Sunday, April 19, 2020

innovation secrets

Founded in 2012 when Field dropped out of college to become a Thiel fellow and his cofounder and classmate, Evan Wallace, graduated from Brown, Figma officially launched in 2016 as a tool to help software designers work together in the same web browser simultaneously. (Both Field and Wallace have separately made the Forbes 30 Under 30 list for 2015 and 2017; Figma appeared on the Forbes Next Billion Dollar Startups list last July.) Figma’s design templates and collaboration tools have proven a hit with its local tech company peers, counting Airbnb, Slack, Twitter and Uber as users. Outside of the Bay Area, Figma’s now in use at Microsoft, Volvo and Walgreen’s per its company website. As of the end of 2019, more than 80% of Figma’s active users were outside the U.S., the company has said. It had 150 employees at the start of the year.
Always drop outs of college innovate 

Figma joins a select group of business software apps to follow that playbook in recent weeks, including collaboration toolmaker Notion, which also recently reached a $2 billion valuation off a relatively small amount of capital raised, as well as Coder, which just announced new funding at a valuation of $200 million. And it’s unlikely to be the last startup with healthy prospects to accept such a safety net, either. Still, reaching such a “unicorn” valuation will prove a major milestone for Field, not yet 30 and at the helm of one of Silicon Valley’s hottest software businesses.



healthcare or what?

A lot of the time, [companies] don't actually need to raise a lot of money," says Leung, the Hong Kong-based head of healthcare investments for Qiming Venture Partners. So she weeds out entrepreneurs "who want to make a quick buck" and instead picks early stage firms with long-term vision, especially in healthcare. The strategy has paid off with a trio of recent IPOs including Chinese vaccine maker CanSino and medical device maker Venus MedTech in 2019 and U.S.-based Schrödinger, which makes chemical simulation software, in February 2020.


Shortly after cofounding FirstMark Capital during the 2008 recession, Heitzmann met two young founders at an NYU business plan contest who foresaw a sea change from a text-based world to an image-based one. Their idea became Pinterest, and Heitzmann, the lead investor in its $525,000 seed round in 2009, eventually enjoyed a reported 1,900x return multiple when it went public at a market capitalization in April 2019 of $12.7 billion. "Nothing's easy, especially when you're starting in a recession, but it makes you gritty," says Heitzmann, who is also an investor in Airbnb, Dashlane, Discord, DraftKings, Hubble, Ro Health and Upwork, and who previously was the first institutional investor in Riot Games and StubHub.

uncertain world

My First Summer in the Sierra (1911) is his famous account of the spiritual awakening he experienced when, in 1869, he first encountered the mountains and valleys of central California, of which he wrote: “Bathed in such beauty, watching the expressions ever varying on the faces of the mountains, watching the stars, which here have a glory that the lowlander never dreams of, watching the circling seasons, listening to the songs of the waters and winds and birds, would be endless pleasure…. No other place has ever so overwhelmingly attracted me as this hospitable, Godful wilderness.”

To qualify, investors are ranked by their portfolio companies that have gone public or been acquired for at least $200 million over the past five years, or that have at least doubled their private valuation since initial investment to $400 million or more over the same period. Forbes and TrueBridge put a premium on exits over unrealized returns, large multiples on capital invested or huge cash sums returned as of March 2020, just as coronavirus swept the globe. A data-driven list, Midas is produced after reviewing the submissions of hundreds of partners across dozens of firms each year.
Note: Investors who have been fired or resigned from their firms for any kind of misconduct are subject to removal from Midas List eligibility.


I
In an uncertain world, venture-backed businesses have helped define how we eat, shop and communicate. These tech investors have made star careers out of spotting such companies ahead of the curve and making bigger, bolder bets on their success.


THINK LONG, DREAM BIG, ACT DECISIVELY. THIS IS THE WAY TO DEAL WITH BUSINESS CYCLES."
—  NEIL SHEN, FOUNDING MANAGING PARTNER, SEQUOIA CAPITAL CHINA






Friday, April 10, 2020

future none knows - do u know whthr coronavires attack is the last one?

Future is  unfathomable space like  Space!

No one  can build castles in the air, a great universal truth.


