Tag: startup

This week on JobMakers, Host Denzil Mohammed talks with Russian-born entrepreneur Semyon Dukach about the high value of immigrants to the U.S. Dukach started a seed stage fund for immigrant tech founders, One Way Ventures, in response to the early restrictive moves of the Trump administration, particularly the Muslim ban. In his 20 years of angel investing, he noticed a trend: immigrant-led companies repeatedly outperformed the rest of his portfolio. Indeed, immigrants make up less than 14 percent of the U.S. population but launched 24 percent of high-tech startups and founded or co-founded 55 percent of America’s billion-dollar startups. In this episode, Dukach shares his thoughts on how to reform America’s immigration policies.

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This week on JobMakers, host Denzil Mohammed talks with Max Faingezicht, an immigrant who founded ThriveHive, a marketing software company for small businesses, and Telescoped, which uses remote software engineering to connect Latin American engineers with U.S. companies in need of their skills. The entrepreneurial ecosystem of Boston and Cambridge have allowed Max to achieve dreams he didn’t even know he had when he arrived. He can now foster entrepreneurship in his home country of Costa Rica while bringing much-needed talent to U.S. companies, all the while influencing what the future of work will look like. In this episode, he shares his fascinating immigration story, as well as his ideas on where workers go next.

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Elizabeth Holmes and the Power of Imagination

 

Theranos founder, chairwoman, and C.E.O. Elizabeth Holmes, in Palo Alto, California, September 2014.A 19-year-old college student had a revolutionary idea that she imagined would make her rich and famous. She quit college and founded a start-up, attracting incredible attention, investors like Lawrence Ellison of Oracle, and a board of directors that included Henry Kissinger and George Schultz. She dressed just like Steve Jobs, in black turtlenecks. She had huge, mesmerizing blue eyes and a very deep voice for a woman. She was sought after for interviews, TED talks, and hailed as a pioneer in medical advances. She claimed that the cost savings using her technology would be in the billions.

Her technology concept was cheap, reliable blood testing done with only a fingerprick, using a device that could test for up to 240 different things. She claimed that she was driven by integrity and the desire to help others.

. . . [T]here’s a tremendous responsibility. I think about it all the time in the context of my mom. And the information that we’re generating, she does all of her tests through us, knowing that we’re right, every single time, and knowing that we’re not compromising on quality, and knowing that we’re, in every action that we take, approaching this with a seriousness that it deserves, in the context of what it means to say to someone, “You don’t have breast cancer” or “You do have breast cancer,” has driven our culture in a huge way.