The value locked up in highly regulated industries grows with very year. Startups are realizing there’s an opportunity in unlocking these markets, and their backers are looking to help.
The tech industry’s “fail fast, fail often” mantra has proven successful in pumping out world-changing innovations in record time. The faster one figures out what doesn’t work, the faster one can get to something that does. Failure is a good thing that is a natural consequence of the innovation process.
Peter Thiel, the legendary co-founder of PayPal, says that the greatest threat to technological growth in America is a culture that embraces conformity. “I worry that the conformity problem is worse today than it was in the ‘50s,” said Thiel at an event hosted by the Mercatus Center.
Edward Luce writes in the Financial Times that “American’s politics is remarkable for its resistance to new ideas.” Luce contrasts this way of thinking to the sort that percolates in the
Detroit is not dead. Just spend a little time in the area around Greektown and Comerica Park, and you’ll sense that things are coming around. And that’s manifesting itself in an eager community of startups that is not afraid to think outside the box.
AUSTIN, TX — Astro Teller, Google[x]’s director of moonshots, gave a remarkable insight at Austin’s SxSW into the search engine’s secretive lab. His team tackles big challenges with potentially even bigger payoffs well down the road.
If you missed the 14th Annual Aviation Summit on March 17, you missed a big one.
By most accounts, the summit was a behemoth, featuring more than 700 guests and 30 chief executives, with discussion on a wide range of issues affecting the aviation industry.