Masters in AI and Robotics | VC in the making | Space Solar Power Enthusiast
The Ancient History of Venture Capital and How It Shaped Innovation
Photo by Sergey Pesterev on UnsplashIt is a story as old as time itself. An inventor comes up with a crazy idea that can change the world, they get ridiculed by their peers and traditional investors, yet through sheer perseverance and hard work, they turn their visions into reality and make the world a better place. However, this does not answer the most fundamental question. If those, inventors were laughed at by their contemporary investors, how did they manage to get the resources they nee...
The Ancient History of Venture Capital and How It Shaped Innovation
Photo by Sergey Pesterev on UnsplashIt is a story as old as time itself. An inventor comes up with a crazy idea that can change the world, they get ridiculed by their peers and traditional investors, yet through sheer perseverance and hard work, they turn their visions into reality and make the world a better place. However, this does not answer the most fundamental question. If those, inventors were laughed at by their contemporary investors, how did they manage to get the resources they nee...
STOP Burning Cash On Wrong Hires
Photo by JP Valery on UnsplashCash is the oxygen of startups. Most startups fail because they simply run out of money. Yet when it comes to the biggest source of cash burn (labor costs) most founders use “voodoo techniques” and gut instinct to make their hiring decisions.“According to studies we’ve done with our clients, the average hiring mistake costs 15x an employee’s base salary in hard costs and productivity loss. Think about it: a single hiring blunder on a $100,000 employee can cost a ...
STOP Burning Cash On Wrong Hires
Photo by JP Valery on UnsplashCash is the oxygen of startups. Most startups fail because they simply run out of money. Yet when it comes to the biggest source of cash burn (labor costs) most founders use “voodoo techniques” and gut instinct to make their hiring decisions.“According to studies we’ve done with our clients, the average hiring mistake costs 15x an employee’s base salary in hard costs and productivity loss. Think about it: a single hiring blunder on a $100,000 employee can cost a ...
