Rhea LiuChen Ou, CEO of Jumei.com, disagreed with the opinion that a winter for entrepreneurs is coming and expressed confidence in entrepreneurship at a forum held by venture capital fund Zhen Fund last Thursday, reported Sina Tech.Chen Ou, 31 years old, was once featured in Forbes magazine as a promising CEO.He founded Jumei.com, an e-commerce platform known for selling cosmetics and makeup.Jumei.com debuted on the Nasdaq last May at USD 22 per share.Xu Xiaoping, one of Jumei s angel investors said profits have increased 800 percent in 4 years.Following the downturn of the Chinese stock market in August, investors have become more wary of investing in once popular Internet businesses.Some critics have warned of a so-called winter for entrepreneurs approaching because many startups have since crumbled with the break in the capital chain.Chen Ou, however, holds a different opinion.High valuations are always accompanied by protective provisions.Protective provisions might not hinder a company when it is able to maintain financial stability, but will likely harm a company if it faces the prospect of a great decrease in valuation or possible acquisition.
the Bank of Finland governor Erkki Liikanenthe scholar graduates in the Finnish macro-economics an economist is a shortage, the Bank of Finland's board stated its position.long-term situation facing the board, according to domestic economic policy analysis and preparatory work quality.One of the macro-economics tasks is to help decision-makers to perceive different policy options to the effect.the Bank of Finland, in 2008 started the financial crisis has shown how important the economy and the financial markets understanding the functioning of the economy as a whole in terms of stability.International recruitment has eased the skills shortage.
the European parliament has voted in favour of Turkey's membership negotiations of suspension on behalf, told the economic newspaper the Financial Times.the result of the Vote, however, is not binding as the only member of the earthly governments have the right to break off negotiations.currently, the vast majority of member states wants to continue Turkish accession negotiations.the Parliament's vote can, however, according to FT, keep it as a turning point."It is parliament strong political signal to EU leaders, who meet in mid-December, that if they are taking european values seriously, it's time to draw the line - taking into account what happened in the candidate countries", assesses the hollantilaismeppi Kati Piri to the press.the EU authorities varoittavatkin Turkey's leading opponents against witch hunt of hard enlarged to have failed after the military coup.
the banking group Nordea has opened its own equity crowdfunding platform for businesses and investors, told the trade magazine.the risk of companies financing is difficult for banks to face tougher regulation.Equity crowdfunding platform provides therefore nordea for the opportunity to be involved in growth companies in the field.the Service is included in the book-entry system and, according to end up in the companies that pass the Nordea sieve."Companies should be running and they are certain of the approval process through.we Aim, at least initially, to encourage youth entrepreneurship.
Saara Aalto arrived in Finland for a visit on Monday 5. December.britain's X Factor program, factor in accelerating transmission Saara Aalto five cds produced Yume Records doubled its turnover in the last financial year, told the trade magazine.Yume Records turnover growth already in the beginning of the year.the Record company did this year in march, fiscal year ending more than 440 000 eur net sales.Revenue more than doubled compared to the previous year, when it was over 191 000 euros.founded In 2011, the company has not done so far a significant result.
Dog insurance is a significant differences between different insurance companies.the price difference can form up to hundreds of euro, estimates, Insurance and financial advice Fine.the Dog can assure its death, in addition to which animal insurance is replaced by, for example, veterinary expenses and liability insurance on the dog of the damage caused by the cost.Insurance terms, for example, the deductible and the maximum compensation amount for vary greatly, which is why the consumer is difficult to compare them.STT interviewed according to experts, it is essential to check for example, what diseases and injuries insurance will be replaced and what does not."What is the compensation scope, the deductible and the maximum amount of compensation?
