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Whether you’re reading an Vietcetera post, catching an Uber or riding a motorbike of DATBIKE, you use services and products from venture capital-backed companies every day. Yet, the average person is unlikely to know much, if anything, about this world. As an investor, or startups, let’s explore with primus about the advantages that venture capital funds bring, and the top 6 venture companies in Vietnam. What is venture capital? Venture capital is a form of financing where capital is invested into a company, usually a startup or small business, in exchange for equity in the company. It is also a
In its latest tech IPO, workplace management software company Monday.com closed its first trading day with a bit of uncertainty. Bringing Monday.com’s market capitalization to about $7.6 billion and making co-CEO Roy Mann a billionaire. In addition, this also helped Salesforce and Zoom make a profit of $ 23 million. So what’s interesting about them? What’s Monday.com? Monday.com is an Israeli company, founded in 2012 and developing a project management tool called Work OS. Originally called dapulse, it was launched in Tel Aviv, where Mann was the chief executive of Wix looking for a better way to manage his team
The global electric vehicle (EV) market is witnessing significant growth in the coming years as electric vehicle adoption rates rapidly escalate year-over-year across the globe. Therefore, this is considered a potential market for giants to invest in, typically Tesla. Most recently, Foxconn and Vingroup have also entered this new market. Terry Gou, founder of Foxconn. Simon Song/ South China Morning Post via Getty Image What is Foxconn? Foxconn is the world’s largest electronics contract assembler. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide. In order to strengthen the technology race, Foxconn began discussions
The restaurant industry is changing fast and technology is the driving force. And amidst it all, a new trend is emerging – restaurant companies have started investing in tech companies, and even buying them outright. Why are they doing this? Let’s find your answer in this article. Technology is becoming so important in the restaurant space that there is something of an arms race going on as both large and small chains strive to make their establishments more tech-savvy and compete for the wallet of the modern customer. From a competitive standpoint, it certainly makes a lot of sense. As
“No ads! No games! No gimmicks!” – A simple principle which made a small messaging application win over giants like iMessage, WeChat, Facebook Messenger, Snapchat, and many others – while being built by a crew of just 55 employees. Whatsapp’s success needs to be heard as it is not like any usual startup story where the founders had an idea which made them drop out from colleges, build a team, and get pre-seed funding from a giant. WhatsApp was conceptualized not by college students but by people who were in their thirties with a stable job. The story of Whatsapp
Many entrepreneurs have passed through Microsoft in the company’s 45-year history. A Seattle-based economist Microsoft once hired to study its economic impact estimated that the company had helped create 10,000 millionaires by the year 2000. Some of them became philanthropists, went to space, bought sports teams, or helped launch popular products including the Cranium board game and Cabbage Patch Kid dolls. A few even founded billion or multibillion-dollar companies like Chinese electronics giant Xiaomi, video game developer Valve, and hot startups like UIPath, Convoy, and Auth0. Let’s have a look at a list of 13 notable ex-entrepreneurs who spent many
Lesson 3: Designing the customer experience from the outside If the goal of digital transformation is to improve customer satisfaction and intimacy, then any effort must be made before an analysis phase with input from customers. Employees of the Santa Clara County Department of Planning and Development have conducted more than 90 individual interviews with customers, in which they ask each customer to describe the strengths and weaknesses of the parts. To meet applicants’ requirements for greater transparency in the application licensing process, departments have divided the process into stages and changed the portal depending on the applicants. Applicants can
