Om Prakash Malik is an Indian-American web and technology writer. He is the founder and a former senior writer for GigaOM, he is now a partner at True Ventures. Malik was born in New Delhi, he graduated from St. Stephens' College with an honors degree in chemistry. Malik started out as a young writer in India, working with Delhi-based Newsmen Features, where he specialised in lifestyle features, he moved to New York City in 1993 to be a writer for India Abroad and for Forbes. He was a senior writer for Red Herring, focusing on the telecommunications sector, became a senior writer there. In late 1994, he launched an events site for Indian immigrants; that same year, he co-founded the South Asian Journalists Association. In 1995 he helped launch the now-defunct magazine and its website Masala.com, a South Asian portal. In 1997, Malik was on the original team at Forbes.com led by David Churbuck. In 1999 he left Forbes.com to work in the venture capital world, serving as an investment manager at Hambrecht & Quist Asia Pacific.
In 2000, he moved to San Francisco. In 2001, he started a blog published by GigaOmniMedia, Inc. in San Francisco. The website had a monthly global audience of over 500,000, was among the top 50 blogs worldwide by Technorati rank. and was part of CNet's 100 Most Influential Blogs. His first book, Broadbandits: Inside the $750 Billion Telecom Heist, was released on May 15, 2003. Malik's writings have appeared in newspapers and magazines such as The Wall Street Journal and Crain's New York Business. Malik announced on June 12, 2006, that he was going to work on GigaOM full-time, although he continued to be a contributing editor and had a regular column in Business 2.0 until its demise in October 2007. In addition to GigaOM, he wrote for the blogs Web Worker Daily and Tablatronic. From July 2007 to March 2008, Malik hosted the podcast The GigaOm Show on Revision3 with Joyce Kim, which focused on technology and business, he ended the podcast to focus on other things, among them his health. Malik was a frequent guest on the former CrankyGeeks podcast with John C.
Dvorak. Malik left GigaOM in January 2014. In March 2015, the company ceased operations. In August 2015, the blog resumed under different ownership. TechCrunch Mukherjee, Arindam. "'Proliferation of visual sensors is extreme'". Interview. Outlook. 55: 140. Retrieved 2016-01-07. Om's Personal Blog Interview with Sramana Mitra NYT article about bloggers, including Om Tech Blog GigaOm Abruptly Shuts Down GigaOm Was Universally Respected. Too Bad Respect Doesn’t Pay the Bills
Sir Michael Jonathan Moritz is a British venture capitalist and former journalist, born in Wales. Moritz works for Sequoia Capital and is a philanthropist and author of the first history of Apple Inc; the Little Kingdom, of Going for Broke: Lee Iacocca's Battle to Save Chrysler. Moritz was a staff writer at Time magazine and a member of the board of directors of Google, he studied at the University of Oxford and the Wharton School of the University of Pennsylvania and went on to found Technologic Partners before becoming a venture capitalist in the 1980s. Moritz was named as the No. 1 venture capitalist on the Forbes Midas List in 2006 and 2007. Michael Jonathan Moritz was born to a Jewish family in Cardiff, Wales on 12 September 1954, his father, Ludwig Alfred Moritz, was a German Jew. His mother, Doris fled Nazi Germany. Moritz attended Howardian High School in Cardiff. Moritz earned a Bachelor of Arts in history at Christ Church, in 1978, a Master of Business Administration from the Wharton School of the University of Pennsylvania as a Thouron Scholar.
Moritz first worked for many years as a journalist. In the early 1980s, when he was a reporter for Time, Steve Jobs contracted him to document the development of the Mac for a book he was writing about Apple. According to Andy Hertzfeld, in response to the fact that a history of another computer company had been published a year earlier, Jobs said, "Mike's going to be our historian"; as he was close in age to many on the development team, he seemed to be a good choice. By late 1982, Moritz was Time's San Francisco Bureau Chief and working on the special Time Person of the Year issue, supposed to be about Jobs, his research included a lengthy interview with Jobs' high school girlfriend, Chrisann Brennan, in which she discussed the history of their child, Lisa. Moritz's follow up interview with Jobs on the subject led to denial of paternity on his part; the issue contained negative commentary on Jobs from other Apple employees. The special issue was renamed Machine of the Year prior to publication, celebrated The Computer and declared that, "it would have been possible to single out as Man of the Year one of the engineers or entrepreneurs who masterminded this technological revolution, but no one person has dominated those turbulent events.
