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123-547: The DigiKala Group ( Persian : دیجی‌کالا , romanized :  Dijikalâ , lit.   'digi(tal) goods') is an Iranian e-commerce company based in Tehran , founded in July 2006 by Hamid Mohammadi and Saeid Mohammadi. The e-commerce platform digikala.com offers a wide range of consumer products , which includes sports and entertainment goods , electronics , groceries , personal products , and digital products with

246-706: A Western Iranian language belonging to the Iranian branch of the Indo-Iranian subdivision of the Indo-European languages . Persian is a pluricentric language predominantly spoken and used officially within Iran , Afghanistan , and Tajikistan in three mutually intelligible standard varieties , respectively Iranian Persian (officially known as Persian ), Dari Persian (officially known as Dari since 1964), and Tajiki Persian (officially known as Tajik since 1999). It

369-590: A Dari dialect. In the 19th century, under the Qajar dynasty , the dialect that is spoken in Tehran rose to prominence. There was still substantial Arabic vocabulary, but many of these words have been integrated into Persian phonology and grammar. In addition, under the Qajar rule, numerous Russian , French , and English terms entered the Persian language, especially vocabulary related to technology. The first official attentions to

492-513: A Digikala group member since late 2019. In 2021, DigiKala launched Pindo, a platform for registering Consumer to Consumer advertisements . Smartech offers marketing technology services and was added to the Digikala group in 2019. DigiExpress provides online Logistics Services and was founded in 2019. Launched in 2021, DigiKala Jet is a personalized online grocery shop in major cities like Tehran , Karaj , Mashhad , and Shiraz . In 2024,

615-664: A Stanford's research park became a veritable startup avalanche... Thus, over the course of just 20 years, a mere eight of Shockley's former employees gave forth 65 new enterprises, which then went on to do the same... Startup advocates are also trying to build a community of tech startups in New York City with organizations like NY Tech Meet Up and Built in NYC. In the early 2000s, the patent assets of failed startup companies were being purchased by people known as patent trolls , who assert those patents against companies that might be infringing

738-507: A balanced "risk/reward" profile (in which high risk due to the untested, disruptive innovations is balanced out by high potential returns) and "scalability" (the likelihood that a startup can expand its operations by serving more markets or more customers). Attractive startups generally have lower " bootstrapping " (self-funding of startups by the founders) costs, higher risk, and higher potential return on investment . Successful startups are typically more scalable than an established business, in

861-423: A business partner) in a market with a dominant design (a clear standard is applied in this market). In contrast to this, profile is the originator which has a management style that is highly entrepreneurial and in which a radical invention or a disruptive innovation (totally new standard) is being developed. This profile is set out to be more successful (in finding a business partner) in a market that does not have

984-465: A coherent set of normative ideas and propositions to design and construct the company's backbone. For example, one of the initial design principles is affordable loss. Because of the lack of information, high uncertainty, and the need to make decisions quickly, founders usually use many heuristics and exhibit biases in their leadership decisions. Entrepreneurs often become overconfident about their startups and their influence on an outcome (case of

1107-424: A company's value is based on its technology, it is often equally important for the business owners to obtain intellectual property protection for their idea. The newsmagazine The Economist estimated that up to 75% of the value of US public companies is now based on their intellectual property (up from 40% in 1980). Often, 100% of a small startup company's value is based on its intellectual property. As such, it

1230-418: A dictionary called Words of Scientific Association ( لغت انجمن علمی ), which was completed in the future and renamed Katouzian Dictionary ( فرهنگ کاتوزیان ). The first academy for the Persian language was founded on 20 May 1935, under the name Academy of Iran . It was established by the initiative of Reza Shah Pahlavi , and mainly by Hekmat e Shirazi and Mohammad Ali Foroughi , all prominent names in

1353-441: A dominant design (established standard). New startups should align themselves to one of the profiles when commercializing an invention to be able to find and be attractive to a business partner. By finding a business partner, a startup has greater chances of success. Startups usually need many different partners to realize their business idea. The commercialization process is often a bumpy road with iterations and new insights during

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1476-456: A dysfunctional founding team, a poor business plan, or just a flawed product-market fit as examples of the primary sources of failure. The lack of human and financial resources or even dedicated patent attorneys in the early stages of a startup makes it difficult to compete with larger companies, and likewise increases the time and reduces the probability of patent applications. Failed entrepreneurs, or restarters, who after some time restart in

1599-772: A form of online investing that has been legalized in several nations, startups did not advertise themselves to the general public as investment opportunities until and unless they first obtained approval from regulators for an initial public offering (IPO) that typically involved a listing of the startup's securities on a stock exchange . Today, there are many alternative forms of IPO commonly employed by startups and startup promoters that do not include an exchange listing, so they may avoid certain regulatory compliance obligations, including mandatory periodic disclosures of financial information and factual discussion of business conditions by management that investors and potential investors routinely receive from registered public companies. Over

1722-489: A huge speed before running out of resources. Proactive actions (experimentation, searching, etc.) enhance a founder's learning to start a company. To learn effectively, founders often formulate falsifiable hypotheses , build a minimum viable product (MVP), and conduct A/B testing . With the key learnings from market validation, design thinking, and lean startup, founders can design a business model. However it's important not to dive into business models too early before there

1845-513: A lack of financing or investor interest. These common mistakes and missteps that happen early in the startup journey can result in failure, but there are precautions entrepreneurs can take to help mitigate risk. For example, startup studios offer a buffer against many of the obstacles that solo entrepreneurs face, such as funding and insufficient team structure, making them a good resource for startups in their earliest phases. Another large study of 160.000 failed companies, identified key factors such as

1968-500: A language name is first attested in English in the mid-16th century. Farsi , which is the Persian word for the Persian language, has also been used widely in English in recent decades, more often to refer to Iran's standard Persian. However, the name Persian is still more widely used. The Academy of Persian Language and Literature has maintained that the endonym Farsi is to be avoided in foreign languages, and that Persian

