Tag Archives: Entrepreneurship

Helpful Hackers vs. College Regulators

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“In January 2014, California’s Bureau of Private Postsecondary Education (BPPE) sent warning letters to at least a half dozen local coding programs. According to VentureBeat, which first reported on the letters, the coding academies were given two weeks to ‘start coming into compliance’ with BPPE regulations. If they didn’t, they risked $50,000 fines and forced closure.  But the supervision these agencies provide also comes with significant costs. In addition to all the paperwork the academies must complete, there will be financial obligations as well: A $5,000 application fee, plus 0.75 percent of their annual tuition revenues, capped at $25,000.”

http://reason.com/archives/2015/04/09/helpful-hackers-vs-college-reg

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EnChroma Glasses May Permanently Cure Color Blindness

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“In 2010, Don McPherson, a glass engineer working in San Francisco, lent a pair of glasses he had designed to protect doctors’ eyes during laser corrective surgery to a friend to use as sunglasses during a game of Frisbee. Much to the two men’s surprise, the glasses had the unexpected effect of allowing the friend to see hues he had never before experienced.  While the effect of wearing EnChroma glasses is fascinating, it’s what happens after users take off the glasses that is truly noteworthy: Many claim they still see enhanced colors even without the glasses.”

http://www.newsweek.com/2015/05/15/enchroma-glasses-may-permanently-cure-color-blindness-328762.html

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Elon Musk starts his own small, secretive school without grade levels

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“The school is called Ad Astra — which means ‘To the stars’ — and is small and relatively secretive. It doesn’t have its own website or a social media presence.  Christina Simon, who writes about private elementary schools in Los Angeles, has done some digging around Ad Astra.  She says she’s been in contact with a mother whose child attends Musk’s school. The mother told Simon that the relatively new Ad Astra School is ‘very small and experimental,’ and caters to a small group of children whose parents are primarily SpaceX employees.  Musk says in the interview that Ad Astra, which is a year old, currently has 14 kids and will increase to 20 in September.”

http://www.businessinsider.com/elon-musk-creates-a-grade-school-2015-5

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Jeffrey Tucker: Is the Liberland Experiment Viable?

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“A three-mile area of land on the Danube river, uninhabited, was not under the control of any nation when Jedlička put up a flag, announced a constitution, and laid out the terms for a truly free society. He and his colleagues have sought international recognition, and the international press has been curious and generous.  Within 30 days following this announcement, governments adjacent to the property blocked access, Jedlička has been detained, and the prospects of a new nation coming into being suddenly look grim.  Absent outside political intervention, is it possible that Liberland can actually be a viable nation with a thriving economy? Absolutely.”

https://tucker.liberty.me/is-the-liberland-experiment-viable/

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California Gov. Shuts Down Luxury Bus for Techies

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“Leap, the luxury bus service that rolled out in March, has temporarily suspended its service today after facing a new regulatory challenge. The venture-backed private service had set out to improve San Francisco residents’ daily commute by offering an alternative to public transit. But regulators have stepped in to stop it.  Like many startups that have jumped into heavily regulated industries with the hope of improving a service that already exists, Leap has run headlong into authorities who by now are well-practiced at wrangling with ‘disruptive’ startups.  The company said it has received a cease and desist notice from the California Public Utilities Commission.”

http://www.wired.com/2015/05/leap-suspension-shows-regulators-are-watching-startups/

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Permissionless Innovation: Do you need government approval to invent?

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“In cities across the country, taxicab commissions have appealed to government to stop Uber, Lyft and other such ride-sharing programs.  New York City has threatened Airbnb, a home rental company fueled by connecting homeowners with potential renters via the Internet.  What about things such as smart cars, drones delivering goods, biomedical devices and 3D printers — things just entering the mainstream?  These and other emerging technologies are facing intense scrutiny and disrupting established business models, but at the same time they’re providing consumers with faster service, more choice and lower prices.”

http://watchdog.org/219116/permissionless-innovation-government/

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Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin

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“Many in the Bitcoin community told me that, in deference to the Bitcoin creator’s clear desire for privacy, they didn’t want to see the wizard unmasked. But even among those who said this, few could resist debating the clues the founder left behind. As I had these conversations with the programmers and entrepreneurs who are most deeply involved in Bitcoin, I encountered a quiet but widely held belief that much of the most convincing evidence pointed to a reclusive American man of Hungarian descent named Nick Szabo.  Mr. Szabo is nearly as much of a mystery as Satoshi. But in the course of my reporting I kept turning up new hints that drew me further into the chase.”

http://www.nytimes.com/2015/05/17/business/decoding-the-enigma-of-satoshi-nakamoto-and-the-birth-of-bitcoin.html

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Bitcoin Startup 21 Unveils Plan For Embeddable Mining Chips

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“The world’s best-funded bitcoin startup has revealed plans to market a line of chips to embed in consumer devices, allowing smartphones and other Internet-connected gadgets to continuously earn digital currency through the process known as ‘mining.’  The news from 21 Inc., which is also adding former Treasury Secretary Lawrence H. Summers to its advisory board and announcing that tech giant Cisco Systems Inc. and former AMR Holdings PLC chief strategy officer Mark Templeton are investing in the company, ends 18 months of intense speculation within the bitcoin community.  In March, the company said it had stealthily amassed $116 million in fundraising– a record for the sector.”

http://blogs.wsj.com/digits/2015/05/18/bitcoin-startup-21-unveils-product-plan-embeddable-mining-chips/

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This Bizarre Russian ATM Wants to Lend You Money

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“This strange kind of ATM began popping up at railway stations and shopping malls around Moscow last year. It looks like a regular cash machine, but it’s designed to accept loan applications and dole out money on the spot.  There are currently about 20 automated loan machines installed throughout Moscow. They allow customers to request as much as 15,000 rubles ($241) that must be paid back in 20 days or less. The interest rate is 2 percent a day, which works out to 730 percent on an annualized basis. That may seem insane, but some Russians have been willing to embrace the technology to make ends meet between paychecks.”

http://www.bloomberg.com/news/articles/2015-02-25/russian-atm-spits-out-loans

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Tomorrow’s Advance Man: Marc Andreessen’s plan to win the future

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“Peter Thiel favors ‘seasteading,’ establishing floating cities in the middle of the ocean. Balaji Srinivasan, until recently a general partner at a16z, has called for the ‘ultimate exit.’ Arguing that the U.S. is as fossilized as Microsoft, and that the Valley has become stronger than Boston, New York, Los Angeles, and Washington, D.C., combined, Srinivasan believes that its denizens should ‘build an opt-in society, ultimately outside the U.S., run by technology.’  [..] The game in Silicon Valley is prescience, and then it’s removing every obstacle to the ferocious clarity of your vision: incumbents, regulations, folkways, people. Can you not just see the future but summon it?”

http://www.newyorker.com/magazine/2015/05/18/tomorrows-advance-man

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