Wed.Sep 08, 2021

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How First Principles Thinking Took Naval Ravikant From Zero To Millionaire Silicon Valley Icon

Entrepreneur's Handbook

The entrepreneur behind AngelList who also funded Twitter started with nothing. Continue reading on Entrepreneur's Handbook ยป.

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Addi raises $75M to advance โ€˜buy now, pay laterโ€™ in LatAm, nearly triples valuation

TechCrunch

Buy now, pay later is officially everywhere, and Latin America is no exception. Today, one startup in the region, Addi , is announcing a $75 million extension to its Series B, bringing the total round size to $140 million. In late May, the startup announced it had raised $35 million in an equity round led by Union Squareโ€™s Opportunity Fund, and $30 million in debt funding from Architect Capital.

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WJR Business Beat with Jeff Sloan: Entrepreneurship is Alive and Kicking in The USA (Episode 286)

StartupNation

On today’s Business Beat, Jeff discusses new findings that show that entrepreneurship continues to thrive in today’s business world. Tune in to the Business Beat, below, to learn more about how entrepreneurship continues to grow today: Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.

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Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others

TechCrunch

Over 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved despite mobile penetration exceeding 90%. Traditional banks often overlook this segment because of their spending power or financial status and fintechs have seized the opportunity to cater to their needs. One such fintech is MNT-Halan , and today, the company which describes itself as “Egypt’s leading fintech ecosystem” is announcing that it has closed a $120 million inve

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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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5 Steps to Lead by Asking Instead of Telling

Entrepreneur's Handbook

Know the Questions, Not the Answers Continue reading on Entrepreneur's Handbook ยป.

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Why Online Courses Are The New Gym Memberships (And How You Should Take Advantage of This)

Entrepreneur's Handbook

A masterclass in masterclasses Continue reading on Entrepreneur's Handbook ยป.

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Indonesia-focused Intudo Ventures closes $115M third fund

TechCrunch

Intudo Ventures , the โ€œIndonesia-onlyโ€ investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed. Fund IIIโ€™s limited partners include Black Kite Investments, the family office of Singaporean businessman Koh Bon Hwee; Wasson Enterprises, the family office of former Walgreens Boots Alliance chief executive officer Greg Wasson; and PIDC, the investment arm of Taiwan-based retail c

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A heartfelt โ€˜thank youโ€™ to the teacher who impacted my entrepreneurial journey

Entrepreneurs' Organization

Richard Levychin is an EO New York member and chairperson of EO OneWorld, a membership platform affiliated with EOโ€™s New York chapter which believes that a diverse EO is a stronger EO. EO OneWorld will add value to EO by attracting more EO members from the Black, Hispanic/Latino(a)(x), Asian and LGBTQIA+ entrepreneurial communities. Richard is also a partner in Galleros Robinson Certified Public Accountants and Advisors, where he heads the firmโ€™s Commercial Audit and Assurance practice.

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Debt versus equity: When do non-traditional funding strategies make sense?

TechCrunch

David Friend. Contributor. Share on Twitter. David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. More posts by this contributor. Brand power vs. product power. The herd sours on unprofitable unicorns again. The U.S. produces more new startups and unicorns each year than any other country in the world, but 90% of startups fail , with cash flow often being a major challenge.

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The Big Payoff of Application Analytics

Outdated or absent analytics wonโ€™t cut it in todayโ€™s data-driven applications โ€“ not for your end users, your development team, or your business. Thatโ€™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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What Is Promotion Mix? โ€“ Elements & Examples

Feedough

In business, just developing a product isnโ€™t enough to achieve. Read more.

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Fintech is transforming the worldโ€™s oldest asset class: Farmland

TechCrunch

Artem Milinchuk. Contributor. Share on Twitter. Artem Milinchuk is the founder and CEO of FarmTogether , a fintech platform channeling funding into natural assets, starting with U.S. farmland. Farmland as an asset class has proven itself to be a stable investment decade after decade. Farmlandโ€™s negative correlation with the Dow Jones Industrial Average sits at an eye-popping -43% for a three-year hold period, making it an excellent hedge against market volatility.

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[RO in Fierce Biotech] Stryker buys Gauss Surgical for its AI tech that tracks blood loss during childbirth

OurCrowd

Stryker has snatched up Gauss Surgical after being drawn to its artificial intelligence-powered platform for monitoring a patientโ€™s blood loss during surgery as well as following cesarean sections and childbirth. Read more here. The post [RO in Fierce Biotech] Stryker buys Gauss Surgical for its AI tech that tracks blood loss during childbirth appeared first on OurCrowd Blog.

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Nigeriaโ€™s Prospa gets $3.8M pre-seed to offer small businesses banking and software services

TechCrunch

In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to serve the needs of each business. With banks, presenting a series of transactions as statements is all these businesses require.

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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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[TetaVi in CIO Review] Tetavisโ€™ Venture Financing to Help Build Their Technologies and Business in APAC and North America

OurCrowd

Tetavis’ venture capital funding will be used to expand its technology and business, with a concentration on APAC and North America. Read more here. The post [TetaVi in CIO Review] Tetavis’ Venture Financing to Help Build Their Technologies and Business in APAC and North America appeared first on OurCrowd Blog.

