Category: Management

Study finds VCs would get better returns investing in startups with age 45-50 year old entreprenuers 

A new study found the average founder of the fastest growing tech startups was about 45-years-old — and 50-year-old entrepreneurs were about twice as likely to have a runaway business success as their 30-year-old counterparts. The findings have implications for both older and younger entrepreneurs, who may gauge future success on industry biases, as well as for venture capitalists, whose propensity to invest younger may be having adverse affects on their returns.” Young people are...

Optimum age to be a successful entrepreneur is 45

The tech industry, and tech VCs, act as if the most successful age for starting a tech business is someone in their 20s. The tech sector tends to view most who are past age 30 to 35 as ancient history. But an academic study find’s that… Silicon Valley’s idea of successful young entrepreneurs is all wrong. Source: This is the optimum age to be a successful entrepreneur – MarketWatch The study found that older entrepreneurs...

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80% of VC money goes to just 3 states

A whopping 80 percent of all venture capital investment goes to just three states. That has to change. – Recode VCs discriminate against women: Just 2.19% of total VC money went to female-founded startups in 2016. VCs discrimate against anyone over age 30 and especially over age 40 Meanwhile, Facebook spies on everyone and uses that data to propagandize us with messaging designed to control our minds. The tech industry is looking pretty damned awful...

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As tech companies regulate speech, will they lose their safe harbor?

Source: Silicon Valley escalates its war on white supremacy despite free speech concerns – The Washington Post Tech companies have long argued they are not responsible for the content posted by others on their platforms. Under this view, a tech company is not responsible if someone posts threats to kill others or instructions for building a bomb or details on how to hack into government computers. Companies have stood behind this principle, especially in regards...

Tech’s other problem – arrogance

In Silicon Valley: “Suddenly the mind-set became that if you’re a young kid who’s arrogant and disrespectful and doesn’t have the right social skills, that’s the mark of a good entrepreneur.” Source: Uber CEO’s admission he needs to ‘grow up’ highlights perils of being a young leader – MarketWatch There’s been much news coverage over sexism, and less coverage about age-ism, in the tech sector. This article highlights another problem – the culture of arrogance...

The role of the CIO in the future

With high tech readily available “off the shelf” and probably from an outsourced cloud service, what is the role of the CIO in 10 or 15 years? A world where IT is perceived as essential but not strategic is an ugly place to be. Source: The CIO is becoming the HVAC guy | Computerworld The author suggests the role of the future CIO is to provide a smorgasbord of IT options from which others can...

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Why on-the-job training has mostly vanished

Is On-the-Job Training Still Worth It for Companies? – Businessweek. The relationship between employers and employees is such that jobs are rarely long lasting anymore. As a result, employers do not wish to invest in worker training for fear they will not see a return on investment. Another fear, not mentioned in the article, is that training workers with new skills often implies they should earn more money – which employers prefer not to pay....

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US GAO’s full report on HealthCare.gov management failures

Here is the full report: Ineffective Planning and Oversight Practices Underscore the Need for Improved Contract Management (PDF) I do not have time to read it just now but look forward to going over it later as a lesson in software engineering practices. Related articles Probe: HealthCare.Gov Rollout Failed Because of Terrible Oversight Probe exposes flaws behind HealthCare.gov rollout

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