1. Don’t bother creating any kind of cash flow model, because it’s bullshit, right? 2. Overestimate the value and volume of the “data” that you’ll collect when lots of users are on your platform. 3. Assume that lots of users will be using your platform when you don’t even have a good plan to get […]
German publisher Axel Springer acquires Business Insider in a whopping $442 million deal, accelerating its push into English-language content. Axel Springer is a Berlin-based publisher best known as the owner of newspapers Die Welt and Bild, already owned 9 percent of the company, and Amazon CEO Jeff Bezos, who had previously put his own money […]
It was 2007 and our business was in trouble. Unique Photo®, during the 20 previous years, had been one of the largest distributors of photographic supplies including film (35mm, 120/220, Polaroid, Kodak, Fujifilm, etc.), cameras, photo paper, chemistry, and accessories. At one time, we represented 5% of all rolls of film sold in the United […]
Self-proclaimed ethical hacker, Ankit Fadia, has been allegedly appointed as one of the brand ambassadors for Prime Minister Narendra Modi’s Digital India initiative. On his Facebook page Fadia posted a photo of a certificate issued by the department of electronics and information technology, which states that he is a brand ambassador for the Digital India […]
The Chief Operating Officer (COO) of Snapdeal Rohit Bansal has praised Prime Minister Narendra Modi’s visit to the Silicon valley, and said that the visit will create trust and give a vote of confidence to investors wanting to invest in India.
India-born Google CEO Sundar Pichai on Thursday took to YouTube to back Prime Minister of India, Narendra Modi’s ‘Digital India’ campaign focused on connecting 1.2 billion people in the country and said his company would play its part in supporting the initiative.
Furdo, an interior design startup based in Bangalore, has managed to raise $400K in Angel round of investment, from Bobby Reddy of Indus Homes Pvt. Ltd. Founded by Kiran Singh, Arvind Prakash Singh and Ishwar Sundararaman, Furdo is an e-commerce platform for interior designs, which helps new-home buyers ‘Virtually Walk’ in their interior designed homes […]
Do you know Why Snapchat CEO Evan Spiegel rejected facebook $3 billion dollar’s offer? Because He knows that Snapchat had an edge over facebook in video content.
A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Now you can match a big company with […]
What comes to your mind when you think about companies like Webvan, Dodgeball, Pets.com, Kozmo.com, and WebTV? All were pioneers in their markets in many ways, but all were—in some respects, anyway—failures. In the business world, it’s the unlucky fate of certain companies to serve as proof, or even punchlines, about how ambitious technology companies […]
The e-commerce bubble is likely to burst sooner than later as businesses run on profits and not on ideas, former MD of Network18 Raghav Bahl said. “The bubble is going to burst. History has been witness to this time and again. For the past 100 years, these bubbles have been created from the Tulips, to […]
The former Indian captain Sourav Ganguly is well known for his television show Dadagiri and now become the face of an upcoming Bengali business reality show Egiye Bangla – apni jokhon entrepreneur. The request came from none other than Chief minister of Bengal Ms. Mamata Banerjee. The show is being sponsored by Bengal government, as […]