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I’ve always been interested in tapping into the “crowd” to fund things that need to happen and that our current institutions can’t figure out how to support. Our investment in Kickstarter back in 2009 is an excellent example of that. In the last thirteen years, Kickstarter has helped direct $6.2bn towards creative work that would not have been funded by the legacy institutions that support creative work.
HotelOnline , a Kenya-based Yanolja-backed travel technology scale-up that fashions itself as an e-commerce and digital marketing enabler in the hospitality industry, has acquired HotelPlus, a software provider with clients in 22 countries. The full terms of the transcation were not disclosed but Eric Muliro , who founded HotelPlus in Kenya 13 years ago is getting a payout and $1.9 million in shares in HotelOnline, which was valued at $24 million before the deal.
The Four (!!!) Checks I’ve Written The Company Since Saying “No,” Never Bought Me As Much As Saying “YES!” Would Have In The First Place. An Investor and a Founder Postmortem a Mistake. The common VC passes are pretty cliche. “It’s a bit too early for us but we’ll be rooting for you from the sidelines,” “We were intrigued and impressed but just can’t get there at this time,” or just plain ghosting you without any feedback.
Matt Cohen. Contributor. Share on Twitter. Matt Cohen, founder and managing partner of Ripple Ventures , was the founding investor of Turnstyle Solutions, which was acquired by Yelp in 2017. More posts by this contributor. As fundraising gets harder, founders should ask investors for a flat round. How to strategically manage your startup advisor’s compensation.
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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.
Ten years ago today, I wrote a post titled “ Choosing market segments on customer profitability. ” How healthy are the business’s underling customers? Today, that question matters more because of the recession than at any point in the last decade. Selling to very profitable customers benefits a startup. Account executives can charge a highly profitable company more than one without much money.
Kippa , the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 million in an oversubscribed seed round. . The startup — launched last June by Kennedy Ekezie-Joseph , Duke Ekezie and Jephthah Uche — received investment from backers such as Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners and Vibe Capital.
Kippa , the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 million in an oversubscribed seed round. . The startup — launched last June by Kennedy Ekezie-Joseph , Duke Ekezie and Jephthah Uche — received investment from backers such as Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners and Vibe Capital.
Modulous , a U.K. startup that makes it easier for housing developers, architects and construction firms to configure and design modular homes to address the ongoing housing crisis , has raised £10 million ($11.7 million) in a series A round of funding. Founded out of London in 2018, Modulous said that it’s seeking to tackle a global housing shortage that could impact some 1.6 billion people by 2025 , as house-price growth continues to outpace income growth.
Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register BillEase , a consumer finance platform based in the Philippines, announced that it has closed an up to $20 million debt facility arranged by Singapore-based fintech company Helicap Securities. Earlier this year, BillEase raised $11 million in a Series B round led by BurdaPrincipal Investments, the growth capital arm of German media and tech company Hubert Burda Media.
In 2017, three entrepreneurs — Chris Hazard, Mike Resnick and Mike Capps — came together to launch a platform for building AI and machine learning tools geared toward the enterprise. Hazard and Resnick had been working on various AI and game projects for the U.S. military, while Capps had recently retired as president of Epic Games. The aforementioned platform eventually became Diveplane , which today offers products that create synthetic data to train AI systems, find anomalies in d
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Ed Zitron. Contributor. Share on Twitter. Ed Zitron is the CEO of EZPR , a media relations company. He also contributes to publications like Insider and The Atlantic, and has a newsletter. More posts by this contributor. The Self-Driving Car Revolution Will Be Slow And Help Us All, But It Won’t Kill Driving Anytime Soon. Imagine yourself working at Apple.
Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Philippine-based shipping platform Shipmates announced raising $ 2.2 million in a seed funding round. The seed round was participated by Cathexis Ventures, Wavemaker Partners, Taurus Ventures, Capital X, Sketchnote Partners and other prominent investors.
Winter may hve arrived early for AI and machine learning startups. After years of rosy projections, growth and investor enthusiasm, a new report from PitchBook shows that VC activity in the AI sector declined precipitously over the past few months. Deal value growth in AI startups was down 27.8% quarter over quarter in Q2 2022, with overall investments reaching $20.2 billion across 1,340 deals.
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Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Indonesian hyperlocal online F&B startup UENA has announced raising an undisclosed amount in Seed funding led by East Ventures and backed by IDN Media and angel investors. UENA, founded by Alvin Arief and Roy Yohanes, targets to continue the expansion in Jakarta to reach many more customers and serve their daily food necessity.
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I had the pleasure of interviewing Mory Katan, A veteran JP Morgan team leader and frequent blockchain lecturer at Rowan University with over 10 years of experience in real estate?—?Mory is now the CEO of SliceSpace , a company seeking to revolutionize commercial real estate ownership with a platform that pays out rent on a daily basis. Thank you so much for joining us!
Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. The company invested $77 million in Yulu, an Indian shared micromobility operator, and plans to jointly launch a battery swapping service company.
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a Dall-e variation on a variation on a variation of an image of The Wing, warped with the canva wobble filter. “I remember you mentioning The Wing before it opened, and I am right now enjoying my first morning working there (I never want to work anywhere else). It makes me feel productive, self-assured, and feminine all in a way I didn't expect. Thought I'd share.
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