November, 2023

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19 Surprising Things You Don't Actually Need to Start a Business, According to Successful Entrepreneurs

Entrepreneur - Entrepreneurs Category

Don't have a ton of cash, an MBA, or even a plan? Don't let that stop you from launching, say these experts.

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How Much Does it Cost to Use an LLM?

Tomasz Tunguz

How much does AI cost? It depends on a a few different dimensions, but for a typical use case where a user enters a query & expects about a 200 word response, the cost varies from $0.03 to $3.60. Different models cost different amounts. Also, the size of the context window is an important factor. The context window is a fancy way of saying the quantity of background information the user can provide to the AI.

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Why you really DO need a technical co-founder

Y Combinator

As YC Group Partners, we’re consistently surprised that anyone looking to start a VC-funded tech company would need to be convinced they need a technical co-founder. The usual arguments are that no-code tools, part-time consultants, or dev shops can allow anyone with a business idea to start a tech startup and raise money. “New tools make starting a venture-funded tech company easy for anyone to do!

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The Advantage of Having Venture Backed Friends

This is going to be BIG.

I’ve made over 100 investments in my career and nearly half of those went into diverse teams. I’ll be the first to back up the notion that diverse founders have just as much ambition, drive, intellectual horsepower, creativity—you name it—than anyone else. In fact, you could make the argument that, because of their lack of advantages in other areas, the ones who make it to a venture pitch actually have more of these raw ingredients because they’ve had to in order to make it to the same destinati

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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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Seraf Toolbox: Capitalization Tables with Waterfall Analysis

The Seraf Compass

Have you ever been in a situation where you are negotiating an investment with an entrepreneur and you can’t agree on the pre-money valuation? Any early stage investor who makes more than one or two investments will certainly run into this issue. It’s never an easy discussion, so it helps if you are prepared ahead of time with concrete facts and figures for your recommended valuation.

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The One Question That Saved My Business

Entrepreneurs' Organization

“During this recession, a third of your businesses will die, a third will barely survive, and a third will thrive.” I heard this in an Entrepreneurs’ Organization Portland chapter monthly learning event with keynote speaker Mark Moses of Make Big Happen in 2008 at the beginning of the Great Recession. The room was laser-focused on what he had to say and let out a collective gasp as the reality of the statement hit the 60 business owners in the room.

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Hands, Head, and Heart: Professional Development Opportunities for those in Entrepreneurship-Led Economic Development and Ecosystem Building

Source Link

When I started this work almost 20 years ago, very few entrepreneurship-led economic development, much less ecosystem building, resources or institutions existed for early practitioners to be able to tap […]

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The Future of Music: How Generative AI Is Transforming the Music Industry

Andreessen Horowitz

It’s been an eventful year in the world of generative music. In April, the first viral AI cover dropped: ghostwriter’s “Heart on My Sleeve,” which woke up the music world to the fact that AI content could not only exist, but could be good. Soon after, Google unveiled MusicLM, a text-to-music tool that generates songs from a basic prompt; Paul McCartney used AI to extract John Lennon’s voice for a new Beatles track; and Grimes offered creators 50% of the royalties for streams of songs that used

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Level Setting and Career Goals for VCs: What level are Midas List VCs actually performing on?

This is going to be BIG.

I find level setting to be one of the most difficult things to do around any task or skill. Just how good is good? What are the best people accomplishing? How do you measure it? It comes up a lot with my coaching clients who aspire to be top VCs and are trying to figure out how to self-assess and goal set. I figured the best way to go about answering would be to ask the best of the best.

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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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Seraf Toolbox: Modeling Tool for an Early Stage Investment Portfolio

The Seraf Compass

One of the biggest challenges faced by early stage investors is to assemble a portfolio of investments that in aggregate return more than 2 times the original amount invested in the total portfolio. In the language of Venture Capital, the goal of a successful early stage investor is to achieve a Distributed to Paid-In (DPI) ratio greater than 2X. In other words, for every dollar you invest in your portfolio, you want to get two dollars back over time.

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The Art (and Science) of Building a Customer-Centric E-Commerce Brand

Revolution

Today’s e-commerce companies, faced with tightening advertising budgets and increased competition, are finding creative solutions to help personalize and gamify the customer experience. In this rapidly evolving landscape, having an intimate knowledge of your customer and leaning into lifestyle branding is more crucial for e-commerce brands than ever before.

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4 Benefits of a Branded Podcast and Why Now’s The Time to Launch Yours

Entrepreneurs' Organization

Is your company looking for creative ways to stand out and connect with your target audience? While traditional marketing methods and GTM (go-to-market) motions continue to be used, there’s a new strategy you can tap into — the branded podcast. Podcasts have a lot of upside for marketers. From leaping funnel stages with decision makers to creating mass quantities of compelling content, the branded podcast is following the growth path of the inbound blog toward a table-stakes position in an organ

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MYbank showcases digital solutions for SME financing at the Singapore Fintech Festival 2023

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register At the Singapore Fintech Festival (SFF) on November 16, 2023. MYbank, a leading internet bank in China and an associate of Ant Group , showcased digital solutions with the goal of improving accessibility to financial services for small and micro-sized enterprises (SMEs) and the agricultural sector.

