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Important Updates for Startups on the PPP and the CARES Act

Dream It

Apply through your company’s primary bank, or consider community banks and non-bank SBA-lenders for faster processing. Banks that have gone live include Bank of America, Wells Fargo, JP Morgan Chase, and many community banks, among others. UPDATE over $1,800,000,000 #PPPloan now processed by @SBAgov mostly all from community banks.

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Lean and Mean: How to Boost Startup Growth on a Shoestring Budget

Entrepreneurs' Organization

This roadmap, or strategic plan, doesn’t have to be an elaborate or intimidating document that ends up unused. Bootstrapping Fundamentals At the outset, your startup might be fueled entirely by bootstrapping — utilizing personal savings, minor loans from close ones, or the proceeds from your first sales for financing.

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7 Creative Financing Options for New Businesses and Startups

StartupNation

But financing isn’t always easy — especially if you’re the proud founder of a brand new business. You still have plenty of creative financing options to fund your business. You’ll need to think outside the box, but you’re bound to come across your “aha” financing moment in this article. Bootstrapping.

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What I did on my summer vacation: The First LP Close ($3.5mm) of Brooklyn Bridge Ventures

This is going to be BIG.

Two Sigma is a technology and finance company in Soho filled with incredibly bright engineers and developers, so I’m really excited about leveraging that partnership in a number of cool ways. That's what led me to open up an office in Brooklyn--where half of the people in the New York City startup community call home.

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Spolsky on Software on Both Sides of The Table

Both Sides of the Table

Communicating with the developers who write code. Working with writers to create documentation. There’s a big business in Finance working with Excel, but that’s an outlier. The software is not difficult to build and the hosting element has become a commodity; the hard part is building a community.

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Ocrolus lands $80M at a $500M+ valuation to automate document processing for fintechs and banks

TechCrunch

If you’ve ever had to take out a loan, you know just how many documents are involved in the approval process. Ocrolus is a startup that is hoping to change that with an automation platform that it says analyzes financial documents with over 99% accuracy. It’s a lot. We wanted to create a new way of doing this.

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“Bored” of Directors Can Become Clash of Titans

Gust

Yet I’ve rarely seen entrepreneurs more fired up than when recounting war stories of startups whose founders had control of the company wrested from them, were forced to take financing or compensation deals on outrageously onerous terms , or worst of all, fired from their own companies. ” and “A.F.”

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