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Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

TechCrunch

For instance, 2050 will contribute to Université Paris Dauphine’s class on the ecological challenges of the 21st century. And I’m glad to see that 2050 understands that tech investment isn’t just about financing private companies. Arguably, this is the most interesting part of 2050.

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Fishy business: Rooser raises $23M for its seafood trading platform

TechCrunch

Soon, the plan will be to incorporate more quality control tools, supply chain finance, personalization for buyers and sellers to connect more likely trades; and further down the line, the startup will also bring more business intelligence and analytics into the mix for its customers.

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The Anatomy of a Pitch

Entrepreneur's Handbook

Based on this distribution only a handful of companies raise 80% of total funding, and one or two outliers return 2/3 of the fund’s capital. It’s about who you know and your accumulated social capital. Solution: develop more accurate mental models of how venture capital works and how humans make decisions under uncertainty.

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Five common misconceptions about building a startup in New York City

This is going to be BIG.

The simple fact of the matter is that most startups seeking angel or vc capital just don’t receive it—and that’s just anywhere. It’s often some combination of the idea not being big enough to sustain a venture exit or the company just not being appropriate for venture financing. I was there, too. They’re not “dumb Wall Street money”.

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Hacking Innovation Education in New York

This is going to be BIG.

Teach ‘em Finance and Chase or Accenture will come and pick ‘em up 30 at a time. If schools are going to participate in the growth of NYC’s innovation ecology, they’re going to have to change the way they operate, or they’re going to get lapped and left behind. It was easy peasy. Same with students.

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China’s Ellipspace Receives 100 Million Yuan Funding for Satellite Innovation

AsiaTechDaily

Register Beijing-based technology company Ellipspace has successfully concluded a new financing round, securing 100 million yuan. Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? The funding round was led by Yulin Fund, with participation from Changsheng Fund.

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Holey Grail Donuts bites into $9M for Los Angeles retail expansion

TechCrunch

Four years and hundreds of long lines later, the truck is still there, but the company is taking on what co-founder Nile Dreiling calls “a stale $40 billion donut industry ” by expanding its presence into brick-and-mortar locations in Los Angeles after raising $9 million in financing.

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