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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

I recently wrote about the 12 tips to building successful startup communities. Failure in startups seems to now be embedded in startup communities like NY and LA. I’m absolutely certain it is critical to any startup community. 4:30 How did you come up with the idea of customer development? What brings you to LA?

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Mage aims to be the ‘Stripe for AI;’ raises $6.3M for developer tools to build AI into apps

TechCrunch

Mage , developing an artificial intelligence tool for product developers to build and integrate AI into apps, brought in $6.3 million in seed funding led by Gradient Ventures. We are like Stripe for AI, making it easier for developers to put AI into apps.”. Mage dashboard. Image Credits: Mage.

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Startup Community Engagement During Covid

Ecosystem Builder Hub

Much of what we do as startup community builders requires in-person interactions through workshops, meetups, and other events. But the Covid pandemic pushed the big pause button on in-person events that are the beating heart of many startup communities. We’re leaning heavily on our digital platforms to keep the community engaged.

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Hugging Face reaches $2 billion valuation to build the GitHub of machine learning

TechCrunch

These investors include Addition, Betaworks, AIX Ventures, Cygni Capital, Kevin Durant and Olivier Pomel. On the company’s website , you can browse thousands of pre-trained machine-learning models, participate in the developer community with your own model, download datasets and more.

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Activeloop snags $5M seed to build streaming database for AI applications

TechCrunch

Today the company announced a $5 million seed investment led by 468 Capital and CM Ventures with participation from Tribe Capital, Shasta Ventures and various tech industry angels. He says that there are 55 contributors to the open source project and 700 community members overall. Activeloop image database.

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Fitness app HealthifyMe to expand worldwide after raising $75M Series C from LeapFrog and Khosla Ventures

TechCrunch

The Bangalore-based company announced today it has closed a $75 million Series C from LeapFrog and Khosla Ventures, with plans to grow its user base in India, Southeast Asia and North America. HealthifyMe is the first Indian health tech startup LeapFrog has invested in, and Khosla Ventures’ largest investment in India to date.

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What is the Best CRM and Marketing Tech Platform for a New Private Equity/Venture Capital Fund?

David Teten VC

One of the first decisions we had to make in setting up our new VC fund, Versatile Venture Capital , was our CRM and marketing technology infrastructure. . I run PEVCTech , a community focused on this area. HubSpot doesn’t allow blocking of downloads and Docsend does, so we continue to use them. . Sharing decks: Docsend.