Thu.Aug 08, 2024

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Risk, insanity, and the 50% startup rule!

Berkonomics

Fifty percent of all businesses formed will fail within the first two years. There are many variations of this number since there are a number of ways to measure failure. But the number is a startling reminder that creating a business is not easy, nor is it any assurance of success. How to define “success” for a startup? After speaking with many entrepreneurs over the years, each defines success in his or her unique way.

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Snowflake's 4 Areas of Investment in AI

Tomasz Tunguz

In a recent Office Hours, Baris Gultekin, Head of AI at Snowflake & a friend from Google, shared his insights into Snowflake’s approach to AI. It was a great conversation to understand how one of the leading data companies is pushing AI forward. The video for the session is here & the audio is here. There are four major pushes for Snowflake within AI.

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GCUC Podcast Recap: Ernest Lee

GCUC

GCUC Podcast Recap: Ernest Lee In an industry where innovation and disruption are the norm, citizenM hotels has carved out a unique niche for itself. With its modern, design-led.

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[BlueGreen Water Technologies in Newswire] Beware the Bloom! Watch Out for Dog-Killing Blue-Green Algae

OurCrowd

WASHINGTON, DISTRICT OF COLUMBIA, UNITED STATES, August 8, 2024 /EINPresswire.com/ — As pet owners head to area lakes to cool off this August, water scientists are sounding the alarm about outbreaks of toxic blue-green algae and their risks to pets. BlueGreen Water Technologies (BlueGreen) is using its Beware the Bloom!

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

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Lesson #362: Firing Long-Term Employees is Hard, But May Be Necessary

Red Rocket

I consulted a client that had to do something they had never done before—they had to cut a long-term employee that had been with the company for over 5 years. Once an employee has been with a company for that length of time, they have basically become “family”, so that is the equivalent of cutting your “brother or sister.” And, most employees that get to 5 years of service, must have been doing something right during their employment, otherwise they wouldn’t have lasted that long.

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Lessons from a Voyage

Continuations

I have just returned from an exciting voyage: crossing the Atlantic on a sailboat. You can find updates from along the way on the J44 Frolic website , Twitter/X and Instagram accounts. In this post I am gathering up my lessons learned. Some of these are just about sailing, in particular passage making, and some are broadly applicable life lessons. Offshore sailing is intense.

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Taiwan’s BBTruck Aims for Global Expansion with $6.5 Million Pre-Series A Funding

AsiaTechDaily

Taiwan’s BBTruck, a Taiwan-based startup in supply chain and logistics technology, has successfully closed its pre-Series A funding round, raising a total of $6.5 million. Oasis Venture, H2U Corp.