Wed.Aug 11, 2021

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. Most of these startups spend the lion’s share of their marketing budget in today’s social media channels: Facebook, Twitter, Reddit, Snap, TikTok and so on because?—?no surprise?—?that’s where the customers are.

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Is the 9-to-5 workday dead? What employees seek in return-to-office plans

Entrepreneurs' Organization

What do employees want in returning to the office? . Business owners often assume they know what their employees want due to a dangerous judgment error termed the false consensus effect. This problematic mental blindspot causes us to perceive others—especially teammates—as sharing our beliefs. That’s often not the case. The false consensus effect is one of over 100 misleading mental patterns that researchers in behavioral economics and cognitive neuroscience call cognitive biases.

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The Opening

A VC: Musings of a VC in NYC

I like to think of investing in new things a bit like a football running play. Imagine you are the running back. You’ve been handed the football and you are looking for a hole to open up and run through. What you really want is some running room beyond the opening. We’ve known for a while that crypto is the next big tech architecture. We’ve known that once the wave breaks on the shore, there will be enormous opportunities unleashed.

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Every Team Needs A Coach: Managing the Deal Process

The Seraf Compass

Not everyone is cut out to lead a deal. In our experience, it takes a certain temperament and set of people skills to lead a bunch of peer volunteers. There are many successful investors who cringe at the phrase, “managing the process.” Managing is the last thing they see themselves doing. The good news is that early stage investing seems to attract a lot of people who are motivated, take-charge people who are looking to help out and give back.

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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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The gray revolution: Fundraising within the older adult space

TechCrunch

Lawrence Kosick. Contributor. Share on Twitter. Lawrence Kosick is the co-founder of GetSetUp , the largest online learning community designed specifically for older adults. The technology industry is often thought of as being the domain of the young and the new. We see an emphasis on young founders (“40 Under 40”), innovative ideas and disruptive challenges to legacy brands, incumbent companies and “old” ways of thinking.

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AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups

TechCrunch

AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. AppWorks Fund III’s limited partners include Taiwan Mobile, Axiom Asia Private Capital, Fubon Life, TransGlobe Life, Hongtai Group, Wistron, Cathay Life, Phison Electronics and Taiwan’s National Development Fund.

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WJR Business Beat with Jeff Sloan: Angel Funding In Our Local Startup Ecosystem (Episode 273)

StartupNation

WJR Business Beat Transcript. Jeff: Good morning, Paul! We’ve made it clear here on the Business Beat just how important angel funding is to any startup ecosystem. You see, no matter how good your startup concept is, many of these startups just can’t get off the ground without acquiring outside funding – obtaining a bank loan to finance your startup?

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A close look at Singapore’s thriving startup ecosystem

TechCrunch

Toni Eliasz. Contributor. Share on Twitter. Toni Eliasz is the program manager of the Disruptive Technologies for Development Program (DT4D) that supports the innovation and adoption of technology-driven solutions in World Bank Group operations. In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle

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3 Mindsets I Stole From Jeff Bezos?—?Even Though I Hate Him

Entrepreneur's Handbook

Although a tyrant, his decision-making is pure genius Continue reading on Entrepreneur's Handbook ».

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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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India’s VerSe Innovation raises over $450 million to expand Dailyhunt and Josh apps globally

TechCrunch

VerSe Innovation, the parent firm of popular news aggregator Dailyhunt and short video app Josh, said on Thursday it has raised over $450 million in a new financing round, just five months after securing $200 million , as the Indian startup looks to expand its offerings to international markets. Siguler Guff, Baillie Gifford, affiliates of Carlyle Asia Partners Growth II and others financed VerSe Innovation’s Series I round, while existing investors Sofina Group, Qatar Investment Authority and B

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The Biggest Consequence of Choosing Entrepreneurship Isn’t Giving up a Steady Paycheck

Entrepreneur's Handbook

There are one missing piece entrepreneurs lose when they exit the rat race and lacking it may be a huge blow to their confidence. Continue reading on Entrepreneur's Handbook ».

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Joby Aviation makes its public trading debut on the NYSE

TechCrunch

Joby Aviation is now public, 12 years after JoeBen Bevirt founded the company at his ranch in the Santa Cruz mountains. The air taxi developer began trading on the New York Stock Exchange on Wednesday under the ticker symbol “JOBY,” after completing a merger with special purpose acquisition company Reinvent Technology Partners. As of 10:00 AM ET, the price per share was at $11.01, up 9.8% from its prior-day closing amount.

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6 Things First-Time Entrepreneurs Need More Than Experience

Entrepreneur's Handbook

To give you the best chance of success Continue reading on Entrepreneur's Handbook ».

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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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Student rideshare service HopSkipDrive raises $25M to expand and invest in electrification

TechCrunch

Students around the country are about to return to school after the summer holiday, and they’re doing so at a time when both coronavirus transmission and the effects of climate change are mounting. Last year, HopSkipDrive , a rideshare platform for kids, had to let go much of its staff amid school lockdowns. Now, the company is betting that demand for its rideshare service will increase as parents send their kids back to school.

