Important Innovations

  Spotify Founder/CEO To Invest in European Tech Startups                                                       Source:  Spotify Seed Money For European Entrepreneurs The founder and CEO of Europe's most valuable technology company - Spotify's Daniel Ek - is building a European Silicon Valley. Speaking at a technology conference, he said he will invest one-third of his personal wealth - 1 billion euros or $1.2 billion - into European technology startups.  The highly successful entrepreneur says he will focus on "moonshot projects" in biotech, materials science and machine learning. Spotify 37 year old Ek's Spotify is a media services provider and audio streaming platform that recently offered a series of podcasts by former First Lady Michelle Obama. Spotify just announced an upcoming podcast series with Prince Harry and Megan Markle.  Ek routinely flies 17 hours from his home in Stockholm to San Francisco, which is one of Spotify's headquarters.  He says he

SEC Okays New Silicon Valley Stock Exchange Source:  London Stock Exchange stock image Innovation and Tech Express US regulators at the Securities and Exchange Commission (SEC) just approved a new stock exchange.  This will give innovation companies with high growth potential the chance to list their shares outside of traditional big New York exchanges.  The exchange is called the Long-Term Stock Exchange, LTSE and is located in the Silicon Valley of California. Entrepreneur's Idea This concept of a stock exchange for new innovation companies is the creation of entrepreneur, investor and startup advisor Eric Reis.  He raised $19 million from venture capitalists to make this happen.  It will be a Silicon Valley based national securities exchange. Reis says it will promote a unique approach to governance and voting rights.  It will also reduce short-term pressure on these emerging public companies.  The companies will also be able to dual list their shares on the NYSE and