August, 2021

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. Most of these startups spend the lion’s share of their marketing budget in today’s social media channels: Facebook, Twitter, Reddit, Snap, TikTok and so on because?—?no surprise?—?that’s where the customers are.

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Is the 9-to-5 workday dead? What employees seek in return-to-office plans

Entrepreneurs' Organization

What do employees want in returning to the office? . Business owners often assume they know what their employees want due to a dangerous judgment error termed the false consensus effect. This problematic mental blindspot causes us to perceive others—especially teammates—as sharing our beliefs. That’s often not the case. The false consensus effect is one of over 100 misleading mental patterns that researchers in behavioral economics and cognitive neuroscience call cognitive biases.

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The Opening

A VC: Musings of a VC in NYC

I like to think of investing in new things a bit like a football running play. Imagine you are the running back. You’ve been handed the football and you are looking for a hole to open up and run through. What you really want is some running room beyond the opening. We’ve known for a while that crypto is the next big tech architecture. We’ve known that once the wave breaks on the shore, there will be enormous opportunities unleashed.

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opening the pipeline for assistive technology

Venture Well

We explore ways faculty can collaborate with a university’s technology transfer office to support the commercialization of assistive technology innovation. The post opening the pipeline for assistive technology appeared first on VentureWell.

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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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Will Anyone Care? Building an Exit Strategy

The Seraf Compass

Early stage investors might not view it this way, but… until a company has some form of financial exit (e.g. acquisition or IPO), you are really more like a donor than an investor! Think of it this way: since there is no liquidity in early stage company stock, you can’t sell the stock and recoup any of your original investment. You’re stuck with stock that, for all intents and purposes, has no financial value that you can monetize.

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More Trending

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The Next Big Thing. How Can You Leverage the Future for Your Business?

Smart Hustle Magazine

As a small business owner, taking your startup to the next level involves many growth strategies. Whether it’s expansion or building your customer base, small business growth takes time, effort, and dedication. . But, let’s face it. Scaling your business is challenging. . Are you starting a business or at the stage where your business plans need a boost?

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Simon Says: Have “The Talk” with your parents

Entrepreneurs' Organization

Contributed to EO by Saul Simon, a certified financial planner, a registered representative of Lincoln Financial Advisors and founder of Simon Financial Group. This article is the second in a series of three about having “The Talk” with your business partners , parents and adult children. As we get older and hopefully wiser, more responsibilities fall upon us.

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VC Investor Relations

A VC: Musings of a VC in NYC

I realized a long time ago that the VC’s customer is the founder/CEO/portfolio company and that our investors (called LPs in VC speak) are our “shareholders” That was a very defining moment for me and has clarified what matters the most in a VC firm. That said, we take investor relations very seriously at USV and always have. This is our model: 1/ We are loyal to our LPs and offer them the opportunity to invest with us fund after fund after fund unless something has materially

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how MedTech Challenge helped VaccineOnWheels roll out COVID-19 vaccines in India

Venture Well

When Jignesh Patel launched his mobile vaccination service, VaccineOnWheels, the idea that it could soon help address India’s spreading COVID-19 pandemic was not part of. The post how MedTech Challenge helped VaccineOnWheels roll out COVID-19 vaccines in India appeared first on VentureWell.

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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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7 Creative Financing Options for New Businesses and Startups

StartupNation

It takes money to make money. But financing isn’t always easy — especially if you’re the proud founder of a brand new business. Traditional banks and financial institutions set a high bar for borrowers. They want to see years in business, consistent revenue and excellent credit scores, and those are things that most new businesses just don’t have.

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API platform Postman valued at $5.6 billion in $225 million fundraise

TechCrunch

San Francisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a new financing round that values it at $5.6 billion, up from $2 billion a year ago. The startup’s new financing round — a Series D — was led by existing investor New York-headquartered Insight Partners, with participation from existing investors Nexus Venture Partners and CRV.

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Venture Debt 101: Basics and Approach

Y Combinator

In this guide, YC Managing Director Jon Levy talks about venture debt. He covers what it is, walks through some of its benefits and risks, and gives advice on how to approach the process of taking on venture debt. He also highlights Brex’s newly launched venture debt offering. Brex is a YC portfolio company that provides an all-in-one finance solution to their customers.

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5 Steps to prepare your business for a cashless future

Entrepreneurs' Organization

With the advent of technological innovations, including dedicated servers and cloud hosting, businesses of all shapes and sizes are shifting to a more digital way of working. From international companies to locally owned small businesses, the landscape of how business is done has been gradually changing for some time now. One of the most significant changes—hastened by the global pandemic where contactless payments gained traction—is the switch from cash-in-hand transactions to cashless.

