Sat.Aug 22, 2020 - Fri.Aug 28, 2020

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3 Keys to Stitch Fix's Success to Do Now

Smart Hustle Magazine

Success. Achievement. Accomplishment. These are all words we want to describe our business endeavors. So what is the formula? Although a single recipe for overflowing revenue does not exist, wisdom still comes from sitting at the table of successful individuals. One such individual, Katrina Lake, took a risk and caused Stitch Fix's success, becoming the youngest woman to take a company public.

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online education: tips and resources for innovation and entrepreneurship educators

Venture Well

We’ve compiled key learnings and best practices from educators in our community who have adjusted to the demands of online education. The post online education: tips and resources for innovation and entrepreneurship educators appeared first on VentureWell.

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Why Startups Should Establish Qualifying Signals for Sales Teams Early On

Tomasz Tunguz

Demand generation limits growth. To scale, a company must find customers in ever larger numbers. The ideal scenario is one where purely external signals confer a prospect’s propensity to buy. A prospect experiences hypergrowth is perfect example. Massive headcount growth presages large software purchases and expansion. A company anoints a new department head catalyzing change.

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13 Entrepreneurs Reveal Their Best Business Advice

Entrepreneurs' Organization

Agonise over whether or not you need business partners. Ai-Ling Wong—founder at The Decorateur. If you can afford it, don’t have business partners. Nine out of 10 entrepreneurs I know have long-term pain with their partners. The tenth entrepreneur without the headache is usually the one without a business partner.

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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Cities Should Think Creatively about Entrepreneurship Ecosystem Building

Source Link

How do other cities build entrepreneurship? Alejandro Manzanares of the National League of Cities (NLC) shares insights from cities in its third cohort on establishing entrepreneurial seed funds, building innovative workforces and ecosystem mapping.

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Where have you gone, Bill de Blasio?

This is going to be BIG.

Reports of NYC’s death have been greatly exaggerated. Far from becoming a crime-ridden hellscape, NYC’s actual numbers of murders and robberies are on a pace that is not only down from 10 years ago, which was eight years into Mike Bloomberg’s term as Mayor, but they’re almost half as much as they were at the end of the Giuliani administration, when people thought NYC crime had been "cleaned up".

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I’m No Good At Numbers

A VC: Musings of a VC in NYC

In the final presentation session of our Summer Bridge internship program yesterday, an impressive young man told us that he had stayed away from a career in business because he “was not good at numbers.” I stopped him and suggested that maybe he is good at numbers but only numbers that interest him. He pondered that for a minute and agreed that when numbers matter to him, he’s interested in them.

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Lead, Follow Or Get Out Of the Way - The Art and Science of Deal Leadership

The Seraf Compass

Active deal leadership is one of the essential elements of success in early stage investing. As legendary investor Fred Wilson observed, every round needs a lead investor. Being a great deal lead takes experience, or the guidance of a great process. That is the purpose of this series - to provide the guidance of a great process so that more people can step up to serve as much-needed deal leads.

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Promoting women’s advancement in Haiti through creative baked goods

Young Leaders of the Americas Initiative

By Caroline Sachdeva. 2017 YLAI Fellow Marie Flore Morett, owner of Delices de Marie Florett , has worked to create a welcoming community in Haiti to empower women to seek employment opportunities and work to decrease the job and wage inequalities present in Haiti. Marie strives to inspire other women to challenge stereotypical roles in the home and in turn help their communities by promoting economic prosperity.

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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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designing paper-thin, flexible batteries for vital electronics: q&a with Rajan Kumar from E-Team, Ateios

Venture Well

VentureWell E-Team, Ateios, is developing a platform technology to manufacture customizable, flexible batteries for the growing medical patches market. The post designing paper-thin, flexible batteries for vital electronics: q&a with Rajan Kumar from E-Team, Ateios appeared first on VentureWell.

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Some Thoughts On New Tax Revenues

A VC: Musings of a VC in NYC

Federal, State, and Local governments are facing massive budget gaps and will need to close them with a mix of cost reductions and new revenues. While this is always hard and has a real toll on people who might lose their jobs or have to pay more in taxes, it is also an opportunity to do things that have been hard to do until now. Here are some ideas on the revenue side: 1/ Legalize the cannabis industry and tax it.

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Asana S-1 Analysis - Comparing One Productivity Powerhouse to Another

Tomasz Tunguz

Asana filed their S-1 this week. Asana builds productivity and task management solutions. When they launched, their vision of eliminating email through task management made big waves in the market. Today, the company is a massively successful SaaS business and another example of the flywheel business model that creates demand at the individual user and leverages that interest to sell department and company-wide contracts.

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When COVID-19 Pushes Your Company to Explore New Markets

The Startup Blog Market Brief

The coronavirus has created barriers for ed-tech providers, but it has also fueled new opportunities in early childhood education, say Nikki Navta and Tammy Kwan, of Cognitive ToyBox. The post When COVID-19 Pushes Your Company to Explore New Markets appeared first on Market Brief.

