Sat.Oct 28, 2023 - Fri.Nov 03, 2023

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Everything An Angel Investor Should Know About The Corporate Transparency Act

Angel Capital Association

by Joe Wallin , leader of the Angel Capital Association Legal Advisory Council and Pricipal at the law firm of Carney Badley Spellman, P.S. Big Picture The CTA is intended to assist law enforcement in combatting money laundering, tax fraud, financing of terrorism, and other illicit activity through anonymous shell and front companies. Starting January 1, 2024, the Corporate Transparency Act (the CTA) will require all new business entities formed in the U.S. and foreign companies that qualify to

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The Advantage of Having Venture Backed Friends

This is going to be BIG.

I’ve made over 100 investments in my career and nearly half of those went into diverse teams. I’ll be the first to back up the notion that diverse founders have just as much ambition, drive, intellectual horsepower, creativity—you name it—than anyone else. In fact, you could make the argument that, because of their lack of advantages in other areas, the ones who make it to a venture pitch actually have more of these raw ingredients because they’ve had to in order to make it to the same destinati

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When Your Brand Takes a Hit: How To Make a Swift Recovery

Entrepreneurs' Organization

Contributed to EO by Eden Gillott, an EO Los Angeles member who is president of Gillott Communications , a strategic communications and crisis PR firm. She’s the author of A Business Owner’s Guide to Crisis PR: Protecting You & Your Business’ Reputation , and serves the EO Los Angeles chapter as MarComm co-chair. We asked Eden how to tackle a PR crisis that’s thrust upon your company by external forces.

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Thoughts On “Putting Products into Services”

Paul G. Silva

Source Harvard Business Review Putting Products into Services , by Mohanbir Sawhney Analysis High-end professional services firms, unlike product companies, traditionally experience only linear revenue growth. That’s because selling more services means adding more professionals, which limits profit margins. And this growth is complicated by the chronic talent shortage hitting every business services sector I’ve encountered.

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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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The urgent call for innovation and investment in maternal health

TechCrunch

Women’s health remains one of the most underfunded, under-researched, and underserved areas of investment and study. © 2023 TechCrunch. All rights reserved. For personal use only.

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I Was Supposed to Be a Millionaire at 25. Instead, I Went Bankrupt.

Entrepreneur's Handbook

Image: Author Startups are supposed to be about an innate drive to change the world. But not for me. I was 22, and I had one goal: to become insanely rich. That was my mindset in 2014 as my co-founder Lee Silverstone and I started Gymtrack, a startup that lets gym members automatically track their workouts. It’s Peloton for the gym. It’s “The Future of Fitness.

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What Role Do Partnerships Play in New Business Development?

Startup Blogpost

What Role Do Partnerships Play in New Business Development? To provide insights into the role of partnerships in new business development, we asked 13 CEOs and Founders for their expert advice. From collaborating for brand awareness and leads to sharing costs and growing with partnerships, discover the key strategies these leaders recommend for capitalizing on business partnerships.

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Why Mozilla is betting on a decentralized social networking future

TechCrunch

Consumers are hungry for a new way of social networking, where trust and safety are paramount and power isn’t centralized with a Big Tech CEO in charge… or at least that’s what Mozilla believes. The mission-driven tech company behind the Firefox browser, Pocket reader and other apps is now investing its energy into the so-called […] © 2023 TechCrunch.

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Asia’s Premier Global Startup Extravaganza, COMEUP 2023, Set to Ignite Seoul with Record International Participation from Nov 8 to 10

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register The South Korea Ministry of SMEs and Startups, in collaboration with the Korea Startup Forum, is set to host the highly anticipated “COMEUP 2023,” set to take place from November 8 to 10 at the renowned Dongdaemun Design Plaza (DDP) in Seoul.

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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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Lesson #355: Artificial Intelligence is Taking Over Marketing

Red Rocket

Artificial intelligence (AI) has been around for decades. I won’t bore you with its long history, summarized well in this article. It has even had a significant role in the marketing industry for many years (e.g., predictive analytics used in many advertising platforms). But, what has recently caught storm is the use of generative AI in the creation of many marketing creatives.

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The Superhero Stack

Andreessen Horowitz

Why can’t we connect with 911 operators on FaceTime or WhatsApp, to easily share photos and videos from the scene? Why do we wait for an emergency vehicle to arrive at an accident site to understand what’s happening when drones can get there faster and provide “eye in the sky” perspectives for first responders en route? According to the FBI, a car is stolen every 23 seconds in the United States, and 40% are never recovered — a shockingly high number given all of the data and technology available

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Apple CEO Tim Cook says AI is a fundamental technology, confirms investments in generative AI

TechCrunch

Apple CEO Tim Cook pushed back a bit at the notion that the company was behind in AI on yesterday’s Q4 earnings call with investors, as he highlighted technology developments that Apple had made recently that “would not be possible without AI.” Specifically, the exec pointed to new iOS 17 features like Personal Voice and […] © 2023 TechCrunch.

