Nana korobi ya oki This statement is particularly true for tech startups. Historically, some of the most successful startups show that you have to keep trying until you find the proverbial “product-market fit.” What does this mean? Marc Andreessen (co-founder of Netscape and Andreessen Horowitz) defines the term as follows: “Product/market fit means being in a good market with a product that can satisfy that market.” In order to find a good product-market fit, a startup has to fail multiple times. …
Author: giridevanur
→Mr. Giri Devanur is a Serial Tech entrepreneur, from India, who is currently based in the US. Born in a small town called Chikmagalur, Karnataka, India Giri went later went on to ring the Nasdaq Stock Market Closing Bell in New York City. Giri holds a Master of Science (MS), in Technology Management • from Columbia University in the City of New York, and Executive Education from Harvard Law School, and an Executive Education in Innovation at MIT in Computer Science. He was a mentor of – the Executive Master Program-Columbia University. He is an E&Y Entrepreneur of the year award winner and has successfully completed the Nasdaq IPO of AMRH (Ameri100.com). He has helped raise multiple rounds of capital, executed M&A. Giri Devanur is currently the CEO & founder of ReAlpha Tech Corp.
I’ve found that senior business executives, entrepreneurs and employees climbing the ladder all have a common goal, and it isn’t success, power or fame. On a very basic level, what drives everyone is a desire to create happy and memorable experiences, both for yourself and for the people around you. Take Netflix CEO Reed Hastings, for example. He has said publicly that he takes six weeks of vacation per year, often spending that time outdoors, where he says he does his …
One of the questions most executives ask themselves in regard to their employees and their organizations is: “How do we achieve peak performance on a continuous basis?” Attaining peak performance is almost always about understanding one’s physiology and gaining a better control of emotions, thus enabling smarter decision making. Every success, failure, or opportunity seized or missed is the result of a decision that someone made or failed to make. In neuroscience terms, all decisions are initially driven by feelings, …
The global finance industry is massive. Global assets under management (AUM) is approximately $85 Trillions (https://press.pwc.com/News-releases/global-assets-under-management-set-to-rise-to–145.4-trillion-by-2025/s/e236a113-5115-4421-9c75-77191733f15f) This massive industry is under attack from various angles. Yesterday I was at a brick and mortar bank. I like my client services manager (Let’s call him Mr.W). Mr.W is a super cool guy and he is always smiling. But he couldn’t get me a simple transfer from one bank in US to another in India. It takes 5 business days!! Yes FIVE business days. And …
Dear 2017, I have fond memories of you. This past year has been absolutely amazing. Wanted to thank all my family, friends, colleagues, advisors, together with known acquaintances and unknown angels who have helped me in this wonderful year! Very pleased with the last 365 days as it helped me accomplish a decent amount. Here is a small but significant list. Big bucket list items: Teaching in Columbia University (https://youtu.be/K1woLb-QzMQ) . This was one of the biggest moments of my …
We all worry about how to maintain “privacy”. Adding fuel to such concerns is the recent leakage by Equifax (which said some 15Million people lost their identity fully) AND Yahoo claimed that EVERY SINGLE user who had an account with Yahoo lost their identity. 3 Billion accounts hacked. Go figure!! But these are just the tip of the iceberg in Cyber Security problems which are yet to come. Come to think of it, let’s say you just went on a international …
@apple announced the arrival of new iPhone X on September 12th, 2017. 10 years ago, I had witnessed the arrival of a technology marvel. Compare the original iPhone with Nokia or Blackberry, which were “the market leaders” back then. VS The iPhone was a piece of art. We all started lining up in front of apple stores. @apple was a $25Billion market cap company. Fast forward 10 years and 8 more models of the iPhone, the valuation has shot up …
For some time now, I have been trying to find an answer to a question that has been on my mind. Which is more important- Chanakya’s 3 questions or Aristotle’s First principles? For a brief understanding of these two scholars, Aristotle was born 384 B.C and Chanakya in 371 B.C, around the same time period. For more on Chanakya , read (https://en.wikipedia.org/wiki/Chanakya) Both were in one way, or another, connected to King Alexander. Aristotle taught him and Chanakya strategized against …
I had predicted in 2015 that Facebook will have 2Billion users (prediction number 5 in the blog below). It has already happened!! http://money.cnn.com/2017/06/27/technology/facebook-2-billion-users/index.html [huge_it_share] https://giridevanur.com/2015/12/30/technology-predictions-2020/ …
Its been a interesting few months for SAP investors. Stock has jumped from $72 on 6/27/2016 to $103 on 5/12/2017. MCap jumped from $70Billion to $127Billion!! That opens a possibility to think is the stock headed to a market capitalization of $200 Billion? I think there are 3 mega trends which may make this happen. Upcoming SAP HANA upgrade super cycle – We are seeing that all customers (approximately 55,000 ECC users) will switch to HANA for sure in next few …
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