On any given day, thousands of packages from Walmarts, Targets, and stores around the country travel north along a two-lane road out of Billings, Montana — past the Tumbleweed Saloon, past cows grazing on empty rangeland, past the Busy Bee Cafe and stands of short pines — to the town of Roundup, where they will be unboxed, re-boxed, and sent off to Amazon. At first glance, Roundup does not appear to be a hub for much of anything. Founded by homesteaders and ranchers in the late 19th century, it enjoyed boomlets as a coal town and a station along the Milwaukee railroad, but the coal tapped out and the train shut down, and the town’s population has now sunk below 2,000. Its Main Street is lined with homages to its frontier past: silhouettes of cowboys painted on boarded-up windows; dust-covered wagon wheels in otherwise empty storefronts; a noose dangling from “the hanging tree,” which a plaque explains was used to execute three cattle rustlers and two … [Read more...] about The everything town in the middle of nowhere
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David Teten Contributor Share on Twitter David Teten is a Venture Partner with HOF Capital. He was previously a Partner for 8 years with HOF Capital and ff Venture Capital. David writes regularly at teten.com and @dteten. More posts by this contributor Why are revenue-based VCs investing in so many women and underrepresented founders? Should your new VC fund use revenue-based investing? This guest post was written by David Teten, Venture Partner, HOF Capital. You can follow him at teten.com and @dteten. This is part of an ongoing series on Revenue-Based Investing VC that will hit on: Revenue-based investing: A new option for founders who care about control Who are the major revenue-based investing VCs? Should your new VC fund use revenue-based investing? Why are revenue-based VCs investing in so many women and underrepresented founders? Should you raise equity venture capital or revenue-based investing VC? So you’re interested in raising capital from a … [Read more...] about Who are the major revenue-based investing VCs?
Many patients may not know the full story about their drugs or medical treatments because of a widespread problem involving unpublished or biased clinical trials, according to mounting evidence.Oftentimes, medical journals or pharmaceutical companies that sponsor research will report only "positive" results, leaving out the non-findings or negative findings where a new drug or procedure may have proved more harmful than helpful.A new review of research about this problem points to hidden or misleading studies for all sorts of conditions, including depression, Alzheimer's disease, type 2 diabetes, menopausal symptoms and cancer, said researchers at the Institute for Quality and Efficiency in Health Care (IQWiG) in Germany. [Science You Can Eat: 10 Things You Didn't Know About Food]"You can't say this is an isolated problem," said Beate Wieseler, deputy head of IQWiG's Drug Assessment Department. "It's widespread, and it affects drug companies, universities and regulatory … [Read more...] about Dark Side of Medical Research: Widespread Bias and Omissions
When Apple released its iPad, people lined up for hours to get their hands on the latest shiny techno-gadget stamped with the Apple logo.While there likely wasn't reason to worry iPads would go out of style, or worse, become unavailable, and those die-hard consumers didn't urgently need the tablet for an essential task that same day, still the lines persisted — as they often do when Apple comes out with something new.The seemingly odd behavior makes sense to market researchers and psychologists who weigh in on the reasons for Apple's cult-like following, and why members feel such affection for these products.The unadulterated loyalty often invovles brand-centric fan groups, which scientists refer to as brand communities. These groups, which have formed around Apple, Harley-Davidson and even Hello Kitty, seem to rise up largely without the aid of sly marketing campaigns and instead by grassroots movements with their own rituals and traditions. Some even say the Apple community has … [Read more...] about Apple Obsession: The Science of iPad Fanaticism