Andrew Hong

78 Flips | 18 Magazines | 3 Likes | 15 Following | @andrewnhong | Keep up with Andrew Hong on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Andrew Hong”

What a $20 billion startup looks like when it's just starting out, and everyone thinks the idea is stupid: Here's Airbnb's first-ever pitch deck

But when Airbnb was first getting started in 2008, the founders struggled and would-be investors snubbed their idea.<p>The founders shared their first pitch deck with an MBA student, back when it wanted to be an air mattress rental company. Here's what it looked like:

Startups

The Top 100 Restaurants In America, According To Yelp

To determine the best restaurants, Yelp combed through millions of US restaurant reviews over the past 10 years, weighing recent reviews more heavily.<p>From top rated BBQ to a cafe located in a laundromat, here are the best restaurants in America:

A Morgan Stanley Exec Explains The Five Big Career Mistakes Young Wall Streeters Make

A 28-year veteran at Morgan Stanley is out with a book on the unique challenges young professionals face when trying to navigate the workplace.<p>After publishing her first career advice book, <i>Expect To Win</i>, Carla Harris said she encountered questions from young professionals that weren't answered, …

Here Is The History Of Life As We Know It

A lot has happened in the Earth's history of nearly 4.6 billion years. Volcanoes erupted, asteroids crashed down, life formed, and countless species evolved and went extinct, all while the continents were slowly drifting around.<p>Designer Juan David Martinez captures this vast and humbling history in …

It's Hard To Believe This Sharp, 5-Point Business Memo Was Written By A 23-Year-Old

Just three years ago, Evan Spiegel was a senior at Stanford University. Today, he runs a mobile application worth $10 billion, Snapchat. Spiegel turned 24 in June.<p>Going from a college frat boy to the CEO of today's hottest new startup isn't easy. Spiegel has been painted as tactless, spoiled and …

Here's The One-Word Reason Why The Super-Rich Love Yachts

A yacht is the pinnacle of luxury and decadence.<p>But more so, a personal yacht offers something you can't get with most large vessels: <b>p</b> <b>rivacy</b>.<p>Here's more from the report: "For ultra high net worth (UHNW) individuals, many luxury items and experiences are part and parcel of their lifestyle and are …

Luxury Lifestyle

LEAKED: Internal Uber Deck Reveals Staggering Revenue And Growth Metrics

How much revenue is Uber already generating? How many active users does it have, and how many people are driving for it in cities around the world?<p>Business Insider obtained an internal Uber presentation that's nearly 60 pages long last week that was produced in early 2014. In it, there's …

Markets

Melinda Gates: Warren Buffett Taught Me How To Be A Good Friend

During his formative years Bill Gates was notoriously hard-nosed. There are many stories of his tantrums when he and Microsoft were young, such as this one: Microsoft employed a person to count of how many times F-bombs he would drop during a meeting, according to a former Microsoft employee. The …

Bill Gates

Club Meds

Boasting 100,000 residents over the age of 55, The Villages may be the fastest growing city in America. It's a notorious boomtown for boomers who want to spend their golden years with access to 11 a.m. happy hours, thousands of activities, and no-strings-attached sex, all lorded over by one elusive …

30 Things You Need To Know To Be Successful In Life

Quora users discussed some lessons they've learned along the way in the thread, "What are the top 10 things we should be informed about in life?" Users had many more than 10 tips to offer, and we've collected and paraphrased some of the best advice, arranged by contributor below.<p><i>Justin Freeman, who</i> …

The Inventory Of Low-End American Homes Continues To Be Tight

The number of homes listed for sale on Zillow was up 17.7% year-over-year in June. Inventory was up for the fourth straight month and climbed in 81% in the metros covered by Zillow. But overall inventory remains tight.<p>"Tight inventory is especially pronounced in the lower end of the market, which …

A Former Hedge Fund Manager Created A Fancy Shuttle Service To Compete With Private Jets

Looking back at his life and travels as a hedge fund manager, Fertig realized that many of his best experiences were dampened by low-quality ground transportation. At the same time, he believed others who still worked in his former occupation experienced those same inconveniences.<p>So Fertig, a …

14 habits of exceptionally likable people

One thing that will never change in business is the advantage charisma offers. The ability to form lasting relationships built on genuine empathy will always beat out a cold-blooded Machiavellian approach in the long run<p>The writer Napoleon Hill recognized this as a young business journalist and …

We Got A Look Inside The 45-Day Planning Process That Goes Into Creating A Single Corporate Tweet

Facebook, Twitter, and Instagram have become increasingly crowded with branded accounts seeking your attention. Every few seconds, your favorite brands are tweeting at you.<p>But what most people don't know is how much time and effort goes into curating these accounts, writing tweets, and filling your …

