Plus, there’s a reason Philo might not care so much about wading into the swamp of cable disrupters. By providing a simple way for college kids to access TV, the startup is going after the incredibly valuable 18- to 24-year-old demographic. It’s thus able to gather a huge amount of data, not just on what they’re viewing but what they’re sharing to offer targeted advertising through the Web. “Data and advertising are the business model,” Thorpe says. (The company doesn’t disclose its financials, but it’s also already generating revenue from licensing its technology and servers to universities.) One could imagine an ad for Domino’s would be especially relevant to a college sophomore watching Pineapple Express at 2 a.m. And once Philo bakes social into the experience, the team imagines the ads could become more targeted–not to mention more interactive online. … [Read more...] about Tivli Rebrands As Philo. Is It Harvard’s Next Facebook?
Allowing guns wont make campuses safer
Most important — although Donahoe won’t come right out and say this — eBay wants every transaction to end with PayPal. “Milo is inventory where you are, and PayPal is paying where you are,” says Sam Shrauger, PayPal’s VP of global product and experience. That Marc Jacobs bag? It would be paid for via PayPal’s Express Checkout. The local Starbucks, which wants to shoot you a dollar for your next Frappuccino when you’re two blocks away? It pops that “cash” into your PayPal account, where it sits until it expires in an hour. That new Canon camera you’re eyeing but aren’t yet ready to purchase? Scan its bar code into your PayPal “wish list” — which PayPal is currently prototyping — “and then, when I walk by a retailer who has that in stock,” says Shrauger, “they make me an offer that’s better than anybody else’s.” … [Read more...] about How Jack Abraham Is Reinventing EBay [Update]
Rajan: I think you first need real demand before you get credit demand. If I am not selling, I don't need working capital financing because I am not producing. Let us not say that lack of demand means there is nobody who can benefit from credit. It may be that there are over indebted firms who know that when they go to the bank the latter is going to laugh at them because they don't have collateral. I was in a meeting with a micro, small and medium enterprise (MSME) from Chennai and Kolkata. If they are given credit, they will take it. But many of them, seeing their situation, don't really think they can access credit. So, we need other parts of economy to fire. We should also not be complacent that the lack of demand is purely due to lack of demand. It may also be that people may see that there is going to be no supply if I do demand it because banks are going to be totally risk averse -- a point that the Reserve Bank of India has also been making now. … [Read more...] about Q&A: Raghuram Rajan warns against extending loan moratorium, recalls Andhra Pradesh microfinance crisis
Comprising a large chunk of the organized retail sector, malls and shopping complexes provide vital support to India’s consumption economy. However, in recent months, the COVID-19 pandemic has created fundamental shifts in consumer behavior, especially related to shopping. … [Read more...] about Unlock 3.0 | Visit to a mall in Mumbai: Despite strict safety measures, tepid response on Day-1
A one-of-a-kind, unified network EVERFI has come a long way since its early bootstrapping days, when the founders traveled the country to share their mission with schools. But, from the beginning, the company founders have held fast to belief that the private sector needs to bring the latest innovation to local schools, rather than waiting on nonprofits to do so. Weiner is now an investor in EVERFI, along with Bono and Jeff Bezos. … [Read more...] about This company combines education and social good