How first-time CEOs can hire top talent: BigCommerce co-founder and Young Rich lister Eddie Machaalani

March 9, 2014 Leave a comment

How first-time CEOs can hire top talent: BigCommerce co-founder and Young Rich lister Eddie Machaalani

Published 05 March 2014 11:24, Updated 05 March 2014 15:09

Eddie Machaalani

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Eddie Machaalani (left) and Mitchell Harper, co-founders of BigCommerce. Photo: Nic Walker

Every start-up founder knows, or should know, that you’re only as good as the people on your team. Hiring the best people you can for the stage of your company is imperative for growth and building a great business. Question is, how do you know you’ve found the right person? Read more of this post

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Watching the watchdog: Serious questions have been raised about insider trading by employees at the US Securities and Exchange Commission

March 9, 2014 Leave a comment

Watching the watchdog: Insider trading allegations against US Securities and Exchange Commission employees

March 5, 2014 – 5:33PM

Bianca Hartge-Hazelman

Serious questions have been raised about insider trading by employees at the US Securities and Exchange Commission with academic research pointing to a long history of profitable deals ahead of off limit trading periods. Read more of this post

Filed under Macro Trends

A Q&A With Ben Horowitz On His New Book, “The Hard Thing About Hard Things”

March 9, 2014 Leave a comment

A Q&A With Ben Horowitz On His New Book, “The Hard Thing About Hard Things”

Posted yesterday by Leena Rao (@leenarao)

Ben Horowitz’s new book on entrepreneurship and company building, The Hard Thing About Hard Things: Building A Business When There Are No Easy Answers, is officially out, and it’s the polar opposite of many of the management books CEOs and founders are advised to read (you can read our review of the book here). We also sat down with Horowitz to talk about his inspiration, his honesty, what surprised him about writing the book and more. Read more of this post

Filed under Life

How Independent Media Around The World Can Flourish

March 9, 2014 Leave a comment

How Independent Media Around The World Can Flourish

Posted yesterday by Catherine Shu (@catherineshu)

Independent media has historically faced an uphill slog. Before the Internet, organizations had to deal with printing costs and very limited distribution networks. Web 2.0 gave them new outlets, but did not necessarily help publications grow readership or attract sponsors. Read more of this post

Filed under TMT Trends

The New Age Of The Security Startup

March 9, 2014 Leave a comment

The New Age Of The Security Startup

Posted yesterday by Jonathan Shieber (@jshieber)

Last month Apple disclosed and fixed a massive bug in its operating system that left users’ information exposed to theft; faith in the cryptocurrency Bitcoin is eroding; and revenues at the retailing giant Target fell 46% on a quarterly basis over the Christmas season last year, all because of security breaches. Read more of this post

Filed under TMT Trends

How Modern Marketplaces Like Uber And Airbnb Build Trust To Achieve Liquidity

March 9, 2014 Leave a comment

How Modern Marketplaces Like Uber And Airbnb Build Trust To Achieve Liquidity

Posted 23 hours ago by Anand Iyer (@ai)

Editor’s note: Anand Iyer is the Head of Product at Threadflip. Previously, he was co-founder and CTO of Hitpost, acquired by Yahoo, and managed product at IGN Entertainment and Microsoft. This post also ran on First Round Review. Follow him on Twitter. Read more of this post

Filed under TMT Trends

The Father Of 3D Printing Is Being Inducted Into The National Inventors Hall Of Fame

March 9, 2014 Leave a comment

The Father Of 3D Printing Is Being Inducted Into The National Inventors Hall Of Fame

Posted 19 hours ago by Greg Kumparak (@grg)

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With all the hubbub surrounding 3D printing as of late, it’s easy to think of it as something new. Something that, before 5 or 6 years ago, only existed in Sci-Fi novels. Read more of this post

Filed under TMT Trends

The PC Market And The 300 Million Mark

March 9, 2014 Leave a comment

The PC Market And The 300 Million Mark

Posted 19 hours ago by Alex Wilhelm (@alex)

Today IDC predicted that the PC market will contract by 6% in 2014, and will continue to decline at least into 2018.

