Tuesday, August 25, 2020

My First Job

My First Job I landed my tease position at sixteen on the grounds that my folks required it. In any case, I had no aim of finding a new line of work and needed to keep being a young person where I had little duty. As I checked out my old neighborhood for a vocation, I found that there were not a great deal accessible. I at last had the option to get a new Line of work near my home at a neighborhood Dairy Queen working for the lowest pay permitted by law. Since I had a Job I needed to settle on choices in time I spent between companions, games, and now work. Having an occupation gave me another point of view toward life.It showed me the significance of cash and the results of my money related choices. It additionally helped me to comprehend the control I required on the progression of my accounts and en route showed me numerous life exercises. The principal day of my Job was November 1 strip, 2012 and I was fearing It. I had heard accounts of how awful functioning In cheap food Is and I had no Clue about what to think. As I showed up on I had blended sentiments of dread and fervor. Wearing khaki shorts and a Dairy Queen polo I strolled in to my first employment. I was welcomed with grins and neighborly comments, for example, great morning.The chief clarified where I would be working and advised me to wash my hands. As I strolled to the flame broil region, where I would be working at, I saw an extremely spotless and very much kept station. My associates were all quite supportive. As the move came excessively close I understood that possibly this wouldn't be as terrible as everybody had said. I immediately learned essentials of the flame broil and got a couple of stunts en route. I took in the exact opportunity to haul the fries out, how to appropriately cook a chicken sandwich, and to continually be loaded. Being loaded was a key factor In progress cause I never knew when a group transport would pull up and I would get very busy.I recollect reaching the finish of a bustling movement and talking that didn't appear SIX hours. The moderate movements were horrible in light of the fact that I wouldn't have anything to do and the hours would haul by. The principal strife I at any point had at work came during a bustling day in the late spring. I was working the barbecue and we were pummeled. There were several softball fields not far off and they had held a competition before that day. Was buckling down attempting to take care of the requests in an opportune way when I heard somebody shout about us not working cast enough.I found that extremely impolite to my colleagues and me since we were buckling down. Presently regardless of to what extent I hang tight for food at a limitation I never gripe since I see how hard It can get. After I had been a Dally Queen for half a month I was planned an end move. This being my first Job I had no clue about what's in store. At the point when my first shutting shift approached the end and I realized I was In fo r a taxing night. Right off the bat, we were not permitted to begin shutting until the last client left the store and that wasn't until around ten enormous.There was no clothes washer in this store so every dish was to be washed by hand and there were around 100 dishes. The broad of the eatery must be great and if there was a morsel left it would need to be revamped. That first shutting shift I didn't leave the store until late. I figured out how to fear those end shifts and just at any point attempted to plan day shifts. I proceeded to go through 5 months at Dairy Queen yet as my monetary need developed I realized it was the ideal opportunity for me to proceed onward. I valued the open door the organization had given me and the information they gave me.When I turned in my fourteen day notice it was met with distress and well wishes. I understood in those most recent fourteen days I invested heavily in my work and delighted in it all the more then previously. My last day was loaded up with farewells to my colleagues who presently had become my companions. As I checked out my last time I understood that I never needed to work in the inexpensive food industry again. The express work I did at Dairy Queen was planning food and keeping up the fryers. The verifiable work I did was committing the food quicker without making errors. When shutting however my unequivocal and understood work changed.Then my express work was to wash dishes and clear the floors. My verifiable work was to wash the dishes rapidly and effectively clearing up the earth and rubbish. Now and again I enjoyed my Job and there were different occasions I loathed it. I preferred that as a young person I had the option to pay for my own gas and furthermore have some cash on the off chance that I needed to purchase something. I additionally enjoyed it since it gave me an awareness of other's expectations in light of the fact that the individuals at my Job were relying on me to appear for my works day. However, I additionally didn't care for my Job since I would now and then pass up spending time with my companions cause I needed to work.I got a couple of abilities during my time at Dairy Queen, for example, how to make a frozen custard, duty, persistence, and appreciation. The one that I loved the most was the means by which to make an ideal gelato. The second ability that I obtained at Dairy Queen was obligation. I needed to have obligation in appearing on schedule for my works day, keeping my territory away from garbage, keeping my hands sterile, and keeping my food things very much loaded. I figured out how to have more persistence with clients in light of the fact that in the food business clients can get bit nasty.Finally I figured out how to acknowledge what representatives functioning in inexpensive food do. My first Job truly transformed myself in quite a while. It allowed me the chance to be monetarily mindful and to figure out how to deal with my funds. It likewise show ed me many life exercises and ways I could develop myself in a work place climate. I likewise had the option to utilize it as a resume developer and I utilize my director as a kind of perspective for different employments. My first Job might not have been the best however I will utilize it as a device for the future and will keep on expanding on what it educated me.

