[DISCLAIMER: this post is in no way associated w/ the VC firm Foundational Capital.]
My first SOCAP was illuminating to say the least, and not just because I was excited to see what the world of Impact [Investing] was all about, but also because I got to hear firsthand what young companies in countries with little to no venture capital do to get off the ground. What do they do? What they have to. It turns out a big piece of that equation is working with private foundations and government entities, and so perhaps appropriately, I was keenly interested when the World’s second largest Telco invited me to their startup pitch [...]
When a fire broke out at Motiva Enterprises’ oil refinery in Convent, Louisiana, there was more at stake than the safety of the 300 workers located there. Within seconds, oil traders anticipating a prolonged halt in production drove the price of motor fuel products soaring. But the first news of the blaze didn’t come from the established business wires like Bloomberg, Dow Jones or Reuters. Instead, it was a South Louisiana and Baton Rouge based newspaper, The Advocate, that tweeted about the flames. Four thousand miles away in London, that tweet was flagged up on a new search tool using advanced information processing techniques to scan social media called Krzana – a Sanskrit word [...]
Travel platforms are becoming quickly outdated, and many are looking to blogs or personal views as an alternative. As a result, too much time is being wasted searching on where to go, and how to get there. That’s why we’ve creating KOMPAS: the pocket guide to the world’s urban jungles. From a blog that started in Munich, we’re now building travel recommendations based on interests and locations, and we’re using disruptive technologies such as machine learning and narrow intelligence to do [...]
Why is this?
From one perspective it’s very simple to answer: every player in the insurance market has been enjoying 10-20% net margins for over a century, so why would they want that to change? Lloyds of London tried bringing into their organisation technology innovation with Kinnect in 2002 but after £70m investment and 5 years, it was shut down. Hence, until the rise of fintech, insurance companies felt very [...]
Through the ‘Hive’, which acts as the central repository for receipts customers can access all of their receipts and share them with employers (along with friends and family), thereby aiding the uphill battle with expense reports, while receiving up to date analytics on their spending habits.
For retailers the benefits include unprecedented marketing [...]
This is that moment. That moment when your phone has a nervous breakdown and decides to leave you alone. That moment when you realise you have to find someone who can repair it. That moment when you realise you’re freaking busy but you have to take your afternoon to go to Whitechapel or further to repair your phone. That moment. When you realise how annoyed you are…
But wait, there’s some good news, and it’s called Repairly.
Founded by two cool Uni classmates, Fraser Williams and Tom Young, this ‘white glove’ sexy and cool service comes to you to pick up your phone-tablet-laptop and bring it back within two hours, all brand new. The idea behind it is simple: make [...]
“Be My Eyes is connecting people like Uber or AirBnB. It’s a service that connects someone in need and someone willing to help” says the founder, Hans Jørgen Wiberg, himself reached with blindness.
After several years of intense work, the concept won an innovative project award and been outsourced from Denmark to San Francisco to be part of the research program of the Silicon Valley University. The app has become global in 2015 and already counts 25 000 blind [...]