October, 2023

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Everything An Angel Investor Should Know About The Corporate Transparency Act

Angel Capital Association

by Joe Wallin , leader of the Angel Capital Association Legal Advisory Council and Pricipal at the law firm of Carney Badley Spellman, P.S. Big Picture The CTA is intended to assist law enforcement in combatting money laundering, tax fraud, financing of terrorism, and other illicit activity through anonymous shell and front companies. Starting January 1, 2024, the Corporate Transparency Act (the CTA) will require all new business entities formed in the U.S. and foreign companies that qualify to

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3 Real-World Startup Lessons from Harvard Business School Entrepreneurs

Entrepreneurs' Organization

We first met at Harvard Business School as young students in 1989. We both went on to have successful careers as consultants and entrepreneurs, and had a passion for working with and investing in younger entrepreneurs. We reconnected in 2016 and began angel investing in startups in New York City.  When we decided to invest in a startup, it was because we saw a unique combination of a strong idea with a solid team.

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Understanding Entrepreneurial Ecosystem Measurement

Source Link

This four-part series addresses why tracking and measuring the activity of your entrepreneurial ecosystem is crucial to its long-term sustainability and the economic success of your community.

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Sony Ventures earmarks $10M to invest in African entertainment startups

TechCrunch

Sony Group announced today that it has established Sony Innovation Fund: Africa (SIF: AF), a program that will support the growth of entertainment businesses in Africa. Appropriately, the Tokyo multinational conglomerate, through Sony Ventures Corporation (SVC), has earmarked $10 million for early-stage startups in gaming, music, film and content distribution.

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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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The 30 Most Important Lessons Learned About Developing New Business

Startup Blogpost

The 30 Most Important Lessons Learned About Developing New Business In this article, we delve into the wisdom of thirty seasoned professionals, including Founders and CEOs, who share their most important lessons learned in developing a new business. From the importance of emphasizing resilience and empathy to the necessity of having realistic expectations and focusing on improvement, these insights offer a wealth of knowledge for anyone embarking on their entrepreneurial journey.

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Venture Atlanta 2023 “Startup Showcase Live” selects Enrichly as $500K Winner

American Entrepreneurship

Three of the four pitching finalists were women entrepreneurs focusing on health and wellness issues. When the organizers of Venture Atlanta 2023 put together this year’s program, they decided to add some excitement. They introduced “Startup Showcase Live”, a pitch contest for seed and pre-seed startups, competing for a $500,000 investment. The finals, this past Thursday, fully met expectations with four impressive presentations that truly tested the judges to select the winner.

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From Vision to Reality: Unveiling Event Management Platform in Korea, EventUs

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register The global events and meetings industry is a powerhouse, driving billions of dollars in economic activity with countless business opportunities. The dynamic tech landscape is continually reshaping the way we approach business events. Founded by Younghak Ahn, EVENTUS is not just another startup; it’s a tech force rewriting the script for business events, and its impact is felt far

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Music DASH’s Mission to Revolutionize Music Distribution Through AI

Jason Malki

I had the pleasure of interviewing Bob Shami who is a pioneering entrepreneur with a strong focus on utilizing technology to drive innovation in the music distribution landscape. With a rich history in AI ventures, including NEOS-AI , Music DASH, and NF Hits , Bob has been instrumental in reshaping the independent music economy. He is an active advocate for artist-centric tech solutions and regularly engages in thought-provoking discussions through his ‘ SoundBreaker ’ podcast.

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The urgent call for innovation and investment in maternal health

TechCrunch

Women’s health remains one of the most underfunded, under-researched, and underserved areas of investment and study. © 2023 TechCrunch. All rights reserved. For personal use only.

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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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The 15 Best Strategies for Developing New Business in a Crowded Market

Startup Blogpost

The 15 Best Strategies for Developing New Business in a Crowded Market In the quest to uncover effective strategies for developing new businesses in a crowded market, we turned to fifteen Founders and CEOs for their tried-and-true tactics. From the initial step of validating a product idea before investment, to the crucial aspect of prioritizing exceptional customer service, these leaders share their insightful stories and strategies for success.

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Surya Ganguli, Bio + Health Venture Partner

Andreessen Horowitz

At a16z Bio + Health, we are constantly looking to expand our expertise and partnerships in service of our mission to support founders pioneering transformative healthcare solutions. With the rapid pace of innovation in AI and other enabling technologies, it is crucial that we have leaders on our team with deep knowledge of how these tools can be applied to drive meaningful change.

