Fri.Sep 23, 2022

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Cloud kitchen startup CloudEats raises more capital to ramp up Southeast Asian expansion 

TechCrunch

A cloud kitchen — also known as a ghost kitchen or a shared kitchen — offers restaurant owners and food entrepreneurs a commercial kitchen space at a reduced cost for food delivery and takeout. This trend has been circling around the restaurant industry. More food entrepreneurs are turning to cloud kitchens to reduce their operation costs and capture the explosive growth of food delivery. .

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Join Us For Another Live Community AMA Event!

Entrepreneur's Handbook

Hi everyone, exciting news! We loved hosting the last AMA so much that… we’re holding another community event ! It’s a chance to meet the editors and top writers of Entrepreneur’s Handbook and hear tips and stories about Medium. We’re also going recognize and award the top contributors to the pub from the few months. We’re also going to be recognizing top writers with four Writer Awards ($100 bonuses) and give away two courses worth a total of $400 to the most engaged attendees.

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8 investors discuss what’s ahead for reproductive health startups in a post-Roe world

TechCrunch

One of the most pressing issues the U.S. has to prepare for, perhaps, is the future it faces after the toppling of Roe v. Wade. Come the midterm elections, voters will weigh in on candidates and, consequently, measures that will dictate abortion access and other human rights issues. The role venture capital must play in all of this is becoming clearer: There has been a push to fund more reproductive health companies , include healthcare access in ESG investments , and reevaluate the safest place

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5 Ways to Leverage Awards in Your Marketing Efforts

Entrepreneurs' Organization

You work hard to make your business both a great place to work and a successful contributor to your community. Along the way, you might enter an award competition or find yourself as the grateful recipient of industry kudos or honors. While your humble nature might whisper “keep it quiet,” leveraging awards in your marketing efforts is one of the best things you can do as an entrepreneur.

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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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On Deck tried to do it all. Now, it’s trying to do less, better

TechCrunch

Erik Torenberg is no longer the co-CEO of On Deck, a tech company that is trying to productize the community in a way that helps founders secure capital and advice. Torenberg, an early Product Hunt employee and the founder of investment firm Village Global, assumed the role only a year ago. But now, as On Deck returns to its founder-focused roots and spins off its second business, Torenberg is returning to a chairman position.

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Byju’s clears $230 million payment to Blackstone for $1 billion Aakash deal

TechCrunch

Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash , a source familiar with the matter told TechCrunch, addressing one of the criticisms levelled against the Indian edtech giant in recent months. The Bengaluru-headquartered startup, valued at $22 billion , had pushed back on some payments for the approximately $1 billion acquisition of the physical education chain last year, citing regulatory clearance

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September E3 Durham Entrepreneur of the Month

Forward Cities

Congratulations to the September E3 Durham Entrepreneur of the Month! Che Ramos is the founder and operator at The Black Bourbon Guy. Che possesses extensive experience in the restaurant industry and has a deep knowledge and love of whiskey. Read more about Che and The Black Bourbon Guy in our E-newsletter feature!

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Looking at 320 pitch decks, here’s what science tells us works best

TechCrunch

Investors are spending 24% less time looking at pitch decks in 2022, compared to 2021. On average, you have just under three minutes to convince them to take a meeting with you. In fact, for decks that fail to raise funding, investors give up in just 2 minutes and 13 seconds. That’s not a lot of time to make a first impression, so you’ve got to make it count.

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Pipeline Supply Shocks in SaaS Sales

Tomasz Tunguz

Imagine a startup with 4 customers in the pipeline. The average sales cycle is 28 days. Two of those customers should close this quarter. Two of them, who entered the funnel later in the month, will take longer than 30 days to close. If the ACV of the company is $25k, then the business should project $50k in bookings this period & $50k next period (assuming no additional pipeline materializes).

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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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8 VCs discuss the overturning of Roe v. Wade, venture, and the midterm elections

TechCrunch

The overturning of Roe v. Wade sent a huge shockwave through the U.S., and while the nation recovers slowly, the venture community is already beginning to act. Founders are reassessing where they open their businesses , not wanting to lure employees to a state that doesn’t support reproductive rights, and investors are considering adding healthcare to environmental, social and governance criteria to help spur innovation in the space.

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Daily Crunch: London-based spatial computing startup Hadean closes $30 million Series A

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.