More important, such a selection would obscure the main point. TIME's Man of the Year for 1982, the greatest influence for good or evil, is not a man at all, it is a machine: the computer." Jobs cut off all ties with Moritz after the issue was published and threatened to fire anyone who communicated with him. According to Hertzfeld, "some of us talked with Mike again surreptitiously, as he was putting the finishing touches on his book around the time of the Mac introduction" and the resulting text, The Little Kingdom: the Private Story of Apple Computer, "remains one of the best books about Apple Computer written". In 2009, 25 years after The Little Kingdom, Moritz published a revised and expanded follow-up: Return to the Little Kingdom: How Apple and Steve Jobs Changed the World. In the prologue to Return to the Little Kingdom, Moritz states that he was as incensed as Jobs was about the Time Magazine special issue: Steve rightly took umbrage over his portrayal and what he saw as a grotesque betrayal of confidences, while I was distraught by the way in which material I had arduously gathered for a book about Apple was siphoned and poisoned with a gossipy benzene by an editor in New York whose regular task was to chronicle the wayward world of rock-and-roll music.
Steve made no secret of his anger and left a torrent of messages on the answering machine I kept in my converted earthquake cottage at the foot of San Francisco’s Potrero Hill. He, banished me from Apple and forbade anyone in his orbit to talk to me; the experience made me decide that I would never again work anywhere I could not exert a large amount of control over my own destiny or where I would be paid by the word. I finished my leave published my book, The Little Kingdom: The Private Story of Apple Computer, which I felt, unlike the unfortunate magazine article, presented a balanced portrait of the young Steve Jobs. In 1986, he joined Sequoia Capital after co-authoring Going for Broke: The Chrysler Story with Barrett Seaman, Time's Detroit bureau chief. After leaving Time, Moritz co-founded Technologic Partners, a technology newsletter and conference company, his internet company investments include Google, Yahoo!, PayPal, YouTube, eToys, Zappos. He sits on the boards of. Moritz served on the boards of A123 Systems, Aricent Group, Atom Entertainment, CenterRun, eGroups, Google, ITA Software, PayPal, Pure Digital, Saba Software, Yahoo!, Zappos.
Google was one of several co-investments with John Doerr of rival venture capital firm Kleiner Perkins Caufield & Byers, the initial public offering of the company in 2004 made him one of Wales' richest men. His investment in Google helped him achieve the number one listing in Forbes' "Midas List" of the top dealmakers in the technology industry in 2006 and 2007, a place on the 2007 "TIME 100", he ranked number 2 on the Midas List for 2008 and 2009. In July 2010, Moritz was awarded an honorary fellowship from Cardiff University, where his father Alfred had been Vice-Principal and Professor of Classics. In July 2014 he was honoured as a Fellow of Aberystwyth University. In November 2014, Moritz was awarded an honorary doctorate from the Hong Kong Univers
San Francisco the City and County of San Francisco, is the cultural and financial center of Northern California. San Francisco is the 13th-most populous city in the United States, the fourth-most populous in California, with 884,363 residents as of 2017, it covers an area of about 46.89 square miles at the north end of the San Francisco Peninsula in the San Francisco Bay Area, making it the second-most densely populated large US city, the fifth-most densely populated U. S. county, behind only four of the five New York City boroughs. San Francisco is part of the fifth-most populous primary statistical area in the United States, the San Jose–San Francisco–Oakland, CA Combined Statistical Area; as of 2017, it was the seventh-highest income county in the United States, with a per capita personal income of $119,868. As of 2015, San Francisco proper had a GDP of $154.2 billion, a GDP per capita of $177,968. The San Francisco CSA was the country's third-largest urban economy as of 2017, with a GDP of $907 billion.
