Founder's Compass: Week 21
Hello there and welcome to Founder's Compass, a good way to get oriented around the labyrinthian world of startups.
Tool of the week
Klarna fired 700 employees a month ago. Last week they reported $ 1.2M in savings since they replaced their customer represntatives with AI. Want to replicate their bots for your business? For the first 1000 users, you can use ManyChat free.
Video of the week
What is the largest market in the world? Secondaries. What are they, how they work and what is currently the formula for betting on stock prices going up or down, in this awesome video from Veritasium:
Startup Idea of the week
Paid-for water fountains in stores. 🚰
𝗣𝗿𝗼𝗯𝗹𝗲𝗺:
Drinking good water is difficult or expensive. Yes, we have tap water (if you trust your government and the pipes it runs through), bottled water (which is covering the planet in plastic and leaking microplastics into the water itself) or water filters for home use (the good ones are 2000 EUR+, the bad ones don't have much of an effect). All of these options have downsides. 👎
𝗧𝗮𝗿𝗴𝗲𝘁:
Commercial stores (PENNY | REWE Romania, Carrefour, Target, MEGA IMAGE - Ahold Delhaize Group) + Consumers.
