Tag: Technology

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Payment Giant Wise hit the stock market via a hotly anticipated direct listing at an initial $11 billion valuation

Gillian Guo

Payment Giant Wise hit the stock market via a hotly anticipated direct listing at an initial $11 billion valuation at an initial $11 billion valuation. Eschewing the investment banks (and the hefty fees) involved in an initial public offering (IPO), Wise’s early … Continue reading Payment Giant Wise hit the stock market via a hotly anticipated direct listing at an initial $11 billion valuation

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Didi is back in the Chinese government’s crosshairs, just days after pulling off one of the biggest US IPOs of the past decade

Gillian Guo

The Chinese government ordered the country’s app stores to remove the ride-hailing giant, Didi, over the weekend. It says it’s a matter of national security: Didi has access to hundreds of millions of Chinese customers’ personal information, while counting major international companies (like Uber) among its shareholders. It’s not the only one: other US-listed Chinese companies – including online recruitment company Kanzhun and truck-hailing firm Full Truck Alliance – were caught up in the crackdown too. For markets: Cue the ripple effects.This was the next episode in a long-running series of crackdowns on Chinese tech firms, so the news sent all their stocks tumbling on … Continue reading Didi is back in the Chinese government’s crosshairs, just days after pulling off one of the biggest US IPOs of the past decade

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How to turn Bitcoin Green?

Gillian Guo

The consensus is that bitcoin mining consumes a lot of energy and you may well wonder how bitcoin’s intensive energy consumption can be reconciled with many investors’ aspirations to help tackle climate change through the power of their portfolios. I thought now would be a good time to investigate the cryptocurrency’s current green credentials (or lack thereof) and explore what the prospects are of bitcoin mining becoming more eco-friendly in the future. It’s unclear exactly how much energy bitcoin mining uses. Cryptocurrencies are, after all, hard to track by design – and the studies that have attempted estimates have reached differing conclusions. The Cambridge Centre … Continue reading How to turn Bitcoin Green?

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Studying notes from ‘Hacking Growth’

Gillian Guo

You can be confident that your product is a must-have if at least 40% of your customers choose ‘Very disappointed’. However, if the amount of customers answering, ‘Very disappointed’ is under 40%, you must continue to improve and develop your product. 3. A/B testing. A way tests the effectiveness of two different product variations. The project management tool Basecamp used this method to test potential marketing taglines, for example, and that’s how they discovered that the prompt ‘See Plans and Pricing’ attracted twice as many new customers as ‘Sign Up for Free Trial’. 4. Standard metrics for online businesses include … Continue reading Studying notes from ‘Hacking Growth’