Some interesting links we found across the web this week:
FAA's new drone laws go into effect Monday,
allowing US companies to innovate
The regulatory scheme around civilian drones is still taking shape,
but the Federal Aviation Administration takes a major step forward
next week with the effectiveness of initial standards for
commercial drone usage. We're pretty excited to hear about
pizza-by-drone startups, but the tech is even more valuable in
construction, emergency response and many other sectors. Watch this
space! (Bonus links: more coverage for
Wall Street Journal subscribers, and a handy guide for
those seeking a drone license.)
The White House is planning to let more foreign
entrepreneurs work in the US
Immigration is a hot-button issue for other reasons, but don't
lose sight of the "startup visa" that may be part of an
eventual reform bill. For now, the Department of Homeland Security
is using its regulatory power to help foreign founders stay here
for up to five years of active involvement in a startup, today
proposing a new federal rule to that effect that does not require
Congressional approval. Recode has a quick summary, but
see here and here for more.
Warned of a Crash, Startups in Silicon Valley
Narrow Their Focus
We've frequently mentioned the notion of a new tech bubble this
year, but in lieu of a burst it seems startups are simply getting
leaner. The New York Times has the latest impression of
market conditions as Q4 approaches.
In 5 years, the Midwest will have more startups
than Silicon Valley
Our smaller-market story of the week comes from Columbus, Ohio and
Ann Arbor, Michigan, where strong ecosystems have impressed even
seasoned VCs from Silicon Valley.
How the startup economy is replacing the traditional resume
Finally this week, an interesting piece from TechCrunch on the value of being a founder in this still-emerging tech economy. Unicorns may dominate the headlines, but smaller founders who successfully exit are collectively having just as great an impact, as their exits signal leadership potential in jobs and ventures afterward.
Links compiled by Jared Brenner.
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