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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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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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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20 Tips for Pitching New Business Ideas to Potential Investors

Startup Blogpost

20 Tips for Pitching New Business Ideas to Potential Investors To provide you with the best advice on pitching new business ideas to investors, we asked twenty CEOs, Founders, and other professionals for their top tips. From highlighting potential returns and problems to starting your pitch with the customer’s story, these leaders shared their insights on how to effectively present your business ideas to potential investors.

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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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When He Tried to Buy and Develop a Distressed Shopping Center in Baltimore, He Found an 80-Year-Old Legal Covenant That Banned Black Ownership. Here's What He Did Next.

Entrepreneur - Entrepreneurs Category

Lyneir Richardson, co-founder and CEO of Chicago TREND Corporation, discusses the company's efforts to accelerate economic development in urban neighborhoods.

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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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Coworking Megatrends 2024 – A new vertical emerges

GCUC

Coworking Megatrends 2024 – A new vertical emerges Before you begin, I recommend you have a look back at my megatrends from last year. It’s still pretty spot on if I do.

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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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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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What Role Do Partnerships Play in New Business Development?

Startup Blogpost

What Role Do Partnerships Play in New Business Development? To provide insights into the role of partnerships in new business development, we asked 13 CEOs and Founders for their expert advice. From collaborating for brand awareness and leads to sharing costs and growing with partnerships, discover the key strategies these leaders recommend for capitalizing on business partnerships.

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Strong Foundations: Venture Capital Legal and Accounting - Approaches, Tools and Software [Part II]

The Seraf Compass

In Part I of this article we discussed the major topics covered by the legal documents that set up a venture fund. Now let's address the limitations placed on investors in funds, governance standards, and key accounting issues.

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Product/Market Fit: Experience & Data

A Smart Bear: Longform

Companies that achieve Product/Market Fit -- both self-funded and VC-funded -- exhibit the same prototypical metrics curves and subjective experiences.

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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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Investing in Gate Bio

Andreessen Horowitz

“Everything is theoretically impossible, until it is done.” —Robert A. Heinlein, American science-fiction writer and aeronautical engineer Modern medicine is full of awe-inspiring progress, but also many humbling limitations. In the face of these limitations, innovators have consistently propelled entirely new classes of drugs from theoretical concepts that sound like total science fiction (vaccines, antibodies, genetic medicines to reprogram our cells, and more)—into the realm of safe and effec

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GCUC will take place in Salt Lake City in 2024

GCUC

GCUC will take place in Salt Lake City in 2024 GCUC Conference Announces Salt Lake City, Utah, as Host City for 2024 North American Conference The Global Coworking Unconference Conference (GCUC) is thrilled to.

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Candex lands $45M infusion to grow its procurement management business

TechCrunch

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and Edenred. The tranche brings Candex’s total […] © 2023 TechCrunch.

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The Software Industry's Productivity Boom: Analyzing Revenue per Employee Trends

Tomasz Tunguz

Recently, I was on the HR Heretics podcast and we talked about the increasing efficiency of software companies (in addition to other topics including the implications of AI for executives, how to diligence a candidate, & what board members expect of their people leaders). I realized It has been a decade since I’ve updated revenue-per-employee metrics.

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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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Board Dynamics - Making the Board Work for Founders

The Seraf Compass

There are reams of advice pieces out there warning startup CEOs that they must pick the perfect board. For early stage startups this advice is theoretically sound but practically useless. As early stage investors know, mature companies may be able to pick a dream board, but startups don’t have a lot of flexible slots open to allow for shaping. Advisors should coach that there are four basic aspects to hacking the board.

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Startup productivity in the age of AI: automate, deprecate, delegate (A.D.D.)

Jason Calacanis

Over the past decade, I invested in over 350 startups and watched up close as founders figured out how to do more with less. Startups, by their nature, are resource-constrained organizations when compared to the legacy businesses they are trying to displace. Thanks for reading Jason Calacanis on Startups! Subscribe for free to receive new posts and support my work.

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Clinical Copilots: Augmenting Human Care with Suchi Saria

Andreessen Horowitz

AI trailblazer Suchi Saria, PhD, in conversation with Vijay Pande, sheds light on the winding path that led her to launch Bayesian Health, a bold effort to infuse intelligence into clinical workflows. With infectious optimism, Suchi describes her vision to create “clinical copilots” that augment human capabilities and unburden care teams.

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2023 GCUC Conference Recap

GCUC

2023 GCUC Conference Recap A week ago, we hosted GCUC UK, the last of our global conference series for 2023. After completing four conferences, in four countries in.

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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