AMID the economic downturn, homegrown tech firm Grab has cut 5 per cent of its workforce, but will "double down" on the delivery segment by redeploying more talent there, chief executive Anthony Tan announced to staff on Tuesday. Grab's move to retrench employees highlights how even startups touting asset-light business models may not necessarily be more operationally agile than traditional…
Everyone is fascinated with predicting when the market will turn, especially venture capitalists. Perhaps now that Game of Thrones is over, we can put a merciful death to the refrains of “winter is coming” that seemed so much more clever seven seasons ago. And while Chamath Palihapitiya of Social Capital recently suggested that quantitative easing could prevent most recessions in…
Last week, I wrote about the evolution of Utah’s tech community. Most of the entrepreneurs and investors I spoke with in the “Silicon Slopes” region have said it’s become easier to recruit out-of-state talent in the past several years as startups in Provo and Salt Lake City have reached varying degrees of success. The area produced multiple companies that had successful…
In business, mistakes happen to even the most seasoned of entrepreneurs. As a new entrepreneur, you will be faced with business challenges on a daily basis, and not every decision made will go as well as you might like. Some missteps are small enough that you are left with just a little regret, while others can be monumental in how…
Heads up: All products featured here are selected by Mashable's commerce team and meet our rigorous standards for awesomeness. If you buy something, Mashable may earn an affiliate commission. In the age of startups, having a good idea will only get you so far. You need to raise money, market your business, and attract customers, which is probably why 75%…