Saturday, August 22, 2020

Business Capstone Audit Committee

Question: Talk about the Business Capstone Audit Committee. Answer: Presentation: The prime motivation behind this exploration study is to examine whether consideration of assorted variety in the review advisory group has influenced the presentation level or not. Numerous examinations have referenced the way that consideration of female individuals on the review council can expand the adequacy of the corporate administration by their moral and moderate characteristics (Liao, Luo and Tang 2015). Truth be told, consideration of female individuals in the review panel conveys a productive message to all the capital market members. Presently, monetary execution has significant effect on the strength of the association that can in the long run hamper its endurance design. Thus, various associations center around starting various techniques with the goal that it can ready to satisfy all the necessities of the partners in a proper manner. In this examination study, the prime spotlight will on the assessment with respect to the sort of effect that assorted variety can have on the presentation level of the review advisory group. Besides, the exploration study will likewise concentrate on the effect of having female CEO in the viability of the operational procedure of an association. Thus, the exploration study will concentrate on directing inside and out examination through the development of compelling theory with the goal that it can satisfy all the exploration targets in a fitting way. The prime point of the exploration study is to assess the importance of remembering decent variety for the evaluating board of trustees or corporate administration on the exhibition level of the association. Inspiration of the examination venture: Review council consistently has had a basic influence in taking care of any difficulties related with the corporate administration. Truth be told, senior administration or top managerial staff depend intensely on the presentation level of review advisory group for the satisfaction of the hierarchical duties in a proper way (Nekhili and Gatfaoui 2013). Hence, keeping up the exhibition level of review council is essential for dealing with any corporate administration issue. Presently, the exploration study will attempt to assess the sort of effect that incorporation of assorted variety can have on the viability of the exhibition level of the review board of trustees. In this way, the exploration is principally engaged towards the successful future ramifications of the review board of trustees with the goal that associations can ready to satisfy their duties in a suitable way. Research objective: The destinations of the exploration study are as per the following: To assess the effect of sex decent variety on the viability of the review advisory group To portray the effect of remembering female workers for the nature of the review reports To feature the job of decent variety inside the review panel in enormous global associations To assess the effect generally installment or decrease of review expenses on the enhanced review board of trustees Substance of the examination: In this examination study, the prime spotlight has been given on the review panel and its related difficulties that can make significant effect on the general business forms. Presently, review board of trustees assumes a basic job in each huge global association, where they principally center around the executives exercises and inside elements of the association. In this way, the adequacy of the review advisory group relies upon effective approaches and practices that are created on satisfying bookkeeping, operational and administrative compliances of any significant business substance in a proper way (Gul, Hutchinson and Lai 2013). The criticalness of the exploration subject is that it is concentrating on the assessment of the effect that consideration of female corporate administrators have on the review board of trustees. The substance of this exploration study has likewise centered around featuring positive and negative parts of remembering female portrayal for review board of tr ustees or corporate administration. Therefore, the examination study is basically engaged towards distinguishing the most ideal approach to deal with difficulties related with differentiated review board and low installment related issues in a fitting manner. H0: Gender assorted variety does makes sway on the viability level of the review council H1: Gender decent variety doesn't makes sway on the adequacy level of the review board of trustees According to the article by Abbott, Parker and Presley (2012) corporate administration dependent on the review has prevalent effect on the determinants of the review expenses and review delays as it features on the qualities, board steadiness and ability. Numerous investigations have featured the way that incorporation of sexual orientation decent variety has made positive effect on the adequacy of the review quality (Cumming, Leung and Rui 2015). It has been surveyed that consideration of sexual orientation decent variety regularly permits reviewing group to deal with a touchy issues in a proper way. Presently, the prime goal of shaping the examining panel is to improve inspecting quality so top managerial staff doesn't need to confront enormous sum difficulties in taking care of inner business condition. In any case, Fauzi and Locke (2012) have referenced that the viability of the examining board of trustees relies upon the variables like size, opportunity and recurrence of the gat herings. Hence, it has gotten essential for all the significant associations to concentrate on giving legitimate degree of opportunity to the reviewing board of trustees. Presently, consideration of broadened reviewing board of trustees will give that a lot of opportunity with the goal that they can perform they are obligations in a suitable