Tue.Nov 01, 2022

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Investing in Rewind

Andreessen Horowitz

Today’s digital workplace moves faster than at any point in history. We can communicate and collaborate in real-time—and around the world—across text, voice, video, and documents. We can share massive files with a URL and access an unquantifiable amount of … The post Investing in Rewind appeared first on Andreessen Horowitz.

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Retirable secures $6M to plan retirement for those without millions in savings

TechCrunch

Retirement plans are usually made by people who feel they can actually quit their jobs at a certain age and have enough money to maintain their lifestyle. But what about those who don’t? Several fintech startups are tackling this problem, including Retirable , which believes that retirement planning should be just as easy to get even if you won’t ever have millions of dollars set aside.

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Weekly 20: Why might your startup fail?

Entrepreneur's Handbook

Welcome to another edition of our new newsletter! You’ll receive the best practical startup advice straight to your inbox every week. In this week’s edition, we share: Reasons why startups fail (and how to fix it) What it’s really like to have your startup fall apart The Elon takeover in tweets Let’s do this. Why startups fail, and how to fix it As founder of six startups, advisor to founders, and a startup strategist at IMD ( #1 ranked business school ), Boris Manhart has seen many mistakes bei

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MedCrypt lands $25M injection to secure vulnerable medical devices

TechCrunch

The Internet of Things in the healthcare sector is booming. A typical hospital has hundreds of connected devices, from implantables, wearables, monitors, workflow and imaging to patient data systems. But while these devices are helping healthcare providers automate workflows and reduce the risk of error, common security vulnerabilities found in these devices are also endangering patients.

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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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How Will You Reach Millions of Customers?

Entrepreneur's Handbook

Go-to-market strategy is the leading cause of startup death Continue reading on Entrepreneur's Handbook ».

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Cutting R&D to Grow GTM Spend : Is it Happening Across Software Companies?

Tomasz Tunguz

During Office Hours with Lee Kirkpatrick , Lee recalled managing a startup through a downturn. The business cut R&D spend to conserve cash. By prioritizing sales & marketing, the company successfully lengthened runway to increase revenue, which eased the subsequent fundraising. I wondered if a similar pattern existed in the public software markets.

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Daily Crunch: Amazon expands music catalog from 2M to 100M songs for Prime subscribers

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. The discussion is on in the newsroom as to whether folks are eager to pay between $8 and $20 per month for their blue checks on Twitter. Alex’s take was particularly sharp… “ Not in the mood to finance your vanity project ,” indeed. — Christine and Haje.

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3 Life Lessons I Learned from One of the World’s Best Known Executive Coaches

Entrepreneur's Handbook

Marshall Goldsmith unpacks the principles of creating a regret-free life that goes beyond success. Continue reading on Entrepreneur's Handbook ».

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Blackbird’s latest $1B AUD fund signals maturation of Australian, New Zealand venture scene

TechCrunch

The Australian and New Zealand startup community will see a boost in funding this year. Blackbird, a VC fund based in the two south Pacific countries, on Wednesday closed a fund at over AUD $1 billion, which is about USD $640 million, which the firm says is Australia’s largest fund to date. This is Blackbird’s fifth fund, and it’s double the size of the VC’s last fund which closed in August 2020.

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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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Qwick raises VC money to match gig workers with hospitality jobs

TechCrunch

Leisure and hospitality workers are quitting at the highest rates of any industry. About 1 million left the workforce in November 2021 alone, according to the U.S. Bureau of Labor Statistics. Why? Seasonality, low pay and monotonous work are among the reasons for the hospitality industry’s churn rate, as well as a perceived lack of career advancement.

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How Metafy founder Josh Fabian caught the attention of 776 by building in public

TechCrunch

In over a decade of investing in startups, Reddit co-founder Alexis Ohanian has only once offered to fund a founder on the spot. That founder was Josh Fabian, CEO of Metafy, a video game coaching platform. “We were able to just engage and talk like humans, and Josh told us his story in a very different way,” said Katelin Holloway, a founding partner at 776, where Ohanian is general partner. “Not only was it incredibly compelling from a business perspective, it was incredibly co

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TechCrunch+ roundup: 2022 R&D tax prep, social media for founders, managing remote teams

TechCrunch

As director of Techstars’ startup pipeline, Saba Karim spends much of his time touting the ways entrepreneurs can benefit by joining an accelerator. But is it the right choice for every founder? After he posted a thread on Twitter offering several rationales explaining why some should definitely avoid them, I invited him to adapt it for a TC+ guest post we published yesterday.

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HR employee benefits platform Fringe raises $17M to offer customizable perks

TechCrunch

Fringe , an HR tech startup enabling companies to offer customizable perks and benefits to employees, today announced that it raised $17 million in a funding round led by Origin Ventures and Felton Group. CEO Jordan Peace says that the proceeds will be put toward growing the team from 72 employees to more than 100 by the end of the year, developing product, and expanding Fringe to more countries.