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SDAC VI Fund Launches, Open Call for Startups and Accredited Angels 

American Entrepreneurship

San Diego Angel Conference sets dates for its entrepreneur and investor programs leading up to its Spring Conference Building on the success of this year’s event, the San Diego Angel Conference (SDAC) announced the launch of SDAC VI Fund, a fund and program focused on connecting startups with accredited angel investors. The Conference, founded by Executive Director Mysty Rusk, is an ongoing program within University of San Diego (USD) Knauss School of Business in partnership with The Brink SBDC

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How to Find Your Why

Entrepreneur's Handbook

And succeed against all odds Image credit: Cat Coquillette After I sold my social media agency in 2021, people wanted to know how I did it. They wanted to replicate my method to sell theirs. They wanted to find out the shortcuts and avoid the hard way and the long way. Who can blame them? Success of the most fulfilling kind comes from doing cool stuff and teaching other people how to do that same cool stuff.

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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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AI Reaccelerating Cloud Growth

Tomasz Tunguz

Yesterday, both Google and Microsoft announced their earnings for their cloud businesses. I’ve been tracking the growth rates of these companies and product lines for the last 18 months to develop a broad gauge of enterprise buying patterns after the downturn. In the chart, it’s immediately evident that Mongo has seen dramatic increase in growth rate last quarter.

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AI’s proxy war heats up as Google reportedly backs Anthropic with $2B

TechCrunch

With a massive $2 billion reported investment from Google, Anthropic joins OpenAI in reaping the benefits of leadership in the artificial intelligence space, receiving immense sums from the tech giants that couldn’t move fast enough themselves. A byword for the age: Those who can, build; those who can’t, invest. The funding deal, according to sources […] © 2023 TechCrunch.

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A heartbreaking story about time and money.

Berkonomics

First, think about your time as money! We’ll get to my heartbreak in a minute. But first… There is a relationship between time and money that is more complex than most managers think. Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.

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B2FI: Demystifying Software Sales Into Financial Institutions

Andreessen Horowitz

Selling into financial institutions (FIs) has long been the end goal for many software-oriented fintech businesses. With massive annual technology budgets and scaled distribution, the largest FIs are the ideal end-buyers. However, a fear of long sales cycles, heavy compliance requirements, and opaque organizational structures preclude many early stage founders from pursuing this go-to-market channel.

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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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Shield Capital’s Inaugural Venture Capital Fund Focuses on Frontier Technologies

American Entrepreneurship

30 Investments to date in the areas of AI, autonomy, cybersecurity and space Shield Capital was launched in 2021 by the Managing Partners Philip Bilden and Raj Shah, both of whom have deep experience in technology and investing, driving their passion to support founders of frontier technologies. The venture capital firm just announced the final closing of its inaugural fund of $186 million, oversubscribed at 55% above their target.

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19 Creative Business Ideas For Entrepreneurs

Entrepreneur's Handbook

In media, consumer products, SaaS, health, and services Continue reading on Entrepreneur's Handbook »

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Gas Gas Revolution

Tomasz Tunguz

In 2021, Amazon announced they had reduced prices on Amazon Web Services 107 times since launch. This drop in prices has grown AWS into a $90b revenue business in 17 years. As storage & compute became less expensive, the economic viability of new use cases became increasingly apparent & developers built software on the cloud. The same cost-reduction phenomenon is occurring with blockchains, though it’s not nearly as well publicized.

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Artists across industries are strategizing together around AI concerns

TechCrunch

As creative industries grapple with AI’s explosion into every artistic medium at once, separate calls from artists warning the world to take action before it’s too late are starting to converge.

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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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How Profitable Are Coworking Spaces After the Pandemic?

Deskmag

Which coworking spaces have been profitable in recent months? In this article, you will learn more about profitability, its drivers, and the margins of coworking spaces.

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Play to Win: Mobile Game Soft Launch Best Practices

Andreessen Horowitz

We hear a lot of discussion around the best practices for launching a mobile game, and one particular topic that often comes up is: whether or not to do a soft launch. And if you do soft launch, how can you tell if your game will be successful? Much of the mobile games industry has taken the tactic of soft launching seriously – in September alone, there were more than 100 games soft launched on the Apple App Store and over 600 on the Google Play Store.

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BankTech Ventures’ Fintech Investing focuses on Community Banks

American Entrepreneurship

Funding supports innovative technology companies that are taking community banks into the future. Community Banks, defined by the Federal Reserve as having less than $10 billion in assets, totaled 4,001 in the U.S, as of December 31, 2022, according to the FDIC. Strategic investment fund BankTech Ventures invests in companies that are developing innovative technologies that enhance the ability of community banks to serve their customers.

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Charge+ and TRIVE Venture Capital Partner for Southeast Asia’s Electric Mobility Push

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-based EV charging startup Charge+ is gearing up to expand its electric vehicle (EV) charging infrastructure across Southeast Asia. The company recently secured funding in a Series A round, which was led by TRIVE Venture Capital , a Singapore-based firm specializing in early-stage high-growth technology companies.

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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.