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Extra Crunch roundup: Build a founding team, choose a VC and recruit your board

TechCrunch

ThoughtSpot CEO Sudheesh Nair shared some of his thoughts about building a sturdy leadership team and drafted a thorough checklist for entrepreneurs who are putting a crew together. Use discount code ECFriday to save 20% off a one- or two-year subscription. . The composition of the board can also impact your fundraising.

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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The program will support small-scale developers that have completed at least two – but no more than five – commercial and/or mixed-use properties of similar scope.

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IdeaPAD case study: How do you define and build value for an existing product?

Paul G. Silva

The product was useful to their business as a marketing and operations tool, but they wanted to build it into something more. Previous companies using the IdeaPAD scaled their product by 10x or became leaders in their space. Review the top ideas, and senior leadership can then make decisions on which ideas are worth pursuing further.

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How to Manage a Board

Y Combinator

One of the most common questions we hear from founders is “How do I manage my board?” It’s something that provokes anxiety, because this is the first time the founder/CEO is subject to external supervision, and the board has powers that include the firing of the CEO and the senior management. But first, what’s the purpose of a board?

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The two powerful skills every 10X entrepreneur needs

Entrepreneurs' Organization

Martin Bell, who sits on Arowana’s advisory board, founded 100tasks.com to democratize entrepreneurship and is an expert in launching and hyper-scaling companies. Within only 100 days, new leadership transformed the tech platform, marketing mix, and rider operations–elevating it from laggard to leader.

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TravelPerk adds $115M to equity and debt Series D, discloses unicorn valuation

TechCrunch

That said, it’s not clear how much of the $115 million tranche is equity versus debt — a spokeswoman for the startup declined to provide a break down or a clear answer when we asked, saying only: “This round is a mix of equity and debt funding.” The final tranche of the D round was led by U.S. based rival NexTravel.

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Managing Director

Forward Cities

General Management & Leadership. Leading, managing, and holding the leadership team accountable for achieving agreed-upon commitments in alignment with organizational values and culture. Ensuring the leadership team is healthy, functional, and cohesive. Using both skills to evolve our core processes. RESPONSIBILITIES.