Discover and read the best of Twitter Threads about #startups

Most recents (24)

@bijans @trevorloy So, a few things:
1) we've been saying that the analysis is 301(f), not full 103. That's important because 301(f) = way better for Venture-backed #startups seeking #SBALoans. See @Forbes forbes.com/sites/edwardzi…
@bijans @trevorloy @Forbes 2) Treasury's release from last night confirms this understanding of the plain language of the #affiliationRules applied to #PPP for #SBALoans under #Section7a (cc @DougBernstein who shared our view/analysis from early on)
home.treasury.gov/system/files/1…
@bijans @trevorloy @Forbes @DougBernstein 3) Here's how we read the language @trevorloy quoted (we start with 301(f) (as per what we published last Monday) lowenstein.com/news-insights/… cc @LowensteinLLP
Read 12 tweets
If banks deploying @SBAgov funds (ie @BankofAmerica) by prioritizing people who they already loan to, MAKE NO MISTAKE about who will be left out of this equation. If you don't already know facts on this, here's a primer:

#StimulusBill #CARESAct #COVID19

washingtonpost.com/realestate/lar…
"Black applicants were rejected at more than double the rate of non-Hispanic white applicants on all types of loans, including conventional mortgages"

Imagine that.

cc @andreperryedu @binajv @KeithMestrich
The overall rate of denials of mortgage applications from blacks was 18.4%...with 13.5% for Hispanics and 10.6% for Asians. For non-Hispanic whites, it was 8.8%.

The federal govt (@SBAgov) cannot allow distribution of this aid to magnify and exacerbate the bias already present.
Read 9 tweets
1/12 Thread on our new report: 'Becoming more open: the view from four European cities'🏙️
theodi.org/article/becomi… #opencities #smartcities

@bsnaith_ from the 'open #cities' team is going to take you through some of the key points from the report...
2/12 All four of these cities – #Amsterdam, #Gdańsk, #Hamburg and #Helsinki – have made significant progress in the move towards becoming open cities. The report shares how they're developing data infrastructure, training staff, engaging with citizens and fostering innovation.
3/12 The report talks about some of the challenges of using #data and #technology, but also how being open and being trustworthy with data can produce better services for citizens, businesses and communities.
Read 13 tweets
Many of the long standing societal rules were re-written at times of crisis. We are undergoing one of the biggest crisis of our generation. Wonder what rules will be re-written in the post COVID world. Trying to predict few changes in the new world

Thread 1/n
AI and Digital transformation will lead the way in the post Covid world as people will finally wake up to the potential of technology in optimizing their respective businesses.
#COVID #coronovirusindia #economy #recession #IndianEconomy #startups
Education:
The de facto delivery of education will change to online mediums now that the education institutes will start seeing the potential of online education delivery. Low impact in K12, high impact in higher education.
#COVID #education #edtech
Read 10 tweets
#startups #stimulus #paycheckprotectionprogram Thread on what we are advising startups on applying to Paycheck Protection Program:👇💰 cc @hydeparkvp
Things are moving fast. Some of you may have already seen that the SBA and treasury posted more info about the Paycheck Protection Program (PPP). sba.gov/funding-progra…
The SBA says that existing SBA 7(a) lenders may start taking applications on April 3 (this friday), which is good news.
Read 15 tweets
Quick intro: @TheVlage is a startup redefining #housing in Africa by offering furnished & serviced co-living spaces for young professionals & startup founders. They were finalists in the #ShelterTechAcceleratorKE program
Check them out here: bit.ly/2wwGKoj
@HabitatEMEA
We're using the hashtag #ColivingKE, and we will begin promptly at 2p.m. See you soon! #COVID19 Joining the conversation is @HabitatEMEA @TerwilligerCtr
Cc: @JaneOtima @gegimu @consiliah @kikiwemo @MugureNjendu @HabitatNL
@MaimunahSharif says;In the coming weeks & months, we must look out for vulnerable communities,whose hardships are projected to expand. We already face a large homeless population, & this challenge will grow as the economic impact of #COVID19 tips even more people over the edge.
Read 12 tweets
▶️ Plan #FrenchTechBridge

Face au #Covid19, @Bpifrance est mobilisée à fond et incite l’ensemble des acteurs de l'écosystème 🇫🇷 à prioriser les besoins des #startups en fonction de leur situation financière à court/moyen/long terme 📊

👉 3 niveaux :
Qu'est-ce que le dispositif #FrenchTechBridge, qui va être mis en place dans les prochaines semaines ?

