First off, it turns out the Taiwanese have caught on to the Japanese Fortune Bag concept. Even Family Mart sells fukubukuro bags. My guess is the entire exercise is quite profitable... for the merchant. You would think for publicity...
Hello and Happy New Year from Tokyo, Japan. The culture here certainly has some interesting concepts not found elsewhere in the world. We previously discussed the ancient "Repaired With Gold" technique, hat tip to Jason Friedman.
New Year Fortune Bags
Around...
Today, a VC named Fred Wilson discussed 10 bold predictions for the next decade on his well-named blog, avc.com. He is the same guy who Paul Graham once begged to invest in Brian Chesky's Airbnb, but famously declined, pre-Series...
None of us on Team RentHop are particularly political. We follow politics when things are interesting. Plus, the real estate industry will always be impacted by political agendas from all sides. But when it comes to red versus blue,...
Today, we had our annual RentHop Secret Santa gift exchange. We upgraded from the old "names in a hat" method to the much higher-tech Elfster (because one employee was tired of getting the same recipient three years in a...
Last time we discussed the very early days. From mid-2008 to 2010, RentHop used co-founder Lawrence Zhou's apartment to write code on nights and weekends, while the founders held day jobs at Traxis Partners, D. E. Shaw & Co.,...