Innovation Toronto

photo credit: Maryam S.
We left the following note on the Obama for President website:
While I am not an American, I have an idea that Mr. Obama might consider . . .
What if?
Mr. Obama takes public financing for the campaign.
Then
Directs supporters to direct their “campaign donations” to fund 1 public project on the ground in [...]

photo credit: esteban
In an ominous sign for Silicon Valley’s entrepreneurial machine, venture capital firms are cutting back on their investments in companies at their earliest stage of development and being forced to provide extra financing for later-stage companies that can’t leave the nest and go public.
Overall, venture capital investment remained flat at about $7.4 [...]

Two superior books on a popular subject
INNOVATION has become a popular subject on the business bookshelf over the past few years. But few of the new titles have offered much in the way of vision, insight or practical guidance. Two recent works—Charles Leadbeater’s “We-Think” (Profile Books) and “The New Age of Innovation”, by C.K Prahalad [...]

There were no venture-backed IPOs in the second quarter, and M&A deals are down. The last time there were no VC-backed IPOs in a quarter was in 1978. The liquidity drought for venture-backed startups is so bleak that the National Venture Capital Association is calling it a “crisis.” Last quarter there were only 5 IPOs [...]

photo credit: uncleboatshoes
Personal flying machines will be a reality, home computer and electric car pioneer Sir Clive Sinclair has said.
He told BBC Radio 4’s iPM programme that soon it would be “economically and technically possible” to create flying cars for individuals.
Sir Clive is best-known for the Spectrum computer and his failed electric car effort, [...]