Sat.Jun 17, 2017 - Fri.Jun 23, 2017

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Should Startups Care About Profitability?

Both Sides of the Table

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!

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5 Best Practices of a Robust Mentorship Program

Entrepreneurs' Organization

Jessica Moseley is an EO member in Washington, D.C., and CEO of TCS Interpreting , providing world-class language access to the deaf community. The agency has developed a robust internship and mentorship program. Jessica shared best practices for developing such a program. Internships provide practical business experience as a student or other novice narrows the scope of their chosen profession.

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Will tech kill your job?

Berkonomics

Close. Stop me if you’ve heard this story before. “My job as a (newspaper publisher telephone installer, stockbroker, travel agent, retail store manager) is safe as this economy continues to grow.” Yup. Thought so. We are in a decade of creative destruction that will affect most everybody. And the prime motivators of this massive destruction are the same class of entrepreneurs and innovators that have done it before.

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How To Get Data For AI Applications - Tricks and Tactics

FundersClub

Any engineer who has taken the first steps of learning to work with AI methods has confronted the foremost challenge of the space: sourcing enough high quality data to make a project viable. Sample sets of data can be had, of course, but working with these isn't much fun for the same reason that solving a machine problem for computer science class isn't much fun: quite simply, it's not real.

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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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What is the Right Burn Rate for your Startup?

Both Sides of the Table

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management. Of course there is no right answer but it’s a function of how much capital you have raised, your prospects for raising more capital in the future, your growth rate and y

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More Trending

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Why Amazon's Acquisition of Whole Foods Matters for Startupland

Tomasz Tunguz

Amazon’s acquisition of Whole Foods is notable for many reasons. Of course, there’s the magnitude $13.7B. The second is the shockwaves reverberating through the grocery industry. Costco fell 10% and Kroger almost 25% on the news. Third, the acquisition underscores the importance of physical retail even to the largest American ecommerce giant.

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To hone your writing, hire a translator.

Derek Sivers

Deutsch English Español Esperanto Français Português Русский 中文 日本語 한국어 العربية حتى تتمكن من صقّل كتاباتك، قُم باستئجار مترجم. Um dein Schreiben zu verbessern, engagiere einen Übersetzer. To hone your writing, hire a translator. Por perfektigi vian skribon, dungu tradukiston. Para perfeccionar tu escritura, contrata a un traductor. Pour aiguiser votre plume, engagez un traducteur.

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FundersClub Weekly Newsletter - June 22, 2017

FundersClub

FundersClub Portfolio News. Flexport plans to open a 100,000-square-foot warehouse in Atlanta and is scouting for about 25,000 square feet of office space in Midtown, which will add more than 200 jobs in " Freight industry disruptor Flexport plans $100 million Atlanta hub. " Instacart will now handle orders for Wegmans grocery store, with deliveries initially available in suburbs near Washington, D.C., and a few dozen more cities within the coming months in " Instacart Will Delive

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Was it Their Internship. or Mine?

Entrepreneurs' Organization

Elliott Holt is an EO Nashville member and CEO of MediCopy Services, Inc. , offering simple, secure solutions for healthcare information management. He was originally uncertain about the benefits of having student interns, but his initial experience changed his outlook completely, as he shares here. As an entrepreneur, the thought of student internships has long represented a double-edged sword.

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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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What the Online Advertising World Can Teach Us about the Evolution of Machine Learning in SaaS

Tomasz Tunguz

In software, we’ve moved from a world where a customer buys a piece of software to run on their own infrastructure, to a world where a customer pays a vendor to run software on the vendor’s infrastructure. With machine learning, we may see another evolution of this. Machine learning startups create models based on data provided by customers.

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A Call to Brains: Can We Mobilize Education Like Manufacturing in WWII?

This is going to be BIG.

"In May 1940, Franklin D. Roosevelt called for the production of 185,000 aeroplanes, 120,000 tanks, 55,000 anti-aircraft guns and 18 million tons of merchant shipping in two years. Adolf Hitler was told by his advisors that this was American propaganda; in 1939, annual aircraft production for the US military was less than 3,000 planes. By the end of the war US factories had produced 300,000 planes,[2][3] and by 1944 had produced two-thirds of the Allied military equipment used in the war." - Wik

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