Mon.Oct 16, 2023

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B2FI: Demystifying Software Sales Into Financial Institutions

Andreessen Horowitz

Selling into financial institutions (FIs) has long been the end goal for many software-oriented fintech businesses. With massive annual technology budgets and scaled distribution, the largest FIs are the ideal end-buyers. However, a fear of long sales cycles, heavy compliance requirements, and opaque organizational structures preclude many early stage founders from pursuing this go-to-market channel.

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India’s Agnikul gets $26.7M to prepare for commercial space launches

TechCrunch

Agnikul, an Indian space tech startup developing small-lift launch vehicles, has raised $26.7 million in fresh investment as it looks to begin commercial launches using its customizable satellite rocket. Companies — from big tech giants to startups — are looking to launch their small satellites (up to 500 kg in weight) to space to improve […] © 2023 TechCrunch.

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Designing a Culture of Reinvention

Andreessen Horowitz

In this episode from September 2020, originally recorded for the Commonwealth Club of California, Netflix CEO and co-founder Reed Hastings talks about his new book “No Rules Rules: Netflix and the Culture of Reinvention” with a16z co-founder and fellow author Ben Horowitz, who also wrote a bestselling book about culture in 2019. During the conversation, Reed tells the story of Netflix’s evolution and his management philosophy, including the hard lesson he learned about what hap

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FTX execs blew through $8B; testimony reveals how

TechCrunch

Sam Bankman-Fried and other FTX executives spent $8 billion worth of customer funds on real estate, venture capital investments, campaign donations, endorsement deals and even a sports stadium, according to testimony from former senior FTX executive Nishad Singh. Singh’s testimony, which kicked off the third week of Bankman-Fried’s trial, provides fresh details of exactly where […] © 2023 TechCrunch.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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7-Figure Exit to Starting From Scratch

Entrepreneur's Handbook

The next level requires new behaviors, habits and mindsets Image credit: Ritual Visuals Baggage. We all have it. We carry it from relationship to relationship, job to job and business to business. Whatever you’re doing now, your past experience will affect your actions. Consciously and subconsciously, you’re carrying around outdated habits and using old ways to do new things.

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The Absurd Way Startup Founders Have to Measure Their Own Success

Entrepreneur's Handbook

Entrepreneurs are always stressed that they’re not making enough progress, but it’s because they’re measuring progress the wrong way.

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Erie Entrepreneurial Ecosystem Investments Fuel New Startups

Ben Franklin Technology Partners

The Erie community came together today to celebrate local innovators who’ve successfully made the leap from start-up to up-and-running. Nearly 30 companies either received or paid funds forward to contribute to new startups, totaling an amount of more than $9.4 million. Investments were contributed by local and regional entrepreneurial support resources helping to drive the entrepreneurial ecosystem and economic impact of our region, including Ben Franklin Technology Partners / Central & No

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Innovating While Scaling: Lessons from Amazon

Andreessen Horowitz

In this episode from February 2021, early Amazon execs Colin Bryar and Bill Carr — in conversation with a16z’s Sonal Chokshi — go beyond the well-known artifacts of Amazon innovation, like the memo and the press release, and share the leadership principles, decision making practices, and operational processes that helped Amazon continue to innovate, invent new products and learn from its mistakes, as it scaled.

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Quest Ventures Backs Vietnamese Startup Vulcan Augmetics in Advancing Assistive Technology

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Vietnamese biometric sensor and robotic prosthetics developer Vulcan Augmetics has secured undisclosed seed funding from Singapore-based venture capital firm Quest Ventures. Vulcan Augmetics specializes in creating customizable modular robotic prosthetics, harnessing the power of proprietary machine-learning software to enhance accessibility and affordability for amputees, particularl

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Inside Apple Software Design

Andreessen Horowitz

In this wide-ranging conversation from April 2019, a16z’s Frank Chen sits down with Ken Kocienda, a longtime software engineer and designer at Apple from 2001 to 2017, who wrote a book about his career there, called Creative Selection. They discuss Ken’s unconventional path from freelance photographer to software engineer at Apple, his work on many core products from Safari web browser to iPhone, iPad, and Apple Watch and features like Autocorrect, what it was like to demo new products for Steve

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LinkedIn confirms it will cut a further 668 jobs, bringing the total to nearly 1,400 this year

TechCrunch

Earlier this month, LinkedIn announced that it would roll out a raft of new AI-powered tools across the business. Today, it’s making a different kind of announcement focused on the future: The company is laying off 668 employees. We understand from a reliable source that the majority of the layoffs, some 563, will be in […] © 2023 TechCrunch.

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When Gross Margins Matter

Andreessen Horowitz

Gross margins–which are essentially a company’s revenue from products and services minus the costs to deliver those products and services to customers–are one of the most important financial metrics for any startup and growing business. And yet, figuring out what goes into the “cost” for delivering products and services is not as simple as it may sound, particularly for high-growth software businesses that might use emerging business models or be leveraging new technology.

