Bloggin internal news
By June of this year alone, Initial Coin Offerings (ICOs) have already raised a staggering $US 9.2 Billion, sweeping past last year’s record setting goal of$US 6.1 Billion. ICOs are ballooning in popularity due to their new investment model that empowers both startups and investors. However, before we get into the ugly, which there is plenty of, let’s talk about the good.
https://medium.com/@DigiCorAM/icos-the-good-the-bad-and-the-frauds-66a783607cb5
The following is an edited excerpt from Peter Thiel’s Zero To One: Notes on Startups, or How to Build the Future. The excerpt was provided by Currency Publishing. You can buy a copy here.
Brand, scale, network effects, and technology in some combination define a monopoly; but to get them to work, you need to choose your market carefully and expand deliberately.
Every startup is small at the start. Every monopoly dominates a large share of its market. Therefore, every startup should start with a very small market. Always err on the side of starting too small. The reason is simple: it’s easier to dominate a small market than a large one.
https://www.techinasia.com/3-steps-building-monopoly-peter-thiel
August 22, 2018
Car-sharing startup Getaround Inc has raised about $300 million in the latest funding round led by Japan’s SoftBank Group Corp, the San Francisco-based firm said on Tuesday. Toyota Motor Corp and some other existing investors were also part of the Series D funding round, Getaround said. The company, founded in 2013, has been operating its car-sharing service in 66 U.S. cities including San Francisco, Chicago and Washington D.C. The company said it will use the latest funding to expand in North America and around the world and to develop partnerships with automakers.
Read more at: https://www.dealstreetasia.com/stories/car-sharing-getaround-softbank-105214/