News

The 5 Types of People You Need to Create Startup Ecosystems That Last

The U.S. innovation economy is expanding beyond the two coasts and creating new opportunity in impressive fashion. Columbus, Ohio, has seen $250 million in venture capital deals so far in 2018, according to research by PitchBook. St. Louis has tallied more than $650 million over the last three years, and Charlotte, North Carolina, has attracted nearly $900 million over that same period.

When Confronting a Crisis, Look 3 Feet in Front of You

July 31, 2018

My wife and I like to joke about 2017 being our "year of trials." We had downsized the prior year as we were becoming empty-nesters, and went through months of stressful renovations on our new place as a result. By January, our newly updated home had been broken into, suffered a ruptured sewer pipe and revealed a leaky basement.

Does your community have a catalyst? It should.

June 11, 2018

Refinery Ventures In the startup world we spend enormous time and resources building infrastructure to spot the next big idea, foster successful startups and ensure that the best companies thrive. We’re funding accelerators, setting up incubator spaces ...

Are You Ready to Lead a Hypergrowth-Stage Company? Ask Yourself These 3 Questions.

March 20, 2018

Startups are hard, but the real test is when you have found your market and growth kicks in.

How Universities Could Drive More Innovative Research to Market — and Share in the Profits

February 25, 2018

In the early 1980s, Irving Grousbeck and his colleagues at Stanford Business School launched a revolution in the way that entrepreneurs and investors fund, manage, and grow mature businesses. Their creation — the search fund — changed the way many investors thought about equity investments, turning fund managers into quasi private equity shops and posting impressive returns as a result.

Technology Might Be Killing Us, But It Doesn't Have to Be That Way

February 7, 2018

There is a difference between building a business that has purpose, and building a business to just make money. And while technology has made us all smarter, and just a click away from being connected to a person or information no matter where we are, something seems to be missing.

Commentary: Talented Entrepreneurs Are Fleeing the Midwest. Here’s How We Can Get Them Back.

December 21, 2017

Everyone knows good ideas can come from anywhere, but when it comes to new businesses, few have been willing to put their dollars where their mouths are. The Rise of the Rest fund, established by AOL co-founder Steve Case and author J.D. Vance, is a great start, and will hopefully entice more venture capitalists to invest in Middle America. But it is going to take more than money to unleash the true entrepreneurial potential long ignored there.

The Guy Behind One of the Internet's Most Recognizable Symbols Explains the Biggest Problem with Startups in Middle America

December 19, 2017

Steve Case's new $150 million venture fund dedicated to the flyover states is great, tangible proof of the tech world's interest in bringing the rest of the country along for the economic growth that comes from the innovation economy.

There's a Lot You Can Learn From Silicon Valley, but Don't Imitate It

November 27, 2017

Silicon Valley isn't only a place -- it's a mindset. It's optimistic, it's idealistic and everyone is there to make the world a better place, even if what they are building is just (yet another!) photo filter app.

‘Boomerangs’ are the Key to Growing Entrepreneurship Nationwide

October 16, 2017

Amazon is about to make one city very, very happy. In early September, the retail giant announced plans to open a second headquarters, a global operations hub to support the work at its main complex in Seattle. Amazon has been expanding its operations worldwide and expects to employ as many as 50,000 people at its new headquarters, which it is choosing on the basis of location, talent, tax breaks and other incentives.

To Support Local Founders, Universities Should Invest in Venture Capital

September 8, 2017

In the world of university endowments, everyone wants to be Yale. That’s because over the past two decades Yale’s investment officers have consistently generated market-beating returns by shifting a large portion of the university’s $25 billion endowment away from traditional stocks and bonds and into alternative investments such as private equity, hedge funds, and venture capital.

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