This Week in Startups

Barclays blocks Binance, China pauses Didi downloads + Steezy CEO Evan Zhou | E1241

Jul 6, 2021
Evan Zhou, Co-founder and CEO of Steezy, shares his journey of transforming dance education through an innovative app. He discusses the simplicity of creating a minimum viable product and the challenges of monetizing a consumer SaaS business. The conversation also delves into the rise of online dance classes during the pandemic, the influence of TikTok on dance culture, and strategies for blending online and in-person experiences. Zhou emphasizes the importance of quality content in a crowded market, making dance education accessible to everyone.
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INSIGHT

Binance Red Flags

  • Binance's lack of headquarters and banking raises red flags.
  • Barclays blocking deposits suggests potential instability.
ADVICE

Crypto Exchange Safety

  • Move crypto off exchanges like Binance to personal wallets.
  • Prioritize regulated exchanges or cold storage for security.
ANECDOTE

Didi in China

  • China halted new Didi sign-ups for a cybersecurity review.
  • Media headlines exaggerated the situation, falsely claiming a shutdown.
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