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Startup Business Funding: 5 Business-Breaking Misconceptions

Dream It

NOT spending time on the accelerator building the product. The most valuable resource the accelerator provides is the network, so use all my time to navigate that network. Being self-sustainable has given us a new perspective on startup funding, especially compared to what I experienced on my first accelerator run.

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How to Sell Your Roadmap Without Selling Your Soul

Both Sides of the Table

I can tell you from experience that they also value the networking that they get with their peer groups and we marketed this heavily. We would allow them to accelerate some Q3/Q4 initiatives to Q1/Q2 if they would fund the development. Often 2-3 customers would band together to fund an accelerated plan. Only the scrappy survive.

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Daily Crunch: Thousands of Google Play users download Android banking trojan

TechCrunch

But big companies are following the wave with big efforts, including Microsoft teaming up with “accelerators and incubators across the continent,” we wrote today, to “support 10,000 startups in Africa over the next five years.” And there was even more, of course: MyPlace raised nearly $6 million for a home-sharing social network, Apollo.io

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AllTrails raises $150M after Covid accelerates people’s interest in exploring the outdoors

TechCrunch

Following a Covid-driven boost, the popular AllTrails resource for hikers, bikers, climbers, and anyone else who enjoys the outdoors, announced today it’s raised $150 million from the growth fund of global private equity firm Permira to further accelerate its business.

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How to Fix a Racially Biased Venture Capital Model and Commit to Diversity in Entrepreneurship

StartupNation

Venture capital is driven by relationships and many investments are sourced via personal referrals, usually through one’s direct networks. Investors’ networks tend to mirror themselves. So, if your own network lacks diversity and you rely on your network for deal flow, how can you expect to see startups led by diverse founders?

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Discord is close to closing a round that would value the company at up to $7B

TechCrunch

Discord’s doubling in corporate value comes as the persistent, inept, American response to the COVID-19 pandemic continues to accelerate the adoption and growth of businesses creating virtual social networking opportunities. Those opportunities are apparent in Discord’s explosive growth.

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What are the most valuable recommendations in order to raise money from VCs connected via Gust?

Gust

A download link is sent to you automatically by Gust once you create your profile, and the book is exactly what it says. There’s no use banging your head against a VC’s door with a social network venture if they only invest in biotech companies. Gust takes advantage of the cloud, and you should, too.

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