October, 2021

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NYC’s Tech Resurgence (continued)

A VC: Musings of a VC in NYC

A few weeks ago, I wrote about NYC’s Tech Resurgence. I observed that NYC continues to develop as one of the world’s leading centers of tech innovation. And then yesterday, I saw this tweet : NYC startups are getting funded at 2/3 the rate of Silicon Valley startups. That’s a huge change from where NYC was even two or three years ago.

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How my 15-year side hustle became my lifelong dream

Entrepreneurs' Organization

Contributed by Maurice Thomas, an EO South Florida member who is one of the Champions of the new EO OneWorld initiative, a membership platform affiliated with EO’s New York chapter which believes that a diverse EO is a stronger EO. EO OneWorld will add value to EO by attracting more EO members from the Black, Hispanic/Latino(a)(x), Asian and LGBTQIA+ entrepreneurial communities.

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The Fine Print - Deal Terms and Payoff

The Seraf Compass

As the diligence process proceeds towards conclusion, thoughts naturally turn to the terms of the deal. Regardless of whether there is an existing term sheet to review, or a need to negotiate and establish a set of terms for the deal, thought needs to be given to the terms of the deal. Just like the various risks reviewed in diligence, deal terms can have a huge impact on the outcome of an investment.

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infusing sustainability into sports product design: a q&a with Dr. Susan Sokolowski of University of Oregon

Venture Well

Through sustainable sports product design, Dr. Susan Sokolowski helps students create innovations that can protect the environment and transform the sports industry. The post infusing sustainability into sports product design: a q&a with Dr. Susan Sokolowski of University of Oregon appeared first on VentureWell.

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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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Heart to Heart raises $750K to bring sweet, sweet flirtation to your ear holes

TechCrunch

Radio has long been described as the most intimate of media. Quips about putting radio on the internet aside, the persistent popularity of podcasting and the cockamamie climb of Clubhouse shows that audio-based platforms will continue to echo around the upper echelons of the ecosystem for a while yet. Joining the fray is Heart to Heart , an audio-first dating app aiming to bring back some intimacy to the process of finding the right person for your next foray, whether that’s a saucy encoun

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Startups Galore

A VC: Musings of a VC in NYC

When you look at the recent Q3 numbers on seed and early-stage VC fundraising, you might think we are in the late stages of a VC bubble: The words I would use to describe the current environment in early-stage VC are “fast and furious.” And yet the thing that makes me think this could be the new normal and not the late stages of a bubble is the dramatic increase in the number of people who are choosing to work in or form new startups.

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My Pandemic Pivot: From 0 to 130

Entrepreneurs' Organization

Contributed by Amanda Ma, founder and CEO of Innovate Marketing Group and EO Los Angeles member. As entrepreneurs, we go through ups and downs all the time. These ups and downs impact us deeply because we are so close to and personally invested in our businesses. I am an avid entrepreneur and have now been in the events industry for 15 years. In March 2020 when the pandemic hit and the US shut down, the events industry was completely disrupted.

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What Small Businesses Can Do to Thwart the Top 5 Cybersecurity Threats

StartupNation

It’s a common misconception that large corporations are the only ones at risk for cyberattacks. People believe that businesses too small should not worry about cybersecurity. Unfortunately, this is not the case. As cyberattacks are now automated, it’s easier for cyber terrorists to target thousands of businesses at once. Small businesses often have less technical knowledge when it comes to these threats.

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Digital Marketing: Can AI Give Your Business the Breathing Space It Needs?

Smart Hustle Magazine

By Wynn Corliss, Chief Operating Officer at Metigy. Around the US, businesses are turning to digital marketing to connect with their increasingly digital audiences. Providing intimate access to customers, digital marketing, utilizing social media, offers a cost-effective way for brands to connect with consumers. With the rise of data-led marketing and artificial intelligence (AI) within digital strategies, the benefits have never been clearer.

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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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TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing

TechCrunch

Organizations that have made the leap into using big data to drive their business are increasingly looking for better, more efficient ways to share data with others without compromising privacy and data protection laws, and that is ushering in a rush of technologists building a number of new approaches to fill that need. In the latest development, a startup called TripleBlind — which has devised a way to encrypt data so that it can be shared without ever being decrypted or even leaving the

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GitLab from YC to IPO

Y Combinator

We want to congratulate Sid Sijbrandij, Dmitriy Zaporozhets, and the entire GitLab Inc. team on today’s IPO! GitLab Inc., from YC’s Winter 2015 batch, is YC’s first open-source company to go public, the first alum of the YC Growth Program to go public, and one of the earliest investments made by the YC Continuity Fund. GitLab Inc. is one of the most innovative companies to participate in YC’s programs.

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Web3 vs Web2

A VC: Musings of a VC in NYC

Now that we are beginning to see what consumer applications are like in the decentralized web (web3), it is interesting to compare that to what consumer applications are like in the centralized web (web2). It became clear early in the 2000s that the big opportunity in the web would be to build large networks of engaged users. That was USV’s initial web2 thesis: USV in 140 characters: invest in large networks of engaged users, differentiated by user experience, and defensible though network

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3 Action steps to bake DEI into your organization’s culture

Entrepreneurs' Organization

Contributed by Bryan Adams , the CEO and founder of Ph.Creative , a global employer branding agency. He is a prominent employer brand thought leader as well as an author , podcaster and speaker. They say good things come in threes; diversity, equity and inclusion are no exception. While you rarely hear about one without the others, conflating them would be a mistake.

