It's been hinted at time and again that MBAs don't quite measure up to engineering degrees in the startup world. Now there's data to back up that claim.
In a report out by Identified, a startup that pulls Facebook data to track employment trends, the difference isn't seen in the undergrad degrees. The spit happens in graduate school.
The round valued the New York-based company, which helps businesses manage local listings and ad campaigns across the web, at $525 million. CEO Howard Lerman told Business Insider then that his company has more than 300,000 customers. Its revenue grew 62% last year, from $34 million in 2013 to more than $55 million in 2014.
Next week, a Boston-based tech company called HubSpot plans to raise ~$100 million in an inital public offering on the New York stock exchange. Hubspot is a software-as-a-service company, which means it makes software that companies subscribe to, rather than simply buy and install. The software it makes is marketing software for small to medium-sized business.
At only 27-years-old, Tracy Chou, has established herself as one of the top engineers in Silicon Valley.Chou “can now do with a line of code what a master brain surgeon can do with a rongeur,” Nathan Heller writes inVogue.But her fate as a star programmer was not sealed from the beginning.
“Business schools are a legacy industry that is trying to adapt to a digital world.” That is a quotation from Douglas M. Stayman, associate dean of Cornell Tech in New York, summing up an article published today.The challenge business schools face is a sign of the broader test of leadership and management across industry.
This week we're taking a look at the new Lenovo LaVie Z set of notebooks - we had a peek at the HZ550, now we're checking out the Convertible HZ750, the Ultrabook of the two. These two devices are VERY similar to one another, but this one, the HZ750 is the more powerful of the two. This device is what Lenovo suggests is the world's lightest 13.3-inch Ultrabook at just 2.
calculated daily company returns for each CEO from the first day that he or she took office through April 30, 2014.the increasingly controversial degree Some fascinating trends emerged. MBAs are still a badge of honor — 29 of the top 100 have the increasingly controversial degree . Engineers make good bosses, as shown by the fact that 24 have an undergrad or grad degree in engineering.
Facebook’s mobile ad revenue is growing at an astonishing rate and it’s showing no sign of let-up. For a company that admitted in its 2012 IPO filing it did not “generate any meaningful revenue” from its mobile products , Facebook has truly pivoted. We already know that in 2013 45% of Facebook’s $6.99 billion in full-year ad revenue was derived from mobile ads.
It's been a great year of returns for Yahoo's investments. On Friday, the company nabbed another windfall when its spinout, Hortonworks, became a public company . Yahoo retained a 17%-plus stake (7,572,174 shares), according to forms filed with the SEC . The stock is trading at about $25 on Monday, well above the initial $16 IPO price, and is worth $189 million.
was reportedly given access to Uber's rider database While researching for a story about the company, San Francisco magazine editor Ellen Cushingwas allegedly warned by Uber employees that Uber might look at her rider logs, too. And then there was more troubling privacy news: An Uber interview candidate in Washington, D.C.
Earlier this year,Tinderco-founder Whitney Wolfe left the company after launching asexual harassment lawsuitagainst her colleagues. One of the allegations leveled was that co-founder Justin Mateen stripped her of her credit because her age and gender would harm the company's brand.
Facebook has long been a place to go online to get a brief respite from your digital work for a look at baby photos, friends’ status updates or anything other than a computer screen filled with Excel spreadsheets.Soon, Facebook will want you to take your work there, too.
Etsy, yes that marketplace for handcrafted and bespoke goods, plans to raise money not by selling custom crocheted rabbit hats or bohemian jewelry, but by doing an initial public offering. The Brooklyn company has just filed anS-1 format the US Securities and Exchange Commission, where it revealed some numbers that give us a glimpse into how the company's doing. It apparently has 1.
One of the most profound changes in the investment landscape over the past 15 years has been the loss of a once-vibrant IPO market.But knowing how it will end is different than knowing when it will end, and no one knows the answer to that.In the meantime — before it ends — fortunes and careers will be made.
Facebook just made major progress in its plans to build a whole new kind of computer network. This news should be making Cisco very antsy. On Tuesday, Facebook's vice president of infrastructure, Jason Taylor,made several announcements at the Open Compute Project Summit in San Jose spelling out how the company could topple Cisco’s dominance of the $23 billion Ethernet switch market. He said: 1.
Fitbit, the company that makes wearable fitness trackers, plans to IPO in 2015, Serena Saitto and Leslie Picker of Bloomberg report . The company will reportedly have Morgan Stanley lead the offering, which could raise about $150 million, according to Bloomberg's sources. Since it was founded in 2007, Fitbit has raised $66 million total , most recently through a $43 Series D round in August 2013.
Rivers also worked on Nuova Systems, one of Cisco's legendary "spin-ins." That was the team that made Cisco's server product, which is selling well against HP's servers.Cisco seems intent these days on taking downArista Networks ,an upstart rival founded by a bunch of ex-Cisco execs. But there's another startup founded by a different bunch ex-Cisco people that could soon become a bigger threat.