startups – Karma https://karmaimpact.com Advancing people, planet and profit. Tue, 24 Mar 2020 19:56:18 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Bright Spot: Telemedicine Startups See Surge in Demand as Coronavirus Spread Accelerates /bright-spot-telemedicine-startups-see-surge-in-demand-as-coronavirus-spread-accelerates/ /bright-spot-telemedicine-startups-see-surge-in-demand-as-coronavirus-spread-accelerates/#respond Wed, 18 Mar 2020 03:41:04 +0000 /?p=15264 Telemedicine companies seeing call volumes surge as the coronavirus cuts person-to-person contact and doctors’ offices close. While U.S. equities have plummeted as coronavirus slows the economy, shares in telemedicine provider Teladoc have surged about 40%.  President Trump encouraged Americans to use telemedicine on Friday, giving the field a high-profile endorsement that may help startups build […]

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]]> /bright-spot-telemedicine-startups-see-surge-in-demand-as-coronavirus-spread-accelerates/feed/ 0 Dark Side of Microloans: Poor Kenyans Defaulting Under Sky-High Rates, Report Says /dark-side-of-microloans-poor-kenyans-defaulting-under-sky-high-rates-report-says/ /dark-side-of-microloans-poor-kenyans-defaulting-under-sky-high-rates-report-says/#respond Thu, 13 Feb 2020 23:12:16 +0000 /?p=14894 The dark side of making microloans to the poor is on display in Kenya, where small borrowers are defaulting on loans from Tala, a U.S. fintech firm that claims to lift customers with a dream out of poverty, Bloomberg Businessweek reported. Tala makes loans of $10 to $500 using a smartphone app that instantly offers […]

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]]> /dark-side-of-microloans-poor-kenyans-defaulting-under-sky-high-rates-report-says/feed/ 0 Comcast Kicks Off Sports Tech Accelerator, Teams with NASCAR, NBC Sports /comcast-kicks-off-sports-tech-accelerator-teams-with-nascar-nbc-sports/ /comcast-kicks-off-sports-tech-accelerator-teams-with-nascar-nbc-sports/#respond Wed, 15 Jan 2020 20:48:30 +0000 /?p=14583 Comcast Corp. is putting a full-court press on its competition as investors and startups discover new opportunities in the increasingly tech-driven sports arena.  The media giant has launched SportsTech, an accelerator focused on emerging sports technologies. Ten startups will be selected for the three-month program, which begins in August in Atlanta. In exchange for a […]

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]]> /comcast-kicks-off-sports-tech-accelerator-teams-with-nascar-nbc-sports/feed/ 0 PE Fundraising Seen Slowing in 2020 While IPOs Pick Up, Pitchbook Says /pe-fundraising-seen-slowing-in-2020-while-ipos-pick-up-pitchbook-says/ /pe-fundraising-seen-slowing-in-2020-while-ipos-pick-up-pitchbook-says/#respond Fri, 10 Jan 2020 18:55:10 +0000 /?p=14520 U.S. private equity firms raised a record amount of money last year, fueled by investors’ appetite for tech. Don’t expect a repeat this year, Pitchbook says. More than $300 billion was raised in 2019 across some 5,100 deals, according to Pitchbook’s 2019 Annual U.S. PE Breakdown report. The deals’ total value was more than two-thirds […]

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]]> /pe-fundraising-seen-slowing-in-2020-while-ipos-pick-up-pitchbook-says/feed/ 0 California Privacy Act Spawns Startups Chasing $55 Billion Pot of Work /california-privacy-act-spawns-startups-chasing-55-billion-pot-of-work/ /california-privacy-act-spawns-startups-chasing-55-billion-pot-of-work/#respond Fri, 03 Jan 2020 21:11:00 +0000 /?p=14463 Another gold rush was unleashed in California this week with the passage of the state’s consumer privacy law, which has sent startups scurrying for a piece of the estimated $55 billion expected to be spent by companies to bring themselves into compliance with the rules. The CCPA, or California Customer Privacy Act, went into effect […]

