Thu.Dec 17, 2020

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Outsourcing: Definition, Types, Pros, Cons, & Examples

Feedough

Business tasks are not limited to just the core offering. There’s a network of functions and processes that are linked to the core task. For example, a smartphone brand’s responsibilities are not limited to just developing, designing, and selling smartphones. It also includes R&D, manufacturing, assembling, marketing, customer relationship management, software development, repair, replacement, and much more.

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How to Avoid the Closing Package from Hell

The Seraf Compass

The moment of truth has arrived: it is time to close the round. The deal lead and founders worked hard together to line up investors, negotiate terms, work through deal documents and disclosure schedules, and track down every last detail of cap tables. As usual it took longer than expected, everyone is exhausted and the company needs the money urgently to make long-postponed investments in growth.

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8 Simple Strategies for Founders To Improve Startup Culture

Entrepreneur's Handbook

Here’s what psychologists implement to improve team cohesion and maximize productivity. Photo by Annie Spratt on Unsplash Leaders want more efficient workplaces, and founders are in the unique position to set the cultural tone of their organization. When founders invest in their team, it results in greater cohesion, performance, and a more supportive atmosphere.

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Austin’s edtech startup Aceable adds another $50 million for accelerated expansion

TechCrunch

Aceable , the Austin-based mobile edtech service for state-accredited classes, is getting an “A” from investors again as private equity firm HGGC pours $50 million into the company. In the eight years since Aceable’s launch, the company has grown from a driver’s ed test prep service to an online training tool for drivers and real estate agents.

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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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Why Better Access to Capital for Minority Entrepreneurs is Key to Unlocking Innovation and Economic Success

StartupNation

Despite being a critical force in the future of the U.S. economy, people of color are disproportionately hurt by lack of access to capital. While diversity and inclusion initiatives are en vogue in Silicon Valley, the reality is that access to funding remains a tightly-guarded gateway to success — and venture capitalists today are missing the mark when it comes to putting their money where their messaging is.

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10 Things Real Estate Gets Wrong About Coworking

GCUC

We hear it all the time… coworking is easy. Coworking is just desks in a room. Coworking is distracting. The list goes on. Having. The post 10 Things Real Estate Gets Wrong About Coworking appeared first on GCUC Community.

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Social gaming platform Rec Room scores $20 million Series C

TechCrunch

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The startup has closed a $20 million Series C led by Madrona Venture Group. Existing investors, including First Round Capital, Index, Sequoia and DAG, also participated in the round. They’ve raised just shy of $50 million to date.

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How A Shy, Star-Trek Loving Software Engineer Became Fortune’s Best Networker

Entrepreneur's Handbook

3 practical tips that boosted Adam Rifkin’s connectivity Continue reading on Entrepreneur's Handbook ».

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Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools

TechCrunch

Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. That market driver has now led to a significant growth round for a startup that is helping the larger of these businesses, including those targeting the B2B market, build out their digital sales operations with more agile, responsive e-commerce solutions.

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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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Consumer Trends 2021

A VC: Musings of a VC in NYC

Dan Frommer , who many of you likely know from his writing at Recode, Quartz, Business Insider and other places on the web, has teamed up with my friends at Coefficient Capital to create a 120 page report called Consumer Trends 2021. Here’s a slide from that report: There is no doubt that 2020 has changed a lot of things for good and consumer behavior is certainly one of them.

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PhotoRoom launches background-removal app on Android

TechCrunch

French startup PhotoRoom is launching its app on Android today. The company has been working on a utility photography app that lets you remove the background from a photo, swaps it for another background and tweaks your photo. And it’s been working well on iOS already as the company attended Y Combinator, doubled its annual recurring revenue to $2 million and raised a $1.2 million seed round.

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Transparency Is the Key to a Successful Startup

Entrepreneur's Handbook

…especially when the news is bad Continue reading on Entrepreneur's Handbook ».

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Better Dairy picks up £1.6M seed funding to produce animal-free dairy

TechCrunch

Better Dairy , a U.K. startup developing animal-free dairy that was founded out of Entrepreneur First (EF), has picked up £1.6 million in seed funding. The London-based company is currently in the R&D stages of developing products that are “molecularly identical” to traditional dairy without using animals as part of the production process.

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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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3 Lessons from Ancient India to Make You A More Successful Entrepreneur

Entrepreneur's Handbook

Don’t chase profit, let profit chase you. Continue reading on Entrepreneur's Handbook ».

