Conventional Industry Transformation – Futuristic Toilet Seat

There is statistics comparing toilet seat penetration rate across China, Korea, and Japan. The result is surprising: Country Toilet Seat Penetration Rate China 2% Korea 56% Japan 87%   Why is the statistics differ so much? If you being travelled to Japan or browsing the web, you will see toilet seat looks like this: A…

The magic of compounding

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting¬†interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously-accumulated interest. Let’s play around with…