May, 2024

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How to Protect Your Mental Health When Starting a Business

Entrepreneurs' Organization

As we turn the calendar to May, Mental Health Awareness is top of mind with Mental Health Awareness Month and the upcoming May 13-19 Mental Health Awareness Week. While the entrepreneurial journey can be deeply fulfilling, it’s important to acknowledge the mental health struggles that often go hand-in-hand with the challenges, uncertainties, and responsibilities of starting a business.

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I’ve Moved Onchain

A VC: Musings of a VC in NYC

Over the last few years, I’ve moved my internet life from web2 to web3 and rarely use any web2 services anymore. So I am starting a series called “I’ve Moved Onchain” to explain this journey to everyone and today’s opening post is about blogging, naturally. I’ve blogged at AVC.com for a very long time. I started out in September 2003 at avc.typepad.com but moved to avc.com a few years later.

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Gateway to Asia’s Tech Frontier: Hong Kong Science Park Sparks Innovation with Top Startups & Cutting-Edge Ventures

AsiaTechDaily

The Hong Kong Science and Technology Parks Corporation (HKSTP) stands as a beacon of innovation in the heart of Hong Kong, driving the region towards a future fueled by technology and entrepreneurship.

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Network for Teaching Entrepreneurship Honors Curtis “50 Cent” Jackson

American Entrepreneurship

Leadership Award presented at Awards Gala and Collaboration with G-Unity Foundation Announced Rapper Curtis “50 Cent” Jackson received the NFTE Entrepreneurial Leadership Award at the NFTE Entrepreneurial Spirit Awards gala on May 1st in New York City. Jackson was recognized for his success in the music industry and his other endeavors. Most prominent is the G-Unity Foundation he launched in 2003 which supports programs fostering conscious capitalism and promoting social and leadersh

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Influence Meets Innovation: How Founders and Cultural Leaders Can Work Together

Andreessen Horowitz

The Cultural Leadership Fund (CLF) team is often asked by portfolio founders how exactly cultural leaders can be a game-changing asset for their companies. On the flip side, athletes, entertainers, and C-level executives also ask what they should expect when investing in technology startups and working with founders looking to build the next big thing.

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4 Mindset Patterns Visionaries Use To Change The World

Entrepreneurs' Organization

Just a few years ago, I was a journalist making about US$80,000 year while working long, weird hours and trying to see my family as much as possible. After my job salary was cut on February 10, 2017, I had to quickly figure out a solution for success. Despite having zero business background, I started my first company on April 16, 2017. It’s been seven years, and I now run two global companies that partner exclusively with the world’s top visionaries, or those willing to do whatever it takes to

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What should VCs do with zombie companies?

David Teten VC

Inevitably, some of a VC’s portfolio companies will become “zombies”: not dead, but not growing. They have some technology and revenues, but morale is low. The CEO is hinting he’d like to get into VC or otherwise find a soft landing. Finding a buyer is difficult, because the company is not exciting to anyone, including even the founders. So what do you do?

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Brainfish Raises $3.85M to Accelerate Global Expansion of AI-powered Customer Support

AsiaTechDaily

Sydney-based startup Brainfish, specializing in AI-driven customer support solutions for online businesses, has successfully secured AUD 3.85 million (USD 2.5 million) in its second funding round.

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Invest In Women x Pittsburgh Founder Showcase scheduled for May 8, 2024 at Google Pittsburgh

American Entrepreneurship

May 3, 2024 – Pittsburgh, PA – Pittsburgh is home to companies not watching the future unfold but building it. Chloe Capital, a Movement-driven venture capital firm with a national investment lens, invites the Pittsburgh and Pennsylvania community to join us for our INVEST IN WOMEN x PITTSBURGH FOUNDER SHOWCASE ( InvestInWomenPittsburgh.eventbrite.com ) on Wednesday, May 8 from 5-7:30pm at Google Pittsburgh.

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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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To directors and advisors: “Noses in; fingers OUT!”

Berkonomics

Many of us have someone who reports directly to us and who supervises others in return. Well, this one is for you. And it is one of the most important lessons you can learn as a manager, board member, or advisor of a company or even a non-profit enterprise. Where did this statement come from? I first heard this in a governance seminar for a non-profit higher educational board upon which I sit, over 25 years ago.

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He Sold His Startup for $130 Million, Here’s What He Learned, and Questions to Ask When Considering Whether a New Job is a ‘Fit’ for You, Plus Other Great Reads [link blog]

Hunter Walk

More stuff for you to enjoy… AI generated image What I Learned Selling My Company [Harry Glaser/then: Periscope Data, now: Modelbit ] – Harry sold Periscope Data for $130m and is back building again with Modelbit , an ML engineering platform. Here he provides actionable advice for founders who are building long-lasting companies but know M&A might be the eventual, and successful, outcome.