2091-417: A literary language considerably different from the spoken Persian of the time. This became the basis of what is now known as "Contemporary Standard Persian". There are three standard varieties of modern Persian: All these three varieties are based on the classic Persian literature and its literary tradition. There are also several local dialects from Iran, Afghanistan and Tajikistan which slightly differ from

2214-524: A long period of time; hence, sustaining effort is required. Over the long term, sustaining effort is especially challenging because of the high failure rates and uncertain outcomes. Having a business plan in place outlines what to do and how to plan and achieve an idea in the future. Typically, these plans outline the first three to five years of your business strategy. Models behind startups presenting as ventures are usually associated with design science . Design science uses design principles considered to be

2337-403: A lower cost. It is based on the idea that entrepreneurs can make their implicit assumptions about how their venture works explicit and empirically testing it. The empirical test is to de/validate these assumptions and to get an engaged understanding of the business model of the new ventures, and in doing so, the new ventures are created iteratively in a build–measure–learn loop. Hence, lean startup

2460-463: A number of ways, including surveys, cold calling, email responses, word of mouth or through sample research. Design thinking is used to understand the customers' need in an engaged manner. Design thinking and customer development can be biased because they do not remove the risk of bias because the same biases manifest in the sources of information, the type of information sought, and the interpretation of that information. Encouraging people to consider

2583-430: A percentage of monthly revenue. Venture capital firms and angel investors may help startup companies begin operations, exchanging seed money for an equity stake in the firm. Venture capitalists and angel investors provide financing to a range of startups (a portfolio), with the expectation that a very small number of the startups will become viable and make money. In practice though, many startups are initially funded by

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2706-529: A period of several centuries, Ottoman Turkish (which was highly Persianised itself) had developed toward a fully accepted language of literature, and which was even able to lexically satisfy the demands of a scientific presentation. However, the number of Persian and Arabic loanwords contained in those works increased at times up to 88%. In the Ottoman Empire, Persian was used at the royal court, for diplomacy, poetry, historiographical works, literary works, and

2829-434: A powerful team: the product person (e.g. an engineer), a marketing person (for market research , customer interaction, vision) and a finance or operation's person (to handle operations or raise funds). The founder that is responsible for the overall strategy of the startup plays the role of founder-CEOs, much like CEOs in established firms. Startup studios provide an opportunity for founders and team members to grow along with

2952-486: A rate of 200% a year, and that it is receiving orders from even the most remote villages in Iran. Iran's economic volatility forced DigiKala to lay off 175 workers in 2018. To survive, the platform adopted several initiatives such as a pay-per-sale strategy which allow users to receive a commission if a directed customer purchases a product. In March 2019, DigiKala also addressed the issue of author authenticity of products in

3075-519: A return option and express delivery service. The group also has subsidiaries involved in other areas of ecommerce. DigiKala was founded in 2006 by the brothers Hamid and Saeid Mohammadi, prompted by an unpleasant experience they had trying to buy a digital camera . The pair used $ 10,000 of their own savings to start the company. The company's valuation was $ 150 million in 2014 and $ 500 million in late 2015. As of 2021, more than 4 million products have been offered for sale by nearly 160,000 sellers. In 2021,

3198-785: A sample of 101 unsuccessful startups, companies reported that experiencing one or more of five common factors were the reason for failure; the lack of consumer interest in the product or service (42% of failures), funding or cash problems (29%), personnel or staffing problems (23%), competition from rival companies (19%) and problems with pricing of the product or service (18%). In cases of funding problems, it can leave employees without paychecks. Sometimes, these companies are purchased by other companies if they are deemed to be viable, but oftentimes, they leave employees with very little recourse to recoup lost income for worked time. More than one-third of founders believe that running out of money led to failure. Second to that, founders attribute their failure to

3321-476: A speaker of Persian. Persian is a member of the Western Iranian group of the Iranian languages , which make up a branch of the Indo-European languages in their Indo-Iranian subdivision . The Western Iranian languages themselves are divided into two subgroups: Southwestern Iranian languages, of which Persian is the most widely spoken, and Northwestern Iranian languages, of which Kurdish and Balochi are

3444-471: A startup, there are different types of stages in which the investor can participate. The first round is called seed round . The seed round generally is when the startup is still in the very early phase of execution when their product is still in the prototype phase. There is likely no performance data or positive financials as of yet. Therefore, investors rely on strength of the idea and the team in place. At this level, family friends and angel investors will be

3567-452: A wider range of products. The DigiKala Group is active in logistics , e-commerce, content, fintech , martech, and innovative fields. Digikala owns more than 10 subsidiaries , including Fidibo, Digistyle, Digipay, Pindo and Komoda. Fidibo is a Persian e-book store that has been operating since March 2014. Digikala bought an interest in the company in 2016 and became its main owner in 2017. Digistyle, an online fashion and clothing store,

3690-644: Is a continuation of Middle Persian , an official language of the Sasanian Empire (224–651 CE), itself a continuation of Old Persian , which was used in the Achaemenid Empire (550–330 BCE). It originated in the region of Fars ( Persia ) in southwestern Iran. Its grammar is similar to that of many European languages. Throughout history, Persian was considered prestigious by various empires centered in West Asia , Central Asia , and South Asia . Old Persian

3813-610: Is a direct descendant of Middle and Old Persian. Gernot Windfuhr considers new Persian as an evolution of the Old Persian language and the Middle Persian language but also states that none of the known Middle Persian dialects is the direct predecessor of Modern Persian. Ludwig Paul states: "The language of the Shahnameh should be seen as one instance of continuous historical development from Middle to New Persian." The known history of

