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What’s FinTech, And What Does It Mean For Your Business?

YoungUpstarts

by Andriy Skoropad, co-founder & CEO at Perfectial. Some claim that all possible interactions of finance and technology, which I guess includes credit cards – the 1950’s invention, are FinTech. in investments in 2015, $15.2B But have you a clear understanding of what exactly does this word stand for?

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The Digital Transformation Is Affordable For SMBs: Where To Start In Your Digital Strategy

YoungUpstarts

by Humberto Farias, CEO and co-founder at Concepta. This means finance, operations, sales, and marketing departments as well as leadership can all access the same data. The digital revolution is disrupting the traditional business model for small and medium businesses (SMBs). In 2016, SMBs used an average of 4.8

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Coping With Late Payment – Managing Asia’s Slow Payers

YoungUpstarts

by Anthony Coundouris , trade finance evangelist for ApexPeak. According to The Economist forecast for 2015, ASEAN will add USD 335 billion and become the fourth largest economy in the world. If an overseas customer is not able to settle an account due to liquidity problems, sourcing local finance to bridge the gap is an option.

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Why More Funding Won’t Magically Fix Your Startup

Mucker Lab

This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. We believe the message applies as much today as it did in 2015 when it was published. --. That sounds absurd, but founders convince themselves that they’ve hired the right people at the right moment.

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How to Scale a Venture Capital (or Private Equity) Fund

David Teten

Managers of VC funds typically want to grow their business aggressively, just like the founders we back. Among the sites we have found most helpful with practical guides for founders: Biztree , First Search , Foundersuite , Goodwin Founders Workbench , Guides.co , Inc.com , and StartupRocket. .

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8 Myths Technologists Believe That Sink Businesses

Startup Professionals Musings

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Most founders bootstrap product development. Very few people have both, but there are some notable exceptions, including Mark Zuckerberg of Facebook and Elon Musk , founder of Tesla Motors, SpaceX and others.

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Who are the Major Revenue-Based Investing VCs?

David Teten

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Bigfoot Capital. Key elements: .

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