Tag: entrepreneur community

  • Top Facebook Entrepreneurial Groups of 2022

    Richard Branson quotes – “My biggest motivation? Just to keep challenging myself. I see life almost like one long University education that I never had — everyday I’m learning something new.”

    The entrepreneurial road is winding, uphill, challenging, ambiguous and definitely filled with struggles. It also, at times, diversifies into multiple little by-lanes creating confusion and a colourful roller-coaster of thoughts.

    A new business is a fertile ground of energized participants bursting with ideas and an almost unrealistic optimism for the future. Cut to a few months of operation and having tasted a few failures, enthusiasm begins to wane. This is where support and guidance from like-minded entrepreneurs become essential to keep the faith and enthusiasm high.

    Thanks to the technology available to us all today, support and networking groups are readily available at a single finger click. Social Media sites like Facebook, are a primary source to reach out to groups that are compatible to an individual’s business model. Such groups are many and diversified with active members from all over the world. Connecting with like-minded people for advice, support, exploring new opportunities or even to bounce ideas is easier.

    A search on Facebook easily provides a list of groups from which one can choose. It is imperative, however, to understand the group’s guidelines and rules before joining.  A golden rule of thumb dictates that, a member is also a value-add to the rest of the group with limited self-promotion (as guided by the group policies).

    Below is a list compiled of some of Facebook’s top Entrepreneurial groups of 2022.  This list is in no particular order.

    1. StartupTalky
    2. Network Capital
    3. Entrepreneurs Networking Group
    4. Global Entrepreneurs Connect Fellows International
    5. Humans of Online Business
    6. Small Business Owners/Entrepreneurs
    7. Home Business Opportunities
    8. Entrepreneurs India
    9. Success Mindset-Small Business Owners, Start-Ups & Entrepreneurs
    10. Women Helping Women Entrepreneurs

    1. StartupTalky

    Based in Bangalore and created by Shubham Kumar seven years ago, this group does exactly what its name suggest. It talks about Startups. Entrepreneurs from various businesses can join the group and come together to help, support and encourage each other to build successful businesses. If you are an entrepreneur with a mindset of leadership and growth you are where you need to be.

    2. Network Capital

    This is a group created 6 years ago for the express purpose of career exploration and advancement. This group is made up of those with the hunger to learn and those with a passion for sharing. Learn to grow, share to help and support to expand are the mantras of this group that focuses on mentoring budding entrepreneurs.

    3. Entrepreneurs Networking Group

    A group by LaShawn Charles boasts 183K members. The members include businessmen and women from a wide array of businesses. Members can connect, network and build new affiliations, share knowledge and also give and receive support and/or advice.

    4. Global Entrepreneurs Connect Fellows International

    With a worldwide group strength of 232K members, this group is located in Houston, Texas. This online colony houses entrepreneurs from all over the globe.  They share their own stories, promote their businesses, and build their own strong network of partners and allies. Operating within its own boundaries, this group can be a strong support system for a new business or even an established one looking to expand.

    5. Humans of Online Business

    You are in the right place if you are building an online business and want to operate in HUMAN ways – so says their tagline.  With almost 10K members, this group aims toward learning and growth. The admins of the group are expert instructors in different business areas and offer to teach the best ways to attract an audience, market the wares and build strategies for success.

    6. Small Business Owners/Entrepreneurs

    Created two years ago and with almost 250K members today, this group aims at small business owners who are looking to expand. Growth through experiences and knowledge sharing is a key component to joining its ranks. If the business for profitability is your motto, then this is the right place.

    7. Home Business Opportunities

    Created almost 10 years ago, this group has grown to 51K members. This is a group that connects people worldwide who are looking for new business opportunities to people who have a business opportunity to share. The post-covid world has widened business opportunities and also opened new avenues for it. If you are seriously looking for a new start, this group is a great place to connect and grow.

    8. Entrepreneurs India

    Based in Chennai with 31.4K members, this group was created 11 years ago.  In light of ‘Atmanirbhar Bharat’, this platform allows you to network with entrepreneurs, aspirants and leading technologists from their respective fields.  This is a group that is about the exchange of ideas, guidance, effective action plans and empowering startups for success.

    9. Success Mindset-Small Business Owners, Start-Ups & Entrepreneurs

    Created 4 years ago, this group’s primary objective is to create a successful mindset leading to fulfilled lives and also create an impact on the less fortunate. The goal of this group is the self-development and motivation of individuals in order to create successful entrepreneurs.

