FSW 60: HypeScout founding story, travel-tech is changing travel, Iterative and SCV pick Bangladeshi startups, long-term thinking, and more

by Anna Munhin Mar 19, 2023 News
FSW 60: HypeScout founding story, travel-tech is changing travel, Iterative and SCV pick Bangladeshi startups, long-term thinking, and more

Welcome to another edition of the weekly magazine.

Several changes have been made in this edition and we are going to make more changes in the coming weeks.

There is one change. We have decided to go for a simpler format from now on, with headlines and one or two bullet points with links.

The second change is more important than the first one. We've sent you all kinds of readings in the past, from personal development essays to long reflection pieces. We are going to change that. Business, and venture building will be the focus of the weekly magazine. Additional links will be added to readings related to startup, business, and venture building.

The changes will be crystalized in the upcoming issues of the magazine.

This edition has something for everyone.

  • 01 Founding story
  • 04 Essays and analysis
  • 02 Book reviews
  • 02 Recommended Readings 

The 25th of March will be the date of the FS Talk March 2023. The founder and CEO of DocTime will speak at the event. You need to register to attend the event. You can register here and get details. I can't wait to see you on the 25th.

It's time for the updates.

The beginning of HypeScout.

  • HypeScout started its journey by introducing the inaugural beta edition of its platform in September 2020. In those early days, the platform only had a few limited capabilities. But the ambition has always been there — to establish a data-oriented influencer marketing platform that could enable brands to discover and communicate with suitable social media influencers. Read.

Brand partners keep us going all year. For more information, click here.

The future of travel in Bangladesh is being shaped by online travel companies.

  • Travel in Bangladesh has changed and is also changing Bangladesh in return. Travel has changed in volume, frequency, and as a socio-cultural phenomenon. Today, more Bangladeshis travel locally and abroad or at least see travel as an aspirational goal. The taste of and approach to travel has changed. People now explore many shades of travel, from solo to staycations to backpacking. More importantly, travel today is an established cultural phenomenon in Bangladesh. And with the rise of online travel services, how people purchase or access travel services has changed too. Read.

Iterative announces its latest class.

  • Iterative, the Singapore-based accelerator program, has picked two Bangladeshi startups for its latest cohort Winter 2023. The selected companies are full-stack supply chain automation startup Nuport and B2B marketplace for neighborhood merchants PriyoShop. Read. 

A startup in Bangladesh is investing.

  • Startup Bangladesh Limited, the flagship venture capital company of the ICT Division, announced today that it has invested BDT 1 crore in OpenRefactory, an Application Security company, in the Pre-Series A round, per a press release.

Interactive Cares was picked by SuperCharger for its latest cohort.

  • Bangladeshi ed-tech startup Interactive Cares has been selected for the latest cohort of SuperCharger Ventures, a London-based ed-tech-focused virtual accelerator program run by cross-border venture capital firm SuperCharger Ventures. Interactive Cares is the first Bangladeshi startup to get into the SCV accelerator program. SCV announced the selected startups for its 6th cohort today. Read.

There are beautiful quotes from the book in the review.

  • The Midnight Library by Matt Haig is a thought-provoking novel that explores the power of choices and the importance of living a fulfilling life. The story follows the journey of the protagonist named Nora, a young woman struggling to find her place in the world and grappling with regrets about the choices she has made. Read. 

quotes from zero to one

  • “Life is not a portfolio: not for a startup founder, and not for any individual. An entrepreneur cannot “diversify” herself: you cannot run dozens of companies at the same time and then hope that one of them works out well. Less obvious but just as important, an individual cannot diversify his own life by keeping dozens of equally possible careers in ready reserve.” Read.
FSW 60: HypeScout founding story, travel-tech is changing travel, Iterative and SCV pick Bangladeshi startups, long-term thinking, and more
Source: here

Recommended readings

In India, Openai has a subscription service.

  • ChatGPT Plus, the subscription service for accessing OpenAI’s language AI model, is now available in India. Read

Walmart invested $200 million in India's Phone Pe.

  • PhonePe has raised another $200 million as part of an ongoing round, a move that has now helped it pull $650 million in recent weeks despite the market slump. Read

There is data on long-lived institutions.

  • We use the 10,000 year time frame to orient our efforts at Long Now because global civilization arose when the last Interglacial period ended 10,000 years ago. It was only then, around 8,000 BC, that we had the emergence of agriculture and the first cities. If we can look back that far, we should be able to look forward that far. Thinking about ourselves as in the middle of a 20,000 year story is very different than thinking about ourselves as at the end of a 10,000 year story.
  • Most of the oldest companies in the world are in Japan. In a survey of 5,500 companies over 200 years old, 3,100 are based in Japan. The rest are in some of the older countries in Europe. Read