Long known to be a bit of a cynic in regards to artificial intelligence, SpaceX and Tesla CEO Elon Musk decided to do what he does best and put his wealth to good use.Along with Y Combinator president Sam Altman, LinkedIn co-founder Reid Hoffman, and Musk’s PayPal co-founder Peter Thiel, Musk hopes that this donation will to allow OpenAI to function freely without worrying about generating a financial return.In the company’s eyes, this fact alone is paramount to it prioritizing a “good outcome” over its own “self-interest.”“As a non-profit, our aim is to build value for everyone rather than shareholders,” OpenAI representatives said in a press release.“Researchers will be strongly encouraged to publish their work, whether as papers, blog posts, or code, and our patents (if any) will be shared with the world.We’ll freely collaborate with others across many institutions and expect to work with companies to research and deploy new technologies.”Despite the $1 billion pledge and celebrity affiliation, it isn’t completely obvious exactly how OpenAI intends to build value or collaborate outside of just plain research.“It’s hard to fathom how much human-level AI could benefit society, and it’s equally hard to imagine how much it could damage society if built or used incorrectly.”In addition to the founders, OpenAI plans on initially functioning with nine world-class research engineers and scientists, headlined by research director and Google Brain Team alum Ilya Sutskever.
Yoga-themed mobile game Yoga Retreatin a few years ago developed by the gaming company Gajatri Studios has filed for bankruptcy, the trade magazine reported.the Bankruptcy has been set into force on Tuesday 27. December.the prepayment and the value of the additional obligation to register, however, the company has removed already about a year ago.the Company's founder and ceo is a technology serial entrepreneur and business angel Tiina Zilliacus, who has previous experience of Nokia and Sonera."Gajatri Studios, we managed to collect a sufficiently large financial rescue package, that an ambitious implementation could have taken it to the next level", Zilliacus comments in the relevant trade press.Zilliacus works today, at least CherryonTop Accelerator called accelerator, where he was part of the four founder members of the crowd.
German chancellor Angela Merkel promised to defend all of their German rights, who want to travel to the united states.Merkel to take a particular position with dual position, told the Financial Times.Us president Donald Trump has set a travel ban to the united states seven muslim countries citizens.the Preliminary three months lasting ban to prevent Iraq, Iran, Yemen, Libya, Somalia, Sudan and Syrian nationals from entering the united states.Merkel said, now defending the germans, who have dual nationality."the chancellery and the foreign ministry are making every effort, especially the dual point of view, to determine the legal consequences and in particular to promote their interests before the law."
the insurance company If:n CR:to the complaint of not coming to a solution for a while yet.we are currently in active dialogue with the OP with the Group , said director Kirsi Leivo Finnish Competition and consumer authority.If doubts of OP financial Group's dominant market position abuse.It did report a request to the end of 2015.Ifiä interested in whether the CR group, the approach of the competition law prohibited restriction of competition and is there a way to tie banking services and insurance services each other the competition law of the spirit.Bake said that the matter of sorting out is the very crucial point it is decided in this context to intervene in OP's bonus system.
the Major car manufacturers are weeding out the now every possible to grams of carbon emissions of the new model, when more stringent regulations on emissions is coming soon.This is expected to appear clearly in the European higher annual car fairs, which begin next Thursday as the Swiss in Geneva.the automobile industry is now at least in Europe with the wind.Ajokkien sales volumes in Europe have risen to the same level they were at before the 2008 financial crisis.Manufacturers, however, consider the risk that the technical solutions of cars to reduce emissions further are ever increasing.
your Own house the company's agm is an opportunity that a partner is not to be missed, notes Reals Hosting in a statement.according to the general meeting participation of the shareholders in the best way to get the total picture of your house hearings and to influence common affairs.typically, the apartment-share company's general meeting will be held at the latest by the end of June, within six months of the financial statements completion.the annual general meeting shall be convened by the house, the board of directors.the Superintendent sent to the company the notice convening the meeting at least two weeks before the meeting.If the shareholder is not himself from the meeting, he may authorize another person to participate in turn.
investment product sales legislation, tightening at the beginning of 2018, the financial supervisory authority told reporters.the Problem has been that the investor-client's advantage and, for example, selling investment products of the bank interests may be in conflict.the Customer wants good returns with appropriate risk, while the bank may seek to sell as much as possible, for example, your own funds.fl will leader Anneli Import according to changes after the investment and insurance product sales persons has to be constantly sufficient knowledge and skills.a New requirement, the company could offer a particular investment product only a predetermined group of customers.Also the obligation to provide investment advice to various investment products expands, as simple, without the advice of products sold in the definition of the contraction.
