StartupNation

DECEMBER 19, 2020

There’s no doubt that COVID-19 set the economic tone for 2020. The pandemic has hit investor and customer confidence, forced teams across the world into their homes, and caused many businesses to close down entirely. And, although future regulations in countless countries are yet to be known as governments continue to monitor infection rates, many business owners are taking direct action now while the world waits to see what unfolds over the coming months.

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Entrepreneurs' Organization

DECEMBER 23, 2020

Stories of businesses closing and sales dropping in 2020 are common, but there are also plenty of organizations that experienced surprising growth during this unprecedented year. Planit , a creative agency based in Maryland, is one such organization. The company increased year-over-year revenue by 40+ percent. It’s even added four fulltime positions.

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TechCrunch

DECEMBER 22, 2020

Even in a non-hell year, running a successful startup is a tremendous lift. After the events of 2020, however, no doubt many already lean businesses are hanging on by the skin of their teeth. For every company that saw increased interest in their offerings during the pandemic, there were several that simply couldn’t make it through the finish line. We’ve put this list together for several years now.

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Source Link

DECEMBER 21, 2020

As you prepare your plans for supporting entrepreneurs this coming year, grab a cup of coffee and get ready to add some of these great reads to your 2021 reading list.

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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Venture Well

DECEMBER 22, 2020

A modest VentureWell faculty grant helped catalyze Arizona State University's innovative social entrepreneurship program, leading to more than 150 projects by some 700 students. The post how a faculty grant changed a university appeared first on VentureWell.

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UBI Global

DECEMBER 23, 2020

A 2020 year in review, plus what we learned and what comes next Unique. Challenging. Unprecedented – 2020 was all those things and more, and even though the world is about to transition into a new year the world’s innovation ecosystem still facing many challenges. If there is one thing our innovation intelligence community understands […].

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Y Combinator

DECEMBER 22, 2020

In early 2020 the entire world underwent a transformation. The planet was consumed by a pandemic that altered life as we knew it. Most of our normal routines changed immediately. At YC, like most businesses, we closed our offices. We were forced to rethink the end of our Winter 2020 batch and transformed its demo day to an online-only event. None of us knew how long the remote conditions would last, although we suspected it could be quite some time.

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TechCrunch

DECEMBER 21, 2020

The COVID-19 pandemic might have upended the global economy, but according to Meagan Crawford at Spacefund and Chris Moran with Lockheed Martin Ventures, it didn’t dampen investment in space startups. The space industry has enjoyed a honeymoon period with hundreds of startups popping up in the past five to seven years following SpaceX’s success.

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StartupNation

DECEMBER 24, 2020

Over the last month or so, I’ve engaged in 100 conversations with female entrepreneurs on Instagram. I was expecting the conversations to skew toward established entrepreneurs, but I quickly learned that new businesses, started by women and minorities, are on the rise. And while many reports show that the pandemic has hit women in business particularly hard , the women I was meeting and networking with had, on the contrary, begun their businesses during the pandemic over the last two to six mont

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Entrepreneur's Handbook

DECEMBER 19, 2020

Let’s talk about the benefits of MVP Do you have an idea for a new product and want to build it? Great! So, you have motivation and enthusiasm but, unfortunately, that is not enough. There are a lot of examples of developing million-dollar products that no one wanted to use. Luckily, there is a way to avoid a failure?—?choose MVP development ! MVP is a crucial part of any startup development when it’s necessary to reduce as many risks as you can.

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Feedough

DECEMBER 21, 2020

About 6 million new businesses start in the USA every year. Of these, only 70,000 get angel investment, and less than 5,000 get venture capital. That is, the remaining 5.92 million businesses either bootstrap or make inevitable fundraising mistakes that prevent them from raising funds. So, if you don’t want to be in the 98% of the businesses who fail to raise external funds, you need to avoid certain fundraising mistakes.

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TechCrunch

DECEMBER 22, 2020

WeRide, one of China’s most-funded startups developing autonomous driving capabilities, said on Wednesday that it has raised a $200 million strategic round from Chinese bus maker Yutong. Mega investments aren’t uncommon at companies like WeRide developing the next-generation level 4 driving standard, which denotes that the car can handle the majority of driving situations independently without human intervention.

