Haseeb Awan2019-05-12T19:39:47+00:00

Justifying Microsoft’s biggest bet since inception

Microsoft just announced to acquire LinkedIn for $26 Billion which is almost 50% higher than the public market valuation. For the sake of comparison, Google purchased YouTube for $1.65 billion 10 years ago. Facebook paid $715 million for Instagram in 2012 and $19 billion for WhatsApp two years ago. […]

June 15th, 2016|Categories: Startups|

One line that changes your approach

In old times Kings had strange requests and they had advisors whose jobs was to fulfill them. Failure to do so results in punishments that varied from imprisonment, demotion or in severe case even death penalties. […]

March 29th, 2016|Categories: Life|

Important vs Urgent – Who takes the lead ?

Time is the most limited commodity that any successful person have & time management is one of the most sought after skill for majority of us. Urgent & Important are the two major parameters used in prioritizing where to focus our resources on. Eisenhower matrix is ever-green cheat sheet for any one looking to help prioritize their day. Biggest issue we struggle with is “urgent” taking priority over “important”. If you give some one two tasks with following - Task A is urgent [...]

March 21st, 2016|Categories: Life, Startups|

It’s March – but interest rates are stable

Yesterday, FOMC announced that they are not making any changes to the interest rate. Later last year, they made an upward move after almost a decade. They also changed their stance on frequency of changing the interest rate. Earlier they indicated that they would change interest rate 4 times in 2016, but it was not well received in the market. Now they have backed-off to resonate with their counterparts. While it's not as exciting, this will bring stability to the economy. Stable interest [...]

March 17th, 2016|Categories: Fintech, Startups|

Privacy == Liberty

I recently had an honor to meet Mike Janke ( Co-founder & Chairman Silent Circle - Encrypted Communication Firm), which prompted me to write over this issue. Mike's some one who I admire a lot & I am baffled by the fact that he's recognized as much as he deserves it. He came to me as some one who'se really passionate about the cause & value & I feel myself lucky to be present in same room as him. He's a hero ! [...]

March 15th, 2016|Categories: Life|

Weaker Loonie against USD – Who’s getting hammered here ?

From Acuras to iPhone applications, suits to sweet potatoes, Canadians will be paying more for imported products, on account of the loonie's fall against the U.S. dollar. It has dropped by almost 10% in last 12 months which is a significant drop in a short horizon of time. Although it’s not the highest one, but certainly rank among them. “Who wins and who loses when the loonie gets hammered” Obviously it’s the end customer who will be paying more. Increasing costs are passed [...]

March 5th, 2016|Categories: Fintech, Life|

Negative Interest Rate Policy (NIRP) – Friend or Foe?

Whenever we borrow any amount, we expect to pay an interest on top of the principal amount. Recently it was increase after almost a decade however buzz word of negative interest rate have started to circulate in financial world. It's not a new concept and currently exist in multiple EU countries. “Consider it as a Tax on your balances without even defining it to offset loss in revenue due to reduced economic activities” NIRP is a desperate attempt to boost economy in tough [...]

February 29th, 2016|Categories: Fintech|

11 facts about Cayman Island

I was in Cayman Island recently and was fascinated by how developed it is. Sharing some of the interesting facts here 1 - Cayman has its own currency; the Cayman Island Dollar (CI$). This is tied to the U.S. dollar and does not fluctuate from it. The cash exchange rate is CI$1.00 = US$1.25. 2 - There is no income tax, capital gains tax, or corporation tax. There is a 10 percent government hotel tax and a stamp duty ranging from 7 ½ [...]

February 10th, 2016|Categories: Fintech|

Three Ways To Stay Current In The Financial Services Industry

The financial services industry is a cutthroat market with razor-thin margins, making it one of the toughest industries in which to generate profit. Yet, for Fintech startups, it is one of the least chartered, most lucrative sectors. Accenture recently reported that fintech investments grew 201 percent in 2014 compared to the previous year. As a comparison, overall venture capital investments grew only 63 percent in the same period. There is little doubt that today’s financial systems are inherently complex, outdated and inefficient. The potential to innovate within [...]

January 27th, 2016|Categories: Fintech, Startups|

Interest rates increased after almost a decade

So Finally FOMC increased the interest rates this week by .25% after almost a decade as expected. Though it was fixed since 2008 at 3.25%, June 2006 was the last time it was increased. Federal Open Market Committee (FOMC) mandate is to determine the prime interest rate & money supply.It was formed through the  Banking Act of 1933 & were supposed to meet four times a year. However since 1981, they are meeting every five to eight weeks at least 8 times a year to [...]

December 18th, 2015|Categories: Fintech|