Mon.Mar 13, 2023

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84% of subscribers eye full cloud migration in two years – Alibaba Cloud survey

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Most of the businesses that are currently subscribed to cloud services are set to make a full cloud migration in the next two years. This is according to a survey that was commissioned by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group.

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Y Combinator cuts nearly 20% of staff, scales back growth stage investments

TechCrunch

Y Combinator will be writing fewer checks for late-stage companies, a scale back that also cost 17 team members — or roughly 20% of the accelerator’s employees — their jobs, according to a statement released on Monday. The accelerator told TechCrunch that Silicon Valley Bank’s failure was not a factor and that they have been strategizing about the shift “well before” the collapse; over 30% of Y Combinator’s startups are exposed to SVB.

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The Silicon Valley Bank Crisis: Resources and Information

Angel Capital Association

NOTE: As things are moving rapidly, please note this page and resources will be updated as they become available. Click here to move down the page to resources. Monday, March 13, 2023 - The near-term crisis has largely been averted with the Federal Reserve, Treasury and FDIC regulators announcing that depositors regained access to 100% of their money starting Monday and that no losses will be borne by the taxpayer.

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Finding your startup’s valuation: An angel investor explains how

TechCrunch

Marjorie Radlo-Zandi Contributor Share on Twitter Marjorie Radlo-Zandi is an entrepreneur, board member, mentor to startups and angel investor who shows early-stage businesses how to build and successfully scale their businesses. More posts by this contributor 5 sustainable best practices for bootstrapped startups You’ve sold your company. Now what?

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

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.

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Asia’s premier tech event Beyond Expo 2023 returns to real-world event in Macao to showcase cutting-edge technology

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register The third edition of BEYOND International Technology Innovation Expo (BEYOND Expo) returns to its real-world conference format in Macao from May 10 to 12, 2023. The live-streamed and in-person conference format will provide exhibitors and attendees with more direct access to media channels and networking opportunities than ever before through the largest and most influential technology

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Changes at YC

Y Combinator

YC is known primarily as a place where very early founders create something from nothing by simply applying online and joining the world’s best founder community. When they do, a shocking percentage of them will go on to make a startup worth a billion dollars (on average 6 out of 100 startups in recent batches). YC is rightly known for early stage investing.

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A comprehensive list of 2023 tech layoffs

TechCrunch

Last year’s tech-wide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google , Amazon , Microsoft , Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The reasoning behind these workforce reductions follows a common script , citing the macroeconomic environment and a need to find discipline on a tumultu

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Growfin raises $7.5m as it grows AI-based cash collection SaaS in US, Asia

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Growfin, a SaaS fintech startup, has raised $7.5 million to boost its operations in the US and Asia to double down on building more AI-based technology and expand its platform. The Series A funding round was led by Singapore’s SWC Global, the startup said in a statement.

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Mercury expands FDIC insurance up to $3M through new Vault product

TechCrunch

Mercury , a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That’s 12x the industry standard for institutions of $250,000 in FDIC insurance that other institutions offer. Immad Akhund, CEO and co-founder of Mercury, told TechCrunch that his team worked on the new product, called Mercury Vault, over the weekend.

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State of AI in Sales & Marketing 2025

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.

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What business should you be building and why you should be building a SAAS startup in 2023

Founder Bounty

YC , one of the world best early stage tech investors, had had its latest cohort which had 65% invested in b2b SAAS startups which shows. We have put a couple of other reasons together why you should be building SAAS startups. There are several reasons why building a SaaS startup in 2023 could be a good idea and we have put together a list for you guys.

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Indonesia’s Broom builds out automated asset-backed lending for used car dealers

TechCrunch

The Indonesian used car market is on a course for growth fueled by a number of trends : the increasing digitization in used car sales; a larger variety of finance options; and the COVID-19 pandemic, which pushed the idea of private car ownership. Broom , an Indonesia-based auto-financing startup that wants to help used car dealers work more efficiently by applying the asset-backed lending model to their businesses — offering in-app trading among dealers and providing new financing to do

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There’s One Thing No Good Startup Advisor Will Ever Ask For

Entrepreneur's Handbook

And you can judge if a startup advisor is worth having simply based on whether or not they take it if you offer.