Of the 500+ primary statistical areas in the US, the San Francisco CSA had among the highest GDP per capita in 2017, at $93,938. San Francisco was ranked 14th in the world and third in the United States on the Global Financial Centres Index as of September 2018. San Francisco was founded on June 29, 1776, when colonists from Spain established Presidio of San Francisco at the Golden Gate and Mission San Francisco de Asís a few miles away, all named for St. Francis of Assisi; the California Gold Rush of 1849 brought rapid growth, making it the largest city on the West Coast at the time. San Francisco became a consolidated city-county in 1856. San Francisco's status as the West Coast's largest city peaked between 1870 and 1900, when around 25% of California's population resided in the city proper. After three-quarters of the city was destroyed by the 1906 earthquake and fire, San Francisco was rebuilt, hosting the Panama-Pacific International Exposition nine years later. In World War II, San Francisco was a major port of embarkation for service members shipping out to the Pacific Theater.
It became the birthplace of the United Nations in 1945. After the war, the confluence of returning servicemen, significant immigration, liberalizing attitudes, along with the rise of the "hippie" counterculture, the Sexual Revolution, the Peace Movement growing from opposition to United States involvement in the Vietnam War, other factors led to the Summer of Love and the gay rights movement, cementing San Francisco as a center of liberal activism in the United States. Politically, the city votes along liberal Democratic Party lines. A popular tourist destination, San Francisco is known for its cool summers, steep rolling hills, eclectic mix of architecture, landmarks, including the Golden Gate Bridge, cable cars, the former Alcatraz Federal Penitentiary, Fisherman's Wharf, its Chinatown district. San Francisco is the headquarters of five major banking institutions and various other companies such as Levi Strauss & Co. Gap Inc. Fitbit, Salesforce.com, Reddit, Inc. Dolby, Weebly, Pacific Gas and Electric Company, Pinterest, Uber, Mozilla, Wikimedia Foundation and Weather Underground.
It is home to a number of educational and cultural institutions, such as the University of San Francisco, University of California, San Francisco, San Francisco State University, the De Young Museum, the San Francisco Museum of Modern Art, the California Academy of Sciences. As of 2019, San Francisco is the highest rated American city on world liveability rankings; the earliest archaeological evidence of human habitation of the territory of the city of San Francisco dates to 3000 BC. The Yelamu group of the Ohlone people resided in a few small villages when an overland Spanish exploration party, led by Don Gaspar de Portolà, arrived on November 2, 1769, the first documented European visit to San Francisco Bay. Seven years on March 28, 1776, the Spanish established the Presidio of San Francisco, followed by a mission, Mission San Francisco de Asís, established by the Spanish explorer Juan Bautista de Anza. Upon independence from Spain in 1821, the area became part of Mexico. Under Mexican rule, the mission system ended, its lands became privatized.
In 1835, Englishman William Richardson erected the first independent homestead, near a boat anchorage around what is today Portsmouth Square. Together with Alcalde Francisco de Haro, he laid out a street plan for the expanded settlement, the town, named Yerba Buena, began to attract American settlers. Commodore John D. Sloat claimed California for the United States on July 7, 1846, during the Mexican–American War, Captain John B. Montgomery arrived to claim Yerba Buena two days later. Yerba Buena was renamed San Francisco on January 30 of the next year, Mexico ceded the territory to the United States at the end of the war. Despite its attractive location as a port and naval base, San Francisco was still a small settlement with inhospitable geography; the California Gold Rush brought a flood of treasure seekers. With their sourdough bread in tow, prospectors accumulated in San Francisco over rival Benicia, raising the population from 1,000 in 1848 to 25,000 by December 1849; the promise of great wealth was so strong that crews on arriving vessels deserted and rushed off to the gold fields, leaving behind a forest of masts in San Francisco harbor.
Some of these 500 abandoned ships were used at times as storeships and hotels.
