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Automating boring tasks made these Japan startup founders rich


Feb 18, 2021
Japan’s hot startup stocks have two things in common: They do business in areas that could be described as mundane, and they’ve pushed their founders into the league of the ultrawealthy.
Take AI Inside Inc., which helps turn handwritten documents into electronic files. Or Freee K.K., a provider of cloud-based accounting. Or Rakus Co., whose goal is to help small and midsize enterprises with their bookkeeping and emailing services.
Their shares have all more than doubled in the past year, enriching their founders and leading to talk of a burgeoning tech scene that’s very different from Silicon Valley. While the companies are using technologies like artificial intelligence and cloud computing, they’re applying them in less sexy ways. ....

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How a homeless high school dropout became CEO of a $1 billion company


How a homeless high school dropout became CEO of a $1 billion company
Entrepreneur became homeless when he quit high school for band
Min Jeong Lee and Komaki Ito, Bloomberg
Dec. 18, 2020
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Taihei Kobayashi in Tokyo.Shoko Takayasu/Bloomberg
Taihei Kobayashi has gone from sleeping on the streets of Tokyo to heading a technology startup whose market value topped $1 billion.
His rags-to-riches story is among the most remarkable to emerge from a small-cap stock boom that’s minting fortunes in Japan. Kobayashi’s company, which helps startups and other firms to design and create new businesses and products, went public in July and its shares have since more than tripled. ....

Republic Of , Makoto Hirai , Mitsushige Akino , Shoko Takayasu Bloomberg , Tomoichiro Kubota , Taihei Kobayashi , Yushi Fukagawa , Tokyo Stock Exchange Mothers , Matsui Securities Co , Framgia Inc , Ichiyoshi Asset Management Co , Sun Inc , Start Company , Masayoshi Son Softbank Corp , Sun Asterisk , Tokyo Stock Exchange , Masayoshi Son , Softbank Corp , Matsui Securities , குடியரசு ஆஃப் , மெகோடோ ஹிராய் , டோக்கியோ ஸ்டாக் பரிமாற்றம் தாய்மார்கள் , மாட்சு பத்திரங்கள் இணை , சூரியன் இன்க் , தொடங்கு நிறுவனம் , சூரியன் நட்சத்திரம் ,

How a homeless high school dropout became CEO of a $1 billion company


How a homeless high school dropout became CEO of a $1 billion company
Entrepreneur became homeless when he quit high school for band
Min Jeong Lee and Komaki Ito, Bloomberg
Dec. 18, 2020
FacebookTwitterEmail
Taihei Kobayashi in Tokyo.Shoko Takayasu/Bloomberg
Taihei Kobayashi has gone from sleeping on the streets of Tokyo to heading a technology startup whose market value topped $1 billion.
His rags-to-riches story is among the most remarkable to emerge from a small-cap stock boom that’s minting fortunes in Japan. Kobayashi’s company, which helps startups and other firms to design and create new businesses and products, went public in July and its shares have since more than tripled. ....

Republic Of , Makoto Hirai , Mitsushige Akino , Tomoichiro Kubota , Taihei Kobayashi , Yushi Fukagawa , Tokyo Stock Exchange Mothers , Matsui Securities Co , Framgia Inc , Ichiyoshi Asset Management Co , Sun Inc , Start Company , Masayoshi Son Softbank Corp , Sun Asterisk , Tokyo Stock Exchange , Masayoshi Son , Softbank Corp , Matsui Securities , குடியரசு ஆஃப் , மெகோடோ ஹிராய் , டோக்கியோ ஸ்டாக் பரிமாற்றம் தாய்மார்கள் , மாட்சு பத்திரங்கள் இணை , சூரியன் இன்க் , தொடங்கு நிறுவனம் , சூரியன் நட்சத்திரம் , டோக்கியோ ஸ்டாக் பரிமாற்றம் ,

Shares of $230 Japanese toaster maker double in Tokyo IPO


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Boutique Japanese appliance maker Balmuda set out to make the perfect slice of toast, using the right combination of temperature, moisture and cooking time. Now, it looks like the company will have to bring as much care and attention to its stock price.
The company behind the $230 toaster, which is now being sold outside of Japan and South Korea, saw its shares double on their first day of trading on Wednesday. The stock was set to rise by its limit Thursday, potentially giving Balmuda a market value of 35.2 billion yen ($340 million). It’s a heady debut for founder Gen Terao, a high-school dropout who owns three-quarters of the company. ....

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