July, 2020

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How to Manage a Startup Through Troubling Times

Entrepreneurs' Organization

Contributed by Rizwan Virk , author of S tartup Myths and Models: What You Won’t Learn in Business School. The pandemic of 2020 has tested most sectors of the economy. Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups. Many entrepreneurs are reliant on outside funding, whether angel investors, venture capitalists or strategic investors , to keep the venture going.

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Startup Funding Explained: How to Raise a Bridge Round

Dream It

When you’re raising a bridge round and pitching investors, their first reaction may be that you’re in trouble. To overcome this, you’ll need to properly address your reason for raising bridge funding. In this #DreamitDose, Managing Partner Steve Barsh gives founders tips on how to frame their bridge round ask, overcome assumptions investors often make, and provides a general way to structure startup bridge round pitches.

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Early Stage Investment Syndication: Key Issues

The Seraf Compass

A very common practice in the investment world is syndication. Syndication allows multiple investors -- whether they be individuals, angel groups, VC funds, etc. -- to join together and provide the funding resources needed by one company. Syndication has been a common practice amongst VC firms for decades.

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The Money Trap: How to Choose Between Money and Passion

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 Montreal chapter. . “A wise person should have money in their head, but not in their heart.” –Jonathan Swift. Do you ever wake up wishing you had enough money to stop working and the option to follow your passion without any worries?

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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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weaving environmental innovation into visions of the future: q&a with taryn mead of Western Colorado University

Venture Well

Taryn Mead of Western Colorado University teaches students entrepreneurship concepts through an environmental innovation lens, helping them envision their contribution to a more sustainable future. The post weaving environmental innovation into visions of the future: q&a with taryn mead of Western Colorado University appeared first on VentureWell.

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#savetheunicorns – a startup campaign by UBI Global

UBI Global

Save the Unicorns! – The new innovation initiative from UBI Global and how to get involved! There has never been a more seismic shift for the innovation community than the onset of the COVID-19 pandemic. Startups and the business incubators and accelerators nurturing them have experienced some huge unforeseen challenges. Corporations have had to pivot […].

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TrekIT Health Raises $1M Seed Extension, Hires New Executive Chairman

Dream It

TrekIT Health (HT- ‘18) is a HIPAA compliant and secure, real-time workspace for synthesizing information across EHRs and care teams. Clinicians love TrekIT because of its intuitive and predictive interface which serves as a cure for disjointed information systems and a replacement for paper task lists. Today, the company announced closing $1M in additional seed financing.

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The Fundraising Market Two Quarters into COVID

Tomasz Tunguz

It’s been two quarters since the coronavirus has hit Startupland. And you can see the impact of the shutdown in the numbers. We reviewed the data in May and compared it to the effects of the financial crisis in 2008 on startup fundraising. As a reminder, 2008 saw a 40% reduction in venture dollars invested in startups. It took about six to eight quarters to return to normalcy.

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Are you heading toward burnout?

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 Montreal chapter. . “If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” —Nikola Tesla. Life is busy, and focus is hard to come by.

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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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moving design and innovation courses online: emphasize empathy and objectives

Venture Well

When moving your innovation courses online, it's important to focus on objectives and how best to academically and emotionally support your students. . The post moving design and innovation courses online: emphasize empathy and objectives appeared first on VentureWell.

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Headgum and Gumball

A VC: Musings of a VC in NYC

Podcasts have emerged as a major new category in media/entertainment/news/education etc. We have seen huge deals for big podcast hosts like Bill Simmons and Joe Rogan, both of whom did transactions with Spotify for nine-figure amounts. But as Spotify (and surely others to follow) lock-up top podcast content to strengthen their subscription offerings, we stand to lose something awesome about podcasts which is the ability to listen to them for free on any platform we choose.

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#savetheunicorns – a startup campaign by UBI Global

UBI Global

Save the Unicorns! – The new innovation initiative from UBI Global and how to get involved! There has never been a more seismic shift for the innovation community than the onset of the COVID-19 pandemic. Startups and the business incubators and accelerators nurturing them have experienced some huge unforeseen challenges. Corporations have had to pivot […].

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How to Get a CISO to Buy Your Product

Dream It

To keep an organization safe, a CISO depends on as many as 50 to 100 different products. This presents a huge opportunity for startups. However, this means that a CISO sees a LOT of pitches in their role. Securetech Managing Director at Dreamit, Mel Shakir , talks to CISOs every week. He knows how to drive a CISO’s emotional response and draw attention to your product.

