Entrepreneurship

What students should learn from Uber’s recent troubles

The criticism of Uber continues to pile up. This week, the car service was found to use secret software to evade government regulators and a video showed its chief executive in a verbal altercation with one of the company’s drivers. Previously, the company’s self-driving cars…

The renegade whose dream started the latest space race

Elon Musk’s company SpaceX and Jeff Bezos’s Blue Origins have grabbed the headlines in the space race, both of them building rockets and spacecraft.  But there is fascinating backstory on how this race and the private space industry came into existence.  It is the…

Fewer foreign entrepreneurs say they need the U.S. That’s a problem.

Apple is facing accusations that it copied Chinese innovations in the iPhone 7.  Indeed, China’s smartphone manufacturers released dual-camera systems and handsets without headphone jacks long before Apple did.  And the stickers and animations that Apple is adding to iMessage are a direct knockoff…

Democracy is a great thing, except in the workplace

“The Soviet Union I left behind was a dictatorship but the workplace was a democracy; America may be free but the workplace is a dictatorship” said Len Erlikh after I hired him at First Boston (now Credit Suisse First Boston) in 1986. Being of…

FORTUNE: It’s Right to Idolize the Entrepreneurs Striving to Make the World a Better Place

Theranos’ Elizabeth Holmes may have misguided the public, but real innovators do exist. Editor’s: The following post is a response to a Fortune article that outlines the dangers of putting founders such as Elizabeth Holmes on a pedestal. In his article After the Theranos Mess,…

How crowdfunding can help save Silicon Valley from its harebrained investors

There are fears that another Ice Age is about to hit Silicon Valley because of the implosion of its unicorns — start-ups valued at more than one billion dollars. By one estimate there were 229 such companies in January of this year. Their valuations are dropping precipitously because…

Here’s the advantage that keeps Silicon Valley ahead of the world

A trait shared by the fastest growing and most disruptive companies in history — Google, Amazon, Uber, AirBnb, and eBay—is that they aren’t focused on selling products, they are building platforms. The ability to leverage the network effects of a platform is something that…

Why Apple’s Defeat to Samsung Was a Victory for Innovation

Apple just suffered an important legal defeat to Samsung in its battle over patents. This is good because Apple’s claims were frivolous; its patents were questionable; and its use of litigation to hold back a competitor set another wrong precedent for the industry. Because…

The urgent need for Silicon Valley to lead a smart and civil conversation on inequality

There are very few issues that Donald Trump, Bernie Sanders, Ted Cruz, and Hillary Clinton all agree on.  One of them is the growing problem of inequality in income and wealth.  From the extreme left to the extreme right, everyone is angry about the…

How I realized the incredible impact that great bosses have

“I don’t care if you have to take drugs, you have to build it in six months,” said my boss, Khurshed Birdie, when I told him that he was on drugs if he thought my team could create a software development toolset in less than…

Chasing Rainbows Won’t Save Indian I.T. It Desperately Needs to Reinvent Itself

Wipro announced in May that it will open a technology center in Mountain View, California, to partner with startups in artificial intelligence and automation. And Infosys has just announced an investment in Palo Alto-based venture-capital firm Vertex Ventures, “to boost its access to startups…

Mobile is eating the business world, but where are all the great business apps?

Every 15 years or so, the world witnesses a profound shift in computing platforms. In the 1980s the advent of the PC heralded a shift away from mainframe computing. Then along came the Internet and an outpouring of web-based applications. Now it is mobile’s…