Why Sponsor A Virtual Accelerator
As companies scramble to adapt their businesses to a world of remote working and isolation, entrepreneur support organizations, including accelerators and incubators, are going entirely online for…
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The Most Notorious Scammer of The 20th Century
Charles Ponzi promised 100% profit in 90 days to his investors
Although I am not a financial analyst, I now have a better understanding of what a Ponzi scheme is. Investors are promised large profits if they give someone money, and money is shuffled from new investors to old ones without any actual investing going on. The idiom to explain the scheme is “robbing Peter to pay Paul,” leading to older investors possibly making some returns with newer investors having their money siphoned away.
There was no Quaker charity. Howe used money from new investors to pay old investors. Her fraud was uncovered when the Boston Daily Advertiser uncovered the…
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Three Reasons Homegrown Service Design Might Be the Best Start
Service design in the United States is heading in one direction: inside. Many organizations are interested in using service design to understand their system, reduce friction in their service, or…