ReadWriteWeb

It's hard to believe that it is May already as a third of the year is complete and summer is almost here. With graduation season upon us, perhaps the entrepreneurs of tomorrow will want to take a look at the most popular startup stories from this week in our Weekly Wrapup. This week we've got more pitch deck suggestions, dealing with PR disasters and learning from failure. Also, we discuss some new data surrounding angel-backed companies, founders as long-term CEOs and how intellectual property effects innovation.

Between Y Combinator's Startup School, the influx of seed fund incubators, the list of legendary mentors and investors and the dotcom bust's school of hard knocks, is there really any reason to go to grad school? At ReadWriteWeb we're supportive of lifelong learning and universities that coach entrepreneurs, but a recent post by Venture Hacks founder Naval Ravikant has us wondering, "What is the value in grad school?"

If you're an early-stage entrepreneur and this is your first startup company, you are not alone. Thousands are toiling over code in the hopes that their product will gain users and revenue. The problem with being someone who can build a great product is that you might know more about your core technology then you do about the business of startups. In the past few weeks ReadWriteWeb has covered emerging tech hubs in Israel, Austin and Boulder and the common thread amongst them is that each community encourages mentorship. Today we're looking at what you need to know to find a great mentor.

One of the fastest growing uses of technology is for online education. Student enrollment in online university degree programs has increased in recent years, but more interesting is the increase in kindergarten to grade 12 (K-12) students who are foregoing recess and pep rallies to study in virtual classrooms.

While the down economy continues to hurt funding to our schools, more and more teachers are looking to web-based services to help educate their students. Whether it's through open resource projects like CK-12, virtual classrooms like those in Second Life, or through the repurposing of tools like Twitter, millions of teachers are finding innovative resources to engage their students. If you're a teacher, here are seven great tools to get you started.

Skip the lecture, download the podcast. That's probably not what university professors tell their students, but perhaps they should. New psychological research conducted by Dani McKinney, a psychologist at the State University of New York in Fredonia, shows that students who only listened to podcasts of lectures achieved substantially higher exam results than those who attended class in person.

When we first reviewed Posterous, we called it a 'minimalist blogging service.' All you have to do to start blogging and sharing content on the service is to send an email to post AT posterous.com and it will automatically set up a blog for you. Now, however, Posterous is expanding its service and slightly changing its direction by adding a bookmarklet that puts it on a direct collision course with tumblr, the popular microblogging site.