We analyzed the terms of 189 venture financings closed in the third quarter of 2019 by companies headquartered in Silicon Valley. The quarter recorded the highest average price increase since mid-2015. The software and internet/digital media industries were again the industries with the two strongest valuation results in the quarter.

Overview of Fenwick & West Results -

Valuation results remained strong in Q3 2019, but, aside from a spike in the average price increase in the quarter, have largely plateaued in 2019.

Billionaire Michael Bloomberg would be the most prominent philanthropist ever to seek the presidency if he follows through on plans to join the Democratic primary field.

The media mogul and former New York mayor has given away more than $7 billion to...

Image: Bloomberg Philanthropies - https://www.flickr.com/photos/bloombergphilanthropies/29828795984/

Investors need to back more entrepreneurs from outside Silicon Valley to create jobs in areas of the U.S. that have felt left out by the advance of technology, AOL co-founder Steve Case told CNBC on Wednesday.

Case, who is CEO of venture capital firm Revolution, said earlier this year that California, Massachusetts and New York last year.

This is a problem as many feel left out of the technology revolution, he added, so venture capitalists need to invest in companies in other parts of the U.S.

Boston Dynamics may have made a name for itself by posting videos of its surprisingly lifelike animal-themed robots, but don't count out the Massachusetts Institute of Technology.

MIT recently published a new video of its Mini Cheetah robots, small quadrupedal robots that can run, walk, jump, turn, and backflip. The robots weigh about 20 pounds and researchers claim they are "virtually indestructible," according to MIT News.

Image: https://www.businessinsider.com

Only around 1% of old clothing is recycled—most old t-shirts and jeans eventually end up in landfills. But early next year, some new clothes made from old apparel will start to be sold at major retailers.

Renewcell is a Sweden-based company that uses discarded cotton clothing—anything that’s too worn to be resold in the secondhand market—to make a new textile called Circulose that looks and feels indistinguishable from other brand-new fabric. The startup now runs a commercial-scale chemical recycling plant that is beginning to sell its product into the textile supply chain. It hasn’t announced which brands will be the first to sell apparel made from the material next spring, but H&M took a minority stake in the company in 2017.

Image: Photo: courtesy Renewcell

So here’s the scenario: You’ve got a great idea—like, a really good idea. You’re passionate about it and ready to jump into the world of entrepreneurship like a boss, except one little thing seems to be standing in the way…

Money.

You need some green to fund your startup, but unfortunately, Mark Cuban isn’t on your speed dial. What to do, oh what to do?

Like Twitter or a double latte, Opportunity Zones (OZs) have sparked a whole lot of chatter, but little tangible action — if by action we mean projects moving dirt, erecting walls and creating jobs in the 8,700 OZs across the United States defined by low-income census tracts.

In June 2018, by a provision in the 2017 federal tax reform legislation, the U.S. Department of the Treasury certified over 8,700 OZs through the end of 2028. Per the Economic Innovation Group, they have an average poverty rate of nearly 31%,and contain 1.6 million places of business, 24 million jobs, and 35 million Americans. According to the Urban Institute, less than 4% of them are at high risk of rapid socioeconomic change, displacement, or gentrification. But that doesn’t mean they’re not at medium risk.

Image: A production studio operated by NBCUniversal Studios will be an anchor for an OZ in Albuquerque. Photo by MarbleStreetStudio.com courtesy of Visit Albuquerque

The commonwealth of Virginia will produce an additional 31,000 technology graduates over the next 20 years, Governor Ralph Northam announced yesterday.

That goal is an expansion of the state’s originally stated legislative target of graduating 25,000 additional students with technology degrees by 2039. Virginia's public universities currently award approximately 1,300 bachelor’s degrees and 400 master’s degrees in computer science per year, according to the governor’s office.

When Fourth Economy is engaging with a community, our process always involves comprehensive and multi-layered data analysis and dynamic stakeholder conversations. We apply an equitable development lens throughout our work and often utilize a large volume of tools and resources made available by national actors. Hundreds of foundations, think tanks, organizations, and educational institutions are contributing to our collective, evolving understanding of equitable development.

The New Haven area has become a hub for thriving and growing young bioscience companies like Arvinas and Cybrexa Therapeutics, which are working to develop potentially game-changing cancer cures.

The region’s biotechs are developing treatments for a range of ailments, from Alzheimer’s disease to spinal-cord injuries.

But just as a growing infant can’t stay in an incubator for long, many New Haven-born bioscience companies need room to grow — and fast.

Image: PHOTO | NEW HAVEN BIZ - John Keogh, senior broke with Colliers International, in lab space at 5 Science Park on Winchester Avenue in New Haven.

