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…