Business

An Analysis of San Francisco’s Startups Shows Where the ‘Real’ Silicon Valley is

Published

10 years ago

February 10, 2015

(The Verge) – There’s a new map of entrepreneurial hotspots in California, and it’s here to show you where the “real” Silicon Valley is. By coding startup characteristics and looking out companies’ success six years down the line, researchers at MIT say that they were able to map out exactly which areas of California have the highest entrepreneurial quality, as well as identify which characteristics tend to typify companies that “make it big.”

“There’s a lot of interest in entrepreneurship” in the US, says Scott Stern, an economist at MIT and a co-author of the study published in Science today. “And one of the key implications of our study is that we started disentangling the difference between simply starting a new business, and the kind of new businesses that have the potential for significant job creation and growth.”

Based on the researchers’ model, the best indicators of entrepreneurial quality were characteristics like a company’s name. Companies that have short names containing words associated with technology tend to grow better. Businesses that aren’t named after their founders also tend to do better over time. In addition, the model showed that corporations are six times more likely to do well compared with companies that aren’t incorporated. The same goes for trademarks; companies with trademarks are five times more likely to grow than nontrademarked businesses. Patents are also important indicators of entrepreneurial quality, Stern says. “We basically combined the novel use of getting at the details from a business registration with a predictive algorithm.”

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Oakland Post: Week of January 8 – 14, 2025

The printed Weekly Edition of the Oakland Post: Week of January 8 – 14, 2025

Published

3 days ago

January 11, 2025

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To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

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Oakland’s Black Chamber of Commerce Awards 63 Businesses $1,000 Micro Grants

“Our members are essential to Oakland’s economic and cultural fabric,” said Cathy Adams, president of the OAACC. “These grants are a testament to our dedication to fostering business growth and sustainability within our community.” The microgrants are designed to provide vital support for members to strengthen their operations, invest in growth opportunities, or meet pressing needs, Adams added.

Published

1 week ago

January 6, 2025

Oakland Post

Cathy Adams, president of the OAACC. Photo courtesy of the OAACC.

By Oakland Post Staff

Last week, the Oakland African American Chamber of Commerce (OAACC) announced the distribution of $63,000 in microgrants to 63 member businesses. These $1,000 grants, generously sponsored by Supervisor Nate Miley, Amazon, and the Tides Foundation, reflect the organization’s goals and unwavering commitment to empowering Black-owned businesses in Oakland.

The microgrants are designed to provide vital support for members to strengthen their operations, invest in growth opportunities, or meet pressing needs, Adams added.

As part of this initiative, OAACC leaders are encouraging all grant recipients to inspire their communities to support Oakland-based businesses by shopping locally, sharing referrals, and following their social media pages.

For more information about the OAACC and the organization’s initiatives, please visit www.oaacc.org.

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Port of Oakland to Host January Meeting for Interfaith Council of Alameda County

State, county, and city officials have been invited to join ICAC board members and the community to explore effective strategies for addressing these interconnected challenges across Alameda County, including ICAC’s Safe Car Park program expansion and efforts to convert trailers into shelter for the unhoused.

Published

1 week ago

January 6, 2025

Oakland Post

The Port of Oakland. Courtesy photo.

Special to The Post

The Interfaith Council of Alameda County (ICAC) will hold its first meeting of 2025 on Thursday, Jan. 9, at the Port of Oakland, located at 530 Water St. Hosted by the president of the Port of Oakland, the meeting will run from 1-2:30 p.m. and will focus on pressing community issues including environmental justice, housing solutions, and crime and safety.

All are welcome and encouraged to attend and contribute to this important discussion. For more information, visit interfaithAC.org.