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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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Evolito, with an axial-flux motor lighter than Tesla’s, starts ramping up its team

TechCrunch

Last year YASA, a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz to develop ultra-high-performance electric motors for Mercedes’s AMG.EA electric-only platform. YASA’s axial-flux electric motors had previously garnered a reputation for efficiency, high power density, small size and low weight. However, the team behind YASA did something quite clever.

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Unicorns face 5-1 odds as they wait for public markets to warm

TechCrunch

Earlier today, The Exchange dug into changing investor sentiment regarding growth and profitability. A new report looking at cloud and software companies from Battery Ventures ran the math on how investors are rewarding faster growth from less unprofitable companies — dare we say, profitable companies? — with the data indicating that, at least for now, growth is no longer enough to maximize corporate value.

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How our startup made it through 2 recessions without relying on layoffs

TechCrunch

Sachin Gupta. Contributor. Share on Twitter. Sachin Gupta is the CEO and co-founder of HackerEarth. He was formerly a software developer at Google and Microsoft, and now oversees HackerEarth's sales, marketing and general operations. More posts by this contributor. Fighting the ‘copycat’ stigma in SaaS: 3 tricks that work. Entrepreneurs deploying capital often face two major challenges: operating at scale and navigating unforeseen market conditions.

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Metrist raises $5.5M to provide better cloud service outage data

TechCrunch

Metrist , a startup that helps IT teams stay on top of outages among the many cloud services they use to run their own applications, today announced that it has raised a $5.5 million seed round from the likes of Heavybit , Morado Ventures , as well as PagerDuty co-founder Alex Solomon and StatusPage co-founders Scott and Steve Klein. The overall idea behind Metrist is pretty straightforward, but there are surprisingly few companies doing this.

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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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MLOps platform Galileo lands $18M to launch a free service

TechCrunch

Galileo , a startup launching a platform for AI model development, today announced that it raised $18 million in a Series A round led by Battery Ventures with participation from The Factory, Walden Catalyst, FPV Ventures, Kaggle co-founder Anthony Goldbloom and other angel investors. The new cash brings the company’s total raised to $23.1 million and will be put toward growing Galileo’s engineering and go-to-market teams and expanding the core platform to support new data modalities,

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Are investors really paying more for profits than growth today?

TechCrunch

What’s better: growing quickly or making lots of money? The answer, in startup terms, is both. But because there is a natural tension between growth (which usually comes with incremental costs, often in advance of new revenues) and profitability (allowing revenue to further extend its coverage of operating costs), most startups lean more on the growth side of the equation.

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Prepare to amortize: Inflation may spell doom for R&D tax expensing

TechCrunch

Andrew Leahey. Contributor. Share on Twitter. Andrew Leahey is a solo tax, finance and technology attorney in New Jersey. Research and development (R&D) tax breaks are a set of tax incentives intended to attract firms with high research expenditures to the United States. They’ve existed for going on 70 years, but the Tax Cuts and Jobs Act (TCJA) in 2017 changed how they can be expensed.

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Digital card and gifting platform Givingli nabs $10M

TechCrunch

Three years ago, Ben and Nicole Emrani Green were planning their wedding and decided to go digital with registries to save on money and materials. But when it came time to gift others, while they preferred going the digital route — as they did with their wedding — they found that digital gifting platforms on the web didn’t meet their criterion. “We noticed there was no platform we would actually want to use,” Nicole Green told TechCrunch in an email interview. ̶

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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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16 months after its IPO, UK online retailer Made.com prepares for administration

TechCrunch

Made.com , a U.K.-based e-commerce company that sells furniture and related home accessories across seven European markets, is bracing for insolvency as it confirmed plans to appoint administrators after failing to find a buyer. Founded in 2010, Made.com emerged as something of a darling in the U.K. startup sphere for the way it worked with select partners to optimize the entire furniture design and manufacturing process, while keeping its overhead down through a mostly online platform (though i

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Samsara Eco raises $54M AUD for its ‘infinite plastic recycling’ tech

TechCrunch

Samsara Eco , an Australian startup that uses enzyme-based technology to break down plastic into its core molecules, announced today it has raised $54 million AUD (about $34.7 million USD) in Series A funding. The company is planning to build its first plastic recycling facility in Melbourne later this year, with the target of full-scale production by 2023.

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Meet Crowd.dev, an open source user-led growth platform for fostering developer communities

TechCrunch

Community-led growth (CLG) has emerged as a popular mechanism for driving business, as companies strive to foster an ecosystem of fervent users that draws in new customers organically, serves as a support network for millions and bangs a company’s drum completely off its own volition. Businesses such as Stripe, Slack, Canva, Notion and Figma have grown substantially off the back of their respective communities, which in turn has led to a slew of new technologies dedicated to helping such b