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Aggies Invent: Solving Problems in 48 Hours
Aggies Invent is a 48 hour intensive design experience offered at the Engineering Innovation Center (EIC), a 20,000 square foot rapid prototyping lab. The format of the experience is to engage 60 or more students in multidiscipline/multi-level teams in hands on projects that will push their innovation, creativity, and communication skills. Each event will have a specific theme and will be designed in collaboration with industry and faculty. At the final presentations, Aggies Invent teams will compete for cash awards. 1st place – $1,000, 2nd place – $750, and 3rd place – $500 per team.
tamu  university  education  hackathon  competition  entrepreneurship 
yesterday by cyberchucktx
Steve Blank Why Entrepreneurs Start Companies Rather Than Join Them
Entrepreneurs choose to start companies because their education and experience don’t send good signals to the hiring market. The author’s call this, “adverse signaling”.

Not sure what I think of this research yet. But this is right on the money. One of the biggest reasons I’ve never applied at a place like google.

Surprisingly, the company that best epitomized this was not some old-line manufacturing company but Google. When Marissa Mayer ran products at Google the New York Times described her hiring process, “More often than not, she relies on charts, graphs and quantitative analysis as a foundation for a decision, particularly when it comes to evaluating people…At a recent personnel meeting, she homes in on grade-point averages and SAT scores to narrow a list of candidates, many having graduated from Ivy League schools, …One candidate got a C in macroeconomics. “That’s troubling to me,” Ms. Mayer says. “Good students are good at all things.”

Really. What a perfect example of adverse signaling. No wonder the most successful Google products, other than search, have been acquisitions of startups not internal products: YouTube, Android, DoubleClick, Keyhole (Google Maps), Waze were started and run by entrepreneurs. The type of people Google and Marissa Mayer wouldn’t and didn’t hire started the companies they bought.
entrepreneurship  business  career  startup  research  psychology  google 
5 days ago by jefframnani

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