In the world of startups, where innovation and risk-taking reign supreme, honesty often takes a backseat to the allure of convincing an investor to take a leap of faith. However, amidst the hype and ambition, it is crucial to recognize the importance of honesty as the cornerstone of building trust…
Category: TechStartup
The only recipe for your first meeting with an investor
The first step to closing a deal with an investor Valuation of your company Founders tend to overestimate the value of their company. Here is a way to present the investor with a realistic estimate. The development stage valuation approach is often used by angel investors and venture capital firms to quickly come up…
Preparing a killer business plan
Which business models attract investors? 1. Pricing strategy. Many companies think they need to undercut their competitors to attract clients. Actually, this strategy is a recipe for failure. If your only appeal is a low price, there will be no reason for customers to come back to you if they find…
R.A.U. Juchter van Bergen Quast receives honorary doctorate in Kiev for his outstanding contributions to business development
The CEO of the Swiss Chamber of Commerce has received an honorary doctorate from the Institute of Agroecology and Natural Resources in Kiev for his outstanding contributions to business development. The ceremony was attended by an international audience. Visiting Kiev On 25 November 2021, an international delegation visited the Institute…
Heerlen introduces digital rewards for local participation
How do you encourage residents to get involved in their local community? And how do you promote social cohesion in your town or city? In an effort to answer these questions, the Municipality of Heerlen has come together with a number of external parties to launch a ground-breaking project. Residents…
Can cryptocurrencies work as actual currencies?
No, says UBS Global Wealth Management: Cryptocurrencies may never be able to work as actual currencies. The “fundamental flaw” inherent in cryptocurrencies is that supply can’t be reduced when demand is slumping in most cases, Paul Donovan, chief economist at UBS GWM, said in a video this week. That means they can’t…
European Chamber of Digital Commerce congratulates SIX Swiss Exchange with public offering of unique financial instrument linked to physical gold and crypto
SIX Swiss Exchange in Zurich recently listed a unique exchange traded fund (ETF), issued by Leonteq Securities, Guernsey Branch: the Tracker Certificate on the Global Asset Appreciation Index. This financial instrument replicates the price movements in a dynamic, actively managed index, that invests in liquid markets worldwide, in particular the…
Our free business directory listing | A golden opportunity to reinvent your business (before it’s too late)
Faced with the unpleasant reality of the Coronacrisis, you are compelled to reinvent your business. The ability to pull off this difficult feat—to jump from the maturity stage of one business to the growth stage of the next—is what separates high performers from those whose time at the top is…
Our upcoming events at CNNMoney Switzerland
The Digital Future Board Room is a problem-solving roundtable for experts to provide key direction, perspectives, and solutions to pressing global issues that shape our digital future. All events are televised by CNNMoney Switzerland, digitally distributed, and open to an invited audience. At our events, you can be interviewed by CNNMoney Switzerland in…
Digital Future Board Room during the World Economic Forum in Davos
The European Chamber of Digital Commerce provides leading solutions for leaders. Our partners enjoy world-class management and technology advisory, global investor and client introductions, authoritative industry whitepapers, and an international Court of Arbitration. The Digital Future Board Room is a problem-solving roundtable for experts to provide key direction on critical issues shaping…
Demystifying Valuation: What Is My Tech Company Worth?
There are at least 12 different ways of assigning a valuation to a company. In simple, common-sense terms, what are these 12 methods? 1. Your revenue. Not the best for early-stage startups, but after a company has been in business for a few years and has a stable customer base, an investor…
Intermediary commission percentages to raise money from investors
Investment banks and other consultants can plan and execute a fundraising campaign for startups and for companies in the growth phase. A reputable fundraising intermediary will likely speed up the process, reduce the legal risks, and negotiate a better deals. Most brokers will take a monthly retainer plus 5 percent…
Important Message to Cleantech Companies
How Do Tech Companies Cross “The Valley of Death” into Profitability? Engerati covers how the European Chamber of Digital Commerce helps tech companies with the #1 issue confronting them: how to go from innovation to making money. Technology innovators need to understand the markets in which they are operating and…
ECDC Cooperates with Research on Startups at King’s College London
CEO of the European Chamber of Digital Commerce Cooperates with Research on Italian Startups at King’s College London “Made in Italy”–does this label have a negative or positive effect on investors making decisions to fund biotech and medical technology startups in Italy? How is Italy perceived as a country? Does…
Entrepreneurs of Europe featuring innovative tech founders
Entrepreneurs of Europe seeks to lift innovative European entrepreneurs in the spotlight and share their story to the world. Founder Joona Mäntyvaara quotes: You can make the best movie in the world, but if you don’t tell about it, no one will watch it. He sees that entrepreneurs in Europe can…
The #1 Problem Tech Companies Face
The #1 problem that tech companies face, simply put, is making money. We might have a trailblazing innovation, but who will buy it? And how do we get those people to actually BUY it? The first 15 years of my career, I was building technology within the corporate and government…
The intriguing history of IT showcased by the Hellenic IT Museum
The European Chamber of Digital Commerce endorses the Hellenic IT Museum for its rich collection of milestone computers and peripherals that have led to the progress of information technology. This special IT Museum in Greece started its operations in 2009. Since 2012, the Museum constitutes the first official Greek organization…
Solutions for Haiti using Digital Transformation
In 2017, Professor Michael E. Porter of Harvard Business School gave an important presentation about a strategy for restoring Haiti’s prosperity. A crucial part of his advice is to “make attracting foreign investment a core strategy“. In this article I will provide a suggestion to implement such a strategy. The…
Becoming an International Offshore Centre – Steps to be taken by African nations
Introduction A number of African countries have began the process of moving away from being a tax haven to being an international finance centre, offering financial products to take advantage of the increasing international mobility of capital and labour. Legislations are continually being written with this goal in mind. It is…
SwissMate Archive
SwissMate is a publication of the Swiss Chamber of Commerce in The Netherlands (SCCN), formed in 1933. SwissMate is the predecessor of Digital Future Magazine, published by the European Chamber of Digital Commerce, an activity of the SCCN.