Sat.Apr 29, 2023 - Fri.May 05, 2023

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Why AI Won't Be the Investment Opportunity Everyone Thinks It Is

This is going to be BIG.

The other day, I was watching an episode of Seinfeld and was struck by how dramatically different location-aware mobile phones have made our day-to-day existence. The entire plot was based around no one having a phone in their pocket. Watching the characters leave answering machine messages for people (and miss them), use paper maps, and get lost on the way to a cabin made it all seem pretty dated.

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Are SAFE’s Truly Everywhere? The Role of SAFEs in Angel-Stage Deals

Angel Capital Association

SAFEs! They’re apparently everywhere. And it is easy to understand why this perception persists. Y Combinator, a leading incubator, invented the original (pre-money) SAFE (Simple Agreement for Future Equity) in 2013 to provide an easy, fast and cheap way to fund the dozens of startups comprising a Y/C batch. Their rationale was simple. Companies receiving small amounts of cash should not spend much of that on legal fees or waste time negotiating complex legal terms so early in a startup’s journe

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The 5-Step Blueprint for Finding Your Perfect Co-Founder

Entrepreneur's Handbook

Partnering with the right co-founder is the biggest determinant of your future success. Having founded multiple startups across various industries, I firmly believe having the right co-founder(s) is the most significant determinant of startup success. Hence, it’s important to spend significant time up-front to probe co-founder compatibility more deeply — beyond sharing your work experiences, future vision, or a brief phone call.

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Angel Investors - Are You Fishing in the Right Pond?

The Seraf Compass

Warren Buffett is known for turning a great phrase. Besides being the second richest person in the world, he is a creative writer with an ability to explain complex topics in a simple and effective way. Buffett’s concept of winning the Ovarian Lottery is an excellent starting point for the second article in our series on building a diverse portfolio.

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Recruit Your Boards of Directors and Advisors

Gust

Once your company is incorporated, you are legally required to have a board of directors. Its official purpose is to represent the rights and viewpoints of shareholders—you, as well as your fellow company owners. But the board of directors should also serve a number of valuable purposes that can help to fuel and sustain your company’s growth and long-term success.

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More Trending

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How Support Organizations Can Unlock the Potential of Entrepreneurs in Vietnam

Entrepreneurs' Organization

The entrepreneurial spirit is alive and well in Vietnam, with its youthful population, a growing middle class, and the strong work ethic of its people. But entrepreneurship is a challenging journey, no matter where you are in the world. In Vietnam, the road to entrepreneurial success can be especially tough. From navigating complex regulations and securing funding to connecting with and growing a network, entrepreneurs in Vietnam face a unique set of challenges as they build their businesses: Ac

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Climate Table Stakes

Revolution

A salon dinner on planet, policy, and private sector momentum By Revolution Growth Partners, Kristin Gunther and Todd Klein Over the past decade, Revolution has backed a number of sustainability-focused companies, including those working to enable the circular economy, support the adoption of electric vehicles, create planet-friendly culinary experiences, and facilitate the adoption of clean energy.

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AIVC

A VC: Musings of a VC in NYC

I was approached by a company this week that has trained a large language model on all of the blog posts I have written here at AVC. There are 9059 of them for those that are counting. They wanted to offer me a chat bot called “ask Fred.” I told them no thanks. Let me explain. I am totally fine with anyone using all of the content I have produced here at AVC to train their AI models.

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A pot of gold at the intersection of DevOps and generative AI?

TechCrunch

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Generative AI isn’t just about creative endeavors and parlor tricks. Investors and Big Tech alike are betting that it will also affect enterprise infrastructure and cybersecurity, and they are putting money where their mouth is. — Anna Dev tools plus generative AI Y Combinator Demo Days are a

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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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The Unsurpassed Value of Surrounding Yourself with Like-minded Entrepreneurs

Entrepreneurs' Organization

It’s Small Business Week in the US, April 30 – May 6, a time to celebrate entrepreneurs and startups for their big ideas and their unrelenting drive to bring them into reality. It’s also an ideal opportunity for entrepreneurs to share experience, inspiration, and the challenges you’ve overcome to make your business a success. We asked EO members what lessons learned or best practices they would share with other small business owners.

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Are you at risk for tech killing your job?

Berkonomics

Stop me if you’ve heard this story before. “My job as a (newspaper publisher telephone installer, stockbroker, travel agent, retail store manager) writer, poet, commercial artist – 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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Amazon Small Business Grants announced as part of Small Business Month, Poll Results Shared

American Entrepreneurship

Deadline approaching for Grant Applications; Survey Results Share Insight about Small Business Secto Amazon continues its support for small businesses that make up a significant portion of its online vendor base. As part of Small Business Month, Amazon Business, the Amazon business procurement storefront, announced its 2023 Small Business Grants and the results its poll of small business decisionmakers.

