February, 2023

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Grow Fast, Breakeven, or Die: How Moderate Cuts Will Kill Startups in 2023

This is going to be BIG.

“Extend your runway.” That’s what every VC is telling their portfolio companies these days. The very important part they’re leaving out, however, is, “But keep growing at the same pace before the cuts.” In other words, they’re telling companies that, in order to get next round funding, they’re somehow supposed to stay the same fast growers they were before the tech downturn, but just do that longer and get to higher aggregate revenue and performance numbers.

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The VC’s Customer

A VC: Musings of a VC in NYC

I saw Dan Primack assert that the venture capitalist’s customer is their limited partners in this tweet about the Citizen app, the recap, and their VCs: Regular reminder that, ultimately, VC funds works for their limited partners, not for their portfolio companies. [link] — Dan Primack (@danprimack) February 25, 2023 I DM’d Dan to let him know that is not the right way to think about the venture capital business.

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3 Types of Questions Investors Ask When They’re NOT Interested In Investing in Your Startup

Entrepreneur's Handbook

Learning how to tell when investors aren’t interested will save you tons of time and frustration.

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Anthropic begins supplying its text-generating AI models to select startups

TechCrunch

Anthropic , a buzzy AI startup co-founded by ex-OpenAI employees, has begun offering partners access to its AI text-generating models. The first commercial venture to announce that it’s integrating Anthropic models is Robin AI , a legal tech startup that’s raised over $13 million from investors including Plural, Episode 1 and the Google Black Founders Fund.

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

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.

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The Benefits of Encouraging Creativity and Innovation in the Workplace

StartupNation

Creativity is essential for any organization if you want to keep your business moving forward. There are numerous organizations… The post The Benefits of Encouraging Creativity and Innovation in the Workplace appeared first on StartupNation.

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How America’s Public Libraries Nurture Entrepreneurship

Source Link

Libraries are the unsung heroes of entrepreneurship, offering essential resources and programs to equip innovators and business leaders with the tools they need to succeed. These public learning institutions transform into collaborative arenas filled with entrepreneurs ready to take their businesses off the ground. All you need is a library card to access an entrepreneurial toolbox […] The post How America’s Public Libraries Nurture Entrepreneurship appeared first on SourceLink.

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Singapore’s Ampotech raises S$1.77m in Pre-Series A to fund global expansion

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Ampotech , a Singapore-based energy technology startup , has announced that it raised S$1,775,000 in Pre-Series A to fund its international expansion. The company plans to open its first international office in the coming months in order to bring its solutions to new industry verticals, beyond its base in commercial real estate.

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Investing in a More Inclusive Innovation Economy

Revolution

Since the beginning of modern venture capital investing — a relatively nascent asset class — the industry has been biased toward funding what it knows best: founders with familiar demographics (white, male) in familiar geographies (Silicon Valley). Despite the recognition of bias and calls for change, systemic inequities unfortunately persist. Case in point: only 1% of 2022 VC dollars went to Black founders, a marked decrease year over year.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

Today marks exactly one year since Russia’s illegal, unprovoked, and brutal of Ukraine. This week, a majority of the members of the United Nations reiterated its demand that Russia “immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine and called for a cessation of hostilities”. It would be fair to say that TechCrunch can only concur with this sentiment.

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State of AI in Sales & Marketing 2025

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.

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The Rebrand

A VC: Musings of a VC in NYC

I’d guess that upwards of half of USV’s portfolio companies have changed the name of their company during their lifetime. It is not hard to understand why. Founders start out with an idea and not much more. By the time they have built a product, built a team, and found product market fit, they might be doing something a bit different or a lot different than where they started out.

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EO Global Speakers Academy grads share transformational results

Entrepreneurs' Organization

Contributed to EO by Marina Byezhanova , an active member-leader within EO and a member of EO Canada Bridge chapter. An entrepreneur, global speaker and university instructor, she is on a mission to inspire entrepreneurs to stand out, speak up and be radically authentic. She is the co-founder of Brand of a Leader , the personal branding agency for entrepreneurs.

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Sarah Says: How To Find the Right Mentor

Venture Well

Sarah Wharmby offers advice for early-stage innovators on developing and maintaining mentor relationships. The post Sarah Says: How To Find the Right Mentor appeared first on VentureWell.

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Thai digital platform MONIX closes pre-IPO round with $20m funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Thailand’s artificial intelligence (AI)-powered digital lending platform , MONIX Co., LTD. , has announced that it successfully secured $20 million in the first close of its pre-initial public offering (IPO) fundraising. With the addition of $20 million, the company now has an aggregate funding of $40 million.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Lesson #350: Top 10 Marketing Strategies for Startups

Red Rocket

I recently got connected to Alyssa Hitaka at TopTierStartups.com , a new content site rich with startup related news, tips and interviews with startup founders. I was curious what her startup founders were seeing, in terms of the best marketing strategies they are successfully using today. Alyssa was kind enough to interview ten of her founders, to get those learnings.