Public Relations

Here's Why Chinese Shadow Banking Is Still Accelerating

IN THE town of Jingjiang, a few hours' drive from Shanghai, Yangzijiang Shipbuilding is making 21 huge container ships for Seaspan, a Canadian shipping firm. An enormous sign declares, "We want to be the best shipyard in China." It is certainly among the most profitable, earning 3 billion yuan …

14 Tactics For Reading People's Body Language

According to UCLA professor Albert Mehrabian, 55% of what you convey comes from body language, 38% from the tone of your voice, and only 7% from the words you say.<p>So how do read between the lines? We've compiled tips from Psychology Today, research journals, and other publications to help you …

Chinese Consumers: Doing It Their Way

In the heart of old Shanghai is a magnificent villa that serves as the workplace of Guo Jingming, a provocative young film-maker. "Tiny Times", his recent blockbuster, follows the travails of some fashionable college girls (pictured, in the walk-in closet of one of them). Its depictions of the high …

These Excel Text Tricks Will Save Your Life When Cleaning Up Disorganized Data

While Microsoft Excel is an impeccable program, sometimes you're forced to scrounge for data from less organized places. Here, we look at one such example where the data that we import is all stuck in the same cell.<p><i>Produced by Daniel Goodman and Walter Hickey. Originally published in July</b> …

Learn Chinese In 10 Minutes

Chineasy is a strategic, easy-learning project by entrepreneur ShaoLan Hsueh that teaches people to recognize Chinese characters through simple illustration. Watch ShaoLan's presentation at the DLD conference, and learn key characters and phrases.<p><i>Many thanks to our friends at DLD for giving us</i> …

China's High Rollers Love Their Audis

China is the world's largest auto market and it's also home to over a million millionaires.<p>Understandably automakers, especially luxury automakers want a slice of that pie.<p>A new report from Nomura shows that German cars still dominate China's luxury auto market, and that Audi comes out on top.<p>The …

China Approves Pilot Plan To Set Up Private Banks

The China Banking Regulatory Commission (CBRC) would maintain "prudential regulatory standards" in approving private banks, it said in a statement following a meeting on banking supervision.<p>"The first-batch of three to five private banks will be set up under a pilot scheme," it said, adding that a …

24 Charts Of Leadership Styles Around The World

Different cultures can have radically different leadership styles, and international organizations would do well to understand them.<p>British linguist Richard D. Lewis charted these differences in his book "When Cultures Collide," first published in 1996 and now in its third edition, and he teaches …

Leadership

China Is Getting Serious About Its Crackdown On Shadow Banking

Only senior executives received the document. Societe Generale's Wei Yao thinks it is a "trial balloon, in order to gauge the potential response of financial institutions and so probably still open to further revisions."<p>Here's a breakdown of what the policy targets according to Yao:<p>Meanwhile, the …

Ten Predictions for China’s Economy in 2014

China has recently made major decisions about its economic future. On November 15, 2013, China announced dramatic new social and economic policies contemplating much greater reliance on market forces than it has in the past and inviting private-sector participation and foreign competition in …

This Chart Reveals The Perspective Of A Typical Chinese Shopper

Every major retailer is trying to capitalize on China's booming e-commerce market.<p>A recent report by Goldman Sachs explains what kind of products are most likely to resonate with Chinese shoppers.<p>Fine jewelry is much more likely to resonate than designer shoes, according to lead researchers Joshua …

SocGen: The Housing Market Will See A Handover From Investors To Homebuyers In The Final Stage Of The Recovery

After the housing bust, investors stepped in and over time absorbed inventory that helped drive up home prices.<p>But investors have also been accused of crowding out traditional homebuyers.<p>More recently, rising mortgage rates have helped keep potential homebuyers out of the market.<p>In a new report …

Online Video In China: The Chinese Stream

LATER this month PPTV, a Chinese online-video firm, will release a new reality show called "The Goddess Office" (pictured) about four young women living together in a house, trying to create their own e-commerce company. Viewers will be able to ask the stars questions and send them money and ideas …

The 15 Most Expensive Housing Markets In America

According to Coldwell Banker's annual Home Listing Report, the five most expensive housing markets in the U.S. are all in California, and 13 California markets made it into the top 25.<p>That's thanks in part to tech companies headquartered everywhere from Cupertino to Los Gatos, and celebrities who …

The New Mobile Advertising Ecosystem Explained

Ad networks, ad exchanges, real-time bidding platforms, and many other self-styled mobile ad "solutions," seem to offer everything to everyone, including the best data, the best and most varied targeting technologies, and access to the most premium sites and apps.<p>In a <b>new report</b> from <b>BI Intelligence</b>, …

Digital Advertising

19 Reasons Why This Is An Excellent Resume

Recruiters spend an average of six seconds reviewing a resume before they make the initial decision on candidates, according to research conducted by TheLadders, an online job-matching service for professionals. That means you have to win them over fast.<p>To get a better idea of what makes a resume …