My firm just published our Spring 2008 Entrepreneurs Report, summarizing trends in the venture-backed technology market over the last several years. Among the statistics is this interesting chart showing the average founder equity dilution in Series A and Series B financings broken down by industry. The dilution numbers on the BioTech industry are up above 90%, meaning that by the end of the second round of financing founders of biotech companies don't own much of the company. The counter to this is that biotech projects require a greater degree of funding, and if you need to raise a lot of money, you aren't going to get it without giving up some equity.
If you like the idea of solar power, but aren’t convinced by expensive, clunky solar panels just yet, here’s a more manageable option: print your own on an inkjet!
Slashdot posted a story this week about an open source robot project from a start-up called Willow Garage in the Bay Area. The company is working on an open hardware platform for researchers and tinkerers to build on. In order for large groups of people to contribute to a robotics project, it helps to have everyone working on the same hardware.
Move Over, Oil, There’s Money in Texas Wind - New York Times: “The Energy Challenge
Move Over, Oil, There’s Money in Texas Wind
Brian Harkin for The New York Times
Jim Albert, front, and Jerry Tuttle, General Electric wind technicians, perch atop a turbine in Sweetwater, Tex. The turbines stand as high as 20-story buildings.
SWEETWATER, Tex. — The [...]
How Green Was My Valley | Redfin Corporate Blog: “How Green Was My Valley
The New York Times reports Friday that alone among all the cities hoping to be the next Silicon Valley, Seattle ‘is actually doing it.’
But the Times didn’t talk to iLike President Hadi Partovi, or Zillow.com CEO Rich Barton, both entrepreneurs who, like [...]
Wednesday, June 18, 2008
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