“Stop Telling Women to Do Startups”
Monday, December 19th, 2011
We at CEE are guilty as charged and appropriately chastised by TechCrunch’s Penelope Trunk, who is tired of people encouraging women to become entrepreneurs. Read the article here.
We at CEE are guilty as charged and appropriately chastised by TechCrunch’s Penelope Trunk, who is tired of people encouraging women to become entrepreneurs. Read the article here.
This year’s Global Entrepreneurship Week will take place from November 14 – 20. Last year, over 400,000 Americans participated in all 50 states. GEW promotes innovation, creativity, job creation, and economic growth through a variety of activities, which include: a competition to find the 50 most promising startups worldwide; a clean technology competition; a competition to win a free yearlong trip around the world; and Startup Weekend, a networking event focused on creating new startups.
Professor Donna Matias of the University of San Diego School of Law describes some of the regulatory obstacles that entrepreneurs — especially those with low income —face:
The Institute for Justice’s City Studies series examines the political red tape that keeps entrepreneurs from getting their businesses off the ground. The studies focus on “real-world entrepreneurs from eight different cities across the nation,” such as Los Angeles’ Jill Bigelow. Her “most frustrating experience while trying to open her restaurant was when an inspector would not allow her to open because her previously approved wall tile did not have enough ‘reflective value.’” Despite being in the top ten most economically free countries, the U.S. clearly has a long way to go towards truly supporting entrepreneurs.
Watch the Institute for Justice’s entertaining video that highlights some of the aggravating roadblocks that entrepreneurs face:
In his recent article “Start-Up City,” Edward Glaeser traces New York City’s long history of innovative entrepreneurs from the sea trade industry to sugar refining to the garment industry to finance. Glaeser then discusses the dependence of the economy on entrepreneurs, the current perils New York faces, and how we can encourage more entrepreneurship.
Via the Policy Forum on Entrepreneurship, here is a good New York Times article on entrepreneurship in Argentina. With the government in debt, and with little access to credit, “slowly, Argentines are beginning to trust and invest in each other.” The article profiles the founders of a software startup as examples of how the response of individuals to the stormy economic climate of Argentina is changing.
Stata Ventures, Kaizen interviewee Ray Stata’s venture capital vehicle, recently provided funding to technology startup Lyric Semiconductor. Lyric is developing probability chip technology. Traditional chips use binary “yes/no” switches, but probability chips “can accept inputs and calculate outputs that are between 0 and 1, directly representing probabilities, or levels of certainty.” Some of the commercial applications of this technology include: better error correction and faster operation for portable flash drives; better prediction of consumer behavior for websites like Amazon (and better product recommendations for customers); and faster, cheaper large scale data processing.
Read more about Lyric at the New York Times and VentureBeat.
Read our interview with Ray Stata.
Watch a video interview with co-founder and CEO of Lyric, Ben Vigoda, who explains probability chips:
Y Combinator, a company that provides seed funding to startups, has an excellent, in-depth list of entrepreneurship resources. Topics include how to start a business, why to start one in a bad economy, mistakes to avoid, and how to create wealth.