By guest authors Irina Patterson and Candice Arnold Irina: Where do you think entrepreneurs could acquire business skills for building and developing their companies? Jim: There are lots of organizations. I’m in the Philadelphia area, and the purpose of many organizations here, universities and incubators that run entrepreneurship courses, is to try to help people
By guest authors Irina Patterson and Candice Arnold Jim: There’re probably 600 or 700 federal laboratories, and as I said, their annual research budget is $150 billion. As part of that, there are a number of laws on the books that require the federal laboratories to transfer technology into the commercial, private sector. There are
By guest authors Irina Patterson and Candice Arnold Jim: So, as I was saying, “the valley of death” [for a technology startup company] is the place between, roughly, the $100,000 that you can raise on your own and maybe the $2.5 million or $3 million, which is the level at which a venture capital firm