Miso head Victor Ching is aiming to replicate his app’s success in home cleaning to sweep up new business at home and overseas. O ver the past seven years, Victor Ching has carved out a niche in the home cleaning space in South Korea with an app called Miso. Though it’s a relatively small market compared to online payments or food delivery, the app, which connects cleaners with clients, is the category leader in the country by users. Miso, which means “smile” in Korean, has handled more than 5 million bookings since its founding in 2015. Of those, almost 90% have come from repeat customers, the Seoul-based company says. Top startup investors including Silicon Valley incubator Y Combinator and Los Angeles-based Strong Ventures have backed Miso, which has raised over $11 million to date. After years of steady growth in South Korea’s home cleaning market, cofounder and CEO Ching is taking Miso to the next stage. He’s aiming to replicate Miso’s success with the 70 other … [Read more...] about Korean House Cleaning App Miso Wants To Become The Amazon Of Home Services
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Editor Daily Rundown: Governors Declare States Of Emergency In Response To Gas Shortages
GAS LINES IN AMERICA… Four Governors Declare States Of Emergency Due To Gasoline Shortage Four governors declared states of emergency in response to gas shortages brought on by the Colonial Pipeline hack. Democratic North Carolina Gov. Roy Cooper declared a state of emergency on Monday due to his state’s gas shortage. Republicans Govs. Brian Kemp of Georgia and Ron DeSantis of Florida, and Democratic Virginia Gov. Ralph Northam declared states of emergency on Tuesday. Republican South Carolina Gov. Henry McMaster announced that he would not declare a new state of emergency because the state was already in one due to the COVID-19 pandemic. Kemp suspended Georgia’s gas taxes, while Cooper eliminated transportation regulations. McMaster instituted anti-price gouging laws. Virginia Republicans called on Northam to suspend the state’s gas tax. CBS NEWS… The South was being hit hardest. Late Monday, almost 6.5% of gas stations in Virginia were out of fuel, … [Read more...] about Editor Daily Rundown: Governors Declare States Of Emergency In Response To Gas Shortages
This news outlet is exposing Big Tech’s practices by building its own tech tools
In 2020, 56% of Americans agreed that journalists were purposely trying to mislead people, illustrating an unprecedented dip in confidence in the press. With that backdrop, and in an election year with peak political polarization, rolling out a brand-new media publication was “absurd,” admits Nabiha Syed, president of The Markup , a digital outlet focused on holding tech companies accountable. “How are we going to get people to trust us when they’ve never heard of us, especially when we are interrogating tools that people are using and are sometimes beloved?” advertisement advertisement But the founders felt that the site’s mission was critical: to investigate the power and practices of Big Tech. Plus, it was going to do things differently. The Markup is nonprofit newsroom, funded by philanthropists, including more than $20 million from Craigslist founder Craig Newmark. It is data-driven, and only publishes about twice a week, in order to be as … [Read more...] about This news outlet is exposing Big Tech’s practices by building its own tech tools
7 Reasons Product Developers Should Attend Trade Shows
To become truly successful at licensing your new product ideas, you must know the industry you're inventing for like the back of your hand. There's no better way of getting to know an industry than by attending its annual trade show. Between the cost of transportation, lodging, and food, it's true that expenses quickly add up. Plan ahead, because there are numerous benefits. In my opinion, these are among the most significant. 1. The inspiration you receive from checking out the new innovation. I can almost guarantee that you will walk away with new ideas for products. Trade shows are exhilarating! You will feel reenergized. 2. Face-to-face meetings. When you can connect with people in your industry with the click of a button over LinkedIn, does meeting in person still have value? Even more, I'd argue. If your goal is to build a long-term working relationship that benefit both parties, there is simply no replacement for shaking someone's hand and looking them in the … [Read more...] about 7 Reasons Product Developers Should Attend Trade Shows
How This Entrepreneur Built the Hottest Plush Startup in Years
After 20 years of being in business, this is what I know for sure: Making customer service a priority is one of your best forms of protection, hands down. What does putting your customer first look like in practice? Asking them about their experience. Answering their questions in a timely manner. Delivering on your promises. Being consistent, truthful, and transparent. Developing products and services that actually solve problems, inspire joy, and then continuing to improve on the experience. Treating each and every person who engages with your brand like a friend. Refusing to settle. Taking responsibility for your mistakes and learning from them. Never forget: Establishing trust takes time, and can be lost in an instant. To build a successful business today, you must truly care about your customer. Few entrepreneurs I know embody this philosophy more wholeheartedly than Marissa Louie , CEO and chief designer of the hit magnetic stuffed animals, Animoodles . The … [Read more...] about How This Entrepreneur Built the Hottest Plush Startup in Years