160M€ mobilisés au total 🚀

Objectif : soutenir des #startups en permettant à celles-ci de faire 1 bridge avec leurs investisseurs historiques
.@Bpifrance va continuer à investir en direct avec ses fonds #innovation, mais aussi en Fonds de fonds pour accompagner l’écosystème !

En parallèle, les fonds de capital risque 🇫🇷 doivent poursuivre leurs investissements dans le contexte actuel !

Mobilisation collective💪
Read 10 tweets
#FOUNDERS #STARTUPS #PostCoronaMindset

1/I'm super impressed by all founders I've spoken to in the last week - every one of them recognizes things have changed & are proactively taking steps to not be in a position where they run out of money before June 2021
2/Even those who were planning to raise are now going back to their WorkSheets & doing zero-based planning and asking questions - is this a vitamin or an aspirin (want or need) - & if its a need, is there a smarter way to do this.
3/Thankfully, in almost all cases, well run companies figure out ways to do this with zero/minimal job cutting and cash infusion. Companies that are prudent with cash expenses & collections almost always come out stronger in such situations.
Read 11 tweets
Dear @AxisBank & @DrJitendraSingh Ji & @AmitShah Ji @jkstartups . Since 5th Aug 2019, businesses have suffered like hell. Instead of creating a support system for the #startups or #businesses, Banks have started sending notices to the #properitors/#companies in #UTJK.
Instead of revoking #intrests on us in such political turmoil. We had no role to play in this turmoil, #UTJK economy was held hostage under these notices silently.
Sir was that our fault that u had to close out all communication / shut business 4 such long time 2 regain strength
If not, then why should I suffer.
I was a regular payer of my instalments for Loan taken for business. I am not funded by anyone and neither I fall under any of your policies because I have started and @JKEDI4U never supports established business.
Yes we are dependent on #Banks.
Read 8 tweets
“Smeared Into Oblivion”, the absurdly stupid way I went bankrupt
#startups #business link.medium.com/wZtIYQdGC4
Even family speculates why a girl who seemed very in love w/me would do something so cold as abruptly leave me on a streetcorner. They assume abuse & infidelity...its nothing like that. It's the above story. My friends maliciously intentionally destroyed our life, and my career.
I bring it up as, last month I heard from my sister who I rarely speak to and she straight up asked me if I'm a wife beater.

I tried to tell my ex, if you drop me on a streetcorner with 5min notice people are going to think some fucked up shit.

I was right, again. Shocker🙄
Read 3 tweets
🆃🅷🆁🅴🅰🅳

1/ Recently I read about how blockchain projects ARE startups.

@ttmariemia unpacks a project that wants to attract more devs and drive adoption. She looks at leveraging funding, financial tools, and startup philosophy.

I'll link to the article at the end.
2/ A decentralized economy and its governance won’t be built in a year, or even five years.

Enigma was invented in 1923

The first personal computer in 1971

1984 saw the Macintosh

2007 marked the first iPhone

Groundbreaking innovation takes dedication and time.
3/ #Blockchain projects ARE #startups!

𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗈𝗋 𝗌𝗍𝖺𝗋𝗍-𝗎𝗉

𝘯𝘰𝘶𝘯

a human institution designed to create new products and services under conditions of extreme uncertainty.
Read 15 tweets
Querida presidenta @IdiazAyuso, antes de “ir a por el #MWC” puede empezar preguntándose por qué es un éxito cada vez mayor desde que aterrizó en Barcelona el año 2006.
Le cuento:👇🏻

