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Photo by Scott Clark for Upfront Ventures (no, Evan is not standing on a box) Last year marked the 25th anniversary for Upfront Ventures and what a year it was. 2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth. The industry has obviously changed enormously in 2022 but in many ways it feels like a “return to normal” that we have seen many times in our industry.
The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty and home accessories items, announced today that it has raised $2.6 million in seed funding led by CVentures, a corporate venture capital firm based in Egypt. A15 , an early-stage VC in the MENA region that has backed the likes of Esaal , Paymob and Helios Investment Partners subsidiary, TPay, made a follow-on investment, according to TFK.
Blair Silverberg. Contributor. Share on Twitter. Blair Silverberg is co-founder and CEO of Hum Capital , a financial services company using technology to accelerate the fundraising process. More posts by this contributor. 8 steps for building a financial model to calculate your fundraising needs. A founder’s guide to calculating CAC and LTV the right way.
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.
An exploration of the impossible tradeoff that all startups must make: betting on now vs. betting on the future. Photo by Ben Wicks on Unsplash There is a surprising amount of similarity between the process of starting a company and the wild science of quantum physics. Both are chaotic, unpredictable, and in many ways counterintuitive. And one particular principle that I think translates quite nicely is what I’ll call the Startup Uncertainty Principle.
Neon , a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Ventures, General Catalyst, Founders Fund and angel investors. In an email interview with TechCrunch, CEO Nikita Shamgunov, who described the tranche as “oversubscribed,” said it would be put toward growing Neon’s engineering team, bootstrapping its go-to-market team and building develop
Neon , a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Ventures, General Catalyst, Founders Fund and angel investors. In an email interview with TechCrunch, CEO Nikita Shamgunov, who described the tranche as “oversubscribed,” said it would be put toward growing Neon’s engineering team, bootstrapping its go-to-market team and building develop
In 2015, Rex Salisbury was working as a software engineer at now-defunct mortgage startup Sindeo where he built out the back end for fully automated online mortgage pre-approval. At the time, he was working for Andy Carra, who served as that company’s CTO before going on to co-found SoFi. It was Salisbury’s first foray into fintech, and high on the excitement of getting a new product live in a highly regulated industry, he admittedly got bit by the fintech bug.
On the morning of September 7th and September 8th, 2022, YC will host our 35th Demo Day live on Zoom. This two day event will feature founders from 30 countries and startups in every sector — open source, ML/AI, dev tools, fintech, B2B SaaS, consumer, healthcare, hard tech, and more. Every company will have one minute to present. At the start of the day, a single-slide company summary, short company description, and team bio will be available through the YC Demo Day website.
Krafton, the brand behind some of the world’s most popular video games, says it has already deployed the $100 million it had committed to the Indian market two years ago in the South Asian nation and is gearing up to launch several new titles in the country. The four-year-old South Korean firm, which went public last year, gained popularity with its shooter game PlayerUnknown’s Battlegrounds — commonly called PUBG.
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.
We’re excited to announce that a16z is leading the Series A for Nash , an API-based platform for last-mile delivery. . The Nash marketplace gives businesses the “superpower” of being able to offer delivery, without having to build their own fleet … The post Investing in Nash appeared first on Andreessen Horowitz.
It seems everything is doom and gloom in the U.S. venture market, between startup layoffs and declining venture deal counts to an essentially moribund exit environment. But there are bright spots, one of which being the Southeast region, which is on track for its best year yet. The Southeast region had its best quarter for funding on record in Q2. More than $5.1 billion was invested across 289 deals during the period, according to PitchBook.
He disagreed with my suggestions and proceeded to build a business he can’t stand. Five customers in, he’s already burnt out. Continue reading on Entrepreneur's Handbook ».
Holey Grail Donuts started selling its hand-fried, made-to-order taro donuts on Sunday mornings out of a little red burger trailer in Kauai in 2018. Four years and hundreds of long lines later, the truck is still there, but the company is taking on what co-founder Nile Dreiling calls “a stale $40 billion donut industry ” by expanding its presence into brick-and-mortar locations in Los Angeles after raising $9 million in financing.