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Top 6 Cleantech Startups in Singapore Securing Impressive Funding Rounds

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore is emerging as a hotspot for cleantech innovation, with a growing number of startups focusing on sustainability and environmental impact. These companies are developing solutions to address critical issues such as renewable energy, waste management, water conservation, and more.

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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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Music DASH’s Mission to Revolutionize Music Distribution Through AI

Jason Malki

I had the pleasure of interviewing Bob Shami who is a pioneering entrepreneur with a strong focus on utilizing technology to drive innovation in the music distribution landscape. With a rich history in AI ventures, including NEOS-AI , Music DASH, and NF Hits , Bob has been instrumental in reshaping the independent music economy. He is an active advocate for artist-centric tech solutions and regularly engages in thought-provoking discussions through his ‘ SoundBreaker ’ podcast.

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Inbound and Outbound Strategies

Entrepreneur's Handbook

Once it’s successful, what does a company do next? A Fork In The Road Recently, I’ve been discussing strategy with a number of companies facing a common decision point. Despite being spread out across industries, they’ve all reached a level of success with whatever their core product or offering is. And now they’re asking the same question. They’re ready to expand beyond their current track, but they aren’t sure what to do next.

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Why Comcast built an accelerator to nurture sports startups

TechCrunch

Comcast, a division of NBCUniversal, which broadcasts multiple sports, developed an accelerator to help encourage sports tech startups. © 2023 TechCrunch. All rights reserved. For personal use only.

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Navigating the Deep Waters of Venture Capital: An Interview with Vadim Shpak, from Vickers Venture Partners

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register In the fast-paced world of venture capital, experience and expertise are the keys to success. The Editor of Asia Tech Daily had the privilege of sitting down with a seasoned investor, Vadim Shpak , who has not only witnessed the industry’s evolution but has also played a pivotal role in shaping it.

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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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Investing in Prepared

Andreessen Horowitz

911 call centers – also known as public safety answering points (PSAPs) – are one of the most actively used public-safety infrastructure systems in the United States, fielding an estimated 240 million calls per year. That’s more than 650,000 per day. These centers act as the first point of engagement between a citizen and the public safety system, and PSAPs are often the conduit between the citizen and the eventual field responders (e.g., police, fire, emergency medicine) who go on-site to help.

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When He Tried to Buy and Develop a Distressed Shopping Center in Baltimore, He Found an 80-Year-Old Legal Covenant That Banned Black Ownership. Here's What He Did Next.

Entrepreneur - Entrepreneurs Category

Lyneir Richardson, co-founder and CEO of Chicago TREND Corporation, discusses the company's efforts to accelerate economic development in urban neighborhoods.

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Toyota to invest another $8B into North Carolina EV battery factory

TechCrunch

Toyota said Tuesday it will invest another $8 billion into its first EV battery factory in North America, as the Japanese automaker tries to ramp up its electrification program and introduce 30 battery electric models globally by the end of the decade. The North Carolina-based factory, which is slated to go into production in 2025, […] © 2023 TechCrunch.

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Singapore’s REDEX Raises $10 Million in Series A Funding Led by Aramco Ventures

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-based renewable energy certificate (REC) service provider REDEX has successfully raised $10 million in a Series A funding round. Aramco Ventures, a subsidiary of Saudi Aramco (2222. SE), led this investment as one of its initial investments in this region.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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Usage-Based Pricing Is Popular, But Is It Right For You? Our Rule of Thumb

Andreessen Horowitz

One of the most common pricing questions we get from late-stage SaaS companies is: should we switch to a usage-based pricing model (also known as consumption-based pricing)? Often, these companies have an existing subscription model, and usage-based pricing sounds like it would further align their incentives with their customers’. After all, the more their customers use their product, the more revenue they capture.

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Your fork in the road? Depending upon others.

Berkonomics

I guarantee that there comes a time when growing businesses outgrow the original span of control of the entrepreneur. It is a critical period and is a test of the entrepreneur’s desire and ability to delegate. And I found from experience – after investing in many other entrepreneurial businesses over the years – that this stage typically occurs first at about twenty employees or $3 million in net revenues (or gross profit) for most any kind of company.

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When Investing, Chasing Growth May Cost You Millions

Red Rocket

I was recently speaking with an entrepreneur who'd passed on an investment because it would not need yield the company at least a 10x growth opportunity. I told him those returns might be reasonable when investing in small businesses (under $5 million) but that he should consider lowering his ROI threshold when investing in larger ones. My logic was twofold: first, bigger companies are harder to grow as quickly as small ones, so the growth percentages will be lower; and second, there's the poten

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Singapore’s SPH Media Boosts News Offerings with Tech in Asia Acquisition

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore’s largest news publisher, SPH Media , announced its acquisition of homegrown startup and tech news outlet Tech in Asia (TIA) on November 1. With this, the company aims to boost SPH Media’s news offerings, particularly enhancing The Business Times (BT), a financial news publication.

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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?