Atlassian doesn't have a sales team; instead, the company has $320 million in revenue through word of mouth and its website. That's unusual among software companies, and the company effectively accepts slow-and-steady growth to keep prices down and focus resources on R&D. "Salespeople are like your Adderall right before the exam," Atlassian President Jay Simons says. "It's that last-minute kick when you're not going to do well otherwise."
Pet health insurer Pets Best Insurance Services is giving employees in Boise, Idaho, a day of paid leave to cope with the loss of a pet. "While we know nothing can take the pain away of losing a pet, we wanted to provide some extra time to honor their pet," said President Chris Middleton.
Companies in New York might face stricter regulations for paying employees through debit cards. Approximately 13,000 companies pay with debit cards, instead of paychecks, a practice that the state Department of Labor says exposes employees to unexpected fees and hidden costs. Gov. Andrew Cuomo has called the practice a form of wage theft.
Oil rose to over $50 a barrel this week, according to data from CME Group, but this might not improve the stock market. While low oil prices might stimulate the global economy due to the lower cost of transportation, they could be an indication of low demand that could be keeping stock prices flat.
President Barack Obama visited Hiroshima this morning, laying a wreath at the city's peace memorial and meeting with survivors of the US nuclear attack on the city. While stopping short of apologizing for the city's bombing, Obama said that the existence of nuclear weapons demanded a "moral revolution" aimed at spreading peace and working toward "a world without nuclear weapons."
Donald Trump says that if elected, he'll "cancel the Paris climate agreement" and reverse President Barack Obama's strategy to reduce US emissions. Speaking to oil executives, Trump also pledged to approve the Keystone XL pipeline and to cancel rules protecting waterways from industrial pollution. "Any regulation that's outdated, unnecessary, bad for workers or contrary to the national interest will be scrapped and scrapped completely," Trump said.
The popular conception of a startup leader as a lone wolf doesn't match reality, writes Allen Gannett, CEO of TrackMaven. In fact, many CEOs depend on a network of mentors, advisers, therapists and other supporters to help them excel.
You may be struggling to raise funding because you're not ready, and that's OK, writes Alex Iskold of Techstars. If you've answered all the questions of readiness -- he offers 14 of them -- then you need to look at getting face time with more potential investors.
If you are meeting with investors, look at their feedback. "Understand the pushback, do research, get data, execute and come back with a fix," Iskold writes. "Also, know that there are more subtle things that people won't necessarily tell you about."
The golden records sent aboard the Voyager spacecraft were the ultimate time capsules, says historian Knute Berger. Most earthbound time capsules are amateurish, built from materials that rust or disintegrate, or simply quickly forgotten about. "Somehow we think if we have a ceremony and we put something in the ground, then everybody's going to remember," Berger says.
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