From inside a money-laundering center in Cambodia, an employee opens a popular Vietnamese banking app on his phone. The app asks him to upload a photo associated with the account, so he clicks on a picture of a 30-something Asian man. Next, the app requests to open the camera for a video “liveness” check. The…
For years, founders have been told to skip the business plan and just start. But the rise of directionless businesses suggests that ditching planning may have created a bigger problem.
The tactics that once drove startup momentum are losing power in saturated markets. What stands out now is not more pressure, but more coherence, restraint and trust.
For years, founders have been told to skip the business plan and just start. But the rise of directionless businesses suggests that ditching planning may have created a bigger problem.
The tactics that once drove startup momentum are losing power in saturated markets. What stands out now is not more pressure, but more coherence, restraint and trust.