Super apps are those platforms that offer all online services in one app for smartphones, they include services like messaging, ordering food, banking, shopping and even booking a taxi. Wechat that’s called the “King of Super Apps” has been dominating the Chinese market and has more than one billion users that use it every month, it has extra features such as gaming and publishing. In Southeast Asia, Singapore-based Grab and Indonesia’s Gojek are competing to mimic Wechat’s model of success. Although these super apps are proven to be a great success in developing economies its intriguing that their presence is not felt in large and well-established economies such as the United States and Europe. Read More>>
Tech startups deal with software, cloud computing and mobiles. on the other hand, Hard tech startups are mostly concerned with materials, energy and Lifesciences. It is shocking that the criterions governing the success of both are completely different and thus a basic playbook cannot be used for both categories by an entrepreneur. However, in the past decade, tech startups have followed a particular trend in order to remain successful such as;
- Building products that fit into the big market by taking advantage of the rising smartphone market and also cloud computing technologies.
- Putting together a team of engineers, managers and designers to facilitate lean software development and growth methodologies.
- Using the right mix of “Tried and true” as well as the “out of the box” business strategies in order to expand larger and faster with the assistance of right executives.
Although it sounds really simple, it is extremely difficult to implement them and the pattern is completely different for Hardtech startups. Read More>>
The pitchbook data says US-based startups have raised $66 billion in venture funding in the first quarter of 2019 putting the market on track to surpass the $100billion mark by the end of 2019. However, there has been a considerable decline in the VC acquisition in Angel and seed-stage rounds, thus raising the question for all startups as to what is the right time to get investors and how to pick the right investors or partners. here are some perspectives shared by some leading early-stage venture capitalists that will help you have a better insight about VCs.Read More>>
1. Keep the pitch short and Focused:
Timing is crucial so take lesser time to pitch to make it better.
2. Turn your Pitch into a story
This is the best way to captivate your listener’s attention.
3. Explain exactly what is unique about your product or service:
Go back to the drawing board, if your product or service is not unique compared to the one already in the market.
4. Explain who your target audience is:
Use Demographics and psychographics to pinpoint your target audience.
5.Explain how you are going to obtain these customers:
Proposed Marketing/campaigning ideas, technique and methods to be included in the pitch.
NewtonX is a NYC-based firm that helps companies to connect with top experts in a range of fields through their unique search engines platform. Designed by entrepreneurs for entrepreneurs, NewtonX uses artificial intelligence to pair companies with ressources based on their needs. The firm announced a Series A funding of up to $15 Million in total. Read More >>
After not even two years of existence, startup Orbit Fab, using processes and equipment it developed itself, successfully supplied water to the International Space Station, a first for a private company. This technology demonstrated a vast area of application as the method can be used not only for water but for the other common propellants as well. This makes it possible to refuel satellites in orbit. Orbit Fab could be a key to true commercialization of space. Read More >>
Global Energy Transmission’s new drone recharging technology has a lot of value for the energy and infrastructure inspection industries. Indeed, the company’s new technology uses electromagnetic field to charge drones in flight. With a max power transfer rate of 12kW within a charging area of 8m, the Get Air system claims to have a transmission efficiency up to 80%. Leonid Plekhanov, founder of the firm believes that the wireless charging technology would be ideal for inspecting oil, gas pipeline infrastructures. The company is currently under a series of temporary waivers from the FCC and hopes to be approved to sell it to customers. Read More >>
Google over the last decade has completely taken over the internet. Anyone or any company that has tried to put their stake in has immediately been shut down. However, Presearch, a 2017-founded, pro-privacy blockchain-based startup that’s using cryptocurrency tokens as an incentive to decentralize search hopes to loosen Google’s grip. As far as users, Presearch has just passed a million registered users — and says monthly active users for its beta are ~250k. For now, Google remains dominant in search but for how long can this dominance really last? Read More>>
The newest of the cadre of robots being deployed into extreme conditions comes out of UC Berkeley’s Skydeck Accelerator from a company named Squishy Robotics. Devin Coldewey of TechCrunch.com writes that the company went public recently at the Robotics + AI Sessions event hosted by TechCrunch, and that the inspiration for the company came from the need for on the ground reconnaissance of extreme situations where first responders can potentially lose their lives. The robot uses a proprietary “tensegrity structure” — technology based off of a complex web of cable-activated rods. Read More>>