July, 2024

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Lean and Mean: How to Boost Startup Growth on a Shoestring Budget

Entrepreneurs' Organization

The excitement of building your own business can quickly fade when faced with the reality of resource constraints. However, even though the path to success may be challenging, remember that countless thriving companies started with only a great idea and sheer determination. You can, too! By embracing strategic thinking and the lean startup philosophy, you can overcome entrepreneurial challenges and bring your vision to life.

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How Often Should Angel Investors Update Their Estate Plans?

The Seraf Compass

Estate planning is a critical aspect of financial management that often flies under the radar for many investors, especially those involved in the dynamic world of angel investing. While most individuals update their estate plans every three to five years, it begs the question: is this sufficient for angel investors? Let's explore why angel and venture capital (VC) investors could be best served adopting a new strategy.

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Ben Franklin’s Spring 2024 TechCelerator Winners Announced!

Ben Franklin Technology Partners

On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business. Out of the eight entrepreneurial teams, two were awarded prize money!

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Just-launched Pet Fund Ani.VC announces DOG PPL as First Investment

American Entrepreneurship

Pets reside in a significant portion of households and continuing market growth is expected In the United States, the pet population is a significant portion of U.S. households, according to the American Pet Products Association with 66% reporting at least one pet in 2024. Total expenditures of $147.0 billion in 2023 are expected to grow to $195.6 billion by 2030.

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Revolution Statement on Vice Presidential Candidate JD Vance

Revolution

JD Vance worked at Revolution for about a year and a half, starting in 2017, following the publication of his best-selling book, Hillbilly Elegy. The book’s focus aligned well with Revolution’s Rise of the Rest, an initiative started and championed by Steve Case to shine a spotlight on emerging startup ecosystems between the coasts. JD helped launch the first Rise of the Rest Seed fund, joined us for a number of Rise of the Rest Road trips, and led investments in companies such as Anduril, Branc

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Three Uncomfortable (but Vital) Leadership Truths for Entrepreneurs

Entrepreneurs' Organization

Being an entrepreneur doesn’t make you a great leader, Creating opportunities for others is commendable, but true leadership goes beyond business ownership. There is so much more to leadership that builds community and creates impact. As I grow into my new role as EO’s Global Board Chair , I begin by looking back on my entrepreneurial journey over the past decade and see now, with the benefit of hindsight, how my understanding and approach to leadership have drastically evolved.

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Fintech Investments in Southeast Asia Fall 20% in First Half of 2024

AsiaTechDaily

Fintech funding in Southeast Asia declined 20% year-on-year to US$851 million in the first half of 2024, according to a report by Tracxn, a global SaaS-based market intelligence platform.

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Transforming Everyday Interactions: An Interview with Michael Jung of DeepBrain AI on the Future of…

Jason Malki

Transforming Everyday Interactions: An Interview with Michael Jung of DeepBrain AI on the Future of AI Avatars I had the pleasure of interviewing Michael Jung, CFO and Head of Global Business at DeepBrain AI , who brings vast experience in corporate strategy and AI technology. With a background in economics and accounting from UC San Diego, he has held significant roles at SK Group and LG Group, specializing in M&A and valuation.

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Economic Data Points to Cooling Employment Market, CBIZ SBEI flat for June

American Entrepreneurship

The slowing employment market suggests conditions for The FED to lower interest rates According to Anna Rathbun, CFA, Chief Investment Officer, CBIZ Investment Advisory Services, LLC, economic data indicates the employment market is slowing and impacting hiring for small business owners and job seekers. “The June labor market update from the Bureau of Labor Statistics continued the trend of weakness under strong headline nonfarm payroll gains and downward revisions in job gains from previous mon

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Conscious Investment and Startup Growth with Amar Varma

Mark MacLeod

Dive into my conversation with Amar Varma, co-founder and CEO of Mantle, a startup revolutionizing private asset tracking through innovative AI integration and fresh approaches. Explore the transcripts to get Key Insights from this Episode Mark MacLeod:This week I sat […] The post Conscious Investment and Startup Growth with Amar Varma appeared first on Mark MacLeod.

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The Battle for AI Gravity

Tomasz Tunguz

During the era of big data, data gravity was the core strategic imperative. Wherever the biggest dataset resided, customers ran their compute workloads that generated all of the profit and revenue growth for the last generation of data companies. Today, the battle is for AI gravity. Why? AI requires orders of magnitude more compute than other workloads, so there’s much more money & profit to be made serving customers running them.

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GLC Learn Arounds Unlock New Perspectives Via Full Immersion Learning

Entrepreneurs' Organization

At EO’s 2024 Global Leadership Conference (GLC) in Singapore, more than 1,800 EO members from 65 countries convened for the opportunity to learn and collaborate. The program included 10 guest speakers and keynotes on the main stage, learning tracks tailored for EO chapter leadership positions, and off-site learning and inspiration in the form of Learn Arounds.

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Ex-Meta Engineers’ Startup Heymax.ai Raises $2.6M to Expand Personal Finance Platform

AsiaTechDaily

The Singapore-founded personal finance and shopping platform Heymax.ai has secured US$2.6 million in a seed funding round.