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Fundraise for network access with Sapphire Ventures and Medable

TechCrunch

Dr. Michelle Longmire, physician/scientist turned startup founder, founded Medable with the goal of transforming patient connectivity in the healthcare system. Along the way in raising $479 million, Sapphire Ventures invested in several rounds, providing Longmire with new relationships and opportunities within Sapphire Ventures’ network. Join Cathy Gao, partner at Sapphire Ventures, and Longmire on this edition of TechCrunch Live as the two of them speak to the power of leveraging more than just

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Arjun Sethi’s crypto derivatives protocol Nibiru raises maiden funding at $100M valuation

TechCrunch

Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million seed funding at a valuation of $100 million, two sources familiar with the matter told TechCrunch. Tribe Capital, Republic Crypto and Kraken invested in the seed round, a source said, requesting anonymity as the information is not public. Sethi co-founded the startups with four industry veterans – including Sankha Banerjee, formerly with Credence Capital and Binance; and Boris Revsin, wh

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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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Mighty Capital’s thesis is that the best product wins — even more so in a downturn

TechCrunch

When founders are laying off staff and cutting costs to face the downturn, it may seem like odd timing to tell startups to take their product as seriously as ever. In a recession, do users really care about product experience? Yes, says Mighty Capital , whose portfolio includes companies such as Airbnb and Amplitude. The San Francisco-based VC firm has a core thesis: The best product wins.

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SerMorpheus wants to make NFTs an everyday sight in Indonesia

TechCrunch

More than half of the population in Southeast Asia is under 30 , making it a coveted market for novel technologies. Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. While Indonesia isn’t the most crypto active in the region — total crypto value received was less than half of Thailand’s from July 2021 to June 2022, according to Chainalysis — the country is thought to hold huge potenti

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How a pivot helped HopSkipDrive emerge successful in a sector where many failed

TechCrunch

Joanna McFarland got the idea for HopSkipDrive in 2014 because she needed a solution to a problem that many working parents like herself face: How do you consistently get your kids where they need to be on time? The idea was sparked at a birthday party she attended with one of her children. The topic of moving kids around came up and every mom there had their own story of a situation where they felt they had to let their child down because they had no way to get them to whatever the destination

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When VCs fund the thing you didn’t think they’d ever fund

TechCrunch

Hello and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Coming to hang with us at Disrupt, where Equity is kicking off the entire event? Use code ‘EQUITY’ to save 15% on your tickets. Hell yeah, and see you there! Alex , Natasha and Mary Ann jumped on the mic, with Theresa running production, to talk through the biggest headlines from the week!

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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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Backed by Epic Games, distributed computing startup Hadean nabs $30M to power the metaverse

TechCrunch

Hadean , a U.K.-based distributed, spatial computing startup that’s setting out to build the infrastructure for the burgeoning metaverse, has closed a $30 million seres A round of funding from a high-profile cast of investors including Epic Games and Tencent. Founded out of London in 2015, Hadean started out with a broad mission to put “supercomputer levels of processing power at the disposal of anyone,” TechCrunch wrote back in 2017 when the company was still operating in beta

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Kenyan startup Ponea gaining momentum in driving access to medical services

TechCrunch

Serial Kenyan tech entrepreneur Mike Macharia has spent the last two decades helping enterprises like East Africa’s biggest telco Safaricom to create infrastructure that bolsters their growth. His firm, Seven Seas Technologies , has previously worked with governments too — having been involved in the initial implementation of the decentralized service delivery hubs – Huduma Centres , which grant citizens access to nearly all government services through a single portal.

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Pitch Deck Teardown: Party Round’s $7M, er, party round deck

TechCrunch

In the world of investment, a “party round” is an investment round — typically an angel round — where a larger number of angels throw in what (to them) is pocket change to help a company get off the ground. “Pocket change” is relative, of course; what is pocket change to a very high-net-worth individual could be a down payment on a house for you and an annual salary for me.

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Daily Crunch: A closer look at Google’s remote-controlled $30 Chromecast

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. Hey, folks! Chromecasts have been a hacker and nerd favorite for a moment or two, and we’re pretty psyched to see the price (with a remote!) dropping to $30.

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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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A Strava co-founder races into a lucrative market – lending against life insurance

TechCrunch

Mark Shaw likes running around. The serial entrepreneur joined activity and fitness tracking platform Strava as a co-founder in 2009 to lead engineering as CTO. He spent eight years there, and as of its most recent raise in 2020, Strava had reached 70 million members globally and amassed an almost cult-like following from its users, which include professional runners seeking to track their progress.

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TechCrunch+ roundup: LatAm startup strength, global chip shortage, Visa Bulletin update

TechCrunch

“You had one job” might be funny when a birthday cake decoration goes wrong, but if we’re talking about executives who don’t show up for board meetings, the stakes are much higher. “Disengaged or dysfunctional boards aren’t just bad for CEOs and LPs; they’re bad for everyone,” writes Matt Blumberg , co-founder and CEO of Bolster, a realization that spurred him to revise meeting formats to include follow-up surveys and additional outreach. “That is a lot of moving pi

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