Sun.Jan 13, 2019

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

Xconomy

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 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.

Research 109
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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. Of course, we never see ourselves in this mode, yet we need to recognize that all humans see reality differently through a built-in set of “cognitive biases,” based on their own unique background of experiences, training, and mental state.

Ideas 91