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How Much Does It Cost to Open a Supercuts Franchise?

How Much Does It Cost to Open a Supercuts Franchise?

Haircare. Has there ever been a business better suited to the franchise model? Literally everyone needs to have their hair cut eventually, and there is a need for the specialized services of barbers and stylists from coast to coast. With a little business support, any skilled haircare professional can build a thriving business in their…

Detroit Tech: Can Innovation Save the Motor City?

Detroit Tech: Can Innovation Save the Motor City?

Meet Leslie Smith, president and CEO of TechTown, a research and technology business park and accelerator program located near the campus of Wayne State University in north downtown Detroit. This is the real Detroit. Her office is located in a converted General Motors research and development facility, the actual building where the original Corvette was…

Tech Jobs are Driving the U.S. Labor Market Right Now (And More Not-So-Surprising News)

Tech Jobs are Driving the U.S. Labor Market Right Now (And More Not-So-Surprising News)

“How important is high-tech employment growth for the U.S. labor market? As it turns out, the dynamism of the U.S. high-tech companies matters not just to scientists, software engineers and stock holders, but to the community at large,” writes economics professor Enrico Moretti, the author of The New Geography of Jobs, in the Bay Area…

Venture Capital Cash Surfers May See Waves Recede in Market Turmoil

Venture Capital Cash Surfers May See Waves Recede in Market Turmoil

By Sarah McBride and Heather Somerville SAN FRANCISCO (Reuters) - The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public. Investors have created 132 privately held companies valued…

technology students group in computer lab classroom

Education Startup HotChalk in Talks to Raise New Funding

By Liana B. Baker (Reuters) - HotChalk, an educational technology startup, is in talks to raise at least $75 million from private investors, valuing the company at roughly $500 million to $800 million, according to people familiar with the matter. The company, which helps universities and colleges create online degree programs, has hired Citigroup Inc…

Creating an Effective Startup Ecosystem

Creating an Effective Startup Ecosystem

Regionalism isn’t one size fits all. Tech ecosystems do share many similar qualities, but the range of needs and unique challenges between cities can be significant. Florida has a large community of high-net-worth individuals and plenty of available capital, but its investors are not familiar with the tech market and as a result are less…