N2 Technology

Community Stories

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Community Stories

Top tips and myth busters for startup founders

Top Tips and myth busters for Startup Founders 💡 Solid advice ✅ Something is alway better than nothing as a startup, don't procrastinate or get stuck in the weeds, just get shit done. Lets go 🚀 for the ❤️ of startups [video width="1280" height="720" mp4="https://n2.eco/wp-content/uploads/2023/05/Marc-Rebillet-Monday-Motivation-Just-Do-It-Show-Up-Short.mp4"][/video] Be this founder and don't ask any experts to advise…
Carrie Cousins By Derek Watson  |  Jul. 02, 2023
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Community Stories

We have given AI the keys to our kingdom

What Is FinTech? The Basics We have given AI the keys to our kingdom. 1. We Always Fail the Marshmallow Test: The first time I was introduced to AI was as a child in school, but the first time it really grabbed my attention was when IBM's Deep Blue chess computer beat Garry Kasparov, in…
Carrie Cousins By Derek Watson  |  Jun. 11, 2023
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Community Stories

💡 Why aren’t early stage investors investing in 2023

What Is FinTech? The Basics 💡 Why aren’t early stage investors investing in 2023 We are all cognizant of the shifts in venture capital funding since the heady days of 2020/21. Headlines such as these have fueled the negative narrative: 🌍 "Global VC funding falls dramatically across all stages in rocky Q1" 🔻 "Job cuts…
Carrie Cousins By Derek Watson  |  May. 20, 2023
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Community Stories

💡 You need a first-rate investment flywheel

What Is FinTech? The Basics 💡 You need a first-rate investment flywheel to quickly and effectively know which early stage Startups are worth pursuing, This is mine 👇🏼 🔄 My flywheel comprises interconnected components that continuously influence and reinforce one another. I continuously work on and develop these skills to maintain their relevance. 🔭 I…
Carrie Cousins By Derek Watson  |  Apr. 20, 2023
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Community Stories

💡 Software is no longer a moat

What Is FinTech? The Basics 💡 Software is no longer a moat, Startup investing in the AI Era is going to have to change big time. 💡 In the AI era, software is no longer a moat, necessitating a significant change in startup investing. While software revolutionized the world, AI advancements are reducing software's value.…
Carrie Cousins By Derek Watson  |  Apr. 14, 2023
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Community Stories

💡 When is a SAFE not so SAFE?

What Is FinTech? The Basics 💡 When is a SAFE not so SAFE? When you start stacking them. ➡️ SAFE notes are fast and convenient, and take a lot of stress out of pricing a round. *Personally, I prefer straight equity to ensure everyone is fully aligned.➡️ SAFE notes have enabled more accelerators and incubators…
Carrie Cousins By Derek Watson  |  Mar. 20, 2023
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Community Stories

Difficult founder or reality distortion field ?


What Is FinTech? The Basics Difficult founder or reality distortion field? 🤔 Have you ever come across a founder who's described as "Difficult"? ➡️ At first, this may seem like a 🚩, but there's more to it than meets the eye. When it comes to reference checking for startup founders, "Difficult" is a word that…
Carrie Cousins By Derek Watson  |  Feb. 15, 2023
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Community Stories

#TBT Throwback Thursday: Why Airlift Failed

Throwback Thursday: Why AirliftFailed It's Throwback Thursday, and today we're taking a look at the rise and fall of Airlift, Pakistan's top startup that promised to revolutionize the way we shop and get around. Founded in 2016 by Usman Gul and Junaid Ilyas, Airlift quickly rose to fame as the go-to ridesharing service in Pakistan,…
Carrie Cousins By Derek Watson  |  Dec. 22, 2022
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Community Stories

Generative AI, It is just version 1

What Is FinTech? The Basics Generative AI is Artificial Narrow Intelligence (ANI) Generative AI is in its infancy. It involves the use of artificial intelligence to generate original content, such as images, text, and music, using algorithms and machine learning techniques. One example of generative AI is ChatGPT, a version released in December 15th that…
Carrie Cousins By Derek Watson  |  Dec. 20, 2022
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Community Stories

#TBT Throwback Thursday: Why CommonBond Failed

Throwback Thursday: Why CommonBond Failed It's Throwback Thursday, and today we're taking a look at the story of CommonBond, a student loan startup that was once on the rise but ultimately failed. Founded in 2011 by David Klein, Michael Taormina, and Jessup Shean, CommonBond aimed to provide affordable student loan options for university graduates. However,…
Carrie Cousins By Derek Watson  |  Dec. 15, 2022
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What the 🤬 is Product Market Fit

What Is FinTech? The Basics What the 🤬 is Product Market Fit ➡️ PMF is bandied around by everyone, but rarely do I hear it accurately described with context, process or valuable insights. ✅ Product market fit is an outcome, you either have it or you don't. 💡 The helicopter statement. Product market fit =…
Carrie Cousins By Derek Watson  |  Dec. 14, 2022
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Community Stories

How do some startups seem to raise so fast?

Startup opportunities: Fitness meets Gaming in the metaverse 💡 How do some startups seem to raise so fast? ➡️ The reality is that they have been preparing to raise for much longer than we realise. Raising money when you don't need it is raising from a position of strength. They have a process that allows…
Carrie Cousins By Derek Watson  |  Nov. 04, 2022
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Community Stories

Startup Speed to Velocity Flywheel

Startup opportunities: Fitness meets Gaming in the metaverse 💡 Startup Speed to Velocity Flywheel It's an old framework but a goodie and can be applied to anything we do. But first, let's debunk the advice we often see about speed when building a startup. ➡️ "Don't worry about speed; direction is more important. I would…
Carrie Cousins By Derek Watson  |  Oct. 30, 2022
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Community Stories

Startup founder ageism is REAL and totally WRONG.

