Sat.Oct 22, 2022 - Fri.Oct 28, 2022

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Weekly 19: How to sell your startup to VCs in one minute

Entrepreneur's Handbook

Welcome to another edition of our new newsletter! You’ll receive the best practical startup advice straight to your inbox every week. In this week’s edition, we share: Why your pitch deck has one minute to sell investors on your startup The 7 types of startup founder, and why it matters to you Let’s do this. P.s. Listen to our latest podcast episode w/ Henri Pierre Jacques here How to grab a VC’s attention in just 1 minute When DC Palter receives a pitch, it has his attention for a minute.

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Would You Leave the Cloud to Improve Sales Efficiency by 11%?

Tomasz Tunguz

Last week, David Heinemeier Hansson explained why his company, Basecamp, is leaving the cloud. They will manage their own servers to reduce the $3m annual AWS bill by 60%. Setting aside the technical questions around such a migration for a paragraph or two, this move will improve Basecamp’s efficiency materially. For a hypothetical startup, a 60% reduction in infrastructure costs boosts sales efficiency by 11% & net income margin by at least 12%.

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3 Lessons Learned from Living in Adventure Mode

Entrepreneurs' Organization

I spent 14 years building and scaling my business, International Nomads. We launched in 2006 as the first full-service digital agency in the Kingdom of Saudi Arabia and Middle East region. We crafted digital strategies for brands and built apps, games, marketing campaigns, and story-driven experiences long before it was popular in the region. We were explorers and adventurers, like many startups: Following our passion, trusting our gut, and building something we loved.

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Seraf Toolbox: Dealing with Restricted Stock - Model IRS 83(b) Election Form

The Seraf Compass

Many years ago I joined the board of a company after my angel group became the lead investor in the company’s seed financing round. As part of my compensation for being a board member, the company issued me restricted stock. Since I was new to the early stage investing world, I didn’t understand what the tax implications were with restricted stock. It’s unfortunate that I didn’t get good tax planning advice at the time, because if I had, it would have saved me a significant amount on my tax bill

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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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Inspiring Sustainable Design: Green Materials—How To Build Better

Venture Well

Learn how to teach students to incorporate green materials into their inventions with exercises from the Tools for Design and Sustainability. The post Inspiring Sustainable Design: Green Materials—How To Build Better appeared first on VentureWell.

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How to Break Free of The Enhanced Silos Remote Work Creates

Entrepreneurs' Organization

Over the last few years, we have learned first-hand the many benefits of working remotely. But there are downsides as well: Namely, the way we communicate between departments and teams in remote and hybrid environments has built bigger silos. In an office, the opportunity for collaborative communication is far greater. With everyone working in the same place, there are more chances for employees to interact organically and communicate with coworkers outside of their teams.

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How to maintain engineering velocity as you scale

Y Combinator

Engineering is typically the function that grows fastest at a scaling startup. It requires a lot of attention to make sure the pace of execution does not slow and cultural issues do not emerge as you scale. We’ve learned a lot about pace of execution in the past five years at Faire. When we launched in 2017, we were a team of five engineers. From the beginning, we built a simple but solid foundation that allowed us to maintain both velocity and quality.

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At-Home DNA Testing: A Q&A with Ana Cornell of Acorn Genetics

Venture Well

Hear from Ana Cornell about her E-Team Acorn Genetics, which is developing a low-cost, at-home DNA testing kit that enables users to privately test for genetic conditions. The post At-Home DNA Testing: A Q&A with Ana Cornell of Acorn Genetics appeared first on VentureWell.

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WATI, a CRM tool built for WhatsApp, raises $23M led by Tiger Global

TechCrunch

WhatsApp is used by more than two billion around the world, and is an important tool for many small businesses. But as they scale up, even WhatsApp for Business might not be able to keep up with their needs. That’s where WATI (WhatsApp Team Inbox) steps in. Built on WhatsApp for Business’ API, WATI has customer sales and engagement tools created for the messaging app.

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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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Why Startups Really Fail, and How To Fix It

Entrepreneur's Handbook

Photo by Matthew Osborn on Unsplash As founder of six startups, advisor to founders, and a startup strategist at IMD ( #1 ranked business school ), I see many mistakes being made and have made many myself. What drives me crazy is that the same mistakes happen again and again. So here is my scary list of the most impactful mistakes founders make: Mistake 1: Scaling Early (Means Failing Early) The top three reasons why 90% of startups fail are “no money,” “no market need,” and “too strong competi

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a daily run, part two

Derek Sivers

In my previous post, “ a daily run ” — (please read it first ) — running was a metaphor for whatever actions you take in your life. The story is about how we choose beliefs because they’re useful, not true. Beliefs make emotions. Emotions make actions. Actions come from emotions. Emotions come from beliefs. So choose whatever belief makes you take the action you want.

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Combating Cardiac Arrest: A Q&A with Heather Holman of Heartbeat Technologies

Venture Well

Hear from Heather Holman about her E-Team Heartbeat Technologies, which is working to treat patients experiencing cardiac arrest by increasing blood flow to the heart. The post Combating Cardiac Arrest: A Q&A with Heather Holman of Heartbeat Technologies appeared first on VentureWell.

