FEATURE
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Rise of the Teenage Technorati
March 8, 2014 | New York Times
Ryan Orbuch, 16 years old, rolled a suitcase to the front door of his family’s house in Boulder, Colo., on a Friday morning a year ago. He was headed for the bus stop, then the airport, then Texas. “I’m going,” he told his mother. “You can’t stop me.” Ryan is now 17, a senior at Boulder High. He is among the many entrepreneurially minded, technologically skilled teenagers who are striving to do serious business. “Things used to be linear. Now," Ryan's mother says, “there is no rule book.”
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Companies Rush to List IPO Shares
March 6, 2014 | Wall Street Journal
In a development reminiscent of the 1990s Internet heyday, companies are rushing to go public at the fastest pace in years to take advantage of booming share prices and investor demand while they last. In the first two months of this year, 42 companies went public in the U.S., raising $8.3 billion and tying 2007 for the busiest start to a year for initial public offerings since 2000, when there were 77 in the period, according to Dealogic. In 2013, by comparison—itself a strong year for IPOs—there were 20 such offerings in the first two months.
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The Six Hottest Tech Start-ups at SXSW
March 10, 2014 | Washington Post
Narrowed down from 48 on Saturday, 18 entrepreneurs pitched their startups to a panel of judges during the final round of the SXSW Accelerator. Connor Dickie, whose Canadian company won in the competition’s innovative world category, said in an interview following the event. “It shows people what we’re doing and where biotech is heading.” Skully Helmets of San Francisco, ThriveOn also of San Francisco, Trustev of Ireland and Rhode Island-based Waygo were other winners. Since SXSW competition debuted six years ago, 208 finalists have collectively raised more than $580 million in funding.
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Related:
In SXSW, Austin Startups See Opportunity
At Lavish SXSW Festival, Some Avoid Marketing Circus
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Silicon Valley Hears Echoes of 1999
March 8, 2014 | BusinessWeek
Not many executives have seen their companies double in value in one day. Peter Bardwick has seen it twice. Bardwick was chief financial officer of financial news site MarketWatch when it started initial trading on Jan. 15, 1999, at $17 a share. By day’s end it hit $97.50, for a market value exceeding $1 billion. Fourteen years later, on Sept. 20, 2013, Bardwick watched its stock almost double in value on its first day of trading. Amid such Day One stock pops, high valuations, and buoyant equity markets, warnings of an asset bubble are again echoing across Silicon Valley
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