way. Thus, consideration of expanded corporate administrators will help the evaluating panel to work all the more uninhibitedly, which will assist with upgrading the exhibition level in a successful manner. According to the article by Johnson, Schnatterly and Hill (2012) sythesis, duties and force would need to be used by review board of trustees to execute obligations identified with corporate administration in a proper way. It has been evaluated that consideration of expand corporate administrators will assist with recognizing any need of new compliances for the satisfaction of hierarchical obligations in a fitting manner. Besides, support of assorted variety inside the council will permit understanding points of view of the female representatives working in various association, which will in the long run permit governing body to start appropriate guidelines or approaches inside the hierarchical structure (Rhode and Packel 2014). In addition, consideration of assorted variety permits business elements to keep up a few government started approaches in a proper manner. Therefore, it really will permit business elements to stay significantly more moral in regards to the difficulties rela ted with the global business (Wachudi and Mboya 2012). Consideration of sex decent variety in inspecting advisory group assists with accomplishing more extravagant data condition and higher profit quality that solitary male individuals can't ready to make in a powerful manner. It has been surveyed that incorporation of sex assorted variety that improves data condition through the escalated oversight contrasted with their male partners. Therefore, it very well may be referenced that incorporation of sexual orientation decent variety in the examining board of trustees assists with upgrading the viability of the presentation level of the reviewing council. H0: Inclusion female corporate officials does makes unfavorable effect on the nature of the review reports H1: Inclusion female corporate officials doesn't makes positive effect on the nature of the review reports According to the article by Doldor et al. (2012) better quality review is portray than improve revealing quality in assorted settings. It has been evaluated that governing body can viably request and impact the reviewers attract better exertion than secure notoriety capital, advance investor premium and maintain a strategic distance from lawful liabilities in a suitable manner. Consideration of female representatives can help inspecting panel to console minority investors and improve the revealing quality, which will assist with upgrading the nature of the review reports. Moreover, incorporation of female corporate officials can upgrade the revealing nature of a politically associated business elements and accordingly ensure the speculators in a viable manner. According to the article by Dunn (2012) sexual orientation expanded sheets are bound to use outer reviewing as the prime component to improve nature of the inspecting report. Studies in Psychology, Sociology and Finance display s the way that sheets with female chiefs examine unpalatable and increasingly troublesome issues contrasted sheets and all-male in a powerful manner. According to the article by Qi and Tian (2012), incorporation of female corporate administrators frequently permits to carry point of view to the diverse executive gatherings that are totally not quite the same as those with just male chiefs. Be that as it may, consideration of more viewpoints requests greater validity and objectivity in the supporting data. Along these lines, more excellent examiners render scattering and age of trustable data through its affirmation and check process. Moreover, consideration of sexual orientation differentiated board improve the data condition and income quality in a suitable manner. As featured by Adesua Lincoln and Adedoyin (2012) sexual orientation various advisory group are bound to accomplish those results by boosting master examiners and drawing in them to apply predominant exertion in a viable manner. Especially, sexual orientation various top managerial staff improves review quality by drawing in with the outside inspectors so all the diffi culties related with the consistence strategies in a suitable way. From the previous not many years record, it is clear that review panel with female executives frequently request better review that require more exertion from the evaluators. Along these lines, it demonstrates the way that incorporation of female chief builds the quality required in the review report so inward condition can be han

Monday, August 10, 2020

gigas

gigas During our interview trip in Spain, we interviewed Diego Cabezudo CEO and co-founder of Gigas, a start-up based in Madrid. Gigas is an innovative cloud hosting provider with a leading position in Spanish speaking countries.Diego as a spirited entrepreneur shared his insights about the business model of Gigas, the market development of cloud hosting, and his advice to first time entrepreneurs.Interviewer: Hi. Today we are in Madrid with Gigas. Diego, who are you and what do you do?Diego: Hi. I am one of the co-founders of Gigas. We started in 2011. Just to start with a bit of background for myself and the team as well, we were five founders that started the company and all of us came from telecom and internet. So our background is of both big multinationals and startups. I am the only one that did not go through Ya.com, but the rest of the team comes from Ya.com, which was at the time the largest portal in Spanish speaking world, and also the second largest ISP in Spain. It was start ed in 1999 and it was extremely successful, and less than two years later was sold to Deutsche Telekom, so it was one of the big successes, if not the largest, in the internet in Spain. So our president was the CEO there that led the sales, and our CTO was the CTO, and actually all the technical guys, the system administrators come