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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

Rebag , which buys, sells and trades luxury items like handbags and accessories, raised a $33 million Series E round following a year of technology development and category expansion. Gorra intends to use the new capital to continue technology development on those tools, to add to Rebag’s workforce of 150 people and expand its marketing.

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Cultivating a Practice of Diversity, Equity, and Inclusion in Ecosystem Building Programs

Ecosystem Builder Hub

It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do. A prerequisite to incorporating specific techniques is a fundamental mindset and world view of why DEI is crucial to equitable economies. It’s not an afterthought. It is the whole thought.

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The Future of Hospitality is Here

Revolution

and by substantial amounts of invested capital in formal amenities required by incumbent brands that are frequently cost centers rather than profit centers (lobby restaurant, room service, etc.). Real estate remains a large, established multi-billion dollar category where lots of things continue to be done in lots of old fashioned ways.

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DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

TechCrunch

The Israeli startup provides software-based internet routing solutions to service providers to run them as virtualized services over “ white box ” generic architecture, and today it is announcing $262 million in equity funding to continue expanding its technology, its geographical footprint, and its business development.

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Why Taking a Customer-Centric Approach Significantly Reduces Risks and Increases Your Chance of Success

StartupNation

Therefore, entrepreneurs should start with developing a deep understanding of the customer’s problem and launch only when they are sure they can deliver the customer a solution to their problem. Bonobos found the white space in the market and developed a niche product. They are taught and believe that they should “fail fast.”

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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. If you’re an investor who’d like to participate in future surveys, fill out this form.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses – tech or otherwise – fail. In our industry we applaud the efforts for entrepreneurs to have tried and we know that today’s failure can bring the experience for tomorrow’s success. Yet I can’t help thinking there are many predictable failures that come from a lack of basic planning. Market Size.