Plenty of Work for Company That "Winds Down" Start-Ups
A gloomy piece in the Wall Street Journal today analyzes the demise of Silicon Valley start-ups—"as demand for their products continues to deteriorate and funding dries up." The article highlights, or should I say, lowlights, Sherwood Partners, a Mountain View firm that specializes in "winding down start-ups." Since mid-January, Sherwood has shut down an average of three start-ups a week, up from just one or two closures a month in September.
The Journal, and everyone in the Valley, is worried that the trend will suffocate innovation. "That such shutdowns have reached tech start-ups shows how far the recession has spread from its Wall Street and housing-sector roots and how it now could slow innovation," writes Pui-Wing Tam and Ben Worthen in the Journal.
They quote Richard Mammone, a professor at Rutgers University who has also started several tech companies. "Start-ups are typically where innovative products and services are created," he says. "In normal conditions, the market rewards the best young companies and only the nonviable ones go bust. But in this economy, "it's not survival of the fittest.'"
New research links urban planning and political polarization.
- Canadian researchers find that excessive reliance on cars changes political views.
- Decades of car-centric urban planning normalized unsustainable lifestyles.
- People who prefer personal comfort elect politicians who represent such views.
Progressive America would be half as big, but twice as populated as its conservative twin.
- America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
- Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
- Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
Science and the squishiness of the human mind. The joys of wearing whatever the hell you want, and so much more.
- Why can't we have a human-sized cat tree?
- What would happen if you got a spoonful of a neutron star?
- Why do we insist on dividing our wonderfully complex selves into boring little boxes
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