Sun.Jul 17, 2022

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Essential skills for an entrepreneur

NZ Entrepreneur

Are entrepreneurs born or made? We think both. While it helps to have that entrepreneurial flair inbuilt, there’s no reason you can’t learn and develop the qualities of an entrepreneur. Here, we share three essential skills for taking ventures from ideas to reality. Essential skill #1: falling in love with the problem, not the solution. Successful products, services and businesses solve problems for people.

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The bright side of fintech funding results

TechCrunch

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon.

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Indonesian proptech startup Tanaku secures more than $5m in fresh capital

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Tanaku , an Indonesia-based proptech startup , raised $5.5 million pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current focus on building the product, expanding the team, acquir

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Modsy quietly shut down while some customers were still awaiting refunds

TechCrunch

In late June, Modsy , on online interior design services startup, abruptly ceased offering design services , laid off its designers, and left customers with unfinished renovations and project orders in process. The company returned some service order charges and promised to refund furniture deliveries to those who completed a form. But more than two weeks later, tweets show that many Modsy customers are still awaiting updates.

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

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The Bid/Ask Spread in Venture Capital

Tomasz Tunguz

I wish I had a chart of the bid/ask spread in venture capital today. The bid/ask spread in VC is the difference between the post-money valuation between a VC (the bidder) & a company (seller). In the past few years, the spread has been tight. The market is liquid. Many startups sell shares to buyers at mutually attractive prices. Like the old stock trading floors with brokers yelling at each other, but in our era, we negotiate over Zoom coffees instead.

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SG unicorn startup Advance Intelligence acquires Jewel Payments

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-based unicorn tech startup Advance Intelligence Group announced that it has acquired Jewel Paymentech , a financial risk technology company specialising in merchant due diligence and fraud and risk management solutions for financial services and payments industry, for an undisclosed amount.

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KitaBeli is bringing e-commerce to Indonesia’s small cities

TechCrunch

Complicated supply chains mean that consumers in Tier 1 and Tier 2 Indonesian cities often end up paying more for goods than their peers in large cities, like Jakarta. KitaBeli is on a mission to change that, with its own distribution network and a direct-to-consumer social commerce app. Today the startup announced that it has raised $20 million in fresh funding led by Glade Brook Capital Partners, along with participation from returning investors AC Ventures and GoVentures, and new backer InnoV

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As regulation heats up, will gaming studios’ gamble on loot boxes pay off?

TechCrunch

You’d be hard pressed to find a game that doesn’t include some form of microtransactions these days, especially in mobile games. It just makes sense for gaming companies — an immensely lucrative source of revenue, the microtransactions market was worth at $60 billion in 2021, and projected to hit $106 billion by 2026. Typically offered as in-game collectibles, currencies or chance-based loot boxes, microtransactions are now better received than they were a few years ago.

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