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Four Unique Operating Details of Telegram – The Mysterious Social Media Giant
Telegram, a messaging app that has grown to approximately 1 billion active users, takes a refreshing approach to growth. However, the behind-the-scenes operation of the company has been kept a secret. In a rare occasion, Telegram founder Pavel Durov accepted an interview with Tucker Carlson, revealing some unique details behind the door. It Has…
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The Five Common Mistakes SMBs Make With Their Finances
Mismanaging finances is the number one reason small businesses fail. Without saying, ensuring the financial health of a SMB is crucial for its longevity and success. However, many SMBs fall into common traps that can jeopardize their operations. Here are the top five financial mistakes that SMBs often make: Not Keeping Up with Bookkeeping…
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From Liquid Staking to Liquid Restaking – EigenLayer
Today we are going to delve into the evolution from Liquid Staking Tokens (LST) to Liquid Restaking Tokens (LRT). Different from the 2021 – 2022 bull market, this bitcoin ETF-led bull run is often criticized for lacking technology innovations. LRT is undoubtedly an innovation that takes the most mind share this time around. Let’s…
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Have A Winning Strategy
The stereotype of a finance person is a bean counter — someone who keeps track of the numbers of running a business. The main function of a finance department has long been considered as bookkeeping. However, the role of finance in business extends far beyond keeping track of numbers. It can, and should play…
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Getting The Basics Right
One Techcrunch article caught my attention recently. Fisker, the EV startup is struggling to keep track of its payments (both receivable and payable) as it embraces accelerated growth. In some cases, it delivered vehicles without collecting payments. What a way to win initial customers! As a startup builder who is building a digital product…
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Financial Nihilism and The Rise of Memes
On Nov 20, 2023, a new dog coin was launched on Solana blockchain. Below is the launch tweet. It immediately received unwavering backing from the biggest Solana influencer Ansem. A tight-knit WIF community quickly formed around him. On Feb 3, 2024, the community even put a knitted hat on the famous Wall Street bull,…
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Onboarding Institutional-Grade Products to DeFi: Options
Today is 29th of February, 2024. Yesterday, bitcoin price broke $60k again. As someone who has been watching this industry closely for years, I can feel lots of emotions rushing to my head. Being part of something early is a truly magical experience. First, they want to crush you, then they want to join…
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Conversion Math: The Devil Is In The Details
You have raised seed via SAFE/Convertible notes and you are now converting them to equity in your first venture round. The convertible agreement is standard. There is a discount rate, a valuation cap and maybe a clause for convertible overhang (if you don’t have the clause or don’t know what this is, read more…
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Building The Future: A Look At The Latest Infrastructure Projects in Bitcoin Ecosystem
On January 10, 2024, all eleven Bitcoin ETFs were approved by SEC, opening a new chapter of digital assets. It also marked the official start of this bitcoin-fueled bull run. Unanimously, both traditional finance and crypto natives recognize that the Bitcoin ecosystem is one of the biggest opportunities this cycle. Despite Bitcoin being the…
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Live or Die: The Importance of Cashflow Design
Cash flow is the bloodline of any business, but for early-stage startups with limited access to financing options, it is even more crucial. However, more often than not, the first place the founders look to improve cashflows is payment terms. Yet payment term is only one small piece of the puzzle. In this post…