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Forget Facebook! Meet 12 investors on the hunt for the next Microsoft

Forget Facebook! Meet 12 investors on the hunt for the next Microsoft | Business News & Finance | Scoop.it

Smart investors are betting big on business technology.
Sure, all the buzz goes to consumer-focused companies like Facebook and Zynga. But while those companies’ post-IPO performance has been tepid at best, enterprise startups have been quietly kicking ass.
In 2012 alone, acquisitions in the billion-dollar range include Meraki (acquired by Cisco), Yammer (acquired by Microsoft), and Quest (acquired by Dell). In addition, SAP closed its $3.4 billion acquisition of SuccessFactors, and human resources software maker Workday held a stellar IPO.
The investors behind these and other enterprise startups are a different breed: Not as flashy and more technically savvy than the average venture capitalist.
These investors are looking for small startups that are trying to sell innovative technology to the world’s largest organizations. The best of them have a real shot at knocking out giant incumbents like Microsoft, SAP, and Oracle, and winning billions of dollars in revenue.
As one of them, investor Ping Li, put it, startups are winning because they are creating “Apple-like experiences for business users.”
But how do you get the attention of enterprise investors? (And how do you compete with them?) You’ve got to start by knowing what makes each of them tick.

 

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'Hidden Cash' Came to a Quiet California Wildlife Park — Here's What Happened When 800 People Left

'Hidden Cash' Came to a Quiet California Wildlife Park — Here's What Happened When 800 People Left | Business News & Finance | Scoop.it
Good intentions gone wrong: Popular game/Twitter account/social experiment Hidden Cash left money in a park in Whittier, Calif., and a horde of money-hungry locals went whole hog trying to find the bills, tearing apart much of the park in the process. A Reddit user snapped photos of the aftermath, saying about 800 people showed up to find the money. The results weren't pretty.
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Walmart planned for endangered forest lands in South Florida - Miami-Dade - MiamiHerald.com

Walmart planned for endangered forest lands in South Florida - Miami-Dade - MiamiHerald.com | Business News & Finance | Scoop.it
One of the world’s rarest forests, a section of Miami-Dade County’s last intact tracts of endangered pine rockland, is getting a new resident: a Walmart. About 88 acres of rockland, a globally imperiled habitat containing a menagerie of plants, animals and insects found no place else, was sold this month by the University of Miami to a Palm Beach County developer. To secure permission for the 185,000-square-foot box store, plus an LA Fitness, a Chik-fil-A, a Chili’s and about 900 apartments, the university and the developer, Ram, agreed to set aside 40 acres for a preserve. Ram also plans to develop another 35 adjacent acres still owned by the school. Read more here: http://www.miamiherald.com/2014/07/12/4232296/walmart-planned-for-endangered.html#storylink=cpy
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1,300 Migrants Stranded After Mexican 'Death Train' Derails

1,300 Migrants Stranded After Mexican 'Death Train' Derails | Business News & Finance | Scoop.it
About 1,300 migrants are stranded in the southern Mexican state of Oaxaca after a cargo train they were riding derailed Wednesday, emergency services said.
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Did Google Places kill this restaurant's business?

Did Google Places kill this restaurant's business? | Business News & Finance | Scoop.it
Fouty-year-old restaurant lost 75 percent of its business after Google Places said it was closed on the weekend.
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Vietnam Airlines wants to retain $148 million from IPO

Vietnam Airlines wants to retain $148 million from IPO | Business News & Finance | Scoop.it
National carrier Vietnam Airlines has sought government approval to retain VND3.2 trillion (US$148 million) from its initial public offering (IPO) this September, to buy more aircrafts.
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Teens Screwing, Drinking, Smoking Less

Teens Screwing, Drinking, Smoking Less | Business News & Finance | Scoop.it
Teenagers get a bad rap as rude, unruly, and violent cretins, but data shows that today’s teens are actually more restrained and well-behaved than before. In Britain and the United States, teenage murder rates and binge-drinking are on the decline. Teens are waiting longer to have sex (teenage pregnancy rates are half of what they were 20 years ago). In the European Union, teenagers are the only age group to have seen a decline in diagnoses of sexually transmitted diseases in recent years. Even cigarette smoking among teenagers has become rare: More teenagers now smoke pot than tobacco (and even marijuana’s prevalence is far lower now than it was in the 1970s). Read it at The Economist
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Sriracha Kerfuffle Documents Revealed: 'THIS PROBLEM NEEDS TO BE TAKEN CARE OF NOW, NOT LATER!!!!!' - Hit & Run : Reason.com

Sriracha Kerfuffle Documents Revealed: 'THIS PROBLEM NEEDS TO BE TAKEN CARE OF NOW, NOT LATER!!!!!' - Hit & Run : Reason.com | Business News & Finance | Scoop.it
The public just got some new insight into one of the last year's spiciest (and fishiest) political kerfuffles: the push by the city council of Irwindale,
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6.8 quake strikes off Fukushima coast

