Hello Friday – it’s time for Linkibuzz 28! The word is ‘provocative’ and we’ve found four posts to prod your entrepreneurial mindsets this week. From setting the crosshairs on big bank revenues to learning some incredible ways in which nature has inspired innovations in technology…there’s something for everyone!
Our blog is here for one purpose: to bring to light specific issues and transitions affecting our nation’s growth and the legislation and regulations which define them. Whether it’s to do with our business collective, or private citizens ‘doing business’ with our enterprises, it’s all relative.
Jonathan Marino’s take on lending fintechs clearly demonstrates they have mastered the art of hunting down ‘out-of-the-box borrowers’ – from students refinancing their education loans to startups seeking seed money. These assets are then sold to banks (a winning strategy for both sides). And yet, the big banks don’t seem to want to ‘come out to play.’ Why is that?
[tweet_box design=”default”]”I’m sitting here trying to figure out how I go after Wells Fargo, how I go after BofA, how I go after JPMorgan.” Mike Cagney, Chief Executive, SoFi[/tweet_box]
Apparently the prevailing assumption is that mega-banks view the fintechs as competition – whose methods they want to infiltrate and duplicate without having to partner-up. There’s no doubt that this stodgy mindset comes from an archaic process that pandered primarily to old money.[tweet_dis_img][/tweet_dis_img]
Someone might want to tell them there’s a ‘new sheriff in town,’ and that sharing resources is not only smart but also necessary to remain in the good graces of everyday people. It’s a pretty well-known fact that both the startup community and savvy, well-established enterprises know when it’s time to change horses in midstream. Spinning your wheels when you’re stuck in the mud is only going to make things worse.
Can we spell S-k-i-l-l-s G-a-p? The wave of the future depends on what we do now. Sure, techies are rising up out of the retirement pool, the downsized workforces have been compelled to recreate themselves to stay employed, and making a living from the arts have all but withered down to a talented few (able to stay on trend).
In this post by Gaby Hinsliff, we’re reminded that kids pick up things faster (and with less stress) early on – like second (or third) languages. Tech-savviness isn’t as simple to acquire later on in life; you’re required to think differently – as in not pouncing on the obvious, but using the process of elimination to point your compass.
We’ve talked a bit here on the blog about STEM’s role in today’s economy – and how the UK supports its growth. And we’ve discussed ways to light a fire under our students, and to encourage their leanings toward Science, Technology, Engineering and Math (for their own wellbeing, as well as our nation’s).
Logic classes aren’t generally introduced until college, and yet, along with commitment and coping with the uncertainty they are critical to getting places in the age of technology. Fifty plus years ago, they were dragging pieces of mainframes into geometry classes and trying to convince students to learn data processing. Boring. Who knew they could have become millionaires?
This intriguing post by Jonathan Wells explores drone photography at its best. Will Glover, founder of Fleye thinks that the benefits of drones are ‘just too great to ignore’ and that there must be opportunities to obtain stunning footage within legal confines.[tweet_dis_img][/tweet_dis_img]
“At the moment,” Glover explains, “anybody can walk off the street, into a store and leave with a drone that they could fly around with no training on how to use it – let alone the rules and regulations that go with flying it. This is where a change needs to happen in order to keep everybody safe.”
The inaugural Rise of the Drones Film Festival in London took place on the 15th of October – the first contest open only to pictures shot by drones. The Best Action award was given to co-producers Fleye and Salt Street Productions for their film Red Run.
Have a look at some of the winning drone videos featured at the festival!
Nature Tech joins Tech for Good in revolutionising our world!
Imagine copying the armour plating of a seashell, to create impact-resistant materials! And then there’s the gecko – NASA has learned new tricks from this tiny creature’s ability to ‘lock on’ and climb walls without losing their stickiness over time. You’ll also read why the bumps on the fin of a whale are responsible for its agility, and how streamlined swimwear is possible by a design based upon of the ridged scales of a shark’s skin!
Stanford studies demonstrate how their robots weighing approximately 12 grams (inspired by geckos and inchworms) pull 1800 times their weight!