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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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Interview with Adam Stewart: The AI Startup That’s Taking Over the $3 Billion Telephone Answering…

Jason Malki

Interview with Adam Stewart: The AI Startup That’s Taking Over the $3 Billion Telephone Answering Service Industry I had the pleasure of interviewing Adam Stewart. Adam is the founder and CEO of Dialzara.com , which leverages AI to answer incoming phone calls for businesses all over the world. Previously, Adam was COO at ProspectNow.com before its acquisition and also served as a Human Intelligence Collector in the National Guard.

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Novocuff’s Medical Device Reducing Preterm Births Gains $26M Series A

American Entrepreneurship

Preterm birth is the number one cause of infant mortality globally Women face a variety of challenges during their pregnancies that often require medical care. Preterm births each year affect millions of families worldwide leading the startup Novocuff to find a way to extend pregnancy. To achieve this, co-founders CEO Amelia Degenkolb and COO Donald Lee developed a medical device to stabilize and close the cervix to retain amniotic fluid and sustain cervical length.

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GCUC Podcast Recap: Citi Medina

GCUC

GCUC Podcast Recap: Citi Medina In the heart of New Jersey, a revolution is taking place. Equal Space, a community-driven coworking space, is providing a platform for members in.

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No SaaS! How AI Agents Will Change Software Pricing

Tomasz Tunguz

In a world where AI agents are 2.5-3x as productive as humans, which would parallel mechanical robots, how does a software company price? Building on yesterday’s post , pricing in software companies may change significantly when AI agents become the norm. The SaaS business model of the last 20 years for SaaS is a beautiful one. Annual prepaid contracts are free loans to software companies ; seat-based pricing is a tangible metric for pricing ; as a client grows so does this account, produc

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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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The Dual Nature of Giving: Reflections on Philanthropy and Success

Entrepreneurs' Organization

As EO enthusiastically welcomes Jamie Pujara, an EO Kenya member, as its new Global Chair for fiscal year 2024/2025, it is the perfect moment to reflect on past achievements and envision future goals. Jamie’s words resonate with EO members worldwide: “It is not just my year to lead; it is our collective year to create impact.” Embracing the transformative power of generosity, Alex Yastrebenetsky, an EO Cincinnati member who inspired us with his thought leadership in Want to Cha

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Alibaba-Backed Baichuan Secures $691 Million, Valued at $2.7 Billion

AsiaTechDaily

Beijing-based artificial intelligence startup Baichuan Intelligent Technology has raised approximately 5 billion yuan (about $691 million) in its latest funding round. Major Chinese technology firms, including Alibaba Holding Ltd.

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Inspiring True Beauty from the Inside Out, Because Ultimate Beauty IS Health

Jason Malki

I had the pleasure of interviewing Priscilla A. Broward, Founder & Managing Director of Ultimate Beauty Health , which provides high-quality nutricosmetics for general health and beauty for professional and consumer markets. A seasoned executive with a career focused on startup projects, brand innovation, and trend development. Ms. Broward got her start with consumer-packaged goods (CPG) giant General Foods Corp. and from there, went on to The J.M.

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Block Advisors by H&R Block Awards Grants to Five Women-Owned Small Businesses

American Entrepreneurship

Over 6,000 applicants vied for a total of $100,000 in Grants and annual services Heather Jiang co-founder of Allégorie , a producer of plant-based fashion accessories was awarded a $50,000 grant for first place in the ‘Fund Her Future” competition hosted by Block Advisors by H&R Block. The New York-based company repurposes discarded fruits and recycled plastic into bags, backpacks, and wallets, reducing food waste and greenhouse gas emissions.

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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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Navigating Co-Leadership and Tech Innovations with Elizabeth Caley

Mark MacLeod

Listen to this insightful discussion with Elizabeth Caley, co-founder and CEO of Poppy and learn how this startup is revolutionizing indoor air quality with cutting-edge technology and bold leadership. Dive into the Transcripts for Key Insights from this Episode Mark […] The post Navigating Co-Leadership and Tech Innovations with Elizabeth Caley appeared first on Mark MacLeod.

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Punctuated Equilibrium in AI : Is it Better to Be A First Mover or A Last Mover?

Tomasz Tunguz

Machine learning advances tend to evolve in bursts. Researchers publish a new paper with a newly discovered technique. It launches the industry forward & more researchers rapidly iterate to improve it further. Progress looks like this - a series of S curves one after another. No one knows the time period between the rapid progress or the slope of the curves or how much progress we’ll make during one of these curves.

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First-Year Members Share Why They Would Join EO Again (and Again!)

Entrepreneurs' Organization

Have you ever wondered what it’s like to join the Entrepreneurs’ Organization (EO), the world’s largest membership network formed exclusively by entrepreneurs, for entrepreneurs everywhere? With nearly 19,000 members in over 80 countries, EO offers local, regional, and global experiences that support entrepreneurs beyond just business. If you’re a new EO member, congratulations!

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Foodpanda and Cybersource Partner to Streamline Payments 

AsiaTechDaily

Foodpanda, a subsidiary of Delivery Hero, has announced a strategic collaboration with Cybersource, a Visa solution, to optimize the customer checkout process through advanced payment capabilities.

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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