Startups
What are you doing in your garage?
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| Feb 12, 2020 | » | Financing the Disadvantaged
4 min; updated Nov 29, 2022
Short Term LoansA common narrative for loan providers is financial inclusion. 69% of global adult population is not covered by credit bureaus. Using non-traditional data (e.g. text messages, location, contacts, call logs), more people can get scored. |
| May 20, 2020 | » | Unorthodox Startups
1 min; updated Sep 5, 2022
Innovation Africa & Water AvailabilityBring in Israeli solar panels and drip irrigation. Pump water from the large reservoirs below. Cost $7,000. Adapting to community: 6-8 weeks on committees, bank accounts; mobile charging stations and barbershops using solar panels for sustainability. Can’t sell the water, but you can subsidize it with complementary products. Set up remote monitoring with real time stats in order to schedule maintenance. Honorable MentionsPush Party by MSCHF is valued at $200m, led by The Founders Fund. ... |
| Jul 5, 2020 | » | Startup Ideation
4 min; updated Sep 5, 2022
How to Get Startup IdeasErr on the side of having competitors, but make sure that you have a thesis that everyone else is overlooking, e.g. Google wasn’t averse to users leaving The Startup Idea Matrix, ( B2B Edition , B2C Edition ) is a good start for knowing who to google. Big companies tend to be slow at changing their approach. You’d think that Yahoo! would clean up their landing page the moment they realized Google was becoming a dominant search engine. ... |
| Dec 18, 2020 | » | Lean Startups vs. VC Money
2 min; updated Sep 5, 2022
20 years later, JetBrains is valued at $7b without taking VC money. HN users praise JetBrains for being user-focused, and the prevailing argument is that VC money comes with growth-hacking attached. Is the Lean Startup Dead?Katzenberg (Paramount, Disney Studios & DreamWorks) has raised $1.75b for NewTV, a startup banking on consumers wanting a subscription for 10-minute programs on mobile. They renamed to quibi.com/ . At least that makes them more searchable on Google. “NewTV” searches lead to newtv.org , a community media center for the residents of Newton, Massachusetts. ... |
| Mar 13, 2019 | » | On Starting a Business
(4 items)
Projects That Never Made It; Lean Startups vs. VC Money; Startup Ideation; Unorthodox Startups; |
If only \(x\%\) of people pay you back, then \(\frac{x}{100}(1 + r) \ge 1 \) suggests \(r \ge \frac{100}{x} - 1 \). If \(75\%\) tend to pay back, \(r = 33\frac{1}{3} \%\).
If the rate is actuarily fair and is conveyed clearly to borrowers, is there a moral issue? If your math says lots of people will default and you choose to go ahead anyway, what does that make you?
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