December, 2023

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More than 40 investors share their top predictions for 2024

TechCrunch

From when the exit market reopens to what happens with AI investing, more than 40 VCs share their predictions and expectations for 2024. © 2023 TechCrunch. All rights reserved. For personal use only.

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Big Ideas in Tech for 2024

Andreessen Horowitz

Smart energy grids. Voice-first companion apps. Programmable medicines. AI tools for kids.
We asked over 40 partners across a16z to preview one big idea they believe will drive innovation in the coming year.

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OpenAI's Napster/Google Moment

Jason Calacanis

Made this images using OpenAI’s Dall-E, which is ironic. Today, the New York Times sued OpenAI and Microsoft for stealing millions of pages of their content to power the most promising technology platform since the iPhone: ChatGPT. The charges aren't debatable and will be quickly proven if this landmark case ever makes it to trial -- and I think this one will.

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New year, new company - 10 additional spots in W24 for late applicants

Y Combinator

The end of the year is a time of reflection and when many founders decide it's time to make a change and get serious about their startup. Even though the official YC W24 application deadline was in October, we know there are founders that haven't already applied but are interested in being a part of the batch. These founders have decided now is the time to get serious about their startup.

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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Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business.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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The unfortunate math behind consulting companies

A Smart Bear: Longform

Hiring even one person creates a lot less profit than you'd think, and launching a product rarely works out. Here are some tips for consulting companies.

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The greatest moment to start a company? Right Now!

Jason Calacanis

“If only I had started a company during the desktop PC revolution in the 80s and 90s!” “If only I had started a company at the start of the internet!” “If only I had started an app or cloud company during the ZIRP run up from 2009 to 2021!” “If only I had started a company during web 2.0 in 2005!” I lived through all four of those tech supercycles.

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The New York Times wants OpenAI and Microsoft to pay for training data

TechCrunch

The New York Times is suing OpenAI and its close collaborator (and investor), Microsoft, for allegedly violating copyright law by training generative AI models on Times’ content. In the lawsuit, filed in the Federal District Court in Manhattan, The Times contends that millions of its articles were used to train AI models, including those underpinning […] © 2023 TechCrunch.

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From Bacteria to Bedside: The Arrival of CRISPR Medicine

Andreessen Horowitz

Originally discovered in bacteria, CRISPR quickly became the workhorse gene-editing system underlying the next generation of programmable medicines. Today’s landmark approval by the US Food and Drug Administration of Vertex Pharmaceuticals’ and CRISPR Therapeutics’ Casgevy, the world’s first CRISPR-based treatment, marks a groundbreaking shift in how we tackle intractable diseases.

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CES 2024: What we’re expecting

TechCrunch

More than anything, CES is a chance to plant a flag. Consumer electronics’ massive trade show is strategically positioned within the first week of the year. All the holiday tech has been purchased, opened and used or returned. It’s all a distant memory for tech companies looking to assert themselves as leading innovators for the […] © 2023 TechCrunch.

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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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Ford slashes production target for all-electric F-150 Lightning to match demand

TechCrunch

Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand. Ford executives signaled in October during its third-quarter earnings call plans to”adjust” production of its all-electric vehicles and delay about $12 billion in investments due to softening demand for higher priced premium electric vehicles.

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Announcing Our Latest Open Source AI Grants

Andreessen Horowitz

We’re excited to announce the second batch of a16z Open Source AI Grant recipients. This program is designed to support a thriving open source ecosystem around modern AI. We provide grant funding (not an investment) to developers and small teams who are building critical pieces of the open source AI stack. More information about the program and a list of prior recipients are available here.

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Beware AI’s hidden costs before they bankrupt innovation

TechCrunch

GenAI is driving another layer of technical debt for many businesses. Under the pressures of constant innovation, we could see the AI cloud grow at new, record-breaking speeds. © 2023 TechCrunch. All rights reserved. For personal use only.

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Investment in India is in free fall

TechCrunch

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. You shouldn’t compare apples to oranges, but similarly, comparing iPhones to Androids is a fool’s errand as well. Now that Apple is finally phasing out the Lightning connector after 11 years in favor of the more universal standard USB-C (across […] © 2023 TechCrunch.

