It is estimated that the global population was less than 1 billion at the beginning of the 19th century. Today, 200 years later, the world’s population has soared to 7.2 billion, and is expected to reach 10 billion by 2050. As a result, humans have to compete with all other creatures for natural resources. Human activities have caused global warming which caused the world many problems. One of them is the drastic decrease in worker productivity due to hot weather, the other is serious wildfires. In 2019, Australia’s bushfires caused 17.1 million hectares of scorched earth (about 155 Hong Kong), and 1 billion animals suffered from the disaster. In 2020, the wildfires on the west coast of the United States killed dozens of people, the smoke even spread to Europe, which is 8,000 km away.繼續閱讀
The Esri Startup Program (Esri Program) supports startups which use geographic information in their core business. The companies participating in the Esri Program have diversified business, they include American companies as well as startups from many countries around the world. SmartLoc from Russia is an example.繼續閱讀
While venture capital funds in the United States raised a strong $21 billion during the first quarter of this year, compared to a total of $51 billion raised for the full year of 2019, a recent National Venture Capital Association report expected a “capital crunch" in the coming months as most VC firms would flee to safer, more liquid assets, like public securities in view of the covid-19 pandemic. In other words, startups will find it more and more difficult in fund raising. Therefore, how to conduct a successful pitch becomes even more critical than before. That’s the reason why the success experience of a recent pitch of an entrepreneur is worth sharing.繼續閱讀
The COVID-19 epidemic cast a deep shadow over the global economy, and the situation startups are faced with is tragic. Startup Genome, a consulting firm, interviewed more than 1,000 startups across 50 countries around the world from March to April, it was found that more than 70 percent of the startups interviewed were forced to lay off employees due to the epidemic.
As I mentioned in a previous article, I had been invited to serve as a mentor for several startups from Mainland China and Hong Kong. The project is called the X-Plan and has been organized by the Hong Kong X Foundation. Each participating company had to present an elevator pitch within a short period of time for prospective customers. At a recent gathering, we let the participants share their difficulties and seek advice from us. 繼續閱讀
Steve Case, co-founder of AOL, the world’s largest and most valuable internet company in the 1990s, said in his book The Third Wave: An Entrepreneur’s Vision of the Future that the internet is moving from virtual to the physical world, and the rules of the game are likely to be redefined. 繼續閱讀