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Startup Pedia

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Anupam Mittal Says the World Is Designed to Take Away All Your Money!

  • Shaadi.com CEO Anupam Mittal shares insights about money.
  • Mittal believes that making money is not tough, but keeping it is a challenge.
  • He explains that the Universe will create means for you to spend every dime you make.
  • Mittal emphasizes the importance of investing in oneself to become a wealth creator.

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Inc42

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Zypp Electric’s Revenue Zooms 2.7X, Nears INR 300 Cr Mark

  • Delhi NCR-based EV two-wheeler startup Zypp Electric's operating revenue surged 2.7X in FY24, reaching INR 292.7 Cr.
  • The startup generates revenue by renting its two-wheeler EVs to delivery executives of ecommerce startups, working closely with Swiggy, Zomato, BigBasket, among others.
  • Despite the increase in revenue, Zypp Electric's net loss surged to INR 91.1 Cr in FY24 from INR 40 Cr in the previous year.
  • The startup's total expenditure rose to INR 394 Cr in FY24, with major expenses including employee benefits, rent, and miscellaneous expenses.

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Startup Pedia

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Google CEO Sundar Pichai Confident about Company's Legal Position Amid Antitrust Rulings

  • Google CEO Sundar Pichai remains confident in the company's legal position amid antitrust rulings.
  • Alphabet Workers Union accuses Google of discouraging discussions on the antitrust case, raising concerns about workers' rights.
  • Potential implications for worker rights if National Labor Relations Board intervenes in the labor code violation allegation against Google.
  • Pichai reaffirms Google's commitment to innovation, competition, and exploring alternative solutions in response to antitrust rulings.

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Yourstory

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Amazon India records high growth in premium product sales during festival period

  • Amazon India witnessed high growth in premium product sales during the festival period.
  • Premium products across various categories like televisions, smartphones, and large appliances were in high demand.
  • Apple iPad sales grew 10 times and Samsung tablets grew 5 times compared to the previous year.
  • Premiumization was observed in fashion and beauty categories, with a 400% spike in premium purchases.

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TechCrunch

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Wesley Chan on what he looks for as he’s shopping for potential unicorns

  • Investor Wesley Chan has a successful track record of investing in unicorns such as Plaid, Gusto, Flexport, and Canva.
  • Chan emphasizes the importance of luck and timing in success, highlighting the need for founders to understand why timing matters.
  • He looks for founders who possess a strong conviction in solving an urgent problem with unique insights, along with a focus on building a great product first.
  • Chan prefers to be introduced to founders through word-of-mouth recommendations from other founders in his network.

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Yourstory

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October records $1B in VC funding; Inside Daalchini Technologies’ game plan

  • Swiggy is set to open its IPO subscription on November 6, aiming to raise around Rs 11,700 crore.
  • Foreign investors pulled Rs 94,000 crore from the Indian stock market in October, the worst-ever month in terms of FPI outflows.
  • TGI Fridays filed for bankruptcy protection due to financial challenges resulting from the COVID-19 pandemic.
  • Voyager 1, Earth's interstellar explorer, activated a radio transmitter unused since 1981.

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Medium

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Question: What do Woman want?

  • A handsome man is someone who is comfortable with himself, sure of what he wants, and believes he is worthy of it.
  • Women appreciate men with honesty, self-confidence, and muscles.
  • Confidence plays a significant role in attraction between people.
  • Instead of pretending to be someone else, focus on staying true to who you are.

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Medium

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The Paradox Of Purpose

  • The Sanskrit verse from the Bhagavad Gita pierces through human conditioning. “Karma Yoga”, Vairagya, Agape, Tawakkul, Seva, or Lishma - every ancient wisdom embodies this truth.
  • We cling to outcomes in this unyielding cycle, where is the space for the sanctity of effort?
  • Detachment in life is not merely a change in behavior; it is a profound shift in perception.
  • The ego craves results. But when we decouple our actions from their outcomes, we reclaim a deeper power.
  • What if true success lies not in what we secure but in how wholly we commit to the journey itself?
  • In a world obsessed with outcomes, living without attachment is an act of radical defiance.
  • Can we risk obscurity, misunderstanding, and silence just to touch a freedom that renders the applause of a result-obsessed world insignificant?
  • Or will we remain bound, clinging to the very rewards that keep us captive?
  • Detachment, then, is not withdrawal but a way to love with purity, to offer and accept with sincerity, free from the bondage of expectation.
  • This teaching invites us to stop and listen. Pursue a path that feels counterintuitive to reimagine ambition.

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StartupDaily

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Research reveals billionaire Elon Musk’s social media posts had a ‘sudden boost’ once he backed Donald Trump

  • Elon Musk backed Donald Trump, and his social media posts has a 'sudden boost' where his posts got higher views, retweets and likes in comparison to other prominent political accounts on the platform raising suspicions that Musk may have tweaked the platform’s algorithm to increase the reach of his posts. The founder of X (formerly Twitter) has a history of algorithmically boosting his posts to reach more people. Other conservative and right-wing X accounts have performed better in terms of visibility compared to progressive and left-wing accounts since July.
  • Musk promotes Trump's re-election and has donated around 100 million dollars over the past three months to a political action committee called America PAC that's promoting Trump.
  • The data spans from January 1 2024 to October 25 2024. Since July, engagement with Musk's X account has seen a sudden and significant increase. The view counts for his posts increased by 138%, retweets by 238%, and likes by 186%, while other prominent political accounts on X saw more moderate increases.
  • However, the platform’s increasing opacity to researchers makes this difficult to say for certain. The Conversation sought comment from X about the research, but did not receive a reply before deadline. Without backstage access to the workings of the company, it is impossible to know for sure whether changes to its curation system are boosting its owner's posts.
  • The findings raise the question of the extent to which Musk's influential social media platform is reinforcing its owner’s political agenda. Given he has previously tweaked X's algorithm to amplify the reach of his posts, it would be surprising if he were not tilting the platform in favour of Trump.
  • The outgoing Trump administration’s Cabinet has been one of the wealthiest cabinets in US history of which Musk's businesses have extensive government contracts.
  • Musk's actions have drawn focus towards governments to reconsider their approach to regulating the oligopolistic power over our information environment wielded by a handful of tech billionaires.
  • Since Musk's purchase of X, it has become more congenial to figures on the right, including people who were previously banned for spreading harmful and false information.
  • The myth of neutrality is what social media platforms such as X are playing. For too long, social media platforms have enjoyed immunity for the information they selectively inject into users' feeds.
  • It’s time for governments to reconsider their approach to regulating the oligopolistic power over our information environment wielded by a handful of tech billionaires.