Startup opportunities: Fitness meets Gaming in the metaverse 💡 Startup founder ageism is REAL and totally WRONG. ➡️ Let's set the record straight instead of listening to guessing rhetoric 👇🏼 plus three criteria that data says you need to succeed. ➡️ Let's set the record straight instead of listening to guessing rhetoric 👇🏼 plus three…
Carrie Cousins By Derek Watson  |  Sep. 20, 2022
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Tactics without strategy are the noise before defeat.

Startup opportunities: Fitness meets Gaming in the metaverse 💡 Tactics without strategy are the noise before defeat. ➡️ In 2009, a Stanford professor gave their entrepreneurship class a task.➡️ The students were split up into different teams  ➡️ Each team was given five dollars in funding➡️ Each team was given two hours for the task💡 Make…
Carrie Cousins By Derek Watson  |  Sep. 12, 2022
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Community Stories

N2 is proud to be a partner of One Tree Planted

N2 is proud to be a partner of One Tree Planted N2 is proud to be a partner of One Tree Planted One Tree Planted is a 501C3 non-profit with a focus on global reforestation. The importance of trees In the Northern Hemisphere, whether you are in the city or countryside, it's impossible not to…
Carrie Cousins By Poppy Higgins  |  Mar. 24, 2021
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Community Stories

N2 & NIC Webinar on Fundraising: How to Become Investor Ready

In this session hear from the experts on what it means to be investor ready. Hosted by the National Incubation Center Karachi and N2 Technology. Panelists:    Derek Watson, Founder, N2 Technology Sidra Bano, Investment Lead, TLP e-Ventures Lee McMahon, Co-Founder, Clara Technologies Mediator: Sana Shah, Creative & Outreach Lead, NIC Karachi Read more on…
Carrie Cousins By Poppy Higgins  |  Feb. 26, 2021
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Community Stories

4IR: The Metamorphosis of Technology, Facilitated by Covid-19

4IR: The Metamorphosis of Technology, Facilitated by Covid-19 Welcome to The Fourth Industrial Revolution; where the physical, digital and biological spheres have coalesced, fundamentally altering the way we live, work and relate to one another. Evolving at an exponential pace that has no historical precedence, this revolution is disrupting almost every industry, in every country,…
Carrie Cousins By Darcy Alexander  |  Feb. 16, 2021
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Why N2 Technology partnered with One Tree Planted

One Tree Planted One Tree Planted is a 501(c)(3) nonprofit dedicated to their mission of global reforestation one tree at a time. They also raise awareness about the importance of trees, offer businesses like ours a simple sustainability solution, and motivate younger generations to do something positive for the environment. They also offer us a…
Carrie Cousins By Poppy Higgins  |  Oct. 18, 2020
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Community Stories

#TBT The LBO of the ’80s

Throwback Thursday. The LBO of the ’80s In 1988, the decade of “Greed is good”, snack and tobacco producer RJR Nabisco turned private when it was bought out by KKR & Co for $25.1 billion. Still ranked as one of the largest ever LBOs, it brought the world of Private Equity to the front pages…
Carrie Cousins By Derek Watson  |  Aug. 10, 2020
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Community Stories

A brief history..: Derek Watson, co-founder, N2

A brief history..: Derek Watson, co-founder, N2 Computer Science at school, my online store. From a very young age, I have had a strong passion for statistics and probabilities, rolling dice and taking note of the outcome and then trying to predict the next roll; little did I know about independence at the age of…
Carrie Cousins By H W  |  Jul. 27, 2020
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Community Stories

#TBT Public to Private and back again

Blackstone Group bought Hilton Worldwide holdings in 2007, one of the world’s largest hospitality companies. Founded in 1919 by Conrad Hilton, it operated in 90 countries and had more than 4,000 hotels with 670,000 rooms under its umbrella. Hilton was a publicly listed company when Blackstone paid $47.50 per share, a huge 32% premium over…
Carrie Cousins By Derek Watson  |  Jul. 23, 2020
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Community Stories

MENA REGION: VC TRENDS 2020 AND BEYOND

MENA REGION: VC TRENDS 2020 AND BEYOND I've spoken lots about how COVID has accelerated the acceptance and adoption of technology. For all the awful things that have happened due to the pandemic, it has clearly formed the tipping point for a technology driven revolution. Very few industries will look the same, function the same…
Carrie Cousins By Derek Watson  |  Jul. 02, 2020
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Community Stories

#TBT When a Silicon Valley Startup, with Huge VC Backing, Crashed

Company: Jawbone Select VC investors: Khosla Ventures, Sequoia Capital, Kleiner Perkins Caufield & Byers, Kuwait Investment Authority, Black Rock, Rizvi Traverse Management, SevenVentures, JPMorgan Partners (JPMP), Deutsche Telekom, Silver Lake Partners, Wells Fargo, Fortress Investment Group, Andreesen Horowitz, Atomico, Mayfield Fund, SV Angel. In July 2017, device maker Jawbone became one of the most spectacular…
Carrie Cousins By Derek Watson  |  Jun. 21, 2020
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#TBT Irrational exuberance, dot.com to dot.gone

Dot Com to Dot gone Stephan Paternot and Todd Krizelman met at Cornell University in the early 90s. Chatrooms were becoming commonplace on college campuses, and they saw the chatroom as more than just a place for social interaction but as a huge business opportunity.   In December of 1994 the two raised  $15,000 and…
Carrie Cousins By Derek Watson  |  May. 30, 2020
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