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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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How to Fix a Racially Biased Venture Capital Model and Commit to Diversity in Entrepreneurship

StartupNation

In the wake of the murder of George Floyd and nationwide protests, venture capital firms are making newfound commitments to invest in, or at least evaluate, potential investments that are led by diverse founders. Although commitments such as SoftBank’s $100 million fund to support people of color may seem like a leap forward, when we consider the $120 billion of dry powder (available funds remaining to invest) that the industry saw in mid-2019, these proclamations are merely a drop in the bucket

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How Small and Medium-sized Businesses Can Transition Into a Hybrid Workforce with Ease

Smart Hustle Magazine

By Eric Yu, Lenovo’s Senior Vice President and General Manager. Remote work is becoming a prevalent norm for the future. In fact, according to a recent Lenovo study , 60 percent of small to medium-sized business (SMB) employees prefer working from home some of the time. The study also says, 70 percent of employees think work flexibility makes them more satisfied with their job.

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Tiger Global backs African fintech Mono in $15M Series A round

TechCrunch

Mono , an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round, the company confirmed to TechCrunch today. The round, led by Tiger Global — the VC firm’s third major investment in Africa this year after Flutterwave and FairMoney — also had participation from new investors Target Global (an investor in neobank Kuda), General Catalyst, and SBI Investment.

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Tesla Has Made Elon Rich, but What Happened to the Actual Founders?

Entrepreneur's Handbook

They accused Musk of attempting to “rewrite history” Continue reading on Entrepreneur's Handbook ».

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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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WINNERS ANNOUNCED IN BEN FRANKLIN’S BIG IDEA CONTEST!

Ben Franklin Technology Partners

Over the course of the summer, hundreds of people located in Ben Franklin’s 32-county footprint in Pennsylvania, visited BIGIDEA.BenFranklin.org to check out the rules and the easy application process for our $50,000 innovation contest. On October 14, 2021 beginning at 2:00 PM, the eight finalists competed virtually via Zoom. They made their presentations to a panel of independent judges from CARGAS, Perceptive Automata, EG Associates Group, Sheetz, and Erie Insurance.

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5 Ways brands can play to win on TikTok

Entrepreneurs' Organization

Contributed by Evan Horowitz, an EO Los Angeles member and a recent guest on EO Wonder podcast. Evan is the CEO and co-founder of Movers+Shakers , a creative agency with a mission to “spread joy by connecting brands to culture.” We asked Evan how brands can leverage the TikTok platform. Here’s what he shared: There’s no denying that TikTok is one of the fastest-growing and most widely used apps today.

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Safeguard your business with cybersecurity

StartupNation

Cybersecurity is an industry on the rise given the ever-evolving online era we’re living in. With sensitive personal and business information being stored on mobile phones, apps, and across the internet, now more than ever it’s important to protect you and your business from cyberattacks. Learn why you should be investing in cybersecurity for 2021 in this article.

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Why Your Company May Be Failing at Team Building

Smart Hustle Magazine

By Les Pardew, founder of Mystery Escape Room. Many businesses are struggling to find the best way to move forward as some employees return to the workplace while others will continue to work at home or a combination of both. A Gartner Inc. survey finds one-third of business leaders are most concerned with maintaining corporate culture while 13% worry about providing parity between the remote and in-office workers.

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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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From $0 in revenue to a $7.25B valuation: Why TripActions’ $275M raise has fintech to thank

TechCrunch

Prior to the COVID-19 pandemic, TripActions was primarily known for merging many aspects of corporate trip booking — flights, hotels and rental cars — with expense tracking. But Palo Alto-based TripActions was among the startups that was hit very hard by the COVID-19 pandemic. In fact, the global crisis resulted in its revenue dropping to $0, according to CEO and co-founder Ariel Cohen.

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How Oleg and Andrew Made It Big in the Data Industry in Time of Crisis

Entrepreneur's Handbook

Every cloud has a silver lining. With a bit of creativity, you can transform a crisis into an opportunity. Continue reading on Entrepreneur's Handbook ».

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What do people want in a co-founder?

Y Combinator

YC launched a co-founder matching platform about 3 months ago. There are now 16,000 co-founder profiles on the platform. Potential co-founders have sent 130,000 matching invites through the platform, and, with a 25% acceptance rate, we’ve seen a total of 33,000 matches. We now have enough data to identify some interesting trends among our co-founder profiles and matches.

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14 Strategic questions to ask during an internal communications crisis

Entrepreneurs' Organization

Contributed by Eden Gillott, an EO Accelerator participant in Los Angeles. As president of Gillott Communications , a strategic and crisis communications firm, Eden helps companies protect reputations and build trust. We asked Eden how she guides companies to navigate difficult internal communications challenges and minimize brand damage. Here’s what she shared: As entrepreneurs, we enjoy spending our time building.

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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