Tue.Nov 28, 2023

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Finding Founder-Market-Geography Fit

Revolution

At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. At first, we primarily played an advocacy and convening role, working with policymakers and administrations , organizing bus tours, and telling the stories of the entrepreneurs we met along the way.

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Candex lands $45M infusion to grow its procurement management business

TechCrunch

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and Edenred. The tranche brings Candex’s total […] © 2023 TechCrunch.

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Diverse-owned American Midsize Businesses is focus of JPMorgan Chase and Next Street Report

American Entrepreneurship

Research indicates a gap of $1.3 trillion exists, presenting an opportunity for overall economy With the United States experiencing a major demographic shift over the coming decades, the business community has a reason to focus on diversity, both on the consumer and provider sides. Recognizing the transformation that is underway, JPMorgan Chase and Next Street conducted a study titled, The Middle Matters: Exploring th e Diverse Middle Market Business Landscape , reporting about midsize businesse

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PanTa-G Bus in Pangyo Techno Valley Hits Remarkable 12,000 Passenger Milestone

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Pangyo Techno Valley , located in Seongnam City, Gyeonggi Province, has surpassed the 10,000 passenger mark in just four months since the launch of the autonomous public transportation service, ‘ PanTa-G Bus ,’ equipped with autonomous driving technology.

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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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Survive the Term Sheet Negotiation and Investor Due Diligence Part 1

Gust

The principal roles of the lead investor was to negotiate the terms of an investment with the founder of the startup. In theory, the terms could be “here’s a million dollars to use; if the company becomes a big success, please give it back to us.” Unfortunately, that’s not the way it works. When a corporation is established, its ownership is divided into pieces called shares of common stock.

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Survive the Term Sheet Negotiation and Investor Due Diligence Part 2

Gust

Over the past 20 years, the typical structure for seed/angel deals has shifted from common stock (in the mid-1990s) to convertible notes (late 1990s through early 2000s) to full Series A convertible preferred (mid-2000s) to convertible notes with a cap (late 2000s) to Series Seed convertible preferred or similar (present). This shows the increasing sophistication of investors and founders, the increasing experience and publicity surrounding the advantages/disadvantages of various options, and th

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Inflow: Vietnamese Startup Revolutionizes Fashion Industry with $2M Funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Inflow, a Vietnamese fashion supply chain platform, aims to further revolutionize the country’s textile and garment industry. The startup company recently received $2 million in seed funding, aiming to further assist Vietnamese small fashion brands bring their designs to life.

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Webull leaps into Mexico with acquisition of stock trading app Flink

TechCrunch

Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Financial terms of the deal were not disclosed. Although Webull has China roots, it is based in the United States and rivals Robinhood in the country as a low-commission online trading platform that also offers cash […] © 2023 TechCrunch.

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NJEDA Opens the NJ Capital Access Fund

American Entrepreneurship

Working capital loans with competitive interest rates and no collateral requirement will support New Jersey small businesses TRENTON, N.J. (November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. The fund will leverage Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) to offer a working capital loan product that will better serve New Jersey-based small businesses.

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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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Augment provides an MBA-like program, but exclusively online

TechCrunch

French startup Augment has seen the incredible rise of online courses and edtech companies, as well as its potential when it comes to reinventing education at scale. That’s why the startup has been working on highly polished online courses sold as a package. Augment thinks its main program could potentially become an alternative to traditional […] © 2023 TechCrunch.

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Indonesian Startup Company JALA Tech Receives Massive $16 Million Funding for Service Improvement

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register JALA Tech, a leading Indonesian startup company, has succesfully secured massive funding from multiple investors. Recent updates indicate that JALA Tech plans to use this new funding to enhance its aquatech technology, focusing on shrimp cultivation.

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NXTP closes largest fund with $98M for early-stage B2B founders in Latin America

TechCrunch

NXTP Fund III represents over a 2x increase from the size of its previous fund, enabling the firm to invest in between 25 and 30 companies this time around. © 2023 TechCrunch. All rights reserved. For personal use only.

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[Connected Energy in Smart Infrastructure Magazine] Battery and solar is a winning combination for education centre

OurCrowd

The post [Connected Energy in Smart Infrastructure Magazine] Battery and solar is a winning combination for education centre appeared first on OurCrowd Blog.

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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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Prosus slashes valuation of India’s Byju’s below $3 billion

TechCrunch

Investment giant Prosus has written down the valuation of edtech giant Byju’s to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit just early last year. Byju’s is facing many “challenges” and Prosus and other backers are working alongside to aid the Bengaluru-headquartered startup’s recovery, Prosus interim chief […] © 2023 TechCrunch.