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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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Zelda Ventures’ new pre-seed fund backs serial entrepreneurs

TechCrunch

Suzanne Fletcher invested in 10 companies from the new fund, so far, and plans to invest in 40 companies in total. © 2023 TechCrunch. All rights reserved. For personal use only.

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OurSky lands $9.5M seed to build out developer platform for space data

TechCrunch

A developer platform for the…sky? That’s the vision of OurSky, a startup founded last year that’s aiming to make space observational data more accessible via a software platform and global telescope network. The company announced that it closed $9.5 million in seed funding led by Upfront Ventures alongside Oceans Ventures, Venrex Investment Management, Marlinspike Partners, […] © 2023 TechCrunch.

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TechCrunch’s favorite apps of 2023

TechCrunch

As 2023 draws to a close, we reflect on some of our favorite apps that made everyday life a little easier this year. While flashy new AI apps and rival social networks were grabbing headlines, sometimes the most useful innovations fly under the radar. The apps on our best-of list may not have arrived in […] © 2023 TechCrunch. All rights reserved.

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Saudi shopping and BNPL platform Tamara tops $1B valuation in $340M Series C funding

TechCrunch

Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing round that values the fintech at $1 billion. Saudi asset manager and financial institution SNB Capital and Sanabil Investments, a wholly-owned company by Saudi’s sovereign wealth fund Public Investment Fund (PIF), […] © 2023 TechCrunch.

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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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A first look at nine new IndieBio NY companies that will present to VCs next month

TechCrunch

It was pure coincidence, but months before the pandemic took hold around the world, IndieBio — a startup accelerator devoted to startups using biology to solve large problems — expanded its remit, adding a New York arm to the operations it was already running out of San Francisco. Of course, it’s because of what the […] © 2023 TechCrunch.

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China’s WeRide tests autonomous buses in Singapore, accelerates global ambition

TechCrunch

After years of aggressive expansion at home, China’s autonomous vehicle upstarts are now setting their gaze on overseas markets. WeRide, in particular, has been on a licensing spree. On Monday, WeRide announced it has obtained two licenses from Singapore that will allow its robobuses to test on public roads on a “larger” scale. The two […] © 2023 TechCrunch.

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South African e-commerce startup TUNL gets funding to accelerate growth of its exports platform

TechCrunch

TUNL, a South African parcel shipping platform, has secured $1 million in pre-seed funding from investors, including Founders Factory Africa, Digital Africa Ventures, E4E Africa, and Jozi Angels. The platform, which claims to help e-commerce merchants save between 50% and 80% on international shipping costs, said the funding will fuel its expansion in its primary […] © 2023 TechCrunch.

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Helicity Space raises $5M to unlock fusion propulsion – and fast travel in deep space

TechCrunch

Helicity Space has closed a $5 million seed funding to accelerate development of a technology that could finally unlock fast, efficient travel in deep space. That technology is fusion propulsion, which has long been the domain of science fiction. The startup says that they have discovered a way to use plasma jets for fusion reaction. […] © 2023 TechCrunch.

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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.

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Procurement software startup Pivot raises $21.6 million just a few months after its creation

TechCrunch

French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe. After raising a $5.3 million pre-seed round in April (€5 million), the company worked on the first iteration of its procurement tool over the summer. In September, Pivot started selling its […] © 2023 TechCrunch.

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A Y Combinator-backed startup called Velt wants to make more apps collaborative

TechCrunch

Online collaboration has become routine thanks to productivity apps like Google Docs and team design platform Figma, among others, but there are still hosts of internet-connected applications where users cannot interact with colleagues, add notes or otherwise collaborate with one another. That’s something a new startup called Velt wants to fix with the launch of […] © 2023 TechCrunch.

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Electric scooter company Bird files for bankruptcy

TechCrunch

Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate as normal in pursuit of “long-term, sustainable growth.” Founded in […] © 2023 TechCrunch.

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Comcast says hackers stole data of close to 36 million Xfinity customers

TechCrunch

Comcast has confirmed that hackers exploiting a critical-rated security vulnerability accessed the sensitive information of almost 36 million Xfinity customers. This vulnerability, known as “CitrixBleed,” is found in Citrix networking devices often used by big corporations and has been under mass-exploitation by hackers since late August. Citrix made patches available in early October, but many […] © 2023 TechCrunch.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in