Saigoneer
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While 2020 will go down as one of the most grueling years in recent human history, there is positivity in Vietnam’s startup industry. In advance of the annual Saigon Startup Year-End Party on January 17, Saigoneer sat down with some local VCs to look back at the Vietnamese startup scene in 2020, and how things are shaping up for 2021.
This stems from the country’s world-class handling of the COVID-19 pandemic, which allowed many people to carry on their business in a relatively normal fashion, in addition to spurring economic growth while most nations witnessed regression. At the start of the outbreak in Vietnam, however, it wasn’t clear which direction things would go in.
Good Morning Vietnam, With Gold-Plate Coffee Mugs
Good Morning Vietnam, With Gold-Plate Coffee Mugs
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Gold prices had hit a record high this year, but there is one spot where it’s flowing freely Vietnam.
In the southeast Asian country, you can wake up to a coffee in a gold-plated mug followed by a bath in a gold-plated tub or a swim on a gold-tiled pool. Even the toilet seats are made of gold and food is sprinkled with gold flakes.
Ironically, Vietnam is still formally a communist state.
Men practice golf at the Hanoi Club Golf Center. (Photo credit: Paula Bronstein/ GettyImages)
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PALO ALTO, Calif., Dec. 10, 2020 /PRNewswire/
Turing.com, an automated platform that lets companies hire Silicon Valley caliber remote developers at the touch of a button, announced today a $32-million Series B funding round led by $3.3-billion fund WestBridge Capital. The round includes a number of high-profile investors, such as Foundation Capital, which led Turing s seed round. Altair Capital, Mindset Ventures, Frontier Ventures, and Gaingels also participated in the Series B round, which was heavily oversubscribed.
Driven by the massive global shift to remote work, Turing taps into a global pool of developers to help companies hire in markets such as the San Francisco Bay Area, aka Silicon Valley and New York, where it is difficult and expensive to hire and retain top software engineers. Turing rigorously vets developers for a Silicon Valley bar.
Turing nabs $32M more for an AI-based platform to source and manage engineers remotely
As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform to help companies source and bring on one specific category of remote employees engineers is taking on some more funding to meet demand.
Turing which has built an AI-based platform to help evaluate prospective, but far-flung, engineers, bring them together into remote teams, then manage them for the company has picked up $32 million in a Series B round of funding led by WestBridge Capital. Its plan is as ambitious as the world it is addressing is wide: an AI platform to help define the future of how companies source IT talent to grow.