Category: Startups

Stripe to open Singapore hub following $245m fundraise

~ michael_msft ~ Leave a comment

Stripe to open Singapore hub following $245m fundraise

From the Stripe Blog :: https://stripe.com/blog/singapore-eng-office

If this doesn’t put Singapore on the map in the global tech arena – then not much will.

Stripe is huge and they have chosen Singapore as an engineering hub.

This continues my hypothesis of why Singapore has already won the hub if SEA region and has vaulted past Hong Kong.

Why? Look at all the global companies with their hubs here and more and more will come and probably do more engineering than just sales and marketing.

Singapore is safe, fair, family friendly and the government is pro tech.

This also helps bolster one the trends I am have been trading on – the TTS. Trailing Tech Spouse.

Companies like Google, FB, AirBnB and now Stripe – move executives to Singapore and with them comes their spouse who often is also in tech. Thus bringing more experiences talent to the region but primarily Singapore.

Super exciting.

Also:

The Basecamp Way – Bryce Roberts – Medium

~ michael_msft ~ Leave a comment

A good read. Something founders should always consider.

The Basecamp guys usually bash VC’s as evil and the root of all startup problems but I don’t agree.

However I do agree with the premise that NOT all companies should raise money. It is not the only path.

Always find it funny when founders are surprised that a VC would say to a founder – don’t raise money. You don’t need to.

VC money should be used to make the outcome bigger by a huge factor than if you didn’t raise money.

Basecamp is a rarity in this day and age and some of the biggest exits for founders are when they don’t raise money.

Everyone has a different need or use case but founders should always think of all options.

The Basecamp Way – Bryce Roberts – Medium

a16z Podcast: Technological Trends, Capital, and Internet ‘Disruption’ — a16z — Overcast

~ michael_msft ~ Leave a comment

Love hearing Fred and just his candid take on so many subjects.

Also some pragmatism around crypto but at the same time very interesting ideas of where it can go. 

The post 40m mark talks about digital goods and things crypto can unlock. Crazy stuff but still possible.

I read Fred and always admire his experience and just straight talk about the VC industry.

Go listen.

a16z Podcast: Technological Trends, Capital, and Internet ‘Disruption’ — a16z — Overcast