March, 2021

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A Weird and Wacky Approach To Angel Investing

OnStartups

An Odd Start To My Angel Investing. I started my first company at around the age of 24. It was called Pyramid Digital Solutions and it was a CRM (Customer Relationship Management) company in the financial services vertical. I bootstrapped it, ran it for about 10 years and then sold it to a large software company in an all cash, no attachments deal. Now, I had something I’d never had before -- liquidity.

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4 Things Every Entrepreneur Should Avoid

Entrepreneurs' Organization

An excerpt from the book Launch Your Inner Entrepreneur , by Charlene Walters , MBA, PhD. Charlene is an entrepreneurship coach, branding mentor and speaker. . Becoming a successful entrepreneur is all about working on and developing an entrepreneurial attitude by making certain shifts in the way that you think. A mindset shift related to taking action will be central to your success in terms of not only having the confidence to get your business off the ground, but also in regard to what you’ll

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Return/Hybrid/Remote

A VC: Musings of a VC in NYC

With vaccinations topping 90mm doses in the US and upwards of 75mm doses likely to be injected into arms in the US in March, many companies are starting to think about what a return to the office might look like this summer and fall. I read two great posts this weekend talking about what this all means for knowledge workers and the companies that employ them: Imagine Your Flexible Office Work Future – Anne Helen Petersen.

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5 ways to be an ally to marginalized groups

Young Leaders of the Americas Initiative

Who lives on the periphery of your community and why? Marginalized groups exist nearly everywhere. They are people who are denied involvement or face limited involvement in social, economic, educational, political and/or cultural life. Targeting or ignoring one group can ultimately affect the whole society. Leslie Lefkow, deputy director for Africa at the organization Human Rights Watch , said: “The problem of discriminating against or marginalizing minorities is one where you’re setting the pre

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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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Does Atlantic Canada have a blueprint for rural revival in the post-pandemic era?

TechCrunch

Matthew Carpenter-Arévalo. Contributor. Share on Twitter. Matthew Carpenter-Arévalo is a former Google and Twitter manager and current CEO of Céntrico Digital , a Latin American-based digital agency. More posts by this contributor. In Latin America, the business of trolling threatens Twitter’s disruptive power. Can Bitcoin find its practical use case as a currency in Latin America?

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Can You Be a Successful Entrepreneur? (And What It Takes to Be the One)

Smart Hustle Magazine

I like Twitter more than any other social media platform. Why? This ever-popular microblogging platform has allowed me to witness many stimulating online discussions. Recently, I observed interesting conversations on ‘can everyone be a successful entrepreneur’ initiated by Smart Hustle Founder Ramon Ray and Shopify President Harley Finkelstein.

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7 Hints for Entrepreneurial Success from Hint Water Founder Kara Goldin

Entrepreneurs' Organization

Kalika Yap , an Entrepreneurs’ Organization (EO) member in Los Angeles, California, is founder and CEO of both Citrus Studios , a branding and design agency, and Orange & Bergamot , a creative agency for female founders. As the host of EO’s Wonder podcast , Kalika interviewed Kara Goldin , author of Undaunted and founder and CEO of Hint , which creates nutritious products that help people live healthier lives.

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Resilience

A VC: Musings of a VC in NYC

A friend and I dined last night at a restaurant that opened in our neighborhood last summer, in the middle of the pandemic. For the first six months of its existence, they could not welcome diners into the space that they had spent time and money creating. They carried on, figured out how to make money serving customers outside. As the NYC economy starts to recover, they are still standing.

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Why equality is not the same as equity

Young Leaders of the Americas Initiative

The words “equality” and “equity” look similar, sound similar, and even point to the same concept of fairness. So it is understandable if, at first, you think they mean the same thing. Understanding the difference between equality and equity is a great way to start thinking about treatment of others in your community and in your business. Put in the simplest terms, equality means “sameness,” and equity means “fairness.

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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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Address cybersecurity challenges before rolling out robotic process automation

TechCrunch

Alan Radford. Contributor. Alan Radford is regional CTO of One Identity and has a passion for helping organizations solve unique challenges in the identity and access management space. Robotic process automation (RPA) is making a major impact across every industry. But many don’t know how common the technology is and may not realize that they are interacting with it regularly.

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The Midwest’s Top Female Founders to Watch in 2021

StartupNation

“We always say unapologetically: we’re here to win, we’re here to win big, and our opportunity is big.” That was Lori Coulter, CEO and co-founder of Summersalt, speaking at the State of the Midwest Startup Community 2020. There’s no denying that women have made many strides in closing the gender gap in tech, but those trends haven’t necessarily been true for female founders.