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[People.AI in Reuters] Mubadala co-leads $100 mln capital raise for software firm People.ai

OurCrowd

Aug 11 (Reuters) – Mubadala Capital, the asset management arm of Abu Dhabi’s state investor, and venture capital firm Akkadian Ventures co-led a $100 million investment for People.ai, bringing its valuation to $1.1 billion, the software startup said on Wednesday. Read more here. The post [People.AI in Reuters] Mubadala co-leads $100 mln capital raise for software firm People.ai appeared first on OurCrowd Blog.

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India’s Eruditus valued at $3.2 billion in $650 million fundraise

TechCrunch

Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2. The new financing round — which includes both primary and secondary transactions — values the 10-year-old Indian startup at $3.2 billion, up from about $700 million a year ago.

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6 Essential Web Design Elements to Boost Your Website’s Conversions

StartupNation

As a business owner, the primary goal of your website is to convert visitors — whether the conversion is an email subscription , a lead for email newsletter subscription or a purchase. After all, what’s the point of driving traffic to your website if users don’t really engage with your content and convert? Yet so many marketers focus their attention on SEO , ads, lead magnets and social media that they tend to overlook the power of web design elements.

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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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Bite Ninja scoops up pre-seed funding to reimagine restaurant working environments

TechCrunch

Will Clem knows all too well about restaurant workers not showing up for a shift. At least one person would have car trouble or need to stay home with sick children, and it became a common occurrence on the weekends for the co-founder of Memphis Meats and owner of Baby Jacks BBQ in Memphis. Needing to fill a shift one Friday night, Clem decided to prop his laptop in the drive-thru lane of one of his restaurants and took orders from home by remoting into the system.

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7 Steps to Turn an Idea Into a Successful Business

StartupNation

As Albert Einstein once said, “In the midst of every crisis lies great opportunity.” In the business world, every successful idea and venture has stemmed from an opportunity — a circumstance that someone acted upon. For some, this idea stemmed from a problem or, as Einstein said, a crisis. For others, it stemmed from a passion. Inspiration can hit us at any moment, but it’s what we do with our ideas that transforms our world.

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Space manufacturing startup Varda inks deal with Rocket Lab for three spacecraft

TechCrunch

Orbital manufacturing startup Varda Space Industries is moving fast. Only a few weeks after announcing a $42 million Series A, Varda has signed a deal with launch company Rocket Lab for three Photon spacecraft to support the startup’s initial missions. The first spacecraft will be delivered in the first quarter of 2023, with the second to follow later that year and the third in 2024.

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Going Deep In Sales Meetings – How To Get Closer With Your Future Customer

Smart Hustle Magazine

Contributed by Bill Choudhry, an outbound sales professional. His approach is non-salesy, consultative, and authentic. What he loves most about outreach is that. He loves the outdoors and can frequently be found in the park. He also likes playing guitar and is an avid sci-fi junkie. Everyone knows that in order to get further in dating and relationships you need to start getting to know the person better.

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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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Former Snap employees raise $9M for Trust, emerging from beta to level marketing playing field

TechCrunch

Trust wants to give smaller businesses the same advantages that large enterprises have when marketing on digital and social media platforms. It came out of beta with $9 million in seed funding from Lerer Hippeau, Lightspeed Venture Partners, Upfront Ventures and Upper90. The Los Angeles-based company was started in 2019 by a group of five Snap alums working in various roles within Snap’s revenue product strategy business.

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[ICON in Texas News Today] Great video shows Texas Tech’s 3D printing room helping NASA simulate life on Mars

OurCrowd

The Texas company used to design a 3D-printed habitat to support NASA’s mission to Mars has released an incredible video of real-life 3D printing. Read more here. The post [ICON in Texas News Today] Great video shows Texas Tech’s 3D printing room helping NASA simulate life on Mars appeared first on OurCrowd Blog.

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E-commerce-as-a-service platform Cart.com picks up $98M to give brands scaling tools

TechCrunch

Cart.com , a Houston-based company providing end-to-end e-commerce services, brought in its third funding round this year, this time a $98 million Series B round to bring its total funding to $143 million. Oak HC/FT led the new round of funding and was joined by PayPal Ventures, Clearco, G9 Ventures, Mercury Fund, Valedor Partners and Arsenal Growth.

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[ByondXR in CTech] ByondXR announces $7 million Seed round for 3D virtual shopping experiences

OurCrowd

Israeli immersive platform for retailers and brands, ByondXR, has announced that it has secured a $7 million funding round in Seed. Read more here. The post [ByondXR in CTech] ByondXR announces $7 million Seed round for 3D virtual shopping experiences appeared first on OurCrowd Blog.

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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. You’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.