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Silicon Valley Investor Aims To Create Tech Hub In Maine

PYMNTS

The city can’t hope to compete in every way with heavy-hitters like Boston, Seattle, San Francisco and Silicon Valley, which captured nine out of 10 jobs between 2005 and 2017. The logic behind the institute is that innovators do their best work when they are surrounded by other innovators.

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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

Founded in 2005, the FinTech AffiniPay now processes over $6 billion annually on behalf of 150,000 professionals, according to a news release announcing the appointment. Amy is an exceptional entrepreneur,” said Nick Cayer, partner at Boston-based Great Hill Partners. For its part, Newton, Mass.-based

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Most Platforms Can’t Scale, Will Fail

PYMNTS

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Except, of course, it didn’t – and it is now in the crowded graveyard of payments innovations that sounded too good to be true.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

A mounting debt, due to a leveraged buyout by a few private equity firms in 2005, along with competition from Amazon and other online merchants, caused Toys “R” Us’ ongoing crisis, which culminated in a Chapter 11 filing in September 2017. city sports. Date: October 2015. Category/Product(s): Sports apparel. Quiksilver.

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. State of Innovation Report. It was a genuinely innovative insight into allocating capital, dressed up as a 2×2.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

via Beta Boston. Torris said Boo.com also spent too much on advertising and promotions and failed to keep pushing forward on technology innovations. In a Boston Globe interview in January, he had indicated that the company’s financial performance was a pressing concern. ” via Boston Globe. via Boston Magazine.

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