Sat.Jan 19, 2019 - Fri.Jan 25, 2019

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Cision acquires TrendKite (Dreamit 2013) for $225 million

Dream It

Global PR powerhouse Cision announced today that it is acquiring Dreamit alum TrendKite in a deal valuing the startup at $225 million. TrendKite’s suite of analytics tools uses artificial intelligence to help brands monitor and measure their PR efforts. With Trendkite, brand marketers can understand how their earned media and communications marketing efforts affect corporate reputation, website traffic, revenue growth, and other business outcomes.

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Why Every Established Entrepreneur Should Be a Mentor

Entrepreneurs' Organization

Have you ever had a business mentor? If you have—and your experience was positive—then you understand how much you can gain from regular contact with someone who has been where you’d like to go. Now, have you ever thought about mentorship from the flip side? Most mentors say they get as much from the experience as their mentee does. In fact, some say it helps them build their leadership skills or emotional intelligence.

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Fund Investing Versus Fund Management

Haystack

When I started out investing (via a fund — not my money), I was just investing based on a simple schedule: About once a month, invest $25K into one company I liked. Pretty easy. Over the years, that check size grew slowly to $50K, then a few $100Ks, and I followed-on into a few at the $250K level, with two outsized pile-ins at $400K and $600K total exposure, respectively.

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How Much ARR Can a CSM Manage?

Tomasz Tunguz

How much can a customer success manager manage? I’d heard the wisdom of $1-2M in ARR per year and around 80 accounts. But I hadn’t come across any data. Last summer, Gainsight posted the results of their survey on the topic. The truth is most CSMs manage between $2-5M in ARR and somewhere between 10-500 accounts. But it varies by segment.

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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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New Global Survey: Everything You Wanted to Know About Coworking

Deskmag

How many people plan to open a coworking space in the future? What kind of people use coworking spaces and what is important to them? How many spaces are profitable? Knowing the answers to such questions helps us better understand the coworking movement and ensure sustainable growth. Good news - we publish the answers every year as part of the Global Coworking Survey in a variety of reports.

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Bites At The Apple, Sharpshooting, And Shots On Goal

Haystack

More often than not, I believe it is largely impossible to predict the shape of an outcome when making an initial venture investment. Investors, of course, will conduct significant due diligence, investigate sources, study trends and the competition — and much more. But, at the end of the day, the future is unknown and needs to unfurl naturally.

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Companies Giving to Charity – How Your Company Will Benefit by Giving

Turnkey Office Space

With all of the exciting new developments in the startup world – from disruptive technologies to apps that make your life easier, to the world of raising money – an often overlooked topic is startups and companies giving to charity – the social responsibility that successful startups have to giving back to the community.

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Is the JP Morgan Healthcare Conference out of control?

Health Tech Capital

For the last 30 years, I have been attending the Healthcare Conference started by Hambrecht and Quist that is now hosted by JP Morgan. Honestly this year I had very mixed feelings about its value!

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Building a Groundbreaking Platform for Mental Health Support With Passion and Purpose

Entrepreneurs' Organization

Vikram Beri is an EO New Delhi member and the director of business development at FieldKing , a manufacturer of farm equipment founded by his grandfather in 1978. In late 2018, Vikram celebrated the second anniversary of his youngest, perhaps most meaningful, startup. He shared the long story of building BetterLyf from his very first notion in the following article.

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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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Eugene Wei's Novel Mental Models for Technology

Tomasz Tunguz

In the car yesterday, I listened to an interview with Eugene Wei, who described the dynamics of consumer technology as if they were plain as day. It’s rare to hear someone lucidly describe complex topics like the reasons for Twitter’s success and struggles. Eugene wrote many of his ideas in this post though there are some ideas that I found only in the podcast.

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What about your previous company non-compete?

Berkonomics

Entrepreneurs tend to remain in the business niche they know best. Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Are you one of those? Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined.

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What about your previous company non-compete?

Berkonomics

Entrepreneurs tend to remain in the business niche they know best. Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Are you one of those? Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined.

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Serving the People First Enterprise

Tomasz Tunguz

Last year, I talked wrote 1% of Salesforce’s Revenue Makes a Unicorn. The post talked about the potential in the SaaS ecosystem for startups to identify underserved customers in existing installed bases of incumbents and build big companies serving them better. Kustomer is a customer support software business based in New York that is doing just that.

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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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Welcome, Travis Bryant!

Tomasz Tunguz

I’m thrilled to welcome Travis Bryant as an entrepreneur-in-residence (EIR) to Redpoint. I first heard Travis speak at a technology conference a few years ago. I noticed then that his thinking on go-to-market strategy is among the most modern in Startupland because it combines all of the key aspects of SaaS go-to-market in novel ways. Travis started his career in technology as an Oracle database administrator but moved into sales.

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