Wed.Feb 09, 2022

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Learning the Hard Way - Due Diligence Mistakes

The Seraf Compass

It is easy to talk about due diligence in the abstract, but it is much harder to practice what you preach. One of the hardest things about early stage investing is that it is really risky - if you don’t have some suspension of disbelief, and you obsess too much about cataloging every risk, you will never get a deal done. As a way of wrapping up this series of articles with a review, let’s take a look at a few common mistakes and see what we can learn from them.

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Why experience sharing is key to entrepreneurial growth

Entrepreneurs' Organization

Almost 10 years ago, I had my first experience with a professional Forum when I joined Entrepreneurs’ Organization. A Forum, which is also often referred to as a Mastermind, is a group of peers who meet regularly, with the goal of helping each member improve personally and professionally. The Forum structure is a foundation of many professional organizations and self-help groups. .

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BasiGo secures $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya

TechCrunch

Kenya-based EV startup BasiGo has closed $4.3 million in seed funding, three months after setting up operations in East Africa’s biggest economy , to provide clean-energy mass transit vehicles in a country that is heavily-reliant on fossil-fuel buses. The startup said it will use the new funding to set up an assembly plant in Nairobi and launch the sales and delivery of its electric buses.

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Virtual Events Platform Airmeet Raises US$35 million in funding from Prosus Ventures, Sequoia Capital

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Virtual events platform Airmeet has secured US$35 million in funding in its Series B financing round led by Prosus Ventures , Sequoia Capital India , and Sistema Asia Fund. The funding round was also joined by KDDI Open Innovation Fund, RingCentral Ventures, DG Daiwa Ventures and Nexxus Global alongside existing investor Accel India.

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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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Splendid Spoon stirs its strategy to get you to love plant-based foods

TechCrunch

More venture capital is flowing into meal delivery service companies as consumers seek out better-for-you food choices. The online meal kit delivery market is poised to be a $7 billion industry by the end of this year, and then triple in the next five years. That has attracted venture capitalists’ attention and led to some recent cash infusions, including Shef and WoodSpoon for homemade items, and Little Spoon and Serenity Kids in the baby food arena.

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Scandit snaps up $150M at a $1B+ valuation for its computer vision-based data capture technology

TechCrunch

Consumers and businesses are forever demanding faster and easier ways to get things done, and today a startup that is building tech to make that a reality using AI and the camera on your mobile device is announcing a big round of growth funding. Scandit — which uses computer vision to scan barcodes, text, ID cards or any physical object to trigger automated responses, provide analytics and more — has raised $150 million, a Series D that values the Swiss startup values at over $1 bill

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8 Traits of Successful Startup Founders

Entrepreneur's Handbook

Are You Cut Out to Leave Corporate Life For an Adventure? Continue reading on Entrepreneur's Handbook ».

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OMERS Ventures, Turner Construction team up to build the construction tech startup of their dreams

TechCrunch

OMERS Ventures’ Principal Michelle Killoran has long been looking for a construction tech startup to invest in. The space is intriguing to her, but so far, she has not come across a company whose model has been compelling enough to convince her to pull out her checkbook. Meanwhile, Jim Barrett, chief innovation officer at Turner Construction, was facing a similar challenge.

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Ecommerce Logistics Startup ElasticRun nets US$300 million funding led by SoftBank, valuation soars to US$1.4 billion

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register India -based B2B and ecommerce logistics startup ElasticRun operated by Ntex Transportation Services Pvt. Ltd. has secured US$300 million in its Series E funding round led by Japan’s SoftBank Group. The financing round was also joined by Goldman Sachs and existing investor Prosus Ventures.

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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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Daily Crunch: Samsung erases the Note, starts new page with Galaxy S22 Ultra phablet

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Wednesday, February 9, 2022! I just got a look at the initial run-of-show for Early Stage in April , and it looks wicked good. Also, I’m helping kick off our live podcast tapings tomorrow with the Equity crew.

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[Tala in Capital Business] Tala unveils option allowing borrowers to choose their loan due date

OurCrowd

NAIROBI, Kenya, Feb 9 – In order to encourage loan flexibility and expand its user’s reach through innovation, mobile lending firm, Tala has launched a credit option that allows borrowers to choose a repayment date. Read more here. The post [Tala in Capital Business] Tala unveils option allowing borrowers to choose their loan due date appeared first on OurCrowd Blog.

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3 warning signs that your investor will leave you on the sidelines

TechCrunch

Michael Redd. Contributor. Share on Twitter. Michael Redd spent 12 seasons playing in the NBA and on the U.S. Olympic team. He is now co-founder and chairman of 22 Ventures. The Theranos scandal demonstrates how quickly investors will fall over themselves to seize a golden egg deal. When investors pay so much attention to only the (supposed) big tickets, they leave smaller companies in their portfolios behind.

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[Greenlight in The Drum] Greenlight debuts Super Bowl ad with Modern Family actor Ty Burrell

OurCrowd

It isn’t always easy for parents to teach their kids about money. Greenlight has embarked on a mission to change that. In its first ever Super Bowl ad, the company has teamed up with one of America’s favorite TV dads to prove to viewers that financial education doesn’t have to be boring. Read more here. The post [Greenlight in The Drum] Greenlight debuts Super Bowl ad with Modern Family actor Ty Burrell appeared first on OurCrowd Blog.

