October, 2020

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Bootstrapping vs Raising Out of the Gate: The Six Questions to Ask Yourself

This is going to be BIG.

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How getting away from your desk can make you a better leader

Entrepreneurs' Organization

Contributed by Jan Bednar , CEO and founder of ShipMonk. Many business leaders pride themselves on perpetuating the “workaholic” lifestyle. They assume that an always-on, always-available mentality is a prerequisite for success, so they slog through 80-hour workweeks and glue their eyes to their desks, laptops and cellphones. I take a different leadership approach.

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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

Today we’re announcing that my partner Kara Nortman is becoming Co-Managing Partner at Upfront Ventures and I can’t tell you how thrilled I am to welcome her to her new role. As with all promotions, the reality is that Kara was already acting as a senior leader at our firm and also in the industry at large. She had all of the skills and traits we sought?

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The De-Carbonization Of The Economy

A VC: Musings of a VC in NYC

Over the last decade, the Gotham Gal and I have moved away from oil and gas in our homes and have installed solar panels for electricity and heat pumps for heating and cooling. It has gotten less expensive to do this swap out as solar and heat pump costs have come down. My partner Albert told me that when you factor in the financing costs of this swap, the average home in the Northeast United States could save $1000 to $2000 a year by doing this swap.

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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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How one YLAI Professional Fellow unlocks potential through mentorship in Antigua and Barbuda

Young Leaders of the Americas Initiative

By Caroline Sachdeva. “I believe each individual is unique and possesses greatness within them,” says Janese Henderson. Janese, a 2017 YLAI Professional Fellow, is the founder of Jan’s Empowerment Institute (JEI) in Antigua and Barbuda. She works tirelessly to aid in the development of the full potential of her community and empower others to find economic independence.

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7 Key Risks in Early Stage Due Diligence

The Seraf Compass

Risk is impossible to avoid in business - it is an inherent part, and necessary ingredient, in all successful undertakings. You shouldn’t be afraid of risk and allow it to turn you away from great investment opportunities. Instead, you should focus on understanding what critical risks are involved with an early stage company and the degree to which they have been mitigated with resources, smart planning and preparation.

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4 things I wish I knew as a young entrepreneur

Entrepreneurs' Organization

Contributed by Shawn Johal , business growth coach, leadership speaker and co-founder of DALS Lighting, Inc. He is also an active member of the Entrepreneurs’ Organization (EO) Montreal chapter. . “The secret of getting ahead is getting started.” –Mark Twain. Many entrepreneurs I meet have incredible stories about the way they started their businesses.

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Startup School for Future Founders

Y Combinator

We launched Startup School as an online program in 2017 to support founders actively working on building their companies. On November 9th, we’re also opening Startup School to potential founders who are interested in starting a company in the future. You can register for the new course today. Startup School has been extremely successful at helping active founders grow their companies, serving over 140,000 founders to date!

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A Failing Grade

A VC: Musings of a VC in NYC

I wrote yesterday , about the quarterly numbers for VC investing activity: If this was a student coming home with a report card, it would be straight As. Well, I missed something in the data that was subsequently reported on by PitchBook , one of the authors of the report: Venture funding for female founders has hit its lowest quarterly total in three years.

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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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10 Zurich-area investors on Switzerland’s 2020 startup outlook

TechCrunch

European entrepreneurs who want to launch startups could do worse than Switzerland. In a report analyzing Europe’s general economic health, cost of doing business, business environment and labor force quality, analysts looked for highly educated populations, strong economies, healthy business environments and relatively low costs for conducting business.

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merging biology and innovation studies for under-resourced students: a Q&A with Adrienne Williams of West Virginia University

Venture Well

Adrienne Williams from West Virginia University works to expand access to entrepreneurial mentorship opportunities for science and biology for under-resourced students. The post merging biology and innovation studies for under-resourced students: a Q&A with Adrienne Williams of West Virginia University appeared first on VentureWell.

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Don’t raise money. Don’t hire. Don’t build. Sell.

Entrepreneur's Handbook

How I spent €200.000 on a failed startup by raising money, hiring people, and building a product no one wanted. Courtesy of Trev Murphy We received the call we’d been waiting for. An angel investor was ready to make us an offer. After some back and forth, despite it being a “biggish” amount of money, we said no. The main reason for this is because we were still figuring out what we do and knew that it would be way too easy to completely waste the money.

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Financial planning during a pandemic

Entrepreneurs' Organization

Devin Salinas joined the Entrepreneurs’ Organization in early 2020. As a wealth management advisor and managing director at Northwestern Mutual Santa Monica, he’s seen the need for financial planning grow during the pandemic. . What is your advice during this time of uncertainty? . Seek professional advice. Financial success is built on a foundation of discipline and consistency.