Unit volume according to IDC would slip from 315.1 million units in 2013, to 291.7 in 2018. The figures include traditional PCs — laptops, desktops, and so forth — but exclude Surface devices, Android tablets, and iPads. Read more of this post

Filed under TMT Trends

Walmart Planning E-Commerce Marketplace To Enter India, Challenge eBay, Amazon

March 9, 2014 Leave a comment

Walmart Planning E-Commerce Marketplace To Enter India, Challenge eBay, Amazon

Posted 12 hours ago by Pankaj Mishra (@pankajontech)

India’s e-commerce industry is on fire. After eBay doubled down on its India play by investing $133 million in Snapdeal a week ago, the world’s biggest retailer, Walmart, is now looking to build a marketplace for tapping into the country’s e-commerce industry, which is expected to grow sevenfold to $22 billion over next five years. Read more of this post

Filed under TMT Trends

Distorted economy dooms China to an “airpocalypse”

March 9, 2014 Leave a comment

Distorted economy dooms China to an “airpocalypse”

Patricia Adams, Special to Financial Post | March 4, 2014 | Last Updated:Mar 5 8:44 AM ET
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With China’s economy operating under perverse incentives, China’s leaders, now assembled in Beijing, will be powerless to clean up its environment Read more of this post

Filed under Macro Trends

LoginRadius founder sees huge growth opportunity in linking websites to social media

March 9, 2014 Leave a comment

LoginRadius founder sees huge growth opportunity in linking websites to social media

Quentin Casey | February 27, 2014 | Last Updated: Mar 3 11:37 AM ET
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Rakesh Soni and Deepak Gupta were fast friends through high school Jaipur, India, before heading in different directions for university. Both pursued master’s degrees in North America — Mr. Gupta at the Illinois Institute of Technology in Chicago, and Mr. Soni at the University of Alberta in Edmonton. They eventually co-founded a web startup and spent money attempting to bring traffic to it. The effort failed, but the problem inspired LoginRadius, their fast-growing Edmonton-based internet startup founded in 2012. Read more of this post

Filed under TMT Trends

Accessible luxury snaps at heels of mega brands

March 9, 2014 Leave a comment

Accessible luxury snaps at heels of mega brands

11:59am EST

By Astrid Wendlandt and Brenda Goh

PARIS/LONDON (Reuters) – While Gucci and Louis Vuitton blame slumping sales on their upmarket drive they argue will help them regain some of their lost glory, there is growing evidence they are losing out to newer, more affordable luxury brands. Read more of this post

Filed under Innovation

The promise that each generation will be better off than the last is a fundamental tenet of modern society. But will future generations, particularly in advanced economies, realize such expectations?

March 9, 2014 Leave a comment

KENNETH ROGOFF

MAR 4, 2014

Malthus, Marx, and Modern Growth

CAMBRIDGE – The promise that each generation will be better off than the last is a fundamental tenet of modern society. By and large, most advanced economies have fulfilled this promise, with living standards rising over recent generations, despite setbacks from wars and financial crises. Read more of this post

Filed under Macro Trends

Gov’t to levy tax on ‘jeonse’ deposit of multiple home owners

March 9, 2014 Leave a comment

Gov’t to levy tax on ‘jeonse’ deposit of multiple home owners

Lee Geun-woo, Shin Hyun-gyu

2014.03.05 17:43:46

Home proprietors who own two or more houses will be paying tax on lump-sum housing rent deposit ‘jeonse’ income from 2016. The government will impose income tax equivalent to banks’ interest rate on the combined jeonse deposit in excess of 300 million won ($280,157), in addition to taxation on monthly rental income.  Read more of this post

Filed under Macro Trends

The benefits-and limits-of decision models; Big data and models help overcome biases that cloud judgment, but many executive decisions also require bold action inspired by self-confidence. Here’s how to take charge in a clear-headed way

March 9, 2014 Leave a comment

The benefits—and limits—of decision models

Big data and models help overcome biases that cloud judgment, but many executive decisions also require bold action inspired by self-confidence. Here’s how to take charge in a clear-headed way. Read more of this post

Filed under Life

The strength of ‘weak signals’: Snippets of information, often hidden in social-media streams, offer companies a valuable new tool for staying ahead.

