Employees joining high-valuation startups often do not understand the structure of their equity compensation and may be disappointed by the actual value of their shares, writes Scott Belsky. Employees should ask about liquidation preferences, how long the company been at its current burn rate and other issues.
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There are about 14,000 licensed yellow cabs in New York City, but a study suggests the demand for transportation could be nearly satisfied with only 3,000 ride-hailing vehicles. Those vehicles would have to deploy the right algorithm and find customers willing to carpool, the study found.
the year 2017 could be big for venture capital-led startup investment because funds are well-supplied and the technology sector is doing well in terms of companies going public or being acquired, writes Matt Murphy of Menlo Ventures.
The SpaceX Falcon 9 booster will launch again next week, as the cause of September's spectacular launchpad explosion has been traced to the failure of a helium bottle in the second-stage liquid oxygen tank. It's presumed that fault lay in the graphite wrapping around the bottle, which apparently had gaps that allowed the oxygen within to freeze, leading to friction that eventually caused ignition.
Some entrepreneurs choose to focus on building their businesses and not spend time self-promoting on social platforms, writes Jay Austin. "Press doesn't equal success, although it can certainly lead to success," Austin notes.
Craig Elbert and Akash Shah founded Care/of, along with holding company and fund Juxtapose, as a way of putting a more personalized consumer health experience in the vitamin and supplement industry. The founders discuss the appeal of their personalized daily vitamin packs, including their use of brand storytelling.