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3936-472: Is a set of principles for entrepreneurial learning and business model design. More precisely, it is a set of design principles aimed for iteratively experiential learning under uncertainty in an engaged empirical manner. Typically, a lean startup focuses on a few lean principles: A key principle of startup is to validate the market need before providing a customer-centric product or service to avoid business ideas with weak demand. Market validation can be done in

4059-765: Is also spoken natively in the Tajik variety by a significant population within Uzbekistan , as well as within other regions with a Persianate history in the cultural sphere of Greater Iran . It is written officially within Iran and Afghanistan in the Persian alphabet , a derivative of the Arabic script , and within Tajikistan in the Tajik alphabet , a derivative of the Cyrillic script . Modern Persian

4182-654: Is attested in Old Persian cuneiform on inscriptions from between the 6th and 4th century BC. Middle Persian is attested in Aramaic -derived scripts ( Pahlavi and Manichaean ) on inscriptions and in Zoroastrian and Manichaean scriptures from between the third to the tenth centuries (see Middle Persian literature ). New Persian literature was first recorded in the ninth century, after the Muslim conquest of Persia , since then adopting

4305-724: Is considered to be a "strong" startup ecosystem. One of the most famous startup ecosystems is Silicon Valley in California, where major computer and internet firms and top universities such as Stanford University create a stimulating startup environment. Boston (where Massachusetts Institute of Technology is located) and Berlin , home of WISTA (a top research area), also have numerous creative industries , leading entrepreneurs and startup firms. Basically, attempts are being made worldwide, for example in Israel with its Silicon Wadi , in France with

4428-425: Is conventionally divided into three stages: Early New Persian remains largely intelligible to speakers of Contemporary Persian, as the morphology and, to a lesser extent, the lexicon of the language have remained relatively stable. New Persian texts written in the Arabic script first appear in the 9th-century. The language is a direct descendant of Middle Persian, the official, religious, and literary language of

4551-478: Is effective in increasing the entrepreneurial attitudes and perceived behavioral control, helping people and their businesses grow. Most of startup training falls into the mode of experiential learning, in which students are exposed to a large extent to a real-life entrepreneurship context as new venture teams. An example of group-based experiential startup training is the Lean LaunchPad initiative that applies

4674-416: Is important for technology-oriented startup companies to develop a sound strategy for protecting their intellectual capital as early as possible. Startup companies, particularly those associated with new technology, sometimes produce huge returns to their creators and investors—a recent example of such is Google, whose creators became billionaires through their stock ownership and options. When investing in

4797-455: Is not actually attested until 600 years later when it appears in the Sassanid era (224–651 AD) inscriptions, so any form of the language before this date cannot be described with any degree of certainty. Moreover, as a literary language, Middle Persian is not attested until much later, in the 6th or 7th century. From the 8th century onward, Middle Persian gradually began yielding to New Persian, with

4920-468: Is one of Afghanistan's two official languages, together with Pashto . The term Dari , meaning "of the court", originally referred to the variety of Persian used in the court of the Sasanian Empire in capital Ctesiphon , which was spread to the northeast of the empire and gradually replaced the former Iranian dialects of Parthia ( Parthian ). Tajik Persian ( форси́и тоҷикӣ́ , forsi-i tojikī ),

5043-570: Is one of the earliest attested Indo-European languages. According to certain historical assumptions about the early history and origin of ancient Persians in Southwestern Iran (where Achaemenids hailed from), Old Persian was originally spoken by a tribe called Parsuwash , who arrived in the Iranian Plateau early in the 1st millennium BCE and finally migrated down into the area of present-day Fārs province. Their language, Old Persian, became

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5166-429: Is sufficient learning on market validation. Paul Graham said: "What I tell founders is not to sweat the business model too much at first. The most important task at first is to build something people want. If you don't do that, it won't matter how clever your business model is." Founders or co-founders are people involved in the initial launch of startup companies. Three people are mainly required as co-founders to create

5289-486: Is the appropriate designation of the language in English, as it has the longer tradition in western languages and better expresses the role of the language as a mark of cultural and national continuity. Iranian historian and linguist Ehsan Yarshater , founder of the Encyclopædia Iranica and Columbia University 's Center for Iranian Studies, mentions the same concern in an academic journal on Iranology , rejecting

5412-486: The Encyclopædia Iranica notes that the Iranian, Afghan, and Tajiki varieties comprise distinct branches of the Persian language, and within each branch a wide variety of local dialects exist. The following are some languages closely related to Persian, or in some cases are considered dialects: More distantly related branches of the Iranian language family include Kurdish and Balochi . The Glottolog database proposes

5535-502: The Kalila wa Dimna . The language spread geographically from the 11th century on and was the medium through which, among others, Central Asian Turks became familiar with Islam and urban culture. New Persian was widely used as a trans-regional lingua franca , a task aided due to its relatively simple morphology, and this situation persisted until at least the 19th century. In the late Middle Ages, new Islamic literary languages were created on

5658-651: The British colonization , Persian was widely used as a second language in the Indian subcontinent . It took prominence as the language of culture and education in several Muslim courts on the subcontinent and became the sole "official language" under the Mughal emperors . The Bengal Sultanate witnessed an influx of Persian scholars, lawyers, teachers, and clerics. Thousands of Persian books and manuscripts were published in Bengal. The period of

5781-746: The Great Depression , which was blamed in part on a rise in speculative investments in unregulated small companies, startup investing was primarily a word of mouth activity reserved for the friends and family of a startup's co-founders, business angels, and Venture Capital funds. In the United States, this has been the case ever since the implementation of the Securities Act of 1933 . Many nations implemented similar legislation to prohibit general solicitation and general advertising of unregistered securities, including shares offered by startup companies. In 2005,

5904-682: The Inovallée or in Italy in Trieste with the AREA Science Park , to network basic research, universities and technology parks in order to create a startup-friendly ecosystem. Although there are startups created in all types of businesses, and all over the world, some locations and business sectors are particularly associated with startup companies. The internet bubble of the late 1990s was associated with huge numbers of internet startup companies, some selling

