September, 2021

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The Changing Venture Landscape

Both Sides of the Table

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. Society is reorienting to a new post-pandemic norm?—?even before the pandemic itself has been fully tamed. And the loosening of federal monetary policies, particularly in the US, has pushed more dollars into the venture ecosystems at every stage of financing.

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How to Create a Healthy Local Startup and Tech Community

This is going to be BIG.

In 2010, Antonio Garcia Martinez, the founder of AdGrok, wrote, “New York will always be a tech backwater, I don’t care what Chris Dixon or Ron Conway or Paul Graham say.” That prediction obviously turned out pretty wrong, but it did drum up a whole lot of chatter about the right ingredients for building a startup community—about New York vs Boston on the East Coast and whether cities like Austin and Seattle would ever break through.

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How to thwart collaboration overload by working smarter

Entrepreneurs' Organization

Contributed by Rob Cross , professor of global leadership at Babson College, cofounder and research director of the Connected Commons business consortium, and author of Beyond Collaboration Overload: How to Work Smarter, Get Ahead, and Restore Your Well-Being. What is dysfunctional collaboration? The most common collaborative dysfunction is a product of too much collaboration driven either by an overly inclusive organizational culture, formal designs with too many reporting relationships, or e

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Pakistan edtech startup Maqsad gets $2.1M pre-seed to make education more accessible

TechCrunch

Taha Ahmed and Rooshan Aziz left their jobs in strategy consulting and investment banking in London earlier this year in order to found a mobile-only education platform startup, Maqsad , in Pakistan, with a goal “to make education more accessible to 100 million Pakistani students.” Having grown up in Karachi, childhood friends Ahmed and Aziz are aware of the challenges about the Pakistani education system, which is notably worse for those not living in large urban areas (the nation’s

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Power in People: Humans Will Determine Digital Transformation Success

StartupNation

Human talent will determine whether the growth of technology and digital transformation in business succeeds. According to the Economist , one of the most significant outcomes of the pandemic will be “the infusion of data-enabled services into ever more aspects of life.” We were already expecting a transition to digital transformation thanks to technological advancement, dubbed the “fourth industrial revolution.

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Opinion: It’s a startup world

NZ Entrepreneur

Our world is changing, and fast. With the pandemic, climate crisis, global economic shifts and rapidly changing consumer markets, it is clear that many businesses of today will no longer be relevant tomorrow. If we want to maintain and support sustainable economic growth while meeting the broader needs of society, we will need an economy underpinned by innovation and new technologies.

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Slack: The Green Light Isn’t an Indicator of Productivity

Smart Hustle Magazine

By Jenn Fulmer, a content writer for TechnologyAdvice , IT Business Edge, and Baseline. There are problems with Slack green light or any other tool like Microsoft Teams if use them to measure your employee’s productivity. If employees constantly worry about keeping their green light on, they can’t focus on their actual work. Many managers are worried about the productivity of their remote workers and want a good way to measure it.

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4 Tips to overcome the fear of growing your brand online

Entrepreneurs' Organization

Contributed by Kady O’Connell , founder of Kady Creative , which helps passionate businesses succeed with strategic branding, powerful websites, and click-worthy content. Kady was a recent Dare to Startup podcast guest where she discussed the various processes that go into running a successful startup, including how to handle e-mails, quarterly planning, team communication and more.

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YouTravel.Me packs up $1M to match travelers with curated small group adventures

TechCrunch

YouTravel.Me is the latest startup to grab some venture capital dollars as the travel industry gets back on its feet amid the global pandemic. Over the past month, we’ve seen companies like Thatch raise $3 million for its platform aimed at travel creators, travel tech company Hopper bring in $175 million , Wheel the World grab $2 million for its disability-friendly vacation planner, Elude raise $2.1 million to bring spontaneous travel back to a hard-hit industry and Wanderlog bag $1.5 million fo

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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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5 Tips for Mastering Your Brand Storytelling

StartupNation

How are customers, employees and investors able to connect with a business? Companies have a way of coming to life, and often, it’s through the power of brand storytelling. The best businesses have a story, and the best entrepreneurs know how to weave storytelling into their brand narrative. Do you? StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here.

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How to Make a Big Impression in Front of an Accelerator

Entrepreneur's Handbook

Strategies to help you maxmise your impact Photo: ReaktorX As a COO of ReaktorX, a pre-acceleration programme, I’m always very inspired when scouting startups. While our primary goal is to select the best international teams for the program, it’s a unique opportunity for me to come across so many astonishing solutions?—?and it always proves to be insightful and motivating.

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FINALISTS IN BEN FRANKLIN’S $50,000 BIG IDEA CONTEST ANNOUNCED!

Ben Franklin Technology Partners

Over the course of the summer, hundreds of people located in Ben Franklin’s 32-county footprint in Pennsylvania, visited BIGIDEA.BenFranklin.org to check out the rules and the easy application process for our $50,000 innovation contest. Recently, our team had the difficult job of choosing finalists from all the applications received from the region’s emerging tech-entrepreneurs and small manufacturers.

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The Cash Flow Management Guide for The Rise of the Pandemic Entrepreneurs

Smart Hustle Magazine

By David Axler, VP, Books, Banking and Tax, Wave. It is true that business owners are facing countless challenges due to the current pandemic. But, still, many people are ditching their 9 to 5 jobs to start their own businesses, In fact, 4.35 million people in the U.S. submitted a new business application in 2020 alone – up 24% from 2019 – and over 500,000 new businesses have already launched this year.

