Categories
Business

Investors With Inflated Ego

Do you need to have a big ego to be an investor?

I have had an experience for a long time now with one investor who for the most part is your perfect type of investor (silent and then helps when required). However, the only problem is that they tend to over inflate their involvement to everyone they know (even to the point of flat out lies), which then end up making their way back.

Why?

Why can’t some people just be happy with what they have? Why can’t they simply say they have got the best investment of their lives and they didn’t even need to do anything apart from be in the right place at the right time with a little bit of money at Seed stage?

Categories
Tech

Venture Capital is a Game of Outliers – Here are the Numbers / Chances of Success

Venture Capital by Numbers:

Venture Capital business is 100% a game of outliers

  • 4000 venture fundable businesses per year
  • 200 will get by top tier Venture Capital
  • 15 will some day get to $100 million in revenue
  • Those 15 – provide 97% of all the returns for the entire Venture Capital category for the year.
Categories
Business

Companies Get Harder as they Get Larger (not easier)

It’s funny… when you start a company you think the larger it gets the easier it is going to be – as you’re able to start handing off jobs and deligate your team.

However, no one really explains to you the larger it gets the harder it actually gets.

Yes.. you can hand off those jobs to the other members in your team and they can take complete autonomy over the decision making, but there are all the little things that no one ever talks about – culture, strategy, team structure, heirarchy, wages, policies on pretty much everything from HR to Finance.

Sometimes a lifestyle business in which the owner can have an amazing lifestyle really is the best way to go!

Categories
Tech Video

Justin Kan – Killing it on YouTube with his Business Tips

Justin Kan (Co-founder of Twitch and Justin.tv) has started to vlog on YouTube with handy business tips. Justin has had a lot of adventures with Twitch and beyond and its great to see him giving something back.

Plus, these videos are actually entertaining, short, and provide a recap at the end (which is great).

Keep up the good work Justin!

Categories
Business Tech

Coinbase Valued at Over $100 billion – You Have to Be Kidding Me (From $8 billion to $100 billion in a year)

Coinbase is looking to go public very soon and its valuation in the secondary markets has just gone over $100 billion.

Coinbase’s valuation over the years:

  • 2016 — $500M
  • 2017 — $1.6B
  • 2018 — $8B
  • 2020 — $100B

Coinbase reported revenue of $530M for 2019 and $691M for the first nine months in 2020. The company posted a net income of $141M between January-September 2020, up from a loss of $30M in overall 2019. Notably, these numbers don’t include 2021, when the Bitcoin price surged more than 90% YTD.

Categories
Tech

DJI on the Banned US Trade List – Wont Affect the Company Day to Day

The US Commerce Department recently announced that DJI is now on the US Trade Ban list.

DJI has since come out and stated that Americans will be able to continue to buy and use its products “normally” despite the companies presence on the list.

This ban only affects the companies from purchasing parts from American companies, so I’m assuming DJI saw this ban coming and already had a plan B supply chain in place ready to go at any time.

I’m not entirely sure how a drone company is helping to support human rights abuses in China. It seems like if this is the case then all Chinese companies will be in the same position!

Categories
Tech

Can Companies See Page Followers on Linkedin?

Yes.

Companies are now able to see their page followers on their Linkedin company pages by going to their company page > Analytics and then See Followers.

This is a feature that has been requested for a very long time and it’s great to see that Linkedin have listened and finally added this feature.

Categories
Business Stock Market

Warren Buffett’s Berkshire Hathaway Energy Acquires Dominion Energy’s Natural Gas Transmission and Storage Business for $9.7 billion

It has been confirmed that Berkshire Hathaway Inc’s energy unit will acquire Dominion Energy Inc’s natural gas transmission and storage business for $9.7 billion.

This puts Berkshire Hathaway Energy into a very strong position in the market.

Potentially, this is why Warren Buffett has been holding onto an extra large cash sum? Maybe not.

Categories
Business

Elon Musk – University Speech – Life Advice to Change Your Outlook

I found myself stumble across this video and this is one of the best speeches I have heard in a while.

It made me step back and ponder.

I hope it does the same for you. Enjoy!

Categories
Business Tech

SpaceX Bought An Entire Village When Setting Up Their Original Space Port

Very interesting video about SpaceX and how they purchased a very small village called Boca Chica for their original space port.