You’ve probably heard GameStop shares going through the roof recently — one MIT graduate student turned $500 into over $200,000 in a few weeks while other amateur traders paid off their student loans with the earnings from the GameStop stock rally.

In early 2021, a viral battle erupted in quite an unlikely place — the stock market. It was publicized as a conflict between retail investors on the Internet and large hedge funds. But what exactly happened? And what does it mean for the future of the financial market?

What happened?

GameStop is the world’s largest retail gaming store, but with the…


It’s probably no surprise that Ukraine is one of the best places to look for a software development company for nearshoring or outsourcing. Ukrainian software developers offer world-class service on par with cost-efficiency, that’s why they are so loved by foreign clients. (By the way, we’ve recently published an article with predictions for IT outsourcing in Ukraine for 2021.)

However, it’s not only outsourcing that Ukraine is popular for — there are quite a few software development companies that have developed their own top-tier products for both domestic and international markets. …


Blockchain has been in the public eye for over 10 years, and the technology has significantly evolved since then. While some became keen on cryptocurrencies, others were interested in blockchain development — they wanted to create their own blockchain solutions for the benefit of businesses and individuals. However, as more and more blockchains and cryptocurrencies emerged, it became clear that there is a need for their secure and smooth exchange.

Off-chain transactions became a good solution — they provided for smooth, low-cost transactions outside of the blockchain networks. Today, however, there are new ways to solve the issue — such…


The mobile app market is huge — the total number of mobile applications has reached a staggering 8.9 million in February 2020. An interesting fact, though, is that it’s not Apple or Android app stores that account for the majority of newly developed apps — it’s actually the Chinese mobile market that makes up 40% of app spending.

Mobile apps have gained exceptional popularity with young users — in fact, 21–30-year-old people have on average 67 apps on their mobile phones. …


The global VC investment market has been rapidly growing during the last decade, and the 2014–2019 period has seen strong double-digit growth. While the market growth in 2020 has been significantly impacted by the Covid-19 crisis, the prospects for the VC industry are positive. Today, we will cover some of the top trends in venture capital that will define 2021. We will talk about the VC industry as a whole as well as sectors that are likely to be the most interesting for VC investors in the coming year. Let’s dive right into it!

Fewer deals, larger rounds

2020 was the year of turbulence…


A few years ago, the idea of the sharing economy 2.0 based on blockchain captured the minds of tech people — they put their faith in an intuitive, efficient, and technological future. Cryptocurrencies such as Ethereum and Ripple were created to lay the foundation for transactions without centralized government control, with little to no fees, and much-shortened transfer time. However, things didn’t really go as planned.

Crypto World Today

Today, crypto is far from being comprehensively integrated with fiat and is in general quite limited in its usage. Surely, in 2020, we’ve seen a growing interest in Bitcoin and other decentralized cryptocurrencies as…


In our previous posts, we’ve already talked about what venture capital is as well as its pros and cons. If you are interested in getting to know the basics of VC and haven’t yet read them — you know what to do. 😉

Venture capital is becoming an increasingly popular source of additional funds for young companies — over $282 billion was invested in prominent startups in 2019. If you think that venture capital is a go-to source of external funding for you, it’s imperative to understand the types of venture capital investors. Let’s dive right into it!

Friends & Family

It may…


Written by Alex Pavlyuk, Head of Sales and Co-Founder at Idealogic

Seems like almost every software development company (of course if it cares about content marketing) has already written an article or a blog post about how to hire a development partner. While such posts may be useful for newcomers, they usually boil down to telling potential clients about the advantages of the outsourcing company that authored the post. Meanwhile, I decided to slightly reverse this self-advertisement trend and, instead of writing about Idealogic and our values, talk about what one should avoid when deciding to outsource.

You will find…


People usually think that the sales process heavily depends on three components: product, charisma, and luck. While all of them are indeed important, there is yet another crucial element — data. And it’s not only trends and client’s profile that matter in B2B sales — the most important and useful data is on a client’s position: what he has had historically, what he has now, and what are the dynamics. And for that purpose, Business Intelligence is a perfect solution.

What is Business Intelligence?

Several months ago, we talked about Business Intelligence and the competitive landscape of the industry — you can read the…


At the heart of every successful business lies a good idea, but even the most prominent one may fail if there is not enough financing for its implementation and growth. Some founders manage to “bootstrap” their businesses — they build a company from the ground up without any external input and rely only on their personal savings and revenue to operate and expand. While bootstrapping means that the entrepreneur has total control over all decision-making and nobody from the outside can dictate what to do with his company, it is usually a tough way to go. Quite often, bootstrapping means…

Idealogic

Full-cycle development company with expertise in the product design, custom software development, QA assurance, and post-release support.

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