6027-655: The Sultanate of Rum , Turkmen beyliks of Anatolia , Delhi Sultanate , the Shirvanshahs , Safavids , Afsharids , Zands , Qajars , Khanate of Bukhara , Khanate of Kokand , Emirate of Bukhara , Khanate of Khiva , Ottomans , and also many Mughal successors such as the Nizam of Hyderabad . Persian was the only non-European language known and used by Marco Polo at the Court of Kublai Khan and in his journeys through China. A branch of

6150-688: The Turkic , Armenian , Georgian , & Indo-Aryan languages . It also exerted some influence on Arabic, while borrowing a lot of vocabulary from it in the Middle Ages. Some of the world's most famous pieces of literature from the Middle Ages, such as the Shahnameh by Ferdowsi , the works of Rumi , the Rubáiyát of Omar Khayyám , the Panj Ganj of Nizami Ganjavi , The Divān of Hafez , The Conference of

6273-483: The ezāfe construction, expressed through ī (modern e/ye ), to indicate some of the relations between words that have been lost with the simplification of the earlier grammatical system. Although the "middle period" of the Iranian languages formally begins with the fall of the Achaemenid Empire, the transition from Old to Middle Persian had probably already begun before the 4th century BC. However, Middle Persian

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6396-496: The self-efficacy of nascent entrepreneurs. Mentoring offers direction for entrepreneurs to enhance their knowledge of how to sustain their assets relating to their status and identity and strengthen their real-time skills. There are many principles in creating a startup. Some of the principles needed are listed below: Lean startup is a clear set of principles to create and design startups under limited resources and tremendous uncertainty to build their ventures more flexibly and at

6519-585: The " Persianized " Turko-Mongol dynasties during the 12th to 15th centuries, and under restored Persian rule during the 16th to 19th centuries. Persian during this time served as lingua franca of Greater Persia and of much of the Indian subcontinent . It was also the official and cultural language of many Islamic dynasties, including the Samanids, Buyids , Tahirids , Ziyarids , the Mughal Empire , Timurids , Ghaznavids , Karakhanids , Seljuqs , Khwarazmians ,

6642-462: The 2010s wore hoodies , sneakers and other casual clothes to business meetings. Their offices may have recreational facilities in them, such as pool tables, ping pong tables, football tables and pinball machines , which are used to create a fun work environment, stimulate team development and team spirit, and encourage creativity. Some of the casual approaches, such as the use of "flat" organizational structures, in which regular employees can talk with

6765-672: The Birds by Attar of Nishapur , and the miscellanea of Gulistan and Bustan by Saadi Shirazi , are written in Persian. Some of the prominent modern Persian poets were Nima Yooshij , Ahmad Shamlou , Simin Behbahani , Sohrab Sepehri , Rahi Mo'ayyeri , Mehdi Akhavan-Sales , and Forugh Farrokhzad . There are approximately 130 million Persian speakers worldwide, including Persians , Lurs , Tajiks , Hazaras , Iranian Azeris , Iranian Kurds , Balochs , Tats , Afghan Pashtuns , and Aimaqs . The term Persophone might also be used to refer to

6888-508: The Internet. Startups can receive funding via more involved stakeholders, such as startup studios. Startup studios provide funding to support the business through a successful launch, but they also provide extensive operational support, such as HR, finance and accounting, marketing, and product development, to increase the probability of success and propel growth. Startup are funded through preset rounds, depending on their funding requirement and

7011-558: The Middle Ages, and is because of the lack of the phoneme /p/ in Standard Arabic. The standard Persian of Iran has been called, apart from Persian and Farsi , by names such as Iranian Persian and Western Persian , exclusively. Officially, the official language of Iran is designated simply as Persian ( فارسی , fārsi ). The standard Persian of Afghanistan has been officially named Dari ( دری , dari ) since 1958. Also referred to as Afghan Persian in English, it

7134-532: The Ottoman Empire all spoke Persian, such as Sultan Selim I , despite being Safavid Iran's archrival and a staunch opposer of Shia Islam . It was a major literary language in the empire. Some of the noted earlier Persian works during the Ottoman rule are Idris Bidlisi 's Hasht Bihisht , which began in 1502 and covered the reign of the first eight Ottoman rulers, and the Salim-Namah , a glorification of Selim I. After

7257-521: The Persian language can be divided into the following three distinct periods: As a written language , Old Persian is attested in royal Achaemenid inscriptions. The oldest known text written in Old Persian is from the Behistun Inscription , dating to the time of King Darius I (reigned 522–486 BC). Examples of Old Persian have been found in what is now Iran , Romania ( Gherla ), Armenia , Bahrain , Iraq , Turkey, and Egypt . Old Persian

7380-425: The Persian language, a language historically called Dari, emerged in present-day Afghanistan. The first significant Persian poet was Rudaki . He flourished in the 10th century, when the Samanids were at the height of their power. His reputation as a court poet and as an accomplished musician and singer has survived, although little of his poetry has been preserved. Among his lost works are versified fables collected in

7503-401: The Persian model: Ottoman Turkish , Chagatai Turkic , Dobhashi Bengali , and Urdu, which are regarded as "structural daughter languages" of Persian. "Classical Persian" loosely refers to the standardized language of medieval Persia used in literature and poetry . This is the language of the 10th to 12th centuries, which continued to be used as literary language and lingua franca under

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7626-848: The Perso-Arabic script. Persian was the first language to break through the monopoly of Arabic on writing in the Muslim world , with Persian poetry becoming a tradition in many eastern courts. It was used officially as a language of bureaucracy even by non-native speakers, such as the Ottomans in Anatolia , the Mughals in South Asia, and the Pashtuns in Afghanistan. It influenced languages spoken in neighboring regions and beyond, including other Iranian languages,

