July, 2024

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Lean and Mean: How to Boost Startup Growth on a Shoestring Budget

Entrepreneurs' Organization

The excitement of building your own business can quickly fade when faced with the reality of resource constraints. However, even though the path to success may be challenging, remember that countless thriving companies started with only a great idea and sheer determination. You can, too! By embracing strategic thinking and the lean startup philosophy, you can overcome entrepreneurial challenges and bring your vision to life.

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How Often Should Angel Investors Update Their Estate Plans?

The Seraf Compass

Estate planning is a critical aspect of financial management that often flies under the radar for many investors, especially those involved in the dynamic world of angel investing. While most individuals update their estate plans every three to five years, it begs the question: is this sufficient for angel investors? Let's explore why angel and venture capital (VC) investors could be best served adopting a new strategy.

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Ben Franklin’s Spring 2024 TechCelerator Winners Announced!

Ben Franklin Technology Partners

On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business. Out of the eight entrepreneurial teams, two were awarded prize money!

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Manila’s Hive Health Raises $6.5M to Expand and Innovate Digital Health Insurance

AsiaTechDaily

Hive Health, a digital health insurance company based in Manila, Philippines, has successfully raised $6.5 million in a pre-Series A funding round.

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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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Main Street – Supporting the Types of Businesses in Your Ecosystem

Source Link

The post Main Street – Supporting the Types of Businesses in Your Ecosystem appeared first on SourceLink.

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GLC Learn Arounds Unlock New Perspectives Via Full Immersion Learning

Entrepreneurs' Organization

At EO’s 2024 Global Leadership Conference (GLC) in Singapore, more than 1,800 EO members from 65 countries convened for the opportunity to learn and collaborate. The program included 10 guest speakers and keynotes on the main stage, learning tracks tailored for EO chapter leadership positions, and off-site learning and inspiration in the form of Learn Arounds.

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The Battle for AI Gravity

Tomasz Tunguz

During the era of big data, data gravity was the core strategic imperative. Wherever the biggest dataset resided, customers ran their compute workloads that generated all of the profit and revenue growth for the last generation of data companies. Today, the battle is for AI gravity. Why? AI requires orders of magnitude more compute than other workloads, so there’s much more money & profit to be made serving customers running them.

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Revolution Statement on Vice Presidential Candidate JD Vance

Revolution

JD Vance worked at Revolution for about a year and a half, starting in 2017, following the publication of his best-selling book, Hillbilly Elegy. The book’s focus aligned well with Revolution’s Rise of the Rest, an initiative started and championed by Steve Case to shine a spotlight on emerging startup ecosystems between the coasts. JD helped launch the first Rise of the Rest Seed fund, joined us for a number of Rise of the Rest Road trips, and led investments in companies such as Anduril, Branc

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Alibaba-Backed Baichuan Secures $691 Million, Valued at $2.7 Billion

AsiaTechDaily

Beijing-based artificial intelligence startup Baichuan Intelligent Technology has raised approximately 5 billion yuan (about $691 million) in its latest funding round. Major Chinese technology firms, including Alibaba Holding Ltd.

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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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You keep using that word. I do not think it means what you think it means.

Gust

There's a difference between your 409a valuation, and the valuation negotiated with investors during a capital raise. The post You keep using that word. I do not think it means what you think it means. appeared first on Gust.

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Novocuff’s Medical Device Reducing Preterm Births Gains $26M Series A

American Entrepreneurship

Preterm birth is the number one cause of infant mortality globally Women face a variety of challenges during their pregnancies that often require medical care. Preterm births each year affect millions of families worldwide leading the startup Novocuff to find a way to extend pregnancy. To achieve this, co-founders CEO Amelia Degenkolb and COO Donald Lee developed a medical device to stabilize and close the cervix to retain amniotic fluid and sustain cervical length.

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Three Uncomfortable (but Vital) Leadership Truths for Entrepreneurs

Entrepreneurs' Organization

Being an entrepreneur doesn’t make you a great leader, Creating opportunities for others is commendable, but true leadership goes beyond business ownership. There is so much more to leadership that builds community and creates impact. As I grow into my new role as EO’s Global Board Chair , I begin by looking back on my entrepreneurial journey over the past decade and see now, with the benefit of hindsight, how my understanding and approach to leadership have drastically evolved.

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The Future of Blockchain Data : Our Investment in Allium

Tomasz Tunguz

Large scale ETL (extract, transform, load) processes are a critical part of any data pipeline. They are responsible for moving data from one place to another, transforming it into a usable format, and loading it into a destination system. In the world of blockchain, these processes are even more complex. In web2, the engineering team building a payment processing system will convey to the analytics team the data schema.