6.8 quake strikes off Fukushima coast | Business News & Finance | Scoop.it
A 6.8 magnitude earthquake hit off the coast of Japan, with its epicenter located some 129 kilometers from the city of Namie in Fukishima prefecture, US Geological Survey reported.
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Seniors have much to contribute to the economy, says former Reagan economist

Seniors have much to contribute to the economy, says former Reagan economist | Business News & Finance | Scoop.it
The rapid growth of the aging population provides the U.S. with a wealth of highly educated seniors who can continue to contribute to the economy, said economist Arthur Laffer. Laffer, who first gained prominence during the Reagan administration as a member of President Ronald Reagan’s Economic Policy Advisory Board, spoke this week to senior living professionals at the Greystone Event. The annual meeting of senior living professionals took place at the Four Seasons Resort and Club Dallas at Las Colinas. “When you look at the aging population, you have this repository of wisdom and skills and competence in so many areas that isn’t going to be depleted and thrown away by death or by indolence or by retirement,” Laffer said in an interview. “These people are going be out there working, creating wealth, output, employment and prosperity.
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Murderer turned stock-picker is ‘Oracle of San Quentin’

Murderer turned stock-picker is ‘Oracle of San Quentin’ | Business News & Finance | Scoop.it
Curtis Carroll, a convicted murderer, is now teaching inmates and prison staffers how to save, budget and even pick stocks—earning the nickname ‘the Oracle of San Quentin.’ Is he offering advice you can trust?
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US Marine Reservist Held in Mexico Back in Jail After Hearing

US Marine Reservist Held in Mexico Back in Jail After Hearing | Business News & Finance | Scoop.it
U.S. Marine reservist Andrew Tahmooressi is back in a Mexican jail this morning, ordered by a judge to remain in custody on gun charges near Tijuana, where he’s been locked up for 102 days.
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Hundreds of Memphis police officers call in sick to protest health care cuts

Hundreds of Memphis police officers call in sick to protest health care cuts | Business News & Finance | Scoop.it
Mayor reassures public that safety has not been compromised due to "Blue Flu" even though a quarter of police force isn't working
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We Should All Be Using Vacant Trolley Tracks For Personal Pallet Trains

Trolleys and light rail trains are great for getting around a city and all, but let's face it, they're just sitting there empty a lot of the time, just begging you to trip over them. So why not turn that underused resource into a new form of mobility: A DIY pallet-train for one?
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Both Google co-founders reveal beliefs on rent, privacy, taxes, law, & future tech (in 7 quotes)

Both Google co-founders reveal beliefs on rent, privacy, taxes, law, & future tech (in 7 quotes) | Business News & Finance | Scoop.it
Here is how two of the most powerful technologists in the world imagine the future.
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Female Yahoo Exec Accused of Sex Harassment by Female

Female Yahoo Exec Accused of Sex Harassment by Female | Business News & Finance | Scoop.it
Sexual harassment complaints aren't uncommon in the tech industry, but a new one at Yahoo is making headlines because of an unusual twist: A female executive is accused of coercing a female subordinate...
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Americans Are Too Stupid For GMO Labeling, Congressional Panel Says

Americans Are Too Stupid For GMO Labeling, Congressional Panel Says | Business News & Finance | Scoop.it
WASHINGTON -- It's pretty rare that members of Congress and all the witnesses they've called will declare out loud that Americans are just too ignorant to be given a piece of information, but that was a key conclusion of a session of the House...
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The Vietnam War: 5 things you might not know

The Vietnam War: 5 things you might not know | Business News & Finance | Scoop.it
Here are five facts about the Vietnam War that may surprise those too young to remember the conflict.
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What is Ebola?

What is Ebola? | Business News & Finance | Scoop.it
It's one of the world's deadliest viruses—and so far, there's no cure.
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Vietnam’s Overdue Alliance With America - NYTimes.com

Vietnam’s Overdue Alliance With America - NYTimes.com | Business News & Finance | Scoop.it
HO CHI MINH CITY, Vietnam — OURS is a small country. We Vietnamese cannot and must not entrust our future to anyone, but we urgently need strategic allies at a moment in history when our priority is to defeat our present-day enemy: China. China’s move in May, to place an offshore oil rig on the Vietnamese continental shelf, and its arrogant statements in June, at an Asian security summit meeting known as the Shangri-La Dialogue, exposed China’s sea piracy to the world. These developments should alarm anyone in Vietnam who still clings to the myth of brotherly love between our nation and China. We cannot fight Chinese encroachment alone. Political isolation in a globalized world is tantamount to committing political suicide for Vietnam. And the key ally for Vietnam today is the United States — an alliance that the Vietnamese liberation hero Ho Chi Minh ironically always wanted.
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Feds Ask Churches To House Migrant Families

Feds Ask Churches To House Migrant Families | Business News & Finance | Scoop.it
The Department of Homeland Security has asked Catholic churches in California to temporarily house and feed groups of Central American migrants until 2016, according to an official at the diocese of S...
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Blackwater awarded over $1bn from State Dept. since threat on investigator's life

