Following last year’s launch of FinTech Innovation Lab, a new fintech accelerator has emerged in London, courtesy of a partnership between Barclays and Techstars. Similar to previous programs run on behalf of Nike and Microsoft in the U.S., the Barclays Accelerator is a three month bootcamp-style programme, “powered by Techstars”, but specifically targeting fintech startups — a first for the international accelerator.
It also means that Techstars now operates two accelerator programmes in the UK capital city, having launched Techstars London in February this year, the first Techstars outpost outside of the U.S. after it merged with Jon Bradford’s UK-based Springboard.
Though based in London’s Mile End, near “Tech City”, startups who meet the programme’s fintech remit — in particular with applications focused on improving the banking experience for consumers — can apply from anywhere in the world. Ten companies will be accepted in total, with applications closing on on March 21st 2014, while the programme itself kicks off in mid-June 2014.
Barclays Accelerator startups get £12.5k of funding in return for giving up 6 percent equity, though it’s the value of the Techstars mentoring and business development support, and the programme’s ties to Barclays, that’s intended to be its biggest draw.
Specifically, mentoring will be provided by executives from Barclays, including Group Chief Information Officer, Darryl West, and Chief Design Officer, Derek White, alongside those from Techstars, including Jon Bradford, Managing Director of Techstars in London and David Cohen, founder and CEO of Techstars. The programme culminates with a Barclays Executive Demo Day and a Public Investor Demo Day in London.
There are also good commercial reasons for doing this, including being around smart people and innovation from the startup community.
It should also be noted that Techstars are the investors here. Even though Barclays and Techstars have committed to working together to offer six different accelerator programmes over three years, Barclays itself will have no direct ownership, interests, or options in the companies that enter its programme.
Instead, says Techstars’ Jon Bradford, the finance behemoth is “adopting a pay forward model”, which he thinks will ultimately create greater longterm value for Barclays.
“There are also good commercial reasons for doing this, including being around smart people and innovation from the startup community, business development and possible M&A/future investment/partnerships. But it is important to emphasis that all of the above is at the startups’ option and never Barclays.”
In terms of the kind of fintech startups that Techstars are on the look out for, or who might apply to the programme, Bradford says he thinks there will be companies from a broad spectrum of the financial industry and also companies who want early access to the Pingit platform, Barclays’ mobile payments app, as it opens up to developers.
“I’m sure it will appealing to a wide variety of companies who would like to partner with Barclays as well,” he says.
The idea of a major international bank paying it forward is an interesting development in context of the slightly uncomfortable relationship that London’s startups have historically had with the city’s financial sector. Higher wages paid for engineering talent by the banks has always been seen as creating a “brain drain” that many believe has held back the local startup scene.
However, after the global financial meltdown, in which London was particularly exposed, thankfully that’s begun to change.
Projects like the Silicon Milkroundabout job fair, and the general ‘cool’-factor of the East London ‘Tech City’ tech cluster, have also made a good case for startup life over working for a large financial institution.
Fintech, of course, plays to the strengths of both London’s financial district and the neighbouring startup cluster, so it seems natural to see the emergence of dedicated fintech accelerators in the UK capital.
Meanwhile, initiatives like CityMeetsTech are attempting to get the City of London banking community to actually invest in technology startups.
Image credit: Chris McKenna via Wikipedia.Read More →
Editor’s note: Cyril Ebersweiler is the founder of the pioneering hardware startup accelerator HAXLR8R (which is now looking for applicants) and Partner at SOSVentures. Benjamin Joffe is an expert on startup ecosystems, angel investor and Advisor at HAXLR8R. Both invest in companies around the world and spent over a decade in China and Japan. This is Part 1 of a series.
If the printing press was about “anyone can read,” the web about “anyone can write,” the hardware ecosystem changed enough to say today “anyone can build.” This idea – that anyone can build – is the cornerstone of the new “lean hardware startup.”
Yet, despite successes like Square, Jawbone, and Fitbit, hardware startups continue to look daunting to entrepreneurs and investors alike. As investors in over 30 of them through our hardware-focused accelerator HAXLR8R (and in a number of startups outside HAXLR8R, too), we would like to share some ideas on how the landscape has changed for hardware entrepreneurs, and how it is now possible to be “lean” in hardware, too.
The first challenge for hardware entrepreneurs is to get from your first prototype with 3D-printed parts, duct tape and cardboard to production-ready.
