The Tale of the Soonicorns

Linux turned 25 this week and someone found Linus slyly ballin’ in Linux’ source code.

Have you spent a lot of time trying to figure out how your potential investor goes about investing and if they’ll invest in you? Worry no more, First Round just put up their investment strategy.

We could be seeing Vin Diesel driving off the ISS in Furious 8 (or 9 or 10) but without all the revving.

UNICORNS AND SOONICORNS

While PayTM just got a commitment of $60 million from Mediatek, MobiKwik secured a solid round of funding themselves. So much so that their COO believes they’re neck to neck with PayTM.

MobiKwik be like

Meanwhile take a look at these glorious Soonicorns about to be Unicorns.

THE HOMEGROWN PIONEER VS THE GIANT MULTINATIONAL

Yes, I know that sounds like the title of a Roald Dahl story. No, this is nowhere as childish.

Was it the mobile-only approach, which Flipkart adopted, that lost them ground against Amazon? Or was it Sachin Bansal’s brash audacity that cost them their 7 year head start? Kunal N. Talgeri takes a look in this brilliant investigative piece.

MOTIVATION AND OPPORTUNITIES

Here’s a little story about a Ukrainian who used to survive on food stamps and in 2014 earned the equivalent of 1/10th of Ukraine’s GDP.

Roughly 40% of Fortune 500 companies were founded by immigrants. ‘Murica has responded to this staggering stat and the Obama administration has just announced steps to attract the best of the immigrants. Let’s just hope the one with the “Little Hands” doesn’t mess this up.

STOP READING THIS, GO BACK TO WORK

I can’t even remember the number of times we’ve had this conversation now. I give up.

Curated this week by your friendly neighbourhood startup romantic.

Peace.

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