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Microsoft launches Pegasus program for startups, awarding up to $350,000 in credits

TechCrunch

Microsoft is extending the Startup Founders Hub, its self-service platform that provides founders with free resources including Azure credits, with a new incubator program called the Pegasus Program. Pegasus will select startups with products that “fill a market need” and give them up to $350,000 in Azure, GitHub and LinkedIn credits plus backing from advisors, as well as “access to the best Microsoft tech,” according to Hans Yang, general manager at Microsoft for Startu

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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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PowerUp Podcast returns for season three

NZ Entrepreneur

Te Puna Umanga/Venture Taranaki’s PowerUp podcast is back with the release of the first three episodes of the latest six-part series that celebrates the prominent Taranaki entrepreneurs and innovators who are leaving their mark on the world. As the Regional Development Agency, Te Puna Umanga/Venture Taranaki is powering up the entrepreneurship ecosystem in Taranaki so that fresh thinking and innovation can continue to thrive in the like no other region.

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Bloomfilter Raises $7 Million Seed Round

HPA

HPA is excited to announce our participation in Bloomfilter’s $7 Million seed round , which was led by Magarac Venture Partners. The funding included $5.5M of equity financing and $1.5 of venture debt. Bloomfilter is a process intelligence platform for software development , designed to measure and improve the software development lifecycle. The platform helps organizations develop a shared understanding of what the product team is building, when it will be delivered, and how much it costs.

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Malaysian startup HOMA2U eecures $875K in pre-Series A funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Malaysian renovation and interior design marketplace, HOMA Sdn Bhd ( HOMA2U ), announced today that it has secured $875,000 in pre-Series A funding. The investment round was led by Quest Ventures Asia Fund II, an early-stage venture capital fund managed by Singapore-based Quest Ventures Pte Ltd.

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Nuview emerges from stealth with plans to map the Earth using lidar

TechCrunch

Dozens of established players and newer entrants are competing to bring the most cutting-edge remote sensing data to customers. These companies may use hyperspectral, thermal, radar or optical instruments — but none, as of yet, use light detection and ranging (lidar), a technology that’s best-known for its use in self-driving cars. Nuview , a geospatial technology company that emerged from stealth today, wants to change that.

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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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Coworking Spaces Are Struggling to Flourish in the Countryside

Deskmag

How are coworking spaces doing after the end of the pandemic? What problems are they facing today? We adress these questions in the first article of the 2023 Global Coworking Survey.

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The Real Reason It’s So Hard to Turn Investor Intros Into Startup Funding

Entrepreneur's Handbook

There’s more to getting investment than having a good recommendation.

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Indonesian startup Mimin raises seed funding to boost e-commerce efficiency

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Indonesian startup Mimin has secured seed funding from Otto Digital , a subsidiary of conglomerate Salim Group, to expand its chat commerce solutions and virtual assistant services for micro, small, and medium enterprises (MSMEs) in the country.

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Spend management space sees a large raise, and layoffs, in the same week

TechCrunch

Welcome to The Interchange ! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon.

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The ABM Benchmark Survey

ABM gets better with age — but unfortunately, marketers don't have the luxury of pouring it into an oak barrel for a couple decades to let it mature. In a recent survey with Demand Gen Report, we found 59% of experienced practitioners (those with ABM programs more than a year old) indicated their ABM programs are meeting or greatly exceeding their expectations, while only 45% of novices (those with ABM programs less than one year old) could say the same.

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Rider Undergrads Place First in National Business Competition

American Entrepreneurship

A team of Rider University undergraduate students placed first in this year’s national Small Business Institute (SBI) Project of the Year Competition. The win gives the undergraduate team its sixth national title since it began participating in the competition in 1998. Over that time, the University has tallied a total of 39 top 10 finishes between the undergraduate and graduate divisions of the competition, which recognizes the best student consulting projects throughout the United States. R

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Why Is Nobody Buying My Startup’s Product?

Entrepreneur's Handbook

The very formulation of the question is wrong Continue reading on Entrepreneur's Handbook »

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Advance Intelligence Group secures $80m for AI-powered financial services

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-based AI-driven technology company Advance Intelligence Group has raised $80 million in funding from an investor consortium led by existing investors Warburg Pincus and Northstar Group. The new round follows the Group’s Series D funding of over $400 million in 2021.

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Fiverr Enterprise aims to streamline managing large groups of freelancers

TechCrunch

In 2021, gig marketplace Fiverr acquired Stoke Talent, a startup developing freelance management tools for employers, for $95 million. The move expanded Fiverr’s business by bringing it into into new and adjacent areas of the employment market, diversifying the publicly-traded company’s offerings. Now, after nearly two years following the acquisition, Fiverr’s unveiling a talent management product built on top of Stoke Talent’s offerings called Fiverr Enterprise.

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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?