7749-479: The Sasanian Empire (224–651). However, it is not descended from the literary form of Middle Persian (known as pārsīk , commonly called Pahlavi), which was spoken by the people of Fars and used in Zoroastrian religious writings. Instead, it is descended from the dialect spoken by the court of the Sasanian capital Ctesiphon and the northeastern Iranian region of Khorasan , known as Dari. The region, which comprised

7872-575: The Sassanids (who were Persians, i.e. from the southwest) from the preceding Arsacids (who were Parthians, i.e. from the northeast). While Ibn al-Muqaffa' (eighth century) still distinguished between Pahlavi (i.e. Parthian) and Persian (in Arabic text: al-Farisiyah) (i.e. Middle Persian), this distinction is not evident in Arab commentaries written after that date. "New Persian" (also referred to as Modern Persian)

7995-457: The Seljuks, the Sultanate of Rum , took Persian language, art, and letters to Anatolia. They adopted the Persian language as the official language of the empire. The Ottomans , who can roughly be seen as their eventual successors, inherited this tradition. Persian was the official court language of the empire, and for some time, the official language of the empire. The educated and noble class of

8118-493: The area of Lake Urmia in the records of Shalmaneser III . The exact identity of the Parsuwash is not known for certain, but from a linguistic viewpoint the word matches Old Persian pārsa itself coming directly from the older word * pārćwa . Also, as Old Persian contains many words from another extinct Iranian language, Median , according to P. O. Skjærvø it is probable that Old Persian had already been spoken before

8241-400: The attorney general of Iran threatened legal action for selling coffee mugs and shoes decorated with the name of Fatima , daughter of Muhammad and wife of the first Shiite imam Ali . Persian language Russia Persian ( / ˈ p ɜːr ʒ ən , - ʃ ən / PUR -zhən, -⁠shən ), also known by its endonym Farsi ( فارسی , Fārsī [fɒːɾˈsiː] ), is

8364-467: The business or enterprise of an issuer; However, not every promoter is a co-founder. In fact, there is no formal, legal definition of what makes somebody a co-founder. The right to call oneself a co-founder can be established through an agreement with one's fellow co-founders or with permission of the board of directors, investors, or shareholders of a startup company. When there is no definitive agreement (like shareholders' agreement ), disputes about who

8487-537: The business they help to build. In order to create forward momentum, founders must ensure that they provide opportunities for their team members to grow and evolve within the company. The language of securities regulation in the United States considers co-founders to be promoters under Regulation D . The U.S. Securities and Exchange Commission definition of promoter includes: (i) Any person who, acting alone or in conjunction with one or more other persons, directly or indirectly takes initiative in founding and organizing

8610-422: The casual dress and playful office environment fool you. New enterprises operate under do-or-die conditions. If you do not roll out a useable product or service in a timely fashion, the company will fail. Bye-bye paycheck, hello eviction. Iman Jalali, chief of staff at ContextMedia Entrepreneurs often feel stressed. They have internal and external pressures. Internally, they need to meet deadlines to develop

8733-521: The co-founders are, can arise. Self-efficacy refers to the confidence an individual has to create a new business or startup. It has a strong relation with startup actions. Entrepreneurs' sense of self-efficacy can play a major role in how they approach goals, tasks, and challenges. Entrepreneurs with high self-efficacy—that is, those who believe they can perform well—are more likely to view difficult tasks as something to be mastered rather than something to be avoided. Startups are pressure cookers. Don't let

8856-457: The code fas for the dialects spoken across Iran and Afghanistan. This consists of the individual languages Dari ( prs ) and Iranian Persian ( pes ). It uses tgk for Tajik, separately. In general, the Iranian languages are known from three periods: namely Old, Middle, and New (Modern). These correspond to three historical eras of Iranian history ; Old era being sometime around the Achaemenid Empire (i.e., 400–300 BC), Middle era being

8979-512: The collapse of the Sassanid state, Parsik came to be applied exclusively to (either Middle or New) Persian that was written in the Arabic script . From about the 9th century onward, as Middle Persian was on the threshold of becoming New Persian, the older form of the language came to be erroneously called Pahlavi , which was actually but one of the writing systems used to render both Middle Persian as well as various other Middle Iranian languages. That writing system had previously been adopted by

9102-499: The company's namesake and founder, Nobel laureate and co-inventor of the transistor William Shockley ... (His employees) formed Fairchild Semiconductor immediately following their departure... After several years, Fairchild gained its footing, becoming a formidable presence in this sector. Its founders began leaving to start companies based on their own latest ideas and were followed on this path by their own former leading employees... The process gained momentum and what had once begun in

9225-402: The courses and encourage them to make them into real startups should they wish to do so. Such mock-up startups, however, may not be enough to accurately simulate real-world startup practice if the challenges typically faced by startups (e.g. lack of funding to keep operating) are not present in the course setting. To date, much of the entrepreneurship training is yet to be personalized to match

9348-632: The extent of its influence on certain languages of the Indian subcontinent. Words borrowed from Persian are still quite commonly used in certain Indo-Aryan languages, especially Hindi - Urdu (also historically known as Hindustani ), Punjabi , Kashmiri , and Sindhi . There is also a small population of Zoroastrian Iranis in India, who migrated in the 19th century to escape religious execution in Qajar Iran and speak

9471-412: The following phylogenetic classification: Startup company Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will do the market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype , to develop and validate their business models. The startup process can take

9594-562: The formation of many modern languages in West Asia, Europe, Central Asia , and South Asia . Following the Turko-Persian Ghaznavid conquest of South Asia , Persian was firstly introduced in the region by Turkic Central Asians. The basis in general for the introduction of Persian language into the subcontinent was set, from its earliest days, by various Persianized Central Asian Turkic and Afghan dynasties. For five centuries prior to

