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Marc Andreessen From the Editor's Desk

Marc Andreessen on hiring, managing, promoting and firing (startup) executives
Startups, particularly well-funded startups, often hire executives too early. Particularly before a startup has achieved product/market fit, it is often better to have a highly motivated manager or director running a function than an executive. Hiring an executive too quickly can lead to someone who is really expensive, sitting there in the middle of the room, doing very little. Not good for the executive, not good for the rest of the team, not good for the burn rate, and not good for the company. Hire an executive only when it's clear that you need one: when an organization needs to get built; when hiring needs to accelerate; when you need more processes and structure and rigor to how you do things.

Continued here

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How one piece of tech made online payments simple

India Business News: Rarely do you see a technology developed in India spawning a whole ecosystem. But that’s what has happened with the Unified Payments Interface (UPI) d



Today's TradeBriefs Cartoon

WhatsApp CEO Chris Daniels to meet IT minister Ravi Shankar Prasad; spread of fake news, digital payments on agenda

With the government hardening its stand on fake and provocative content circulated on WhatsApp, top officials from the instant messaging app including chief executive officer (CEO) Chris Daniels have sought time from IT minister Ravi Shankar Prasad and the meeting is expected this week.

Bitcoin investment scam: BitConnect promoter held

Divyesh Darji, who was India head of BitConnect, was arrested after he arrived in the national capital from Dubai

Use social media with caution, Kerala CM Pinarayi Vijayan urges people

Vijayan said sending erroneous messages over the Internet will only cripple rescue operations at a time when agencies are fighting against all odds to save the “last person stranded” in the flood-ravaged state.

Kickstarter’s focus is on engaging with creative people: Perry Chen

Kickstarter co-founder Perry Chen on the intersections of arts and technology

Elon Musk says changing his way of working is not an option

Tesla CEO Elon Musk was responding to an open letter from Arianna Huffington accusing him of ‘demonstrating a wildly outdated, anti-scientific and horribly inefficient way of using human energy’

Your friendly neighbourhood postman is about to become a banker

The government is planning to launch IPPB at a grand function in Delhis Talkatora stadium on August 21.

US tech giants plan to fight India's data localisation plans

U.S trade groups, representing companies such as Amazon, American Express and Microsoft, have opposed India's push to store data locally.

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