Steve Blank, a key inspiration in the Lean Startup movement, famously said “No business plan survives contact with the customer.” If you’re doing hardware the lean way, “No hardware plan survives contact with a factory” should be your mantra.
Design with the right components
Hardware often starts with a “bag of parts.” This won’t cut its time to hit the factory. Non-standard components make it nearly impossible to manufacture on a larger scale. If you don’t want to be doing all the assembly work by hand with your friends in the style of Steve-Jobs-the-movie, you’d better look for the right parts as soon as possible.
A prototype is ready when it can be manufactured
You got the right components? Great. But you’re not quite done yet: if your prototype can’t be made or even assembled, you’re toast. Luckily, factories often know better what can or cannot be done and can help you figure it out.
Of course, it works much better if you can be on site frequently to discuss it with the people actually doing the work rather than send long emails with specifications. You can thus iterate on the design of your prototype much faster.
Many of our startups saw the design of their products evolve, the sous-vide machine Nomiku is probably one whose changes were the most radical between the moment they joined HAXLR8R and the moment they went into production (read their story here on TC).
Manufacturing ability is one thing but costs are often a determining factor. A quote from Alibaba is not a reliable estimate nor is asking for “Apple quality” for half the price of a reasonable request to a factory. Avoid being overcharged or being laughed at by getting a better sense of your bill of materials and the manufacturing process.
Your factory is your most important partner
Okay so you have the right components and you know your product can be made and assembled. Are you going to select the factory and handle the relationship yourself?
It’s easy to make excuses for this one: it’s complicated, it’s in China (or Mexico, or elsewhere), you don’t speak the language, it takes time.… And where to start? Overall, it is scary.
As a result, it is tempting to bring in a third party to handle the relationship with factories. Beyond reducing your margins, the problem is that those companies essentially end up doing both audit and consulting. You know the result of this.
You can’t do hardware for long not knowing anything about manufacturing. So while you might need advice to get started, there is an expertise in project management and quality control you need to grow to succeed in the long term. And if you still have doubts: all the startups that went through HAXLR8R learned how to do it, and so can you. It might be worth noting that our 30 startups work with 30 different factories, to suit their needs best. To each his own!
“Not every product can be made in a toy factory. Your factory will make or break you, so pick wisely. Do not have a third party between you and your key suppliers.” – Zach “Hoeken” Smith, Co-founder, MakerBot (HAXLR8R Technical Director)
Good products have good technology and design, but also good distribution and good branding. Can your brand encompass your values, mission, product and be memorable in many languages?
As an example, Axio, a company doing wearable tech for your brain and part of the second batch at HAXLR8R, did a thorough rebranding to Melon, revisiting entirely its name, logo, approach, app and look and feel.
Pick the right business model(s)
Pure hardware is at risk of being commoditized fast, and many products now include “smart” connectivity and a service layer. Doing hardware-as-a-service means that picking the right business model is very important.
At HAXLR8R, Spark started off by making open source hardware and software, then a device-based subscription and then licensed both hardware and software. More recently, Vibease, the wearable smart vibrator, added sales of the content of a library of audio recordings to its revenue models.
Changes in the ecosystem have made it much more possible to start hardware companies at a much lower starting cost. Expect to see many new successful hardware startups, as “smart” products gradually come to replace the objects in our life!Read More →
Drawbridge, a cross-device ad targeting startup backed by Kleiner Perkins Caufield & Byers and Sequoia Capital, officially expands into Europe today with the appointment of Kate Burns, one of Europe’s most experienced ‘scaling up’ executives. Burns is the ex-Director of Google UK and the ex-CEO of AOL EU and will be based in London to lead Drawbridge’s entry into Europe, Middle East, and Africa markets.
Burns is a rare beast on the European tech scene: a highly experienced operator with over 16 years of sales, business development and digital expansion experience on an international level for major technology brands. In particular, London, where she will build out the office, is widely acknowledged as the platform for the international advertising industry.
Drawbridge is clearly looking to capitalise on the growth in the global market for cross device advertising. The company is located in Silicon Valley and is backed by Sequoia Capital, Kleiner Perkins Caufield & Byers, and Northgate Capital.
Its ‘big idea’ is trying to improve mobile ad targeting by collecting data about user activity on the desktop web, mobile web, and mobile apps, then using “probabilistic and statistical inference models” to suggest which PC and mobile users are actually the same person using different devices.
