Dear reader,
When Storya closed its doors after a two-year journey, the founders were thrust into a whirlwind of emotions, a shared experience among entrepreneurs. Their trajectory swiftly shifted from grand aspirations to the sobering reality of practical constraints. The abrupt transition left them grappling with a sense of loss and uncertainty, a sentiment familiar to many who have poured their hearts into a venture only to see it falter.
In the aftermath of the startup’s demise, CEO Paolo Danese confronted a creative impasse. The intensity of entrepreneurial endeavour had left his creative engines sputtering, leaving him adrift in a sea of doubt and apprehension.
Yet, amidst the desolation, a flicker of hope emerged. He grappled with the question that plagues many in similar circumstances: how do we reignite our creative spark after experiencing the sting of failure? While acknowledging the need for a more grounded approach in future ventures, Danese remained steadfast in the belief that a measure of visionary zeal is indispensable in fuelling innovation and nurturing creativity.
Find out more about the discovery in this contributed post.
Anisa,
Editor.
—-
NEWS
AI-powered Staple raises US$4M to streamline global document management
The funding will aid Staple in its global market expansion, refining its AI technology, and broadening its document processing solutions
Deep tech startup Nibertex secures funding for sustainable textile technology
Nibertex’s membrane, with its proprietary formulation, offers breathability and water resistance without PFAS, meeting environmental standards
Carousell’s Laku6 laid off 17 per cent of workforce in January
The Laku6 spokesperson said that the decision was made after evaluating the evolving industry trends and growth trajectory of the company. This review had led the company to “reallocate resources strategically.”
India’s Ola to stop ride-hailing operations in international market
The company has been operating in international market since 2018. Earlier this year, it had its valuation cut down by 30 per cent to under US$20 billion.
FEATURES
Fractional helps startups figure out marketing leadership with its fractional CMO service
Fractional curates the region’s top marketing leaders to work for companies on a fractional or part-time basis
Albatroz Therapeutics takes aim at solid tumours, increasing hope for enhanced treatment outcomes
Despite its short history, Albatroz has been awarded a number of accolades, including the inaugural Amgen Golden Ticket award in 2023
FROM OUR CONTRIBUTORS
AI in fintech: Boosting your revenue by utilising top 5 CEO’s choices
In my opinion, the combination of fintech with AI is more than simply a fad; it’s a revolutionary development
The secret weapon of marketing? Why every business needs a CDP
A CDP provides crucial insights for businesses to improve services, optimise marketing, and address customer issues effectively
The perils of oversharing: How social media feeds cyberattacks
Oversharing on social media platforms may seem innocuous, but the ramifications can be far-reaching and severe
Rewiring our world: How neuroscience unlocks the secret to sustainable tech
Neuroscience offers tools designed to engage, motivate, and inspire — tools that can make sustainability a core part of the tech culture
After failure, rekindling our creativity and finding balance
Though Storya shut down after two years, it taught us that creativity and balance can be found even after a setback
FROM THE ARCHIVE
Expert tips for crafting an effective pitch deck from a seasoned early stage investor
Pitch decks are a “teaser” that can help you get on the path of investment. Find out what investors think a good pitch deck should cover
Securing tomorrow’s metaverse today: Why safety in the new frontier must leverage on hardware
As the metaverse continues to evolve and draw nearer to reality, securing data within this virtual landscape becomes increasingly vital
Entrepreneurship is at an all time high, but are you doing it right?
With so many startups unable to survive past the first year, building lasting success in entrepreneurship is easier said than done
From chatbots to therapists: How AI break ground in bridging the mental health care divide
We’re at the precipice of what could be a seismic shift in how we understand and address mental health
2024 cloud trends: AI-powered machine learning, distributed databases, and more
Cloud platforms will need to remain simple, easy to use, and developer-friendly so that our economy’s engines can enjoy long-term benefits
AI’s transformative role: Making insurance accessible and affordable globally
AI’s potential to boost insurance penetration is significant, giving tech-savvy insurers a competitive edge
Tech firms in Southeast Asia poised to ‘leap’ forward with gender equality
Within the tech industry, Southeast Asia is seen as a force leading the way for change by steadily narrowing the gender gap
Decoding roles: A guide to the varied job titles within a VC firm
Understanding the difference between each roles in a VC firm enables founders to be more strategic in their networking approach
Essential insights: Crafting a comprehensive cap table for founders
When preparing for a cap table, pre- and post-money valuations are some of the key elements that founders must consider and include
—
X marks Echelon. Join us at Singapore EXPO on May 15-16 for the 10th edition of Asia’s leading tech and startup conference. Enjoy two days of building connections with potential investors, partners, and customers, exploring innovation, and sharing insights with 8,000+ key decision-makers of Asia’s tech ecosystem. Get your tickets here.
Want more from your Echelon experience? Be an Echelon X sponsor or exhibitor. Send enquiry here.
Image Credit: 123RF
The post Ecosystem Roundup: On rekindling creativity after failure | Staple raises US$4M | Nibertex secures funding appeared first on e27.