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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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InvestaMatch providing small business funding opportunities outside conventional avenues

NZ Entrepreneur

When an accounts manager working in the farming sector in the Canterbury region decided it was time for a career change, a new opportunity came in the form of a plumbing business – however, there was a twist. The plumbing company in question was not only looking for an employee with an accounting background, but someone who would be keen to buy a 20% stake in the business.

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Ex-Meta Engineers’ Startup Heymax.ai Raises $2.6M to Expand Personal Finance Platform

AsiaTechDaily

The Singapore-founded personal finance and shopping platform Heymax.ai has secured US$2.6 million in a seed funding round.

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Lesson #361: Let Ad Campaigns ‘Breathe’—Over Optimization Can Suffocate Results

Red Rocket

I have been a digital marketer for over 30 years, living by the mantra of making data-driven decisions that maximize your return on ad spend (ROAS). Like any good marketer you will always be testing and tinkering with your ad campaigns to optimize your copy, creatives, lading pages and messaging in a way that will get you the best results, in the form of your highest ROAS or lowest cost of customer acquisition (CAC).

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Just-launched Pet Fund Ani.VC announces DOG PPL as First Investment

American Entrepreneurship

Pets reside in a significant portion of households and continuing market growth is expected In the United States, the pet population is a significant portion of U.S. households, according to the American Pet Products Association with 66% reporting at least one pet in 2024. Total expenditures of $147.0 billion in 2023 are expected to grow to $195.6 billion by 2030.

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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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First-Year Members Share Why They Would Join EO Again (and Again!)

Entrepreneurs' Organization

Have you ever wondered what it’s like to join the Entrepreneurs’ Organization (EO), the world’s largest membership network formed exclusively by entrepreneurs, for entrepreneurs everywhere? With nearly 19,000 members in over 80 countries, EO offers local, regional, and global experiences that support entrepreneurs beyond just business. If you’re a new EO member, congratulations!

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No SaaS! How AI Agents Will Change Software Pricing

Tomasz Tunguz

In a world where AI agents are 2.5-3x as productive as humans, which would parallel mechanical robots, how does a software company price? Building on yesterday’s post , pricing in software companies may change significantly when AI agents become the norm. The SaaS business model of the last 20 years for SaaS is a beautiful one. Annual prepaid contracts are free loans to software companies ; seat-based pricing is a tangible metric for pricing ; as a client grows so does this account, produc

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Transforming Everyday Interactions: An Interview with Michael Jung of DeepBrain AI on the Future of…

Jason Malki

Transforming Everyday Interactions: An Interview with Michael Jung of DeepBrain AI on the Future of AI Avatars I had the pleasure of interviewing Michael Jung, CFO and Head of Global Business at DeepBrain AI , who brings vast experience in corporate strategy and AI technology. With a background in economics and accounting from UC San Diego, he has held significant roles at SK Group and LG Group, specializing in M&A and valuation.

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How is AI Reshaping Enterprises? iKala Sega Cheng: “Enterprise Brain” Will Be the Key to a Paradigm Shift

AsiaTechDaily

Artificial intelligence (AI) has experienced rapid development over the past year.

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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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Ben Franklin’s Spring 2024 TechCelerator Winners Announced!

Ben Franklin Technology Partners

On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business. Out of the eight entrepreneurial teams, two were awarded prize money!

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Metropolis’ AI Platform Transforms Parking Experiences, Backed by $1.8 Billion in Financing

American Entrepreneurship

The four co-founders are continuing to pass major milestones with an acquisition strategy and timely funding since its launch in 2017 Drivers’ parking experiences around the country are now being enhanced through artificial intelligence, enabling them to readily come and go without checking out. Metropolis Technologies’ recent acquisition of SP Plus Corp.

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The Dual Nature of Giving: Reflections on Philanthropy and Success

Entrepreneurs' Organization

As EO enthusiastically welcomes Jamie Pujara, an EO Kenya member, as its new Global Chair for fiscal year 2024/2025, it is the perfect moment to reflect on past achievements and envision future goals. Jamie’s words resonate with EO members worldwide: “It is not just my year to lead; it is our collective year to create impact.” Embracing the transformative power of generosity, Alex Yastrebenetsky, an EO Cincinnati member who inspired us with his thought leadership in Want to Cha

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Punctuated Equilibrium in AI : Is it Better to Be A First Mover or A Last Mover?

Tomasz Tunguz

Machine learning advances tend to evolve in bursts. Researchers publish a new paper with a newly discovered technique. It launches the industry forward & more researchers rapidly iterate to improve it further. Progress looks like this - a series of S curves one after another. No one knows the time period between the rapid progress or the slope of the curves or how much progress we’ll make during one of these curves.

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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