‘I Monitor My Staff With Software That Takes Screenshots’

AmiMoJo shares a report from the BBC: Shibu Philip admits he knows what it’s like to “maybe waste a bit of time at work.” Shibu is the founder of Transcend — a small London-based firm that buys beauty products wholesale and re-sells them online. For the last year and a half he has used Hubstaff software to track his workers’ hours,…

Tech Startups Face New Investor Mandate: Profits Over Discounts

The discounts and freebies many tech startups have used to lure customers– free lunch delivery, $3 beauty products and bargain taxi rides — have fallen out of favor with investors who are losing patience with the failure of these companies to turn a profit. From a report: The proliferation of subsidized products and services from venture-capital-backed startups over the past decade…