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Biz Tek Today: Millennials & Entrepreneurship

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Are Millennials not as inclined for entrepreneurship as other generations (see the article below)? The author provides some thoughts as to why it appears Millennials are not as entrepreneurial. For me, I don’t know whether or not Millennials are inclined towards entrepreneurship or not. My thought, however, is that the rugged individualism that has made this country so great seems to be waning a bit. And it is this rugged individualism that has driven generations towards entrepreneurship and innovation.

 

Entrepreneurship

Most Employees Aren’t Bothered by CEOs’ Giant Paychecks 
Business News Daily
Ever wonder what your company’s CEO earns? Among public companies with at least $1 billion in annual revenue, CEO’s make an average of 70 times more in total cash compensation than the median salary of their employees…READ MORE

7 Ways to Get Inspired as an Entrepreneur
Small Business Trends
Yes, entrepreneurship is naturally exciting. Most of us get involved because we’re thrilled at the notion of getting to build our own enterprise, and the thought of building wealth keeps us going through a lot of challenges — but some days are harder than others, and inevitably, you’ll hit a wall when all that motivation and passion seems to slip away…READ MORE

The 15 best U.S. cities for entrepreneurs to live and launch
msn
Entrepreneurship is not the solo endeavor it’s often billed to be. The most visionary founders still need helping hands to bring their dreams to life. They still need communities to support them, challenge them and help them grow….READ MORE

The Myth of the Millennial Entrepreneur
The Atlantic
“Millennials are on track to be the least entrepreneurial generation in recent history,” John Lettieri, the co­-founder of the Economic Innovation Group, testified last week before the U.S. Senate. The share of people under 30 who own a business has fallen by 65 percent….READ MORE

 

Technology

Where in the world is my data and how secure is it?
BBC 
When Max Schrems, an Austrian privacy activist, requested to see his personal data that Facebook stored on its servers, he was mailed a CD-ROM containing a 1,222-page document…READ MORE

Why Amazon Is the Cumulonimbus Cloud of Business Technology
Fortune 
Behold the power of the cumulonimbus cloud. These gigantic and towering clouds can dominate the sky, hurl golf-ball-sized hail down to the ground, and, under certain conditions, spawn violent thunderstorms and severe tornadoes…READ MORE

Will Technology Slow the Growth of e-Discovery Services?
Bloomberg Law
In the Rand Institute’s oft-cited 2012 report “Where Does the Money Go,” the authors bet that of all possible solutions, predictive coding technology would be most likely to reduce the high cost of large e-Discovery projects…READ MORE

This Longboard Company Is Rethinking Electric Vehicles
Entrepreneur
Stanford grad and robotics engineer Sanjay Dastoor didn’t grow up skateboarding, but he now runs Boosted Boards, a Mountain View, Calif.-based company that aims to build the world’s lightest electric vehicles…READ MORE

Can Big Data Predict Startup Success?
Huffington Post
The past year has seen a number of projects emerge to try and help decipher whether a startup has what it takes to grow into something substantial. The project, called Test4startup, uses an algorithm that was developed in conjunction with a university professor to supposedly test the prospects of a startup idea…READ MORE

Transactions

Preparing To Sell Your Business? Consider 4 Key Questions From A Buyer’s Perspective
NuWire Investor
Selling a company can be one of the most complicated and frustrating events. If done incorrectly, value can be lost and longer term rep & warranty liability can hang over your head for an extended period of time…READ MORE

Why So Many CEOs Call It Quits After Their Companies Get Acquired
Forbes
Why do CEOs quit when their companies are acquired? Five reasons: First, it’s very difficult for founder-CEOs to work for someone else. They generally don’t mind working with others. They don’t even need to be “the boss”. But being told what to do, especially when it’s not clearly…READ MORE

Wave Of Mergers And Acquisitions Sweeps U.S. Wineries
Forbes
Over the past several months, there’s been a drumbeat of big-name mergers and acquisitions in the U.S. wine industry. In April, Jackson Family Wines acquired Penner-Ash Wine Cellars for an undisclosed price and in May they bought Copain…READ MORE

 

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Biz Tek Today (BTT), is an online resource for entrepreneurs. BTT recognizes that you are a busy leader in business and that finding time to identify and read relevant news for your business is challenging. BTT seeks to lessen this burden by regularly gathering the best of the best news articles from a host of national media and industry sources and delivering them to you in one convenient email.

 

Michael N. Mercurio, Chair Business Law and Transactions
mmercurio@offitkurman.com | 301.575.0332
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©2016 Michael N. Mercurio, Offit Kurman, Attorneys At Law. All rights