There will be a day of reckoning. Sooner or later the investment community will begin to expect sustainable profitability from their highly touted investments, regardless of how photogenic the CEO may appear at conferences.
Businesses are beginning to adopt mobile applications to help them better manage their customers, collaborate with their teams and make their employees more productive. Which all, in turn, serves to please the Cash Flow Gods. The choices are growing and their power is increasing.
Last week, 336 Twitter employees were laid off. Now Dorsey hopes to "reinvest directly in our people."
The startup, founded and run by Twitter CEO Jack Dorsey, will list on the New York Stock Exchange.
If you travel overseas regularly, you've probably already seen chip card technology in action. It's based on a global standard called EMV and is already at work in countries moving to cashless options for private and public goods and services.
The company just named a second woman to its board.
Young & Entrepreneurial: How Merrill Lutsky Sold His Y Combinator Backed Startup Before Returning to Harvard
I was researching about student startup incubators when I came across Posmetrics Founder and CEO Merrill Lutsky while browsing through the list of student partners at Rough Draft Ventures, an investment fund that invests in student startups in the Boston area.
New technology that lets us pay for things with our phones sounds pretty amazing, right? It's convenient. It's easy to use. It could revolutionize the way we pay for things, making cash and credit cards obsolete. So now that the technology is here, everyone should be clamoring to use it, right?
You Only Have To Be Right Once: The Unprecedented Rise of the Instant Tech Billionaires by Randall Lane and the Staff of Forbes
"We led with conviction rather than rationale, because rationale said it was impossible" says Daniel Ek of Spotify. Lane