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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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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Ukraine One Year Later: Insights and Entrepreneurship in Action

Entrepreneurs' Organization

Since February 2022, the UN High Commission on Refugees reports that nearly 14 million people have been displaced from their homes in Ukraine—most of them seeking safety and shelter in other countries. More than 9 million of them crossed the border into Poland alone. Dawid Adach, a co-founder of technology company MDBootstrap and former EO Poland president from 2021-22, partnered with fellow EO members Szymon Boniecki, Jakub Szalaty and many others across Europe and North America to fundraise, c

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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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.

More Trending

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Five Predictions for the Future of Learning in the Age of AI 

Andreessen Horowitz

When OpenAI released its chatbot ChatGPT last year, proponents were quick to announce the death of various writing-related fields, such as screenwriting, computer programming, and music composition. One particular field stood out as a sector that would feel the power … The post Five Predictions for the Future of Learning in the Age of AI appeared first on Andreessen Horowitz.

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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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AI’s hype isn’t going to be simply star-studded 

TechCrunch

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. First off, hello to all the new Startups Weekly subscribers who joined us after last week’s newsletter. I’m glad we all still resonate with a comeback story. Second, here are some basics on what to expect.

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Waterborne Wonder: Getting to Know Antonio Lennert

Entrepreneurs' Organization

Antonio Lennert , a member of EO Canada Bridge, is an entrepreneur, designer and community builder. He is the co-founder and CEO of Surf the Greats , Canada’s largest brand and community for surf education, adventure and lifestyle on the Great Lakes and beyond. Marina Byezhanova interviewed Antonio about his entrepreneurial journey and contribute this post.

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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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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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India’s Turno raises $13.8M to build a proprietary battery tech platform

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Turno , an India-based platform for commercial electric vehicle (EV) distribution and financing, has raised $13.8 million in Series A that it could use to build a proprietary battery tech platform that will address issues on end-of-life battery value.

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Investing in Svix

Andreessen Horowitz

Every so often, we meet founders with unusually strong conviction about solving systems problems. They’ve often lived through the pain of bad software, diagnosed the cause of their suffering, and made it their mission to convince the world they have … The post Investing in Svix appeared first on Andreessen Horowitz.

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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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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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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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5 Proven Tips for Accelerating Your Sales Process In 2023 (and Beyond)

StartupNation

Whether you’re managing an early-stage startup or running a sales department for a larger company, a strong sales… The post 5 Proven Tips for Accelerating Your Sales Process In 2023 (and Beyond) appeared first on StartupNation.

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Be Present

Entrepreneur's Handbook

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) There are many activities we modern humans engage in so that we can be more present. Mental clarity and internal peace takes on extreme importance in a global society addicted to their endlessly pinging, internet-connected devices.

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FreshToHome nets $104m in Series D led by Amazon Smbhav Venture Fund

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register FreshToHome ‘s mission to make 100% preservative and antibiotic-residue free fish, seafood, and meat affordable and accessible to millions of meat lovers received a boost from the outcome of its recently concluded Series D. The funding round closed with $104M in fresh investments for the world’s largest and fully integrated online consumer brand for preservative and antibio

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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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Investing in Replicate

Andreessen Horowitz

It’s very rare to see a new building block emerge in computing. If aliens landed on earth and decompiled our software, every app would look roughly the same: some combination of networking, storage, and compute. The way developers consume these … The post Investing in Replicate appeared first on Andreessen Horowitz.

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Magical Metrics with Omni

Tomasz Tunguz

In August, I wrote about why Omni’s technology reinvents BI once more. The Omni founding team hails from Looker & Stitch. They’ve set out to solve the problems customers faced with the previous generation of BI. Today, I can show you what this means in practice because Omni is commercially available. Anyone who has managed a larger BI deployment has faced the challenge of managing hundreds, perhaps thousands of metrics.

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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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Why would you start a startup in an economic downturn?

Y Combinator

There will likely be a recession in 2023, and the major downsides to starting a startup are obvious: There is less money in the system so selling and fundraising are harder; investors have less money to invest and companies have less money to spend on products. But these are also reasons it’s an especially good time to start a startup, especially with YC.

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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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5 Remarkable Startup Lessons From an “Unremarkable” Seller of Gym Mats On Amazon

Entrepreneur's Handbook

You’ll never hear this from billionaire entrepreneurs, but learning from small online sellers can change how you run your business Continue reading on Entrepreneur's Handbook »

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AI Enthusiasm is Not a Bubble and Even if it was We Wouldn’t Necessarily Know it Yet

Hunter Walk

It’s Very Likely That Artificial Intelligence Will Be Worth More In Aggregate Than is Currently Being Invested (Just Unevenly Distributed) In kindergarten my daughter learned to not ‘yuck’ someone’s ‘yum.’ That is, just because you don’t like something there’s no reason to share that in the moment with another person enjoying it. There’s a lot of yumming AI right now and it’s of course perfectly fine (often helpful!

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Investing in Snapser

Andreessen Horowitz

We are thrilled to announce that a16z Games has led the Series Seed investment in Snapser , a games backend technology company poised to become the de facto platform for games studios. Twenty years ago, game studios had to develop … The post Investing in Snapser appeared first on Andreessen Horowitz.

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6 Ways Startups Can Determine Their Valuation: A Comprehensive Guide to Understanding Your Worth

Jason Malki

Discounted Cash Flow (DCF) Analysis DCF analysis is a valuation method that takes into account a startup’s expected future cash flows. This method calculates the present value of future cash flows by applying a discount rate that reflects the business’s risk. Angel investors and VCs prefer this method as it is a quantitative approach that relies on future projections.

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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