Blackwater awarded over $1bn from State Dept. since threat on investigator's life | Business News & Finance | Scoop.it
The US State Department has allocated more than a billion dollars in contracts to the security firm Blackwater and its later manifestations since a top official for the company threatened a government investigator’s life in 2007.
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LeBron James is Heading Back to Cleveland

LeBron James is Heading Back to Cleveland | Business News & Finance | Scoop.it
Well, as local fans we went through one of the most surreal sports experiences of all time, got four trips to the Finals and two championships out of it, and now it's all over. LeBron James has picked the path of the prodigal son and is taking his talents back to Cleveland. Which likely means Chris Bosh is heading to Houston. LeBron announced his decision in a column on Sports Illustrated's website, and claimed that Miami would always be a "second home" to him, and that his four years in South Beach were like college to him. Though he added that he always planned on returning to Cleveland.
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James Gorman on the future of finance: banks will get bigger.

James Gorman on the future of finance: banks will get bigger. | Business News & Finance | Scoop.it

The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization of capital from providers to users, and facilitation of payments for goods and services.

But technology, globalization and demographics will change the shape of banking as dramatically in the next 100 years as they have in the last.

In particular, technology will continue to breed competition and disintermediation. Traditional consumer banking will come under extreme pressure as its central deposit-taking and lending functions are challenged by online savings vehicles, crowdfunding and loan syndicating by such nontraditional competitors as insurance companies, pension and hedge funds.

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Here's How Obama Responded When Someone in Colorado Offered Him Weed at a Bar

Here's How Obama Responded When Someone in Colorado Offered Him Weed at a Bar | Business News & Finance | Scoop.it
The news: It wouldn't be the first time Barack Obama smoked weed, but sadly it was not to be. While at a Denver bar on Tuesday night, the president met with residents in Colorado — where weed is now totally legal — and one person asked the POTUS if he wanted a hit of something green. "You wanna hit this?" the guy shouted. The answer was no, but the president just laughed.
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In Oslo, Eric Holder Pushes To Target and Criminalize Potential Extremists - Reason.com

In Oslo, Eric Holder Pushes To Target and Criminalize Potential Extremists - Reason.com | Business News & Finance | Scoop.it

In a speech in Oslo, Norway, U.S. Attorney General Eric Holder said that he expects the number of Americans that travel to Syria to fight alongside Islamic extremists to grow. He also called for targeting westerners for surveillance and potential prosecution if they show signs of becoming radicalized.

 

American intelligence estimates that there are about 23,000 fighters in Syria. About 7,000 of these are foreign fighters. Of these, "dozens" come from America and about 50 come from Norway.  One of them is ISIS-spokesperson Abu Safiyya, who recently taunted Obama to buy diapers in a propaganda video.

Holder spent the day reviewing the Norwegian action plan against radicalization with Norwegian Prime Minister Erna Solberg and Minister of Justice Anders Anundsen. He then called for other countries to enact a four-step multilateral plan to fight the "global crisis of influx of U.S.- and European-born violent extremists into Syria."

"If we wait for our nations’ citizens to travel to Syria or Iraq to become radicalized, and to return home, it may be too late to adequately protect our national security," said Holder.

He asked that other countries join the U.S., France, and Norway to enact laws that criminalize preparatory acts to terrorism. The plan also includes use of undercover operations to identify people that are planning to travel to Syria to fight. Holder pointed out that the FBI already has conducted several successful operations that have identified people that were planning to leave America to fight in Syria.

The third step in the plan includes international collaboration and intelligence-sharing, including information about travelers.Interpol and its Fusion Task Force will coordinate this effort. He also called for mutual legal assistance and extradition of foreign fighters to combat violent extremism. Finally he called for countries to enact counter-radicalization programs, such as the Norwegian one.

The Norwegian plan includes 30 steps ranging from research on radicalization and public awareness campaigns to detailed plans for how schools officials, social security officials, and law enforcement officials should deal with reports about individuals that might be in the radicalization process.

Holder emphasized the administration’s commitment to civil rights throughout the speech. This was probably to reassure people who would have rightful concerns about even closer international intelligence-sharing collaborations and law enforcement misconduct. Failed projects such as the illegal no-fly list come to mind.

"While we are committed to ensuring that we protect the safety of our fellow citizens, we are also committed to protecting their privacy," he said. "These undercover operations are conducted with extraordinary care and precision, ensuring that law enforcement officials are accountable for the steps they take—and that suspects are neither entrapped nor denied legal protections."

The Attorney General reiterated his proposal that the U.S. should enact legislation that would permit non-U.S. citizens to seek judicial redress for access, rectification, and disclosure of law enforcement information transferred to the U.S.

"This is an historic commitment by the United States to extend privacy protections beyond U.S. persons in this context," he said.

It would indeed be a historic commitment, if enacted and implemented.

 

 

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