Sun.Jan 13, 2019

Your Passion Can Breed Biases That Kill New Ventures

Startup Professionals Musings

I’m sure we have all seen entrepreneurs with high levels of passion and confidence touting an idea that seems to make very little sense to us.

Ideas 91

Pensa, AI-Enabled Drones Maker for Inventory Monitoring, Raises $5M


Austin —The grocery store shelf has yet to be plugged into the increasingly digital food supply chain. Instead, inventory is typically tallied by employees by hand in a slow and laborious process. “It’s It’s one big black hole with groceries, not knowing what is exactly on the retail shelf and available for sale,” says Richard Schwartz, president and CEO of Pensa Systems in Austin. Something like one out of eight or 10 items is typically not in stock.”