article thumbnail

Why The Future Of US High-Tech Is Bright

YoungUpstarts

Yet once the software is coded, it can be reproduced millions of times at virtually no cost. Most of the costs incurred by Microsoft in developing new versions of Windows involve paying engineers to write software codes. These costs are largely fixed. This article was first posted in The Financialist.].

article thumbnail

Crowdsourcing Hope With Online Donation Platform GoFundMe

YoungUpstarts

San-Diego, California-based GoFundMe essentially is a crowdfunding platform that lets someone collect donations for a personal cause or a life event. But crowdsourcing donations, however – like trying to raise funds for victims of a natural disaster or a child fighting cancer – has been near impossible.

San Diego 176
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Solving Hard Problems: Traptic’s Harvesting Robots

K9 Ventures

Traptic’s mission is to save the world’s food production from a crippling labor shortage using robotic farm machines and therefore allow our society to expand food production in a sustainable and cost-effective manner. Well, because the labor cost for harvesting strawberries in the US exceed $800 million annually.

Harvest 48
article thumbnail

The Boundaryless Era: the Time for Distributed Teams

ReadWriteStart

It even penciled for Google in 1998, and it still worked well enough that Facebook chose to establish its headquarters in Palo Alto, California, in 2004. For some time now, it has been possible to outsource engineering labor to other countries. Reason Two: Ridiculously High Cost of Living in the Bay Area. Ditto for Apple.

article thumbnail

Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

The reason why many have started using the debt note, is because with no complications, an average convertible debt deal can be sealed with a five to seven page legal agreement that takes just a few hours to finish, and costs $5,000 or less. San Francisco, California. Disrupt SF Hackathon 2012. Crunch With Us. Follow @TechCrunch.

Equity 87
article thumbnail

How Venture Capitalists and Government Can Promote Entrepreneurship

David Teten

By contrast, as a venture capitalist, I can report that almost all of our portfolio companies are desperate to hire talented software engineers, and eager to hire in a range of other roles. A team in California is already creating a offshore seastead for non-US citizens who want to build companies in the US.

article thumbnail

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

He presented a system where your search results would be ranked based on companies bidding for placement and where merchants would be charged on a “cost per click” basis (CPC). As a result we have a large number of locally employed engineers with video experience that will fuel the next boom of the Internet (Americans watch 5.3