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Co-Creation Hub’s edtech accelerator puts $15M towards African startups

TechCrunch

Africa’s largest innovation hub Co-Creation Hub (CcHUB), is launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya over the next three years, TechCrunch has learned. According to a statement shared by the firm, the accelerator program will support and amplify the impact of edtech startups across Africa, as well as support founders offering tech solutions that will address learning innovation in an educational se

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The Compounding Advantage of a Big Chip Stack in a Downturn

Tomasz Tunguz

During this recession, startups will fall into one of four categories which I wrote about in June. But, I missed something in this post : the advantages are compounding, which is the reason the biggest will continue to win share. It’s also the reason changing strategies can be expensive. This is the time in the startup cycle when big balance sheets become strategic advantages.

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EO Members Share Takeaways from 2023 WEF in Davos

Entrepreneurs' Organization

In the photo: WEF’s Olivier Woeffray, Julia Devos and Stephan Mergenthaler with EO members John Metcalf, Troy Armour and Nikhil Hirdaramani in Davos, Switzerland. The World Economic Forum (WEF)’s annual meeting in Davos, Switzerland convened leaders from business, government and civil society committed to driving positive, tangible change for the long-term of our planet and the people who live on it.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

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.

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Better online Alternatives to antler and entrepreneur first to help build your business

Founder Bounty

So your looking to get a business or startup of the ground but dont know where to start. Anter and EF position themselves as pre seed investors. But what if you where looking for an alternative way with real entrepreneurs and mentors to help you get your business of the ground and moving.  There are some online alternatives you could use which could give you some real guidance.

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Blockchain Founders Fund makes final close of $75m venture fund

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Blockchain Founders Fund , an early stage Web3 Venture capital fund based in Singapore , has announced the final close of its Fund II at $75 million. Fund II, which aims to support high growth potential pre-Seed and Seed stage Web3 and blockchain startups, received backing from key investors, including Polygon, Ripple, Octava, NEO Global Capital (NGC), Appworks, Sebastien Borget COO of

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Changing The Face(s) of Venture Capital, Screendoor Hires Lisa Cawley, Our First Managing Director, to Scale Further

Hunter Walk

An Economic Vehicle With a Societal Mandate, Screendoor Backs Emerging Managers from Underrepresented Groups My hope for Screendoor is clear, if not simple: we’re going to be the largest, and most impactful, investor in emerging managers. Our strategy for accomplishing this is to focus on new firms led primarily by underrepresented VCs, back them meaningfully, and support them via a community of peers, advisors, and institutional LPs.

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Gable raises the roof (and $12M) for better remote working options

TechCrunch

Remote working options and workplace flexibility can be a bit of a head-scratcher for employees and employers alike, but Gable , which has just raised $12 million in Series A funding following on a $3.25 million round of seed funding, is hoping to make it smoother for everyone. The company provides a one-stop-shop for managing employees’ remote working options.

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Congratulations to the 2023 YC Top Companies!

Y Combinator

We’re excited to present the 2023 YC Top Companies! The startups are separated into 4 lists: YC’s top private , public , exited , and breakthrough companies. Private companies and exits are sorted by the company's valuation from their latest funding round, and all are valued at over $150M. Public companies are listed in alphabetical order.

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Why there are so few women in tech (and what you can do about it!)

Entrepreneurs' Organization

Contributed to EO by Natalie Kaminski, an EO New York member and co-founder and CEO of JetRockets. In observance of the United Nations’ International Day of Women and Girls in Science on 11 February, we asked Natalie to share her view on women in STEM careers, and specifically in her field of computer science. Here’s what she shared: I immigrated to the US from Israel at the age of 18 with US$500 in my pocket.

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How to start an online business and where to start in 2023

Founder Bounty

Starting a business from scratch is hard and you must know it. Having been though Techstars and interviewed at YC i know this. There are so many things that have to go right for it to work. The team, the funding (if you have any) the idea, the timing, the advisors, the pilots to get your investment. The point is whatever business your trying to build its good to have coaching advice and mentoring from people in the space your trying to build.

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MTDC, Gobi Partners co-invest $1.16m in Malaysia’s pitchIN EFC

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register The Malaysian Technology Development Corporation (MTDC), a company that is wholly-owned by Khazanah Nasional Bhd, has joined Gobi Partners in co-investing $1.16 million (RM5 million) in Pitch Platforms Sdn Bhd (pitchIN). The investment, that was made through MTDC’s Business Growth Fund (BGF Fund) and Gobi‘s Superseed II Fund (Gobi SSII Fund), will be spent to assist Pitch Platforms to

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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.