ccma.cat/324/diaz-ayuso…
Mientras en Cannes reunía a 35.000 visitantes, el primer MWC en #Barcelona del 2006 ya registró más de 50.000 asistentes atraídos por su nuevo emplazamiento en una ciudad mediterránea, abierta y con un recinto ferial de primer nivel. En 2019 fueron 109.000 y 2.400 expositores.
Cada año ha crecido el número de asistentes y expositores. Pero no solo ha crecido una feria, se ha formado todo un ecosistema a su alrededor impulsado por la colaboración publicoprivada entre @govern, @MWCapital, @bcn_ajuntament y miles de empresas.
Read 8 tweets
When I turned 35: I gave a small speech that I now think it was almost resignatory speech (it there is a word like that) among a few friends. And it was centered on making impact and being able to create a decent garage for our kids!
Startups and business is generally tough and almost like some sort of a lottery (market fit, team, f$unds, economy etc). Yet it’s the Safest bet especially for us here in Africa.
In many Silicon Valley stories, you always hear of @BillGates beginning from a Garrage. And Jeff Bezoz and on and on stricking our of Garage. What’s seldom talked about is that Garage is a great startup seed fund, almost like @ycombinator by / @paulg @jesslivingston et al
Read 14 tweets
Welcome to our twitter conversation thread, please retweet to enlighten someone, like & Comment

Topic: Importance of Financial and Tax Management for Startups
bit.ly/36xEUQy

#taxmanagement #Andersentax #Nigeria #Startups
1. Startup businesses all over the world are experiencing a boom in various industries ranging from manufacturing, transportation, hospitality and even the financial industry. #taxmanagement #Andersentax #Nigeria
2. In Nigeria, there has been significant increase in small businesses. It is also important to note that small businesses make up a very large portion of the Nigerian economy. #taxmanagement #Andersentax #Nigeria
Read 51 tweets
This year some #startups shifted focus to cutting costs and optimization. An unfortunate result of this was downsizing of teams and layoffs. Some say this was also due to over hiring. Entrackr takes a look:
(Disclaimer: this is not an exhaustive list)
1/n The year began with furniture retailer Urban Ladder laying off around 90 employees in February in a bid to trim expenses
bit.ly/2QxvNsl
2/n This was followed by over 300 people losing their jobs at user cars platform Cars24 in May. The firm laid off employees across multiple teams
bit.ly/37n8OqJ
Read 11 tweets
Here is original. From financial express

FY19 results of Start-up companies:

(Courtesy: Financial Express).

Flipkart: 4234 crore revenue & 1624 crore loss.

Amazon: 7594 crore revenue & 5685 crore loss.

PayTm: 3050 crore revenue & 3960 crore loss.
OYO: 6457 crore revenue & 2385 crore loss.

Big Basket: 2381 crore revenue & 348 crore loss.

Grofers: 70 crore revenue & 448 crore loss.

Zomato: 1159 crore revenue & 571 crore loss.

Swiggy: 1122 crore revenue & 2346 crore loss.

Ola Cabs: 1886 crore revenue & 1160 crore loss.
Delhivery:1654 crore revenue & 1781 crore loss.

LensKart: l474 crore revenue & 28 crore loss.

UrbanLadder: 298 crore revenue & 49 crore profit.

Pepperfry:193 crore revenue & 183 crore loss

Close to 20k crores consumer surplus thanks to global VC!#startups
Read 3 tweets
"What pain / worry / fear / concern is your #startup solving or removing"?

This is a great coaching question and how well #founders answer it is a strong indication of whether they are likely to be successful with their current model.

So why is this such a hard question?
For some reason - we seem to be programmed that for our ideas to be accepted, they must offer some 'better' or a more 'positive' future.

Yet, we are designed to be twice as likely to want to avoid a loss as to seek a gain - as shown by loss aversion...

en.wikipedia.org/wiki/Loss_aver…
Partly caused by coming out of corporate or institutional work, we are conditioned to seek small low risk incremental gains.

This won't work for startups that seek to scale, because with limited resource, no distribution & little money, our new business needs instant impact.
Read 6 tweets
A thread about how #startups and #founder approaches to the startup phase profoundly impact their ultimate success and whether #coaches or #mentors help or hinder👇👇👇
Like ageing philosophers, new #founders often seek coaches and mentors because they want certainty.

Yet uncertainty is often the best friend of a #startup and tapping successful yet 'old ways' of (say) marketing, holds you back from discovering your own success metrics...
In seeking certainty, #entrepreneurs are looking for tried & trusted formulas so therefore they don't build the muscle to test & experiment their way to success.