from there, which is a great background because obviously they were managing like five hundred servers, huge amount of traffic, high availability, and that’s really what you want out of a hosting company.Myself I’m mostly telecom. I was in TeleCable, which was one of the first cable ISPs here in Spain, and a very successful one. I was actually the first employee of the company, because it was a company set up by the electrical company so they put three of their guys and then hired a young trainee, and that was me, so that was a great experience. And then I’ve been also in other telecom companies like O2 where I was the head of strategy, or business and technology, so quite interesting as well. And then also in smaller companies and startups like Fon, the Wi-Fi company. And my last role was the CEO of an IT managed services company. That was a Spanish company and I expanded it into the State and Brazil, Mexico, Latin America, quite successfully. So quite similar to what I am doing now.And also I think the background in telecom is quite important because historically hosting has come from more like the computer guys, and I think telecoms and software have different views of the world. Telecoms really understand what five nines are in terms of high availability and things like that, whereas in the software industry if something goes wrong you just switch the machine and it gets solved. So I think that’s very good as well.Basically what we do is what is called cloud hosting or infrastructure as a service, which is basically the technical jargon for renting servers in the cloud. So instead of buying your equipment, you just go to our website or through one of our sales channels and get a certain amount of computer resources and storage, etc., and you set up your servers and your infrastructure. So obviously there has been a change of paradigm in terms of providing IT services. I remember only a few years ago â€" I’m talking of four or five years ago â€" you had to buy hardware and always oversize just in case for the peaks. It’s quite interesting, the sector has evolved so much. Now, for example, we’ve just launched a really good feature that we call tele-transportation, and it’s actually quite unique in the world, no other provider has it yet, and we can move a virtual machine from machine to Madrid to Miami, where we have two data centers, we can move the machine without rebooting the machine, without changing the IP address. So it’s really cool, like you have one machine serving traffic in Madrid, and two seconds later you have it serving traffic in Miami, so it’s like tele-transportation.Int erviewer: This is also beneficial for the client because the loading speed of the website improves.Diego: Exactly. What we’ve done so far is always listen to our customers and see what they really needed. So obviously we can’t compete with the large multinationals and the large hosters that have tons of engineers developing new products every day, but we really focus on things that our customers demand. So we have some of our large customers who have a lot of traffic on both sides of the Atlantic, what do they do to be closer to their end-customer, to replicate their infrastructure? So they have, imagine, ten servers here in Spain serving traffic and another ten in America. During the European day the one in Europe are really busy and the ones in America are doing nothing, then at night time it’s the opposite.These we developed with two uses in mind. First of all for contingency, for business continuity, so if something happens here you can move your infrastructure there. But also for a feature that we follow ‘follow the sun’, so in this scenario that I was telling you, replicating infrastructure, that type of customer what they have now is ten servers in Spain and in one or two in America during the day, so you have these ones that are really busy and then a couple there for the night owls that are looking at the websites in the middle of the night. And then when the sun starts coming down and the traffic patterns start to change then you start moving machines. So suddenly instead of ten plus two, you have a nine plus three, or eight plus four. And then 24 hours later you reverse the situation, and you do that twice a day. Basically what you get at the end of the day is that you save almost 50% of your costs.Interviewer: I understood that you were trying to develop some software in order to utilize your service much better and more efficiently, and thereby increasing your margins or lowering your prices for the customers. What is the major differenc e between your product offering and the product offering of another company?Diego: I think there are two questions there, one about the software and then the infrastructure. But starting with the second one in terms of our competitive advantage or difference with other providers, one of the most important things, or the key has been our customer support and our local element, what I call being a local company. We are trying to be a global company, and actually we have offices already in five countries and we’re opening a sixth this month, but by being local. And this is quite important, because I remember when I started the company and we started looking for funding, some investors said to me, “You are absolutely crazy. Don’t go into this game, this is for the big ones and you have nothing to do.” And I always defended that there is a very strong local element to this type of service, and I think time has proved us right. 