H.E.R.O.’s Journey in Tech (10 April 2019) – Why $1.5 Billion Startup Asana Ditched Email To Prove Its Own Work Management Strategy + Eric Schmidt – Lessons from a Trillion-Dollar Coach

H.E.R.O.’s Journey in Tech (10 April 2019) – Why $1.5 Billion Startup Asana Ditched Email To Prove Its Own Work Management Strategy + Eric Schmidt – Lessons from a Trillion-Dollar Coach

Companies

• China game-streaming firm Huya launches $343 million follow-on offering (Reuters)
• Trend Micro’s IoT Joint Venture Offers a New Approach to Tackling Weaknesses in Cybersecurity (DI)
• Netwealth share price on watch as it becomes ANZ Private’s preferred supplier (MF)
• Info Edge invests Rs 6 crore in Bizcrum Infotech; ShoeKonnect is a B2B marketplace that enables footwear brands, manufacturers, wholesalers and retailers to connect and transact with each other (BS)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Samsung, Softbank

• Alibaba’s Cainiao to raise delivery fleet wages 20% within 3 years (Technode)
• SoftBank bets on Asia’s travel market with investment in Klook (Nikkei)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

• Selling with the enemy: Why rival retailers embrace Amazon.com (Reuters)
• Google Cloud’s new CEO on gaining customers, startups, supporting open source and more (TC)
• YouTube Is Developing Choose-Your-Own-Adventure Programs (Bloomberg)
• Netflix Could Actually Benefit From Increased Competition. Here’s Why. (Barron’s)

Asia Tech & Innovation Trends

• Tencent-backed plastic surgery app So-Young files for $150 million US IPO (Technode)
• Jia Yueting’s LeTV is RMB 12 billion in debt, may face delisting (Technode)
• How GitHub became a bulletin board for Chinese tech worker complaints (qz)
• No smoking, no tattoos, no bikinis: inside China’s war to ‘clean up’ the internet; While AI is used to remove banned content, many decisions are taken by humans, especially if they involve context (SCMP)
• Big data enters the fray in the war against cancer as pharmaceutical laboratories combine drugs like cocktails to kill cancerous cells (SCMP)
• Korean health care startup Sky Labs aims to launch its Cardio Tracker, or CART, a ring-type wearable device that detects a patient’s heart rhythm 24/7 using internet of things technologies. (Investor)
• Grab vs Go-Jek: Duel of digital ‘decacorns’ escalates in Indonesia; $10bn ride-hailers’ battle for food orders and e-payments threatens to leave both bruised (Nikkei)
• Cashfree, an India-based startup that specializes in making corporate banking services more accessible and easier to use, has closed a $5.5 million Series A round. (TC)
• An Asian rewards app that works with Alibaba and major online brands has snagged $45 million from Japan’s Rakuten Capital and other investors. (Bloomberg)
• Why Ola’s founder turned down a $11 billion deal with SoftBank (HBL)

Global Tech & Innovation Trends

• Why $1.5 Billion Startup Asana Ditched Email To Prove Its Own Work Management Strategy (Forbes)
• Pinterest’s ‘down round’ IPO reflects history of caution (FT); Pinterest Co-Founders to Glean Wildly Different Fortunes on IPO (Bloomberg)
• How Venmo works and what to know before you use it (MW)
• Unicorns Like Lyft Have a Ton of ‘Restricted’ Stock. Here’s Why That Matters. (Barron’s)
• Slack Is Fetching High Prices in Private Stock Deals Ahead of Public Offering (Bloomberg); Slack integration with Office 365 one more step toward total enterprise integration (TC)
• PubNub nabs $23M as its IaaS network hits 1.3T messages sent each month (TC)
• Machine Learning Will Dominate Investments, Greylock’s Sarah Guo Says. But It Won’t Be An Easy Sell. (Forbes)
• (Subscription) video killed the piracy stats (AFR)
• The Tech Disaster That Didn’t Happen; The world didn’t end when its GPS system reset. So why were so many people so prepared to believe that it would? (Bloomberg)
• Even Netflix Stock Seems Cheap Next to Roku (Bloomberg)

Life

• Eric Schmidt – Lessons from a Trillion-Dollar Coach (#367) (Tim Ferris)
• The Mastermind Behind BTS Has Built a $780 Million K-Pop Fortune (Bloomberg)