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54gene CEO steps down as the company looks to cut more jobs

TechCrunch

54gene co-founder and chief executive officer Dr. Abasi Ene-Obong has stepped down from his executive role, the African genomics company confirmed to TechCrunch today. The three-year-old company has appointed General Counsel Teresia L. Bost as interim CEO. She will be supported by Chief Operating Officer Delali Attipoe , the company said. Ene-Obong, on the other hand, will retain his position on 54gene’s board while moving to a new role of senior advisor.

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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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YC Founder Firesides: Mutiny on AI and the next era of company growth

Y Combinator

Mutiny ( YC S18 ) uses AI and data to convert website visitors into customers. Today, the fastest growing B2B companies such as Notion and Snowflake use Mutiny to identify ideal customers, determine sections of websites that will increase conversion, and produce copy that converts visitors into customers. YC’s Anu Hariharan sat down with Mutiny co-founder and CEO Jaleh Rezaei to talk about their recent acquisition of Intellipse, an AI marketing platform, as well as how AI will impact the

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This 21-Year-Old Entrepreneur Built A Six-Figure Business From LinkedIn?—?Here’s What She Told Me.

Entrepreneur's Handbook

The secret lies in one word — Gen Z. Continue reading on Entrepreneur's Handbook ».

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SourceLink? Affiliate Quarterly Conversation – October 2022

Source Link

Change is Beautiful As SourceLink director, Rob Williams pointed out at our recent Affiliate Quarterly Conversation, along with the change in seasons, this fall brings change to the SourceLink network as well. New employment opportunities brought change to our staff and the people we work with. We have seen this at SourceLink and among our […] The post SourceLink℠ Affiliate Quarterly Conversation – October 2022 appeared first on SourceLink.

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Heura tucks into $20M funding chunk for its plant-based proteins ahead of beefier B round next year

TechCrunch

What’s going on with demand for plant-based meat? If you take a look at Barcelona-based Heura the picture seems rosy — with the alt-protein startup claiming “non-stop” momentum and a near doubling of revenue from sales of its faux chicken, beef and pork products in the first half of 2022. Mid-year, the 2017-founded startup reports that it had reached €14.7 million in turnover, up from €7.6M during the same period last year, after clocking up its most successful first half

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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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Reviewing 15+ Year of Accelerator Dividends

Morrow

The post Reviewing 15+ Year of Accelerator Dividends appeared first on Morrow.

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My Super Short Twitter Wishlist

Continuations

Elon Musk has successfully acquired Twitter. Many people seem convinced he will ruin it in short order. And while that’s of course conceivable, it is also possible that he will fix some long running problems. It’ s not like Twitter had been a well-run company. So now seems like a good time to resurface what I had tweeted in April. Restoring full API access would dramatically shift power back to endusers.

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Singapore’s Toku raises $5m more in Series A round

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Singapore-based cloud communications provider Toku is accelerating its growth in the Asia Pacific region after it raised $5 million more in its Series A funding round, which brings the total funding in the round to $10 million. In a statement, Toku said the extended round was co-led by Delivery Hero Ventures and Malaysia’s OSK Ventures International with participation from Betatr

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8 questions to answer before your startup faces technical due diligence

TechCrunch

Matt Van Itallie. Contributor. Share on Twitter. Matt Van Itallie is the founder and CEO of Sema , which provides codebase analytics for M&A. Investment activity is down now, but it’s likely to pick up in 2023. And when investments ramp up, so does M&A. Will your organization and your code pass technical due diligence when it’s your turn?

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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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Is Corporate Venture Capital Right for Your Startup?

Startup Blogpost

How do you determine if corporate venture capital is right for your startup? To help you determine if corporate venture capital is right for your startup, we asked startup founders, investors, and business leaders this question for their best pieces of advice. From making sure you have similar goals and expectations to considering the VC’s location, there are several signs to look for that may help you when determining if corporate venture capital is right for your startup.

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Investing in The Coterie

Andreessen Horowitz

Historically, wealth managers offered consumers a choice: either put their money on autopilot (through an offering like Vanguard’s low-fee ETFs) or — if wealthy enough — be actively managed by an advisor at somewhere like Goldman Sachs or Morgan Stanley … The post Investing in The Coterie appeared first on Andreessen Horowitz.

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S Korean gaming firm GXC launches $40m fund to support gaming industry

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register GXC , a Jeju, South Korea-based global video game solution company , has announced the launch of Round Ventures , a $40-million new venture capital fund that will invest in early-stage gaming firms and startups. Round Ventures will lead investments of $500,000 to $1 million into proven early-stage game startups, then co-invests with renowned partners such as game VCs at pre-Series A or

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Sequoia India eyes $50 million investment in K12 despite market slump

TechCrunch

Sequoia India is in advanced stages of deliberations to invest over $50 million in K12 Techno Services, a startup that offers a range of services to education institutions and also runs its own chain of schools, doubling down on a firm that it first backed over a decade ago, two sources familiar with the matter told TechCrunch. K12 Techno Services — which has raised over $75 million in previous rounds, according to Tracxn — also engaged with TPG and Accel in recent weeks but has deci

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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.