9717-471: The formation of the Achaemenid Empire and was spoken during most of the first half of the first millennium BCE. Xenophon , a Greek general serving in some of the Persian expeditions, describes many aspects of Armenian village life and hospitality in around 401 BCE, which is when Old Persian was still spoken and extensively used. He relates that the Armenian people spoke a language that to his ear sounded like

9840-591: The founders and chief executive officers informally, are done to promote efficiency in the workplace, which is needed to get their business off the ground. In a 1960 study, Douglas McGregor stressed that punishments and rewards for uniformity in the workplace are not necessary because some people are born with the motivation to work without incentives. Some startups do not use a strict command and control hierarchical structure, with executives, managers, supervisors and employees. Some startups offer employees incentives such as stock options , to increase their "buy in" from

9963-491: The founders may close or exit the startups. Sustaining effort is required as the startup process can take a long period of time, by one estimate, three years or longer. Sustaining effort over the long term is especially challenging because of the high failure rates and uncertain outcomes. Some startup founders have a more casual or offbeat attitude in their dress, office space and marketing , as compared to executives in established corporations. For example, startup founders in

10086-452: The founders themselves using "bootstrapping", in which loans or monetary gifts from friends and family are combined with savings and credit card debt to finance the venture. Factoring is another option, though it is not unique to startups. Other funding opportunities include various forms of crowdfunding , for example equity crowdfunding, in which the startup seeks funding from a large number of individuals, typically by pitching their idea on

10209-492: The illusion of control ). Below are some of the most critical decision biases of entrepreneurs to start up a new business. Startups use several action principles to generate evidence as quickly as possible to reduce the downside effect of decision biases such as an escalation of commitment, overconfidence, and the illusion of control. Many entrepreneurs seek feedback from mentors in creating their startups. Mentors guide founders and impart entrepreneurial skills and may increase

10332-461: The language of the Persians. Related to Old Persian, but from a different branch of the Iranian language family, was Avestan , the language of the Zoroastrian liturgical texts. The complex grammatical conjugation and declension of Old Persian yielded to the structure of Middle Persian in which the dual number disappeared, leaving only singular and plural, as did gender. Middle Persian developed

10455-519: The last decade, Europe has developed a rapid start-up scene that has given birth to global players, including more than 70 unicorns, and has created more than two million jobs. Investment in European start-ups increased sixfold between 2010 and 2020, reaching approximately €40 billion. Europe does a poorer job of nurturing young companies because of a failure to support their development into industry leaders. Promising European start-ups then struggle to raise

10578-451: The long run. Venture capital is the money of invention that is invested into young businesses which hold no historic background. Usually, the business of venture capital is highly risky but one can at the same time expect high returns as well. In the United States, the solicitation of funds became easier for startups as result of the JOBS Act . Prior to the advent of equity crowdfunding ,

10701-434: The market situation. In their 2013 study, Kask and Linton develop two ideal profiles, or also known as configurations or archetypes, for startups that are commercializing inventions. The inheritor profile calls for a management style that is not too entrepreneurial (more conservative) and the startup should have an incremental invention (building on a previous standard). This profile is set out to be more successful (in finding

10824-432: The middle-period form only continuing in the texts of Zoroastrianism . Middle Persian is considered to be a later form of the same dialect as Old Persian. The native name of Middle Persian was Parsig or Parsik , after the name of the ethnic group of the southwest, that is, "of Pars ", Old Persian Parsa , New Persian Fars . This is the origin of the name Farsi as it is today used to signify New Persian. Following

10947-525: The most widely spoken. The term Persian is an English derivation of Latin Persiānus , the adjectival form of Persia , itself deriving from Greek Persís ( Περσίς ), a Hellenized form of Old Persian Pārsa ( 𐎱𐎠𐎼𐎿 ), which means " Persia " (a region in southwestern Iran, corresponding to modern-day Fars ). According to the Oxford English Dictionary , the term Persian as

11070-461: The nationalist movement of the time. The academy was a key institution in the struggle to re-build Iran as a nation-state after the collapse of the Qajar dynasty. During the 1930s and 1940s, the academy led massive campaigns to replace the many Arabic , Russian , French , and Greek loanwords whose widespread use in Persian during the centuries preceding the foundation of the Pahlavi dynasty had created

11193-507: The necessary capital to expand and mature. They are forced to either relocate to the US's deep capital markets or sell themselves to larger rivals with more financial availability. As a result, start-ups in the United States can typically raise far more money—up to five times as much as in Europe. Investors are generally most attracted to those new companies distinguished by their strong co-founding team,

11316-495: The necessity of protecting the Persian language against foreign words, and to the standardization of Persian orthography , were under the reign of Naser ed Din Shah of the Qajar dynasty in 1871. After Naser ed Din Shah, Mozaffar ed Din Shah ordered the establishment of the first Persian association in 1903. This association officially declared that it used Persian and Arabic as acceptable sources for coining words. The ultimate goal

11439-414: The next period most officially around the Sasanian Empire , and New era being the period afterward down to present day. According to available documents, the Persian language is "the only Iranian language" for which close philological relationships between all of its three stages are established and so that Old, Middle, and New Persian represent one and the same language of Persian; that is, New Persian

11562-713: The northern part of Greece). Vardar Yenicesi differed from other localities in the Balkans insofar as that it was a town where Persian was also widely spoken. However, the Persian of Vardar Yenicesi and throughout the rest of the Ottoman-held Balkans was different from formal Persian both in accent and vocabulary. The difference was apparent to such a degree that the Ottomans referred to it as "Rumelian Persian" ( Rumili Farsisi ). As learned people such as students, scholars and literati often frequented Vardar Yenicesi, it soon became

11685-529: The official language of the Achaemenid kings. Assyrian records, which in fact appear to provide the earliest evidence for ancient Iranian (Persian and Median) presence on the Iranian Plateau, give a good chronology but only an approximate geographical indication of what seem to be ancient Persians. In these records of the 9th century BCE, Parsuwash (along with Matai , presumably Medians) are first mentioned in