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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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The Five Important Trends in Data, and the One Megatrend Powering Them All

Tomasz Tunguz

Yesterday, Dremio hosted the Subsurface Conference , the first conference on cloud data lakes. More than 5000 people registered, and more than 2500 attended. If one had doubts that cloud data lakes are a strategic area for many in the data ecosystem, those figures should quash them. I delivered a presentation at the end of the day that I’ll share here.

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4 Reasons to Be Optimistic Today

Entrepreneurs' Organization

Contributed by Greg DeLine , president and CEO of DeLine Holdings. COVID-19 was the stealthy rival no one saw coming. As entrepreneurs, we face challenges throughout our careers, but we don’t spend a lot of time planning what we’ll do during and after a global pandemic. Yet here we are. In recent months, small business leaders around the world have faced the toughest decisions of their careers.

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students and industry partnering for the planet: when waste leads to good business

Venture Well

More university programs are fostering industry partnerships, and giving students real-world opportunities to address environmental issues. . The post students and industry partnering for the planet: when waste leads to good business appeared first on VentureWell.

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The Startup Community Way

A VC: Musings of a VC in NYC

My friend Brad Feld has updated his excellent book on startup ecosystems called Startup Communities. The updated and expanded book is called The Startup Community Way and it is available for pre-order on Amazon. The book comes out tomorrow so you won’t have to wait long for it. The timing of this book is excellent. The pandemic has shown that you don’t have to live and work in any particular place to be productive and innovative.

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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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Practical Metrics and Methods: ESHIP Goal 5 – Part 2

Ecosystem Builder Hub

Practical Metrics and Methods (Academic Edition): Identify and develop better metrics and methods for ecosystem building. In a nutshell : There are many metrics and methods in use in entrepreneurial ecosystem building, but they are not all widely adopted. In fact, many approaches are still emerging. Identifying effective practices for ecosystem building requires robust data, rigorous analysis, and room for experimentation.

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Working in Corporate Provided the Education She Needed to Become an Entrepreneur

Smart Hustle Magazine

Anika Hobbs is the owner and chief curator of Nubian Hueman , a fashion brand that partners with almost 500 artists and designers, from 6 different continents, and over 25 countries. But Anika didn’t just fall into entrepreneurship — instead, she used her years of working at a large corporate fashion brand to learn everything needed to go off and be successful on her own.

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Banner Year for Oklahoma Startups with $29.23M in Funding

Innovation 2 Enterprise

i2E, Inc. had a record-breaking number of investments in FY2020 with $12.89M in closed investments across its 4 venture funds and concept fund. In total, 19 Oklahoma startups received financing and attracted an additional $16.34M from private investors, for a total of $29.23M invested in Oklahoma-based companies. i2E Management Company Inc. (iMCI ) , i2E’s investment arm, invested $12.5M in 12 companies that needed funds to get them to the next phase of their growth such as expanding sales, oper

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3 Ways to Increase Diversity and Inclusion in Your Workplace Starting Today

Entrepreneurs' Organization

No one can dispute the inherent benefits of diversity in the workplace. A diverse and inclusive organization amplifies the number of potential hires—which means access to the most talented candidates. A variety of backgrounds in your business means a variety of perspectives—which leads to unique innovations. Plus, a culture of inclusion translates into a happier, more productive workforce.

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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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advancing aneurysm treatment with game-inspired design: q&a with Gopesh Tilvawala of Neurotendo

Venture Well

E-Team Neurotendo developed a game-inspired device that enables safer and quicker aneurysm treatment with higher success rates. The post advancing aneurysm treatment with game-inspired design: q&a with Gopesh Tilvawala of Neurotendo appeared first on VentureWell.

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Crawl, Walk, Run

A VC: Musings of a VC in NYC

I am a fan of the slow and steady approach to building a business. I call it “crawl, walk, run.” I have seen many founders try the “run right away” approach and it is super hard to make that work. An example of “run right away” would be to raise a $30mm seed round, hire a couple of hundred employees, and go for broke.

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The Startup Community Way: Evolving an Entrepreneurial Ecosystem

Ian Hathaway

After three eventful years , I’m excited to say that my new book— The Startup Community Way: Evolving an Entrepreneurial Ecosystem , with Brad Feld —is officially available to the public today! It’s my first book, so this is a new feeling. It’s hard to put into words just how grateful I am for the experience. I learned so much in the process and developed a large number of meaningful relationships along the way that will last a lifetime.

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Unsung Hero Spotlight: Beth Zimmer

Ecosystem Builder Hub

To you, what is an Ecosystem Builder? To me, an Ecosystem Builder is someone that is a servant leader who is naturally optimistic and focused on solving systemic problems. We appreciate collaboration and work diligently to identify appropriate networks & partners within ecosystems to convene and apply solutions collectively. Ecosystem builders exist in a variety of places, such as communities, organizations, industries, etc.

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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.