March 9, 2014 Leave a comment

The strength of ‘weak signals’

Snippets of information, often hidden in social-media streams, offer companies a valuable new tool for staying ahead.

February 2014 | byMartin Harrysson, Estelle Métayer, and Hugo Sarrazin

As information thunders through the digital economy, it’s easy to miss valuable “weak signals” often hidden amid the noise. Arising primarily from social media, they represent snippets—not streams—of information and can help companies to figure out what customers want and to spot looming industry and market disruptions before competitors do. Sometimes, companies notice them during data-analytics number-crunching exercises. Or employees who apply methods more akin to art than to science might spot them and then do some further number crunching to test anomalies they’re seeing or hypotheses the signals suggest. In any case, companies are just beginning to recognize and capture their value. Here are a few principles that companies can follow to grasp and harness the power of weak signals. Read more of this post

Filed under Life

NAVER unseats SK Hynix as fourth-largest listed company in Korea

March 9, 2014 Leave a comment

NAVER unseats SK Hynix as fourth-largest listed company

2014.03.05 17:13:11

NAVER overtook SK Hynix to become South Korea’s fourth biggest company in terms of market capital.
Shares of NAVER closed at 852,000 won, off the intra-day’s high of 857,000 won, Wednesday on the country’s main bourse KOSPI, up 3.65 percent from the previous close.  Read more of this post

Filed under Macro Trends

Wearable device market poised for ‘big bang’

March 9, 2014 1 Comment

Wearable device market poised for ‘big bang’

Sohn Jae-gwon, Hwang Ji-hye

2014.03.05 17:46:58

Epson Korea, a company well-renowned for color printers and projectors, showcased a smart glasses powered by Android OS at a local movie theater CGV in Cheongdam-dong, Seoul, in the morning of Wednesday. The smart glasses’ display can be put on a head and its wearer can watch a movie while lying down.  Read more of this post

Filed under TMT Trends

Next frontiers for lean: Lean-production techniques have been revolutionizing operations for 50 years. Advances in technology, psychology, and analytics may make the next 50 even more e

March 9, 2014 Leave a comment

Next frontiers for lean

Lean-production techniques have been revolutionizing operations for 50 years. Advances in technology, psychology, and analytics may make the next 50 even more exciting. Read more of this post

Filed under Life

Regulator invites foreign companies to pension market

March 9, 2014 Leave a comment

2014-03-04 16:47

Regulator invites foreign companies to pension market

By Na Jeong-ju, Park Ji-won

Financial Supervisory Service (FSS) Governor Choi Soo-hyun said Tuesday that the country’s aging population will provide new business opportunities for foreign financial firms operating here. Read more of this post

Filed under Macro Trends

At 91, Samyoung Chemical founder Lee Chong-hwan giving it all away

March 9, 2014 1 Comment

At 91, Samyoung Chemical founder giving it all away

Mar 05,2014

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Lee Chong-hwan Honorary chairman of Samyoung Chemical

Lee Chong-hwan, the honorary chairman of Samyoung Chemical, is well known for being tight with money. When we met, he was wearing a jacket that looks like he must have had it on for more than 10 years. On his wrist was an old, cheap watch.  Read more of this post

Filed under Innovation

Creditors for Pantech, Korea’s third-largest smartphone maker, agreed to let the ailing company enter a second corporate bankruptcy workout program.