California is a state in the Pacific Region of the United States. With 39.6 million residents, California is the most populous U. S. the third-largest by area. The state capital is Sacramento; the Greater Los Angeles Area and the San Francisco Bay Area are the nation's second and fifth most populous urban regions, with 18.7 million and 9.7 million residents respectively. Los Angeles is California's most populous city, the country's second most populous, after New York City. California has the nation's most populous county, Los Angeles County, its largest county by area, San Bernardino County; the City and County of San Francisco is both the country's second-most densely populated major city after New York City and the fifth-most densely populated county, behind only four of the five New York City boroughs. California's $3.0 trillion economy is larger than that of any other state, larger than those of Texas and Florida combined, the largest sub-national economy in the world. If it were a country, California would be the 5th largest economy in the world, the 36th most populous as of 2017.
The Greater Los Angeles Area and the San Francisco Bay Area are the nation's second- and third-largest urban economies, after the New York metropolitan area. The San Francisco Bay Area PSA had the nation's highest GDP per capita in 2017 among large PSAs, is home to three of the world's ten largest companies by market capitalization and four of the world's ten richest people. California is considered a global trendsetter in popular culture, innovation and politics, it is considered the origin of the American film industry, the hippie counterculture, fast food, the Internet, the personal computer, among others. The San Francisco Bay Area and the Greater Los Angeles Area are seen as global centers of the technology and entertainment industries, respectively. California has a diverse economy: 58% of the state's economy is centered on finance, real estate services and professional, scientific and technical business services. Although it accounts for only 1.5% of the state's economy, California's agriculture industry has the highest output of any U.
S. state. California is bordered by Oregon to the north and Arizona to the east, the Mexican state of Baja California to the south; the state's diverse geography ranges from the Pacific Coast in the west to the Sierra Nevada mountain range in the east, from the redwood–Douglas fir forests in the northwest to the Mojave Desert in the southeast. The Central Valley, a major agricultural area, dominates the state's center. Although California is well-known for its warm Mediterranean climate, the large size of the state results in climates that vary from moist temperate rainforest in the north to arid desert in the interior, as well as snowy alpine in the mountains. Over time and wildfires have become more pervasive features. What is now California was first settled by various Native Californian tribes before being explored by a number of European expeditions during the 16th and 17th centuries; the Spanish Empire claimed it as part of Alta California in their New Spain colony. The area became a part of Mexico in 1821 following its successful war for independence but was ceded to the United States in 1848 after the Mexican–American War.
The western portion of Alta California was organized and admitted as the 31st state on September 9, 1850. The California Gold Rush starting in 1848 led to dramatic social and demographic changes, with large-scale emigration from the east and abroad with an accompanying economic boom; the word California referred to the Baja California Peninsula of Mexico. The name derived from the mythical island California in the fictional story of Queen Calafia, as recorded in a 1510 work The Adventures of Esplandián by Garci Rodríguez de Montalvo; this work was the fifth in a popular Spanish chivalric romance series that began with Amadis de Gaula. Queen Calafia's kingdom was said to be a remote land rich in gold and pearls, inhabited by beautiful black women who wore gold armor and lived like Amazons, as well as griffins and other strange beasts. In the fictional paradise, the ruler Queen Calafia fought alongside Muslims and her name may have been chosen to echo the title of a Muslim leader, the Caliph. It's possible.
Know ye that at the right hand of the Indies there is an island called California close to that part of the Terrestrial Paradise, inhabited by black women without a single man among them, they lived in the manner of Amazons. They were robust of body with great virtue; the island itself is one of the wildest in the world on account of the craggy rocks. Shortened forms of the state's name include CA, Cal. Calif. and US-CA. Settled by successive waves of arrivals during the last 10,000 years, California was one of the most culturally and linguistically diverse areas in pre-Columbian North America. Various estimates of the native population range from 100,000 to 300,000; the Indigenous peoples of California included more than 70 distinct groups of Native Americans, ranging from large, settled populations living on the coast to groups in the interior. California groups were diverse in their political organization with bands, villages, on the resource-rich coasts, large chiefdoms, such as the Chumash and Salinan.
