WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read the latest articles…
Remarkably, very little media attention was given a huge economic development bill introduced in the North Carolina General Assembly on Wednesday. Crowdfunding is part of it, rather than a separate piece of legislation. Will that help or hurt in a session dominated by HB2?
The Council for Entrepreneurial Development's new Hall of Fame is kicking off with a powerful lineup of honorees: The father of venture capital in North Carolina, the co-founder of Quintiles, a longtime tech industry lawyer, and the irrepressible co-founder of Red Hat.
Successfully commercializing technology discovered at universities is a Gordian knot not often unraveled. A proposed $2.5 million fund in a North Carolina bill introduced this week aims to bring more companies to market from university-born ideas.
A Senate economic development bill calls for the creation of a statewide entrepreneurial network to recruit "world-class investors, skilled entrepreneurs and managers" to North Carolina under the name NC RISE. If passed, it provides $2.5 million in funding.
There's much more to a new North Carolina Senate bill than crowdfunding. it includes details about a new "Small Business Venture Fund" that could mean as much as $100 million for startups and emerging companies. Rural and veteran-owned firms are big targets. But funding for the Triangle will be limited.
Three Republican Senators have filed a crowdfunding bill for North Carolina, sparking hope that legislation opening up investments to the masses and provide more capital to startups may become a reality. A similar measure also has been introduced in the House.
Providing proof that the startup boom in the Triangle is fact, not hype, is a new report from the U.S. Chamber of Commerce and two partners. The "tech Triangle" as the report describes the Raleigh-Durham metro area ranks No. 4 nationally as a startup hub.
Marine Corps/war-on-terror vet Jonathan Frangakis knows what real pressure is. Life or death based on his decisions as an officer. So while prepping for and presenting at Google Demo Day was pressure filled, the CEO of startup Mira prepped well for the "pitch battlefield." He didn't win - or did he? There's much money still coming his way.
Another top executive post at Lenovo is changing hands in what has become a game of musical chairs over the past year. And to make matters worse, Morgan Stanley says "sell" Lenovo shares, warning that profits are not going to meet expectations as smartphone sales plunge.
Angel investors face greater risks of exit failure now than 10 years ago, according to a new study by the Angel Resource Institute. And successful exits are taking longer to materialize. So what are the chances of failure? And are returns greater than institutional venture capital deal makers? Plus, see what the Angel Capital Association has to say about the data.
As Gov. Pat McCrory and Republican leaders struggle to deal with the growing political and business crisis that the controversial law has become, three very early opponents remain deeply committed to fighting for repeal. These startup CEOs aren't distracted - but committed.
Entrepreneurs, researchers and scientists building or hoping to launch new ventures in the agtech sector now have a wealth of resources to draw from - including investment dollars - with the launch of the AgTech Accelerator in RTP. Its CEO shares more details about the new venture backed by a lot of big names and an initial $11.5 million in funding.
Agricultural technology startups received a huge boost Thursday with the formal launch of the AgTech Accelerator in RTP. From funding to space to advisory services, entrepreneurs can draw on a variety of resources to launch and grow new companies, says the Accelerator's CEO in the first of a multi-part interview.
Three Wall Street firms have voted "no" on the big Quintiles-IMS Health merger so far by downgrading Quintiles stock. However, on Wednesday afternoon S&P Global Ratings weighed in with a positive review of the deal. WTW Insiders get the details.
Mira, which translates as "Look, look!" in Spanish, is carrying the hopes of the Triangle startup community to continue its dominance of Google Demo Day. The Silicon Valley showcase is Wednesday, and Jonathan Frangakis, its co-founder, CEO as well as a Marine officer, war-on-terror vet and Startup Factory graduate will be on the stage. But what is Mira, and who is Frangakis? WTW Insiders get the story.
Tuesday's merger of Quintiles with IMS Health Services might trigger other CRO deals affecting the Triangle, says Chapel Hill-based analyst Andrew Schafer of Industry Standard Research. Also, Wall Street is giving the Q deal the thumbs down as shares tumble 8 percent. Why? Schafer explains. Plus, a Bloomberg columnist weighs in.
The merger of Quintiles and IMS Health creating a $17 billion health services company announced Tuesday can be traced back to a meeting between the two CEOs last year. Quintiles' Tom Pike tells analysts the two firms discovered quickly how well they could work together, and the CEO of IMS says the collaboration has already delivered "major wins."
While co-founders Joe Colopy and Chaz Felix have left Bronto, the Durham-based division of NetSuite still has a familiar face at the helm. Carolyn Sparano is the new general manager, being promoted after a decade with the company. In an exclusive Q&A, Sparano talks about the opportunities as well as the challenges she faces as a female executive. She also discusses lessons learned from co-founders Joe Colopy and Chaz Felix.
One last time ... Joe Colopy roars about his experiences at building Bronto into an email marketing powerhouse that he and co-founder Chaz Felix sold a year ago for $200 million to NetSuite. Why did he leave the company? What's next? Will he work with Chaz again?