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Hacking Innovation Education in New York

This is going to be BIG.

The local tech community is figuring this out, not surprisingly, way before the academic institutions are—and where it is being discovered by academia, it’s being done on a one-off basis by educational revolutionaries in the innovation space who aren’t stopping to ask their schools for permission or to change curricula.

education 297
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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Innovate In the early years of a startup there is a lot of kinetic energy of enthusiastic innovators looking to launch a product that changes how an industry works.

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Knowledge Is Power: Convertible Note Financing Terms, Part I

Gust

It should therefore come as no surprise that an asymmetry of information exists, mostly gleaned from experience, between founders and investors in a venture financing deal. A term sheet for a convertible note deal may run two or three pages, versus 8-10 pages for a typical Series A Preferred Stock financing.

finance 178
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How the New York City innovation community can still lose (and what you can do about it)

This is going to be BIG.

As a Brooklyn native who has never lived outside the five boroughs—and someone who left Big Finance—I feel a special kind of pride over what’s gone on here in the last six+ years. There isn’t a single person in the NYC that is more excited than I am about how far we’ve come. Strengthen the VPs and Director-level.

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Understanding How The Innovator’s Dilemma Affects You

Both Sides of the Table

One of the most influential books of my career is The Innovator’s Dilemma by Clay Christensen. Many people bandy about the definitions of “disruptive technology&# or “the innovator’s dilemma&# without ever having read the book and almost universally misunderstand the concepts. The incumbents curse.

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Invest in Lines, not Dots

Both Sides of the Table

You’ll be able to give them an update on key hires, pilot customers, key tech innovations – whatever. Like it or not – finance is a major job function in any company – startup or public company. Most importantly tell them what you plan to achieve by the next time you see them. Quick coffees, whatever.

investing 411
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Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

David's firm most recently participated in the $77 million second round financing of SoFi, a one year old startup focusing on student loans. I suppose, more specifically, the bubble ended in the last two weeks of September--right after this financing. The other entrepreneur quoted in the story is from a guy pitching a Pinterest clone.

ventures 293