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StartupNation

DECEMBER 23, 2020

Deciding to start your own business is big step, and one that requires a lot of upfront research and constant questioning. And, even as you move forward with the process of launching your business, the learning never stops. In fact, it’s likely that asking questions and remaining committed to learning about your industry will give you a leg up on the competition, helping you to achieve steady growth and refine your brand immediately out of the gate.

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Entrepreneur's Handbook

DECEMBER 23, 2020

The twins beat Zucks at the social network game. Zucks hasn’t figured it out yet. Continue reading on Entrepreneur's Handbook ».

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Smart Hustle Magazine

DECEMBER 19, 2020

Barclays US Consumer Bank today announced Frank Gourmet Hot Dogs as the winner of its “Small Business Big Wins” promotion and the recipient of a $50,000 grand prize. The Buffalo, New York, restaurant is known for its custom brand of signature hot dogs. It edged out nine other finalists in a nationwide vote to determine which United States-based small business would receive a much-needed financial boost at the end of an unprecedented year.

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TechCrunch

DECEMBER 24, 2020

As the United States entered its first wave of COVID-19 lockdowns, there were wide expectations in startup land that a reckoning had arrived. But the expected comeuppance of high-burn, high-growth startups fueled by cheap capital provided by venture capitalists raising ever-larger funds , failed to arrive. Instead, the very opposite came to pass. Layoffs happened swiftly and aggressively during the early months of the pandemic era.

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Tomasz Tunguz

DECEMBER 22, 2020

Erica Brescia, the COO of Github, a company in which 70% of the workforce has worked remotely for a decade, wrote in the Economist about how remote working is different and better. There have been many perspectives shared on remote work, but Erica’s adds an intriguing detail. Managers tasked with creating a culture of collaboration within a distributed team will find the profile of a leader changes.

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Advertiser: ZoomInfo

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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Entrepreneur's Handbook

DECEMBER 22, 2020

You can’t scale up until you tear things down Continue reading on Entrepreneur's Handbook ».

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StartupNation

DECEMBER 22, 2020

Sponsored content. As 2020 wraps up and we begin to look forward to 2021, there is hope on the horizon. While COVID-19 still looms, there is an argument that companies could return to the office in the coming year. If you plan to get back to the office in 2021, you will need to take health, safety and cleanliness protocols very seriously to protect your staff and clients, and to reduce the further spread of the COVID-19 virus.

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TechCrunch

DECEMBER 23, 2020

Fluent Forever , a startup that uses a novel learning system to help its users master a new language faster, has raised a $4.9 million funding round led by Denver-based Stout Street Capital. Other investors in this round include The Syndicate, LAUNCH, Mana Ventures, Noveus VC, Flight.VC, Insta VC, UpVentures, Firebrand Ventures, Cultivation Capital, Spero Ventures and Lofty Ventures.

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Berkonomics

DECEMBER 24, 2020

Use creative fundraising instead of equity or debt? By Dave Berkus. First, my story as an example. Let me tell you the story of how I raised $100,000 to fill a gap needed to purchase a new home for my young family years ago. I had located a beautiful home that would be a stretch to finance and had arranged for a first mortgage from the bank, and a second from the seller.

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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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Entrepreneur's Handbook

DECEMBER 24, 2020

Experience is certainly a good teacher Continue reading on Entrepreneur's Handbook ».

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The Seraf Compass

DECEMBER 23, 2020

Syndicating a round is one of the trickier and more time-consuming angel undertakings. Knowing how to pull a good closing package together is one thing, but finding enough other investors to actually fill your syndicated round is another matter altogether. Not only do start-ups need money, but they need it quickly - the faster a company can fill its round, the faster it can get back to making hires, talking to customers and growing the business.

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TechCrunch

DECEMBER 22, 2020

Bandit ML aims to optimize and automate the process of presenting the right offer to the right customer. The startup was part of the summer 2020 class at accelerator Y Combinator. It also raised a $1.32 million seed round in September from YC, Haystack Fund, Webb Investment Network, Liquid 2 Ventures, Jigsaw Ventures, Basecamp Fund, Pathbreaker Ventures and various angels — including what CEO Edoardo Conti said are 10 current and former Uber employees.

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A VC: Musings of a VC in NYC

DECEMBER 23, 2020

My dad, General Robert Maris Wilson, or Bob as most people called him, passed away on Monday at the age of 92. He had been in failing health for the last few months and moved on peacefully. My dad was a quiet and reserved man. He wrote those words about himself in four pages of biographic information he provided to us for the purpose of writing an obituary.

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