This is extremely important when it comes to so-called “two screen media” – where people watch TV and interact with the mobile or tablet device.
Kamakshi Sivaramakrishnan, CEO of Drawbridge notes that “Kate was instrumental in driving Google’s early growth in Europe and her effort building AOL’s advertisers and publishers networks, made her a perfect choice to lead our international expansion.”
Burns was Google’s first international hire in 2001, has held key sales positions at Altavista, Doubleclick, Ziff Davis, and News International and also created KT3, a commercial development firm helping technology businesses expand into Europe.
Drawbridge recently expanded with a new feature allowing mobile advertisers to reach consumers with retargeted ads, regardless of whether they’re using an app or on the mobile web.Read More →
UE LifeSciences Launches WeMustTry.com Crowdfunding Campaign for Low-cost, Painless Breast Cancer Screening Services Focused on Developing Countries
UE LifeSciences Inc. (UELS), medical device maker of innovative breast cancer detection tools, has announced a crowdfunding campaign to help fight breast cancer. The ‘We Must Try’ campaign will offer 25,000 women painless and radiation-free breast examinations at several clinics in India, Mexico, Panama, Brazil and Egypt.
“The goal is to identify breast cancers earlier to directly and positively impact treatment outcomes and extend quality life,” said Dr. Ari Brooks, Director of the Integrated Breast Center at Pennsylvania Hospital. “We Must Try has this goal at the heart of its campaign.”
SOURCE:http://www.prnewswire.com/news-releases/ue-lifesciences-launches-wemusttrycom-crowdfunding-campaign-for-low-cost-painless-breast-cancer-screening-services-focused-on-developing-countries-228762411.htmlRead More →
Berlin! Here Are The Judges, Prizes, Workshops, And Final Tickets For The First Ever Disrupt Europe Hackathon
Think you’re one of the best developers in all of Berlin? Here’s your chance to prove it — and maybe, just maybe, take home a nice stack of cash for your efforts.
This weekend, we’re bringing our TechCrunch Disrupt conference to Europe for the first time — and to kick it all off, we’re throwing one of our crazy, wonderfully-exhausting hackathons.
This’ll be the last batch of tickets we release before the event. Oh, as if the deal weren’t sweet enough: we’ve added a bunch of new prizes to the mix. Oh, and API workshops! Oh, oh, and a fantastic panel of judges!
Never been to one of our Hackathons? Here’s the gist of it: You enter. You find a team, or bring one with you (or, hell, hack alone!). We start the clock, you open your blank code editor, and you let loose every bit of skill you’ve got at your disposal to build something entirely from the ground up.
At the end of (just less than) 24 hours, you and your team have 60 seconds to wow the crowd —from your fellow hackers, to local VCs, to our panel of awesome judges.
Speaking of awesome judges: meet your judges!
Peter is the founder and head of Deutsche Telekom’s global incubator, hub:raum. hub:raum provides seed/early stage startup companies with funding, support and a pragmatic way to leverage the assets of a global corporation. Prior to that, he co-founded and managed an internal innovation accelerator for Deutsche Telekom (T-Innovations GmbH) as well as his own internet startup (Everseven).
For the past two years, Anika has been a Developer Platform Evangelist for Microsoft. Before this, she studied Media and Communication and Political Science at Free University of Berlin, and Corporate and Business Communications at the Berlin University of the Arts.
Alexander Grosse is VP of Engineering at SoundCloud. Before SoundCloud he worked as R&D Director at Nokia. Alexander has worked in a wide range of positions (Development, Consulting, CTO) in the software industry since 1996, including co-founding two startups. He holds a Masters in computer science from the University Of Oldenburg and an Executive MBA from FOM Berlin. Besides computer science, Alexander works(/worked) as a techno DJ in Berlin’s party scene.
Johannes is CEO and co-founder of GetYourGuide. He graduated with distinction from the Swiss Federal Institute of Technology with a Master’s Degree in Biochemistry
Our very own Senior Editor Matt Burns is joining in on the fun this time. Headin’ to Berlin from way out in Flint, Michigan, Burnsy has been a writer for TechCrunch since mid-2008. Weird (but totally serious) fact: Matt can’t stand the word ‘lettuce’.
Also meet our lovely code auditor (the code for the Top 3 finalists is audited to help ensure the projects are, in fact, built at the Hackathon):
Falko is all about mobile, and has been developing applications for Android and iOS devices since 2009. He dreams that one day, we will need only our phone for all daily business. After years at SinnerSchrader Mobile and building up a mobile department at Berlin’s Quandoo, he is now a freelance developer and consultant.
