Thu.Oct 15, 2020

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Should you include your sweat equity in a business plan?

Berkonomics

Investors love it when entrepreneurs draw little or no money from their startups. It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven. What are you worth to the business? But when forecasting the ultimate viability of a business, many times an entrepreneurial founder uses a low, unsustainable salary rate for him or herself in order to show early breakeven.

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A Failing Grade

A VC: Musings of a VC in NYC

I wrote yesterday , about the quarterly numbers for VC investing activity: If this was a student coming home with a report card, it would be straight As. Well, I missed something in the data that was subsequently reported on by PitchBook , one of the authors of the report: Venture funding for female founders has hit its lowest quarterly total in three years.

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Why accountability is essential for responsible leaders

Young Leaders of the Americas Initiative

Many factors contribute to why leaders find success. Leaders can build a company on an innovative business plan, a strong network, and effective marketing, but there are a few other key actions they might not consider that contribute to their sustained success. To lead responsibly and grow sustainable organizations, leaders must establish a culture of accountability.

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Startup founders set up hacker homes to recreate Silicon Valley synergy

TechCrunch

In Y Combinator’s early days, founders would move to Palo Alto, split a two-bedroom with five others to save money and trade notes around the clock with their new, like-minded roommates. Now, as remote work continues and the pandemic persists, scores of entrepreneurs are working from home around the world. Y Combinator isn’t requiring its recent cohorts to relocate and collaboration is a screen-to-screen affair.

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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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Tips for forming ethical business partnerships

Young Leaders of the Americas Initiative

Throughout your leadership journey, know that you are not alone. From co-owners to funding partners to designers to manufacturers, you may form many different partnerships while establishing and growing your business. It is important to make sure that you are forming partnerships with individuals and groups who are ethical and transparent and share your essential values.

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How to be a responsible leader during a crisis

Young Leaders of the Americas Initiative

An international crisis, like the coronavirus pandemic, introduces unprecedented challenges. In times of crisis, businesses require new approaches to leadership to address these challenges and emerge stronger. It is important to address these changes in leadership responsibly and ethically. Here are a few recommendations for leading with integrity and transparency during a crisis.

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Bipedal robot developer Agility announces $20M raise

TechCrunch

Agility, the Oregon State University spin-off behind Digit and Cassie, announced this morning that it has raised $20 million in funding. The latest round, led by DCVC and Playground Global, brings the startup’s total funding up to $29 million. Other recent investors include TDK Ventures, MFV Partners, the Industrial Technology Investment Corporation, Sony Innovation Fund and Safar Partners.

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Essential Marketing Tips for COVID-19

Smart Hustle Magazine

Businesses of all sizes have had to shift their marketing efforts because of COVID-19. Small businesses in particular have had an especially hard time due to limited resources. We were lucky enough to sit down with a small business marketing expert, and hear her advice first-hand. So if you've been wondering what marketing tips for small businesses are available, you've come to the right place.

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Audio learning startup Knowable switches to a $9.99-per-month subscription model

TechCrunch

Knowable , the Andreessen Horowitz-backed startup focused on audio learning, is switching business models. When the company launched last year , it charged users on a per-class basis. Starting today, it’s shifting entirely to a subscription model, where listeners pay $50 annually or $9.99 per month for unlimited access to the Knowable library. “This gets us closer to our mission of daily, actionable learning,” co-founder and CEO Warren Shaeffer told me.

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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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5 Things That Will Make You Rethink Your Business

Entrepreneur's Handbook

Do you think that your previous success will help you stay afloat indefinitely? Continue reading on Entrepreneur's Handbook ».

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Popmenu earns raves from investors for its marketing and delivery software for restaurants

TechCrunch

Brendan Sweeney didn’t know anything about the restaurant business before he and his co-founders launched the Atlanta-based startup Popmenu. What Sweeney did know was that it was nuts that while every other business was using incredible graphics, curated text, carefully crafted images and fancy videos to make their pitch to customers restaurants were — posting a text-based menu. “It’s just crazy that restaurants present their inventory, which is their whole story, their w

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Future Founders Conference for Women Globally

Y Combinator

On November 18, we are hosting our first Future Founders Conference for women who aspire to become a startup founder. The event will be online, and whether you are curious about launching your own startup or are in the early stages of building one, you’ll walk away with the knowledgeable to define your own path. Attendees will meet YC partners, our alumnae, and other entrepreneurial women.

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Emerging companies thrive on data. Shouldn’t they use it to improve hiring decisions?

TechCrunch

Zoe Jervier Hewitt. Contributor. Share on Twitter. Zoe Jervier Hewitt is a leadership coach and talent partner at multi-stage VC fund EQT Ventures , where she helps portfolio companies structure and accelerate their search for talent by facilitating connections to the right technology and people required to source candidates at each stage of company growth.