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Building a PLG motion on top of usage-based pricing

TechCrunch

Puneet Gupta Contributor Share on Twitter Puneet Gupta is the CEO and co-founder of Amberflo.io. He was formerly a general manager at AWS. More posts by this contributor How your company can adopt a usage-based business model like AWS I spent several years as a general manager at Amazon Web Services and my teams launched two Tier 1 services: Amazon CloudSearch and Amazon OpenSearch.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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[SeeTrue in Ads Advance] Smiths Detection furthers Open Architecture acceleration with SeeTrue

OurCrowd

Smiths Detection announced today that it is collaborating with SeeTrue, a supplier of artificial intelligence threat detection software, to seamlessly integrate its threat products with Smiths Detection’s leading X-ray screening equipment. Read more here. The post [SeeTrue in Ads Advance] Smiths Detection furthers Open Architecture acceleration with SeeTrue appeared first on OurCrowd Blog.

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123 Baby Box delivers for parents seeking children’s products without the hassle

TechCrunch

The internet is a big place, and there are millions of recommendations for products tailored to babies. So how do you find the right products? And why would you trust a 20-something person with no children to help you? Well, Zarina Bahadur got her inspiration, actually, from a mother in the grocery store when she was a student at The University of California Irvine studying business.

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[ThetaRay in Business Wire] Noda chooses ThetaRay AI solution to monitor open banking services

OurCrowd

LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Noda, an open banking fintech, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to enhance payment monitoring and compliance capabilities on Noda’s growing platform that is supporting the new digital economy in Europe.

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Despite 2022’s volatility, VC funds performed better than you think

TechCrunch

Over the last year, the venture industry has had a tough time. Many feared that the bull market had pushed valuations to unsustainable heights and would result in a windfall of startup down rounds and cash burn, which would have a negative impact on VC fund performance. But before SVB failed , it was going relatively well. It might appear that the opposite is true, at least according to a report about the University of California’s endowment.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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[BlueNalu in Business Wire] BlueNalu advances strategic partnership with Nutreco to progress cell-cultured seafood

OurCrowd

SAN DIEGO–(BUSINESS WIRE)–BlueNalu, a global leader in the development of cell-cultured seafood, announced today the signing of a Letter of Intent (LOI) with Nutreco, a global leader in animal nutrition and aquafeed. Building on the success of earlier collaborations, this agreement represents joint interest in the establishment and scale-up of a food-grade supply chain for cell-cultured seafood manufacturing.

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The one where Alex and Natasha catch the Equity audience up on SVB

TechCrunch

Hello and welcome back to Equity , the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is Alex and we are here to do our Monday show, a kickoff for the week that covers startup news, tech news and a little bit of the money that powers both. Given how bonkers the last few days have been, this is not a normal show.

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What to Know About the Sudden Collapse of Silicon Valley Bank

StartupNation

It came fast and it may not be over yet. Silicon Valley Bank (SVB) collapsed over the past… The post What to Know About the Sudden Collapse of Silicon Valley Bank appeared first on StartupNation.

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Silicon Valley Bank’s new CEO sends letter to clients: ‘We are conducting business as usual’

TechCrunch

Silicon Valley Bank’s clients received a surprising email in their inboxes late Monday evening from the bank’s new CEO Tim Mayopoulos stating that the institution was not only open, it was also business as usual. “Silicon Valley Bank, N.A. is open and conducting business as usual,” the email, obtained by TechCrunch from multiple sources, read. At the time of publication, SVB’s website has been restored.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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Australia’s Airwallex secures online payment license to operate in China

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Airwallex, an Australia-based global payments and financial platform , has announced that it has secured a payment business license in China. This happened following their successful acquisition of a 100% stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company.

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After SVB failure, regulators close crypto-friendly bank Signature Bank

TechCrunch

Signature Bank is the second casualty of the ongoing banking crisis in the U.S. The New York-based financial institution stopped operating abruptly on Sunday — customers will be made whole. Regulators said that Signature Bank also caused a systemic risk and could threaten the U.S. banking system. In other words, the government is stepping up to protect the economy.

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[VIDEO] What's More Important--Strategy or Execution?

Red Rocket

I was recently interviewed by ASBN , an online "television network" serving the small business community, about which is more important for your business--your strategy or your execution of that strategy. As you will learn, you can't have one without the other. I thought this video turned out great, and I wanted to share it with all of you, to see if it can be helpful to you in making sure you have the right team in place to hit your desired targets.

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Product-led growth is propelling a wave of sales tools startups

TechCrunch

This might be the year when we see more companies adopting sales tools that bridge the gap between traditional CRMs and product-led growth models to help sales teams more effectively convert leads with the help of usage data. Why is this happening now? Well, companies are going hybrid, whether with their business model or their pricing. For instance, more companies are adopting usage-based pricing models, but they’re often mixing it with existing pricing models, such as subscription tiers.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.