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3 Ways Technology Is Changing Small Business Lending

YoungUpstarts

In 1994 Microsoft co-founder Bill Gates said, “retail banks are dinosaurs, they can be bypassed,” in a Newsweek interview. Traditional banks have helped fuel business and economic growth by providing small business owners with startup loans, general business loans, lines of credit and refinancing programs, to name a few. How it Works.

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Stitch Fix: Reinventing Retail Through Personalization

abovethecrowd.com

The company, which the founder cleverly named “Stitch Fix,” had a remarkably unique offering compared to other women’s fashion experiences. Despite Benchmark’s strong association with ecommerce during the late 1990’s due to the success of companies like eBay, we have not been particularly active in ecommerce in the past several years.

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Uber’s New BHAG: UberPool

abovethecrowd.com

In their seminal 1994 book Built to Last: Successful Habits of Visionary Companies , Jim Collins and Jerry Poras coined the term BHAG (pronounced BEE-hag) — an acronym that stands for “ B ig H airy A udacious G oal.” As we turn the page to 2015, Uber has a new BHAG, and it’s name is UberPool. UberPool is Technically Difficult.