“My name is Keivan Shahida. I’m from New York, and I wanted to attend Cornell because I was looking for schools with strong Computer Science programs. I wasn’t looking for just that, as I was also interested in schools that had a strong focus in entrepreneurship and where those programs were really growing -- because in high school one of the things I was introduced to that I really enjoyed was product development: building apps (mobile app, web app, or a physical product). I always thought that was super interesting, so I wanted to go to a school where it wasn’t just theory. I wanted a school where it was actually applied as well.”
For many, 2018 was a wake-up call for the threat that climate change poses to human safety. Countless natural disasters hit hard, from Hurricane Michael in October to the disastrous California Camp fire in November, the deadliest wildfire ever recorded in the state. According to the National Oceanic and Atmospheric Administration (NOAA), the estimated total damage from all U.S. natural disasters came out to around $91 billion in 2018. 2017, meanwhile, was the costliest year ever for climate-related disasters around the globe, according to the United Nations; the NOAA estimate for damages in 2017 hit $306 billion.
If you were to stand on a street corner in the 1970s and shout about how the United States never actually landed on the moon but instead pulled off the most elaborate scheme in history, you probably wouldn’t attract a large crowd. But if you were to do the same thing in 2019 using social media, you would have the ability to spread the exact same rhetoric to a larger group of people, increasing the audience that would have to decide whether to ignore your message or investigate it further. The spread of misinformation on social media is just one reason why there has been a dramatic decline in overall trust towards these giant corporations. The oversaturation of content, growing alienation of users, and constant overreach into personal data have also contributed to this distrustful sentiment. It is clear now that social media companies must make significant changes to their strategies in order to avoid losing many of their users permanently.
Wireless connectivity is finally getting an upgrade. After years of planning and development, 5G connectivity has started to become a reality. Once fully operational and implemented on a wide scale, this new form of connectivity will allow for far greater data transfer speeds across all mobile devices, transform the use of current technologies, and spur technological innovation. Several emerging industries, including driverless cars, virtual reality (VR), and augmented reality (AR), are expected to greatly benefit from the steep increase in data transfer speeds.
“Being the accountable official for critical IT infrastructure and support services in various organizations for nearly three decades has shaped my management style in many ways. First, I have learned to take a risk-based management approach to most tasks and initiatives—prioritizing those that would have the most impact to the organization. As a technology partner, as well as a service provider, there is always a disproportionate amount of demand versus resources to accomplish the work. I have learned over time that, through building strong coalitions based on common goals and objectives at the enterprise level, and effective influencing to gain consensus on priorities, everyone’s needs can be met—just not all at once.”
Every two or three Wednesdays, twenty students gather in Collegetown’s eHub. Among these are a computer scientist specializing in computer vision and artificial intelligence, a Ph.D. student researching animal science, a fashion-minded materials science student pursuing a master’s degree, and an electrical and computer engineer. The youngest are Cornell undergraduate students, while others are seasoned Ph.D. students well into their 20s.
Synergies: the buzzword reverberating across every corner of the business community whenever a new merger or acquisition comes down the pipe. Yet amid the buzz, the harmful effects of mergers and acquisitions (M&A) on industry are often ignored. Each M&A deal professes that the newlywed companies will together produce synergies, ultimately creating value for shareholders without harming consumers.
When considering data from Startup Genome indicating that 90% of startups fail due to any number of internal complications, we are better able to relish those that succeed. More importantly, we should learn, study, and analyze these startups to gain a better understanding of the different paths that lead to entrepreneurial success and attempt to shed light on what patterns these paths share. Since success can be found in diverse forms and stages, chronicling the stories of different categories of startups will be crucial to this analysis. Therefore, I will take an in-depth look at three types of companies in different phases of their respective lifecycles.
In 2013, Colombia’s incumbent president, Iván Duque Márquez, co-wrote The Orange Economy: An Infinite Opportunity, an economic manual that advocates for the development of creative and cultural industries (CCIs). Duque uses the term “Orange Economy” to refer to CCIs as a whole. He attributes the necessity of the term to the ambiguity that has existed when discussing CCIs due to the copious number of redundant labels with similar meanings—such as leisure industries, cultural economies, and so forth. The new term solves this problem by taking all of these labels and sectors and “squeezing” them together like an orange into the compact title of “Orange Economy.”
Imagine a company that, within 24 years, is the second U.S. company to have briefly met the $1 trillion market cap threshold, is founded by the richest man in the world with a $131 billion net worth, is the second largest employer in the U.S., and is the biggest e-commerce marketplace and cloud computing platform in the world. Amazon’s extraordinary path from an online bookstore in Jeff Bezos’s garage to an empire of online retail and cloud computing exemplifies the success of a small startup with a visionary mission.