difference between the two is that FiR roles more frequently appear within early-stage startups, as opposed to EiRs in venture capital firms, universities, and startup accelerators.

Image: Pilot's Founder-in-Residence Gillian O'Brien. GILLIAN O'BRIEN

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As The Venture Capital Market Cools A Different Kind Of Startup Investor Prepares To PounceKrista Morgan knows how difficult it is to build a startup. She also knows just how quickly it can all fall apart.

In 2012, Morgan founded P2Binvestor, a lending marketplace for small businesses. By 2019, the company had issued more than $1 billion in loans, and annual revenue topped $10 million. Then, disaster struck: One of P2B’s clients was a subsidiary of another business owned by Michael Mann, then the CEO of MyPayrollHR. Mann, it turned out, had been perpetrating a $100 million bank fraud. When the scheme crumbled, P2Binvestor was out nearly $10 million it couldn’t afford to lose. Mann pleaded guilty and was sentenced to as many as 24 years in prison, and P2Binvestor found itself on the brink of collapse.

Image: Krista Morgan COURTESY OF STAGE 

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Business couple walking to the airport 2021 12 13 22 44 06 utcLeaving an organization doesn’t have to be seen as the end of the relationship with a former employee. It’s often a natural evolution of an employee’s career in the context of a larger economy of talent, which could potentially lead them back to your company at some point. The author presents several strategies — inspired by companies that have taken steps to welcome employees back — to cultivate your relationship with former employees and leave the door open, making it easier for them to return and contribute even more to your organization.

 

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Money counter is counting paper money 2021 08 29 08 10 14 utcWhen many investors bid on a target start-up of uncertain value, a common result is that the winner pays more than the target is worth. Winning can thus become more of a curse than a blessing. In this article, the authors explain the dynamics of the ‘winner’s curse” and suggest that investors should consider adopting what’s known as a contingent contract, which, in effect, allows founders to bet on what they say they believe about their company.

 

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Cursor and Fat Tire Ultra Is Blix s Most Versatile E Bike Yet Boasts a Range of 80 Miles per Charge autoevolutionBlix’s new electric bike is touted as its most versatile one yet, a modular two-wheeler built to handle anything from off-road adventures to your daily urban commutes. Meet the fat tire Ultra.

Up until now, the Santa Cruz-based bike manufacturer has focused more on city cruisers and cargo bikes, like the mighty Packa Genie, which boasts a range of up to 80 miles (128 km) per charge. But with the Blix Ultra, the Californian company makes its entry into the off-road adventure bikes market.

 

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Happy young man showing thumb up while having vide 2022 01 17 16 57 55 utcAfter the recent addition of memoji-like avatars to its video conferencing platform, Zoom is now looking to add gesture recognition, a feature already available for the Zoom app on iOS and iPadOS, to its PC apps.

Revealed in its April product update blog post on April 19th, the new feature now brings support for Windows and Mac Zoom users to do the ‘raised hand’ and ‘thumbs up’ gestures in real life, and have the same translated to a corresponding in-app reaction.

 

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Cursor and Large Hadron Collider restarts after three year break Raw Story Celebrating 18 Years of Independent JournalismThe Large Hadron Collider restarted Friday after a three-year break for upgrades that will allow it to smash protons together at even greater speeds, in the hope of making new ground-breaking discoveries.

It plans to further study the Higgs boson, the existence of which it proved in 2012, and put the Standard Model of particle physics to the test after several recent anomalies raised questions about our fundamental understanding of how the universe works.

Image: Interior of the Large Hadron Collider (CERN)

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Coder creating computer software 2021 09 24 02 51 59 utcLearning to program is a very difficult thing. Whether you're a student who urgently needs an assignment and is wondering "Who can write my lab report quickly?" or someone who actually wants to delve into this field for a professional career. Programming benefits you in one way or another in other aspects of your life that can make it better. And now we're going to break down all of those benefits in detail.

 

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Question mark gd16f8d084 640 pngQualtrics reported a net loss of $292.3 million for Q1 2022, compared with a net loss of $199.9 million a year ago. But revenue was up 41% to $335.6 million against $238.6 million last year, while subscription sales shot up 50% to $280.8 million. Other stats of note from the quarter included:

A Q1 net retention rate of 128%. There are now 2060 customers spending more than $100,000 per annum, up 41% year-on-year. For CEO Zig Serafin, the numbers are validation of the need for Experience Management solutions:

Image:  https://diginomica.com

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US drone company Zipline starts delivering medicine in JapanTOKYO (AP) — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.

They’re flying, starting Thursday, across the tiny Goto Islands, off the western coast of Kyushu, in southwestern Japan, delivering to pharmacies and hospitals.

Other parts of Japan may follow, including urban areas, although the biggest needs tend to be in isolated rural areas.

Image:  https://www.seattlepi.com

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Cursor and Join AURPTUCSON, AZ / ACCESSWIRE / April 20, 2022 / AURP, the leading non-profit representing research parks, innovation districts and regional technology clusters, today announced its BIO Health Caucus will take place in-person, June 12-13, before the start of the 2022 Biotechnology Innovation Organization (BIO) International Convention in San Diego, CA.

AURP’s BIO Health Caucus, with its theme “Designing, Building And Financing Research Space For Growing Bio Companies And Bio Clusters,” will include discussion of BIO’s new report on bioscience economic development: “Driving the Bioscience Economy Forward During the COVID-19 Pandemic: Best Practices in State and Regional Economic Development Initiatives.”

 

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420b8751 f1d7 4d4a b048 436c4cd1c66fIn my experience, the right team culture is critical to every business and startup success, so every business leader wants to know how to create it. In reality, I’m convinced that none of us can “create culture” directly, but we can create an environment where the desired culture emerges. You do this by driving values, letting values shape behavior, and the behavior defines the culture.

Image: https://blog.startupprofessionals.com

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