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4 in 6 Encore Entrepreneurs Earn More Than Their Expectations, Reports a Survey

Smart Hustle Magazine

Are you thinking about starting your own business but putting off the idea because you just crossed fifty? If yes, then you’re making a big mistake. According to the latest Hiscox report, 68% of encore entrepreneurs (who start at fifty) earn more than what they used to do in their previous job. ‘When to leap in the business world’ always attract different opinions.

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YC Winter 2021 Batch Stats

Y Combinator

Today is our 32nd Demo Day, and 319 companies are presenting virtually. You can see a list of the companies that presented on-the-record in the YC Directory. Below are some stats about the YC Winter 2021 batch. YC W21 categories : B2B Software and Services – 46%. Consumer – 14%. Education – 4%. Financial Technology and Services – 15%. Healthcare – 12%.

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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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7 of the Biggest Business Mistakes in Modern History and What We Can Learn From Them

Entrepreneur's Handbook

“It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.” Continue reading on Entrepreneur's Handbook ».

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The Fundamentals of Flexible Workspace

GCUC

The day has come. We knew it was on its way. Coworking and flexspaces are headed into the spotlight as many companies begin to. The post The Fundamentals of Flexible Workspace appeared first on GCUC Community.

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Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave

TechCrunch

Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services. . Today, Bankly , a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2 million seed round. Founded by Tomilola Adejana and Fredrick Adams in 2018, Bankly is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria.

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How Startup Leaders Can Choose to Challenge the Status Quo, Build an Equitable Future

StartupNation

Today is International Women’s Day, a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity. This year’s theme is #ChooseToChallenge. The official website for International Women’s Day explains the campaign, stating: “A challenged world is an alert world.

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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.

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Jim McCann On How To Future Proof Your Business

Smart Hustle Magazine

Dave Kerpen , serial entrepreneur, author and speaker, hosted Jim McCann of 1800-Flowers on Clubhouse, in the Likeable Business Club. Jim McCann went from being a social worker having a home for boys to building the world’s largest flower company. We learned his story and so much more wisdom and insight in the Likeable Business Clubhouse room. Here’s a summary of the discussion and questions that Jim answered from Dave and the room moderators, such as Ramon Ray of SmartHustle.com , and the guest

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Deep Dive Mini Series: Prepping an Entrepreneur for a Deep Dive Meeting with Investors

The Seraf Compass

If you are helping an entrepreneur raise money, there is no way you are going to avoid one or more “deep dive” meetings. Whether you are working with the company’s very first investors, or trying to build out the syndicate for a round, once a founder makes a successful pitch to an investor or group of investors, the next step is always more involved.

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8 Lessons on Creativity from the Artist Who Sold a $69 Million Collage

Entrepreneur's Handbook

On the day Beeple’s collage sold for nearly $70 million in cryptocurrency, he did what he did for thousands of days before. He created an… Continue reading on Entrepreneur's Handbook ».

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Community of Cultivators: Edition 45

GCUC

Y’all, this week’s interview is coming at you from our home state of TX. We are super excited to be interviewing Lauren Brewer, Cofounder. The post Community of Cultivators: Edition 45 appeared first on GCUC Community.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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African payments company Flutterwave raises $170M, now valued at over $1B

TechCrunch

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billion. New York-based private investment firm Avenir Growth Capital and U.S. hedge fund and investment firm Tiger Global led the Series C round.

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4 Ways to Start Selling Online Today

StartupNation

If you think you’ve missed out on the e-commerce boom and should have started an online business long ago, here is some reassuring news: the industry’s rapid growth isn’t slowing down any time soon, and selling your products online has never been easier. Online sales were increasing steadily before the pandemic, but 2020 saw incredible growth. E-commerce sales grew more than 30% year-over-year in Q4 of last year, with U.S. sales reaching nearly $250 billion by Q4 of 2020.

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Changes in Consumer Behavior Inspired Retailers and Restaurants to Use Technology, Reports Square Study

Smart Hustle Magazine

COVID-19 has changed consumer behavior. Now, more and more people are expecting seamless digital experiences across industries. This means companies have to adopt the latest tools and technology to delight customers who are increasingly becoming digital-savvy. According to the latest Square study , retailers and restaurants are adapting to consumer behavior changes and turning to technology to grow in 2021.

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Fan Powered Royalties

A VC: Musings of a VC in NYC

Our portfolio company SoundCloud is introducing fan powered royalties to share revenues more equitably with musicians. The streaming music business pools its revenues and pays out based on a mathematical formula. There is no direct connection between a fan and artist. This graphic explains the existing model: What SoundCloud is offering is that direct connection, explained here.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l