entrepreneurship

Elon Musk: Gas should cost $10 per gallon

NEW YORK--"I'm anti-tax, but I'm pro-carbon tax," Tesla Motors founder Elon Musk said onstage at the Wired Business Conference here Monday--a remark that prompted interviewer and Wired editor-in-chief Chris Anderson to quip that he was a "true Silicon Valley libertarian."

Gasoline "should probably be $10" per gallon, said onetime PayPal co-founder Musk, who is also attempting to make sending satellites into space cheaper with a start-up called SpaceX. "I'm not paying for the true cost of gasoline at the pump...since nobody's explicitly paying for the CO2 capacity … Read more

Wired magazine's pitch to New York

NEW YORK--As he kicked off the Wired Business Conference on Monday, Wired magazine's editor in chief, Chris Anderson, started talking about Jell-O.

Anderson was explaining the thesis of his forthcoming book, "Free," about the realities of making a profit and building a business in an environment rife with digital goods that can be replicated at almost no cost. The Jell-O angle came from an anecdote that detailed how, in the late 1800s, the manufacturers of the then-bizarre dessert got the word out about it by distributing free Jell-O recipe books around the United States.

"Giving away … Read more

Ksplice wins $100,000 in MIT start-up contest

A group of MIT graduates has shown that life after college can be rewarding.

Ksplice, a start-up venture run by a team of MIT alumni, has taken home the $100,000 grand prize in the MIT $100K Entrepreneurship Competition. The award was handed on at a ceremony held Wednesday night at MIT's campus in Cambridge, Mass.

Ksplice beat out five other technology start-ups in its category to win the competition with its own innovative product. The company's technology lets computer users install software updates while other programs are running, eliminating the need for the dreaded reboot.

"You … Read more

Business, Ethics, Barcelona: Doing Good When You're Not Doing So Well

I just returned from Barcelona (where every tourist now seems to be tracking the path of Woody Allen's Vicky and Christina...), attending a few sessions of the Doing Good and Doing Well Conference organized by IESE Business School and Net Impact, an organization that connects MBA students interested in social responsibility.

That a leading business school is dedicating an entire student-run conference to the topic of responsible business is remarkable (HEC Paris will do the same soon in May, also in collaboration with Net Impact) but not an isolated phenomenon. In the past few years, several top business schools, … Read more

O'Reilly: Stop throwing sheep, do something worthy

NEW YORK--Tim O'Reilly, founder of O'Reilly Media, is known as a futurist, but his keynote address on Thursday morning at the Web 2.0 Expo was heavy on the realism in the wake of sobering news from Wall Street.

"(These are) pretty depressing times in a lot of ways," O'Reilly said in an address that first had looked like it would simply be a starry-eyed discussion of enterprise opportunities for Web 2.0. "And you have to conclude, if you look at the focus of a lot of what you call 'Web 2.0,' … Read more

BigCarrot: On-demand innovation

One way to build a product is to take the idea for it, and go out and try to get someone to fund its development. That's the philosophy the venture capital economy is based on. But ideas and money can flow in different directions. Prizes, for example, can fuel amazing innovation. In this development model, a bucket of money is set aside to fund a goal, and the first team to achieve the goal gets the money. The X Prize suborbital flight--funded by an insurance bond--is the currently-famous example of this. Also, Charles Lindbergh flew across the Atlantic … Read more

Collaborative competition: sport for a better world

Here's an innovative approach to facilitating social innovation: a "collaborative competition" leveraging sports.

Ashoka's Changemakers and Nike have partnered to open a worldwide search for projects that use the transformative power of sport to promote social change. Ashoka is a citizen-sector support system for social entrepreneurs. Changemakers is building the world's first global online "open source" community competing to surface the best social solutions, and then collaborating to refine, enrich, and implement those solutions.

Changemakers invited users worldwide to submit innovations to what it calls a "collaborative competition" -- an "… Read more

A new startup to rise from the JBoss ranks

A new startup is set to spin from the ranks of JBoss. I'd give you the URL but then you could track down the host and spoil their plans. I'll post it later, closer to the official launch.

For now I'll just say that the JBoss crew is truly entrepreneurial. We need more open sourcerors building great companies...and then more great companies. Marc Fleury clearly hired the right sort of people, as they've been very fecund (starting or joining Loopfuse, Buni, Appcelerator, Alfresco, SpringSource, MuleSource, Xaware, and others).

Red Hat and Novell have built great … Read more

Design (thinker) hubris?

In an article for In These Times magazine, Alix Rule injects some fresh thinking into the realm of "design thinking," which has traditionally been mainly affiliated with parties like Bruce Nussbaum, associate editor of BusinessWeek, and the Hasso Plattner Institute of Design at Stanford (also known as the d-school). Rule is skeptical about design thinkers' self-acclaimed world-changing mandate: "As we look beyond housing solutions to urban poverty, good design is enjoying a second coming as the cure for what ails us." She feels that designers overburden themselves with these universal goals, and she asks for realism … Read more