Prostate cancer is a rapidly moving field when it comes to the treatments that are available. Prostate cancer experts at Mayo Clinic Comprehensive Cancer Center work in an integrated genitourinary practice, which allows them the size and scope they need to drive the entire field forward. At Mayo Clinic, innovative prostate cancer treatments include theranostics, genomics, advanced drug therapies, nuclear medicine imaging, 3D imaging and modeling, and more.
Investors think a great deal about a great number of things when considering an investment: How big is the market? How good is the founder-market fit? Is it venture-scale?
It’s natural for founders to live and breathe for their customers and product, but the dirty little secret of fundraising is that your investors are extraordinarily unlikely to care about your product. And they have a few legitimate reasons for being that way.
Dylan Field, the co-founder and CEO of San Francisco-based Figma, is on the cusp of an epic windfall after Adobe (ticker: ADBE) announced plans to acquire his company for $20 billion this week. Field will stay on with Figma (which makes collaborative design tools), and he reportedly owns a a sizable stake in his company. Forbes estimated it at 10%, which means Field could be looking at a $2 billion payday from the deal. (Field declined to provide details of his ownership share with MarketWatch.)
Solar panels often get a bad rap for spoiling the appearance of homes and businesses. Yet, this may be about to change.
A research group has fabricated a highly transparent solar cell with a 2D atomic sheet. These near-invisible solar cells achieved an average visible transparency of 79%, meaning they can, in theory, be placed everywhere - building windows, the front panel of cars, and even human skin.
Image: An optical image of a highly-transparent solar cell fabricated with a 2D atomic sheet. (CREDIT: Toshiaki Kato)
The year was 1984. It was shortly before Steve Jobs left Apple and several years before Jobs would go on to conduct one of the biggest turnarounds in business history, bringing Apple from the brink of bankruptcy to become one of the most valuable companies in the world.
The type of wind turbine you’re used to seeing in stock photos of wind farms is called a horizontal axis wind turbine (or, HAWT). But there is another form of wind power, called a vertical axis wind turbine (VAWT), in which the blades rotate on an axis perpendicular to Earth’s surface. This type of turbine can work better in unstable wind conditions because they don’t need to be pointed into the wind, but still produce much less electricity and durability problems because of the force the wind exerts on them. That’s why you would only see VAWTs in small applications, like homes, and HAWTs in wind power farms.
Image: World Wide Wind
Proper customer research is vital to the success of your business. One of the two most frequent causes of startup failure is launching without conducting proper customer research. It is undeniable that proper customer development research requires time and money.
Of course, there are plenty of other ways to research the market. One can analyze information on the Internet, study articles or speak with friends or other entrepreneurs. However, these may not be enough. Regardless, the lack of proper qualitative research can lead to business mistakes.
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About Innovation America
Richard A. Bendis is the Founder, President and CEO of Innovation America (IA), a global innovation intermediary focused on accelerating the growth of the entrepreneurial innovation economy Internationally and in America.