On Thursday, November 15, NUI Galway held its 12th Annual Gala Dinner at the University Club in New York City.
This year’s honoree was Senior Vice President at Morgan Stanley Wealth Management, Sean Lane, who graduated with an honors post-graduate diploma in business and a B.A. from NUI Galway. A first-generation Irish American born in New York, Sean is the chairman of the NYC St. Patrick’s Day Parade and co-founder of the St. Patrick’s Day Foundation. He is being honored in this issue as one of Irish America’s Business 100. Lane gave an heartwarming speech about striking out on his own to seek out a college degree against his father’s wishes, and how he achieved that goal by working his way through school.
Extra Crunch roundup: UiPath’s IPO filing, predicting revenue, how to pivot properly, much more
This is not a boast, but a warning: I could write a how-to article on almost any topic.
Give me enough time to do some research, and I can put together a reliable step-by-step for building a custom gaming PC, installing a hot water heater or interpreting public health data. But since I’ve never actually done those things, I would encourage you to ignore any advice I have to offer.
Trusted advice comes from experience. That’s why Ron Miller interviewed three entrepreneurs who have each built multiple companies to uncover some essential truths about achieving product-market fit:
How to pivot your startup, save cash and maintain trust with investors and customers
Olive CEO Sean Lane did it but it was painful
A few years ago, founder Sean Lane thought he’d achieved product-market fit.
Speaking to attendees at TechCrunch’s Early Stage virtual event, Lane said Queue, a secure digital check-in tablet for hospital waiting rooms that reduced wait times by uniting and correcting electronic medical records, was “selling like hotcakes.” But once Lane realized it would only ever address one piece of a much bigger market opportunity, he sold off the product, laid off two-thirds of the people affiliated with it and redirected the employees who were left.
Olive Enters the Operating Room with Empiric Health Acquisition
Empiric Health brings new capabilities for supply chain and clinical analysis
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U.S.A., April 13, 2021 /PRNewswire/ Today,
Olive (she/her), the company delivering innovation to healthcare through artificial intelligence (AI), introduced new capabilities for supply chain and clinical analysis for surgeries propelled by the acquisition of Empiric Health, an AI-powered clinical analytics and services company. Giving Olive access to operating room data furthers her impact and takes another step toward connecting healthcare s disparate systems. Expanding Olive s presence into the operating room means working alongside humans to catalog data and then learning from successful surgeries to predict the best pathways of care, said Sean Lane, CEO of Olive. Through her growing network of healthcare intelligence, Olive is always learning. Expanding her knowledge base with Empiric Health
CHRISTOPHER RUGABER
WASHINGTON America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.
The March increase the most since August was nearly double February’s gain of 468,000, the Labor Department said Friday. The unemployment rate declined from 6.2% to 6%.
Even with last month’s robust increase, the economy remains more than 8 million jobs short of the number it had before the pandemic erupted a little over a year ago. But with the recovery widely expected to strengthen, many forecasters predict enough hiring in the coming months to recover nearly all those lost jobs by year’s end.