Toptal Blog

The Toptal Blog is the top hub for developers, designers, finance experts, executives, and entrepreneurs, featuring key technology updates, tutorials, freelancer resources, and management insights.
Elizabeth J. Howell Hanano, CFA
Legal Sports Betting: A New Economy Built on Vice

In the last Super Bowl when the New England Patriots faced off against the Philadelphia Eagles, Americans bet a staggering $4.76 billion on the game. 97% of that figure was done so illegally. However, this will likely change by the time the next Super Bowl rolls around. In a hotly anticipated move on May 14, 2018, the US Supreme Court struck down the Professional and Amateur Sports Protection Act, paving the way for states to legalize sports betting.

This article covers the foundations of sports betting, including its $150 billion market size, implementation timeline, and revenue distribution. It will also examine the implications of its legalization, including increased sports engagement and popularity, ethical concerns, fresh opportunities, and its impact on fantasy sports and eSports.

Continue reading →
Toby Clarence-Smith
Don't Scale an Unprofitable Business: Why Unit Economics (Still) Matter

With venture funding having grown more than 120% in the US in the last five years, startup founders and investors alike have grown increasingly comfortable with low margin business models. But the successes of the Amazons and Facebooks of this world often mask failure in a slew of other sectors, where the “build it and they will come” model doesn’t always work.

In this article, Toptal Finance Expert Toby Clarence-Smith brings attention back to the importance of studying a business’ long-term sustainability prospects, with a particular focus on unit economics, one of the building blocks of profitability and breakeven analysis for startups.

Continue reading →
Radu Balaban
Intro to Python Image Processing in Computational Photography

Computational photography is about enhancing the photographic process with computation. While we normally tend to think that this applies only to post-processing the end result (similar to photo editing), the possibilities are much richer since computation can be enabled at every step of the photographic process—starting with scene illumination.

In this article, Toptal OpenCV Expert Radu Balaban walks us through two examples of computational photography: low light and high dynamic range.

Continue reading →
Orinola Gbadebo-Smith
Mission Statements: How Effectively Used Intangible Assets Create Corporate Value

Of the three functional categories that drive value in business—i.e., the “hard,” the “soft,” and the “intangible”—mission statements comfortably reside in the third, alongside such concepts as brand and culture.

But despite the skepticism that is often associated with this category, and having uncovered some of the greatest gems in the corporate arena, this article argues that mission statements, when crafted and utilized effectively, are capable of driving billions of dollars in value.

Continue reading →
William B. Doyle, Jr.
Selling a Business for Maximum Value in a Challenging M&A Market

With $936 billion of uninvested private equity capital inching down market, why do 46% to 80% of lower middle market sell-side transactions fail to close? The usual answer is that companies are not ready for buyers’ examination and owners can be overly optimistic or even greedy.

Business owners can do much more to put themselves in the driver’s seat. Success boils down to the following: (1) take the time and do the work to prepare for an exit transaction and (2) apply “intelligent greed” to close your best deal.

Continue reading →
Filip Petkovski
Apache Cordova Tutorial: Developing Mobile Applications with Cordova

Mobile applications are creeping in. Developing for each mobile platform can be an exhaustive task, especially if resources are limited. This is where Apache Cordova comes in handy by providing a way to develop mobile applications using standard web technologies - HTML5, CSS3 and JavaScript. This article explores how one can get started with Apache Cordova and build mobile applications targeted at a wide range of mobile devices.

Continue reading →
Elizabeth J. Howell Hanano, CFA
How to Be an Amazing Financial Consultant

Fewer than 3% of applicants make it through Toptal Finance’s rigorous screening process. How do the best of the best become such effective financial consultants? We sat down with one of Toptal’s most on-demand financial consultants, Jeffrey Fidelman, who shared his proprietary methods for ensuring success for his clients and how he has grown his own business exponentially.

Continue reading →
Amin Shah Gilani
How to Build an Effective Initial Deployment Pipeline

Do you run deployment scripts from your development machine, or find yourself referring to deployments by the day of the week they were deployed, instead of using version numbers? It’s time for a better solution.

In this article, Freelance Ruby Engineer and automation enthusiast Amin Shah Gilani walks you through his perfect deployment pipeline to use at the beginning of your project. With this CI/CD configuration, every push is tested, the master branch is deployed to staging servers with a fresh database dump from the production server, and versioned tags are deployed to production with backups and migrations running automatically.

Continue reading →
Subscribe
Free email updates
Get the latest content first.
No spam. Just great engineering, design, and finance posts.
Free email updates
Get the latest content first.
Thank you for subscribing!
Check your inbox to confirm subscription. You'll start receiving posts after you confirm.