During the mass adoption of the www, no one cared about what a "HTTP" was, they just cared about visiting websites. User experience above all. Awareness of "NFTs" (the tech) should never be the goal for adoption. The experience is what wins in the long run.
Largely agree with this - but important question is, if hot air is leaving markets, what will remain? Builders will remain, and there's always room for tech that delivers value. Some of best tech cos built during downturns
An entire generation of entrepreneurs & tech investors built their entire perspectives on valuation during the second half of a 13-year amazing bull market run. The "unlearning" process could be painful, surprising, & unsettling to many. I anticipate denial. Some thoughts:
The worst product and engineering directors/executives I’ve worked with or observed shared this one thing:
They refused to write their strategy and goals down and share it.
Instead, they kept changing it on the go. Not writing down was a strategy to avoid accountability.
You don't need a flashy new idea to build a business.
Go find:
- Antiquated industries
- Slow companies
- Poor service
Use technology to do a better job and you'll likely start chipping away.
A much easier lens to view entrepreneurship through.
This is excellent, and can enable young folks anywhere to test their ideas and build new things. I'm in!
Anybody - particularly in/around South East Asia - with projects that need $$$ or who would like to donate, see below:
Have been experimenting with giving ambitious kids money to just build cool stuff, calling it “tiny grants”. I held a contest on TikTok and Venmo’d $200 to this kid who used it to build a 5ft rocket with on-board camera.
I think we can scale this model up, here’s how:
"...PromptPay is working. The service surpassed 56 million users in April 2021 in a country of 70 million"
Fascinating stats on unique Thai fintech ecosystem which bypassed the interoperability challenges seen in other mrkts. Great piece by @jonrussell https://t.co/Ji0B17b3p4
Myanmar borders on nearly half the world's population. The borders are porous. Covid in Myanmar is now out of control. A failed state can't bring Covid under control. New Myanmar Covid variants could threaten the world. Global cooperation to help Myanmar is more urgent than ever.
Absolutely heartbreaking to hear across all sectors the #s of Myanmar young entrepreneurs/students/activists etc who are now jobless or had liquidate projects/startups which were thriving until February...as a a friend put it "For Myanmar youths, feels like all dreams are dead"
Are you a 🇲🇲 SME owner & wish to promote responsible business, don’t miss this chance to apply for grant from 🇩🇰’s @BusinessRbf 🇩🇰 has provided 14.6 bil MMK worth of grants to >450 SMEs since 2018. Please share! @DanishMFA https://t.co/YxH3J7H7EU
Listen to Missing America - @brhodes' terrific new podcast on some of the most pressing issues facing democracy right now. In this episode, I joined to talk about some of the stuff that’s been happening on social media in Myanmar in recent years.
Excited that @Phandeeyar is in Fiji, Samoa and Papua New Guinea! If you are too, and you’re running a tech startup, register to the Startup Challenge Pacific Islands, and get support to accelerate your business!
This is the 4th Myanmar Digital Rights Forum. Bigger and more important than ever. Critical that digital stakeholders collectively get behind stronger digital rights #mdrf2020
Mandalay has a quickly growing tech community and lots of opportunities for digital transformation. In the business challenge, 150 entrepreneurs and SME owners come together to create and validate digital business models.