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]]> /california-privacy-act-spawns-startups-chasing-55-billion-pot-of-work/feed/ 0 Tech Startups Be Warned: Investors Now Want Profits, and Not Just Promises /tech-startups-be-warned-investors-now-want-profits-and-not-just-promises/ /tech-startups-be-warned-investors-now-want-profits-and-not-just-promises/#respond Fri, 03 Jan 2020 18:20:42 +0000 /?p=14452 Attention startups: investors’ patience is wearing thin. Patience for companies who say they can build a market using venture capital-backed discounts and freebies is vanishing, according to dealmakers and founders surveyed by the Wall Street Journal. Tech startups have to be ready to show their financial backers how they plan to become profitable without attracting […]

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]]> /tech-startups-be-warned-investors-now-want-profits-and-not-just-promises/feed/ 0 Farm Fare Reimagines Food Supply Chain to Help Small Farmers Compete with Big Ag /farm-fare-reimagines-food-supply-chain-to-help-small-farmers-compete-with-big-ag/ /farm-fare-reimagines-food-supply-chain-to-help-small-farmers-compete-with-big-ag/#comments Mon, 30 Dec 2019 19:40:51 +0000 /?p=14426 Karma Takeaway: Farm Fare reimagines the local food supply chain by fostering collaboration among farmers to compete with the economies of scale. It’s the economy of scale, stupid. Racing to deliver cheap food at all costs, farmers around the world are consolidating amid rising production expenses and declining income. More acres are held in fewer […]

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]]> /farm-fare-reimagines-food-supply-chain-to-help-small-farmers-compete-with-big-ag/feed/ 1 Karma’s Guide to a Food Waste-Free Thanksgiving /karmas-guide-to-a-food-waste-free-thanksgiving/ /karmas-guide-to-a-food-waste-free-thanksgiving/#respond Mon, 18 Nov 2019 21:19:14 +0000 /?p=13790 Americans are preparing to celebrate Thanksgiving Day amid rising concerns about climate change and the future of our planet.  Next to carbon emissions from flying or driving, food waste is the holiday’s biggest environmental hazard. Americans throw away 200 million pounds of turkey alone each Thanksgiving — a not-insignificant contribution to the $168 billion in […]

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]]> /karmas-guide-to-a-food-waste-free-thanksgiving/feed/ 0 Electrifying Africa: Is the $450 Billion Challenge Too Big For Startups to Tackle? /electrifying-africa-is-the-450-billion-challenge-too-big-for-startups-to-tackle/ /electrifying-africa-is-the-450-billion-challenge-too-big-for-startups-to-tackle/#respond Fri, 15 Nov 2019 20:27:55 +0000 /?p=13767 Even as startup investment in Africa continues to grow — more than $700 million in venture capital is expected to flow in this year— the continent’s energy needs remain a $450 billion challenge. Nearly 600 million Africans, most of them in Sub-Saharan Africa, lack access to electricity, according to a report released this week by […]

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]]> /electrifying-africa-is-the-450-billion-challenge-too-big-for-startups-to-tackle/feed/ 0 TransferWise Bucks the Trend by Not Going Public as Its Cash Transfer Service Grows Globally /transferwise-bucks-the-trend-by-not-going-public-as-its-cash-transfer-service-grows-globally/ /transferwise-bucks-the-trend-by-not-going-public-as-its-cash-transfer-service-grows-globally/#respond Thu, 14 Nov 2019 22:25:25 +0000 /?p=13750 Just over a decade ago, Kristo Käärmann and Taavet Hinrikus were looking to cut the costs of converting cash from pounds into euros. It was an idea that lead to the birth of TransferWise.  Käärmann earned a Christmas bonus in 2008 in London and decided to transfer it to his savings account in his homeland […]

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