The 13 states that raised their minimum wages on Jan. 1 have added jobs at a faster pace than those that did not. The Department of Labor released new data that suggests that raising the minimum wage in some states might have spurred job growth, contrary to what critics said would happen.
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Democratization of funding is changing the VC landscape. The venture capital and funding market has changed dramatically over the last ten years. In the past venture capitalists were the go-to-guys in the playground, there are new players giving entrepreneurs with many choices. One used to focus their efforts in the famed VC offices on Sand […]
Can money buy happiness? Only up to a certain point. But just how much you need to get to that threshold really depends on where you live, according to a new analysis by Doug Short, vice president of research at investment group Advisor Perspectives.
Lawrence Lessig’s Mayday.us just raised a lot of money to help get the money out of politics by campaigning to elect five politicians who will enact campaign finance reform. Last week, the Super PAC hit its $5 million grassroots fundraising goal thanks to 47,000 supporters, which will be matched by $5 million in donations from wealthy tech luminaries. […]
RevolutionCredit is using online finance crash courses to help lenders better determine a person’s creditworthiness. Could a better credit score may soon be just be a few mouse clicks away? The current system of determining a person’s creditworthiness is “inadequate and insufficient” and is costing both consumers and creditors, said Zaydoon Munir, founder and CEO […]
Majority of the people in the U.S. could be “banking” with startups in the next three to five years. For investors and entrepreneurs, when looking for opportunity in the financial industry where technology can have the greatest impact, the best place to start has been with one of our oldest institutions: banks. However, while critical […]
Futurist Thomas Frey: In 2002, Roger Ver was honing his entrepreneurial skills by selling products on eBay. It was in the aftermath of the Twin Towers disaster when one of his products called “Pest Control Report 2000” hit the radar of Homeland Security and he was charged and convicted of selling 14 pounds of explosives […]
Peter H. Diamandis Peter Diamandis talks about how Bitcoin is moving from its Deceptive phase to a very Disruptive phase. He explains why, and what you may want to do.
‘Bitcoin Jesus’ – Roger Ver In the workd of cyber-currencies, Roger Ver is known as “Bitcoin Jesus.” Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean that comes with a new passport and almost zero taxes. Ver is an ex-U.S. citizen, ex-convict, millionaire investor, self-described libertarian and founder […]
Entrepreneurs fared better taking less venture capital. It seems that raising as much venture capital as humanly possible is Silicon Valley’s mantra, there are reasons to be cautious when signing termsheets. Startups raising a couple of million dollars had a median exit price of more than $10 million, while the outcome for those raising double […]