As many as 75 percent of venture-backed startups fail; the failure rate of all U.S. companies after five years is over 50 percent. We take a closer look at three Commonwealth companies that have overcome the odds, making the transition from great idea to thriving company.
There's a new head honcho at this West Philadelphia institution. Keystone Edge chatted with him about his varied resume, his greatest successes and failures, the best ways to foster innovation, and how he plans to bridge the gap between the local community and the Science Center.
The founder of Group K Diagnostics discovered that two-thirds of clinical decisions are based on lab results, yet a staggering 77 percent of abnormal results are never communicated to patients and seven percent are never even read by a healthcare provider. She set out to solve that problem.
Last month, Keystone Edge traveled to the Susquehanna Valley, sparking conversation about talent attraction, engaging young professionals in regional economic development, and why the area is such a great place to live and work. Here's a bit about who attended and what they had to say.
After 10 years at the University City Science Center, Steve Tang is leaving to tackle a new opportunity. A child of immigrants, cancer survivor and trained engineer, he offers a unique perspective on Philadelphia's growth and why it's important to make sure less affluent parts of the city aren't left behind.
A global network for the startup community has a new home in Philadelphia. Housed in the under-construction 3675 Market Street, Venture Café at Quorum will offer a slate of programming and a raft of connections for local innovators.
Lancaster's Reflexion offers a portable, rapid concussion test for amateur and school sports. The three founders are tackling a problem that impacts 50 million athletes across the country, and hoping to save lives in the process.