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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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AI: The Teammate Clinicians Need

Andreessen Horowitz

Our healthcare workers need our help. Our clinicians are burned out. After the Covid-19 pandemic, only 57% of physicians said they would choose the field of medicine again. Another recent study reported nurse burnout rates higher than 50%. Our clinicians are battling mental illness. Approximately 10% of physicians have reported having thoughts of suicide, and physicians have one of the highest rates of suicide of any profession.

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Why It's Good to Be Transactional

This is going to be BIG.

When people describe what they hate about networking, they often use the word “transactional” in a negative way. No one likes to sell or be sold anything—or to be only valued for your ability to exchange goods and services right there on the spot. That, however, is a very privileged perspective on time. People who can take the time to “get to know each other” without demanding anything right off the bat have both extra time and also enough stability in their lives to be able to forgo short term

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Making Northcentral PA the Global Center for Advanced Pressed Materials

Ben Franklin Technology Partners

In an era of technological advancement and economic transformation, Northcentral Pennsylvania finds itself at the forefront of a remarkable development. The North Central Regional Planning and Development Commission , based in Ridgway, PA, along with partners Ben Franklin Technology Partners of Central and Northern Pennsylvania, Penn State DuBois , and the University of Pittsburgh at Bradford , has secured a $400,000 Strategic Development Grant from the US Economic Development Administration (ED

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How Inversion Art is trying to become the Y Combinator of the arts world

TechCrunch

What if a little bit of investment, a splash of mentoring and practical support, a slew of introductions, and a whole lot of belief could be used to help artists with their careers? © 2023 TechCrunch. All rights reserved. For personal use only.

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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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8 Tips To Navigate Cancel Culture So Your Business Survives

Entrepreneurs' Organization

Contributed to EO by Eden Gillott, an EO Los Angeles member who is president of Gillott Communications , a strategic communications and crisis PR firm. She’s the author of A Business Owner’s Guide to Crisis PR: Protecting You & Your Business’ Reputation , and serves the EO Los Angeles chapter as MarComm co-chair. We asked Eden how to protect your company from being cancelled.

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Japan’s SBI Holdings Launches $663M Fund for Web3, AI, and Metaverse Startups

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Japanese financial giant SBI Holdings is set to unveil a $663 million fund dedicated to supporting startups engaged in Web3, AI, and the Metaverse. The fund’s operations are scheduled to commence by the close of the current year, with investments reaching 150-200 companies within its portfolio.

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Outclassed: The Battle for Therapeutic Market Share

Andreessen Horowitz

We are firmly in the century of biology. The last two decades have seen explosive advancement in biomedical and therapeutic innovations, like the Human Genome Project , the discovery of CRISPR , and the rapid development of Covid-19 mRNA vaccines, to name a few. This rapid innovation has been fueled by an unprecedented amount of investment. Despite the recent slowdown, venture capital investment in the biotech sector in the US ballooned to nearly $25 billion in 2022 from just under $4 billion in

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Rob Williams and Mark Burdette earn the International Economic Development Council Entrepreneurship Development Professional (EDP) Credential

Source Link

Kansas City, MO – November 6, 2023 – SourceLink℠ is pleased to offer congratulations to all the International Development Council’s (IEDC) 2023 Entrepreneurship Development Professional (EDP) credential recipients, including SourceLink’s […]

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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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Interviewed on Swift Podcast

Paul G. Silva

Jeremy Lam kindly interviewed me for the Swif podcast. We discussed the work PixelEdge does to help business services firms increase their EBITDA and disrupt competitors.

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Innovation or folly? The Cybertruck will test whether anyone still trusts Tesla

TechCrunch

The Tesla Cybertruck, the first of which will be delivered Thursday four years after its debut, is loved and loathed. For fans, it’s a symbol for what Tesla and its CEO Elon Musk stand for: creativity, irreverence, rebellion. Others see it as an act of hubris. It could be both. Either way, the stakes are […] © 2023 TechCrunch. All rights reserved.

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When Your Brand Takes a Hit: How To Make a Swift Recovery

Entrepreneurs' Organization

Contributed to EO by Eden Gillott, an EO Los Angeles member who is president of Gillott Communications , a strategic communications and crisis PR firm. She’s the author of A Business Owner’s Guide to Crisis PR: Protecting You & Your Business’ Reputation , and serves the EO Los Angeles chapter as MarComm co-chair. We asked Eden how to tackle a PR crisis that’s thrust upon your company by external forces.

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Authentick Secures $4 Million in Seed Funding for Wallet-Free NFT Experience

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Authentick has raised a seed funding round that has brought $4 million in capital to the table. The funding was led by Menyala, the venture-building platform associated with Singapore’s Temasek. Authentick also introduced its NFT platform, Authentickator, designed to simplify the experience of exploring, purchasing, and authenticating digital collectibles or non-fungible tokens

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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