11808-840: The ones participating. At this stage the level of risk and payoff are at their greatest. The next round is called Series A . At this point the company already has traction and may be making revenue. In Series A rounds venture capital firms will be participating alongside angels or super angel investors. The next rounds are Series B , C, and D. These three rounds are the ones leading towards the Initial Public Offering ( IPO ). Venture capital firms and private equity firms will be participating. Series B: Companies are generating consistent revenue but must scale to meet growing demand. Series C & D: Companies with strong financial performance looking to expand to new markets, develop new products, make an acquisition, and/or preparing for IPO. After

11931-1024: The opposite of whatever decision they are about to make tends to reduce biases such as overconfidence, the hindsight bias , and anchoring. In startups, many decisions are made under uncertainty, and hence a key principle for startups is to be agile and flexible. Founders can embed options to design startups in flexible manners, so that the startups can change easily in future. Uncertainty can vary within-person (I feel more uncertain this year than last year) and between-person (he feels more uncertain than she does). A study found that when entrepreneurs feel more uncertain, they identify more opportunities (within-person difference), but entrepreneurs who perceive more uncertainties than others do not identify more opportunities than others do (no between-person difference). Startups may form partnerships with other firms to enable their business model to operate. To become attractive to other businesses, startups need to align their internal features, such as management style and products with

12054-761: The participants and the training. The size and maturity of the startup ecosystem is where a startup is launched and where it grows to have an effect on the volume and success of the startups. The startup ecosystem consists of the individuals (entrepreneurs, venture capitalists, angel investors , mentors, advisors); institutions and organizations (top research universities and institutes, business schools and entrepreneurship programs and centres operated by universities and colleges, non-profit entrepreneurship support organizations, government entrepreneurship programs and services, Chambers of commerce ) business incubators and business accelerators and top-performing entrepreneurial firms and startups. A region with all of these elements

12177-516: The platform after receiving complaints over the quality of goods being sold. In a statement, the company claimed that only 0.2% of the 2 million products sold were unoriginal and that the company has taken steps to implement stringent quality control . DigiKala started with Hamid and Saeed Mohammadi's initial personal investment. Vanak Plaza 31, In 23 July 2023 its office was shut down by law enforcement command for lack of hijab by its businesswomen. The ownership structure of Digikala e-commerce group

12300-506: The platform had 30 million visitors per month and 17.2 million visits per day. In May 2022 it was ranked as Iran's 2nd most visited website. DigiKala has benefited from the Iran's increasing digitization . By 2017, 62% of Iran's households were connected to the Internet and this development has driven demand for Internet services that mirror Western digital platforms. The company does not publicize its revenue , but has said sales are growing at

12423-628: The present territories of northwestern Afghanistan as well as parts of Central Asia, played a leading role in the rise of New Persian. Khorasan, which was the homeland of the Parthians, was Persianized under the Sasanians. Dari Persian thus supplanted Parthian language , which by the end of the Sasanian era had fallen out of use. New Persian has incorporated many foreign words, including from eastern northern and northern Iranian languages such as Sogdian and especially Parthian. The transition to New Persian

12546-594: The principles of customer development and Lean Startup to technology-based startup projects. As startups are typically thought to operate under a notable lack of resources, have little or no operating history, and to consist of individuals with little practical experience, it is possible to simulate startups in a classroom setting with reasonable accuracy. In fact, it is not uncommon for students to actually participate in real startups during and after their studies. Similarly, university courses teaching software startup themes often have students found mock-up startups during

12669-403: The process. Hasche and Linton argue that startups can learn from their relationships with other firms, and even if the relationship ends, the startup will have gained valuable knowledge about how it should move on going forward. When a relationship is failing for a startup it needs to make changes. Three types of changes can be identified according to Hasche and Linton: Startups need to learn at

12792-404: The prototypes and get the product or service ready for market. Externally they are expected to meet milestones of investors and other stakeholders to ensure continued resources from them on the startups. Coping with stress is critical to entrepreneurs because of the stressful nature of starting up a new firm under uncertainty. Coping with stress unsuccessfully could lead to emotional exhaustion, and

12915-578: The region during the following centuries. Persian continued to act as a courtly language for various empires in Punjab through the early 19th century serving finally as the official state language of the Sikh Empire , preceding British conquest and the decline of Persian in South Asia. Beginning in 1843, though, English and Hindustani gradually replaced Persian in importance on the subcontinent. Evidence of Persian's historical influence there can be seen in

13038-589: The reign of Sultan Ghiyathuddin Azam Shah is described as the "golden age of Persian literature in Bengal". Its stature was illustrated by the Sultan's own correspondence and collaboration with the Persian poet Hafez ; a poem which can be found in the Divan of Hafez today. A Bengali dialect emerged among the common Bengali Muslim folk, based on a Persian model and known as Dobhashi ; meaning mixed language . Dobhashi Bengali

13161-561: The same sector with more or less the same activities, have an increased chance of becoming a better entrepreneur. However, some studies indicate that restarters are more heavily discouraged in Europe than in the US. Many institutions and universities provide training on startups. In the context of universities, some of the courses are entrepreneurship courses that also deal with the topic of startups, while other courses are specifically dedicated to startups. Startup courses are found both in traditional economic or business disciplines as well as

13284-493: The sense that the startup has the potential to grow rapidly with a limited investment of capital, labor or land. Timing has often been the single most important factor for biggest startup successes, while at the same time it's identified to be one of the hardest things to master by many serial entrepreneurs and investors. Startups have several options for funding. Revenue-based financing lenders can help startup companies by providing non-dilutive growth capital in exchange for

13407-428: The side of information technology disciplines. As startups are often focused on software, they are also occasionally taught while focusing on software development alongside the business aspects of a startup. Founders go through a lot to set up a startup. A startup requires patience and resilience, and training programs need to have both the business components and the psychological components. Entrepreneurship education

