Sat.Oct 29, 2022 - Fri.Nov 04, 2022

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4 EO Members Share Lessons From Early Entrepreneurial Projects

Entrepreneurs' Organization

Contributed by Kym Huynh, an EO Melbourne member, EO Global Communications Committee member, and co-founder of WeTeachMe. Kym is fascinated by entrepreneurs and their journeys, so he asked EO members from various chapters to share their experiences. Read his earlier posts on how EO members define success , the impact of core values , lessons learned from their best and worst partnerships and the best advice they’ve ever received and nine lessons learned from entrepreneurial projects.

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5 High-Converting Strategies Most Entrepreneurs Are Afraid to Implement

Entrepreneur's Handbook

If you don’t embrace the tactics that scare you, you’ll never know how much opportunity you’re leaving on the table. Continue reading on Entrepreneur's Handbook ».

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Cultivating Inclusivity: Why Mentorship Matters in Innovation and Entrepreneurship

Venture Well

Find out how to provide mentorship to students who may not feel like they belong in innovation and entrepreneurship. The post Cultivating Inclusivity: Why Mentorship Matters in Innovation and Entrepreneurship appeared first on VentureWell.

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Sales Efficiency through Covid : Reading the Tea Leaves for Startups

Tomasz Tunguz

In 2017, SaaS companies reported their cost of customer acquisition had increased by 65% in the previous five year period. What happened to these figures during Covid? We can examine the sales efficiency of public software companies to get a sense. Since 2016, the average public software witnessed its sales efficiency winnowed from 52% to 47%, a decline of about 10%.

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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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OpenAI will give roughly 10 AI startups $1M each and early access to its systems

TechCrunch

OpenAI, the San Francisco-based lab behind AI systems like GPT-3 and DALL-E 2, today launched a new program to provide early-stage AI startups with capital and access to OpenAI tech and resources. Called Converge, the cohort will be financed by the OpenAI Startup Fund , OpenAI says. The $100 million entrepreneurial tranche was announced last May and was backed by Microsoft and other partners.

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How to Get Started Mapping Your Entrepreneurial Ecosystem [Updated]

Ecosystem Builder Hub

Want to map your entrepreneurship ecosystem but don’t know how to get started? Start here! Note: I originally published this article in 2019 to share my lessons-learned from mapping a local ecosystem. In the years since, through research and conversations with others, I’ve gained some additional insights and perspectives. I’ve added some of those insights here while I work on a more comprehensive resource guide to mapping entrepreneurship ecosystems.

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Impact Investor Profile Series: Marcia Hooper, Partner, Branch Venture Group, LLC

The Seraf Compass

This profile is the fifth in a series of interviews highlighting the work of interesting impact investors. Marcia Hooper currently serves as a Partner of Branch Venture Group, LLC, an angel investing group focused on food startups, targeting food products, food technology, business services for food-related companies, ag-tech, and sustainability.

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Stability AI backs effort to bring machine learning to biomed

TechCrunch

Stability AI , the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML , the endeavor’s first projects will focus on machine learning-based approaches to DNA sequencing, protein folding and computational biochemistry. The company’s founders describe OpenBioML as an “open research laboratory” — and aims to explore the intersection of AI and biology in a

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Investing in Rewind

Andreessen Horowitz

Today’s digital workplace moves faster than at any point in history. We can communicate and collaborate in real-time—and around the world—across text, voice, video, and documents. We can share massive files with a URL and access an unquantifiable amount of … The post Investing in Rewind appeared first on Andreessen Horowitz.

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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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make believe

Derek Sivers

Kids scream, “Monster in the hallway!”, and hide behind the couch. They stack up cushions for protection, and plan their defense. They know it’s not true — there’s not really a monster in the hallway — but it’s exciting to feel the adrenaline of panic, then make a shelter and feel safe. One kid yells, “The floor is hot lava!” The familiar room transforms into islands among danger.

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Your eye of the needle: Do you worry over bottlenecks?

Berkonomics

Here’s your question to ponder…. Think for a minute whether there is any process or person that could be classed as the eye of the needle in your organization. Is there anything, process or person, that stalls the flow of work from start to finish? A CEO once told me that she was the eye of the needle in her organization, purposely controlling quality of service and making sure all of her direct reports let her know of each decision and action they undertook.

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Meet Budibase, a low-code open-source web app builder with automations

TechCrunch

While there are differing perspectives on the degree to which no-code and low-code development tools could eventually supplant human software developers, it’s clear that any software that takes care of the technical “heavy lifting” is having a huge impact within businesses — in terms of opening app-building to more personnel, plugging the talent gap and helping existing developers focus on more demanding tasks.

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Building the American Workforce

Andreessen Horowitz

It’s no secret that widespread labor shortages are critically impacting the United States. In construction, companies can’t replace retiring workers fast enough and have started offering housing per-diems to attract workers. In education, states are recruiting candidates without teaching experience … The post Building the American Workforce appeared first on Andreessen Horowitz.