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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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$50,000 Grand Prize: Big Money for Small Business from Barclays

Smart Hustle Magazine

The challenging events of 2020 have disrupted the lives of countless small business owners, their employees, and their families. Yet, small businesses are resilient, and their stories of innovation and perseverance during these trying times can provide inspiration for others to keep going. Barclays US Consumer Bank wants to inspire small businesses through its Small Business Big Wins promotion.

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Spain’s Savana Medica raises $15 million to bring to the US its AI toolkit turning clinical notes into care insights

TechCrunch

Savana , a machine learning-based service that turns clinical notes into structured patient information for physicians and pharmacists, has raised $15 million to take its technology from Spain to the U.S., the company said. The investment was led by Cathay Innovation , with participation from the Spanish investment firm Seaya Ventures, which led the company’s previous round, and new investors like MACSF, a French insurance provider for doctors. .

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How To Quickly Rise To The Top Of Your Industry-Without Experience

Entrepreneur's Handbook

8 proven ways to net faster results Continue reading on Entrepreneur's Handbook ».

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Whisper announces $35M Series B to change hearing aids with AI and subscription model

TechCrunch

A few years ago, Whisper president and co-founder Andrew Song was talking to his grandfather about his hearing aids. Even though he spent thousands of dollars on a medical device designed to improve his hearing, and in the process his quality of life, he wasn’t wearing them. Song’s co-founders had had similar experiences with grandparents, and as engineers and entrepreneurs, they decided to do something about it, to try and build a better, more modern hearing aid.

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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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Tools to help your business grow?—?Entrepreneur’s Handbook 3,2,1 Dispatch

Entrepreneur's Handbook

Tools to help your business grow?—?Entrepreneur’s Handbook 3,2,1 Dispatch Hello everyone, welcome to our sixth bi-monthly dispatch to help you better navigate your business or start a new one. This 3,2,1 houses our 3 most viewed articles, 2 of our personal favorites, and 1 of our oldies but goodies that resonated with a lot of readers. 3 Most Read Articles 26-Year-Old Programmer Built a $1 Billion App In 2 Years?

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When was the last time you worked out your soul?

TechCrunch

Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast ( now on Twitter! ), where we unpack the numbers behind the headlines. The whole crew was back today, with Natasha and Danny and I gathered to parse over what was really a blast of news. Lots of startups are raising. Lots of VCs are raising. And some unicorns are shooting to go public.

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How to Attract Talent When You Have No Money, Experience, or Charisma

Entrepreneur's Handbook

An inside look into large corporations and the reasons their best performers leave Continue reading on Entrepreneur's Handbook ».

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Live the Values. Fireside Chat 4

Ecosystem Builder Hub

Social Venturers is launching a series of Fireside Chats to discuss what makes ecosystem builders effective. Every two weeks from September 10th until December 3rd, they are hosting peer-to-peer knowledge sharing sessions and you are invited! #4 Live the Values (October 22nd 2020, noon & 2. p.m. EST). Effective ecosystem builders don’t lead by decree.

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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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Consejos para entablar alianzas comerciales éticas

Young Leaders of the Americas Initiative

A lo largo de tu travesía de liderazgo, recuerda que no estás solo. Desde tus copropietarios hasta los socios financieros, pasando por diseñadores y fabricantes, es posible que forjes muchas alianzas al establecer y llevar adelante una empresa. Es importante que te asegures de entablar alianzas con persoenas y grupos que sean éticos y claros , y que compartan tus valores fundamentales.

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How to Manage and Motivate Remote Sales Teams

Dream It

We’ve all been navigating how to manage our teams while working remotely as a result of the pandemic. However, certain teams are more difficult to manage than others. Sales teams are possibly the most difficult to manage and motivate during this time. How can you keep up the team’s energy? How can you ensure your team is continuing to sell effectively?

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Por qué es fundamental que los líderes responsables rindan cuentas

Young Leaders of the Americas Initiative

Son muchos los factores que contribuyen a que los líderes tengan éxito. Los líderes pueden crear una empresa a partir de un plan de negocios innovador, una red robusta y una comercialización eficaz, pero hay algunas otras acciones clave que tal vez se pasen por alto y que contribuyen a que el éxito sea perdurable. Para liderar de forma responsable y llevar adelante organizaciones sostenibles, los líderes deben generar una cultura de rendición de cuentas.

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Small business payments and marketing startup Fivestars raises $52.5M

TechCrunch

It’s a difficult time for small businesses — to put it mildly. And Fivestars CEO Victor Ho said that many of the big digital platforms aren’t really helping. Ho argued that those platforms (whether they offer delivery services, user reviews or marketing tools) all have the same underlying model: “They seek to take over a small business’ customer base and then charge them a tax to start reaching those customers.” Superficially, a company like Fivestars, which has cr

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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.