Mon.Jun 21, 2021

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Analog Summer

A VC: Musings of a VC in NYC

It is officially summer now and with adult vaccination rates passing 70% in many parts of the US, people are out and about. I’ve heard the term “analog summer” used to describe this moment. If the past 15 months have been a digital lockdown, then the next three months are going to mark a return to analog activities; beaches, parks, concerts, bars, restaurants, nightlife, etc, etc.

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How To Properly Set Achievable and Meaningful Goals

Smart Hustle Magazine

Objectives and Key Results aka OKRs are a hugely popular way of setting goals. But like any framework and tool, when used badly it can cause issues, yet when used well, can build happy, high performing companies and teams. In this post I want to explore some of the pros and cons of OKRs, and how you might approach betting all of the upside and none of the downside.

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Revolut revenue grew by 57% in 2020

TechCrunch

Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million in revenue (£261 million) — that’s a 57% increase compared to 2019 revenue of $229 million (£166 million). Interestingly, those revenue figures have been adjusted to include fair value gains on cryptocurrency assets — it means that Revolut holds some crypto assets on its balance sheet.

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Financial Freedom Is Impossible If You Don’t Find a Way to Make Money While You Sleep

Entrepreneur's Handbook

A passive income engine means more time and freedom to invest in meaningful experiences Continue reading on Entrepreneur's Handbook ».

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Music licensing marketplace Songtradr raises $50M

TechCrunch

Music licensing marketplace Songtradr this morning announced a $50 million Series D. The oversubscribed round — which features Regal, Aware Super, Perennial, Argo and Greencape — follows a $30 million raise last August , bringing the Los Angeles company’s total funding to north of $100 million. The platform licenses music to high-profile names for advertising, films, TV, gaming and the like, including Disney, Netflix, Apple, Coca-Cola, Amazon and Google.

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WaitWhat raises $12M to double down on what comes after podcasts

TechCrunch

As podcasting continues to gain ground among mainstream consumers as a digital media platform alongside music, video, and the printed word, a startup that made a name for itself through building content for the medium has closed a round of funding to help it explore what comes next. WaitWhat , co-founded by two of the people who helped conceive of and build the TED digital media empire, has closed a round of $12 million, led by Raga Partners, with Laurene Powell Jobs’ firm Emerson Collecti

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How to Close Clients Online Even When You’re a Beginner at Sales

Entrepreneur's Handbook

After closing clients worth $600,327, one tactic stands out. Continue reading on Entrepreneur's Handbook ».

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Electric utility bike startup Ubco raises $10 million to fund its global expansion

TechCrunch

Ubco, the New Zealand-based electric utility bike startup, has raised $10 million to fund a global expansion focused on the U.S. market and scale up its commercial subscription service business. . Ubco’s hero product, the Ubco 2X2, is an all-wheel drive electric motorbike that looks like a dirt bike but rides like a moped. What began as a solution for farmers to get around pastures and farms easily, safely and quickly has expanded to include an urban version of the bike that caters to fleet ente

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Fundraising Became Much Easier Once I learned Some Basic Math

Entrepreneur's Handbook

Entrepreneurs don’t need to know a lot of math, but they definitely need to know this Continue reading on Entrepreneur's Handbook ».

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Seed is not the new Series A

TechCrunch

Andy Stinnes. Contributor. Share on Twitter. Andy Stinnes , general partner at Cloud Apps Capital Partners , leads early-stage investments in cloud business companies and serves as active board member and adviser, offering operational support for portfolio companies based on his 20+ years in executive roles in business software. The incredible success of the cloud business applications space in recent years has driven up valuations and fundraising across all stages of venture investment.

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WJR Business Beat with Jeff Sloan: Navv Systems Gets $3.2 Million in Venture Funding (Episode 244)

StartupNation

On today’s Business Beat, Jeff talks to physician Daniel Siegal, CEO of Navv Systems , a Michigan-based company focused on hospital personnel location and equipment tracking and location services. The company just closed a $3.2 million venture fundraising round from some of the top venture firms in our region. Tune in to the Business Beat, below, to learn more about Navv Systems and the way this company is changing health care for good: Tune in to News/Talk 760 AM WJR weekday mornings at 7

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Maybe neobanks will break even after all

TechCrunch

The Exchange is back after its brief hiatus. Anna and I have some really neat stuff planned, so stick with us every morning this week. — Alex. Building a consumer-facing fintech company is expensive. And if you want to build one in a sector crowded by both incumbent companies and richly funded startups, it can be super expensive. That was the lesson we learned in late 2020 by examining operating results from a number of neobanks.

