"If you look at smartphones, there is always a smartphone which is smarter than your current phone ... or the companies, the Apples and the Androids of the world, they are constantly creating something for you to come back in the market in the next 18-24 months. Who in the furniture world is making you come back in 18-24 months," he said. … [Read more...] about Why this H1-B visa holder decided to start a furniture rental company
Around 12 million tons of furniture ends up in landfills in the U.S. each year. A startup called Feather wants to begin to change that by shifting ownership: Instead of selling furniture, the company rents it. When someone moves or wants a different sofa, they can send it back, and the company will clean and repair to rent to someone else. … [Read more...] about This circular economy furniture startup designs its couches for rental and reuse
Contact with contaminated surfaces is of less concern, but still something to consider. We are learning more about the potential for infections from them, but we do know coronavirus has been detected on guest room surfaces. Try to minimize your contact with surfaces—tabletops, chairs, bathroom sinks, duvet covers—that haven’t been cleaned or disinfected. … [Read more...] about Is it safe to stay in a hotel, cabin, or rental home yet?
“Standalone outlets that comprise start-ups, furniture stores, marble stores and design stores which are not brands are finding it difficult to survive in these COVID-19 times as everything has become competitive due to heavy dependence on e-commerce. As many as 30-40 percent businesses, that have decided to move, are relocating to areas where the rent is almost half. They are also willing to reduce the floor plate by 50 percent,” says Lalani. … [Read more...] about High rent, low footfall: Is COVID-19 playing party pooper for high-street retailers in Lower Parel mill area?
First, do not fall for pedigree. Even the largest private equity fund in the world is struggling to get back its investments in its lending business in India. Pedigree does not guarantee anything. Investors are in fact scared to even put a class action suit against influential firms. A real estate fund raised in 2006 by an influential real estate investor, close to India’s largest business group has not yet given any return and has neither paid back principal. No one wants to or has the time to take legal recourse against such firms, even though they have taken lousy investment decisions and have lost investors money. So much for their capabilities! … [Read more...] about Wealth managers peddle exotic financial products but can they live up to their promise?