Word: institutionalize
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Dates: during 2000-2009
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During the past several weeks Harvard, once an institution of higher learning, has taken significant steps towards becoming a start-up incubator. First, the college proposed relaxed restrictions on the operation of businesses from dorm rooms. Now comes the announcement of the Technology and Entrepreneurship Center at Harvard (TECH). Modeled...
Attacking the Museum of the Confederacy is an attack on the serious study of history. This museum is not some glorified Klan hall but a serious and respected academic and historical institution. It is especially foolish to denounce the study of such a vitally formative period in American history. Corrupting...
"But once the University decides to get going with something, it doesn't let any other institution overshadow it," he said.
Like many of the start-ups it covers, the Standard is living at warp speed. Its offices are crowded with foosball tables and video-game machines. It recently got $30 million in venture capital to expand its empire (new magazines, new websites, new conferences) in return for a 15% stake...
The Standard is probably a sounder candidate for an IPO than some of the dotcoms it covers, even though editorial Web ventures have a tendency to slump on Wall Street in the long run. Battelle, a Wired veteran who saw that magazine's stock-offer bid crash and burn, is...