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How Kuula TV is Disrupting an Industry On the Back of the Pandemic

Entrepreneur's Handbook

Mariel Witmond is turning yoga teachers into business owners Continue reading on Entrepreneur's Handbook ».

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.

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NEWS: YouTube Small Biz Day on June 24 – First Ever

Smart Hustle Magazine

Want to get more out of YouTube and other Google offerings? definitely check out YouTube Small Business Day from Google. To celebrate and support small businesses on YouTube, we’re thrilled to announce the first-ever YouTube Small Biz Day , as part of Google’s International Small Business Week. We’re dedicating an entire day to helping businesses grow their YouTube presence, and it’s all happening on Thursday, June 24, at 9 a.m.

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Uber to become the sole owner of grocery delivery startup Cornershop

TechCrunch

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulatory filing Monday that it will purchase the remaining 47% interest in Cornershop in exchange for 29 million shares. The transaction is expected to close in July.

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6 Ways E-Commerce Startups Can Compete with Amazon Shipping (and Win)

StartupNation

Although it may seem like ages ago, many of us remember what an ordeal it was to order products online that were unavailable in our local stores. Back then, free shipping wasn’t available, and two-day shipping was exorbitantly expensive and reserved for nearly-forgotten birthday presents for the notoriously hard-to-please grandma. And if we needed pedestrian items like lightbulbs or toothbrushes, we would pencil in an immediate trip to Walmart.

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GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent

TechCrunch

Sari-sari stores are neighborhood stores in the Philippines that usually sell daily necessities and sometimes serve as community hubs, too. Today GrowSari , a startup that is digitizing sari-sari stores with features like pricing tools, inventory management and working capital loans, announced it has raised a Series B from several notable investors that brings its total funding to $30 million.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Choose a Profitable Niche for Your Business in 3 Simple Steps

StartupNation

You have an exciting new business idea and have been studying how to start a business. But have you chosen a niche yet? Focusing on a niche allows your business to excel and become known for that particular thing. While it may seem counterintuitive to limit your target market’s size, this is exactly what most successful companies do when they first get started.

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Equity Monday: China hates crypto, and the Vision Fund’s vision lives on

TechCrunch

Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets.

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What Is A Startup Studio?

Feedough

The startup ecosystem is booming like never before. There’s disruption. Read more.

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Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures

TechCrunch

MFast founders Phan Thanh Long and Phan Thanh Vinh. MFast , a mobile app that lets Vietnamese users in remote areas access financial services, announced it has raised a $1.5 million pre-Series A today. The round was led by Do Ventures, with participation from JAFCO Asia. . Launched in 2019 by fintech company Digipay, MFast says it has been used by 600,000 people to date.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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When to Stop Coaching a Struggling Employee

Entrepreneur's Handbook

The one thing you will never change is another person Continue reading on Entrepreneur's Handbook ».

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What does Red Hat’s sale to IBM tell us about Couchbase’s valuation?

TechCrunch

The IPO rush of 2021 continued this week with a fresh filing from NoSQL provider Couchbase. The company raised hundreds of millions while private, making its impending debut an important moment for a number of private investors, including venture capitalists. According to PitchBook data , Couchbase was last valued at a post-money valuation of $580 million when it raised $105 million in May 2020.

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[Locusview in Forbes] How Women Can Tap Into Billions In Biden’s Infrastructure Spending Bill

OurCrowd

Although Biden’s massive infrastructure spending bill has not yet passed, it still seems certain that the government will be committing close to $1 trillion to improve the nation’s bridges and roads and boost spending on childcare and healthcare. The bill is expected to generate millions of new jobs for Americans. Meanwhile, over 2.3 million women have left the workforce since February 2020 due to the Covid-19 pandemic.

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DataRails books $25M more to build better financial reporting tools for SMBs

TechCrunch

As enterprise startups continue to target interesting gaps in the market, we’re seeing increasingly sophisticated tools getting built for small and medium businesses — traditionally a tricky segment to sell to, too small for large enterprise tools, and too advanced in their needs for consumer products. In the latest development of that trend, an Israeli startup called DataRails has raised $25 million to continue building out a platform that lets SMBs use Excel to run financial planni

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.