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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. 
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. 

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.

You don’t have to know the answers. Don’t waste all your time making it perfect … don’t be afraid to put yourself out there and ask questions.

Katie Finnegan, co-founder of Hukkster. We asked Katie and her co-founder, Erica Bell, what advice they’d give to other startups

Take big risks and take big challenges. The worst thing that can happen is that you learn.

We asked Jason Sosa, founder of IMRSV, one of Time.com’s 10 startups to watch in 2013, what advice he’d give to people trying to get a startup off the ground. 

IMRSV is the company behind Cara, a software that allows developers to turn any webcam into a real-time video analytics sensor. In a fast-food restaurant, it could track how many people are standing in line. In a house, it could help control the temperature based on who is home. It could even monitor a driver’s attention, alerting him if he falls asleep…

Does wealth lead to innovation? Our list finds that median household income doesn’t determine startup success.
Why? “There is a reasonable hypothesis that areas that are fertile for startups are fertile at a point in time, such as Detroit in the 1890s,” says Ed Glaeser, Eleanor Glimp Professor of Economics at Harvard. “Startups come, they succeed, and then it becomes progressively less friendly as the area becomes wealthier. A few dominant firms emerge and they eventually end up pushing out startups. Areas then have to find a way to reinvent themselves.”

Does wealth lead to innovation? Our list finds that median household income doesn’t determine startup success.

Why? “There is a reasonable hypothesis that areas that are fertile for startups are fertile at a point in time, such as Detroit in the 1890s,” says Ed Glaeser, Eleanor Glimp Professor of Economics at Harvard. “Startups come, they succeed, and then it becomes progressively less friendly as the area becomes wealthier. A few dominant firms emerge and they eventually end up pushing out startups. Areas then have to find a way to reinvent themselves.”