Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…
Morning Headlines 8/30/21
Google confirms it’s pulling the plug on Streams, its UK clinician support app
Google shuts down its DeepMind-developed Streams app that displays patient information to UK clinicians.
Olive Launches Olive Ventures, an In-House Venture Studio
Olive launches an in-house venture studio for startups that are developing solutions for its automation platform.
Ascension pays $85,000 to settle charges that it violated federal immigration laws because of a software programming error that caused its employee eligibility verification software to send automated emails to all of its non-citizen employees whose documents were set to expire, requesting them (some erroneously) to submit proof of continued work authorization.
What does a company have to give up to be part of Olive’s “Venture Studio”?
Substantial equity? Exclusivity?
Unfortunately, these incubators are hardly ever good for the startups.