When I order a cup of tea in Korea, where I live, I ask for cha (차); when traveling in Japan, I ask for the honorific-affixed ocha (お茶). In Spanish-speaking places I order té, which I try to pronounce as distinctly as possible from the thé I order in French-speaking ones. And on my trips back to United States, where I'm from, I just ask for tea. Not that tea, despite its awe-inspiring venerability, has ever quite matched the popularity of coffee in America, but you can still find it most everywhere you go. And for decades now, no less an American corporate coffee juggernaut than Starbucks has labeled certain of its teas chai, which has popularized that alternative term but also created a degree of public confusion: what's the difference, if any, between chai and tea?

Image: http://www.openculture.com

A pediatric gastroenterologist who is the veteran president of the University of Maryland at Baltimore was named Thursday to become the chancellor of the state’s public university system.

Jay A. Perman will be the fifth chancellor of the University System of Maryland, which encompasses the state flagship campus in College Park and 11 other public institutions serving 176,000 students. Perman will succeed Chancellor Robert L. Caret when the incumbent steps down in coming months. Perman’s start date has not been determined, a system spokesman said.

Image: Scene from the campus of the University of Maryland at College Park. (MARVIN JOSEPH/Washington Post)

Chancellor Gary S. May of the University of California, Davis, and Sacramento Mayor Darrell Steinberg on Wednesday (Nov. 6) received a national award for their work on the Aggie Square innovation hub planned on UC Davis’ Sacramento campus.

The Leadership Award from the Association of University Research Parks, or AURP, recognizes May and Steinberg for forging a unique partnership that matches UC Davis’ strengths to community priorities and engages relevant industry partners to create opportunities for all, unlike many other research parks that focus exclusively on startups or narrowly focused industries.

Image: Accolades in Atlanta: Pictured, from left, Mark Romney, chief strategy officer for Aggie Square; Mayor Darrell Steinberg; and Chancellor Gary S. May. - https://www.ucdavis.edu

As an accountant and entrepreneur, I’m always trying to keep track of the newest developments in my professional fields. I believe that it’s important to follow present-day trends in order to gain insight into the potential future of these industries. I’ve written previously about some of these major developments, including blockchain technology, the internet of things and the Tax Cuts and Jobs Act.

Speak to successful entrepreneurs and startup founders about their path to profits, and you’ll likely hear honest stories about how they overcame challenges to build thriving companies. Few entrepreneurs start as industry icons; most needed to force themselves to overcome obstacles as they built their enterprises. The same holds for up-and-coming entrepreneurs. Growth as an entrepreneur is an ongoing undertaking for those wanting to enjoy the spoils of business success. If you long to build a thriving company, the following are ten ways to challenge yourself as an entrepreneur on your journey to jubilation.

ROCKVILLE, Md.--(BUSINESS WIRE)--The Universities at Shady Grove (USG) – a regional campus of the University System of Maryland that offers degree programs from nine different Maryland public universities – celebrated today the opening of its fourth academic building, a $175 million, state-of-the-art Biomedical Sciences and Engineering (BSE) education facility.

Maryland Governor Larry Hogan, USM Board of Regents Chair Linda Gooden, University System of Maryland Chancellor Robert Caret, university presidents from around the state, USG Executive Director Stewart Edelstein, and the USG Board of Advisors were joined by an array of elected officials, business and community leaders, faculty, staff and students for the grand opening celebration and ribbon-cutting. Hundreds attended the grand opening event, which was followed by tours of the BSE and a STEMM (science, technology, engineering, mathematics, medical studies) Showcase to highlight programs that partner universities will be bringing to the new facility, as well as area science and technology businesses that are partnering with USG.

DALEVILLE — Virginia has several economic development agencies, and recently they’ve been crossing wires on technology innovation.

This can run the risk of inefficiency and mismanaging and wasting government resources, said Robby Demeria, deputy secretary of commerce and trade for technology. That’s why Demeria wants Virginia to create the Virginia Innovation Partnership Authority to consolidate and streamline efforts at enhancing technology-based economic development in Virginia.

Image: Robby Demeria is deputy secretary of commerce and trade for technology.“ - https://www.roanoke.com

The competitive dynamics of digital and analytics put enormous pressure on incumbents’ strategies and operating models. Companies that apply advanced technologies and new ways of working generate more value than those that don’t. Capturing that prize requires executives to rethink and reinvent every aspect of their business, from strategy to operations. Read on to learn more about the elements of successful tech-enabled transformations.

We’ve all been there. It’s 2 p.m. and lunch is long over. But instead of feeling recharged and focused, you’re ready to curl up in a corner, turn off the lights, and take a nap. No one will notice, right?

While it’s completely normal to hit the dreaded afternoon slump, what happens when this feeling is around all day, every day?

Workplace fatigue isn’t just being physically tired—it’s being mentally exhausted.

People who make plans to avoid or handle temptations may be more likely to achieve goals, such as academic and weight loss goals, according to new research by University of Wyoming psychologists.

Proactively planning to manage temptations may be more effective than simply responding to temptation when it arises, say UW Associate Professor Ben Wilkowski and recent UW psychology master’s degree recipient Zach Williamson.