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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.
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.
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
It seems not a week goes by without another report of cyber criminals making off with hordes of stolen data.
How about a humanoid robot that fights fires?
Austin is a powerful example of what happens when you mesh strong economic growth with a vibrant culture. A dispatch from the Congress of Cities meeting.
Five years ago, there were no startup incubators in New York City.
The Big Apple could hardly be called a hotbed for new innovation, as its economy still relied heavily on big corporations and the financial sector.
In a recent profile in The Atlantic of Jim Koch, the founder of the Boston Beer Company, James Fallows wrote that craft brewers are "important markers of cities that are attracting the young
