Devon Scott | WRAL TechWire
Devon Scott

Devon Scott


Posts by Devon Scott


Next Week’s FutureWork Forum: Will Automation Impact Employment?

Technology has always existed to make work easier and to that end, it has been incredibly successful. But what happens when the technology simply does our work for us?  In his book “Zero to One”, Peter Thiel of PayPal and Palantir reminds us not to become spoiled by the idea that the future will happen, because, unless we actively design and implement that future, it won’t be the one that we get.  Here in my state of North Carolina, where technology is pervasive in a variety of industries, there is a continuous discussion about employment and economy. Further, the entrepreneurial fire...

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Four Wilmington Startups Emerge from Seahawk Innovation Incubator

A year of incubation from Seahawk Innovation helped four young Wilmington startups survive “the valley of death,” that early startup phase of negative cash flow but positive momentum.    At a December 16th “coming out party”, the founders of the companies—a baby bottle brand, health analytics startup, SaaS for clinical research and synthetic DNA producer—shared plans for 2016 and celebrated with the community at the Center for Innovation and Entrepreneurship at UNCW, where Seahawk, an investment and advisory firm, is a tenant.  Seahawk started soon after the CIE opened near the UNCW campus. The firm partnered with the university to provide mentorship...

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The Vs, Is and Ps of Startup Entrepreneurship

Last week, a Networking for Entrepreneurs in Wilmington (NEW) event featured four roundtable speakers who each offered tips for bringing a startup from seed to exit. The four speakers were David Jones of Bull City Venture Partners, Doug Ellis of M&A advisory Decision Point International, Sean O’Leary, former CEO of the recently acquired StrikeIron and the interim director of NC IDEA, and Peter Meath of the venture bank Square 1 Bank. Each speaker’s particular role in the business-building process offered a unique and valuable perspective.    The event was titled VIP4 and covered a total of nine topics each beginning with the...

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New Wilmington Angel Network Launches, Makes First Investment in Pet IoT

There are many hurdles and hardships for an entrepreneur trying to succeed. Among those is the ever constant need for capital, particularly from outside investors.  Coastal North Carolina areas don’t have the same density of startups as Raleigh/Durham or Charlotte, but several organizations have been working to change that by gathering and supporting startup business owners. And there have been some big successes with Next Glass and nCino raising large amounts of capital and grabbing national headlines. Early stage investment dollars remained a clear need until recently, when a new investment group was announced. Wilmington Angels for Local Entrepreneurs (WALE), a network...

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