Tech, Business, Finance and Everything Else
Most of the Lofi channels on YouTube work with or talk to Lofi artists on a daily basis and they ask if they can use their music in their videos.
If the channel is large they normally ask the artist to sign an agreement which states the channel can use the audio in their videos and keep the money from the videos.
Another amazing interview by Jason on This Week in Startups.
Domm Holland runs Fast, a one-click checkout for the entire Internet.
It seems like Domm noticed that Amazon’s one click patent expired and took advantage.
Uber and Yandex will be spinning off their self-driving car subsidiary into its own entity – MLU BV.
MLU BV will have $150 million in new capital from Yandex, including $100 million in equity and $50 million as a convertible loan.
In connection with the deal, Yandex will hold 61.7% of MLU and Uber will own 33.5%. Bloomberg reported in June that Yandex had been looking to buy all of Uber’s initial 38% stake as an alternative to taking the taxi business public. Uber merged its Russian operations with Moscow-based Yandex in 2017.
Yes – Xiaomi listed on the Hong Kong stock market under the ticker (1810.HK)
Yes – Xiaomi is a profitable company at the time of writing this article. Xiaomi generated $1.1 billion in Operating profits for the year end 2019.
Xiaomi
Xiaomi currently has more than 213.2 million smart devices (excluding smartphones and laptops) connected to its platform.
Copy writing your podcast isn’t that important. It is far more important to think about Trademarks when your podcast brand becomes valuable to make sure no one can copy you and gain from your brand.
This is a great video which very simply explains how to pay yourself from a limited company in the UK for 2020/2021.
There is very little difference between Berkshire Hathaway’s BRK.A and BRK.B shares.
BRK.B shares were created because Warren Buffett noticed that the BRK.A shares were growing considerable high is cost per share and that these shares were less obtainable by the average retail investor and could only be purchased by either very wealth individuals, unit trusts or mutual funds.
Thus, Warren decided to create BRK.B shares to provide the average investor with the opportunity to purchase shares in Berkshire Hathaway without the huge cost associated with BRK.A.
There are other very small differences, but the above is the only one that really counts.
Xiaomi is a very interesting company with a very interesting business model.
The vast majority of phone manufacturers around the world create a smartphone with a cost of around $100 and then they spend a huge amount of money on marketing and branding. The company then believes that the smartphone has a much higher percieved value – so they sell it for $400 or above.
Xiaomi doesn’t do this!
Xiaomi is aiming to sell all of its products as close as possible to their costs – as they want to have as many products available in the world as possible.
Once out in the world and being use – Xiaomi then looks to drive revenues from providing software and services around these products, which has a much higher margin that the hardware itself. Thus, driving higher demand, more product adoption and thus more revenues from services.
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.
Asana is one of the world’s most popular project and task management software (we use Asana in our office). A week ago Asana filed to go public on the New York Stock Exchange.
Instead of an IPO – Asana has elected to file for a direct listing (which means that they aren’t selling any new shares in the listing only the existing ones).
By the numbers:
Get share price down, for public companies. Still an issue today. Apple at $1000+ makes each share hard to buy for smaller investors.
Match a typical IPO share price, pre-IPO. Start-ups still like to IPO around $15-20 per share, plus or minus. This gives room for a “pop” and a share price still well under $100. If your private, pre-IPO share price is say $40, then a 2-for-1 forward split will get that down to $20, with the same economics for each shareholder and employee.
Apple and Tesla are both splitting their stock at present. This is to really drive some demand with smaller investors and allows them to have ownership over a great number of full stocks.
Wayfair has seen amazing growth over the past year to the point of growing over 250% in the past 12 months.
Why?
Coronavirus has caused a lot of people around the world to work from home and to remain at home. It seems people have been focusing on home improvements and gardening.
Nutanix shares have jumped nearly 30% as Bain Capital announce that they are investing $750 million in the company.
Nutanix is a very interesting cloud software giant that has an amazing future. However, its CEO and co-founder Dheeraj Pandey has announced that he is retiring soon.
“There is no better time for me to make this transition to a new leader who can guide Nutanix through its next decade of growth and success,” Pandey said in a statement.
Jeff Bezos is currently the wealthiest person on the planet due to his controlling stake in Amazon. (However, he has a lot of private investments also).
The wealthiest remaining Rothschild has a net worth under $2 billion. Family fortunes tend to become diluted and squandered through the generations. The Rothschild’s wealth is exaggerated by outdated, anti-semetic conspiracy theories.
Putin is certainly very wealthy, but my guess is that he couldn’t exercise full control over all the money he nominally controls without alienating his fellow oligarchs or tanking the Russian economy.
This leaves Jeff Bezos as the wealthiest person on earth.
Yes.
Spotify has very quickly become the largest player in the world for Podcasts. Spotify has been signing exclusive deals with Podcasters, buying studios and also the world’s largest distribution service specifically for Podcasts.
Spotify wants to own the audio spectrum – music, podcasts, etc (I’m sure audiobooks are next).
Yes. It has been openly stated by Mark Zuckerberg that he believes more in a work life balance compared to other entrepreneurs like Elon Musk.
It seems like everyone wants to piece of TikTok before D-Day in the USA.
Microsoft have been in talks for some time but don’t seem to be progressing.
Oracle are now reportedly in talks, but there has been no real confirmation of those talks from either side (plus I don’t know why Oracle would think that it would be a good fit to run a video consumer product).
Sequoia and General Atlantic attempted to buy a majority stake in TikTok last month, but both seem to have failed.
I think TikTok won’t be selling any stakes as it seems like they have had adequate opportunities already, but have decided not to move forward with those advances.
It going to be very interesting to see how this plays out.
Blackstone has acquired Ancestry for $4.7 billion from a group of private equity investors (Singapore’s sovereign wealth fund GIC, Permira, Silver Lake, Spectrum Equity)
Within eight years those private equity investors purchased Ancestry for $1.3 billion and have now sold for $4.7 billion. Not a bad return!
Ancestry currently has $1 billion in annual revenue from a base of more than 3 million customers who pay for its various family history services.
Zoho is a software provider that creates a huge amount of products and services.
Head to their website about page to see a full timeline of all of their main product launches.