Thu.Jul 16, 2020

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When Do I Create A Board?

A VC: Musings of a VC in NYC

I’ve been asked this question a bunch in the last few weeks in response to my post about more diversity on Boards. My answer to this question is simple. A Company should have a Board the day it is formed. The Board should contain one Founder (or possibly two) and at least two independent Directors. I know that many founders want to control their Boards for as long as possible.

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Rewire and TytoCare in CTech] ReWire and TytoCare among the winners of Extreme Tech Challenge 2020

OurCrowd

ReWire Ltd. won the Fintech category. It was founded in 2015 by Adi Ben Dayan, Guy Kashtan, Or Benoz, and Saar Yahalom and develops global digital banking solutions for internationals who live their lives in more than one country. TytoCare Ltd. won the Covid-19 Innovation Award for its complete telehealth solution that can deliver easy and affordable telehealth visits.

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An economics lesson for growing companies

Berkonomics

Catching up from past insights. Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. In this insight, we need to speak of the sources of working capital and the implications to the future financial health of the choices made when selecting one financial resource.

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[BlueNalu in Forbes] Call It ‘Cell-Based’: New Study Looks At Selling Seafood Grown From Cells

OurCrowd

The debate over what to call protein grown from cells has long been unsettled, practically since the first public tasting of a cultivated beef burger back in 2013. Back then, news coverage described the burger as “lab-grown,” but a new study set to be published in the Journal of Food Science has a replacement to recommend: “cell-based.”. Read more here.

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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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An Economic History of the US in Five Stock Market Crashes

Tomasz Tunguz

I’ve been searching for a book that combined the history, the people, and the emotional roller coaster of US economics. Given all that’s happening, I wondered how events today compare to other times in US history. I’ve spoken to people who lived through stagflation when interest rates were 15%. In history classes at school, I read about the Great Depression and the Roaring 20s.

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Ian Hathaway

Today I turn 40 years old. Kind of an odd-feeling thing to write out and have staring back at me. It’s something I’ve been looking up at my whole life and now it’s finally here. I’m not big on celebrating my own birthday, but this is an important one. I’m going to honor it. And despite the limiting circumstances we’re all facing right now, I’m going to enjoy it.

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[Signals Analytics in HuffPost] How The Coronavirus Has Affected What We Buy At The Grocery Store

OurCrowd

“The strong trends [we noticed pre-pandemic] are actually staying, but for different reasons,” said Frances Zelazny, chief marketing officer of advanced analytics platform Signals Analytics. “Before COVID, [vegan products] were on the rise and the driver for that trend was a split between well-being, concerns about lifestyle and fitness, animal welfare and sustainability.”.

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[Tovala in Forbes] Chicago Start-Up Tovala Combats Coronavirus Dinner Fatigue With A QR Code. Here’s How.

OurCrowd

When the Coronavirus pandemic hit, Tovala was already experiencing rapid growth and on the cusp of opening a second production facility. Butler describes an immediate surge in sales, where, “Existing customers were increasing their order size, customers who may have paused immediately reactivated, and we saw an uptick in people coming to our website.

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