Wednesday, 12th August ’20
Good morning, welcome to another wonderful and energetic day. Russia develops the world’s first coronavirus vaccine and President Putin reported that his own daughter has been vaccinated. PM Modi had a meeting with the Chief Ministers of States over Corona.
In the dark, and uncertain clouds of Corona, TMT aims at bringing you the “Best Insights, Not Ordinary Disclosures!!!”
Here is a quote from Anthony Robbins to start your day
It is in your moments of decision that your destiny is shaped.
🎖 MIND MONK
Observe your feelings. Focus on the raw sensations. You don’t want to identify with the feelings you just want to sense what’s going on. The feelings are not you.
Neuroscientists talk about the power of labeling feelings. Giving it a name isolates it and reduces its power. It gets your amygdala to chill and engages your prefrontal cortex to curtail the emotion.
Let it be. You cannot kill it or suppress it. And if that’s what you find yourself trying to do, none of this will work. You must accept it. You must let this feeling be.
Expand your attention so that its relative importance shrinks. Don’t wait for some greater problem to supersede it. Distraction does not help. But bringing other feelings into the light gives you perspective and pulls you out of the “sunken place”.
💰 MARKETS
Markets: Nifty closed above the 11,300 level on Tuesday. Indian market is taking cues from the favorable global conditions however remaining cautious of the current economic scenario. US stocks rise as the bet on the stimulus package rises. Gold prices fell for a second day. Russia releasing the first COVID-19 vaccine is expected to raise hopes of the markets. European stocks also rise as the auto and travel shares surge.
📱 TECHNOLOGY & INNOVATION
Google announced a new feature that allows people to add themselves to Search. The feature is primarily meant for influencers and entrepreneurs but is available to anyone. Using this, you can make a virtual visiting card for yourself, which will show up when someone searches for you on Google.
SoftBank has returned to profit as Masayoshi Son pulled off a remarkably speedy comeback after the worst loss in his company’s 39-year history. A global rally in technology shares lifted the value of SoftBank’s stakes in publicly traded firms like Uber. The vision fund has been able to write up valuations and benefit from IPOs.
There are updates to Android Auto and Android’s emergency location service, new accessibility features thanks to an updated Lookout app, and the promise of better sleep thanks to the bedtime tools in the Android Clock app now rolling out to all Android devices running version 6.0 or later. Google is turning phones into seismometers with a beta release in California.
🇮🇳 WHAT ELSE IS COOKING
- World’s first COVID-19 vaccine “Sputnik V” out in Russia: Russia became the first country in the world to register a COVID-19 vaccine after less than two months of human testing. The Russian health ministry said that the COVID-19 vaccine offers immunity from the coronavirus for up to two years. Dubbed as “Sputnik V” after the Soviet satellite, the vaccine will see large-scale production in September, and mass vaccination may begin as early as October.
- ebikeGo appoints Harbhajan Singh as brand ambassador: Amritsar based e-mobility start-up eBikeGO, on Tuesday, announced the appointment of Indian cricketer Harbhajan Singh as its brand ambassador. The cricketer has come on board for one year to help promote the company as it looks to scale-up by increasing geographical footprint, adding new customer segments, and targeting new business use cases to widen the appeal for electric mobility.
- Patanjali Ayurved to bid for IPL 2020 title sponsorship: Patanjali Ayurveda Pvt. Ltd will be bidding for the title sponsorship of the Indian Premier League’s (IPL) 2020 edition after an anti-China backlash forced Chinese smartphone maker Vivo to withdraw. BCCI is expected to offer a 20-30% discount on the current sponsorship price pegged at ₹440 crores owing to challenging market conditions.
🕴BUSINESS LOUNGE
Enter Edtech
A net promoter score of 68 percent, student renewal rate of over 75 percent, and a refund rate of under three percent. When it comes to edtech or consumer internet companies, these numbers are mind-boggling. And yet this is what the trackers are showing in the White Hat Jr command center.
As the CEO of Discovery in South East Asia, Karan Bajaj had his hands full. So too at home, as he would return to be greeted by his two young daughters. Reading MIT research papers he found out that kids who code start to think of life as a playground for experimentation and creation.
White Hat Jr began to bring this idea to fruition. It was personal for Bajaj and he ventured out full time, leaving his corporate clothes in the wardrobe for the foreseeable future. The founding team comprises of three engineers, three curriculum creators, and one graphic designer.
With a structured Artificial Intelligence curriculum, kids use the fundamentals of logic-command and algorithms to make industry-grade animations, games, and apps. The roadmap ahead lays emphasis on IoT, Quantum Computing, and Lifetech.
White Hat Jr grew to 40k paying monthly users in 16 months. Their average ticket size is Rs 37,000 and the ARR for July is $140 million. With such numbers already and high ARR multiples being the norm in edtech, the acquisition of White Hat Jr by Byju’s for $300 million looks like a sweet deal after all.
TMT VARSITY
Video Résumé
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A video résumé is touted to be the future. It can be valuable if you’re applying to any job where the ability to perform is important—whether it be acting, giving presentations, or teaching. This is pertinent to any position that requires you to leverage your interpersonal skills or speak publicly.
Another benefit of using a video résumé is that it conveys your personality in a way that no written résumé can. This gives you an advantage if you’re applying to jobs where excellent communication skills or adept interpersonal skills are necessary, such as in client-facing roles.
A few things that you must keep in mind while making your video resume are:-
- Tell a story – you are making a video and if it’s a point by point enumeration of your CV, then it defeats the purpose. Say something about yourself that’s not on your CV.
- Tailor it for the company – Tell things that excite you about the job you’re applying for, what your first impressions were about this company, why do you think you could excel here.
- Be professional – take care of the sound and video quality. Ensure that you’re well-groomed, the background is clean and there are no cobwebs in the background, the editing is crisp. Take help in production if you can.
Written by Kumar Sourav Mohanty, Akansh Bhatt, and Shashank Dobhal
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