3,000 customers later, with a growth in revenues and being the leader in the cloud hosting space in Spain has proved that we were right, because at the end of the day the type of services that we offer are absolutely critical for our customers. It’s not like four years ago or ten years ago that you’d put a website the same as you would leave a brochure somewhere, and if it was down a couple of days, doesn’t matter. And now some of our customers it’s their whole life, all their business is online. So obviously they can’t be down, not even one second for some of them.So the fact that you have a local company that you can talk on the phone with someone in Spanish, which is quite important, other services support is in English and by e-mail, and both are big barriers for Spanish speaking countries. One, because we are terrible at languages, unfortunately, so people want to talk in Spanish and want to be able to communicate in Spanish. And also we like to talk. People don’t like sending e-mails and waiting for a reply. To be ho nest, for a service that is mission critical, it’s not acceptable.So we started with a really good customer service, obviously with local telephone support in all the countries where we are, in Spanish, in English as well, we have bilingual staff, but the important part is Spanish. And it is also run by engineers, so we only have engineers and system administrators. So our first level of support is equivalent to a second or even third level of another provider or telecom or things like that. So that has been for us the best marketing, the best customer appreciation too. And actually till today more than 35% of new customers every month come referred by existing customers.Interviewer: I understood that customer service is quite an important point for getting competitive advantage, is there anything special about your product that is different from bluehost or other hosting or other hosting providers that generates, from your perspective, competitive advantage?Diego: Obviously custo mer service is really important, but you need to have a good product, because at the end it’s the most important thing. So we’ve always done two thing, focus on the quality of the product, so we’re not the cheapest in the market, but we offer very good quality services and people realize and talk about it. But also we’ve taken a different approach in many areas, and I think that has actually worked quite well. As I was saying, we launched with what we thought was the very minimum and have been growing our customers. So just to give you some examples of things that we do differently, I think there are two main differences especially with the large multinationals. One is the philosophical approach that we’ve taken, and that’s getting a competitive advantage from a usability point of view, customer experience. In the beginning when we set up the company, our target were the small and mid sized companies. We thought that the big companies were already sorted, they had their technology needs sorted, so we wanted to offer this type of technology and benefits to the smaller companies. Therefore, we spent a lot of time and effort in the control panel, the user interface, the usability, the customer experience. And then to our surprise we started receiving calls from very large companies that they were interested in this service. And it has happened that that which we designed for non-techies actually the techies are now loving it. So we try to make things extremely easy from a user point of view, from a usability and user experience, and also from a cost experience.Interviewer: The good thing about that is that even though you have invested a lot of money into the good customer service, you still, I would assume, get less calls because people don’t have problems, or at least they can solve them by themselves.Diego: Exactly. And there is no learning curve. Normally in this type of business when you acquire a customer you have very intensive 30 days or mor e, four to six week period where you have a lot of interaction. With us it doesn’t really happen like that, because people can do everything, it’s very intuitive. So we didn’t plan it that way, but it has become a competitive advantage.Interviewer: Let’s talk briefly about the market development in the Spanish speaking world in terms of the whole cloud hosting. Can you tell us for example about the market segment how they develop in terms of sales, gross rates, profitability, and what would be your guess for the future?Diego: The hosting market in general in the Spanish speaking markets is much less developed than for example the UK market, which is the largest market in Europe, or Germany that is the second largest. And this is quite similar both in Spain and in Latin America. Historically people have had their own infrastructure in-house, it’s what we normally call hosting in the closet, because it is normally like a small closet that you have in the office and you have your machines there. So it hasn’t had as much development as in other countries or obviously the States, which is the largest market in the world for these types of services.And then the market is extremely fragmented. For example, here in Spain there are about 2,000 hosting companies. The market would be around €600 million per year, and the largest one has revenue of €40 million. So that gives you an idea. There are couple of companies that are larger with €30 or €40 million, and then all the rest are below €10 million. So it is an extremely fragmented market. In South America it’s even more fragmented. It is a very fragmented market with traditional hosting companies, so they’ve been, first, very focused on share hosting, which is how they started, so you buy a physical machine and you try to squeeze in a few thousand customers. Then they moved to dedicated hosting, you have your own physical machine. That was what gave the growth in Spain for the last two to thre e years. And when we started in the market we were almost the first to offer cloud hosting services as a local provider. For the rest it was it was difficult to follow us, because the large ones were worried cannibalizing their own dedicated server base, and they small ones couldn’t really afford to invest in infrastructure, because the cloud infrastructure is quite different from the dedicated servers or the shadow hosting, and then you need all