Author: Emirates Insight
We all know the failure rate of startups, roughly 90 percent over five years. And we know Silicon Valley might still be the top place in the United States for founding technological enterprises. Perhaps it’s because venture capitalists expect that the companies they back be based in or relocate to Silicon Valley. However, when you explore the type of business you want to establish, you should consider the importance of a number of elements other than money that could affect your startup’s success. Even in the age of remote work, the location of your startup may be more important than…
A blockchain is a decentralized database that is shared among computer network nodes. A blockchain acts as a database, storing information in a digital format. Blockchains are well known for their critical role in keeping a secure and decentralized record of transactions in cryptocurrency systems like Bitcoin. The blockchain’s novelty is that it ensures the fidelity and security of a data record while also generating trust without the requirement for a trusted third party.The structure of the data on a blockchain differs from that of a traditional database. A blockchain organizes data into groupings called blocks, each of which contains…
Elon Musk says a lot of things that appear fanciful. For example, Elon Musk, the millionaire CEO of Tesla and SpaceX, appears to believe that by transferring their brains into robots, humans would be able to live indefinitely.”I believe that is achievable,” Musk, 50, told Insider recently. “Yes, we could download the characteristics that we believe distinguish us. Of course, if you’re no longer in that body, there will be a difference, but as far as keeping our memories and personalities, I believe we can do it.” The idea of prolonging human life by downloading consciousnesses into synthetic bodies has been…
The State Bank of Pakistan (SBP) has given Careem Pay an in-principle approval (IPA) for an Electronic Money Institution (EMI) license, which would allow it to offer financial services such as bill payments, and peer-to-peer (P2P) transfers, and wallet cash-outs.Careem, the ride-hailing company, has announced the creation of Careem Pay, its fintech subsidiary in Pakistan, as a separate organization with intentions to invest $50 million in the country, according to a statement. Noman Khurshid, who has been with Careem since 2018, will lead the Careem Pay section as its General Manager. The process of becoming an EMI will open the way…
COLABS, a coworking space in Lahore, has secured $3 million in a seed round, with the goal of becoming a launchpad for companies and freelancers.Pakistan-focused funds Indus Valley Capital, Zayn Capital, and Fatima Gobi Ventures led the seed round. Shorooq Partners, Kinnow Capital, Muir Capital, Sai Ventures, and certain prominent angels such as Turner Novak, William Hockley, and Teddy Himler also participated in the round.Colabs were founded in 2019 by Omar Shah, former private equity and venture capital investor, and his twin brother Ali Shah, who runs SABCON, a long-running family-owned real estate and development firm that develops and builds…
Globally, entrepreneurship is on the rise. According to the Global Entrepreneurship Monitor, more than 582 million people have started their own businesses.There appear to be as many myths and misconceptions as there are people starting new businesses.So, before you plunge in with your feet first, think. You don’t want to be disappointed because you didn’t complete your homework. There are numerous places to begin. You can conduct research or even enroll in an online course. Perhaps you might seek mentorship from someone you admire for their business ability. What you don’t want to do is create your own barriers to success.Myth…
Getting a chance on ABC’s “Shark Tank” demands tenacity. Les Cookson, the CEO of LucidArt, has learned that lesson twice.Cookson demonstrated it on Friday’s program, winning a $300,000 investment offer from Daymond John for his California-based painting firm. Cookson had proposed a bib for carsick children to the Sharks in 2011 but walked away without an agreement.Cookson informed the Sharks on Friday’s program that in the 11 years between appearances, he studied great pitches on the show meticulously, breaking down principles he could apply himself. “Every time I saw an entrepreneur come in with these incredible figures, they stated it was…
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. Have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. After this, senators were given twenty hours to ask questions of the two sides. Anthony Zucker: Why there could be a speedy…
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. Have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. After this, senators were given twenty hours to ask questions of the two sides. Anthony Zucker: Why there could be a speedy…
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. Have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. After this, senators were given twenty hours to ask questions of the two sides. Anthony Zucker: Why there could be a speedy…