Tech Startup Bloom Energy Going Public Despite Huge Losses
Mexicans excited about their national soccer team’s upset victory over Germany trigged an earthquake early warning system. The country’s Institute of Geological and Atmospheric Investigations reported that crowds triggered two sensors in Mexico City in the seven seconds after star forward Hirving Lozano scored a go-ahead goal. Sometimes those much hyped new features in tech gadgets are just that. Chinese tech manufacturing giant Foxconn is establishing a North American headquarters in Milwaukee, Wis. The new center, which will employ 500 people, is about 30 miles away from Foxconn’s planned $10 billion LCD display panel factory.
Rumored and confirmed, for the next batch of iPhones. Apple will continue relying on LCD displays for most devices next year, not switching over to more OLED screens due to high costs, the Wall Street Journal reports. In a confirmed report, Apple is also improving the way iPhones send a caller’s location during a 911 emergency call. Apple also got Oprah Winfrey in a deal to produce content for its still unnamed and unannounced video streaming service. The cutting edge EOS digital blockchain, intended as a competitor for ethereum, launched its service platform last week.
After raising $4 billion selling EOS tokens, the system should be able to let developers create smart contracts and other blockchain-related applications while processing transactions more quickly than ethereum. Chances that the agency led by chair Ajit Pai disapproves the deal are less than the odds of Tunisia winning the World Cup. The real action will likely be at the Justice Department.
What is the perfect startup team?
Speaking of roles, I’ve listed the most important ones every startup must have. The chief executive officer is usually the leader in the startup team. Every successful tech startup must have ‘the dreamer’ as part of it and the person that is always willing to believe in the idea – regardless of how many people out there say it has no future or it is a total failure. A clear vision is what every tech startup needs to establish from the very start. The CTO, Labeled As ‘The Doer’.Chief technical officers are a must-have in every tech startup.
Simply put, having a CTO in a tech startup is obvious just because of the level of complexity and technology involved. In the same time, the ‘hustler’ is among the most important roles at each stage of the tech startup. In the beginning – the CSO can also be the sales guy in the startup. If the startup is turning into a company later on, someone should be appointed to that role accordingly. What every chief marketing officer in a successful tech startup must know is how to make the product or service the most unique out there – and how to spread the word about it in the best way possible.
In a world full of startups and ideas, there must be a person who knows how to pull the ropes, connect the dots and give as many shout-outs as possible when introducing a tech startup to the digital marketplace. All tech startups nowadays are in need of a connector in order to foster a network of crucial contacts and connections that will help them build relationships with customers and eventually get major investments and help their startup grow.
Why do Indian Startups Fail?
This time the topic is with regards to Indian startups. The reason that I am particularly writing about startups is because a very large number of students are opening their startups or are joining existing startups after graduation. Typically most startups are founded by students right after college or young professionals. Since most startups are internet based, the chances of competition are very very high because the internet nullifies geographical distances. Here again, Indian startups are very different from their western counterparts.
This morning I was watching a documentary on TV. They showed statistics, which showed that an overwhelming number of western startups begin with funding from friends and family, whereas Indian startups get money from angel investors. To make Indian startups actually work, it is necessary to add more constraints to the money supply. It is true that some startups get sold for massive sums, and even some Indian startups are on that list. Startups from India have low visibility, and getting sold to Silicon Valley biggies is not as easy as American startups.
Most of the time, the founders of Indian startups are business school graduates who might have worked in top finance/consulting companies, or are technical people without any interest in technical work. There is a big divide in India between different classes of institutes, and startups would often find otherwise sincere students that lack sufficient practical skills. There is a big difference in the success rate between an Israeli or American startup and an Indian startup.
5 Biggest Challenges All Healthcare Tech Startups are Facing in India
Healthcare tech-startups are the new big thing today considering the huge potential in the sector. Offline healthcare system has mostly been disconnected with the digital world. The five biggest challenges that all healthcare tech-startups are facing in India can broadly be the listed -. The competition may not be tough but very few startups are able to survive the sluggish pace of growth in the industry. Complex Industry – The industry does not give enough freedom to express oneself and that’s where innovative thinking takes precedence.
General association of healthcare industries is with the government and the government levies a lot of rules and regulations. They do not even have the time to look up to the digitized healthcare systems. With very few startups in the healthcare space today, there are very few business models to draw reference from. The social angle associated with the industry is one of the major root cause that its tough to monetize in healthcare and education. Lack of healthcare mentors in India – Right mentors are an essential aspect of any start-up that are mostly unavailable.
In recent times with a flurry of health apps coming to the fold with promise and a result oriented approach, the trend in healthcare industry is truly changing for the better. The healthcare ecosystem is up for a holistic makeover.