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Today, with the decentralising nature of the Internet, distributed cloud technology and a growing sentiment toward entrepreneurship, the global startup ecosystem has never been so dispersed. And this is just one of the many pioneering technologies surfacing out of this mid-sized Southern city of the Netherlands. Pune, India?.
For technologically inclined businesses, Texas has increased its STEM (Science, technology, engineering and mathematics) workforce by 34,000 since 2009. Austin in particular is a technological and cultural hub. The state is geographically huge and boasts a diverse and growing population. North Carolina.
For example, BitPay, one of the largest cryptocurrency payment processors in the world, is headquartered in Raleigh. Blockstack, a blockchain technology company, has also been helped by the state’s progress. This welcoming attitude has led to a number of Bitcoin-related businesses popping up in North Carolina.
Zilog produced one of the first 8-bit microprocessors , the Z-80 (competing at the time with Intel’s 8080 , Motorola 6800, and MOS Technology 6502.) Burnout can turn productive employees into emotional zombies and destroy careers. Zilog Zilog was my first Silicon Valley company where you could utter the customer’s name in public.
Right now, we run programs here in Atlanta (where we started the company) as well as in Raleigh, Charlotte, and Asheville, NC. Right now, we’re running sessions in Raleigh and Asheville, in addition to Charlotte and Atlanta. So that begs the question, what happens when you open up in a 3rd city? We already have!
Changes that result from forces such as technology advancement, demographic trends and new customer preferences can all require adjustments. When we expanded our health-care business from Raleigh into Charlotte, N.C., Businesses expanding into new products or new markets should also give careful consideration to the business model.
To accelerate that program, President Obama and US CTO Todd Park have created a national event to leverage technology and open data to strengthen our democracy in the United States. The open data movement is great for business, but is also great for us as citizens. On June 1st and 2nd the largest hackathon in the world is forming.
It helps enterprise companies maximize the value of their data by providing an easy-to-use collaboration layer on top of advanced privacy and security technology, helping enterprises increase the breadth of data included in machine learning models. Scanwell continues to work on bringing a Covid-19 antibody test to market.
Rendering of the amphitheater at the new Waterloo Park opening soon in downtown Austin, at the convergence of our technology, medical school and arts districts. After an exhaustive search, they narrowed it down to three finalist cities: Austin, Boston and Raleigh. What about Austin is drawing people in and keeping them here?
Yesterday, the City Council in Raleigh North Carolina voted down a proposal to begin testing a new service designed by one of our portfolio companies, SeeClickFix. The vote in Raleigh was a close one, getting struck down by a final of 4-4. Unfortunately, for many of these projects, the money is simply not available.
While some entrepreneurs have developed open and crowd sourced businesses (Redhat to Kickstarter) we should expect to see more open innovation and crowd sourcing on campus (beyond technological innovation) and this presents opportunities for entrepreneurs. We are trying an open source accelerator at George Mason. Check out StartUp Mason.
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