Sat.May 22, 2021 - Fri.May 28, 2021

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Playing the Long Game in Venture Capital

Both Sides of the Table

Silicon Valley and the media industry that surrounds it values youth. The culture is driven by the 20-something irreverent founder with huge technical chops who in a “David vs. Goliath” mythology take on the titans of industry and wins. It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales.

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Do you really need a board of directors?

Berkonomics

First, the short answer. No matter what your size, if you intend to grow your business into more than just a lifestyle workplace, you should create a board of directors. If you take money from knowledgeable investors, you will be required to create a board as a part of the investment process. So, why go through the effort? Boards perform two important types of task.

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The 6 Signs That Reveal Entrepreneurship Isn’t for You

Entrepreneur's Handbook

Hard work isn’t enough to offset these entrepreneurial pitfalls. Continue reading on Entrepreneur's Handbook ».

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Freelancer or entrepreneur? Making the mindset shift

Entrepreneurs' Organization

Contributed by Julia L F Goldstein, the founder of JLFG Communications , which helps businesses share their world-changing ideas through clear and concise content. She is also the award-winning author of Material Value: More Sustainable, Less Wasteful Manufacturing of Everything from Cell Phones to Cleaning Products. During an online business workshop in December 2020, the presenter asked me whether our venture was a hobby or a business.

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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Winning at Fifty

A VC: Musings of a VC in NYC

I was rooting for Phil Mickelson all weekend to win the PGA at age 50. I’ve watched Phil for thirty years and I’ve seen all of the highs and lows and there have been many. He plays the game of golf with a level of creativity that can often lead to problems. He is a risk-taker which isn’t always the best way to approach a golf course.

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5 Innovative Fundraising Methods for Emerging Venture Capital and Private Equity Funds

David Teten VC

How do you raise money for your venture capital or private equity fund from family offices and high net worths? . I see five innovative new methods for raising capital which emerging managers such as Versatile VC are using, which I’ve ranked in roughly descending order of popularity: . Join the online communities and virtual conferences where investors participate. .

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Visa takes a swipe in fintech, builds new online marketplace

TechCrunch

The relationships between banks and fintechs are multi-faceted. In some cases, they partner. In many cases, they compete. In other cases, one acquires or invests in the other. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. Specifically, Visa said today it has expanded its Visa Fintech Partner Connect , a program designed to help financial institutions quickly connect with a “vetted and curated” set of techno

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The Inflationary Forces in Startupland

Tomasz Tunguz

Over the last ten years, the 75th percentile post-money valuation of a cloud software or infrastructure company has grown 11% annually. In 2021, the post-money valuation has spiked 60% from $48.1m to $77.0m. While not as hyperbolic an inflation rate as copper or lumber, the price trajectory of early stage cloud startups does result from a similar supply demand/imbalance.

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Alkami Technology proves that financial unicorns are not a myth

Innovation 2 Enterprise

By Scott Meacham. Oklahoma-founded Alkami Technology proves that financial unicorns are not a myth. i2E and Oklahoma scored another first in innovation and entrepreneurship in April when Alkami Technology, our state’s and our firm’s first “unicorn” debuted on the Nasdaq (ALKT). In venture capital parlance, “unicorn” describes a privately held startup company with a company valuation of over $1 billion.

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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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How to Find the Perfect VC Partner, Even During Times of Uncertainty

StartupNation

While the pandemic has certainly had an impact on the startup space, speculations were off about one thing: venture capital. It didn’t dry up: Venture investors poured $150 billion into North American companies in 2020, up about 7% from 2019 levels. All was not rosy, however, as first-time financings comprised only a fraction of that funding and decreased at points during the year.

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Canvas lands $20M so tech’s biggest companies can find diverse talent

TechCrunch

Ben Herman and Adam Gefkovicz launched Jumpstart in 2017 with a clear mission: to make the world more equitable via a more fair and balanced hiring process. The company released its “Diversity Recruitment Platform” in July of 2018 with the aim of helping people earlier in their careers get a “jumpstart” via technology. Over the years, the startup’s mission has evolved beyond helping college grads to helping all employees — regardless of career stage — get a fair shot at jobs.

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Why Your Customers Don’t Love Your Product

Entrepreneur's Handbook

4 steps to change the word ‘like’ to ‘love’ Continue reading on Entrepreneur's Handbook ».

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10 Things You Get With A GCUC Membership

GCUC

The GCUC Community membership gives coworking & flexspace operators the tools & resources they need to work less & spend more time in their. The post 10 Things You Get With A GCUC Membership appeared first on GCUC Community.

