If you are looking for ways to raise funds for your startup, SAFE (simple agreement for future equity) and convertible notes are two options at your disposal. But what do these terms mean? And what do they look like in practice?
As technology becomes more and more innovative, it is becoming easier and easier to imagine that soon artificial intelligence (AI) would be able to make things all by itself. Already, we have seen a rising concern over AI making its own creative works by recognizing patterns in art styles and structures.
In 2018, footwear giant Nike released an ad campaign to celebrate their 30th anniversary. One of the faces of their campaign was Colin Kaepernick—the former quarterback for the San Francisco 49ers who, before a match, kneeled in solidarity with African-American people who were being wrongly targeted by the American police force. Kaepernick had faced backlash for his public protest against racism; Nike faced backlash for supporting him. Nevertheless, Nike won more hearts than it lost.
No industry is immune to technological advancement, even real estate. Property technology, or PropTech for short, is the technology and software assisting the real estate needs of our time. The goal of PropTech is to optimize everything from owning, renting and living in a property to making the experience unique, easier and more efficient.
Shoppers today want glowing skin, but not at the cost of the environment. That’s evident in the way they are shopping. A study by Wella’s weDo/Professional revealed that more than half of customers prefer buying sustainable beauty products. A Partner at McKinsey, Emma Spagnuolo, shared in a podcast, “Since we started doing our generational research in 2016.
The fashion industry has been repeatedly called out for the environmental impact of its production processes. The apparel industry, in particular, accounts for 10% of the world’s carbon emissions and consumes 1.5 trillion liters of water each year.
When people tell you it is time to slow down, to focus on yourself, and to relax for a few minutes, do you often become angry at them for not understanding how important your business is to you? You can’t possibly relax. There is too much to be done and not enough hours in the day, right? Wrong.
SEO, or Search Engine Optimization, is about making your website stand out in search engines. With the right SEO strategy, you can rank among the top sites visible to users on Google search.
Collaboration is integral to business success. Startups collaborate with investors, employees, customers and various internal departments. Some kick it up a notch by collaborating with the big guns—billion-dollar corporations. Critics of this collaboration might label startups as “sell-outs”, but why should they pass on the opportunity to tap bigger resources? And why should corporations deprive themselves of unbridled innovation? Well, they shouldn’t. Here’s why.
Sales is integral to a company’s success. After all, it dictates how your business offering reaches and convinces your target audience. According to a study by the Harvard Business Review, companies with a defined sales process earned 18% more revenue than companies with none. What’s more? Companies that used three sales pipeline tools efficiently had a 28% higher revenue growth! Building and maintaining a sales pipeline can make a huge difference to your business growth.
Many of us have visited reputed museums and art galleries and stumbled across a piece of work that appears to be the finger painting project of a toddler. What furthers the layperson’s bewilderment in such situations is that the price tags for such pieces read millions of dollars.
Education is no longer just about textbooks and chalkboards. And, rest assured, it’s not limited to students. With EdTech—technology that makes education more engaging—the education landscape is changing, and so is the demand. In 2020, the global education technology market was valued at US$89.49 billion.
From launching food and beverage (F&B) startups in Canada to co-founding Denzity and PropTech Institute in Hong Kong, entrepreneur Darren Wong has traveled a long and winding road. One that has led him to finally leave PropTech Institute and take on more ecosystem building work at the Hong Kong PropTech Association (HKPTA).
In August this year, the content subscription website OnlyFans was struggling to raise capital, in spite of its US$1 billion valuation. While OnlyFans is a unicorn sporting a high-profit margin, investors are not too keen on buying into the company. The reason why OnlyFans is having such a hard time finding investors is because of their not-safe-for-work (NSFW) image.
Say what you will, it’s nearly impossible to imagine a world without social media. What’s more? Social media platforms, like Twitter, Facebook and Instagram, know that. They use their popularity to their advantage, often putting national security and users at risk.
In Asia, it is now easier than ever to order groceries online and get them delivered straight to your doorstep within minutes. Delivery platforms, such as Foodpanda’s Pandamart, now offer thousands of items, including daily essentials and fresh produce from small and medium enterprises and local grocers.
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