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Excited about hackNY’s funding and growth

This is going to be BIG.

Back at the end of 2008, when the economy was in the tank, and funding was tough to come by, NYC Seed, a small local fund with some government and local academic backing supported my startup, Path 101. That additional financing enabled Hilary Mason, our Chief Scientist at the time, to fully commit to moving to NYC.

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It’s Morning in Venture Capital

Both Sides of the Table

Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. Try charging customers for your product when you have 12 competitors giving the product away free finances by $20 million of VC. The Exit Problem.

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Paystand banks $50M to make B2B payments cashless and with no fees

TechCrunch

The Scotts Valley, California-based company is using cloud technology and the Ethereum blockchain as the engine for its Paystand Bank Network that enables business-to-business payments with zero fees. During the 2008 economic downturn, Almond’s family lost their home. I’ve wanted something like this to exist for 20 years,” Almond said.

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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

The company based in Lagos, Nigeria, was founded by Emeka Emetarom , Obi Emetarom and Wale Onawunmi in 2008. One clear differentiator is that the company functions as an enabler (at payment rails and the core infrastructure) within banking and payments. This is where Appzone has found its sweet spot. ” Image Credits: Appzone.

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Thai healthcare, surgery marketplace HD raises $6m in funding

AsiaTechDaily

With low utilization rates across private hospital infrastructure, this ‘Airbnb for Surgeries’ solution enables HD to help both healthcare providers as well as patients. HDcare works with healthcare providers – many already on the HDmall platform – to increase utilization of hospitals’ and clinics’ operating room capacities.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

From 2007 to 2011, during which the Great Recession of 2008-09 took place, the construction industry lost approximately 2 million workers. AI has also begun to play a bigger role in the construction supply chain, production scheduling, labor management, insurance and financing, risk assessment etc.

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Not Taking Risks Is the Riskiest Career Move of All

Entrepreneurs' Organization

In a review of MBA students, the study found about 36 percent of females chose a risky career in finance (like investment banking or trading), compared to 57 percent of their male counterparts. Risk is what enables you to innovate yourself—to get better and grow.