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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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3 Common Phrases Investors Say That Entrepreneurs Completely Misunderstand

Entrepreneur's Handbook

Investors aren’t always great at telling founders what they’re really thinking. Continue reading on Entrepreneur's Handbook ».

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Goanna’s Wyeth is Pioneering the Algorand NFT Ecosystem

Jason Malki

I had the pleasure of interviewing Ben Wyeth is the founder of Goanna NFT project, Algorand’s highest grossing NFT collection. He is passionate about using NFTs to drive real world impact and the projects early conservation efforts have been spun out into The Gilbert Goanna Tree Planting Fund , Algorand’s first dedicated impact fund. In ’22 he doubled down on his commitment to NFTs launching the Shufl NFT marketplace.

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Meet Seoul-based accelerator SparkLabs’ 19th batch of startups 

TechCrunch

SparkLabs Korea , a Seoul-based seed to early-stage accelerator, held a demo Day on Thursday for its 19th cohort of companies. The latest demo day marks its tenth year after SparkLabs launched its accelerator program in December 2012. The accelerator has backed more than 270 startups since its inception in 2012, co-founder and partner of SparkLabs Eugene Kim told TechCrunch. .

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Introducing: Stories of Oklahoma Innovation

Innovation 2 Enterprise

Today we are launching the new i2E blog, Stories of Oklahoma Innovation. Each week, we will publish a blog taken from our actual experience working with Oklahoma’s entrepreneurs to build new, innovative technology companies. . Expect a real-world view. . i2E’s mission, pure and simple, is to walk shoulder to shoulder with entrepreneurs to turn their technology-based ideas into successful businesses. . i2E venture advisors go into the community with their sleeves rolled up.

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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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Three Learnings for Startups after Big Tech’s Q3 Earnings Beatdown

Entrepreneur's Handbook

Investors are punishing Big Tech for several strategic errors Photo: Unsplash 65% of S&P 500 companies have already reported Q3 2022 earnings, and 70% have beaten earnings expectations, consistent with the 10-year average. MUCH better than most investors feared. As a result of these better-than-expected results, the S&P 500 is now up 4.83% over the last month.

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HK’s theDesk partners with office software platform Kumospace

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register theDesk , the coworking space platform headquartered in Hong Kong , debuted its partnership with Kumospace, the office software platform headquartered in the United States, to launch the virtual work and collaboration platform for businesses to create an immersive virtual space and enhance employee experience with a hybrid working environment.

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Former Yext CEO launches Roam to provide a virtual HQ for distributed teams

TechCrunch

Roam , which bills itself as a “cloud HQ” for distributed, remote companies, today emerged from stealth with $30 million in Series A funding led by IVP with participation from undisclosed angel investors. The tranche, which comes after a previously unannounced $10.6 million seed round and values the company at $95 million post-money, will be put toward go-to-market efforts in the U.S. and abroad, CEO Howard Lerman said.

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Top tips to protect your small business against a cyber attack

NZ Entrepreneur

As the adoption of digital tools has become increasingly more important for doing business, it’s crucial that business owners know how to protect themselves and their operations against cyber-attacks, says MYOB’s Head of Information and Cyber Security, Peter Wolski. COVID-19 increased the urgency for many businesses – particularly SMEs – to adopt digital tools.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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Weekly 20: Why might your startup fail?

Entrepreneur's Handbook

Welcome to another edition of our new newsletter! You’ll receive the best practical startup advice straight to your inbox every week. In this week’s edition, we share: Reasons why startups fail (and how to fix it) What it’s really like to have your startup fall apart The Elon takeover in tweets Let’s do this. Why startups fail, and how to fix it As founder of six startups, advisor to founders, and a startup strategist at IMD ( #1 ranked business school ), Boris Manhart has seen many mistakes bei

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Restaurant management startup Runchise scores Seed funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Indonesian restaurant management startup and culinary franchise Runchise has announced raising Seed funding in a round anchored by East Ventures. The funding round was also participated by Genesia Ventures, Arise MDI Ventures, Init6, Prasetya Dwidharma, Alto Partners, and angel investors.

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Rapyd Ventures backs Indian fintech-as-a-service startup Decentro

TechCrunch

India’s Decentro , the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 million in a Series A round. The Bengaluru-based startup offers banking and payments APIs that allow development of fintech products such as banking, payment cards, neobanking and collections and payout services in a short period of time.

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Alchemon’s Cannon is Bringing the Newest Play-to-Earn Video Game to Algorand

Jason Malki

I had the pleasure of interviewing Cliff Cannon, the CEO of Alchemon. He’s an Algorand-enthusiast (read: maximalist) with nearly a decade of experience in the tech industry. His background includes the role of CEO of the software development company Prosper I.T. Consulting. He is a Python developer along with other languages. He has been on the Algorand Blockchain since early March 2021, a day-1 Yieldly staker, ALGO NFT enthusiast and creator for months.

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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?