    10. Women Helping Women Entrepreneurs

    Based in the United States of America with a member strength of 598K, this group is dedicated to helping women entrepreneurs prosper across all areas of their life – be it business, personal growth, or balancing a family and career. The Admin of this group proactively shares pieces of training on various topics like social media marketing, branding and PR.

    Conclusion

    Facebook has a long list of entrepreneurial groups that aim at successful business practices through various channels. All it requires is diligent participation, an attitude of gratitude, an inclination to learning and sharing and a willingness to expand personal horizons.

    FAQs

    Which group is best for entrepreneurs?

    Business Network International (BNI), Young Entrepreneur Council (YEC), Entrepreneurs’ Organization (EO), and Young Presidents’ Organization (YPO) are some of the best groups for entrepreneurs.

    Which social media is best for entrepreneurs?

    StartupNation, Networking for Professionals, Founders Network, Founders Grid, and LinkedIn are some of the best social media groups for entrepreneurs.

    Where can I find like-minded entrepreneurs?

    Co-working spaces, Online Influencers, Conferences, Meetups for Creatives, and Networking Events.

  • List of Companies Acquired by Stripe

    We are living in a world where technology has made our life easier. We can’t even think about living our life without using a single form of tech; we are highly dependent on them. Tech companies are now ruling the world because of that, even the demand for tech startups is rising every day.

    One of the most in-demand industries now is Fintech. Some of the popular Fintechs are literally ruling the world with their services. The rise of the internet and smartphones and the trend of making India digitized has contributed to the rise of Fintech in the world.

    One of the popular Fintech companies is Stripe. It is an Irish-American Silicon-valley Fintech startup that provides SaaS and financial services. The company’s headquarters is situated in two places that are in San Francisco, the United States and Dublin, Ireland. The company was founded in the year 2009 by Patrick Collison and John Collison.

    The company mainly offers payment processing software and Application Programming Interfaces for E-commerce websites. Stripe has acquired many companies to expand their services in various fields. In this article, we will talk about the companies that are acquired by Stripe. So, without any further ado, let’s get started.

    “Much of what is called investment is actually nothing more than mergers and acquisitions, and of course mergers and acquisitions are generally accompanied by downsizing.”
    -Susan George

    RunKit
    Indie Hackers
    Index
    Touchtech
    Kickoff
    Totems
    Paystack
    TaxJar
    Bouncer
    Recko
    Payable
    OpenChannel

    RunKit

    RunKit Logo
    RunKit Logo

    RunKit was founded in the year 2014 by Francisco Tolmasky and Ross Boucher, it was formerly known as Tonic. It is a tool for prototyping JavaScript. RunKit enables you to have a proper JavaScript environment in just a single click where one can use their npm model and see the results of it.

    The best part is that there is no need for installation. It is a node playground in the browser. The headquarters of the company is situated in San Francisco, United States of America. Stripe acquired Runkit in the year 2016 at an undisclosed amount.

    Indie Hackers

    Indie Hackers Logo
    Indie Hackers Logo

    Indie Hackers is a community and website where well-known entrepreneurs and founders of profitable businesses share their stories on the platform. The new entrepreneurs and startup owners read those and learn from those stories and experiences. Here the entrepreneurs come together and share all kinds of experiences and receive feedback and support when they need it.

    The company focuses on making companies earn profit while being independent. The community was founded in the year 2016 by Channing Allen and Courtland Allen. The company was acquired by Stripe in the year 2017 for an undisclosed amount.

    Index

    Founded in the year 2012 by Jonathan Wall and Marc Freed-Finnegan, Index is a retail software company that provides security, personalised experiences and others. It mainly helps retailers to evolve their in-store payments and create their customer contact database.

    Index is known for PIN pads that help read a chip card in just a second. The headquarters of the company is situated in San Francisco, United States of America. Stripe acquired Index in the year 2018 for an undisclosed amount.

    Touchtech

    Touchtech Logo
    Touchtech Logo

    Touchtech was founded in the year 2014 by Niall Hogan and Shekinah Adewum and its headquarters was situated in Dublin, Ireland. Touchtech is a startup that basically works together with banks to build and manage verification processes for customers who required two different forms of authentication so that they can process transactions through their cards. Touchtech was acquired by Stripe in 2019.

