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In an attempt to set the tone for a new, restructured, and a hopefully one day resurrected Fab, CEO Jason Goldberg has sent around a memo that is less rally-the-troops and more “you’re lucky to be here.” Titled “It’s a fucking startup. Why are you here?" the note, also posted on his personal website, continues to remind his employees that they could, very realistically, lose their jobs.
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In an attempt to set the tone for a new, restructured, and a hopefully one day resurrected Fab, CEO Jason Goldberg has sent around a memo that is less rally-the-troops and more “you’re lucky to be here.” Titled “It’s a fucking startup. Why are you here?" the note, also posted on his personal website, continues to remind his employees that they could, very realistically, lose their jobs.

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With almost $1 billion in funding and ambitions to replace petroleum-based cars with a network of cheap electrics, Shai Agassi’s Better Place was remarkable even by the standards of world-changing startups. So was its epic failure.
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With almost $1 billion in funding and ambitions to replace petroleum-based cars with a network of cheap electrics, Shai Agassi’s Better Place was remarkable even by the standards of world-changing startups. So was its epic failure.

Read more ›

Getting around San Francisco just got easier, at least if you don’t mind a little bit of wind in your face. The Scoot Network and its fleet of electric-powered scooters just announced that it was expanding, adding five new locations for riders around the city for a grand total of 17 Scoot hubs.
What is Scoot, exactly? Think a CitiBike or ZipCar membership but for green-friendly, Vespa-like mopeds. Since launching 16 months ago, Scoot claims its members have treaded over 50,000 miles, and have kept 62,000 pounds of CO2 out of the environment. 
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Getting around San Francisco just got easier, at least if you don’t mind a little bit of wind in your face. The Scoot Network and its fleet of electric-powered scooters just announced that it was expanding, adding five new locations for riders around the city for a grand total of 17 Scoot hubs.

What is Scoot, exactly? Think a CitiBike or ZipCar membership but for green-friendly, Vespa-like mopeds. Since launching 16 months ago, Scoot claims its members have treaded over 50,000 miles, and have kept 62,000 pounds of CO2 out of the environment. 

Read more

4 Lessons Your Startup Can Learn From A Rust Belt Incubator

It’s one thing to attract adequate startup funding in New York or Silicon Valley. To do so in a place like Buffalo requires something more (a business plan, for one).

3. Ideas must travel.

"I sat with a company yesterday," said Z80 founder Jordan Levy, who had flown up to Buffalo that day from New York City. "I got angry with them because I said, what about the rest of the country? You’re building this just for New York City?" So many of the startups out there not only cater to young, single people, but city dwellers. The entrepreneurs at Z80, in part because of Levy’s urging, all have ideas that can "travel," as he puts it.