Wed.Jan 12, 2022

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Women millionaire founders under 35: Three different journeys

Entrepreneurs' Organization

Contributed by Libby Rothschild , EO New Jersey, the founder of Dietitian Boss , an online education and coaching platform that shows registered dietitians how to start, grow and scale a virtual private practice. In photo, from left: Christine Yaged, Justine Tiu and Libby Rothschild. Hitting the million-dollar mark isn’t easy—as every founder who has done so will tell you.

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Exciting Protocol Lead Opportunity

A VC: Musings of a VC in NYC

Last month our portfolio company Kickstarter announced the creation of a protocol organization that will develop a web3 protocol for the crowdfunding of creative projects. They are now assembling a protocol team and are talking to candidates to lead that effort. The protocol lead role is an exciting one that combines product leadership, smart contract development, team management, and a lot more.

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Nigeria’s SeamlessHR raises $10M to expand HR and payroll solutions across Africa

TechCrunch

Africa’s appetite for cloud computing software continues to increase as connectivity and bandwidth opportunities push boundaries. Per reports, the continent’s cloud computing industry coupled with the Middle East is expected to grow to $31.4 billion in 2026 from $14.2 billion last year. SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has rai

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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

We reached out to Brianna Ellison, director of community engagement for Verizon, as part of our initiative to bring the Verizon Small Business Digital Ready program to Michigan entrepreneurs and aspiring business owners. Brianna Ellison. From marketing tools to one-on-one mentoring, learn more about what Verizon is doing to help small businesses in Detroit and throughout Michigan in this Q&A.

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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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Checkout.com raises $1B round at $40B valuation

TechCrunch

Payments company Checkout.com isn’t just a unicorn — it has closed a $1 billion Series D funding round. Following today’s round, the company is now valued at $40 billion. That’s a stark increase compared to last year’s valuation. With its Series C round , the company raised $450 million at a $15 billion valuation — it represents a 167% valuation jump in 12 months, which is not too bad.

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Placer.ai, a location analytics startup, finds $100M at a $1B valuation

TechCrunch

Many of us are moving around these days a lot less than we used to — because of COVID, we’re working from home instead of an office; and we are traveling and going out less. Now, as we shift back into more “normal” behavior, a startup that’s helping to better understand where and how we are getting around has picked up a significant round of funding.

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How COVID-19 Has Impacted the Gig Economy (and How Freelancers Can Pivot)

StartupNation

It’s hard to see any area of work and life that has been left untouched by COVID-19. This unprecedented pandemic has impacted industries and businesses of all sizes, and that includes the gig economy. In March, media like The New York Times predicted the erosion of the gig economy. However, many months later, the reality is that there has been an adverse impact , but there has also been a positive outcome.

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TravelPerk adds $115M to equity and debt Series D, discloses unicorn valuation

TechCrunch

SME-focused business travel booking platform TravelPerk has topped up the $160 million in equity and debt it raised last in a Series D last April with an additional $115 million — closing out the round at $275 million. TravelPerk said its business is now being valued at $1.3 billion — meaning it’s achieved coveted “unicorn” status.

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Why Service Businesses Should Offer Physical Products, Too

StartupNation

In an effort to increase revenue and balance cash flow, many service businesses are now attempting to mix products with their services. Customers for services ranging from personal trainers to web designers are big on the personalization and convenience factors. Hybrid solutions—products and services combined into original offerings—can help your business attract new customers and ramp up demand among existing ones by providing exceptional value.

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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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AI-powered transcription platform DeepScribe raises $30M to unburden doctors from tedious data entry

TechCrunch

DeepScribe , an AI-powered medical transcription platform, has raised $30 million in series A funding led by Nina Achadjian at Index Ventures, with participation from Scale.ai CEO Alex Wang, Figma CEO Dylan Field, and existing investors Bee Partners, Stage 2 Capital and 1984 Ventures. The company’s latest round of funding follows its $5.2 million seed round announced in May 2021.

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Asset Management Is a Peculiar Industry Ripe for Disruption

David Teten VC

“ One summer day, probably in the 1870s, friends of a major short-seller got together on the shores of Newport, Rhode Island, where they admired the enormous yachts of New York’s richest brokers. After gazing long and thoughtfully at the beautiful boats, the short seller asked wryly, ‘Where are the customers’ yachts?’ ”. Jason Zweig, in his introduction to Fred Schwed’s 1940s Wall Street classic, “Where Are the Customers’ Yachts – A Good Hard Look at Wall Street”.

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Jakarta-based investment app Pluang raises $55M led by Accel

TechCrunch

Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. This is a follow-on to its Series B and brings that round’s total to $110 million. The funding will be used to make Pluang available in more Southeast Asian countries, increase its asset classes and on hiring. . Pluang’s last round of funding was a $3 million Series A in 2019. .

