Category: Startup

Founders Over 40: Redefining Success

2024-12-15
Founders Over 40: Redefining Success

This article explores the experiences of founders over 40, highlighting a shift in their definition of success compared to their younger counterparts. With increased family responsibilities and a longer life perspective, these founders prioritize work-life balance, seeking more stable and predictable income. Their accumulated wisdom allows for quicker pattern recognition, more pragmatic decision-making, and a willingness to explore alternative paths like acquisitions or joining larger organizations. This doesn't signify a lack of ambition, but rather a clearer understanding of the costs (time, energy, personal life) associated with different paths, and a more effective leveraging of their accumulated skills and experience.

Starting a Business at 62: A Father's Inspiring Journey

2024-12-15
Starting a Business at 62: A Father's Inspiring Journey

At 62, after retirement, the author's father bravely started his own business, breaking free from a lifetime of self-imposed limitations stemming from a challenging childhood. He overcame his ingrained fear of risk, growing his business from humble beginnings to a thriving small shop. This isn't just a story of entrepreneurship; it's a testament to the power of pursuing dreams at any age, a beacon of inspiration showing that it's never too late to achieve your goals.

Crystal Ball Challenge: Knowing the Future Isn't Enough to Guarantee Riches

2024-12-15
Crystal Ball Challenge: Knowing the Future Isn't Enough to Guarantee Riches

Elm Partners conducted an experiment called the "Crystal Ball Challenge," where 118 finance students traded stocks and bonds using the Wall Street Journal's front page from one day in the future (with price data blacked out) over 15 days. The results were surprising: despite having future information, most participants didn't profit, averaging a mere 3.2% gain. Experienced traders, however, performed exceptionally well, averaging a 130% gain. The experiment demonstrated that even with 'future' knowledge, successful investing requires sensible position sizing. This research highlights the importance of decision-making under uncertainty and position sizing, offering valuable lessons for financial education.

Carta's Difficult Subscription Cancellation Process Sparks Outrage Among Founders

2024-12-12
Carta's Difficult Subscription Cancellation Process Sparks Outrage Among Founders

Funding management software Carta is facing criticism for its cumbersome subscription cancellation process. Several founders have taken to social media to complain about the difficulty of cancelling their subscriptions, citing mandatory meetings scheduled well after their renewal dates. While Carta attributes the issue to a temporary staffing shortage, competitors highlight their straightforward cancellation methods, involving simple clicks or emails. This controversy raises concerns about Carta's customer service and cancellation policies, underscoring the importance of careful consideration when choosing service providers.

Former Twitter Founder Launches Mozi, a Social App Focused on Offline Connections

2024-12-12
Former Twitter Founder Launches Mozi, a Social App Focused on Offline Connections

Ev Williams, founder of Twitter and Medium, has launched a new social app called Mozi, aiming to redefine the essence of social interaction. Unlike content-focused social media, Mozi prioritizes helping users build and maintain relationships with people in their real lives. By integrating with users' contact lists, it shows when users and their acquaintances will be in the same location (city or event), facilitating offline meetings. Mozi emphasizes privacy, lacking public profiles and follower counts, aiming to be a private platform promoting genuine social connections.

Bonscore: Independent Credit Scoring for Businesses

2024-12-12

Bonscore offers an independent and transparent credit scoring service for businesses. Data is sourced directly from the company register, ensuring objectivity and preventing manipulation. Unlike traditional credit agencies, Bonscore uses proprietary algorithms to assess the probability of default, providing industry benchmarks for comparison. This empowers businesses to evaluate the creditworthiness of potential and existing clients, competitors, and suppliers, leading to more informed business decisions such as: vetting new clients, analyzing existing client payment behavior, participating in tenders, assessing supplier reliability, analyzing competitor financial health, and making credit decisions.

Great Question (YC) Hiring People Operations Manager

2024-12-12
Great Question (YC) Hiring People Operations Manager

Great Question, a YC-backed startup simplifying customer research, is seeking an experienced People Operations Manager. This role will focus on streamlining recruitment, onboarding, compensation standardization, and enhancing company culture to boost employee engagement and retention. The ideal candidate will have 3+ years of experience in people operations, expertise in compensation and performance management, excellent communication skills, and a proven ability to thrive in a remote work environment. This is a crucial opportunity to contribute to a rapidly growing startup.

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