European commission president Jean-Claude Juncker towards brexit was so, that it should be a ”new beginning” of the European integration.the”Brexit is not the end of everything.We need to keep it as a new beginning, which is stronger and which is better,” Juncker said.Juncker threw also the Financial Times, according to the peak of the Us presidential Donald Trump in the direction of the fact that this is advocating brexit.”the Newly elected U.s. president was glad that brexit is happening, and has asked other countries to do the same.And if he continues at the same rate, I will I take to promote Ohio, Austin and Texas independence.”
the Swedish government devised by the banks ' contributions are not the only reason why Nordea is considering the headquarters transfer out of Sweden, the group leader Casper von Koskull said news agency Bloomberg.instead, the reason is Koskullin according to the Swedish banking regulation as a whole."your Attention is too much stability in payments.We must assess the whole picture, and our decisions are based on the whole", von Koskull said the news agency.Nordea received the backing this week of the Swedish competition authorities, who warn that the banks ' payments increase and the government's new proposals are hampered by the country's financial sector operations.according to the Authorities, on the other hand, Sweden needs a sufficiently large stabilization fund, which will ensure that the financial sector stabilization of the pour state of the hands
the Popular 12-month euribor rate has turned again to decline.Several financial industry experts have in recent times during the urging homeowners to prepare for rising interest rates.Preparedness is always good, but still of rising interest rates is not the characters but the mortgage reference interest rate used as euribor rates have remained at record low levels.the Popular 12-month euribor was quoted in march, a slight upward trend, but now it has turned to the decline again.Today, Tuesday, the interest rate fell for the fifth day in a row, and was quoted -0,119%.Still in the beginning of the 12-month euribor was quoted -0,082%.
the U.s. financial sector data bank on GOBankingRates has done calculations about how much people need to earn a year to live comfortably in the country's major cities.the Calculations were made on the assumption that the disposable income 50% goes to necessities such as housing costs, food and travel.30% is consumed the rest of life and 20 per cent is wise to save.silicon valley area resident to be good tienistit.GOBankingRatesin according to the calculations of the USA's most expensive residence is in San Francisco.the Salary should stay the hand 104 000 per year, in order to be able to live in reasonable comfort.
Jännitteeen increased on the Korean peninsula on Friday, told the economic newspaper the Financial Times.North Korea accused Us president Donald Trump "a vicious circle" development.the Country's deputy foreign minister Han Song Ryolta noted that North Korea could respond to U.s. reckless move "preventive strike".Chinese foreign minister Wang Yi warned in turn that konflkti the Korean peninsula may erupt "any minute now".He pointed out that the conflict broke out as the winner not be able to survive one.North Korea has made repeated nuclear tests, which have attracted international attention.
Financial scams is becoming more complex and less identifiable, and they do not decrease – on the contrary, the scams will be more rapid terminal connection rate.the Aalto university school of economics professor of finance Puttonen wrote together washingtonians counterparts, the American university professor H. Kent Baker, with more than 400-page book I: Investment Traps Exposed – Navigating Investor Mistakes and Behavioral Biases.the Book came in last week for sale on Amazon.'s.in Finland, according to records from, among other things, Wincapita and nordea of ten percent minus the financial crisis sunk into the ”low-risk” short-term funds.from the World Puttonen chose the Bernie Madoff pyramid scheme.wincapita to fall to the finns, with the level of education and mathematical knowledge are in the Pisa-survey in the light of the world”, Puttonen said.
the turn of the year in telecom operator DNA to seek confirmation from the sales team.there was a phone sales job, fixed täkyllä: temporary workforce to care Baronan in the name of the job were offered in Spanish in Fuengirola.I Prefer sales in sunny Spain than in cold Finland.DNA competitor Telia intends to hire this year hundreds of new employees, summer workers in addition.Financial giant OP to keep searching for hundreds of it industry specialists.Kokisautomaatit and billiards game you can forget, the more important is job content, wages, holidays and work colleagues.