As a coach I sometimes hear this as 'can't you just tell me!'

Which translates as; 'I just want the silver bullet'
Read 11 tweets
Wrapping up a week long stay in the Bay Area. Thanks to all the founders, VCs and others in the #fintech community that took time out to meet.

Here are my key learnings (including one massive shock):
It's become clear that there are two key reasons why there is such a density of successful #startups here:

First up: A bias to optimism
Everyone seems optimistic. VCs in the Bay talk about the size of the opportunity and what needs to go right for something to work out, vs European VCs that focus on metrics and risk.
Read 14 tweets
[thread]

Something I don't see enough #SaaS #startups doing during the early days of trying and failing to get their first few customers?

Systematically recording and categorizing their objections as follows...
1. Could I overcome this objection by speaking to someone else at the company?

Even if you've got the right product and you're speaking to the right type of company — speaking to the wrong person can kibosh the whole thing...
2. Could I overcome this objection by speaking to a different type of company? (size, industry, need, geography, etc.)

Even if you have the perfect product and the right role is on the line, you're going to fail if it's not right for a company like theirs...
Read 8 tweets
قبل ايام اكملت ١٠اعوام
منذ استقالتي من وظيفتي الواعده
بالشركة الرائعه #أرامكو_السعودية

و اخترت المغامرة في ادغال
#ريادة_الأعمال بحثا عن شئ ما !!

افكر الان في ان (اثرد) لكم تجربتي
واختصر الدروس التي تعلمتها

لكني متردد لأن كتابتها متعبة نفسيا

إن كان سردها سيفيدكم
اعملوا 🔃 او❤️
1️⃣ #ثريد

توقعت بعض الاهتمام بالموضوع
وخصوصا من الاخوان موظفي
#أرامكو 😄👋🏻👷🏻‍♂️

لكن لم اتوقع هذا الاهتمام الكبير #صراحه

سابدأ بكم تغريده الليله
و اسرد خواطري عن الموضوع في #سلسلة
خلال هذا الاسبوع المزحوم😥

و ربما اعطي بعض التفاصيل على #سناب_شات لاحقا

نقول بسم الله
٢

قبل ان اصل للحديث عن استقالتي من وظيفتي في #ارامكو والتي يتمناها الكثير
و هي فعلا شركة مميزه و الخروج منها ليس قرار سهل ابدا

يجب ان اذكر ان رحلة البحث عن هذا (الشئ؟)
بدأت منذ طفولتي..
اذكر مغامرات الاكتشاف والتامل
في جبال واودية #ابها
Read 447 tweets
Mobilde geçirdiğimiz zamanın %70’inde mobil uygulamaları kullandığımızı biliyor muydunuz? Peki nedir bu mobil uygulama? Floodumuza bekliyoruz📱#mobiluygulama #mobileapps #MobileAppDevelopment #yazılım #Teknoloji
Mobil Uygulamalar, akıllı telefonlar veya tabletler için geliştirilmiş yazılım programlarıdır. #MobileAppDevelopment
Kişilerin kullanmak istedikleri ürünlerin daha da kişiselleşmesiyle mobil uygulamalara gösterilen talep sürekli artıyor çünkü mobil uygulamalar diğer yazılım programlarıyla karşılaştırıldığında daha interaktif, daha pratik ve işlevsel. #MobileAppDevelopment
Read 6 tweets
40. The Legacy of US, UK, France, Israel, Saudi Arabia, Turkey, Bahrain, Canada, Qatar, United Arab Emirates, Germany, Belgium, Netherlands, Australia, Jordan, Nato in Syria
1 to 20. The Legacy of US, UK, France, Israel, Saudi Arabia, Turkey, Bahrain, Canada, Qatar, United Arab Emirates, Germany, Belgium, Netherlands, Australia, Jordan, Nato in Syria 🤨👇🏼
threadreaderapp.com/thread/1136642…
21. The Legacy of US, UK, France, Israel, Saudi Arabia, Turkey, Bahrain, Canada, Qatar, United Arab Emirates, Germany, Belgium, Netherlands, Australia, Jordan, Nato in Syria🤨👇🏼
threadreaderapp.com/thread/1137566…
Read 344 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!