August, 2021

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. Most of these startups spend the lion’s share of their marketing budget in today’s social media channels: Facebook, Twitter, Reddit, Snap, TikTok and so on because?—?no surprise?—?that’s where the customers are.

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Is the 9-to-5 workday dead? What employees seek in return-to-office plans

Entrepreneurs' Organization

What do employees want in returning to the office? . Business owners often assume they know what their employees want due to a dangerous judgment error termed the false consensus effect. This problematic mental blindspot causes us to perceive others—especially teammates—as sharing our beliefs. That’s often not the case. The false consensus effect is one of over 100 misleading mental patterns that researchers in behavioral economics and cognitive neuroscience call cognitive biases.

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The Opening

A VC: Musings of a VC in NYC

I like to think of investing in new things a bit like a football running play. Imagine you are the running back. You’ve been handed the football and you are looking for a hole to open up and run through. What you really want is some running room beyond the opening. We’ve known for a while that crypto is the next big tech architecture. We’ve known that once the wave breaks on the shore, there will be enormous opportunities unleashed.

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Will Anyone Care? Building an Exit Strategy

The Seraf Compass

Early stage investors might not view it this way, but… until a company has some form of financial exit (e.g. acquisition or IPO), you are really more like a donor than an investor! Think of it this way: since there is no liquidity in early stage company stock, you can’t sell the stock and recoup any of your original investment. You’re stuck with stock that, for all intents and purposes, has no financial value that you can monetize.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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opening the pipeline for assistive technology

Venture Well

We explore ways faculty can collaborate with a university’s technology transfer office to support the commercialization of assistive technology innovation. The post opening the pipeline for assistive technology appeared first on VentureWell.

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Why You Need a Business Mentor (and Where You Can Find One)

StartupNation

Mattie Mae Larson has a growing business in Hawaii turning trash into treasure. Her company, Upcycle Hawaii, creates wallets, zipper pouches, bookmarks, beach totes and a plethora of other products. All of Upcycle Hawaii’s items are made from post-consumer waste diverted from local landfills. While her business has been built with blood, sweat and tears, she also shares another secret to her success: her business mentor.

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Simon Says: Have “The Talk” with your parents

Entrepreneurs' Organization

Contributed to EO by Saul Simon, a certified financial planner, a registered representative of Lincoln Financial Advisors and founder of Simon Financial Group. This article is the second in a series of three about having “The Talk” with your business partners , parents and adult children. As we get older and hopefully wiser, more responsibilities fall upon us.

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VC Investor Relations

A VC: Musings of a VC in NYC

I realized a long time ago that the VC’s customer is the founder/CEO/portfolio company and that our investors (called LPs in VC speak) are our “shareholders” That was a very defining moment for me and has clarified what matters the most in a VC firm. That said, we take investor relations very seriously at USV and always have. This is our model: 1/ We are loyal to our LPs and offer them the opportunity to invest with us fund after fund after fund unless something has materially

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Every Team Needs A Coach: Managing the Deal Process

The Seraf Compass

Not everyone is cut out to lead a deal. In our experience, it takes a certain temperament and set of people skills to lead a bunch of peer volunteers. There are many successful investors who cringe at the phrase, “managing the process.” Managing is the last thing they see themselves doing. The good news is that early stage investing seems to attract a lot of people who are motivated, take-charge people who are looking to help out and give back.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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how MedTech Challenge helped VaccineOnWheels roll out COVID-19 vaccines in India

Venture Well

When Jignesh Patel launched his mobile vaccination service, VaccineOnWheels, the idea that it could soon help address India’s spreading COVID-19 pandemic was not part of. The post how MedTech Challenge helped VaccineOnWheels roll out COVID-19 vaccines in India appeared first on VentureWell.

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Felt raised $4.5 million to get you to ‘think in maps’

TechCrunch

From vaccine distribution plans to fire trackers to bar crawls for your best friend’s birthday, maps help people visualize space and express impact. And Felt, a new Oakland-based startup co-founded by Sam Hashemi and Can Duruk , is on a mission to make the medium more mainstream. Felt is a collaborative software company that wants to make it easier for people to build maps on the internet.

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The Best Coworking Spaces in Detroit for Your Hybrid Work Model

StartupNation

Many companies are emerging from the COVID-19 pandemic with a hybrid work model, meaning some employees will return to the office at least part-time, but others will collaborate remotely. Navigating what this working plan actually looks like can be tricky. When — and where — can your team get together? Coworking spaces support hybrid work models in a variety of ways.

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Where there’s a will, there’s a way: My journey setting up a Covid ward in India

Entrepreneurs' Organization

Contributed by Saravanakumar Periyasamy of EO Oman, director of Zawawi Powertech Engineering. In 2019, he became the director of Frontier Lifeline Hospital in Chennai, India. My journey begins. In 2019, I was sent to Chennai, India, as part of the team assigned to turn around a once prominent, now ailing, hospital brand in South India. Personally, transitioning from the oil, gas and energy industry to the healthcare realm alone was a significant adjustment.

