Rethinking talent: To access this talent, Silicon Valley will need to think beyond just hiring A players, often star engineers or project managers from “FANG” or other top tech companies. Instead, companies should focus on building A teams that can succeed over the long-term. It will need to widen its recruiting lens and focus on retention and growth rather than accepting a revolving door of talent as part of the business model. Distributed teams will be increasingly important to tap the world for talent, as technology skill sets grow globally and remote work becomes more of the norm. This may require companies to stand up to legislators that are leaning toward protectionism and reducing immigration quotas if they want to make their people their most valuable asset. … [Read more...] about Here’s how Silicon Valley can avoid Detroit’s fate
Incubator in silicon valley
"In a lot of ways what people were trying to look for was behaviour change which is the hardest change to make happen. Imagine ten years ago there was no Ola, Uber or Flipkart...many of these brands did not exist...you cannot imagine your daily life without them now... somebody had to subsidise their market creation," Khanna said justifying the move of VC firms who poured in millions of dollars in India. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital
The company which has so far tied up with manufacturing units based in India now plans to import products from China by the next quarter as it plans to improve its margins. The products if shipped from China could reduce the total cost by 10-50 percent ranging from one product category to another, said Karimpana. … [Read more...] about Why this H1-B visa holder decided to start a furniture rental company
After Cortese introduced the bill, it passed unanimously among the county’s five supervisors. After moving through various committees to confirm the details of the program—and expediting it because of increased urgency during the pandemic—it was approved on April 21, 2020. The county has allocated $900,000 to the fund, comprising $1,000 per month for the foster youths and $36,000 for program evaluation. Mentors will meet with recipients at 3-, 6-, and 12-month points, to track progress and to engage in financial literacy coaching. The pilot will serve 72 out of 131 individuals who turned 24 between January 1 and April 29—because “county services available to former foster youth reduce steeply after age 24,” according to the county numbers. … [Read more...] about This $1000-a-month universal basic income program is designed to help foster youth survive
As an investor in early-stage technology startups, I’m excited by the possibility of seeing something new. We’re often reluctant to look seriously at companies in the social networking space because competing with the incumbents seems virtually impossible. But Facebook, YouTube, Twitter, and Snap aren’t going to be able to convert their business models overnight. They’re going to spend a few years fighting this issue in Congress and in the courts. And they’re going to do everything possible to prove that they’re not monopolistic and don’t deserve antitrust scrutiny and regulation, which will limit their willingness to squash innovation. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?