Island nations benefit from 'water as a service'
Summary: Seven Seas Water, with $100 million in financing from the likes of the Virgin Green Fund, is tackling the challenge of making water desalination more efficient and sustainable.
By Heather Clancy for GreenTech Pastures | August 22, 2012 -- 06:00 GMT (23:00 PDT)
The drought situation in the United States has plenty of people wondering about water technologies and more effective water strategies. Not to make light of the situation, which is hopefully a temporary weather pattern, but try to imagine what it would be like like in a place that is surrounding by water but has a very limited drinking supply.
His conceptPebble, a watch that talks to your smartphone, raised $3.7 million on Kickstarter in less than a week--breaking the platform’s crowdfunding record by about 20 days.
BY LYDIA DISHMAN | 04-18-2012 | 12:00 PM
Eric Migicovsky hasn’t slept much in the past week. You can hardly blame him. His conceptPebble, a watch that talks to your smartphone, raised $3.7 million on Kickstarter in less than a week--breaking the platform’s crowdfunding record by about 20 days. Another $500K in funding has been added over the last 18 hours to bring the total to over $4.3 million, and there’s still a month to go. They racked up $1 million worth of pre-sale orders in a single day.
Freedom to fail. Traditionally, companies are averse to risk, so if you fail at something, it hurts your career. But to innovate, you need to be able to try new things without risking your livelihood. As Thomas Edison said, “I have not failed. I've just found ten thousand ways that won't work.”
These days, every established company is at risk of having its industry--and its own business--disrupted by a startup. Cognizant of this, companies devote a lot of time to talking about how important it is to innovate. But here’s the truth: most companies can’t innovate because everyone is paid to maintain the status quo.