    Kickoff

    Stripe made its first official acquisition by acquiring Kickoff, which is a chat and task management application. Through this app, companies can share the tasks with their employee, manage the team and can also chat with them, the app works for Mac and iOS platforms. Kickoff was founded in the year 2011 by John Gardner and Benjamin De Cock. The headquarters of the company is situated in Aubange, Luxembourg, Belgium.

    The app was specially designed for enabling proper team conversation; it also has some special features like history access and offline support. Stripe acquired Kickoff in the year 2013 exactly after two years, the company was founded.

    Totems

    Totems are an Internet software and service company founded in the year 2011 by Gabriel Hubert and Stanislas Polu. The headquarters is situated in Ketchikan, Alaska, United States. The company mainly offers marketing tools for brands on social media platforms, including Instagram. This helps brands to realize where they stand and what their presence means on Instagram.

    Apart from that, it helps brands realize and understand the need of their audience; brands can also track their marketing campaign. TOTEMS was acquired by Stripe in 2015 at an undisclosed amount

    Paystack

    Paystack was founded in the year 2015 by Ezra Olubi and Shola Akinlade and provides financial services to its customers. It is a website that let businesses accepts various forms of payments through credit card; debit card, and mobile transfer from anyone and any part of the world. The headquarters is situated in Ikeja, Nigeria.

    Stripe acquired the startup in the year 2020 when the startup had over 60000 customers at an amount of over $200 million. This acquisition is said to be the biggest startup acquisition in Nigeria.

    TaxJar

    TaxJar is a tech solution founded in the year 2013 by Mark Faggiano and Matt Anderson. The company basically helps E-commerce manage its sales tax. The company is to help the E-commerce sellers and make their work easier by handling the challenges of Sales Tax. The company’s headquarters is situated in Boston, United States. In 2021, TaxJar was acquired by Stripe in the year 2021; the acquisition was to remove any kind of barriers to multinational companies for their growth.

    Bouncer

    Bouncer Logo
    Bouncer Logo

    Bouncer is a company focused on making card authentication technology that will reduce the chances of fraud during any kind of transaction of online businesses. It is a risk detection tech platform. Bouncer was founded in the year 2019 by Sam King, Steven Liu and Will Megson and the company’s headquarters is situated in Oakland, United States. Stripe acquired Bouncer in the year 2021.

    Recko

    Recko Logo
    Recko Logo

    Recko is an Indian fintech company founded in 2017 by Prashant Borde and Saurya Prakash Sinha. Recko is a financial operation platform for online companies and their digital transaction. It basically helps businesses to track online businesses’ incoming and outgoing payments. Platforms like Meesho, Deliveroo and PharmEasy are The Company’s headquarters is situated in Bangalore, India. Recko was acquired by Stripe in the year 2021

    Payable

    Payable Logo
    Payable Logo

    Payable was founded in the year 2013 by Kyle Kilat, Peter Terrill, and Tad Milbourn. It is a platform that helps contractors to get their payments hassle-free. Some of its features like providing invoices, tracking the contractor’s work, and calculating their earnings as well as taxes make it an interesting platform for workers as well as the companies. Stripe acquired Payable in the year 2017 to take help from tax-related obligations.

    OpenChannel

    OpenChannel Logo
    OpenChannel Logo

    OpenChannel is a company that provides help to businesses by allowing them to create, launch and manage apps for their work. These are created for the products of the business. Open Channel was founded in the year 2013 by Brian Amaro and Michael Kovacs. The headquarters of the company is situated in Auckland, New Zealand. OpenChannel was acquired by stripe in 2021.


    List of Startups Acquired By Razorpay – 2022
    Razorpay is a fintech startup that has made a huge success. Startup acquisitions contributed to it. Here are the startups acquired by Razorpay.


    Conclusion

    Stripe by acquiring so many tech companies is on the verge of making its service expand to other fields as well. The main point of Stripe is to help businesses by taking all these companies’ services. The company is now raising more funds to acquire companies and add them to its list of acquisitions. Stripe’s current valuation is over $95 billion.

    FAQs

    Who is the founder of Stripe?

    Stripe was founded in the year 2009 by the Collison brothers, Patrick Collison and John Collison.

    What are the companies that are acquired by Stripe?

    The companies that are acquired by Stripe are:

    • RunKit
    • Indie Hackers
    • Index
    • Totems
    • Touchtech
    • Kickoff
    • Paystack
    • TaxJar
    • Bouncer
    • Recko
    • Payable
    • OpenChannel

    What is the revenue of Stripe?

    The revenue of Stripe is 740 Crore USD as of 2020.