Need some inspiration? Want to learn a thing or two before you leave? At each hackathon, we offer a series of awesome API workshops lead by some of the very people who help make those APIs a reality. Workshops occur on day one (Saturday, Oct 26th) at the following times:
2:00p.m – Paymill: Paymill demonstrates how to integrate their online payment API
2:30p.m – Lufthansa/Foursquare: Lufthansa and Foursquare have teamed up to encourage teams to build travel-themed hacks, and will be demonstrating how to use Foursquare’s APIs to do that.
3:00p.m – Box: Box’s Director of Product, Peter Rexer, will lead a workshop on how to use Box’s API for easy content management.
Last but not least, the prizes!
Now, we’ve always had some pretty sweet prizes on the line. The top team of the day (as determined by our judges) takes home an easy $5,000, and the Top 3 teams all get to demonstrate their hacks a second time … in front of the entire audience at the main Disrupt Europe conference. Meanwhile, the top fifty teams will each take home 2 tickets to the entire Disrupt Europe conference, each valued at nearly $1,000.
But wait! That’s not all!
Our API sponsors have thrown another couple thousands of dollars worth of prizes into the mix. Here’s what else is up for grabs:
Weather Underground is giving away $1,000 for “the most creative and innovative” use of their weather API
Mashery The best hack using an API from Mashery’s 50+ public APIs will receive an iPong Ping Pong Robot, 4 paddles, and a starter ping-pong ball kit
Yammer will give three factory-unlocked Lumia 925s and a Jambox to the team who makes best use of the Yammer API
Zalando is looking for the team with the “most innovative and creative approach of using [their] API to take customers on a unique shopping journey”. That team (up to 5 people) will each get a Nexus 7 tablet and a 200 Euro Zalando voucher.
Sound like fun? It ought to! Because it’s going to be great.
As mentioned, we’re pretty much out of tickets. We scrounged together one last batch of tickets, which we’ve released down below. If you don’t get in this time, you’re probably out of luck.
To recap, here’s what you need to know.:
As long as you’re building something, participating is free. Interested sponsors, give us a shout.
After roughly 24 hours of building, hackers present their projects to their peers and a panel of fantastic judges (see above).
The Top 50 teams each get 2 tickets to Disrupt Europe
The team behind the best hack of the day takes home a cool $5,000, and the top three teams all get to present their projects to the Disrupt audience. There will also be a bunch of prizes awarded by the Hackathon sponsors (see above.)
The Disrupt Europe 2013 Hackathon runs overnight, from Oct 26th-26th, and we’ve just released the very last batch of tickets. What are you waiting for?
(Want to just attend the Hackathon presentations on Sunday? We’re releasing tickets for that, as well. Make sure you get the right one.)
Our sponsors help make Disrupt happen. If you are interested in learning more about sponsorship opportunities, please contact our sponsorship team here email@example.com.
Please note: There are two types of tickets here. Spectator tickets ONLY let you attend the Hackathon presentations on Sunday beginning at 11am AS A VIEWER. If you want to build/present in the Hackathon, you’ll need a Hacker ticket.Read More →
Apple executive Suzanne Lindbergh, who has been with the company for 25 years, confirmed via email today that she has accepted a new position with speaker and Bluetooth accessory maker Jawbone. The marketing specialist had the official title of “Worldwide Director of Buzz Marketing” at Apple, which put her in charge of making sure Apple products showed up front-and-center in both big and small screen entertainment.
Hollywood productions have long features Apple products in various capacities – I’ve been re-watching Fringe recently, and Olivia’s notebook of choice is a MacBook Pro computer. A recent example that made headlines was in the Netflix original “House of Cards,” which featured one scene in particular with a lot of Apple gear all in-frame at once. While it didn’t take the top spot this year in the Brandcameo awards, which track and compare placements of a variety of product throughout the year, it wasn’t far off the leader.
Lindbergh’s role appears to have been focused on making sure that Apple products where available to and in use by the right people. Unlike other companies, Apple reportedly doesn’t pay to get their products into movie and TV shows (we’ve heard this from sources, too); instead, it simply makes free iPhones, Macs and iPads available to productions for their use.
