Thu.Feb 16, 2023

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Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves

TechCrunch

Stelo Labs , a web3 security company, raised $6 million in a seed round led by Andreessen Horowitz, the company exclusively told TechCrunch. The company was co-founded by Ben Scharfstein, CEO, and Aman Dhesi, CTO. Both have backgrounds in product management — Scharfstein worked at Google, and Dhesi held roles at Facebook, DoorDash and Square. Stelo Labs’ goal is to make web3 “safe and understandable for everyone,” Scharfstein said.

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Passion for fashion and entrepreneurship earns student full ride to Rider University

American Entrepreneurship

Brianna Bogos, a senior at Bishop Eustace Preparatory School in Pennsauken Township, New Jersey, is the winner of the 2023 Norm Brodsky Business Concept Competition. Bogos pitched her business idea to a panel of judges live on Jan. 28 during Rider University’s annual competition, earning her a full, four-year tuition scholarship to the University. “It takes a huge financial burden off my shoulders and allows me to focus on my education and growing my business,” she says.

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A comprehensive list of 2023 tech layoffs

TechCrunch

Last year’s tech-wide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google , Amazon , Microsoft , Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The reasoning behind these workforce reductions follows a common script , citing the macroeconomic environment and a need to find discipline on a tumultu

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Whether a Large or Small Business, Sales Leads Must be Qualified

American Entrepreneurship

Having a process to pursue the bests leads saves time and money Whether you are part of a large company, a solo small business owner or you have successfully brought on individuals to handle sales, optimizing the efficiency of the sales process is critical to your company’s success. A combination of good processes being followed with discipline and the right talent will yield the best results.

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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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Binance-backed web3 gaming startup Unagi gets funding to expand fantasy sports platform

TechCrunch

Web3 gaming company Unagi today announced a €4.7 million ($5 million) seed round of funding, as the French startup prepares to expand its NFT fantasy sports platform beyond football (“soccer”) and into the basketball realm. Unagi, which doesn’t yet have its own website, was founded out of Paris by Charlie Guillemot , son of Ubisoft co-founder Yves Guillemot and formerly studio manager at Owlient, a free-to-play game studio acquired by Ubisoft back in 2011; and Remi Pellerin , a

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Dash CEO placed on ‘indefinite administrative leave’ as the Insight-backed startup carries out financial audit

TechCrunch

Prince Boakye Boampong , the founder and CEO of Dash , which provides an alternative payment network with connected wallets allowing interaction between mobile money and bank accounts in Africa, has allegedly been temporarily suspended pending an investigation into financial impropriety, according to people with direct knowledge of the situation. Boampong founded the Ghanaian fintech in 2019 and is one of Africa’s well-known serial entrepreneurs after co-launching OMG Digital , a YC-backed Ghana

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6 Ways Startups Can Determine Their Valuation: A Comprehensive Guide to Understanding Your Worth

Jason Malki

Discounted Cash Flow (DCF) Analysis DCF analysis is a valuation method that takes into account a startup’s expected future cash flows. This method calculates the present value of future cash flows by applying a discount rate that reflects the business’s risk. Angel investors and VCs prefer this method as it is a quantitative approach that relies on future projections.

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Daily Crunch: Dash board temporarily suspends CEO as company investigates financial impropriety

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. It’s Fridayyyy. Tomorrow. We had you there for a moment, though, didn’t we? The most interesting story for the VC and startup nerds among us comes from Connie today. A class-action lawsuit just dropped that accuses Sequoia Capital, Paradigm and Thoma Bravo of promoting FTX to the detriment of its users.

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Need Funding? Here’s What to Know about Angel Investors and 3 Tips to Win Them Over

StartupNation

Has there been a better time to start your own business? Industries are ripe for disruption. Tech companies… The post Need Funding? Here’s What to Know about Angel Investors and 3 Tips to Win Them Over appeared first on StartupNation.

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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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Singapore-based Transcelestial uses lasers to build affordable internet networks

TechCrunch

Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore and the United States.

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Four Things Entrepreneurs Don't Need, According to This Outdoor Adventurer and Creative Founder

Entrepreneur - Entrepreneurs Category

How L. Renee Blount built a business around her love of the outdoors, storytelling and a healthy dose of whimsey.

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Planetarians grabs $6M to get its plant-based protein into foodservice orbit

TechCrunch

A $6 million venture capital infusion is helping Planetarians , a San Francisco–based company creating whole cuts of plant-based protein, move to its next phase of commercial production. Aleh Manchuliantsau and chef Max Barnthouse founded Planetarians in 2013 as a nutritional drink company. They funded it with a mere $500 and sold 1 million servings, but they were also competing with the likes of Soylent , which had Andreessen Horowitz money behind it, Manchuliantsau told TechCrunch.