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Mental wellness platform Lyra Health is raising up to $175M at a $2.25B valuation

TechCrunch

The coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. Even the spread of remote work is part of the problem: As everyone stays at home, the lack of interaction and watercooler chat has left employees without in-person interaction. The need for a solution has helped tech-powered mental health solutions raise funding to meet increased demand.

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He Built the Netflix for Music Creation

Entrepreneur - Entrepreneurs Category

Covid-19 has sparked a renaissance people wanting to make music, says Output CEO Gregg Lehrman.

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Look at what’s happening at day two of TC Sessions: Space 2020

TechCrunch

Yesterday, day one of TC Sessions: Space 2020 , was (brace yourself) out of this world. Bad puns aside, today’s lineup promises even more in-depth interviews, Q&As and breakout sessions with the top experts in the space industry. It also includes a pitch-off and plenty of networking opportunities to connect with the leading movers and shakers across public, private and defense sectors.

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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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This Entrepreneur Is Building a Platform to Inspire the Next Elon Musk

Entrepreneur - Entrepreneurs Category

Ali Albazaz discusses his company's mission to give exposure to new voices.

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H1’s LinkedIn for the healthcare industry raises $58 million

TechCrunch

The idea sounds almost too simple. Create a version of LinkedIn that’s specifically for the healthcare industry, where professionals can find out not just who has what credentials, but also learn about the research those professionals are conducting and the specialties they have. In the middle of a global pandemic, when industry insiders are all trying to find out who is an expert in particular fields of medicine that are most impacted by a novel virus spreading like wildfire around the wo

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[TechSee in Customer Think] How to optimize customer service costs with visual assistance

OurCrowd

Today’s customer service organizations face an even greater period of uncertainty and economic downturn. Customer service leadership must abandon any short-term initiatives to reduce the cost of their customer service and instead find sustainable cost optimization tactics that will allow for business resilience. Read more here. The post [TechSee in Customer Think] How to optimize customer service costs with visual assistance appeared first on OurCrowd Blog.

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GoCardless raises another $95M as it bets on open banking alongside its recurring payments network

TechCrunch

GoCardless , the London fintech that aims to become the one-stop shop globally for businesses that want to let customers pay via recurring bank payments, has raised $95 million in Series F funding. According to The Telegraph newspaper , this gives the company much coveted unicorn status. However, I understand the round values GoCardless at just over $970 million, meaning that the 2011-founded fintech is perhaps best described as a soonicorn (presuming these things are important to you).

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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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WJR Business Beat with Jeff Sloan: Restaurants Struggling Significantly as Winter Approaches (Episode 155)

StartupNation

New research indicates just how bad the COVID crisis has been for the restaurant industry. In fact, in the last three months, as many as 10,000 restaurants have closed nationwide. Last week, the National Restaurant Association released the results of a late November survey of 6,000 restaurant operators, and as many as 79% of restaurant operators surveyed reporting that they have had reduced sales, and looking ahead, it doesn’t look much better.

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Gawq wants to burst your ‘echo chamber’ with its smarter news app

TechCrunch

A new startup called Gawq wants to tackle the problem of fake news and the “echo chamber” problem created by social media, where our view of the world is shaped by manipulative algorithms and personalized feeds. Through Gawq’s newly launched mobile news app, it aims to present news from a range of sources, while allowing users to filter between news, opinion, paid content, and more, as well as compare sources, check facts, and even review the publication’s content for acc

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Meet Our New CEO, Fay Horwitt

Forward Cities

Forward Cities is pleased to announce that Fay Horwitt has been named incoming President & Chief Executive Officer of the organization, effective January 1, 2021. Horwitt, currently serving in the capacity of President, will assume the position from outgoing co-founder and CEO Christopher Gergen. Forward Cities partners with communities to create, grow, and sustain more equitable opportunities for every entrepreneur.

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Ramp raises $30M as the battle to own corporate spend heats up

TechCrunch

Corporate spend management startup Ramp has raised $30 million more in a new round, it announced today. TechCrunch covered Ramp’s launch earlier this year , when it also detailed that it had raised around $23 million up to that point. The startup raised its latest round in August of 2020, with conversations about the deal kicking off in June. The new capital is Ramp’s second priced raise after its August, 2019 seed round worth $8 million and the first after its February, 2020-era $15

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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.