Timing and cultural circumstances are makers and breakers of successful commercial endeavors. For Dr. Jeff Orkin, co-founder of the new company “Giant Otter Tech”, it seems both elements are in his favor. Gaming and virtual environments have made waves in the last few years, and Orkins’ vision for his company lands right in the cross-section of the exploding artificial intelligence industry and education in a media-driven world.
Sustainable fast food. This idea seems a closer reality, with the first stem-cell-grown ‘burger’ put on a plate for taste-testing this week as related by a blog post from NPR’s the salt. The verdict? A bit of an unnatural experience, all around; however, the implications are profound, reflected by the interest and support of Google co-founder Sergei Brin, who stated that this is a technology that has the potential to change “how we view the world.”
One of the major headlines in recent news is Edward Snowden's revelation of documents which prove that the US government is using high-tech software to gather massive amounts of private information on every-day Americans.
In the late 1700's and early 1800's complex machines like the cotton gin and the sewing machine were developed to increase efficiency in manufacturing. A couple hundred years later we are in a much different technological climate where Kindle's are taking the place of books, iPods are taking the place of CD's, and we brush our teeth with battery-powered toothbrushes.
I was lucky enough to catch up recently with Fabrice Grinda, co-founder of OLX Inc. (one of the world's largest classified sites, employs over 300 people). Previously CEO and founder of Zingy Inc. (wireless communications, sold for $80M), and Aucland S.A (auction site in Europe), Fabrice is currently a major angel investor and respected thinker in the domain of technology and entrepreneurship.
The IPO scene in Biotechnology after 2008 was nearly non-existent, and even last year there were less than a dozen altogether. After Cellular Dynamics International went public in June, five life sciences companies began trading in the same week.