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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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10 Valuable Instagram hacks and features

Entrepreneurs' Organization

Contributed by Harikrishna Kundariya, CEO at eSparkbiz Technologies , a SaaS development company that provides world-class solutions to help clients grow digitally. Instagram, with its massive audience, is still growing day by day. People feel incredibly engaged by and spend so much time on this social media platform because of its unique and ultracool features that allow users to share stories with the world in a creative way.

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Locals share why Vilnius, Lithuania is becoming an international startup hub

TechCrunch

There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. The country’s startup-friendly regulatory environment, a beautiful medieval town center, over 20 business hubs and accelerators and strong rankings in intellectual property production are most obvious at a high level. But what are the locals excited about on the ground?

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5 Mistakes Derailing Startup Founders

StartupNation

Your startup idea is your golden child – and it should be. But keep blind enthusiasm in check and move forward strategically and realistically to avoid the mistakes that can derail your project. You know that feeling when an idea is so good it wakes you up? You fumble around in the dark for your phone to jot memorable notes. Fast-forward to the afternoon when you pull up your overnight notes and have no idea why you thought renaming your company Chumbawamba was mission-critical.

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How to Grow Business from a $200 Deal to a $2,500,000 + Yearly Revenue

Entrepreneur's Handbook

Spoiler: this success story started from one cold email with a 100% match Photo by Belitsoft.com It was 17 years ago when me and my fellow students decided to create our own business. We had no money, strategy, or office. We had only 4 dorm beds, 4 computers, and the idea to start an IT outsourcing company. We were full of energy and were ready to code all night long.

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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

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GitLab S-1 Analysis: How 7 Key Metrics Stack Up

Tomasz Tunguz

GitLab is the first fully remote software company to go public. More than 2000 employees work all over the world and have collaborated to build a massive software business. GitLab provides a suite of DevOps tools that enable engineering teams to build and deploy software, and then secure it. The breadth of the solution is hard to convey, unless you visit the features page ; when printed it’s more than 100 pages long.

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3 Marketing Tips for Small Business Owners to Succeed in 2021

Smart Hustle Magazine

By Megan Wintersteen, Vice President of Marketing at Zenreach. It’s no secret that the COVID-19 pandemic took a heavy toll on small businesses (SMBs) throughout 2020. Moving through 2021, however, we’ve seen increasing signs of optimism. Consumer foot traffic to restaurants and retailers has increased more than 52% since January. Vaccination rates are also climbing.

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[JumpCloud in TechCrunch] JumpCloud raises $159M on $2.56B valuation for cloud directory tool

OurCrowd

JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Read more here. The post [JumpCloud in TechCrunch] JumpCloud raises $159M on $2.56B valuation for cloud directory tool appeared first on OurCrowd Blog.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

Sesie Bonsi. Contributor. Share on Twitter. Sesie Bonsi is the founder and CEO of Bleu , a financial technology platform focused on enabling touchless payment experiences. Funding for Black entrepreneurs in the U.S. hit nearly $1.8 billion in the first half of 2021 — a fourfold increase from the previous year. But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC.

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The Startup Funding Gap

This resource discusses the gap between early funding from friends/family and the more substantial rounds from angel groups and VCs. Why does this gap exist and what can be done about it?

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Protecting Your Projects: Beat Copycats and Intellectual Property Pirates

StartupNation

Copycats are thieves, not just in the literal sense but also figuratively when they steal another person’s work and present it as their own. You have put a lot of time, effort and your own money into designing and manufacturing a product, or creating your teaching or coaching course. You hope that it will become yet another hit product for you. But before you can get to market, your product or idea is stolen by someone who wants to beat you in the marketplace.

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The Best Marketing Strategy I’ve Ever Seen Boils Down to One Key Principle

Entrepreneur's Handbook

And no, they don’t spend a dime on ads or even ask for the sale — yet they still make millions. Continue reading on Entrepreneur's Handbook ».

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The Apple Epic Decision Is A Breakthrough For Crypto

A VC: Musings of a VC in NYC

In her decision last week on the Epic vs Apple case, Judge Yvonne Gonzalez Rogers wrote this: I am not a lawyer, but I read that to say that apps that use crypto rails for payments cannot be blocked by Apple anymore. If so, that is a decision of enormous consequences for the crypto sector and yet another opening for it. That is so f **g awesome.

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Cultivate Greatness as a Humble Alpha Leader with Steven Kuhn

Smart Hustle Magazine

I had the opportunity to sit down with Steven Kuhn, decorated combat veteran and author of Unleash Your Humble Alpha. Along with fellow combat veteran Lane Belone, Kuhn’s mission is to help latent leaders conquer their obstacles. Develop an unshakable immunity to stress, and direct their full force to create greatness every day. Here are a few of the key takeaways from my time with Steven: Smart Hustle Small Business Podcast · Leadership as a Humble Alpha with Steven Kuhn.

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The ABM Benchmark Survey

ABM gets better with age — but unfortunately, marketers don't have the luxury of pouring it into an oak barrel for a couple decades to let it mature. In a recent survey with Demand Gen Report, we found 59% of experienced practitioners (those with ABM programs more than a year old) indicated their ABM programs are meeting or greatly exceeding their expectations, while only 45% of novices (those with ABM programs less than one year old) could say the same.