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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.

crystal ball

Having analyzed the trends and the shifting winds in the payer marketplace, it’s time to gaze into the crystal ball and see what the future has in store.

More M&A in the payer space This year’s mega-mergers have created large scale behemoth companies that may be difficult to compete with as a small carrier or health plan. With insurers increasingly looking to integrate with providers and other sites that can deliver more effective care at lower cost, we’re likely to see a new raft of M&A deals in the year ahead. One potential candidate on the docket could be the rumored tie-up between Humana and Walgreens.

 

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healthcare

As 2018 was a banner year for venture capital funding in the healthcare sector, it was also a record for private equity deals. 715 private equity deals had closed as of mid-December for a combined value of $103.72 billion, according to PitchBook. In 2017 there were 709 deals worth $88.87 billion, and 651 deals worth $70.5 billion in 2016. That’s up from 413 deals worth $31.52 billion in 2013.

 

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trend

“If you can look into the seeds of time, and say which grain will grow and which will not, speak then unto me,” Banquo beseeches the witches in Shakespeare’s “Macbeth,” seeking insight into the future for himself and his closest friend Macbeth.

Biopharma industry watchers, executives, and especially investors often display that same desire as a year comes to a close, which explains why there’s typically a wave of news articles and commentaries attempting to divine events of the coming year based on the 12 months that are coming to a close.

 

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Rhonesha Byng

For many new businesses with big dreams, and limited funds, the holy grail and key to making their dreams come to life lies in landing a sponsor.

The barrier to entry however, is high especially for businesses with no track record, or clear value proposition. But there is a pathway to progress, as outlined during a recent panel discussion hosted by C-Suite Coach during their holiday party. Gene C. Waddy, CEO of Diversant LLC an IT staffing company, Amina Cush events manager at Oscar Health, and Lily Doxy, Marketing Manager Verizon.

 

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accounting

Closing your books on an eventful year can be a daunting endeavour, but it doesn’t have to be. While it’s tempting to get caught up in the joy and excitement of the winter holidays, there’s also no better time to get your finances in order, setting you and your business up for a stress-free holiday season and successful new year. Here are three tasks entrepreneurs should prioritize to jumpstart their end-of-year accounting:

 

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writing hand

We’re almost at the end of another year, which means that it’s an excellent opportunity to reflect on our achievements and set goals for the year ahead. If, like many people, you’re hoping to enhance your job prospects in 2019, then strengthening your resume should be at the top of your New Year’s resolutions list.

 

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John Boitnott

The process of planning, launching and running your own business is a heady time, full of long hours and exciting challenges. Pure adrenaline, excitement and sometimes lots of caffeine propel new entrepreneurs through hazy days that often run into one another. Some days, it feels as if there isn’t time to breathe, much less reflect.

 

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uber logo

If Uber goes public as planned in 2019, nine years and billions of dollars worth of investments will be returned to investors smart enough — or lucky enough — to have made a bet on the company's success.

But some of those investors are luckier than others.

Investors in its most recent round, a $1.25 billion Series G1 led by SoftBank, bought their shares at a $68.33 billion valuation. But it was just nine years ago that Uber raised a $1.57 million seed funding round, which valued the company at $3.86 million.

 

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Successful people share the absolute best advice they ve ever received Business Insider

Moguls like Richard Branson and Shaquille O'Neal are asked for advice every day, but they too once sought guidance from more experienced business leaders. Years later, even with all of their accomplishments, certain lessons they were taught early on have stayed with them.

Here, Branson, O'Neal, and other top entrepreneurs and Advisors in The Oracles share the No. 1 piece of advice they received from their mentors.

Image: The Oracles

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