People ‘trust  and vote’, some political  parties just to help their own  issues but what is happening :  

 i only state that  2G kinds of scams happened in  the UPA time in India between 2009-2014, so too NCP wasted food grains, in FCI go downs, by allowing grains  to rot in the rains, not sheltered properly;

Note:   ‘If you get elected,  if you do not care the voters  instantaneously they will not forget your improprities, they will  punish you by the next election - by 2014 elections, so UPA 2 lost to Modi  and UPA 2 - congress got 44 seats in 2014 Lok Sabha ; same kind issue before 2019 elections 

 those ideas only made BJP fellows work on some party  selfish incomes generating  ideas, again some serious corruption ideas ; any losses to the  banks is a good opportunity, to loot tax payers moneys; from that loot for your party or for your own   personal reasons; that is the politics of today; reason is needed in logic; not just dry logic - like Bush and Cheney government  wanted to take away iraq oil refineries, as this combine of Bush & Chenny wanted to open fronts , somehow; 


And   this strategy  got killed their (US) own soldiers running in thousands, in spite of,  not taking approval of congress for war; but, claiming ‘funny prerogatives’, even many presidents agreed to testify, before judicial committee; but high handed politics only caused problems for tax payers and people; similar    ideas   


Modi  government pursued  


politics in democracy is not for parties to make moneys but work for people, politicians  just to govern as it is not to change things;


 just honorarily;


 they can't draw big salaries and perks what UPA did;


 same kind these BJP men  also do. 

you can't escape as Congress for it too failed miserably, by causing inflation,

 that led the rupee just as useless waste paper joke  only ;

so, so many to quote - anyway here bank losses are the routes for big bailouts who will pay bail out no parties for their misgovernance but tax payers, why you fellows fail in governance but you fellows ask tax payers and people to pay is the question need to be addressed.





If you have  faith in the future  you are Nowhere! 
Without win/win attitude but

Work  on ‘present’ only Tomorrow will take care of itself

You need to see -

‘Tis the part of a wiseman to keep himself today,  for tomorrow, and never venture all the eggs in one basket’ ;

‘Just 25 experiments cannot be an ‘arbiter in problem solving'. But fact is like in law. There ‘Audi Alteram partem' is allowing the respondent to place his argument. 

For  example,  an income tax officer thinks he finds a concealed  income. 

He has to prove, how  the income was concealed?  He needs to show by necessary proof , that,  after all the ‘prosecutor cannot be the judge, in his own case’;

 if prosecutor can be a judge then why do you need judiciary at all;

  ‘fact’ is, these ideas  once tested several centuries earlier/later  that ‘idea’ is advertised, here too you will  take a position, that way natural justice came into being.

  I agree, simply putting your leg in other man's shoe, you  really, can reach in to comprehend, that way study reconfirms;

  but saying you conducted 25 experiments, you gotta break through,  it is like Modi saying, ‘he brought bullet train’ to run between Ahmedabad - Mumbai  

 (whatever    new name these political fellows   say, in politics, may give to a place cannot  automatically solve the city problems and the peoples' problems; but just for one's own  personal reasons that only govern;

 not the over all peoples’ needs),

 to Mumbai, is Modi's idea of appeasing the rich Surat men, (like Nirav's),  based rich and wealthy or such kind men rich and wealthy  gujaratis, (rich can fly), not the real ordinary people of normal means ( gujaratis) .

 But he took ‘tax payers’ money ‘for granted’, by ‘some useless talk’ dramaturgy; fact is he simply wastes money on defense.. if you use your own resources of all kinds, you only make your people to fall into poverty that is happening after unnecessary attacks in J&K, what you do is you become vulnerable to attacks so that Indians only lose a bulk men and materials.. if any mobilization takes place your own people lose food and a lot might die of hunger what Sun Tzu said.. in his war is a deception strategy.

 and misused by positioning himself, as if ‘ he is putting his leg into other man's show idea only);

 this idea is already there, time immemorial, like 'Audi alteram partem, (hearing principle). 

 I don't think it is ‘super thinking’ as such;

 it is something like ‘Old wine in a New Bottle’ only.



Modi’s description  in words tends to ‘inflate’, expand, and inflame the  imagination, so that in the end the thing or person described  is amplified into a larger than-life size figment of imagination, is very  big Nothingness but all kind of ‘lies’ only he tries to market!, as if some screenwriting and that kind of language.