As to the reason for the departure, which was first reported via anonymous tip to AppleInsider, Lindbergh told us via email that she was simply ready for a new challenge, and Jawbone presented exactly that. Her role at the accessory-maker will be extremely similar to what she was doing at Apple, according to a statement she provided TechCrunch.
“I am incredibly excited to head to Jawbone to begin work on entertainment industry collaborations for Jawbone and their incredible products,” she says in the statement. “Excited to be part of a team who are defining the future of wearable technology and audio devices.”
I wouldn’t expect Apple to fall out of the Hollywood spotlight as a result of this executive departure, but it will be interesting to see how that strategy changes, if at all, as the person responsible for product placement for a 18 years moves on to something new. Lindbergh tells us she created, ran and defined Apple’s movie and TV outreach program back in 1994, so it’s definitely a significant shift.Read More →
The HitFox-incubated mobile games marketing platform AppLift has raised a further $7 million in funding. Citing ‘over performance’ since its $13 million Series A round in June, once again the investment comes from Prime Ventures, bringing total external funding raised by the Berlin-headquartered startup to a cool $20 million.
However, follow-on funding aside, AppLift is also announcing that it’s poached two extremely seasoned Rocket Internet MDs to fill the positions of MD and COO, and MD Asia, respectively. That’s likely testament to the speed at which the startup is growing, but also speaks to a trend that’s seen a number of Rocket execs jump ship as the German startup factory focusses on supercharging international growth for its established e-commerce properties in Asia, Latin America, and Africa, perhaps at the expense of hatching new startups. Or, as one insider argued to me recently, the Samwer brothers haven’t started up anything “substantial or interesting” in Berlin for quite some time, narrowing the career opportunities for its top talent.
Founded in 2012 by HitFox Group, Kaya Taner and Tim Koschella, AppLift’s marketing and monetization platform helps games publishers acquire more users for its games, and in turn generates revenue for affiliates who want to monetize their mobile sites and apps by sending qualified leads AppLift’s way. Its platform is able to track, measure and benchmark the quality of players delivered with regards to retention, virality and, of course, monetization, such as in-app purchases. Or to use games industry speak, AppLift is able to optimise the “Customer Lifetime Value” of the users it delivers.
Growth, both in terms of the games publishers using its platform, and media partners, seems to be on a decent trajectory. The company currently works with over 100 major game publishers, such as King, Wooga and EA, and 1000+ media partners, up from 80 and 500+ respectively since June this year. As well as its Berlin HQ, since launch, AppLift has also added offices in San Francisco and Seoul. In total, the startup now employs over 65 people across its three offices.
Today’s follow-on funding will be used to “execute further on the company’s global expansion and hire additional top talent in tech, product and business development,” according to the press release. Interestingly, part of the investment comes as a secondary towards AppLift’s majority shareholder HitFox Group (in other words, HitFox has disposed of some of its shares in AppLift). The incubator says it will use the funds raised from the partial sale to co-found further “synergetic” ventures. What those new ventures are, HitFox isn’t saying, though I’d speculate that given its original remit to establish or acquire two new startups per year it wouldn’t be surprising if these were already in the pipeline.
More on those two ex-Rocket hires. New AppLift MD and COO, Dr. Hendrik Harren, has previously co-founded six companies from the Samwer brothers’ incubator, including African e-commerce venture, Jumia Nigeria. Meanwhile, Stephen Chung, who takes up the position of MD Asia for AppLift, was formerly Managing Director for Rocket Internet in Hong Kong and, among others, built up the e-commerce fashion company Zalora.Read More →
Editor’s note: This post is a response to a Twitter exchange between Vivek Wadhwa and Twitter CEO, Dick Costolo. Vivek Wadhwa is a Fellow at Arthur & Toni Rembe Rock Center for Corporate Governance, Stanford Law School and Director of Research at Pratt School of Engineering, Duke University. We have included the full exchange at the bottom of this post. You can also Follow him on Twitter @wadhwa.
Twitter has taken a lot of fire for having an all-male board, almost all-male management team, and all-male investor group. The root of this problem is arrogance and a “don’t-care” attitude. This was exemplified by a response by its CEO Dick Costolo to comments I made in a New York Times article—about Twitter’s gender imbalance. Instead of responding to the issue that was raised, he tweeted “Vivek Wadhwa is the Carrot Top of academic sources.” In follow-up conversations on Twitter, he continued to hit below the belt rather than address the problem.