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Managing Data as Product : Office Hours with Philip Zelitchenko

Tomasz Tunguz

On December 14th at 9.30 am Pacific, Office Hours will host Philip Zelitchenko , VP of Data at ZoomInfo to discuss Managing Data as Product. Recently, Philip shared his management techniques to run a data team like a standard product software development function with some key nuances. I asked him to join us on Office Hours to share his perspective because we believe data and software engineering practices converge.

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The TechCrunch+ 2023 Holiday Gift Guide

TechCrunch

Getting a TechCrunch+ membership for yourself, or gifting one to coworkers and founders, has never been easier with our holiday discount.

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How to Build an AI-Native Health Plan with Mario Schlosser

Andreessen Horowitz

Mario Schlosser, cofounder, former CEO, and current President of Technology at Oscar Health, joins Julie Yoo of Bio + Health. The conversation explores how AI advancements can revolutionize traditional healthcare models by enhancing efficiency, personalizing care journeys, and integrating real-time data insights. Mario also discusses “benefit-less” benefit designs, where healthcare plans learn from and adapt to individual consumer patterns, at least theoretically leading to the holy

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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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Amazon unveils Q, an AI-powered chatbot for businesses

TechCrunch

Amazon is launching an AI-powered chatbot for AWS customers called Q. Unveiled during a keynote at Amazon’s re:Invent conference in Las Vegas this morning, Q — starting at $20 per user per year — can answer questions like “how do I build a web application using AWS?” Trained on 17 years’ worth of AWS knowledge, […] © 2023 TechCrunch.

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Financial Freedom, Company Building, More with David Marcus

Andreessen Horowitz

This wide-ranging conversation covers company building, big to small — including what cadence and when is the right “time” to ship; the relationship between centralization, decentralization, platforms, and financial freedom; moving from web2 to web3 in both crypto AND payments… as well as why bitcoin, views on remote work, and much much more.

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Pika, which is building AI tools to generate and edit videos, raises $55M

TechCrunch

The generative AI hype hasn’t died down yet. Case in point, Pika, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced that it raised $55 million in a funding round led by Lightspeed Venture Partners with participation from Homebrew, Conviction Capital, SV Angel, Ben’s Bites and […] © 2023 TechCrunch.

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Snow Angels Come Early to Data : Snowflake's Strength Spells Success for Startups

Tomasz Tunguz

Snowflake announced earnings yesterday, echoing the strength within software companies more broadly & underscoring the shift in enterprise buyer behavior to normal after three quarters of extensive cost cuts. “Q3 product revenue grew 34% year-over-year to reach $698 million. Non-GAAP adjusted free cash flow was $111 million, representing 7% year-over-year growth.

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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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Vimcal raises $4.5 million to expand its team offerings

TechCrunch

Vimcal, a YC-backed calendar app, has raised a $4.5 million seed round from Altos Ventures to expand its team and enterprise offerings. The company, founded by CEO John Li, launched its iOS app and Outlook integration last year. Li told TechCrunch that Vimcal has improved its Outlook integration with fewer bugs. Since last year, Vimcal […] © 2023 TechCrunch.

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Support the PLACE Builders Fellowship

Forward Cities

Forward Cities is partnering with Ecomap for the PLACE (Pava LaPere Award for Cultivating Ecosystems) Builders Fellowship program to support, mentor, and fund ecosystem builders across the country in developing and promoting their home ecosystems, especially in underrepresented or underinvested communities. C onsider a gift this Giving Tuesday to empower the inaugural cohort of change-makers to catalyze more equitable entrepreneurial ecosystems!

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Google search ads spotted in compromising placements

TechCrunch

Research delving into a less visible component of Google’s search ads business — a network of third party sites called Google Search Partners (also known as the GSP network or SPN) — has documented scores of instances of Google search ads being served on non-Google websites that the media buyers paying for the marketing campaigns […] © 2023 TechCrunch.

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My First 16: Welding Yourself to Early Customers with Marqeta’s Jason Gardner

Andreessen Horowitz

About My First 16 Our new video podcast series My First 16 features interviews with founders and CEOs of fintech companies about how they acquired their initial customers and the hard lessons they learned along the way. Subscribe to the a16z channel on YouTube and follow this show on our podcast feed so you don't miss an episode. In this episode, a16z partner Seema Amble talks with the founder and current executive chairman of Marqeta Jason Gardner about what it means to be welded to your

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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.