News Pick – Silicon Valley’s Next Phase is Focusing on Viable Business Models Over Rapid Growth – FP
June 30, 2016 – “We lived through 2015 with venture subsidy — you could get cheap rides, cheap food, cheap everything because the VCs were funding it,” says Sean Behr, chief executive of Zirx. “Not any more.” There has been a marked shift in Silicon Valley’s investment climate. The region’s VC-funded innovation machine has always judged […]
News Pick – Silicon Valley Investors Look North
October 8, 2015 – “Canada’s big tech companies used to be hardware makers, but that era is over. Nortel, once a telecommunications and networking-equipment giant, is a memory, and BlackBerry’s phones are an endangered species. From 2009, when Nortel filed for bankruptcy protection, to 2014, the year almost half of BlackBerry’s 85 million subscribers abandoned the phones, […]
News Pick – Silicon Valley: Inside the winners’ circle – FT
July 2, 2015 ” ‘As tech groups shy away from IPOs, the wealth created goes only to those with the right access’ … ‘By staying private, there is no need to waste time on sweating over quarterly earnings reports. “In public markets, you can lose the long-term view to focus on the short term,’ says Mr […]