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Addicted2Success

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How to Protect Your Startup From the Most Common Digital Pitfalls

  • Starting up a new business venture is a thrilling challenge.
  • Protecting Your Startup in the Digital World: Focus on digital risks like click fraud and protect your business from it.
  • How to Protect Your Business from Digital Threats: Investing in click fraud detection software and monitoring analytics regularly can help minimize the damage.
  • Managing Growth While Understanding Your Financial Assets: Manage your balance sheet better and make more informed financial decisions with the help of complex financial terms and concepts.
  • Why Right-of-Use Assets Matter for Startups: Knowing the value of your right-of-use assets allows you to make strategic decisions and assess the long-term impact of these decisions.
  • Staying Focused on Your Vision: Regularly checking in on business goals and reminding self why started in the first place helps stay focused.
  • Conclusion: Growing Smart and Staying Protected: Stay vigilant, invest in the right tools, and understand financial landscape to navigate these challenges without losing sight of ultimate goal.

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TechBullion

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Cool Startups in Virginia and Their Big Impact

  • Expel, a cybersecurity startup based in Herndon, Virginia, is leading the way in data security using smart technology like AI. Their services have created hundreds of jobs and made Virginia a hub for cutting-edge cybersecurity solutions.
  • DroneUp, based in Virginia Beach, offers delivery, inspection, and data collection services with drones. Their partnership with Walmart has pushed Virginia to the forefront of the drone industry, inspiring eco-friendly drone delivery.
  • ID.me, located in McLean, Virginia, focuses on secure digital identity verification. During the pandemic, their platform helped prevent fraud and ensured quick access to benefits, putting Virginia on the map for digital security.
  • Aledade, headquartered in Arlington, Virginia, provides tech tools to help doctors manage patient care efficiently while reducing costs. Their work is improving healthcare in underserved areas and allowing doctors to focus more on patients.

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UX Design

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How did a company acquisition feel like for a product designer

  • Three years ago, during the hard Covid lockdown in The Netherlands, the news arrived at our company; we were going to be acquired by a competitor.
  • The acquisition brought changes to the team structures which had better representation at the leadership level with individual leaders for each function.
  • During the acquisition, there was acquisition bias in decision-making leading to difficulties finding joint solutions later.
  • Collaborating with people outside of the immediate reach brought up critical aspects in the user experience that were missed initially.
  • Employees tend to speculate about the consequences of the acquisition but that should not hinder their work.
  • Presenting products flows to the team of the acquiring company was the big part of the product designer's work in the beginning.
  • Merging two design teams brings up different approaches to their role in the company and the need for a strong leader with a vision.
  • Designers should embrace the change and take the opportunity to influence it early on, and try to understand what the acquisition means for them.
  • Having a sense of values, maturity and a backup plan helps maintain mental and professional health.
  • The experience of an acquisition may have its challenges but it is an opportunity to grow professionally and contribute to building something new.

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Hackernoon

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Optimizing Tech Design Meetings with Structured Ticket Templates

  • Wayfair's developers found difficulty with Jira tickets that lacked specificity, leaving the team hounding each other for required information.
  • To resolve this, they created a set of structured ticket templates for bug reports, design changes, feature requests, and optimization tasks that contained all the necessary information before being discussed or assigned.
  • The templates improved productivity, allowing developers to complete 3x more tickets in an hour-long meeting and shortening development cycles while making them more concise.
  • Through structured templates, this provides benefits such as accurate estimates, hitting the 100% completion mark on sprints consistently, and higher quality code.
  • This method requires a dedicated time investment, worthwhile for the long-term benefits it brings.
  • Start by assessing if documentation issues are widespread and altering templates based on the type of tickets that flow through your system.
  • Once guidelines are established, share these templates with everyone who will be writing tickets after collecting feedback to make sure everyone is comfortable with the changes.
  • You should enforce these changes strictly and not entertain any Jira tickets presented without specific details.
  • Wayfair's success in employing structured templates improved their team's process and morale, and it's worth a consideration for you too.

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Bworldonline

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StartUp QC supports 6 startups this year

  • The StartUp QC's Third Cohort Demo Day was held in Quezon City.
  • StartUp QC is a LGU-led startup program in the Philippines.
  • Six startups received a P1-million equity-free grant.
  • The startups underwent training, coaching, and mentorship to accelerate their growth.

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Medium

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Revolutionizing Health and Food-tech: The Transformative Power of 3D Bio-Printing and Bio-Ink…

  • Bio-printing is a transformative technology that combines cells, growth factors, and bio-inks to create 3D structures.
  • In medicine, bio-printing offers opportunities for customized organs, tissue repair, and organ prototyping.
  • In the food industry, bio-printing enables sustainable production of lab-grown meat and customizable plant-based foods.
  • Bio-ink technology is attracting investments and partnerships, providing growth opportunities in pharmaceuticals, biotech startups, and sustainable investments.

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