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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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Waabi’s new simulator could scale autonomous vehicle tech faster

TechCrunch

Testing autonomous vehicles on public roads is an expensive and time-consuming endeavor, and one that Raquel Urtasun, former chief scientist at Uber ATG, doesn’t think is the most expedient route to market. Waabi, Urtasun’s self-driving truck technology startup which launched last June , has come out with a key component of its strategy to scale its tech – Waabi World , a high fidelity, closed-loop simulator that doesn’t just virtually test Waabi’s self-driving software, but also teaches i

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[data.world in Database Trends and Applications] TigerGraph launches million-dollar challenge to inspire new uses of graph

OurCrowd

TigerGraph, provider of a graph analytics platform, has launched “Graph for All Million Dollar Challenge,” a global search for innovative ways to harness the power of graph technology and machine learning to solve real world problems. Read more here. The post [data.world in Database Trends and Applications] TigerGraph launches million-dollar challenge to inspire new uses of graph appeared first on OurCrowd Blog.

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Why these Udemy execs left to build a better Udemy

TechCrunch

Darren Shimkus spent five years scaling Udemy, a corporate learning business, from $1 million in annual recurring revenue to $100 million. Eight months before the education company went public, though, Shimkus left his gig as president of Udemy Business to investigate a feeling. “I thought I had innovation to bring to the industry,” he said. “But there’s Darren in what he thinks and in what he sees, and then there is a world that is.

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[SaNOtize in Business Standard] Glenmark launches Nitric Oxide Nasal Spray (FabiSpray®) in India for the Treatment of Adult Patients with COVID-19 in partnership with SaNOtize

OurCrowd

Mumbai (Maharashtra) [India], February 9 (ANI/PRNewswire): Glenmark Pharmaceuticals Limited (Glenmark) – a global, innovation-driven pharmaceutical company and Canadian pharmaceutical company SaNOtize Research & Development Corp., today announced launch of its Nitric Oxide Nasal Spray under the brand name FabiSpray® in India; for the treatment of adult patients with COVID-19 who have high risk of progression of the disease.

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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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Brick closes $8.5M seed to enable open finance across Southeast Asia

TechCrunch

Financial apps are proliferating across Southeast Asia, making things like bookkeeping or securing an online loan easier. But this means fintechs need access to large amounts of data that they can use to verify customer identity, creditworthiness or aggregate information from online accounts. Brick wants to simplify the process with a suite of APIs that connects financial apps to “hyper-local” sources of data, including banks, mobile wallets and telecoms.

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[SaNOtize in Business Wire] Phase 3 Clinical Trial Confirms SaNOtize’s Breakthrough Treatment is 99% Effective Against COVID-19; Receives Regulatory Approval in India

OurCrowd

VANCOUVER, British Columbia & MUMBAI, India–(BUSINESS WIRE)–Canadian pharmaceutical company SaNOtize Research & Development Corp., (SaNOtize), and Glenmark Pharmaceuticals Limited (Glenmark), a global, innovation-driven pharmaceutical company, today announced successful results of Phase 3 clinical trials and approval from India’s drug regulator for the treatment of adult patients with COVID-19 who have a risk of progression of the disease.

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Employees can count on Addition Wealth for free, holistic financial planning services

TechCrunch

As companies fight to retain workers amid the “Great Resignation,” many are offering enhanced benefits packages to employees. Financial wellness benefits, in particular, are on the rise , especially those that provide access to personalized or tailored advice. New York-based Addition Wealth , which launched to the public today, is catering to the 87% of U.S. employees who say they want help with their personal finances, according to a 2021 survey by PwC.

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Neil Young’s Spotify Protest Isn’t Censorship, It’s Exercising His Free Market Rights. Why Are We Confusing The Two?

Hunter Walk

Tech Companies Who Strike Deals With Specific Creators Cease Being Neutral Platforms And Are Accountable To Repercussions Beyond Their Own Terms of Service. “Neil Young should stay in his lane and just play music” says the person who has never listened to Ohio or Southern Man and who thinks Rockin’ In The Free World is a politician’s campaign song. Next you’ll tell me Rage Against The Machine isn’t just a party band.

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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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eAgronom closes $7.4M Series A to create a farming-based carbon credits platform

TechCrunch

There are plenty of competitors in so-called FMS (Farm Management Software), but so far no global dominant leader has emerged. Agrivi has raised $7.3 million, Granular $24.9 million and FarmLogs $37 million. So there’s clearly plenty of scope for more. Now Estonia-based eAgronom , another FMS startup, has closed a $7.4 million Series A round led by Yolo Investments and ZGI Capital.

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What Is Business Opportunity? – Importance, Types, & Identification

Feedough

An opportunity is a chance to take advantage of a. Read more.

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Rino gets $3M pre-seed for 10-minute grocery deliveries in Vietnamese cities

TechCrunch

Meal deliveries in Vietnamese cities typically take less than half an hour, but grocery deliveries are lagging behind, sometimes taking up to two to three hours, says Rino founder Trung Thanh Nguyen. By creating a vertically-integrated logistics infrastructure centered around “dark stores,” or stores set up for order fulfillment only, Nguyen says Rino can cut grocery delivery times down to just 10 minutes.

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[SaNOtize in CrowdFund Insider] OurCrowd financed COVID treatment is 99% effective against the disease

OurCrowd

SaNOtize, an OurCrowd portfolio company, has shown to be 99% effective against COVID-19 in a phase three trial, according to a note distributed by OurCrowd. Simultaneously, the treatment has received regulatory approval in India. OurCrowd has participated in the funding of the firm providing access to individual investors. Read more here. The post [SaNOtize in CrowdFund Insider] OurCrowd financed COVID treatment is 99% effective against the disease appeared first on OurCrowd Blog.

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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.