March 9, 2014 Leave a comment

Pantech creditors agree to new workout program

Mar 06,2014

Creditors for Pantech, the nation’s third-largest smartphone maker, agreed yesterday to let the ailing company enter a second corporate workout program. Debt repayment was postponed for three months, during which the company will enter into discussions with creditors to determine what, if any, support they are willing to provide.
The agreement was reached yesterday during a meeting at the Yeouido headquarters of the Korea Development Bank, Pantech’s biggest creditor.  Read more of this post

Filed under Life, Macro Trends

A pair of brothers have become joint billionaires overnight as mainland webgame developer Forgame (0484) invested US$70m to acquire 20% stake in their firm, which developed the popular free mobile game Tower of Saviors

March 9, 2014 Leave a comment

Gamers tower as new billionaires 
Imogene Wong
Wednesday, March 05, 2014
image001-16It means the game developer, owned by Terry Tsang Kin-chung and younger brother Terence Tsang Kin-ho, who are in their early 30s, is worth an estimated HK$2.6 billion, compared to its net profit before taxation and extraordinary items of HK$46.7 million in 2013.A pair of brothers have become joint billionaires overnight as mainland webgame developer Forgame (0484) invested US$70 million (HK$546 million) to acquire a one-fifth stake in their firm, which developed the popular free mobile game Tower of Saviors. Read more of this post

Filed under Macro Trends, TMT Trends

Li Ka-shing plays waiting game in China’s property market

March 9, 2014 Leave a comment

Li Ka-shing plays waiting game in China’s property market

Staff Reporter

2014-03-05

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Li Ka-shing attends a press conference announcing Hutchison Whampoa’s annual financial report in Hong Kong, Feb. 28. (Photo/Xinhua) Read more of this post

Filed under Macro Trends

Companies pile in to build EV charging posts in China

March 9, 2014 Leave a comment

Companies pile in to build EV charging posts in China

Staff Reporter

2014-03-05

Large electric-car charging pile constructors, operators and equipment suppliers are tapping into opportunities offered by numerous local governments in China, unveiling plans to construct electric car charging facilities in their localities, although small companies are still hesitant to venture into the sector, Shanghai’s China Business News reports. Read more of this post

Filed under Macro Trends

Private firms in China hungry for bigger role; “We hope the government will remove all glass ceilings that block equal participation and fair play in the market to energize the private sector”

March 9, 2014 Leave a comment

Private firms hungry for bigger role

 

BEIJING, March 5 (Xinhua) — Money, technology and talent are seldom in short supply for Liu Yonghao, head of China’s largest animal feed producer. However, “the king of animal feed” is constantly hungry for imported original materials. Read more of this post

Filed under Macro Trends

Hanssem will open its sixth flagship store in Mokdong, western Seoul, Thursday, to brace for the arrival of IKEA and solidify its leadership in the domestic market

March 9, 2014 Leave a comment

2014-03-05 19:33

Hanssem store to vie with IKEA

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Hanssem’s new flagship store in Mokdong, western Seoul

By Park Ji-won
Hanssem will open its sixth flagship store in Mokdong, western Seoul, Thursday, to brace for the arrival of IKEA and solidify its leadership in the domestic market. Read more of this post

Filed under Macro Trends

The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

March 9, 2014 Leave a comment

The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

by Ben Horowitz  (Author)

Ben Horowitz, cofounder of Andreessen Horowitz and one of Silicon Valley’s most respected and experienced entrepreneurs, offers essential advice on building and running a startup—practical wisdom for managing the toughest problems business school doesn’t cover, based on his popular ben’s blog. Read more of this post

Filed under Life

Yelp and others involved in online reviewing say medical professionals are increasingly being caught faking customer reviews

March 9, 2014 Leave a comment

MARCH 4, 2014, 9:30 AM  3 Comments

Physician, Review Thyself

By DAVID STREITFELD

image001-2MedRite Urgent Care in Manhattan has come under Yelp’s scrutiny for soliciting fake reviews. Read more of this post

Filed under Health

A Conversation With Venture Capitalist Ben Horowitz on the ‘Hard Things’

March 9, 2014 Leave a comment

MARCH 4, 2014, 12:01 AM  3 Comments

A Conversation With Venture Capitalist Ben Horowitz on the ‘Hard Things’

By NICK BILTON

Andreessen HorowitzBen Horowitz, the co-founder and general partner of Andreessen Horowitz, has written a book about management and start-ups. Read more of this post

Filed under Life

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