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UnitQ raises $30M in Accel-led round to help companies improve product quality

TechCrunch

Product quality is hugely important when it comes to the success of a product. Even if your product seems really cool, if itโ€™s buggy or doesnโ€™t work well, many people will just stop using it rather than taking the time to figure it out or even report a problem. UnitQ , a Burlingame, California-based startup using a data-driven approach to product quality, today announced it has raised $30 million in a Series B funding round led by Accel to tackle this issue.

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[Corelight in PR Newswire] Former Symantec and Malwarebytes Executive Joins Corelight as Senior Vice President of Product

OurCrowd

SAN FRANCISCO, Sept. 8, 2021 /PRNewswire/ — Corelight, provider of the industry’s first open network detection and response (NDR) platform, today welcomed Clint Sand as its new senior vice president of product. In this role, Sand will be responsible for all aspects of the Corelight product portfolio, including product management, product design, roadmap, and strategy.

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TrueFort snares $30M Series B to expand zero trust application security solution

TechCrunch

As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focusing on protecting enterprise applications. Today, the company announced a $30 million Series B. Shasta Ventures led today’s round with participation from new firms Canaan and Ericsson Ventures along with existing investors Evolution Equity Partners, Lytical Ventures and Emerald Development Managers.

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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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[Innoviz in Forbes] As A Public Company, Design Wins Are The Goal For Innoviz

OurCrowd

TEL AVIV, Israel, Sept. 7, 2021 /PRNewswire/ — Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, will demonstrate its state-of-the-art LiDAR technology at the IAA MOBILITY 2021 show being held September 7-12, 2021 in Munich, Germany. This year’s exhibition demonstrates new cutting-edge mobility solutions with a focus on the future of mobility.

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Headout raises $12M, plans to hire 150+ people as domestic travel rebounds

TechCrunch

The travel industry was one of the hardest hit by the pandemic , and startup Headout was no exception. A marketplace that let tourists make same-day bookings for tours, events and activities, the app expanded around the world after launching in 2015. Then COVID-19 hit. But business is growing again thanks to rebounds in domestic travel and Headout claims it has grown 800% since January 2021.

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AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures

TechCrunch

โ€œConversational AIโ€ startup PolyAI , based out of London, has raised $14 million in a funding round led by Silicon Valley’s Khosla Ventures, with participation from existing investors (Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital and Entrepreneur First). This follows their $12 million Series A, and will provide resources for further U.S. expansion beyond its existing U.S. team.

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E-commerce aggregator Rainforest raises $20M just months after its last funding

TechCrunch

Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million pre-Series A round led by Monkโ€™s Hill Ventures. Other participants included January Capital, Crossbeam Venture Partners, Amasia and Lo & Behold Group, along with returning investors Nordstar and Insignia Venture Partners. Rainforest announced in May that it had raised $6.55 million in equity and a $30 million debt facility to fund acquisitions.

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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 โ€” and with 53% of marketers experiencing legacy technology issues and limitations, theyโ€™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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Beauty Pie, an online buyersโ€™ club, picks up $100M to boost its beauty and wellness business

TechCrunch

The beauty industry is worth some $500 billion annually, and the COVID-19 pandemic has led to a sharp rise in the proportion of sales being carried out online. Today, a London-based beauty startup is announcing a major round of funding in hopes of reaping the spoils of that trend with a direct-to-consumer online storefront selling own-label goods. Beauty Pie , which describes itself as a buyers’ club for high-end beauty and wellness products — any consumer in the U.K. or U.S. can buy

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Former head of Mint raises $4.5M for Lean to give gig workers access to financial products

TechCrunch

Gig and independent workers have different needs when it comes to financial products than salaried employees at a company. Itโ€™s a challenge that Tilak Joshi, founder of Lean , became acutely aware of during his tenure as head of Mint and years as a product exec at American Express and PayPal. While the U.S. has seen a major shift in more independent workers in recent years, traditional financial institutions have โ€œfailed to keep up,โ€ in his view.

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Forerunner is software for NFIMBYs, or no flooding in my backyard

TechCrunch

Mayors have the toughest job in the world, and leading a city is only getting harder. Even as populations swell in urban cores across the world, climate change is constraining the geographies where that growth can happen. Coastal communities which are popular with residents are also taking a gamble when it comes to rising sea levels. How do you tradeoff a need for growth with the requirement for protecting residents from disaster?

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TikTok, influencers on the clock

TechCrunch

Alex is on a well-deserved vacation this week, so for the Equity Wednesday deep dive, we took the conversation to Twitter Spaces. Danny , Mary Ann and Jonathan Metrick , the chief growth officer at Portage Ventures, dove into growth marketing. You can listen to the full episode on the Equity Podcast feed. This conversation was spurred by the TechCrunch Experts project , where we’re looking for the best growth marketers for startups.

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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. Youโ€™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.