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Entrepreneurship is the process of designing and running a new business, initially a small business. The people who create these businesses are called entrepreneurs. Entrepreneurship has been described as the "capacity and willingness to develop and manage a business venture along with any of its risks in order to make a profit". While definitions of entrepreneurship focus on the launching and running of businesses, due to the high risks involved in launching a start-up, a significant proportion of start-up businesses have to close due to "lack of funding, bad business decisions, an economic crisis, lack of market demand—or a combination of all of these. A broader definition of the term is sometimes used in the field of economics. In this usage, an Entrepreneur is an entity which has the ability to find and act upon opportunities to translate inventions or technology into new products: "The entrepreneur is able to recognize the commercial potential of the invention and organize the capital and other resources that turn an invention into a commercially viable innovation."
In this sense, the term "Entrepreneurship" captures innovative activities on the part of established firms, in addition to similar activities on the part of new businesses. Entrepreneurship is the act of being an entrepreneur, or "the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits". Entrepreneurs oversee the launch and growth of an enterprise. Entrepreneurship is the process by which either an individual or a team identifies a business opportunity and acquires and deploys the necessary resources required for its exploitation. Early-19th-century French economist Jean-Baptiste Say provided a broad definition of entrepreneurship, saying that it "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield". Entrepreneurs create something new, something different—they change or transmute values. Regardless of the firm size, big or small, they can partake in entrepreneurship opportunities; the opportunity to become an entrepreneur requires four criteria.
First, there must be situations to recombine resources to generate profit. Second, entrepreneurship requires differences between people, such as preferential access to certain individuals or the ability to recognize information about opportunities. Third, taking on risk is a necessity. Fourth, the entrepreneurial process requires the organization of resources; the entrepreneur is a factor in and the study of entrepreneurship reaches back to the work of Richard Cantillon and Adam Smith in the late 17th and early 18th centuries. However, entrepreneurship was ignored theoretically until the late 19th and early 20th centuries and empirically until a profound resurgence in business and economics since the late 1970s. In the 20th century, the understanding of entrepreneurship owes much to the work of economist Joseph Schumpeter in the 1930s and other Austrian economists such as Carl Menger, Ludwig von Mises and Friedrich von Hayek. According to Schumpeter, an entrepreneur is a person, willing and able to convert a new idea or invention into a successful innovation.
Entrepreneurship employs what Schumpeter called "the gale of creative destruction" to replace in whole or in part inferior innovations across markets and industries creating new products including new business models. In this way, creative destruction is responsible for the dynamism of industries and long-run economic growth; the supposition that entrepreneurship leads to economic growth is an interpretation of the residual in endogenous growth theory and as such is hotly debated in academic economics. An alternative description posited by Israel Kirzner suggests that the majority of innovations may be much more incremental improvements such as the replacement of paper with plastic in the making of drinking straws; the exploitation of entrepreneurial opportunities may include: Developing a business plan Hiring the human resources Acquiring financial and material resources Providing leadership Being responsible for both the venture's success or failure Risk aversionEconomist Joseph Schumpeter saw the role of the entrepreneur in the economy as "creative destruction" – launching innovations that destroy old industries while ushering in new industries and approaches.
For Schumpeter, the changes and "dynamic disequilibrium brought on by the innovating entrepreneur the norm of a healthy economy". While entrepreneurship is associated with new, for-profit start-ups, entrepreneurial behavior can be seen in small-, medium- and large-sized firms and established firms and in for-profit and not-for-profit organizations, including voluntary-sector groups, charitable organizations and government. Entrepreneurship may operate within an entrepreneurship ecosystem which includes: Government programs and services that promote entrepreneurship and support entrepreneurs and start-ups Non-governmental organizations such as small-business associations and organizations that offer advice and mentoring to entrepreneurs Small-business advocacy organizations that lobby governments for increased support for entrepreneurship programs and more small business-friendly laws and regulations Entrepreneurship resources and facilities Entrepreneurship education and training programs offered by schools and universities Financing In the 2000s, usage of the term "entrepreneurship" expanded to include how and why some individuals ide