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Avilar Therapeutics Increases Financing to $75 Million to Advance Pipeline of Novel Extracellular Protein Degraders

American Entrepreneurship

New investors Sanofi Ventures, Medical Excellence Capital, and Astellas Venture Management join syndicate with founder RA Capital Management Funding supports advancing multiple first-in-class degrader pipeline programs for the treatment of autoimmune, neurological, and other diseases driven by pathogenic extracellular proteins WALTHAM, Mass., February 16, 2023 – Avilar Therapeutics , a biopharmaceutical company focused on extracellular protein degradation, today announced it has raised additiona

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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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Ledge aims to build automation tools for finance teams

TechCrunch

The rapid adoption of digital payments has become a great challenge for finance teams. According to one report , teams spend as much as 40% of their time processing transactions. To blame is disparate, unstructured data, they say. In a separate survey , 48% of teams peg fragmented data as the largest impediment to closing their books. Tal Kirschenbaum is well acquainted with the struggle.

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Why Entrepreneurs Must Adopt a Failure-Tolerant Mindset

Entrepreneur's Handbook

You are the protagonist in your life. Don’t be the antagonist.

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Sequoia backs open source data-validation framework Pydantic to commercialize with cloud services

TechCrunch

Pydantic , the popular Python library and open source data-validation framework used by some of the world’s biggest companies, has a new commercial namesake and the backing of one of Silicon Valley’s most storied venture capital (VC) firms. Pydantic Services Inc. emerges from stealth today with $4.7 million in seed funding led by Sequoia , with participation from ParTech , Irregular Expressions and a host of angel investors, including Zapier co-founder Bryan Helmig , dbt Labs founder

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SPV Fund Administration Vendor Reviews and Comparison

David Teten VC

If you’re managing an SPV, which fund administration vendors should you use? Landon Ainge gave us permission to publish his detailed evaluation of the SPV support landscape, including AngelList, Vauban, Allocations, Savvi Legal, Venture360, Finally, Sydecar, Canopy, Flow (I’m an investor via HOF Capital), Syndicately, Two12, SPV Hub, Formidium, Odin, PropelX, AM Advisors, Qualitas Fund Admin, Nth Round, SmartFunds, Loon Creek, Verivend, HC Global (my fund admin), Dealum, Specialsituations, and S

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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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Unlock Your Business Potential with the 10–80–10 Formula: The Secret to Scaling Your Creative…

Entrepreneur's Handbook

Cloning yourself isn’t necessary.

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[Appdome in PR Newswire] Appdome strengthens go-to-market leadership to meet accelerating demand for mobile cyber defense automation

OurCrowd

REDWOOD CITY, Calif., Feb. 16, 2023 /PRNewswire/ — Appdome, the mobile economy’s one and only Cyber Defense Automation platform, today announced that it has expanded its global leadership team to meet increasing demand for its Mobile Cyber Defense Automation and Mobile XDR products. Appdome adds new sales, marketing and solutions executives with deep cyber, anti-fraud, and workforce automation experience to respond to the fast-emerging role Appdome plays in the mobile economy.

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So that founder you backed turned out to be problematic. Now what?

TechCrunch

Venture capitalists often say that they don’t just back a company because of its vision, but also because they believe in the founder or founding team and think they’re the right people to execute the startup’s goals. However, being the right person to bring an idea to fruition has no correlation with being a good CEO or manager of a resulting startup, and investors may find themselves tied into a yearslong relationship with someone who turns out to be problematic.

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10 Best Practices Successful Companies and Marketers Follow

StartupNation

The best companies employ the best practices. Easy to say, right? But not so easy to do. Here… The post 10 Best Practices Successful Companies and Marketers Follow appeared first on StartupNation.

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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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5 buyer red flags to look for during the M&A process

TechCrunch

Marina Martianova Contributor Share on Twitter Marina Martianova, founder and CEO of Seamm , is a serial entrepreneur who launched her first startup at the age of 21. The global mergers and acquisitions market skyrocketed in 2021, with a total of nearly $6 trillion in deals recorded that year. The pace of deal-making slowed somewhat in 2022, but the market is again picking up steam, with large acquisitions making up 28% of total deal value last year.

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13 Guides to Help You Navigate—and Leverage—AI and ChatGPT

StartupNation

Artificial intelligence has become, seemingly overnight, a focal point for the business world and a battleground for corporate… The post 13 Guides to Help You Navigate—and Leverage—AI and ChatGPT appeared first on StartupNation.

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Lightspeed backs CommandK’s mission to become the go-to enterprise security command center

TechCrunch

CommandK , a startup offering a dedicated platform to manage enterprise security, has raised $3 million in a seed round led by Lightspeed. Companies accumulate a lot of sensitive data and store secrets, such as API tokens, SSH keys and personally identifiable information. But protecting that is a complex task and requires state-of-the-art security prowess.

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About personal use of corporate assets

Berkonomics

Here’s the IRS take on the issue: It is no secret that the IRS carefully looks below the surface for personal use of company assets (including cash) in its corporate income tax audits. This insight addresses more the impact of such behavior upon the actions of employees and others who observe that behavior from a senior manager or owner of a business – and know that they cannot say anything about it without jeopardizing their jobs.

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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.