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Techfastly January 2021

Techfastly enables leaders around the globe to dive deeper into technology insights, to drive results - Simpler & Quicker

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United States
Mindtrades Consulting
12 Issues

in this issue

1 min
a note from the editor

Dear readers I’m glad to present you with Techfastly’s latest new year edition. To begin with, I wish you a great year ahead. At Techfastly, we have been working really hard to ensure that we keep bringing you articles and interviews that are rich in concepts, analysis, and insights. This edition is no different to our previous editions in that regard. We have published an article that deeply delves into the sudden rise of Tesla’s and how it has achieved an astounding $500 billion market cap. We have another article on WhatsApp’s new shopping button for businesses: what it means, how it can be leveraged by businesses, and this feature’s strategic importance. We have interviewed entrepreneur Charlo Babosa, whose fantasy gaming company GoodGamer is making heavy inroads into the fantasy gaming…

6 min
1 how do venture capital companies work?

What is VC? Where do VC firms get the money to Invest? A venture capitalist (VC) is a private equity investor that provides funds or capital to startups and companies exhibiting high growth potential in exchange for an equity stake. It could be funding startup ventures or supporting small companies wishing to expand but doesn’t have access to equities markets. Venture capitalists are willing to risk investing in companies as they earn a massive return on investments (ROI) if these companies are a success. The VCs experience high rates of failure because of the uncertainty involved in unproven and new companies. Usually, the Venture Capitalists are formed as limited partnerships (LP) wherein the partners invest in the VC fund. Usually, the fund has a committee that is tasked with making investment decisions.…

4 min
2 google earth vr

Virtual reality or VR is a fully immersive computer-simulated environment that gives the user the feeling of being in that environment instead of the one they are actually in. Many video games have already developed the technology to put the user in an interactive world, in the driver’s seat of a car, on a battlefield, or even in your own little town. But, what about discovering the real world using VR? How would it feel if you were to stand on the top of Burj Khalifa or to view the beautiful Taj Mahal from a bit closer or to fly over the Arc de Triomphe of France, live just by sitting on your couch? Well, a VR based application of Google can do that for you. Since its foundation, Google Earth has…

6 min
3 salesforce buys slack in a $27.4b deal.

The #1 CRM platform, Salesforce, agreed to purchase Slack for a $27.4B deal marking it the biggest acquisition in the company’s history. Marc Bennett, co-founder and CEO, wasn’t shy about his feelings on the deal. “This a match made in heaven. Together, Salesforce and Slack will shape enterprise software’s future and transform how everyone works in the all-digital, work-from-anywhere world. Stewart and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it. I’m thrilled to welcome Slack to the Salesforce Ohana once the transaction closes.” “Salesforce started the cloud revolution, and two decades later, we are still into all the possibilities it offers to transform the way we work. The opportunity we see together is massive,” said Slack CEO Stewart Butterfield. “As…

15 min
4 in conversation with kuntal malia

StyleNook is a personalised recommendation fashion service for the Indian woman, started by two women - Arti Gupta and Kuntal Malia. The service focuses on getting women clothes they love and that fit them well without taking lengthy shopping trips and returning dozens of items. The service understands the user’s requirements and through a blend of AI and a human stylist suggests clothes and accessories for the user to choose from online. The user decides what to keep and gives feedback on all the items. The company is building a scalable personalised service with an ingenious blend of human stylists and intelligent algorithms. This level of personal attention is something that is only available in a high end luxury retail format. Through technology we are bringing this concept of personalization…

4 min
5 how to write an effective cover letter

A cover letter is an essential part of the job application process. All jobs require the applicant to submit a cover letter. A cover letter is submitted to the potential employer to get to know you better and see if you are the right candidate for the job. So, the cover letter starts with your introduction. Who are you? Then mention the job you are applying for and work your way to mentioning your experience, expertise, and skills. The letter should be persuasive and should grab the reader’s attention and intrigue him/her to read your resume. Match the Cover Letter to the Job One of the best strategies to opt for when writing a cover letter is to find out to whom to address the letter. Find the name of the person who…