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Can AI Advance Science? DeepMind’s VP of Science Weighs In

Andreessen Horowitz

In recent years, the AI landscape has seen huge advancements, from the release of Dall-E 2 in April 2022 to the emergence of AI music and video models in early 2024. While creative tools often steal the spotlight, AlphaFold 2 marked a groundbreaking AI breakthrough in biology in 2021. Since its release, this pioneering tool for predicting protein structures has been utilized by over 1.7 million scientists worldwide, influencing fields ranging from genomics to computational chemistry.

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GCUC Podcast Recap: Christine Wyckoff

GCUC

GCUC Podcast Recap: Christine Wyckoff In this episode of the GCUC podcast, Liz Elam and Christine Wyckoff, Director Enterprise Sales & Partnerships at Cushman & Wakefield dive into how.

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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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China Emerges as Global Tech Hub with 369 Unicorns Dominating AI and Semiconductor Sectors

AsiaTechDaily

China now has the title of the center for technological innovation, having a total of 369 unicorns, which are privately held startups valued at over $1 billion. According to a recent report, over 25% of these unicorns are involved in China’s artificial intelligence (AI) and semiconductor sectors.

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Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

American Entrepreneurship

NJ’s Strategic Innovation Center will support 100 new companies over next five years, generating at least 2,500 new jobs NEWARK, N.J. (May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark.

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[BioCatch in StartUp News] Permira to acquire majority position in BioCatch at $1.3bn valuation

OurCrowd

Permira Growth Opportunities Transaction builds on initial minority investment made in early 2023 to acquire a majority position and support BioCatch’s accelerated growth within online fraud detection and financial crime prevention Read more here.

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Interview with Joe Powers, Maine Venture Fund

The Seraf Compass

We interviewed Joe Powers from Maine Venture Fund, to get some tips and advice for people starting on their entrepreneurial journey.

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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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Securing the Software Supply Chain with LLMs

Andreessen Horowitz

In this episode of the AI + a16z podcast, Socket founder and CEO Feross Aboukhadijeh, and a16z partner Joel de la Garza, discuss the open-source software supply chain. Feross and Joel share their thoughts and insights on topics ranging from the recent xz Utils attack to how large language models can help overcome understaffed security teams and overwhelmed developers.

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Adjacency Matrix: How to expand after PMF

A Smart Bear: Longform

A simple workshop that evaluates new business ideas relative to your existing strengths -- the key to expanding without overreaching.

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Vietnamese Edtech Startup Prep Secures $7M in Series A Funding for Expansion

AsiaTechDaily

Vietnam-based edtech startup Prep, specializing in language learning and test preparation, has successfully secured US$7 million in Series A funding. Private equity and venture capital firm Northstar Ventures and global asset manager Cercano Management Asia jointly led the funding round. Prep’s latest financing round also included Touchstone Partners, East Ventures, and Saison Capital.

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NJEDA to Open Applications for the Next Cohort of the First-in-Nation Innovation Fellows Program

American Entrepreneurship

TRENTON, N.J. (May 3, 2024) – The New Jersey Economic Development Aut hority (NJEDA) is opening applications for the next cohort of the New Jersey Innovation Fellows (NJIF) Program on May 6 th , and is currently accepting questions from potential applicants. The NJIF Program supports entrepreneurs with income replacement grants, mentorship, and training to provide security in the early stages of start-up business creation.

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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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[Tailor Brands in StreetInsider] AI Takeover Looming? Don’t Worry, Tailor Brands Just Made Entrepreneurship Easy For You

OurCrowd

The post [Tailor Brands in StreetInsider] AI Takeover Looming? Don’t Worry, Tailor Brands Just Made Entrepreneurship Easy For You appeared first on OurCrowd Blog.

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Optimizing Your Recruitment Funnel: A Strategic Guide for CEOs

Mark MacLeod

Everything comes down to people. Every issue. Every opportunity. Unless you have a factory producing widgets, your people are your company. Your company is only as strong as your people. Building the strongest team that you can is one of […] The post Optimizing Your Recruitment Funnel: A Strategic Guide for CEOs appeared first on Mark MacLeod.

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Theory to code: Building the breakthrough zkVM Jolt

Andreessen Horowitz

Behind Jolt — the most performant zkVM to date — with its a16z crypto research and engineering team makers on the web3 with a16z podcast.

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Meet the PLACE Builders Fellows

Forward Cities

Developed in partnership with EcoMap, PLACE (Pava LaPere Award for Cultivating Ecosystems) Builders as an intensive, three-month fellowship program empowering change-makers to catalyze more equitable entrepreneurial ecosystems. Meet the fellows!

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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