13530-607: The site of a flourishing Persianate linguistic and literary culture. The 16th-century Ottoman Aşık Çelebi (died 1572), who hailed from Prizren in modern-day Kosovo , was galvanized by the abundant Persian-speaking and Persian-writing communities of Vardar Yenicesi, and he referred to the city as a "hotbed of Persian". Many Ottoman Persianists who established a career in the Ottoman capital of Constantinople (modern-day Istanbul ) pursued early Persian training in Saraybosna, amongst them Ahmed Sudi . The Persian language influenced

13653-402: The stage of growth of the company. Startup investing is generally divided into six stage, namely While some (would-be) entrepreneurs believe that they can't start a company without funding from VC, Angel, etc. that is not the case. In fact, many entrepreneurs have founded successful businesses for almost no capital, including the founders of MailChimp , Shopify , and ShutterStock . If

13776-561: The standard Persian of Tajikistan, has been officially designated as Tajik ( тоҷикӣ , tojikī ) since the time of the Soviet Union . It is the name given to the varieties of Persian spoken in Central Asia in general. The international language-encoding standard ISO 639-1 uses the code fa for the Persian language, as its coding system is mostly based on the native-language designations. The more detailed standard ISO 639-3 uses

13899-687: The standard Persian. The Hazaragi dialect (in Central Afghanistan and Pakistan), Herati (in Western Afghanistan), Darwazi (in Afghanistan and Tajikistan), Basseri (in Southern Iran), and the Tehrani accent (in Iran, the basis of standard Iranian Persian) are examples of these dialects. Persian-speaking peoples of Iran, Afghanistan, and Tajikistan can understand one another with a relatively high degree of mutual intelligibility . Nevertheless,

14022-515: The start up (as these employees stand to gain if the company does well). This removal of stressors allows the workers and researchers in the startup to focus less on the work environment around them, and more on achieving the task at hand, giving them the potential to achieve something great for both themselves and their company. The failure rate of startup companies is very high. A 2014 article in Fortune estimated that 90% of startups ultimately fail. In

14145-466: The technology covered by the patents. Startup investing is the action of making an investment in an early-stage company. Beyond founders' own contributions, some startups raise additional investment at some or several stages of their growth. Not all startups trying to raise investments are successful in their fundraising. Venture Capital is a subdivision of Private Equity wherein external investors fund small-scale startups that have high growth potential in

14268-522: The technology to provide internet access, others using the internet to provide services. Most of this startup activity was located in the most well-known startup ecosystem - Silicon Valley , an area of northern California renowned for the high level of startup company activity: The spark that set off the explosive boom of "Silicon startups" in Stanford Industrial Park was a personal dispute in 1957 between employees of Shockley Semiconductor and

14391-478: The use of Farsi in foreign languages. Etymologically, the Persian term Farsi derives from its earlier form Pārsi ( Pārsik in Middle Persian ), which in turn comes from the same root as the English term Persian . In the same process, the Middle Persian toponym Pārs ("Persia") evolved into the modern name Fars. The phonemic shift from /p/ to /f/ is due to the influence of Arabic in

14514-578: Was already complete by the era of the three princely dynasties of Iranian origin, the Tahirid dynasty (820–872), Saffarid dynasty (860–903), and Samanid Empire (874–999). Abbas of Merv is mentioned as being the earliest minstrel to chant verse in the New Persian tongue and after him the poems of Hanzala Badghisi were among the most famous between the Persian-speakers of the time. The first poems of

14637-412: Was founded in 2016. Digipay was founded in 2018, focusing on mobile and web payments. Digipay services include Smart IPG, merchant management dashboard, mobile payment gateways , customer refund services, personal and organizational wallets , mobile payment applications, and installment purchase facilities. Komoda is a social buy-and-sell startup platform. It was founded in July 2018 and has been

14760-586: Was patronised and given official status under the Sultans of Bengal , and was a popular literary form used by Bengalis during the pre-colonial period, irrespective of their religion. Following the defeat of the Hindu Shahi dynasty, classical Persian was established as a courtly language in the region during the late 10th century under Ghaznavid rule over the northwestern frontier of the subcontinent . Employed by Punjabis in literature, Persian achieved prominence in

14883-820: Was publicly the CEO of Digikala. Accordingly, 33.12% of the company's shares belong to Hamid and Saeed Mohammadi, the co-founders of Digikala, followed by IIIC European Investment Fund with 32.67%, Sarava Pars Company with 25.64%, incentive shares for managers and key employees with 4.46%, and other shareholder companies with 11.4%, including Lilian Mod Tejarat, Bazar Ati Ara, Pomegranate Investment AB, Kia Asa Tejarat Toos, and Pars Gostar Dina. In 2021, Digikala planned to increase its number of associates to 10,000. As of 2022, Digikala employs more than 8,000 people. Digikala initially started as an online retail platform focused on digital and electronic products. Since 2014, Digikala expanded its strategy to become an online marketplace , offering

15006-600: Was taught in state schools, and was also offered as an elective course or recommended for study in some madrasas . Persian learning was also widespread in the Ottoman-held Balkans ( Rumelia ), with a range of cities being famed for their long-standing traditions in the study of Persian and its classics, amongst them Saraybosna (modern Sarajevo , Bosnia and Herzegovina), Mostar (also in Bosnia and Herzegovina), and Vardar Yenicesi (or Yenice-i Vardar, now Giannitsa , in

15129-484: Was to prevent books from being printed with wrong use of words. According to the executive guarantee of this association, the government was responsible for wrongfully printed books. Words coined by this association, such as rāh-āhan ( راه‌آهن ) for "railway", were printed in Soltani Newspaper ; but the association was eventually closed due to inattention. A scientific association was founded in 1911, resulting in

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