@wadhwa you're not seeing my point. you give people an easy out by just checking a box. The issues are much bigger than checking any 1 box.
Costolo isn’t alone in the way he responds to criticism about sexism. Here is the harsh reality: Silicon Valley is a boys’ club — a fraternity of the worst kind. It stacks the deck against women. It leaves out blacks and Hispanics. And it provides unfair advantage to an elite few who happen to be connected. Yes, it is also one of the most diverse places on this planet, where anyone can strike it big. But that opportunity only comes of learning the Valley’s rules of engagement and mastering them. Very few can.
In its IPO filing, Twitter, for the first time, revealed detailed information about its investors and operations. This brought to light its severe gender imbalance. This is tolerable of companies in their infancy that can’t easily pick and choose whom they take money from and whom they place on the board. But the rules change once companies grow up and become public entities. They have a responsibility to the people they are taking money from: the public.
What Twitter should have done in preparation for being a public company is to have it resemble the people they are going to be taking a billion dollars from — the people who are going to be making its executives and investors rich. This includes women as well as men, and blacks as well as whites. This is not only the right thing to do from a social perspective; it provides the best return to shareholders: companies with the highest percentages of women board directors outperform those with the lowest by 53 percent. They have a 42 percent higher return on sales and 66 percent higher return on invested capital.
Getting beyond the IPO, Twitter is also doing itself — and its future owners — a big disservice by cutting itself off from the people who use its services and from which it derives all of its revenue. As the New York Times’s Clair Cain Miller noted in the article, “Having women executives matters not just for purposes of equality, business analysts say, but for product development and the bottom line. More women use social media than men, according to a study last month by the Pew Research Center; men and women use Twitter roughly equally. Twitter earns revenue from advertising and women are the chief consumers.”
What I had said to Miller was that elite arrogance of the Silicon Valley mafia, the Twitter mafia, is male chauvinistic thinking; how dare they think they could get away with this?
It isn’t that Twitter didn’t know that going public with such an imbalance would look bad for the company. I used the word “mafia” because there is an echo chamber in Silicon Valley that hears only itself and shows a disregard for the people whom it derives revenue and investment from.
It is time to change this. Twitter, and other technology companies in the echo chamber, must lead. It’s not enough for company executives to make donations or be advisers to groups such as Girls Who Code. They must take action and be the good example — just as Facebook did before its IPO. In addition to its COO, Sheryl Sandberg, Facebook added University of California San Francisco Chancellor Sue Desmond-Hellmann to its board.
Sandberg, with her book Lean In and the movement she has started, is also being proactive about fixing the gender gap and inspiring women to become engineers. She provides a good role model for the rest of the tech industry.
I am finalizing a crowd-created book, titled Innovating Women, that builds on Sandberg’s work. More than 500 women worked with journalist Farai Chideya and I on this project, which tells the stories of women who were excluded from the innovation economy but defied the odds and achieved success. Women share their lessons and provide motivation and inspiration for others. After researching the subject, I have realized that there is no shortage of great women who can lead organizations and be on boards. Women are at least as innovative as men are. They are more sensible. That is why I so vehemently argue that we should not leave them out — our economic growth depends on this.
What I learned while editing my upcoming co-authored book, Innovating Women, is that leaders must take a proactive stance in integrating diverse voices. Leaders can’t just wait for them to come across their desk in the failed hope that the best people will rise to the top. Dick, I know some great women who can help you build an even greater company. I would be glad to introduce you to them.
@rich1 Vivek Wadhwa is the Carrot Top of academic sources.
@anildash huh??? I was making fun of his propensity for silly hyperbole. I didn't say anything about the topic or even reference it!
@anildash and how do you favorite things so quickly? I hadn't even put my phone back down!
@anildash eh, not my point, no. I *think* I have an acute understanding of the topic & host of related issues. Of course, proof is in deeds
@anildash Well, that's exactly it. The whole thing has to be about more than checking a box & saying "we did it!"
& you DO concur. SO MUCH!
@wadhwa you're not seeing my point. you give people an easy out by just checking a box. The issues are much bigger than checking any 1 box.
.@dickc Dick, you are one of the most visible companies in tech. If you won't take the lead and fix the imbalance, who will?
—Vivek Wadhwa (@wadhwa) October 05, 2013
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@wadhwa ah, I think you do a disservice to the broader issues with the hyperbole. It's easy applause, sure, but gives everyone an easy out.