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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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Going Public Circa 2020; Door #3: The SPAC

abovethecrowd.com

If you are looking past or through Covid — and why not, all of Wall Street is — the topic du jour in Silicon Valley is Special Purpose Acquisition Companies, or SPACs. SPACs are all the rage, and everybody and their brother have either raised one or are talking about raising one. What are they, and do they matter right now? Historically they have been a kind of back-door way for a company to go public, and as a result have historically had a sub-standard reputation.

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Pay and Precedent

A VC: Musings of a VC in NYC

We are finally in an era where an equal role comes with equal pay. This is a very good thing but it comes with some hard lessons. One of them is about pay and precedent. You cannot make a hire and a compensation commitment without thinking very deeply about the precedent you are setting. Let’s say your company is now fifty people and you can see that you will need to be a hundred and fifty people in a couple years.

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Digital Banking for Small Businesses During COVID-19

Smart Hustle Magazine

Cameron Peake is the CEO and co-founder of Azlo , which provides digital banking and business services for small businesses, founders, freelancers, to help them get started and navigate their full entrepreneurial journey. Azlo doesn't have branches, and that means their cost structure is really different compared to big banks, so they can serve a broader range of customers.

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YC Summer 2020 Batch Stats

Y Combinator

At our 31st Demo Day, 198 companies presented virtually over two days. You can see a list of the companies that presented on-the-record in the YC Directory. You can also read about the companies in TechCrunch here and here. Below are some stats about the YC Summer 2020 batch. As a reminder, the application deadline for YC W21 is coming up on September 23.

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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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Accredited Investor Definition Expanded to Increase Access to Investment Opportunities

Angel Capital Association

By: Pat Gouhin, Chief Executive Officer After ACA’s multi-pronged, multi-year advocacy for amendment to the “accredited investor” definition, we are pleased to report we’ve met with success. The Securities and Exchange Commission announced yesterday that the definition of an “accredited investor” has preserved the existing income thresholds and has been expanded to provide more access to private equity by allowing investors to qualify based upon new criteria.

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Newsletter: Food Tech Heats Up

OurCrowd

Quality and Taste Triple Tovala Sales Ahead of Investment Round. Smart meal service delivery company outperforms competition. OurCrowd investors join Series B round led by Finistere Ventures. “It just blew us away that the food could taste as good as it did,” said Tom Mastrobuoni, recalling the first time he tried a Tovala meal kit. Had Tovala had found the actual secret sauce to deliver convenience food at high quality?

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Why entrepreneurs should be the geeks of personal development?

Smart Hustle Magazine

Some years ago, I discovered personal development as a critical focus to look after my best self as a result of an emotional breakup. I started to attend events, meetups, read lots of self-help books, and surprisingly the personal development forums were mostly about entrepreneurship. As a corporate person, I fell in love with this environment: the thrive, the hunger, and the willingness to become a better person.

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Hey, entrepreneurs: Don’t push your kids the way you push yourself

Entrepreneurs' Organization

Dr. Lee Hausner is an internationally recognized clinical psychologist based in Los Angeles, California, USA. She specializes in helping successful families raise resilient, hard-working children. In February 2019, Dr. Hausner was a guest on Kalika Yap’s Wonder podcast. The three-part series reveals practical ways that entrepreneurs can overcome unique challenges in raising their kids.

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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 to Name Your Coworking Space

GCUC

We are calling it now, there are going to be new coworking spaces opening as people head “back to work” but not back to. The post How to Name Your Coworking Space appeared first on GCUC Community.

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Booking my seat on the historic first flight from Israel to the UAE

OurCrowd

Israel and the UAE stand to create a partnership of prosperity that will warm the economies of both countries and transform the lives of millions in the region. In December 2019, after more than a decade of doing business with the Gulf, with me and my team having to travel from Jerusalem semi-incognito on our US passports , I became the first Israeli investor to appear on a public platform at a business conference in the United Arab Emirates.

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Digital B2B Payments Adoption a Pandemic Silver Lining

Smart Hustle Magazine

An upside to the pandemic according to small business owners is the adoption of digital B2B payments. Mastercard found in a recent study that 57% of small businesses increased their use of digital systems for business-to-business payments amid the COVID-19 crisis. A majority of business owners (82%) said they changed the way their business sends and receives payments.

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Cómo la flexibilidad durante la pandemia transformó la empresa sustentable de una becaria de YLAI en Honduras

Young Leaders of the Americas Initiative

Por Angie Garozzo. Las mayores pasiones de Cinthya Andino —becaria de YLAI en 2018— son el diseño y proteger el medioambiente. En 2015 logró unir ambos intereses al crear su empresa, Beleaf. El equipo de la Red YLAI conversó con ella sobre el éxito de su negocio, los retos que ha enfrentado y sus planes para el futuro. ¿Qué es Beleaf? Beleaf es una empresa de moda sustentable que utiliza retazos para crear nueva indumentaria y accesorios mediante el suprarreciclaje.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.