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News on Medial
What a bunch of A-list celebs taught me about how to use my phone
The Verge
·
1y ago
Medial
The article explores the trend of celebrities ditching their phones to disconnect from the constant barrage of calls, texts, and emails. Some celebrities, like Justin Bieber and Ed Sheeran, have opted for iPads as a way to limit accessibility. Simon Cowell and Shailene Woodley have also found ways to reduce phone usage, whether it's ditching the phone altogether or eliminating data plans. The author suggests that moving apps off the phone onto other devices can help create intentional usage and reduce mindless scrolling. The goal is to introduce more friction and make it harder to access distractions, allowing for a more present and engaged life.
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Related News
Deepinder Goyal sets up new venture Continue, calls it 'My personal health team'
Inshorts
·
9m ago
Medial
Zomato Founder Deepinder Goyal has registered a new longevity venture named Continue that will focus on health tracking and mental wellness. "It is, as of now, my personal health and wellness team...which tracks and researches how to keep me running at my peak performance," he explained. Continue, started with an initial capital of ₹50 lakh, is entirely funded by Goyal.
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Build for customers, not VCs
Ycombinator
·
3m ago
Medial
It’s easy to analyze your way out of taking the first step. It’s something YC sees a lot, particularly when founders try to choose what to build based on what they think VCs will like. These founders will find a great problem that they could solve, only to convince themselves it’s not “venture scale.” Before they’ve written a line of code or even talked to a single person about it, they’re trying to predict market opportunities and exit strategies a decade down the road. That’s just not how early stage startups work. In this one, they talk about the risks of “thinking like a VC”, how to know when you’re stuck in this mindset, and how to unlearn it (spoiler: stop reading so much about who’s raising what.) They’ll also cover a short list of things that we’ve found actually matter when starting a company — it’s simpler than a lot of people think.
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Psychology for me: Kamath reveals alternative career choice
IndianStartupNews
·
1y ago
Medial
Zerodha co-founder Nikhil Kamath, in a recent post on X, shared his thoughts on an alternative career path outside of finance. He revealed his deep interest in psychology. "For anyone who asks, 'If not a job in finance, then what?', it's definitely psychology for me. The most interesting thing is figuring out why we are how we are," Kamath wrote.
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Woman says she was abused by Ola Auto driver over fare in Bengaluru; police responds
Money Control
·
1y ago
Medial
A woman claimed she was abused by an Ola Auto driver over fare in Bengaluru. "This a deeply shocking situation...I was lucky that...my father could come to step in & yet when I mentioned that he was cursing at me, he...started screaming in my face," she said. "Please provide your specific area details," the police responded to her post.
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Top 40 Most Active Venture Capital Firms in India 2024
Internet
·
1y ago
Medial
This is an article about venture capital firms in India. It discusses what they are and how they can help startups. The article also lists many different venture capital firms and what industries they focus on. Some important points are that venture capitalists invest in startups for a few years and look for high-growth potential. They also provide mentorship and strategic advice.
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IT stocks in focus as Accenture trims revenue forecast; Stanley Lifestyles IPO to kick off | Market Minutes
Money Control
·
1y ago
Medial
I'm sorry, but I'm not sure what specific content you would like me to summarize. Could you please provide more information or specify a particular topic?
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Passkeys might really kill passwords
The Verge
·
1y ago
Medial
The article on The Verge discusses the use of passkeys as a replacement for passwords and the confusion surrounding their implementation. It highlights the need for clear guidelines on how to use passkeys, especially considering potential issues such as losing or having a phone stolen. The article also touches on the topic of wearables, specifically smartwatches and the evolving market for these devices. It mentions Fossil's exit from the market and the rise of smart rings, among other things.
