article thumbnail

Social AI Platform Chai reaches 100M+ Chats, Strategic CoreWeave investment announced

American Entrepreneurship

The two plus year old startup founded by William Beauchamp in 2021 just announced that CoreWeave , the leading specialized GPU cloud provider, is investing in Chai. This brings total capital invested to date to $10 million, giving Chai a $450 million valuation.

article thumbnail

5 Ways E-Commerce Entrepreneurs Can Make More Data-Driven Decisions in 2022

StartupNation

All of these things can, and should, be supported by data. Collect strong data to optimize supply chain. One supply chain startup, Logmore, describes how they’ve used data to solve supply chain issues , especially with perishable items. Says the company, “Data is not collected from where it should be.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

TechCrunch

But in a bid to support its transition from an insights company to a data company and buoyed by this new investment, Stears is planning a strategy modification for the Pro product. So far, the company’s strategy seems to be paying off. According to Ideh, the seed investment will take Stears from a v2.0,

VC 93
article thumbnail

5 Myths About Developing Your Startup’s MVP

Entrepreneur's Handbook

Virtually zero investment, and in return, he learned that there was a market for shoes online and which ones appealed the most — instant market knowledge and research. Myth Three — What An MVP Is I have heard MVPs described as a launch strategy, but that fails to explain what it is. Many MVPs fail simply through bad data collection.

article thumbnail

How to Make $100,000 from an Online Event

Entrepreneur's Handbook

Increased data collection: Online events offer greater opportunities for data collection , including attendee demographics, behavior, and preferences. This data can be used to improve future events and marketing efforts. Another ticket pricing strategy is to price your tickets at approximately $10 per speaker.

article thumbnail

The Measurement Trap

Ian Hathaway

It reminds me that what gets valued in entrepreneurial ecosystems tends to be the tangible factors that can easily be counted, like the amount of investment capital or the number of startups, instead of the intangible factors that more fundamentally drive system value, such as social capital or tacit knowledge.

article thumbnail

Fintech companies must balance the pursuit of profit against ethical data usage

TechCrunch

To retain market share, these institutions will need to continue investing in fintech so they can level up with convenience and personalization provided by new competitors while preserving trust and transparency. Customer data is an incredible tool, allowing banks to cater to all consumers wherever they fall on the financial spectrum.