Especially during the ongoing global health crisis and subsequent stay-at-home orders, employees are learning how to work remotely, and companies are weighing some of the costs and benefits to this new remote world. Many companies in the Bay Area have already drastically expanded their work-from-home policies, some like Facebook have banned group meetings over 50 until 2021, and Twitter has gone so far as to allow remote work for all employees indefinitely. If a new normal includes such liberal remote work policies and the limited ability to congregate, Silicon Valley may lose some of its purpose as a technology hub as teams get distributed across the country and even the world. … [Read more...] about Here’s how Silicon Valley can avoid Detroit’s fate
Indias silicon valley
Big Basket is not the only big name in the startup ecosystem to have raised fund from venture debt firm. The company follows firms such as Paper Boat, Urban Ladder, Practo, Myntra, Snapdeal and Oyo which have raised money from venture debt funds such as Trifecta and Innoven Capital. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital
The company which has so far tied up with manufacturing units based in India now plans to import products from China by the next quarter as it plans to improve its margins. The products if shipped from China could reduce the total cost by 10-50 percent ranging from one product category to another, said Karimpana. … [Read more...] about Why this H1-B visa holder decided to start a furniture rental company
Running for a year, from June 2020 to May 2021, a new pilot program spearheaded by Cortese will give these young adults $1,000 a month to help ease them through the financial burdens of that sudden exit from the foster system. And Cortese hopes it’s the start of something bigger: What energized this pilot wasn’t merely solving foster problems but a desire to implement a broader universal basic income as a “safety net tool” for the entire county. … [Read more...] about This $1000-a-month universal basic income program is designed to help foster youth survive
As an investor in early-stage technology startups, I’m excited by the possibility of seeing something new. We’re often reluctant to look seriously at companies in the social networking space because competing with the incumbents seems virtually impossible. But Facebook, YouTube, Twitter, and Snap aren’t going to be able to convert their business models overnight. They’re going to spend a few years fighting this issue in Congress and in the courts. And they’re going to do everything possible to prove that they’re not monopolistic and don’t deserve antitrust scrutiny and regulation, which will limit their willingness to squash innovation. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?