NEWS & UPDATES

“A collapse in consumer demand, an inability to provide services during the Extended Community Quarantine period, and soaring corporate late payment rates as cash flows tighten have significantly affected startup revenues and compressed their runways. A generation of Filipino startups could be wiped out without further specialized liquidity support,” he wrote in a column for SparkUp, BusinessWorld’s news and knowledge-sharing hub for Philippine startups.

The easy startup ideas have all been done — the ones that just required some homebrew hardware hacking or PHP dorm-room coding to get off the ground. These days, you might need multiple advanced technical degrees to accomplish something significant.

When Lennie Sliwinski and Matt Pierce founded Trusted Health in 2017, they simply wanted to take what they’d learned about online marketplaces from working at Hired, and apply it to nursing.

SoftBank warned Monday that it expected to post its first operating loss in 15 years because of a collapse in the value of its flagship tech investments.

This note is developed by the OECD Centre for Entrepreneurship, SMEs, Regions and Cities (CFE).
It examines how SMEs are likely to be affected by the current coronavirus epidemic, reports on
early evidence and estimates about the impact, and provides a preliminary inventory of country
responses to foster SME resilience.

China's ecosystem has been hit hard, here's what we can learn from it

Indian founders expect a weaker venture funding environment this year even as they continue to prioritise growth over profitability, according to a report “The Startup Outlook”, by venture debt fund Innoven Capital.

The Weekly Notable Startup Funding Report takes on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 3/14/20 featuring funding details for Finix, Lyra Health, Owler, and Cloudbeds.

PHILIPPINE startup founders are confident about their revenue growth prospects, results of a survey released on Wednesday show, but their worries are more centered on their capital needs.

The Philippines, (or Filipinas), is undergoing an economic transformation that is slowly changing its image abroad, whereby now even Filipino companies are increasingly exporting goods and services and investing abroad. Has the Philippines finally seen an economic turning point in the Asia Pacific ecosystem?