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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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How to spin your scientific research out of a university and into a startup

Y Combinator

This is advice for people who have done scientific research at a university and are considering starting a company to commercialize it. At YC, we’ve funded more than 75 companies in this situation. We also recently went on a Bio Tour where we went around to research universities and talked with hundreds of students and professors in the life sciences about commercializing their research.

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E-Commerce and Retail

A VC: Musings of a VC in NYC

Most of us have seen some version of this chart that shows how the Covid pandemic has accelerated e-commerce adoption: What is interesting to me is that it has also impacted in person retail experiences. Most restaurants in NYC are not passing out menus anymore. They just have a QR code at the table that you aim your phone camera at and are taken to the menu.

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Nestlé acquires healthy meal startup Freshly for up to $1.5B

TechCrunch

Nestlé USA just announced that it has acquired Freshly for $1.5 billion — $950 million plus potential earnouts of up to $550 million based on future growth. Founded in 2015, Freshly is a New York City-based startup that offers healthy meals delivered to your home in weekly orders, which can then be prepared in a few minutes in your microwave or oven.

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5 Step Process for Turning a Hobby Into a Side Hustle

StartupNation

Many successful entrepreneurs started by taking a hobby and turning it into a side hustle. That side hustle can eventually turn into a bona fide business. But where do you even start? StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here. 5 steps to turn your hobby into a side hustle. List your hobbies and passions.

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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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How Women Entrepreneurs Can Advance in Business

Smart Hustle Magazine

Being a woman and owning your business means there's a good chance you're facing an uphill battle. And this was before COVID-19 hit the world by storm. Which means it has only added to your list of things to conquer. Now, we aren't saying that women aren't successful in business. We are just recognizing that women entrepreneurs have to fight harder and longer to be as successful as their male counterparts.

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Cyber security in a work-from-home world

Innovation 2 Enterprise

By Scott Meacham. Connecting with experts across the state on the subject of “first the pandemic, then what,” I am struck that the first thing everyone mentions is the pandemic phenomenon of telecommuting and work-from-home. From scientists at Oklahoma Medical Research, to engineers and software developers at startups like Ten-Nine Technologies, to Oklahoma-based experts in energy and finance, every business is adjusting to this mostly positive new configuration of work—and expecting it to endur

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Designing Websites For Kids: Trends & Best Practices

Feedough

Designing a website for kids is not a child’s play. We all are surrounded by a digital age and so are our kids and children whose tiny little fingers always remain glued to smartphones and tablets. From homes to schools, mobile devices have become a part of their life and childhood, leaving their toys and outdoor activities way behind. While the globe around is adapting the learning through online trends, kids also spent a lot of time learning new things online.

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Venture Funding Trends Intact

A VC: Musings of a VC in NYC

The NVCA and Pitch Book are out with their Q3 report on the VC industry and what they report is that the VC industry continues to be very active throughout the pandemic. Deal counts and deal values are stable to up over last year. The massive expansion of later-stage private capital continues unabated. Valuations continue to rise. And exits have been very robust.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Was Quibi the good kind of startup failure?

TechCrunch

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. Startup failure is easy to hold up as a type of martyrdom for progress, especially if the founders are starting out scrappy in the first place and trying to save the world. But heroic narrative gets complicated when the startup failure involves the biggest names in entertainment, dubious product decisions, and well over $1 billion in losses in an a

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7 Accomplished Entrepreneurs Share How to Start a Business with $100

StartupNation

StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here. Many would-be entrepreneurs never start because they’re waiting for the perfect idea or don’t have enough disposable capital to break out of the rat race. These accomplished entrepreneurs and members of The Oracles share how to start with $100. 1. Buy and flip.

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How Keap Encourages Success During COVID-19 [Bonus Tips Included]

Smart Hustle Magazine

The coronavirus outbreak wreaked havoc on most small businesses. Disrupted supply chain, reduced customer demand, and dried cashflow were just a few of the many implications of COVID-19. Though small businesses are now recovering, it was a bumpy ride for the first few months - during and post lockdowns. Keap Going Small Business Grant Contest encouraged many small businesses to stay afloat in such an unprecedented crisis.

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How to Raise Capital for a Startup (or Venture Fund) That’s Ahead of its Time

Entrepreneur's Handbook

Precursor Ventures’ Charles Hudson shares his top tips for raising capital for an unconventional, out-there idea. Continue reading on Entrepreneur's Handbook ».

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How to Avoid the Pain and Cost of PCI Compliance While Optimizing Payments

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security, Matt Doka, Co-Founder and CTO of Fivestars, and Steve Andrews, President & CEO of the Western Bankers Association 

PCI compliance can feel challenging and sometimes the result feels like you are optimizing more for security and compliance than you are for business outcomes. The key is to take the right strategy to PCI compliance that gets you both. In this webinar, we have a great set of panelists who will take you through how Zero Data strategies can be used as part of a well-rounded compliance and security approach, and get you to market much sooner by also allowing for payment optimization.