JOBS Act crowdfunding is unlikely to help most startups

Earlier this year I wrote a series of columns about crowdfunding and the JOBS Act, which was signed into law last April with several goals, one of which was to help startups raise money from ordinary investors. Those columns were about the promise of crowdfunding and the JOBS Act while this one is about what progress has been made so far toward that end. For startups, alas, the news is not entirely good. Crowdfunding looks like it may not be available at all for the smaller, needier companies the law was supposedly designed to serve.

It’s one thing to pass a law and quite another to write rules to carry out that law. Title 3 […]

The nanotech replicators are coming!

 
That’s physicist Michio Kaku talking about the upsides, downsides, insides and outsides of having a replicator like on Star Trek to make anything we’d ever need or want. It’s a compelling vision and he’s right that its implications go far beyond the economic to include cultural, social, even psychological. Kaku says it’s possible to make such a device and suggests we’ll have it in 100 years.

I say we’ll have it in 20.

A longtime friend of mine has significant pieces of a replicator functioning in his lab right now. He’s no mad scientist but a respected engineer who is known for his broad technical interests. Right now he can’t make you a mug of Earl Grey […]

Ad networks are killing the Internet. My answer is Cringely 3.0

One of my predictions back in January was that there would be no more predictions from me — that I would retire or otherwise significantly change what I do in this space at some point during the year. Well that point — the first of several, actually — is almost here. If my PBS blog was Cringely 1.0 and this space has been Cringely 2.0, get ready for Cringely 3.0, which will start subtly in a couple weeks with a change in how I use advertising on this rag.

We read a lot about how newspapers and magazines are dying at the hands of the Internet but there is hardly anything written about how […]

Want a cheap room in Phoenix? Apple cancels competing event

As anyone with a heartbeat knows, Apple has a product event coming on Tuesday the 23rd in San Jose at which we’ll certainly see the iPad Mini, perhaps a new MacBook Pro, and maybe some new iMacs. But whatever is being introduced I think it’s fair to say that the event is still in flux, because Apple late Wednesday canceled another corporate event in Arizona scheduled for the same time, this one at The Phoenician resort.

Apple booked the entire hotel (600+ rooms) for Sunday through Wednesday. Their setup people were on site Tuesday. Late Wednesday, as setup was nearing completion, Apple told the resort that they “wanted all of their managers to be on site in their stores […]

Is the U.S. Startup Economy Failing?

As I’ve written here many times before, small companies and especially new companies are what create nearly all of the net new jobs in America, yet a new study released last week by the Hudson Institute suggests the rate of job formation by new firms is down dramatically in recent years, from an average of 11 new startup jobs per 1000 workers at a peak in 2006 down to 7.8 new startup jobs per 1000 workers in 2011 — a 29 percent decline.  So is the startup economy losing its oomph and should we be worried? No the startup economy isn’t losing its oomph but yes, it’s time […]