Fri.Oct 22, 2021

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My Pandemic Pivot: From 0 to 130

Entrepreneurs' Organization

Contributed by Amanda Ma, founder and CEO of Innovate Marketing Group and EO Los Angeles member. As entrepreneurs, we go through ups and downs all the time. These ups and downs impact us deeply because we are so close to and personally invested in our businesses. I am an avid entrepreneur and have now been in the events industry for 15 years. In March 2020 when the pandemic hit and the US shut down, the events industry was completely disrupted.

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Intelligent Implants raises $8.7M to help you grow a spine

TechCrunch

Spinal surgery is not for the faint of heart at the best of times, but Intelligent Implants raised €7.5 million ($8.7 million) to make spinal surgery less of a pain in the backside. The company’s smart implants’ first application is in spinal fusion surgery — where two or more vertebrae are permanently connected to improve stability, correct a deformity or reduce pain.

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6 Reasons to Bootstrap Your Startup Instead of Taking Venture Capital

Entrepreneur's Handbook

Bootstrapped Businesses Have a Far Higher Chance of Success Continue reading on Entrepreneur's Handbook ».

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Hiring is just the first step when building an early-stage comms team

TechCrunch

Yousuf Khan. Contributor. Share on Twitter. Yousuf Khan is a partner at Ridge Ventures. Prior to joining Ridge, he was the first CIO of Automation Anywhere, CIO and vice president of Customer Success at cloud-based AI platform Moveworks, as well as CIO of Pure Storage, Qualys and Hult International Business School. More posts by this contributor. 3 keys to pricing early-stage SaaS products.

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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Funding Friday: Posterized

A VC: Musings of a VC in NYC

My friend Stephen sent me a text with a link to this Kickstarter project. I backed it immediately and went one step further than I ordinarily do, I bought a pre-order copy of the book. The NBA is back in season, I went to the opener on Weds night here in NYC, and it was a thrill to be in the arena watching incredible athletes play my favorite game to watch.

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4 Questions Every Entrepreneur Must Ask Themselves

StartupNation

Time is the most important asset you have. Unlike money, once you’ve spent it, you can’t get it back, and how you spend it is important. They say time is money, but time is your dream. When you’re running a startup, you’re in the dream business. And every minute you can spend on your dream is one more minute you’re working toward making a difference.

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Arbisoft co-founder Yasser Bashir on building trust with early-stage startups

TechCrunch

Co-founded in 2007 by Yasser Bashir, Arbisoft falls on the larger end of the spectrum of software development partners that our readers have recommended in our ongoing survey. Today, the company has a few hundred employees distributed across Pakistan, Australia, Texas and Malaysia, but it continues to service startups of all sizes, says Bashir. Omri Traub, CEO of e-commerce startup Popcart , told TechCrunch that their company has worked with Arbisoft since its early stages. “We had access

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Create a Cyber-Resilient Business in 4 Steps

StartupNation

Resilience is a serious topic of conversation among senior managers and board directors these days. Businesses are weaving operational resilience into the fabric of their strategy to help them manage the rising tide of risks, not least cyber risk, and increase shareholders’ confidence in their ability to cope with any eventuality. Central to the goal of cyber resilience is the concept of security by design, where security measures are engineered into every part of the business.

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How Lunchclub landed a preemptive term sheet from Lightspeed

TechCrunch

In less than seven days, Lunchclub co-founder Vlad Novakovski had a sizable term sheet in hand from Lightspeed Ventures, despite his startup not looking to raise at the time. How did that happen? A sticky product experience with the customer feedback and growth to back it up made the startup an investment opportunity Lightspeed’s Nicole Quinn just couldn’t pass up.

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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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Lesson #340: The Top 4 Things to Study When Hiring New Employees

Red Rocket

I have been doing a lot of recruiting lately. And, it is harder, more competitive, and more time consuming as ever. It is clearly a job seekers market right now, which affords them the opportunity to take the best of competing offers, even if they have already accepted a previous offer, and "ghost" their new employer by never showing up on their first day, which is happening in record numbers and is not a cool move, at all So, to save you all the tedious effort of having to go back and restart y

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Working to understand Rent the Runway’s IPO valuation

TechCrunch

When you file to go public, you want folks to like the numbers. You do not want people to mock the numbers. The most extreme version of this obvious truism was WeWork’s first run at the public markets. It filed, everyone found its results to be ridiculous , and the IPO eventually got yanked. A more modest — yet still negative — reaction can be found in Box’s first attempt at going public.

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News: Zoho One Added New Capabilities to Help Small Businesses Succeed

Smart Hustle Magazine

If you don’t use Zoho One, then the latest addition of offerings to Zoho One is more likely to convince you to try this powerful suite. Popularly known as The Operating System for Business, Zoho One has added 5 new apps, 3 new services, and 7 major platform enhancements to help businesses succeed. What Is Zoho One? Launched in 2017, Zoho One is a complete ecosystem having a set of apps that work collectively to help you run your business from a centralized administrative panel.

