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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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Five common misconceptions about building a startup in New York City

This is going to be BIG.

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. My company was not well executed enough to achieve venture capital financing—and that wasn’t the city’s fault, it was mine. I was there, too. They’re not “dumb Wall Street money”.

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The Anatomy of a Pitch

Entrepreneur's Handbook

Solution: develop more accurate mental models of how venture capital works and how humans make decisions under uncertainty. Each founder, in turn, develops coping mechanisms to gain control over the unknown, however illusory. Or are they just going through the motions to please a VC? Are they making an educated bet or gambling?

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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. Founded in 2020, Ellipspace specializes in developing advanced satellites capable of integrating remote sensing technology. It will provide database support for the future development of smart Earth.

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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. The fun part?

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Spain’s ten-year plan to put startups in the economic driving seat

TechCrunch

The broad-brush goals for the strategy are to increase growth in startup investments; attract and retain talent; promote scalability; and inject innovation into the public sector so it can bolster and support Spain’s digital development. ” Lime scooters outside El Retiro Park in Madrid (Image Credits: Natasha Lomas/TechCrunch).

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