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Return Prime aims to make return management seamless for brands
Entrackr
·
1y ago
Medial
Bengaluru-based Return Prime provides a customer return platform which includes a business dashboard for managing returns. The company aims to make it easier for brands, specially smaller ones, to use its services through a plug-and-play model. Beyond basic returns, brands can use the Return Prime platform for automating return logistics, refunds, replacements, and more. We spoke to founder and CEO Shashwat Swaroop to learn more about Return Prime, what distinguishes it from the competition and the roadmap ahead. Here are the edited excerpts: How did you come up with this idea? I have always been extremely passionate about creating something and solving problems, building my brand which helped other people solve their challenges was always something that I intended to do. Once an eCommerce brand came to me with their return management nightmare. They were doing everything manually and it was too cumbersome. It was not only time-consuming but was impacting their customer experience too. Customers were used to a certain speed, standards, and experience, and to ensure their shoppers wouldn’t leave them, they needed a solution to cater to this. But building a whole software program was just out of reach – both financially and in terms of time! I then began researching, and my study confirmed what I suspected – there was a massive gap in the market for managing returns. Existing solutions were few and far between, and mostly focused on the US. We saw a chance to empower brands worldwide to make return management extremely seamless, one that ensures their GMV losses are minimized while customer experience is maximized, that’s what led to the birth of Return Prime. Please help understand how you generate revenues. The pricing models are quite fair and simple. This was one of the most important things for us to simplify. When we started building Return Prime, we were simplifying the complicated experience of returns for both brands and their customers so keeping everything around Return Prime simple was important. The pricing model is just based on the scale of business which is how many returns they do in a given month. One can start with the Free Forever plan if they are a small brand and pay nothing forever. They only have to choose a paid plan when they start to grow. As you grow, you can choose one of our Grow plans which starts at $9.99 a month. What are the key challenges in the industry that have not been addressed yet? And how do you plan to address this? We are working to solve the way businesses see returns. The correct solution is not to focus on reducing the returns but on figuring out how you can turn your returns into a revenue-making opportunity. Returns are simply inevitable so the merit is not in reducing it by another few per cent but in converting the majority of it into additional revenue. We are constantly working on it and on average, our brands see an ROI of 183%+ with Return Prime, which is on the cost they pay for Return Prime every month. This is going up constantly with our focused effort to turn returns into revenue. How has your startup performed since its inception? Please share statistics. We have been growing from day 1, completely bootstrapped. We grew 150% YoY in the last 3 years and this is not just India, across the globe. We serve merchants in 100+ countries today and our market share across these countries continues to increase every year. In the last 3 years, we have processed over 12 million returns for brands and customers globally. What are your short-term and long-term goals in terms of product and business expansion and diversification? From a product expansion point of view, we are focused on increasing the ROI for our brands as we believe in keeping strong fundamentals. While we do this, we will continue to increase our market share across other regions as well along with India. As consumer behaviour evolves, we are also trying to help brands offer Omnichannel returns experiences to their customers making it super easy and delightful for them. This not only helps the customer but also increases the repeat purchase and LTV for brands as this customer will trust them even more. On the other hand, we are also trying to help bigger brands solve more complex operational problems and policies which now with Return Prime is just a matter of click. We will continue to simplify complexities as we grow along with brands. In terms of geographical expansion, we will go deeper into some of the regions and increase our market share while we continue to turn returns into revenue for the rest of the world.
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Grind for a decade, no one cares for 7.5 yrs & hates you for remaining 2.5 yrs: Altman
Inshorts
·
4m ago
Medial
OpenAI CEO Sam Altman talked about how his life has been while working at the AI startup. "Be me," he wrote, saying that after his 10-year grind, most people didn't care for first 7.5 years but hated him for remaining 2.5 years. "Wake up one day to hundreds of messages...'Look I made you into a twink ghibli style," he posted.
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My mind is at about 85%: Zerodha CEO Nithin on life after stroke
Inshorts
·
3m ago
Medial
Zerodha Co-founder and CEO Nithin Kamath, who almost 14 months ago suffered a stroke, on Sunday shared an update on his recovery journey. "So, yeah, fourteen months after...stroke, my body is almost back to normal, and my mind is at about 85%," he said. "My writing hasn’t improved...Maybe because I don’t practise enough. My speech is, well…about 85%," he added.
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