The Office of the Future Is No Office at All

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Everyone works remotely at software-development company GitLab, even its CEO

As collaboration tools improve, letting distant teammates work together seamlessly, some are questioning whether an office is necessary.

GitLab Inc. is extreme, even for Silicon Valley: It has no headquarters and everyone works remotely, even the CEO.

The software-development startup, which has more than 600 employees in 54 countries, plans to raise its headcount to about 1,000 by year-end. Its far-flung workers rely on internal tools and cloud-based services to collaborate, communicate and contribute to projects.

The idea is to remain headquarters-free even after GitLab’s initial public offering, planned for late 2020, giving it flexibility to cut costs and hire people world-wide as opposed to relying on expensive talent hubs and office space, said Sid Sijbrandij, the company’s chief executive and co-founder.

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How Incubators are Shaping the Indian landscape

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According to the NASSCOM India Startup Ecosystem report, India has retained its position as the third largest Startup Ecosystem in the world. More than 1,200 startups came up in 2018, including eight unicorns, taking the total number to 7,200 startups, NASSCOM reported. Considering the scale of the Indian market, even average startups can find a viable market even with average ideas and poor quality. However, on the flip side, India with its diversity and wide-ranging issues also offers a fantastic test base to develop a robust and innovative product.

In this dynamic and complex landscape, while an increasing number of entrepreneurs are emerging, a report by IBM Institute for Business Value and Oxford Economics found that 90 per cent Indian startups fail within the first five years. The emerging incubator ecosystem in the Indian landscape is a welcome shot in the arm for the starry-eyed startups.

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A massive new study says these 5 fears separate people who take risks and follow their dreams from those who never try

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It’s a funny thing, fear.

Nearly one in five full-time employees in this country has a dream–and that dream is to no longer be a full-time employee.

But there’s something holding back the vast majority of them.

A new survey by cloud-based accounting software firm Freshbooks concludes that 24 million U.S. workers truly want to become their own bosses–but only about two million of them actually managed to quit their jobs last year to launch their own companies.

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The rise of women entrepreneurship in India

 

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Women have started to realise their power and exploring different ways to pursue their passion

Women who seem to be limited to their home in the old days are now exploring the world of entrepreneurs. They come out as a strong contender with several leadership qualities which make them perfect to rule the entrepreneur’s world. In recent years, there is a rise in the graph of women entrepreneurship in India. And now, Indians can proudly say that women entrepreneurship is not an obscure concept any longer at least in our country.

Well, known leaders such as Kiran Mazumdar Shaw, Indra Nooyi, Chanda Kochar paved way for other women to come out and start something of their own and can easily become an independent entity which can not be undermined by gender politics or any kind of partiality. In the last few years, women of India has already comprised almost 30per cent corporate senior management positions. It might seem a small percentage but this number is continually rising.

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China created a new tech unicorn every 3.8 days last year

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The pace of billion-dollar startup creation slowed markedly in China in 2018’s final quarter as the country’s largest tech startups shored up their dominance and the economy decelerated.

China spawned 97 unicorns last year with a combined valuation of 1.2 trillion yuan ($178 billion) across sectors from consumer internet to online shopping and electric vehicles, according to a report published by consultancy Hurun. That’s about one unicorn born every 3.8 days. But of those, 11 were created in the December quarter, down from more than 30 in the previous three months.

Tech startup investment is slowing as stretched valuations and the economy takes a toll. Beijing, wary of financial risk, is cracking down on internet loan providers and the crypto-currency market is sputtering as prices deflate. Alibaba Group Holding Ltd. Vice Chairman Joseph Tsai warned last week that valuations were “distorted” and may decline over the coming six to nine months, particularly in over-heated arenas such as bike-sharing.

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America’s disappearing IPOs

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What happened to all the IPOs?

It wasn’t so long ago that the market for initial public offerings — in which a promising and often young private company first allows public investors to buy its stock, often as a way to raise money and invest in the future — was booming. In the two decades before 2000, America was averaging some 300 IPOs a year. In fact, volume was considerably higher than that from 1990 to 2000, reaching 706 in 1996, for example.

Then they fell off a cliff. Last year, there were a mere 147. What happened?

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Over half of millennials say they’d love to start their own company

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Around 49% of millennials said they plan to start their own company within the next three years, while 62% of them reported having their ideal company “that they would love to start,” found America’s SBDC Network and the Center for Generational Kinetics in a study. The researchers considered a small business “an independently owned and operated company that employs fewer than 500 people.”

Those were just two findings, but there were many others across generations.

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The Future of Recruiting with Top Futurist Thomas Frey

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Thomas Frey is the executive director at the DaVinci Institute and a renowned futurist speaker. We got on the phone to discuss what the future holds for recruiting: how employers will find talent, who they will be looking for, what skills and traits will matter most, and how employment and the workplace will evolve in the times ahead.

NOTE: Interested in seeing where the future can take you? Visit FuturistSpeaker.com

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Potential Mach 2.2 Airliner Market Pegged At $260 Billion

Stretched, trijet 50-seat configuration to be tested by subscale supersonic demonstrator

Guy Norris Los Angeles

Boom Time

More than half a century after development of the Concorde was launched, progress toward economically viable supersonic airliners has proved elusive. But now a Silicon Valley-backed startup says the ingredients for a successful, small, faster-than-sound airliner are in place, thanks to a new wave of enabling technology and a market primed with the need for speed.

Since first unveiling plans earlier this year for a 40-seat, twin-engine, supersonic transport, Denver-based Boom Technology has revised and fine-tuned the design that will cruise at Mach 2.2 for the same ticket price as subsonic business class. The aircraft has since been stretched to seat up to 50 and is now reconfigured as a trijet to permit immediate use on long overwater routes.

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This is what you get when you give a 3D printer artificial intelligence

A London-based startup has combined some of today’s most disruptive technologies in a bid to change the way we’ll build the future. By retrofitting industrial robots with 3D printing guns and artificial intelligence algorithms, Ai Build has constructed machines that can see, create, and even learn from their mistakes.

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You can now take phone calls with your finger like a secret agent

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A startup called Innomdle Lab is developing a watch strap named Sgnl that will let you take calls by holding your finger to your ear.

The project is currently on Kickstarter, and has already amassed $211,000, blasting through its $50,000 goal in a matter of days.

Innomdle Lab is planning on shipping early-bird units sold on Kickstarter starting February 2017. The $99 early-bird option is already sold out, but there are still some early-bird packages still left starting at $109.

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