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The Former McDonalds Cook Who Made $1 Billion In Less Than 7 Months

Entrepreneur's Handbook

Crypto exchange CEO Changpeng Zhao is now worth $96 billion 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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Jitterbit acquires low-code service PrimeApps

TechCrunch

API transformation company Jitterbit today announced that it has acquired PrimeApps , a Turkey-based low-code application development service. Jitterbit plans to combine its API platform with PrimeApps to build an end-to-end platform that will make it easier for non-technical users to build business apps, something that — almost by default — includes integrating different data sources.

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Interview with Sutton Capital: Emerging Managers, Fundraising, Limited Partners, VC Strategy

David Teten VC

I did a live interview today with Joel Palathinkal, CEO, Sutton Capital , and an LP / Mentor to emerging investment managers. Sutton Capital invests in opportunities focused on Fintech, Real Estate, B2B SaaS, Deep Tech, Space Exploration, Impact Investing, Cleantech, & Climate Change. Early in Joel’s career, he ran technology product innovation in Fintech, Artificial Intelligence, & for the Dept. of Defense.

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Nuro’s newest autonomous delivery bot is designed for the masses

TechCrunch

Nuro showed off Wednesday one of the final pieces of its commercial autonomous delivery strategy. The startup, which has raised more than $2.13 billion since former Google engineers Dave Ferguson and Jiajun Zhu founded the company in June 2016 , unveiled a third-generation electric autonomous delivery vehicle designed for commercial operations and manufactured in partnership with BYD North America.

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How To Use The 3 P’s Of Marketing To Sell Anything To Anyone

Entrepreneur's Handbook

Discover how to make more sales using the powerful combination of Packaging, Priming, and Prestige. Continue reading on Entrepreneur's Handbook ».

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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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Merit grabs $50M Series B to expand digital credentials platform

TechCrunch

When we think about identity in the digital world, it usually involves a username and password, but Merit (originally called Sigma) wants to help governments issue digital credentials that link back to a government license database with the goal of bringing an end to flimsy paper cards. Today the company announced a hefty $50 million Series B. Rose Park Advisors led the round with participation from prior investors a16z, Bow Capital and Govtech Fund, along with new investors Experian Ventures, S

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Using Technology to Address Nigeria’s Urgent Educational Challenges

Impact Hub

Nigeria is quickly becoming one of the most important tech hubs in Africa. From healthcare to financial services, Nigerians are using technology to solve some of the country’s most pressing issues in various fields, many of which were exacerbated by the pandemic. When the New Economy Booster program called for businesses to offer support and resources to enable them to thrive despite the pandemic, it received applications from many innovative technology companies.

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HomeValet launches its $499 Smart Box to keep your grocery deliveries cold and packages secure

TechCrunch

HomeValet , a D.C. Metro area-based startup that has developed a temperature-controlled smart box for grocery deliveries, is now releasing its smart home product to the public and expanding its partnership with Walmart. The company had previously piloted its Smart Box with Walmart in 2021 as a way for grocery delivery customers to keep their fresh and frozen items cold while also ensuring their deliveries remained secure until they could retrieve them.

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Using Technology to Address Some of Nigeria’s Most Pressing Educational Needs

Impact Hub

Nigeria is quickly becoming one of the most important tech hubs in Africa. From healthcare to financial services, Nigerians are using technology to solve some of the country’s most pressing issues in various fields, many of which were exacerbated by the pandemic. When the New Economy Booster program called for businesses to offer support and resources to enable them to thrive despite the pandemic, it received applications from many innovative technology companies.

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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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Public appoints first independent board members, details 2021 user growth

TechCrunch

This morning, Public , an investment app for the American market, announced the appointment of two new board members. The startup also provided some details regarding its growth in the COVID era, a period that generated strong results for a number of services that allowed users to save and invest. Public has added Jessica Neal , former chief talent officer at Netflix and present-day venture partner at TCV to its board, along with Dr.

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Making the Exit a Top Priority

The Seraf Compass

When pitching to investors, many entrepreneurs get overzealous with their exit strategy, spending too much time on what might be, and not focusing enough on the practicalities of bringing their vision to market. After all, exits aren’t a possibility without working product and a functioning business. In certain situations, however, a proactive, explicit exit strategy is what the entrepreneur and board require as a condition of going forward.

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Unicorn exits augur poorly as Justworks delays IPO, citing ‘market conditions’

TechCrunch

Justworks, a venture-backed software startup focused on the HR market for small and medium-sized businesses, announced earlier today that it would delay its IPO. In a statement to TechCrunch, Justworks said that it “decided to delay its IPO due to market conditions at this time.” An IPO delay is just that, a public debut pushed back. But Justworks’ decision to put its public offering on temporary hiatus comes on the heels of rapid declines in the value of recent technology debu

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How Correlated are the Web 2 and Web 3 Software Markets?

Tomasz Tunguz

In the last few weeks, public software company multiples have halved. As have cryptocoins. Solana and Etherum followed Snowflake and Elastic downwards. So much for the Santa Claus rally. Both declines seem to have been catalyzed by the Fed’s intention to hike the Fed Funds rate three to four times in 2022. Beyond the most recent cycle, how often do the web2 and web3 software markets move in synchrony?

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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.