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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

The startup ecosystem is a terrific manufacturer of bad fundraising advice. Any VC will tell you that the ones they said yes to, they mostly got there right away—and that there are very few “maybe” deals that get tipped over the fence. Don’t just let VCs ask all their questions and sit passively while they dictate your narrative.

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Build a company, not a feature

TechCrunch

It’s rarer still that companies built on a feature make for VC-investable companies with the potential for VC-scale returns. Startups often fall into the trap of writing off incumbents as too big to act, too clueless to know what customers want and too incompetent to deliver good products.

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So you want to launch an AI startup

TechCrunch

But it also could be the worst of times for founders thinking about launching an AI startup, especially one that can grow and be defensible against incumbents in a fast-changing environment. Their advice could help founders understand what they need to do to be successful and take advantage of this technological leap. What’s working?

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With $67M in new capital, NorthOne is doubling down on SMBs as some fintech companies pull back

TechCrunch

A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games. It also partners with organizations such as Profit First, a group that offers financial management advice to small businesses. Then there were those companies that existed well before the pandemic.

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Bites At The Apple, Sharpshooting, And Shots On Goal

Haystack

I do not have much experience with evaluating Venture Growth deals — but as the larger VC platforms have scaled, their funds have matured to the point where they have multiples bites at the apple. But, most important, when I started out investing, I was very lucky to get lots of smart advice.

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April taps AI to help personalize and autofill tax filings

TechCrunch

” Countless vendors offer online tax prep services, including incumbents like TurboTax and H&R Block. But as my colleagues Alex Wilhelm and Mary Ann Azevedo recently wrote , the pace of fintech investing has generally outshone the global VC boom. April is essentially a certified public accountant in your pocket, and with U.S.

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TechCrunch+ roundup: Creating financial models, UiPath’s plummet, pitch deck pro tips

TechCrunch

If your business requires a lot of preparation to understand the nuances before you meet the VC, you probably need to reframe your story a little bit and simplify,” she said. “You have two minutes to make an impression, so take out the things that are not must-haves.” H1 2022 cybersecurity product-led growth market map.