Fri.Nov 20, 2020

What Is Customer Acquisition Cost (CAC) – Formula & Example

Feedough

Acquiring new customers isn’t easy. It not only requires sales efforts but there’ also a monetary cost involved. This monetary cost could be as low as $1 for a $500 offering or as high as $1500 for the same product.

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Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more

TechCrunch

DoorDash, Affirm , Roblox , Airbnb , C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capture our imagination because they are literal happy endings.

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From Our Founder: Creating Opportunity During Times of Crisis

StartupNation

As entrepreneurs and business owners, we do our best to plan for the future. But no matter how much we try to prepare ourselves for the unexpected, none of us could have predicted, nor prepared for, the COVID-19 pandemic and the corresponding economic crisis it has created.

AllRight, an English language learning app for children, raises $5M from Genesis Investments

TechCrunch

AllRight is a platform for English language learning, aimed at children four years or older, which combines lessons with real teachers and homework with “AI-powered” tutors.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

GRAND PRIZE WINNER OF $50,000 ANNOUNCED IN BEN FRANKLIN’S BIG IDEA CONTEST!

Ben Franklin Technology Partners

More than 100 friends, family members, and community partners tuned in via ZOOM on November 19, 2020 to see the six finalists in Ben Franklin’s BIG IDEA Contest make their pitch to a panel of independent judges.

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Funding Friday: Remotely

A VC: Musings of a VC in NYC

I was on a zoom board meeting in early July and one of the board members started whipping out cards instead of interrupting. I captured the moment because I thought it was awesome. Since then, I have wanted my own set of zoom meeting cards, but never took the initiative to make them.

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Why is GoCardless COO Carlos Gonzalez-Cadenas pivoting to become a full-time VC?

TechCrunch

Index Ventures, a London- and San Francisco-headquartered venture capital firm that primarily invests in Europe and the U.S., recently announced its latest partner.

How A Bunch Of Angry Birds Turned Around A Failing Startup

Entrepreneur's Handbook

Fail, fail, and fail again until you succeed is the story of the company behind the Angry Birds Franchise. Continue reading on Entrepreneur's Handbook ». gaming innovation startup business entrepreneurship

Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far

TechCrunch

This morning Wish , a well-known mobile ecommerce startup, filed to go public. It joins Affirm , Airbnb , and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Will vs trust: Which option is right for you?

Entrepreneurs' Organization

Contributed by Noelle Fauver, community outreach manager for Trust & Will. This post originally appeared on the Trust & Will website and has been modified here with permission.

Kea raises $10M to build AI that helps restaurants answer the phone

TechCrunch

Kea is a new startup giving restaurants an opportunity to upgrade one of the more old-fashioned ways that they take orders — over the phone.

Why I Gave Up My Global Business to Become A Solopreneur

Entrepreneur's Handbook

Running your own business is not all it’s cracked up to be Continue reading on Entrepreneur's Handbook ». business freelancing life-lessons entrepreneurship startup

Xesto is a foot scanning app that simplifies shoe gifting

TechCrunch

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

[PRESS RELEASE] ISRAEL’S OURCROWD ANNOUNCES JAPAN’S ORIX $60 MILLION INVESTMENT

OurCrowd

Tokyo/Jerusalem – Nov. 19, 2020 – OurCrowd today announced that ORIX Corporation (“ORIX”) invests a strategic $60 million in OurCrowd, Israel’s most active venture investing platform.

Loadsmart raises $90 million to further consolidate its one-stop freight and logistics platform

TechCrunch

Leading on-demand digital freight platform Loadsmart has raised a $90 million Series C funding round, led by funds under management by BlackRock, and co-led by Chromo Invest.

From Hobby to Business. Etsy Helped Her Sell More. 5 Tips.

Smart Hustle Magazine

Over the last few years my wife has made amazing, glittery, handmade wreaths from ornaments. The kind of ornaments you might see on a Christmas tree. These wreaths are used to decorate the door of a home, the wall of a kitchen or living room or to spruce up a drab hallway.

If you didn’t make $1B this week, you are not doing VC right

TechCrunch

The only thing more rare than a unicorn is an exited unicorn. At TechCrunch, we cover a lot of startup financings, but we rarely get the opportunity to cover exits. This week was an exception though, as it was exitpalooza as Affirm , Roblox , Airbnb , and Wish all filed to go public.

Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.

Snap acquired Voisey, an app to create music tracks overlaying your own vocals

TechCrunch

Snapchat helped pioneer the use of lenses on faces in photos and videos to turn ordinary picture messages into fantastical creations where humans can look like, say, cats, and even cats can wear festival-chic flower crowns.

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Onit acquires legal startup McCarthyFinch to inject AI into legal workflows

TechCrunch

Onit , a workflow software company based in Houston with a legal component, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch. Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings.

What is Roblox worth?

TechCrunch

With Roblox joining the end-of-year unicorn stampede toward the public markets, we’re set for a contentedly busy second half of November and early December. I hope you didn’t have vacation planned in the next few weeks.

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LA-based Credit Key raises $33 million for its business-to-business payments platform

TechCrunch

Bringing to small businesses across the U.S. the buy-now pay-later model that transformed companies like Klarna and Affirm into billion-dollar businesses has netted the payment and lending company Credit Key another $33.85 million in funding.

How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”