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The londonbusinessblog.com Top 3
- Simple cryptography: Cryptocurrencies are still complex, at least that’s the point of view of Solvo, a new app that makes crypto investments easier, Romain reports. What’s different is that instead of dozens of currencies to choose from, Solvo has compiled a list of 10 so you don’t get lost in all the names.
- Well that didn’t take long: On Monday, we brought you news that “the OG app is out to bring Instagram back to its glory days.” Today, Ivan has an update that the app has been removed from the Apple App Store after Meta said the OG was Instagram in “an unauthorized way”.
- Long live IPOs!: Travel is back and with it the news that TripActions was making a possible attempt at an IPO, which would value the company at $12 billion, Mary Ann reports. catch AlexWe’re taking over the case in the TC+ section.
Startups and VC
Eviation’s electric plane Alice took off for the first time yesterday, teasing a future where regional flights of hundreds of miles will operate with zero emissions and much less noise. It’s still a long way off, but today’s demonstration shows it’s at least a matter of time and money, Devin reports.
Apropos electric vehicles, the Taiwanese electronics manufacturer Foxconn has (finally!) started production of the electric pickup from Lordstown Motors. The news is a milestone for both companies, Rebecca reports. Foxconn, as it diversifies from manufacturing consumer electronics like iPhones to electric vehicles, and Lordstown, as it finally gets its long-awaited Endurance truck off the production lines and, hopefully, into the hands of customers.
We have more of course. Because that’s what we do:
How to make coaching work for your sales team
A strong sales force is the top of the bill for any SaaS startup, but because so few founders have meaningful experience in this area, they don’t know how to prepare their teams for success.
In this TC+ article, contributor Kevin Varadian explains how to map out a sales coaching journey that will increase retention and increase revenue.
“It’s important to recognize that today’s sales teams are more problem solvers than deal closers — soft skills are more important here than technical capabilities,” he says.
Three more from the TC+ team:
londonbusinessblog.com+ is our membership program that helps founders and startup teams stay ahead of the curve. You can register here. Use code “DC” for a 15% discount on an annual subscription!
Big Tech Inc.
Google’s Stadia is ready, Brian reports. Stadia, the company’s game streaming service, was young, just under three years old, but just didn’t get the traction expected. However, based on Stadia’s comments, something new may be brewing.
We had a rather long Big Tech section for you yesterday, so enjoy these five shorter excerpts: