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The Connected Economy: It’s About Time

PYMNTS

One of the most important innovations in history is the pendulum clock, which was invented in 1636 by Christiaan Huygens , a Dutch scientist and founder of the field of mathematical physics. Enabling people to use their scarce time more efficiently has been at the core of many disruptive innovations throughout history.

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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

Our founder] conceived of the innovative idea of bringing one idea on one item to a print, on-demand platform that could be easily shared and developed the first prototype in 2001,” said Hugo Smoter, chief commercial officer for Spreadshirt. “The million items last year. “[Our Despite a 15-year run in the EU and 10 years in the U.S.,

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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

Product innovation is one way that large corporations stay competitive in a rapidly changing marketplace, but it doesn’t always work out when big brands attempt innovation. Understanding failure is crucial since so many accounts of innovation focus on the successes and so are affected by survivorship bias.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. Then depositors woke up.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. 32) in August of 2002. Microsoft and Nokia. Date: April 25, 2014.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

In the early 70s, See’s was able to produce about $2M a year (after tax) on just $8M in net tangible assets (including all accounts receivable.) Berkshire Hathaway bought See’s, and by 1982, it was up to producing $13M after taxes on just $20M in net tangible assets. That premium is the company’s “economic goodwill.”.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Later, the retail giant sold its entire e-commerce operations in China to JD.com. That was when he approached Capital Today, pitched his vision of a “full-service online retailer,” with a focus on logistics, and asked for $2M. Kramlich and NEA saw this when they flew over to China for due diligence in 2002.

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