Automated Investing

Unicorn / Startup / Entrepreneur

Top 5 Reasons Why Startups Fail

Every month, a lot of startups are established but the failure rate is very high.  As of 2021, 20% of them fail within the first year, 50% fail within 5 years and 65% have to give up within 10 years. So Why do most Startups fail? Let's find out the top 5 reasons why startups fail.

Every month, a lot of startups are established but the failure rate is very high.  As of 2021, 20% of them fail within the first year, 50% fail within 5 years and 65% have to give up within 10 years. So Why do most Startups fail? Let\'s find out the top 5 reasons why startups fail.

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Money Tips from Millionaires: 3 Money Mistakes to Avoid on Wealth Creation

If you are stuck in life, you feel around a dead end without finding out where the problem lies, perhaps Munger's wisdom can inspire you a lot.

Here are 3 Money Mistakes to Avoid on Wealth Creation that Munger advises. If you want to be rich, do the opposite.

If you are stuck in life, you feel around a dead end without finding out where the problem lies, perhaps Munger\'s wisdom can inspire you a lot.

Here are 3 Money Mistakes to Avoid on Wealth Creation that Munger advises. If you want to be rich, do the opposite.

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S.Korea’s Unicorn numbers hit record high

Ministry of SMEs and Startups said that the country has just added five startups to the list of unicorns (companies valued at more than $1 billion) in the first half of 2022, bringing the total number of unicorn businesses to 23 - A record number.

Ministry of SMEs and Startups said that the country has just added five startups to the list of unicorns (companies valued at more than $1 billion) in the first half of 2022, bringing the total number of unicorn businesses to 23 - A record number.

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Seoul ranked 10th Best city for Global Startup Ecosystem in 2022

In the report "Global Startup Ecosystem 2022" published by research firm Startup Genome in London (UK), Silicon Valley was ranked the highest place, Seoul (South Korea) was ranked 10th in the group of cities with strong startup ecosystems.

In the report "Global Startup Ecosystem 2022" published by research firm Startup Genome in London (UK), Silicon Valley was ranked the highest place, Seoul (South Korea) was ranked 10th in the group of cities with strong startup ecosystems.

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STARTUPS FOR ELDERLY CARE ARE BOOMING IN SOUTH KOREA

With an increasing number of lonely elderly people, Korea is facing many challenges of a super-aged society.  This is also a opportunity for many startups.

South Korea stands at the second place just behind countries like Japan and Germany in terms of an aging population (called the super old society) where people aged 65 and over account more than 20% of the population.

With an increasing number of lonely elderly people, Korea is facing many challenges of a super-aged society.  This is also a opportunity for many startups.

South Korea stands at the second place just behind countries like Japan and Germany in terms of an aging population (called the super old society) where people aged 65 and over account more than 20% of the population.

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UK-AUSTRIAN RECRUITING STARTUP OMNIPRESENT RAISES $120 MILLION

Recruiting startup backed by Tencent raised $120 million in a recent funding round.

Recruiting startup backed by Tencent raised $120 million in a recent funding round.

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FAMOUS BABY SHARK VIDEO’S OWNER PLANS TO IPO

Korean company Pinkfong released the Baby Shark video in 2015, the song became a worldwide hit which makes not only children and parents everywhere fall in love and dance along.  This is the first animated kid-oriented video in history to surpass 10 billion views on YouTube. 

Korean company Pinkfong released the Baby Shark video in 2015, the song became a worldwide hit which makes not only children and parents everywhere fall in love and dance along.  This is the first animated kid-oriented video in history to surpass 10 billion views on YouTube. 

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PHILIPPINE FINTECH STARTUP RAISES A $46M INVESTMENT

Philippines-based Fintech startup PayMongo has raised a Series B funding round worth $31 million, bringing its total investment to nearly $46 million.  The three-year-old startup is backed by Peter Thiel, the co-founder of PayPal, payments giant Stripe, and the Silicon Valley incubator Y Combinator.

Philippines-based Fintech startup PayMongo has raised a Series B funding round worth $31 million, bringing its total investment to nearly $46 million.  The three-year-old startup is backed by Peter Thiel, the co-founder of PayPal, payments giant Stripe, and the Silicon Valley incubator Y Combinator.

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KOREAN ONLINE COMIC STARTUP BECOMES A $1.3B UNICORN

Korean e-book and webcomic provider RIDI has raised $99.4 million in a funding round led by Singapore national investment fund GIC.  This funding round raised RIDI's valuation to $1.3 billion, making this company the first Korean content platform to achieve unicorn status.

Korean e-book and webcomic provider RIDI has raised $99.4 million in a funding round led by Singapore national investment fund GIC.  This funding round raised RIDI\'s valuation to $1.3 billion, making this company the first Korean content platform to achieve unicorn status.

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A SWEDISH ELECTRIC VEHICLE STARTUP SUCCESSFULLY RAISED $260M

Volta Trucks, a Swedish electric vehicle startup, has raised $260 million in a Series C funding round. This new investment raises the company's valuation to $490 million.

Volta Trucks, a Swedish electric vehicle startup, has raised $260 million in a Series C funding round. This new investment raises the company\'s valuation to $490 million.

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