Author Archives: Admin

Spreadsheet to help calculate personal burn rate

Everyone knows burn rate is really important for startups so that they don’t run out of money.  But its also important for startup founders, as it tells you when you will need to have generated revenues (and how much) or … Continue reading

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Summary of problems with current money system

1. It leads to highly unstable economic system as interest rate mechanism is blunt tool leading to boom and bust cycle 2. Interest means that system requires continual economic growth to avoid collapse. This is incompatible with sustainability 3. Money … Continue reading

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How Money Works

Imagine this scenario. An American tourist is visiting a small village in the South of France. He arrives at a hotel and wants to checkin. The hotelier, distrusting foreigners, asks him to leave a deposit of 20 euros while the … Continue reading

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An alternative to rural microfinance – complementary currency

I’ve been reading Bernard Lietaer’s amazing book “The Future of Money” which has opened my eyes to some very interesting alternative ways to look at the economy.  I’ve been interested in alternative currencies for some time, but he makes a … Continue reading

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An alternative view of the value of microfinance institutions

Recent research has shown that the case  for microfinance improving the lives of it’s clients is at best mixed – several studies have shown statistically insignificant different in quality of life indicators between clients with access to microfinance and a … Continue reading

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Accelerating technologies at the British Library

I was in the British Library recently doing research to locate potential funding for Singularity University (where I’m headed later this month) when I decided to spend a visit to their treasures collection.  The library is one of the worlds … Continue reading

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How much shares should founding management get?

A friend of mine was approached by an investor to launch a website, and was wondering how many shares he should negotiate.  I thought my answer would be interesting to more people. Clearly the answer depends a lot on who … Continue reading

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The Google Wallet

Some interesting announcements from Google yesterday as they announced their strategy for going into the mobile payments space: The Google Wallet. Obviously everyone has been expecting a significant move from Google in this space for sometime, but this is a … Continue reading

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Mapping informal areas

There’s a great video here on the bbc’s technology site which show’s how innovators are tackling the problem of mapping Nairobi slums: http://www.bbc.co.uk/news/technology-12164081 Another example, from Nigeria this time, is Gyst who employ armies of kids on motorbikes to collect … Continue reading

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How not to use alternative currencies – superfluid

A friend recently shared with me a new site called superfluid which uses an alternative currency to promote barter between users. I like the concept, but I think it is poorly explained when you land on the webpage, I had … Continue reading

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