Meal kits are measured grocery items for a food recipe sent as a package to the subscribers. They were aimed at reducing the waiting periods at the stores while teaching the customers some culinary skills. This market saw a huge demand in the beginning and was predicted to change the dietary plans of the people. But now they face competition from other new brands, which may compel them to match the regular grocery stores which they had criticized. Read More>>
Monthly Archives: April 2017
THE DARK SIDE OF AI
A self-driving car was released onto the roads of New Jersey. This car , developed by Nvidia relied solely on the technology of Artificial intelligence for its operation. This event demonstrated the rising power of AI . While AI is becoming popular means for many of the present era problems , It can also be dangerous since the algorithms of this technology are so complicated that even the creators do not understand when it could go wrong. Read More>>
THIS 22-YEAR-OLD CEO WANTS TO HELP MAKE SELF-DRIVING CARS AFFORDABLE
When in high school, Austin Russell has seen that laser sensors were essential to make self-driving cars a reality. Now 22, founder and CEO of Luminar, a startup backed by PayPal and Palantir Russell has launched a new laser scanner for self-driving cars. With such a feat, Russell plans to make self- driving cars affordable by his 26th birthday. Read More>>
WHAT YOUR MOONSHOT CAN LEARN FROM THE APOLLO PROGRAM
In January , Google had closed its project to cover the earth in wifi with the help of solar- powered drones. Although this project was a high cost and high risk venture the technology which is called “moonshot” is still innovative and can be pursued by other startups. One should learn from the Apollo Program on how to make such a project a success. Read More>>
TECH STARTUPS ARE SEEING SHRINKING VENTURE INVESTMENT
Tech startups have always had a lead with investments from the venture capitalists. They hold 40 percent of the VC investments. But this time other ventures such as healthcare, industrials and energy are also experiencing an increase in investments. Does this mean the Venture investment pie for Tech startups is shrinking? Read More>>
PELOTON TECHNOLOGY FOR AUTOMATED TRUCKS THAT IMPROVE HIGHWAY SAFETY
Peloton Technology , startup technology has developed trucks which can talk and control their operations such that the danger in driving on a highway is reduced along with the fuel costs. This new technology is backed up several companies such as Intel and has raised around $60 million as funds. Read More>>
WHY UBER DOSENT FIRE ITS CEO
In a startup company the founders of the company also become the CEOs. But as the company grows these CEOs make way for the professional CEO who have the knowledge and experience in the corporate world to help the company. This decision is usually made by the board members of the company. But the board members of the Uber company say that such is only made by their founder and CEO Travis Kalanick. Read More>>
THE BEST CHEAT SHEET FOR YOUR INVESTOR PITCH DECK
There are hundreds of decks where the companies try to get someone to invest in them by pitching about their ventures. Many a times these companies make repeated mistakes on how they should present their business models which could get in the way of the company’s success. Here is a guideline on how to structure a perfect pitch to get the most investments. Read More>>
PIVOT TO BE A BETTER LEADER NOT JUST FOR A STRATEGY
The journey to running a successful business is a difficult one. Hence there is no surprise that in this journey one makes many mistakes. These mistakes are not only made in the business model selected but also the leadership qualities displayed by the founder of the company. But our pride gets in the way and stops us from admitting and amending our mistakes as a leader which can lead a company to failure. Hence we should accept the pivot to become and successful. Read More>>
HOW TO CHOOSE A STARTUP ADVISOR
Advisors form a valuable part of the company. They can provide insights on the corporate world, customer- company relations , investments and so on. But many a times advisors can do little or nothing thereby hampering the growth of a company. Here are a few points to consider when considering a formal advisor. Read More>>