18-Big Money, No Money


  1. Twitter shares soar in frenzied NYSE debut – Twitter Inc shares rose 73 percent in a frenzied trading debut that drove the seven-year-old company’s value to $25 billion and evoked the heady days of the dot-com bubble.
  2. Welcome To The Unicorn Club: Learning From Billion-Dollar Startups – In a post on Techcrunch, Aileen Lee, Founder of Cowboy Ventures put out an article breaking down the Global Start up scene and identifying what she calls the “Unicorns”, how likely is it for a startup to achieve a billion-dollar valuation and what we can learn from it.
  3. Latest research from LinkedIn, a social network for professionals, revealed that Singaporean parents might not understand their child’s job – According to a global study conducted by LinkedIn, a social network for professionals, in 14 countries with 16,102 parents, 46 percent of 1,943 Singaporean parents surveyed do not understand what their child does for a living.
  4. We invest only in proven concepts: Patrick Grove, CEO, Catcha Group – In an article on e27, Patrick Grove lists out the 3 things he looks for when investing in a company. First, it should be a proven concept. Second, it should be worth at least a billion dollars. Third, the entrepreneurs should be hungry.
  5. Out of the picture: why the world’s best photo startup is going out of business – In two short years, Everpix has gone from a dream shared by two French graphics experts to one of the world’s best solutions for managing a large library of photos. It attracted 55,000 users and earned enough each month to cover the cost of the service, if not employees’ salaries. But it is closing down because it has run out of money.

Introduction to Computer Programming with Python – $250/pax if you find this too expensive, you might like to consider this Learn Python The Hard Way – which is free

AppHACK Singapore 2013 by AngelHack is coming, Are you ready? or Rather should you take part? because hackathons may not worth your time?


Chris Cai – @anttyc Bryan Lee – @leetucksing

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