


Over his amazing career, which began when he was 12, Bill Gross has founded more than 100 companies in dozens of industries. It seems safe to say that he is one of the most successful entrepreneurs in history.
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Here at the Caltech eClub, we are big fans of Bill Gross. After all, not only is he a Caltech alum, but he is also one of the world's most prolific entrepreneurs! Check out the Business Insider article above for a sample of his sagely advice.
A lot of undergraduate students ask whether they should pursue an MBA or a technical PhD as a foundation of their entrepreneurial career.
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This article, recommended by a friend of eClub officer Matthew Moore, is from the "Tech Entrepreneurship Blog". The author gives a well-laid-out argument for why pursuing a PhD is a better foundation for being an entrepreneur. The author also explores the pros and cons of both tracks.
Founder Steve Ells has built a multibillion-dollar Mexican food chain by providing fresh meals fast. Can he do it again this time with Asian cuisine? Or is he a one-hit wonder?
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This article, recommended by eClub officer Matthew Moore, is from the September 26th, 2011 issue of Fortune magazine, and was written by David Kaplan. The article gives a good breakdown of the "fast-casual" food-service market, which includes players like Chipotle, Five Guys, and Panda Express. The article also opines on Steve Ells, founder of Chipotle, and his experimental new business called "ShopHouse Southeast Asian Kitchen".
How to prepare for the Connected Generation’s transformation of the consumer and business landscape.
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This article was recommended by eClub officer Matthew Moore. In this article, a vision of the future is presented related to the massive proliferation of online connected-ness achieved via personal devices. An interesting discussion on the merits of the predictions can be found on Quora (here).
Web-based tools are becoming nearly essential to many aspects of running a business, so why not bring them into the process of creating and executing a business plan?
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This N.Y. Times articles was recommended by eClub member Nadine Dabby. The article talks about the background of Wicked Start founder Bryan Janeczko, and the general battery of resources available to new entrepreneurs for free online these days.
Practical advice and guidance written by experts on the issues to consider when launching a startup.
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This series of articles was recommended by eClub officer Alex Nisthal. The series touches on all aspects of the biotech business, from IP to partnering to general entrepreneurship. Two recent articles of note for the Caltech community are Granting you success and Commercializing a disruptive technology.
Biotechnology's overall failure to achieve pharma's FIPCO model will, paradoxically, finally drive the industry to profitability.
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This article, posted by eClub officer Weston Nichols, is an old (ca. 1999) but interesting one. The article was written by the CEO of Proteolix, a company founded in 2003 by Caltech Professor Ray Deshaies and others, and sold to Onyx in 2009 for ~$250MM cash and future payments--getting up to ~$800MM upon achievement of FDA approval milestones.
Signs of exuberance are everywhere: Tesla roadsters, soaring real state, overpriced olive oil! So why is Silicon Valley reluctant to use the B-word?
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This article, recommended by eClub officer Matthew Moore, is from the July 25th, 2011 issue of Fortune magazine, and was written by David Kaplan. The article has a couple of great figures that compare sales revenues to market valuation for both companies from the first tech bubble at the end of the 1990s and companies today (LinkedIn, Zynga, etc.). This article explores the question, "Is another tech bubble looming?", but seems to conclude that if everyone is on the lookout for a bubble, then it is less likely to pop.
The creator of a marketplace for scientific research explains how it could transform the enterprise.
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This article comes from eClub member Michael McCoy. The business, supported by Ycombinator in Northern Calfornia, is more like a "Task Rabbit" or Amazon's "Mechanical Turk". The novelty is that the service is directed at scientific experimental work, instead of random tasks of manual or IT labor.