A controversial study suggests that people become entrepreneurs because they realize they’re worth more than their resumes. If you asked me why I gravitated to startups rather than work in a large company I would have answered at various times: “I want to be my own boss,” “I love risk,” “I want flexible work hours,” […]
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Here’s how old you should be when you start a company, according to science. (It’s not what you think)
The National Bureau of Economic Research used Census data to find the average age of super-successful founders. Company founders can be as young as in their teens or as old as in their 80s. But is there an ideal age you should be when you start a company? It turns out there is, and it’s […]
If you live in a US city, car-sharing services like Lyft and Uber might seem omnipresent. However, the ride-sharing economy still has a ways to go, at least according to consumer sentiment.
Retail bankruptcies hit an all-time high in the first quarter of the year, according to Moody’s Investors Service. Sears, J.Crew, and Neiman Marcus are among the companies that could be next to default, according to S&P Global Ratings. The fallout is far from over, however, with many more defaults expected for the remainder of 2018.
Researchers have found hundreds of years’ worth of rare-earth materials underneath Japanese waters — enough to supply to the world on a “semi-infinite basis,” according to a study published in Nature Publishing Group’s Scientific Reports. Rare-earth metals are crucial in the making of high-tech products such as electric vehicles and batteries, and most of the […]
A new wave of boutique publishers is helping indies create better games. In 2008, Vivendi, the parent company of Sierra Entertainment, merged with game publisher Activision. The result was a new, monolithic corporation called Activision Blizzard, that was now home to some of the biggest games in the world, like Call of Duty and World […]
Rocket Lab’s Electron booster stands on the launchpad during testing Following a successful January test launch that saw its Electron booster reach orbit for the first time, Rocket Lab is now getting down to business. The US-based private space firm and its wholly owned New Zealand-based subsidiary have announced plans to go ahead with its […]
When you first buy a house, your insurance company doesn’t know very much about it or how much insuring it will cost. That’s because it first has to send out an inspector to look at the exterior of your house, take measurements, and check out your roof to see what kind of shape it’s in. […]
Around the world, in places like Barcelona, Paris, Buenos Aires and New York, there’s an exciting new co-location concept spurring innovation: Multi-sector innovation hubs that span a range of business models, ownership structures, and physical layouts. The goal of all is to create a motivating work environment where businesses of all kinds can learn from […]
It’s not even close to avocado toast. In 2015, Nielsen polled 30,000 consumers in 60 countries around the world. They wanted to know more about what influences how people feel about brands, and how those feelings impact buying behavior. One overwhelming conclusion of the report? That across the board, consumers are willing to pay extra […]