How Blue Nile Delivered A Million Pieces Of Bridal Jewelry
Share to Twitter Share to Linkedin It hides in plain sight in a Seattle neighborhood. A building that would not attract even a hint of curiosity. Inside it’s a bit of a different story as this seemingly bare-bones structure serves as the fulfillment center for Blue Nile , the world’s largest Internet retailer of diamond jewelry. It’s easy to view Blue Nile solely as an early eCommerce success story but perhaps its greatest feat is the ability to produce and ship jewels in a highly efficient manner based on the individual requirements of an online order. This efficiency is one of the ways it earns the trusts of customers making a highly emotional purchase. The nondescript nature of the facility is due to security concerns. The merchandise is highly valuable, consisting of diamonds, colored gems and precious metals. Inside, multiple doors are used to enter and leave certain areas for security purposes. Workers were not identified in the story for the same … [Read more...] about How Blue Nile Delivered A Million Pieces Of Bridal Jewelry
In crowded city races, Denver’s new fair election fund will face first test
Overhauling Denver’s campaign finance rules was popular with voters in 2018. More than 70% of Denverites who cast ballots that year voted for Referred Measure 2E. The sweeping change to the city’s campaign rules ratcheted down contribution limits for candidates seeking every seat from mayor to the city auditor, banned direct corporate and union campaign contributions and established a fair elections fund to provide public financing for candidates who agreed to abide by even lower contribution limits and other rules. Participate in the fair elections fund and receive a 9-to-1 public funding match on contributions from Denver residents between $5 and $50. In other words, a $50 donation becomes $500 with taxpayer money so long as the donor hails from the city and county. A lot has happened since then. First, the measure’s backers struck a deal with the City Council to delay the law’s effective date until after the 2019 municipal election instead of trying to enact the changes … [Read more...] about In crowded city races, Denver’s new fair election fund will face first test
Apple’s chart-topping run gets a boost from retail investors
- A + A (Aug 9): Apple Inc is back in a familiar role as market leader after a painful first half of the year that saw hundreds of billions of dollars in market value disappear, and individual investors are a big reason for the rally. Since bottoming in mid-June, the iPhone maker’s shares have surged 27%, outpacing the S&P 500 Index and the Nasdaq 100 Index. That’s put Apple back on top as the world’s most valuable company and within sight of turning positive for the year. Apple is now down just 7.4% in 2022, compared with a drop of 20% for the Nasdaq 100. Apple shares benefited from a relief rally after its quarterly earnings were better than feared, and its ongoing buoyancy reflects Wall Street’s confidence in its ability to continue churning out big profits. Individual investors, who recently helped ignite rallies in speculative corners of the market, have flocked to the stock. “Retail investors have been strong buyers of Apple over the past couple of … [Read more...] about Apple’s chart-topping run gets a boost from retail investors
How Net Zero Became Our Global Climate Goal And Why We Need It
Share to Twitter Share to Linkedin 2021 was the year net-zero commitments went mainstream. Following the COP 26 climate conference in Glasgow, well over 100 governments have set a net-zero decarbonization target. These commitments cover 88% of global emissions, 90% of global GDP, and 85% of global population . Nearly one-thousand municipalities and over three thousand private businesses have also made net-zero commitments as part of the UN’s Race to Zero decarbonization initiative. While these commitments are a positive first step, they must now be backed by concerted action. The stakes are higher than ever as climate change continues to intensify. Net zero by 2050 is a science-based goal that aims to limit the worst effects of global warming. Policymakers, business leaders, and the public should understand both the origins and urgency around this crucial climate goal. A manmade crisis Human activities produce around 35 billion tons of carbon … [Read more...] about How Net Zero Became Our Global Climate Goal And Why We Need It
How Much Has Trump Made From Mar-A-Lago, His Palm Beach Estate Under Siege?
Share to Twitter Share to Linkedin D onald Trump has made a lot of investments over his career. One of the flashiest, his purchase of Mar-a-Lago, also turned out to be one of the best. Trump paid an estimated $10 million for it in 1985 and turned it into a moneymaking club, before a rising real estate market made it one of the most valuable homes in the world. Today, the crown jewel of Palm Beach is worth an estimated $350 million. The property, which the former president said the Federal Bureau of Investigation raided on Monday, was historic long before Trump got involved with it. The cereal heiress Marjorie Merriweather Post built the estate from 1924 to 1927, incorporating details befitting the Roaring Twenties. Stones traveled from Genoa, Italy via three ships. Silk-needlework panels came from an old palace in Venice. The living room rug hailed from a Spanish monastery. In 1973, Post passed away, bequeathing Mar-a-Lago, which means “sea to … [Read more...] about How Much Has Trump Made From Mar-A-Lago, His Palm Beach Estate Under Siege?