2021 is all about startups
Finansia: August 2021 Roundup
August spotlight on Afghanistan when Talibans took over its government and triggered the humanitarian situation in the country. It’s a grim reality that the Talibans are richer than you think. Writer Edmund analysed the group as an economic enterprise and viewed from the perspective of business valuation.
The financials look promising but humanitarian wise is depressing.
Dream big, and let your passion shine ~ Richard Branson
#worldentrepreneursday on August 21 celebrate entrepreneurs who embrace innovation and leadership.
Rising businesses from “Forbes Asia 100 To Watch”. From underwater drones to satellite propulsion systems and everything in between, the inaugural Forbes Asia 100 to Watch list spotlights notable small companies and startups on the rise across the Asia-Pacific region.
It’s raining unicorns, or soonicorns?
CB Insights and Fast Company team up to analyze 50 future unicorns (high-momentum startups that we think will eventually be valued at $1B or more), using Mosaic algorithm. For Asia, India made it to the list with CRED, payment startup; Moglix, e-commerce company and Vedantu, edtech. Another edtech also on the list which is Codemao from China.
What makes these businesses so successful?
Pitch perfect moments that marked their early success
CB Insights compiled a list of 25 unicorns early pitch decks that helped them get on the journey to their billion dollar stories.
As the saying goes by, one person’s failure is another’s success lesson. Where there’s successful startups, there are also a handful of businesses struggled to thrive.
So why do startups fail? Here’s a compilation of startup failure post mort by CB Insights and the top reason is funding.
Also check out the time-staggered compilation (2014 – 2021) of 378 startup failures in the CB Insights database.
PS: Early startups
If your startup is in seed stage or in search of funding for your startups, check out these corporate seed stage investors.
Report of the day
Half year review on fintech stories by KPMG covering analysis of H2 trends by fintech verticals, as well as global, EMEA and APAC fintech deals analysis in H1.
Dive deep:
- APAC H1 deals ~ 467 out of 2,456 global deals
- China & India attracted major fintech investments, $1.3B & $2B respectively
- The anticipated closure of Grab’s $40B SPAC merger delayed to Q4 2021
- top global fintech deals by CNBC named fintech disruptors ~ Robinhood and Nubank