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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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5 Ways to Encourage More Women Into Careers in VC

Entrepreneur's Handbook

5 Ways to Encourage More Women Into Careers in Venture Capital It’s time to tear open the seemingly impenetrable ‘old boys’ network It’s no secret that founders seek out investors who value diversity and recognize the success that comes from having diverse teams. However, the question of how to make this a reality remains unanswered. What can we do to attract more women investors, and to change the types of startups, products, and services that are funded?

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Preset Cloud - The Visualization Layer for the Modern Data Stack

Tomasz Tunguz

At Redpoint, we believe the 2020s will be the decade of data. Today, we’re announcing our partnership with Preset.io, a company providing the visualization layer for the modern data stack. In addition, Preset.io announces Preset Cloud, a fully hosted cloud service for Apache Superset, is generally available. Preset provides a managed service of Apache Superset, an open source business intelligence software which Maxime Beauchemin started in at Airbnb.

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3 Tips to Grow Your Business in the Post-Pandemic Era

StartupNation

Summer is in full swing, and in some areas of the country, mask mandates have lifted and event production companies now have packed schedules. It seems like we are starting to finally overcome and move beyond the COVID-19 crisis. If you’re a business owner, you may be wondering what steps to take to ensure the long-term prosperity of your enterprise post-pandemic.

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Felt raised $4.5 million to get you to ‘think in maps’

TechCrunch

From vaccine distribution plans to fire trackers to bar crawls for your best friend’s birthday, maps help people visualize space and express impact. And Felt, a new Oakland-based startup co-founded by Sam Hashemi and Can Duruk , is on a mission to make the medium more mainstream. Felt is a collaborative software company that wants to make it easier for people to build maps on the internet.

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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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10 Strategies to Boost Sales Through Customer Loyalty

Smart Hustle Magazine

Contributed by Tatyana Artemova an entrepreneur, mastermind expert, and founder at IStartHub. It is essential to focus on building a reliable customer base while running a business. You can do this by giving your audience some good reasons to keep coming back. Actually, that should be the number one strategy of a growing business. . According to Statista , businesses spent more than $75 million on customer loyalty.

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Unemployable: 5 Realizations from my entrepreneurial journey

Entrepreneurs' Organization

Contributed by Lauren Messiah, former president of EO Los Angeles, and the founder and CEO of Lauren Messiah Inc. She currently serves EO as president of EO OneWorld , a virtual membership platform with the goal of creating a more socially conscious, culturally diverse and inclusive experience for all EO members. Because a diverse EO is a strong EO.

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The Most Valuable VC-Feedback I Ever Got

Entrepreneur's Handbook

We had a lunch-meeting German high-tech investor and I still reap the benefits. Here is what I learned. Continue reading on Entrepreneur's Handbook ».

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Happy International Coworking Day

GCUC

Happy International Coworking Day y’all. Is it just us or does the celebration of community feel a little more special this year? Almost magical. The post Happy International Coworking Day appeared first on GCUC Community.

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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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Raising Capital for Your Startup: Top Legal Considerations to Know

StartupNation

It’s an issue every entrepreneur and new business must face: raising capital for your business. Even though you may start your business with your own nest egg or your company may be able to operate for a while on its own revenues, at some point, you’re likely to need outside funding to grow. While capital can come in many forms — debt or equity, private or institutional — this article focuses on raising equity capital.

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John Deere buys autonomous tractor startup Bear Flag Robotics

TechCrunch

In the world of robotic startups, acquisition is often as good an outcome as any. And when it comes to robotic tractor startups, you could do worse than being acquired by John Deere. The agricultural technology giant announced today that it’s set to acquire Bear Flag Robotics for $250 million. The Bay Area-based firm, which specializes in autonomous farming heavy machinery, was founded in 2017.

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Survey Results – COVID-19 Ignited a Small Business Renaissance

Smart Hustle Magazine

Contributed by Enrique Ortegon, Senior Vice President, SMB at Salesforce, leading the sales team focused on helping small-and-medium-sized businesses grow and succeed with easy-to-use CRM technology that scales with their business. We’re all aware of the havoc the COVID-19 pandemic wreaked on small businesses and the global economy in general. The pandemic touched every industry and business on Earth last year, but some felt it more than others.

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Newsletter: High-tech job vacancies soar + Code autocomplete

OurCrowd

High-tech job vacancies soar 300% despite Covid. The OurCrowd High-Tech Jobs Index for Q2 2021 shows strong demand for startup recruits despite the ongoing Covid-19 pandemic, with a 300% year-on-year increase in the number of jobs advertised from Q2 2020 to Q2 2021. There are now more than 3,300 jobs advertised on the OurCrowd Portfolio Jobs page. OurCrowd portfolio companies have no plans to slow down their proactive hiring strategy – more than 60% are growing their teams.

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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.