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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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The Next Big Thing. How Can You Leverage the Future for Your Business?

Smart Hustle Magazine

As a small business owner, taking your startup to the next level involves many growth strategies. Whether it’s expansion or building your customer base, small business growth takes time, effort, and dedication. . But, let’s face it. Scaling your business is challenging. . Are you starting a business or at the stage where your business plans need a boost?

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How to Create Content that Guarantees Conversion

Entrepreneur's Handbook

7 steps to help you get better results from your marketing. Photo: Nick Morrison/Unsplash I have worked in digital marketing for the last fifteen years, and I also coach new business owners, so I notice a lot of mistakes entrepreneurs make when creating content. New business owners are usually quite skilled at whatever service they provide but they struggle with the marketing side of things and have trouble creating content that clearly explains what they do and helps them sell their services.

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Venture Debt 101: Basics and Approach

Y Combinator

In this guide, YC Managing Director Jon Levy talks about venture debt. He covers what it is, walks through some of its benefits and risks, and gives advice on how to approach the process of taking on venture debt. He also highlights Brex’s newly launched venture debt offering. Brex is a YC portfolio company that provides an all-in-one finance solution to their customers.

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John Deere buys autonomous tractor startup Bear Flag Robotics

TechCrunch

In the world of robotic startups, acquisition is often as good an outcome as any. And when it comes to robotic tractor startups, you could do worse than being acquired by John Deere. The agricultural technology giant announced today that it’s set to acquire Bear Flag Robotics for $250 million. The Bay Area-based firm, which specializes in autonomous farming heavy machinery, was founded in 2017.

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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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How to Use CRM and Marketing Automation to Improve Your Scalability

StartupNation

Automation has become a business essential. For entrepreneurs looking to grow their business, the question always is, “How can I work smarter, not harder?” That’s where the power of marketing automation and your customer relationship management (CRM) comes into play. With such high demand to cut down on costs while increasing profitability, businesses are turning to automation as a means to keep the engine running while focusing strategic brainpower on more revenue-generating activities.

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5 Steps to prepare your business for a cashless future

Entrepreneurs' Organization

With the advent of technological innovations, including dedicated servers and cloud hosting, businesses of all shapes and sizes are shifting to a more digital way of working. From international companies to locally owned small businesses, the landscape of how business is done has been gradually changing for some time now. One of the most significant changes—hastened by the global pandemic where contactless payments gained traction—is the switch from cash-in-hand transactions to cashless.

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The Secret to Recruiting Quickly and Retaining Your People

Tomasz Tunguz

There’s a simple secret to hiring quickly and building a strong team. Invest in great managers early. Let’s compare the organizational chart of two different startups. On the left, the startup is flat. There is a single leader, with a handful of individual contributors. On the right, the company structure is a classic hierarchy. When startups start, they tend to look like the company on the left.

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5 Ways to Encourage More Women Into Careers in VC

Entrepreneur's Handbook

5 Ways to Encourage More Women Into Careers in Venture Capital It’s time to tear open the seemingly impenetrable ‘old boys’ network It’s no secret that founders seek out investors who value diversity and recognize the success that comes from having diverse teams. However, the question of how to make this a reality remains unanswered. What can we do to attract more women investors, and to change the types of startups, products, and services that are funded?

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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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BEN FRANKLIN PORTFOLIO COMPANY IS “SAVING LIVES AND LIMBS” USING ULTRASOUND TECHNOLOGY!

Ben Franklin Technology Partners

ERIE, PA – In 2020, when Dr. Jeffrey Vaitekunas made his investment pitch presentation to Ben Franklin Technology Partners, he began with some very somber facts. “Every year, more people die from blood clots than from breast cancer and traffic accidents combined. The products currently on the market only work for five minutes at a time, often require an overnight hospital stay, and can create internal tissue damage. “.

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Arianna Simpson of a16z on Yield Guild Games, the firm’s newest bet on crypto + gaming

TechCrunch

As one of four general partners at Andreessen Horowitz who are investing the venture firm’s new $2.2 billion crypto fund, Arianna Simpson is very focused on how to return that capital and much more to the firm’s limited partners. Toward that end, she has been more focused of late on startups that combine crypto with gaming. Last month, for example, her team co-led an investment in Virtually Human Studio , the startup behind a digital horse racing service Zed Run, wherein users buy, s

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7 Creative Financing Options for New Businesses and Startups

StartupNation

It takes money to make money. But financing isn’t always easy — especially if you’re the proud founder of a brand new business. Traditional banks and financial institutions set a high bar for borrowers. They want to see years in business, consistent revenue and excellent credit scores, and those are things that most new businesses just don’t have.

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Unemployable: 5 Realizations from my entrepreneurial journey

Entrepreneurs' Organization

Contributed by Lauren Messiah, former president of EO Los Angeles, and the founder and CEO of Lauren Messiah Inc. She currently serves EO as president of EO OneWorld , a virtual membership platform with the goal of creating a more socially conscious, culturally diverse and inclusive experience for all EO members. Because a diverse EO is a strong EO.

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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