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?
Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Recommerce software and service provider Rush ReCommerce announced that it has closed a $12.9 million Series A financing, anchored by transatlantic venture capital investor Beringea. The company said intends to use the newly invested capital to enhance its solution and accelerate the growth of its recommerce network.
There are many companies bringing one-click checkout to the direct-to-consumer marketplace, but few are developing similar tools for the business-to-business marketplace. B2B payment volume is five times the size of business-to-consumer retail payments, yet much of those payments are not being done online. That’s where Balance comes in. The company, co-founded by former PayPal employees Bar Geron and Yoni Shuster, supports B2B e-commerce merchants and marketplaces by digitizing those capabilitie
Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register TNG Digital , the owner and operator of Malaysia’s largest e-wallet company Touch ‘n Go eWallet, has raised about $168 million in a its latest equity funding round led by Lazada Group , according to an announcement. This funding round also saw follow-on investment by TNG Digital’s current shareholder and parent company Touch ‘n Go Sdn.
The Latin American startup market, once among the hottest in the world , is cooling. But its slowdown is far from uniform; some countries are surviving the downturn far better than others, data reveals. A few weeks back, this column took an early look at venture capital data concerning LatAm startups and their financial backers, noting that the region was seeing successive quarterly declines that had become more than simply material.
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!
I had the pleasure of interviewing Haydar Al-Saad, the founder and CEO of RevSetter , a modern Customer Platform built to help companies elevate the way their teams work with customers to improve retention, fuel expansion and accelerate business growth. RevSetter is an end-to-end Customer Platform for B2B companies of all sizes, from SMB to Enterprise.
When Resourcely co-founder and CEO Travis McPeak was working at Netflix, he recognized a significant tension that existed between security and speed. If you move fast, you really do tend to break things and security suffers. While at Netflix, he helped build a system where security was baked in. He knew security was essential, but he also knew his team couldn’t be a blocker to speed and innovation.
Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Southeast Asia’s recommerce group Carousell has announced that it acquired control of Laku6 , the AI-first end-to-end electronics recommerce platform in Indonesia, as part of its vision to make secondhand the first choice for users. Temasek unit Heliconia Capital will be supporting Carousell Group in its acquisition of Laku6 and in accelerating circularity in secondhand electroni
Babbel , the popular subscription-based online language learning service, today announced a couple of updates about its U.S. businesses — the Berlin-based company’s largest market by overall revenue and its fastest-growing one, too. In the first half of 2022, the company sold more than 1 million subscriptions in the U.S., and it’s now also extending its B2B business to the U.S. as well.
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.
Join the Live Community AMA and Awards Event by Entrepreneur’s Handbook Meet the editors and top writers of Entrepreneur’s Handbook. Hear tips and stories about Medium. Winners receive cash prizes. Event details: Hosted by the Entrepreneur’s Handbook editorial team: Dave Schools , Amardeep Parmar , and Stephen Moore Date: Tuesday, August 9, 2022 | add to calendar Time: 5:00pm BST, 12:00pm EST, and 9:00am PST.
Cordial , a cross-channel marketing and data management platform, today announced that it closed a $50 million Series C funding round led by NewSpring, with participation from new investor ABS Capital. Jeremy Swift, Cordial’s CEO and co-founder, said that the fresh capital will be used to expand the company’s global footprint, launch new platform features and nearly double headcount by the end of the year.
Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-headquartered equity management firm Qapita announced that it has completed the 100% acquisition of India-based ESOP Direct in a full cash transaction. This will see Qapita secure full ownership of ESOP Direct’s operating entities from its shareholders, per the announcement.
My month-by-month journey from February to May and an in-depth strategy helped me and can help you do the same. Continue reading on Entrepreneur's Handbook ».
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.
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