The Washington Post's channel on innovations. For us, it's all about what's next.
An astronaut, software engineer, college president and student walk into the White House…and they’re all women.
It’s not a joke. At least it wasn’t Tuesday morning when The White House Council on Women and Girls held a gathering in the Eisenhower Executive Office Building focusing on girls in the science, engineering, technology and mathematics fields.
“My prediction is that, by the end of this decade, we will see some Mark Zuckerbergs emerging from the slums of Sao Paulo or New Delhi, India or Valparaiso, Chile. Why, you ask? Because entrepreneurs are doing what governments can’t—creating innovation ecosystems.” - Vivek Wadhwa
How many children never had an opportunity to make their impact on the world, as Zuckerberg was able to, simply because they drew the short stick in the lottery of life? And what can be done to build a more equitable world that ensures no matter where a child is born, she is able to reach her full potential?
The Facebook IPO will become the new standard for other Internet players trying to go public before the IPO window slams shut. If you’re a young Internet CEO — even if you’re directly competing with Zuckerberg — it might be worth it to wish for a big Facebook IPO this spring.
Not long ago, the act of “copying” a product nearly feature-for-feature would have been taken as a sign of innovation inferiority. After all, the conventional wisdom is that only the Chinese produce cheap Internet knockoffs, while real Silicon Valley companies design products from scratch. All of those hot new Chinese Internet companies like Weibo — aren’t they just Twitter, Facebook and Amazon copycats?
When Google went public in 2004, the company was valued at $23 billion, while Netscape was valued at $2.9 billion when it went public back in 1995. Viewed from this perspective, the Facebook IPO deal feels like the defining moment of an era, perhaps the last great IPO of the current Internet boom.
All of this raises an interesting question: Which Internet company, if any, could possibly become “the next Facebook”?
Teenage patients often ask Megan Moreno, assistant professor of pediatrics at University of Wisconsin, if they have to drink alcohol when they go to college. These patients are often not yet aware of the dangers of alcohol addiction among college students, she said.