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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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Goldfish Swim School CEO Shares 5 Must-Haves in Post-Pandemic Playbook

StartupNation

Over the course of the last year, it’s been remarkable to watch successful adjustments to remote work , new innovation projects and everything in between, as small businesses across the nation quickly adapted to changes brought on by the pandemic. As we’ve surpassed the one-year mark of COVID-19 and inch closer to a return to normalcy, it’s likely many of these notable changes to business operations are here to stay.

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The LatAm funding boom continues as Kaszek raises $1B across a duo of funds

TechCrunch

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region , Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine unicorns along the way. And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventu

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Everything You Need to Know About Angel Investors

Entrepreneur's Handbook

Connecting with the right kind of Angel can be the answer to an entrepreneur’s prayers Continue reading on Entrepreneur's Handbook ».

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These African Entrepreneurs Are Developing Tech Solutions for Healthcare and Education

Impact Hub

Where there’s a will, there’s a way. These African entrepreneurs are creating their’s, providing solutions to some of Ghana and Nigeria’s most pressing challenges in education and health, and driving innovation through technology to empower young people and women. The ongoing pandemic has reminded us of the importance of building resilient, fair, and equitable societies that ensure no one is left behind and allow all individuals not only to meet their basic needs but to thrive.

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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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How Quality Reporting Helps Smart Entrepreneurs Build Investor Trust and Long-Term Returns

StartupNation

Think of investor reporting as the foundation of trust between a company’s founders and its investors. That trust is earned over time and is strengthened by timely reporting of company results. Strategic entrepreneurs will see good investor reporting is both the foundation for a company’s success and an entrance to later investing. Done correctly, early investors become referrals for later investors and, when properly incentivized, future investors as well.

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RevenueCat raises $40M Series B for its in-app subscription platform

TechCrunch

RevenueCat , a startup offering a series of tools for developers of subscription-based apps, has raised $40 million in Series B funding, valuing its business at $300 million, post-money. Founded by developers who understood the difficulties in scaling a subscription app first-hand, RevenueCat’s software development kit (SDK) solution gives companies the tools they need to build a subscription business, including not just adding subscriptions themselves, but maintaining them over time even

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How to Build a Team that Attracts Investors for Your Startup

Entrepreneur's Handbook

Investors prefer betting on people rather than ideas. Learn how to build a strong team to swing the pendulum your way. Continue reading on Entrepreneur's Handbook ».

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[Future Family in FinSMEs] Future Family Raises $9M in Series A-1 Funding

OurCrowd

The round was led by Mindset Ventures. The company is using the funds to accelerate its clinic partnership network. Led by CEO and founder Claire Tomkins, Future Family provides a fintech solution for fertility treatment with services like egg freezing, IVF, and concierge care. The personalized buy-now-pay-later plan offers a flexible financing option equipping individuals seeking fertility treatment to move forward without having to pay expenses upfront.

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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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WJR Business Beat with Jeff Sloan: Michigan Leads Nation in Venture Capital Investment (Episode 229)

StartupNation

On today’s Business Beat, Jeff talks about how Michigan leads the nation in the biggest increase in venture capital investing and how venture capital is furthering innovation in our state. Tune in to Business Beat, below, to learn more about the importance of venture capital: “… venture capital has growth capital that companies use to accelerate their growth as they move toward either an acquisition or an IPO.

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Fireflies.ai raises $14M for its meeting transcription and automation service

TechCrunch

The Fireflies.ai project is a good reminder that not every startup project goes from idea to unicorn-status in 48 minutes. Instead, the startup’s CEO Krish Ramineni told TechCrunch about how a period of interest in natural language processing (NLP), tinkering with a friend, a stint at Microsoft, and even working on Slack bots led him to helping found Fireflies.ai (Fireflies), a company that today announced a $14 million raise led by Khosla.

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It’s Time to Ditch Job Descriptions and KPIs

Entrepreneur's Handbook

Optimise your business for creative freedom and ownership Continue reading on Entrepreneur's Handbook ».

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[Clinch in Pulse 2.0] Creative Personalization Platform Clinch Raises $10 Million

OurCrowd

Clinch — a company that provides AI-driven omnichannel personalization and unique consumer intelligence to the world’s leading advertisers — announced recently that it raised $10 million in Series A funding led by investment firm D Squared Capital. This funding round will be used to support its accelerated global growth and the upcoming launch of their next generation of data-driven personalization-at-scale solutions, built for new identity environments and emerging digital commerce channels, wi

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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.