Hiring for Insurance, or Potential?

The “job description” has achieved gospel status in the modern corporation, from startups to large multinationals. It lists tasks, responsibilities, competencies, skills, and anything else the hiring organization, through the hiring manager and HR specialist eyes, thinks is important to help filter and select candidates for a job. I refer to this hiring strategy, jokingly, […]

Read More

The Startup CEO

There is no shortage of advice for startup CEOs, from books to blog posts, and an endless stream of online advice. The bigger the mainstream media buzz about startups, the better the chance of seeing almost every day something like “The 3 Most Important Characteristics of a Successful Startup CEO”. But I digress… I have […]

Read More

The New Age of Algorithms

I come from an engineering background, for me computers were, for a long time, calculators, a tool to perform either complex calculations, or on large data sets. Otherwise a handheld calculator – standard in my university years – would have been more than enough. Computers were expensive, data entry was a pain, and output was […]

Read More

Getting To Know You, or Why We Invested in IdentityMind

We have recently announced our investment in IdentityMind Global, a software-as-a-service company that provides technology solutions for mitigation against financial crimes like identity fraud and money laundering. The problem of fraud and financial crime has always been with us, before computers and the internet. And as the financial system evolved, so has financial crime.  In the age of e-commerce, with an […]

Read More

The Startup Team: 4 + 3 = 1

The days of building something really innovative on your own are long gone. Edison – the prototypical inventor – had a huge lab and many assistants. Steve Jobs led teams of innovators. I have been arguing for a while, in corporate environments and my blog, that no sane company should reward individual contribution/results and settle […]

Read More

Why We Don’t Invest…

In our work at STB Venture Capital we see hundreds of financial technology (“fintech”) companies. We ask all companies to submit their startup profile through the Gust web site — our submission page is here. Most of the time, we have to reject a proposal because it does not fit our preferred profile – we […]

Read More