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Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies

TechCrunch

Financial statement audits are an essential part of doing business, but often are complex and can require documentation gathering, most times requiring email correspondence back and forth between the auditor and the company for files and information to complete the task. T.C. Whittaker, co-founder and CEO of Audit Sight , says companies can spend millions of dollars per year on these audits, but the customer experience is lacking.

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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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Newsletter: Medical selfies are the next big thing + Back on the road in Dubai

OurCrowd

Top investment opportunities. Startup of the Week: Binah.ai’s medical selfies are the next big thing. Cymptom makes penetration testing old hat. ITsMine teams up with CrowdStrike cybersecurity. OurCrowd on stage in Abu Dhabi. OurCrowd forges new ties at GITEX Global in Dubai. Star athletes share win as Slinger buys Playsight for $82M. IDF buys hundreds of TytoCare units for Covid-19 patient care.

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India’s OfBusiness in talks to raise new funds at over $4.5 billion valuation

TechCrunch

OfBusiness, an e-commerce startup that sells industrial goods and provides small businesses with credit, is in talks to raise a new round of funding at a valuation of over $4.5 billion, three sources familiar with those talks told me. If the talks materialize, it would be the fourth financing round OfBusiness will secure this year. And it would also result in a multi-fold surge in its valuation, which was about $800 million in April this year and $3 billion less than a month ago.

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Pledge raises $4.5M seed round to build a carbon-measurement and removal API

TechCrunch

With the climate crisis looming, lots of companies want to do their part. But asking customers to “offset the CO2 emission of this delivery” is usually a hammer to crack a nut. There is very little transparency around carbon offsets. Plus, smaller companies want to access high-quality carbon credits, but calculate their impact at a product, services and transactional level, and be able to purchase a fraction of a carbon credit rather than a very inaccurate “scheme.”.

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Hong Kong-based fintech XanPool raises $27M for its decentralized payment network

TechCrunch

XanPool , a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler. The funding brings XanPool’s total raised since it was founded in 2019 to over $32 million.

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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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a16z, Base Partners cook up $15M in funding for Colombia cloud kitchen concept Foodology

TechCrunch

Foodology has been whipping up its restaurant brands in cloud and virtual kitchens in Colombia and Mexico since 2019, and with a new infusion of capital, hopes to scale that across Latin America. The Bogotá-based company closed on $15 million in Series A funding in a round led by Andreessen Horowitz and Base Partners. Existing investors Kayyak Ventures and Jaguar Ventures (now Wollef) joined in as did a group of angel investors, including Instacart president Nilam Ganenthiran, Kavak CEO Carlos G

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Another month, another billion dollars in value appreciation

TechCrunch

Hello, and welcome to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. And have a good time. This week Mary Ann and Natasha and Alex (along with our amazing production team Grace, Chris, and Kell) took on a bevy of topics from around the world of startups and technology more broadly. We naturally kicked off with news that Facebook intends to rebrand itself.

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Facebook’s next chapter just might make sense

TechCrunch

Shares of Snap are off just over 20% this morning, a huge cut to the valuation of the social networking company. In one sense, the post-earnings drop is an indictment of the company’s business. On the other, Snap’s stock has merely retreated to midyear levels and remains far above the historical price range it found itself mired in during its more unprofitable days.

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Citcon raises $30M to make paying with mobile wallets ‘as easy as paying with a credit card’

TechCrunch

Citcon , a mobile wallet payment provider, has closed on $30 million in funding in a Series C round co-led by Norwest Venture Partners and Cota Capital. . Sierra Ventures and Sonae IM also joined the financing, which brings San Jose-based Citcon’s total raised since its 2015 inception to nearly $50 million. Citcon’s mission is straightforward: to allow merchants to accept payments by mobile wallet and alternative currencies “with the same ease as they process traditional credit card payments tod

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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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Zillow may be pulling up the welcome mat, but rival Opendoor is expanding into new markets

TechCrunch

When Zillow announced that it was hitting pause on its iBuying operations earlier this week, the news sent shockwaves through the real estate industry. Zillow blamed the pause on labor and supply constraints that were hampering its ability to quickly renovate and efficiently turn over its housing inventory. The announcement sent Zillow’s stock plummeting 10% in the day after the report, while driving competitor Opendoor higher.

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The Trump SPAC is doing stonk things, which is hilarious

TechCrunch

When news broke that former U.S. President Donald Trump had conceived of a media and technology company and intended to take it public via a blank-check company , you would have been forgiven if you immediately began to wonder how quickly you could short the stock. Pick a reason: Right-leaning social networks have largely flopped; the company appeared to be severely underfunded given the scope of its goals and the wealth of its rivals; the fact that there was no product available to use, let alo

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