In the News
April 14, 2014 - Moultrie News - Eight minutes for $10,000. That's three minutes to pitch your idea, five minutes to answer questions from the judges, and one shot at turning your startup into the next big thing in business. This is DIG South's Wild Pitch competition. The crowd begins to take their seats in the Charleston Music Hall, where earlier in the day SouthYeast Labs took home the top prize in Wild Pitch's student competition.
April 10, 2014 - Inc. - There's no shortage of documentaries that convey what it's like to be an entrepreneur. Which is a good thing because all too often entrepreneurs feel as if they're alone in their experience, or unaware of what it takes to succeed. Here's a roundup of upcoming small business-themed documentaries worth watching, if not for their festival buzz, then for their power to inspire. 1. Startupland The plot: Structured like a television miniseries, Startupland consists of five major plotlines that unfold over multiple episodes. The series focuses on five early-stage tech companies in Washington, D.C. that are enrolled in an accelerator and going through growing pains.
April 9, 2014 - Forbes - Four billionaires, including retail maven Tory Burch and LinkedIn's LNKD -2.48% Reid Hoffman, are among the 11 new ambassadors selected by President Barack Obama to help develop the next generation of entrepreneurs. Known as the Presidential Ambassadors for Global Entrepreneurship, these honorees will work closely with the Commerce Department, State Department and U.S. Agency for International Development (USAID) to help entrepreneurs launch and grow businesses. From technology elite (LinkedIn’s Reid Hoffman and AOL’s Steve Case) to scrappy young founders (Chobani’s Hamdi Ulukaya and fashion’s Tory Burch), these self-made billionaire ambassadors have years of entrepreneurial experience. And with an aggregate net worth of $7 billion, they certainly know how to build successful businesses.
April 7, 2014 - Inc. - Secretary of Commerce Penny Pritzker chaired the first-ever meeting of the Presidential Ambassadors for Global Entrepreneurship on Monday. The group, whose formation President Obama announced last October in Kuala Lumpur, Malaysia, is composed of leading U.S. entrepreneurs who will act in an advisory capacity with policy leaders around the globe. Their goal will be to help foster a culture of entrepreneurship, innovation, and the creation of startups at home and abroad.
April 7, 2014 - Bloomberg TV - Tory Burch CEO and Co-Founder Tory Burch and Revolution Chairman and CEO Steve Case discuss fostering entrepreneurship in the U.S. They speak with Trish Regan on Bloomberg Television’s “Street Smart.”
April 6, 2014 - The Motley Fool - To read the press accounts, the city of San Francisco is in the midst of a veritable civil war. On one side are the technology companies whose Web 2.0-fueled success has driven the city's unemployment rate to a staggeringly low 4.6%. On the other are many of the city's longtime residents worried about how San Francisco's transformation into a tech industry company town—an urban extension of Silicon Valley's sea of office parks—has turned a place that has long prided itself on inclusiveness into the gilded bastion of "the 1%."
April 4, 2014 - PandoDaily - As CEO and Chairman of AOL, Steve Case spearheaded the mainstream adoption of the internet across the US starting in the early 90’s. He left AOL in 2003 and employed his savvy in making startup investments, until in 2011 he made the jump from capital to Capitol. For the past three years he has been pounding the pavements in Washington, D.C, engaged in policy talks with lawmakers in his Obama-appointed roles in the Startup America Partnership and the President’s Council on Jobs and Competitiveness.
April 4, 2014 - Smashpipe Magazine - Ted Leonsis is the founder and chairman of Monumental Sports & Entertainment, which owns and operates three professional sports teams (Washington Capitals, Washington Wizards and Washington Mystics) and Verizon Center. He also serves on the board of governors for the NBA and NHL.
April 4, 2014 - Entrepreneur - Two years ago tomorrow, AOL co-founder Steve Case stood behind President Obama in the White House Rose Garden as the Jumpstart Our Business Startups Act -- or JOBS Act – was signed into law. Case was optimistic about the legislation then and he is optimistic about its potential, still. He admits, though, that there have been a few setbacks that are holding up innovators in this country. Part of what encouraged Case was the spotlight the legislation put on startups. The JOBS Act is a combination of six pieces of legislation designed to make it easier for small businesses to access capital. In particular, the law paved the way for startups -- particularly those startups outside of major angel investor circles like New York City and Silicon Valley -- to pursue alternate avenues of raising money.
April 4, 2014 - Washington Business Journal - Saturday marks the second anniversary of President Barack Obama signing the sweeping Jumpstart Our Business Startups (JOBS) Act into law. One of its most touted provisions, allowing equity-based crowd-funding for nonaccredited investors, remains stalled in regulatory rule-making. "It's time," said Steve Case, the former CEO of AOL and founder of District-based investment firm Revolution LLC, in an interview Friday. Case is among the most vocal JOBS Act advocates and, recently, one of the most vocal critics of the Securities and Exchange Commission slow-walking one of the law's central provisions, one that would boost a new kind of crowd-funding for startup companies.
April 03, 2014 - Wall Street Journal - Is it possible that a law passed by today's polarized Congress is actually working to strengthen our economy? New data show that the JOBS Act (Jumpstart Our Business Startups) is doing just that. The JOBS Act was enacted in early April 2012 thanks to a unique coalition: grass-roots entrepreneurs (especially from the tech community), House Republicans (notwithstanding their skepticism of President Obama ), a majority of Senate Democrats (notwithstanding their skepticism of House Republicans), and the White House. I was an outspoken proponent and spent countless hours persuading Hill Democrats and Republicans, and key staff at the White House, to ignore their distrust and come together. I stood behind the president and members of Congress as he signed the bill in the Rose Garden.
April 03, 2014 - Upstart Business Journal - If you think Silicon Valley is the only entrepreneurship game around, have a chat with Steve Case, venture capitalist and co-founder of AOL. Case, on stage at the live-streamed Google for Entrepreneurs event Wednesday in the Valley, says 80 percent of his investing at venture capital firm Revolution is about "the rise of the rest." In other words? It happens outside Silicon Valley.