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Bandcamp’s new owner lays off half the company

TechCrunch

Bandcamp has officially changed hands from its old new owner, Epic, to its new new owner, Songtradr, and lost half its employees in the process. Songtradr confirmed that “50% of employees received offers” to continue on under the new ownership — and naturally the other 50% didn’t. The venerable digital music marketplace was acquired by […] © 2023 TechCrunch.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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Applying AI in B2B

Andreessen Horowitz

In this episode from October 2019, People.AI founder and CEO Oleg Rogynskyy and a16z partner Peter Lauten discuss with Das Rush about what the rise of AI in B2B means for enterprises, workers, and startups. They explain why AI provides a strong first mover advantage to enterprises that adopt it early; how it can automate lower level tasks, maximize our focus, and, ultimately, make our work more meaningful; and for startups, they provide a playbook for seizing the next AI opportunity.

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Netflix’s cloud gaming service begins tests in US

TechCrunch

Netflix is beginning to test its cloud gaming service in the U.S. after initially launching limited trials in Canada and the U.K. The service, an expansion on the company’s mobile gaming efforts which began in 2021, has seen the streamer picking up gaming studios and licensing titles from individual developers with the intention to make […] © 2023 TechCrunch.

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The Founder to Investor Journey

Andreessen Horowitz

Every founder’s journey is unique, and a16z general partner David Ulevitch’s is no exception. From working in tech during the Dot Com boom to founding and guiding his own startups to successful exits to becoming an investor, he shares his story with The Modern CTO’s Joel Beasley. But while every journey is different, some of the lessons remain the same.

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ByteDance’s video editor CapCut targets businesses with AI ad scripts and AI-generated presenters

TechCrunch

CapCut, the ByteDance-owned video editing app that’s the company’s second to hit $100 million in consumer spending after TikTok, is now expanding into business tools. Known today for its easy-to-use templates, tight integration with TikTok, and rapid adoption of AI effects and filters, CapCut has been a top consumer video editing app that now regularly […] © 2023 TechCrunch.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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More from Less: The Environment, Capitalism, and Technology

Andreessen Horowitz

In this episode from October 2019, a16z co-founder Marc Andreessen and former a16z podcast showrunner Sonal Choksi bring on MIT economist and bestselling author Andrew McAfee to discuss why the lessons of human growth in times past, from the Industrial Revolution onwards, might not apply to our future. It used to be that the only way for humanity to grow — and progress — was through destroying the environment.

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Google lobbies against legally mandated age verification for minors

TechCrunch

Google is challenging proposed laws that would require online services to implement age checks in a new framework that theorizes how technology companies should approach children’s safety online. The framework, titled the “Legislative Framework to Protect Children and Teens Online,” is the tech giant’s response to congressional child online safety proposals.

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Stories of Startup Survival Mode

Andreessen Horowitz

In this episode from February 2017, a16z co-founder Ben Horowitz and Jason Rosenthal, former Lytro CEO (now Vice President, Subscription Services, at Google) share stories and lessons learned from doing whatever they could to help their companies survive in hard times, including making and living through major pivots, selling new products before they were ready, figuring out financing with market and industry headwinds against them, and more.

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Twitch launches stories for streamers

TechCrunch

Ahead of TwitchCon Las Vegas, Twitch is launching stories for streamers to connect with their audience even when they aren’t live. Partners and Affiliates who have streamed at least once for 45 minutes or longer in the last 30 days are eligible to post stories, which are viewable for any of their followers and subscribers […] © 2023 TechCrunch.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Blockchains, crypto, & web3: Connections, models, more

Andreessen Horowitz

In this crossover episode from new show “web3 with a16z”, a16z general partners Chris Dixon and Ali Yahya and a16z crypto head of research Tim Roughgarden, with host Sonal Choksi, set context and discuss the connections between blockchain, crypto, and web3, as well as how lessons from earlier eras of the web do and don’t apply to the current moment.

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Kia opens orders for its flagship all-electric 2024 EV9 SUV

TechCrunch

Kia has started taking reservations for its EV9, the full-size SUV that has been positioned as the flagship for the company’s EV portfolio. Reservations for the Kia EV9 are $750 and can be applied to the purchase price, according to the company. Kia taking reservations for an EV is a relatively new strategy for the […] © 2023 TechCrunch.

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Why Free Product + Paid Media = Death for Subscription Companies

Entrepreneur's Handbook

The most common business plan that I see for subscription products is: Figure out the product Add a free tier Raise a big round to “scale marketing.” Make a lot of money The big problem is that many companies die between steps 3 & 4 and struggle to understand why. This plan makes sense in theory. We will build the product and attract more people with a free tier and then attract even more people with paid media.

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Zipcar hit with feds’ first-ever fine for renting out recalled cars

TechCrunch

If you rented a van from Zipcar a while back, there’s a chance it failed to meet the National Highway Traffic Safety Administration’s standards. The NHTSA hit Zipcar with a first-of-its-kind fine for “renting vehicles with open, unrepaired recalls,” the agency announced on Monday. The federal safety agency regulates vehicle recalls in the U.S., and […] © 2023 TechCrunch.

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.