the platform and stuff that requires a lot of development effort. So in that sense we launched and we were quite successful. What we see is that a lot of the dedicated servers are decreasing, and that space is being taken by virtual private servers, VPS, on the low side, and then on the medium market and the corporates for what we call cloud services.In terms of the market, just to give some size, I talked about the size in the Spanish market as a whole hosting being 600 million, the part of cloud hosting we estimate to be like 120 millio n. There very limited information about the size of the market, especially in Spain and Latin America, but the analysts, even the most conservative ones, estimate that in the regions we operate, let’s say the Spanish speaking market, Spain and Spanish Latin America, it would be $350 million or $400 million at the moment and growing in the next three years, so in 2016 with $1.2 billion. So the growth rates are phenomenal. We are seeing it in the market. In Spain we estimate that it’s grown about 40% in the couple of years. In Latin America over 50% in most of the markets we’re in. And our experience, we’re growing in terms of revenues double digit every month, month after month. So it’s a very very healthy growth.Interviewer: We always try to tell our readers about some unique experiences from entrepreneurs, and as we are here today in Madrid would you like to tell about the impact that the financial crisis had on you as a startup, and maybe generally on the ecosystem in Sp ain?Diego: Starting from our own experience, we didn’t set out the company because there was a crisis or we didn’t think about not setting it up because there was a crisis. We saw a business opportunity from the other side, we were very good customers of large hosters, we couldn’t get cloud hosting services in Spain, and we couldn’t get it in Spanish, so we thought there was a gap in the market and we decided to go for it. And this was the worst time of the crisis, when we were looking for funding it was the Spring of 2011 when Spain was at the verge of being intervened. So it was very difficult. We actually talked to investors abroad and they were saying, “Are you crazy, we are not putting any money in Spain.” And I remember one actually that said, “If you were in Germany I would invest.” And I said, okay, whatever. And probably if we were in Germany it wouldn’t work, because there are strong players there. But the market opportunity is here. It was challenging in that respect, getting the funding. Because we were very capital intensive we have to invest a lot in infrastructure, in customer service 24/7, etc., we needed quite a bit of money from Spanish standards. So it was a challenge.But then it has helped us a lot, because together with the crisis we had the worst credit crunch in Spanish history. As I said, historically companies like to buy their equipment and have it there in front of them and see the lights, and suddenly they went to direct HP, oh no, I can’t finance you. Vendor finance was gone. They went to their server retailers I need to rent it. Oh no, we can’t give it to you, unless you put the money here, a deposit. Well then I will buy it if I have the money in cash. So people suddenly couldn’t buy machines, or they couldn’t finance them, and a lot of the companies didn’t have the cash to invest. So some customers came to us almost like a financing alternative, and I remember for example a customer saying to us, “D iego, what I would really like is to buy the equipment and have it at home, but I can’t, so I will get it from you guys.” And then they started seeing the technical advantages. And now they’re getting more and more excited, and they say this is great because I have the advantages of having it in the house because I have full control over the control panel with the advantages of you guys taking care of all the infrastructure.For the ecosystem, I think it has been quite good. Obviously it’s a drama, unemployment rates here are absolutely incredible, especially with the young people. But one of the good things has been that people are certain to change their mentality. And Spain historically we’ve been a country of entrepreneurs, we travel the world discovering places and stuff, we’ve always been very venturous in that sense, and if I look back for somebody even in my own company, in my own family a generation back, every single person had their own business, be it a small coffee shop or architecture office, or whatever it was, but they were working for themselves. Whereas in the last 40, 50 years, it was quite the opposite. The best thing that could happen to you would be to work in a large company in Spain or for the government for your whole life. Work forty years and stuff. So that was the mentality until only three years ago. And I think with the crisis people started seeing that first of all those jobs are not as safe as they thought, unfortunately every single large company in Spain let people go, so they realized this is not a job for life. And people â€" some because of conviction and some, unfortunately, because of the situation they had â€" started their own thing and their companies, so there has been a move in terms of entrepreneurship.And also the cloud hosting industry historically has been very very small, and in the last three the money available has more than tripled. There are new funds, larger funds, there’s a lot more money avai lable for entrepreneurs, so that’s a good thing. And I think what we need now to close the circle is to have a good few exits that could encourage entrepreneurs to start their companies and also investors to put their money. And then you close the circle and things start working.Interviewer: Diego, thank you very much.Diego: It’s been a pleasure. Thank you for inviting myself and Gigas to talk to you.Interviewer: Yeah, and if you’re looking for a nice cloud hosting company, check out Gigas. Thanks.Diego: Thank you.