Startup Catalyst
JUNE 21, 2018
In June we conducted our third annual mission to London for London Tech Week. 16 participants from Queensland, South Australia, and New South Wales took part in the week long mission, with a total of 25 official events, meetings and tours, and another dozen private meetings organised by participants, as well as other events from the London Tech Week schedule.
Smart Hustle Magazine
JUNE 21, 2018
At SuiteWorld 2018, NetSuite's annual event for partners and customers, I interviewed Jim McGeever (President, NetSuite) & Jason Maynard (SVP Marketing, NetSuite). The big question I had was, when is it time to use (or invest in) an ERP platform such as NetSuite. Watch our interview and read the full summary below. As early as possible, advised, Jim and Jason.
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Tomasz Tunguz
JUNE 20, 2018
Earlier this week, Redpoint announced its 7th stage fund of $400M. Over the past 10 years that I’ve been Redpoint, I have seen our firm learn, evolve and grow in many different ways - important ways - that fill me with gratitude and pride. First, we have and will continue to plant trees we will not see. Our founders who started the firm about 20 years ago built the firm to endure for decades.
Both Sides of the Table
JUNE 22, 2018
There are times to fight. No great startup has been built without getting one’s knuckles bloody at times. This is especially true because incumbents now know how much is at stake when they let a startup get a huge head start in a market. So if you’re in a battle, if you’re right, if you feel confident you can win and importantly if the prize for winning is worth the fight?
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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?
This is going to be BIG.
JUNE 17, 2018
Powered by OpenReel Building a relationship with an investor, someone who is drowning in pitches and requests for their time, can be difficult. How do you cut through the noise? In this video, I share three ideas for kicking off a relationship with an investor you don't know.
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
Berkonomics
JUNE 21, 2018
Close. How much risk you and your company are willing and able to tolerate over time? Most people believe that early stage companies should take risks aggressively because there is less to lose and much more to gain with each risky bet or decision. Common thinking goes on to address large, public corporations by expressing that the relative tolerance to risk is decreased, in favor of protecting the brand or financial health of the enterprise.
Haystack
JUNE 22, 2018
I heard this line this past week, and it’s been like a catchy lyric playing over and over again inside my head: “ Their profile is ahead of their proof.” Written another way, when Profile > Proof. It could apply to a company, a startup, a venture fund, and of course, an individual. And it reminded me the profile of any of these entities can be built up, pumped up, and broadcast widely for not much money or effort.
Smart Hustle Magazine
JUNE 19, 2018
Recently, Ramon Ray was speaking at the NY Public Library. One of the attendees, a DJ, shared that he needed $8,000 in funding to start his business and asked Ramon for advice. Ramon cautioned that instead of seeking $8,000 in funding, the DJ should focus first on SELLING more of his DJ services. He can save the money to start the next phase of his business or wait until his business grows more.
Entrepreneurs' Organization
JUNE 20, 2018
Written for EO by David Disiere , founder and CEO of QEO Insurance Group. Mark Zuckerberg holds a degree from Harvard, yet he credits his business acumen to his side projects. He’s touting what science has proven: What happens in your off time can have a direct correlation to your professional performance. My hobby is car collecting. I track down vintage, historically relevant European and mid-century automobiles.
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Tomasz Tunguz
JUNE 17, 2018
Imagine you come across three builders working on the same project. You ask each the same question: what are you working on? The first says, “I lay one brick after the other.” The second says, “I’m building a wall.” The third, “I’m erecting a cathedral.” What is the moral of this aphorism? I see two. The first is to keep the greater vision of our work in mind.
Both Sides of the Table
JUNE 18, 2018
For Father’s Day I was watching the most heartfelt movies I’ve seen in a long time, “Won’t You Be My Neighbor.” It is a movie that will both lift you up with the possibilities of how much of an individual person can have a positive impact on masses of people as well as challenge you about what you’re doing to make the world a slightly better place. It is a movie that will have you laughing raucously and sniffling uncontrollably in joy and sorrow.
Smart Hustle Magazine
JUNE 21, 2018
Instagram is now allowing long form video, through IGTV it's new app. Instead of one minute video, all 1 billion of us can now do 10 minute video or even longer for many creators. This sounds good. But here's why it's bad. The one minute video limit on Instagram has helped many of us to be concise and to the point. We really choose our words carefully, just like Twitters (former) 140 character limit.
Entrepreneurs' Organization
JUNE 17, 2018
Written for EO by Anand Srinivas. Instagram is a social media behemoth with more than 800 million active users every month. Recent surveys show that nearly 80% of Instagram users follow at least one business. Close to 82% of U.S. brands are expected to be on Instagram by the end of 2018. All this spells opportunity for entrepreneurs. The success of your Instagram marketing campaign depends on the level of engagement you provide to your followers.
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Smart Hustle Magazine
JUNE 20, 2018
MoviePass has a movie subscription service for $10 a month. AMC just launched one that's $20 a month. AMC is probably at a profitable price point while MoviePass is losing money and most likely will be out of business soon. Having said that, there's another lesson. MoviePass launched a low margin service for the masses. As a business owner, for MOST of us, don't offer low margin services (or products) for the masses.
Smart Hustle Magazine
JUNE 19, 2018
Jonathan Kinas co-founded Aquavault after he and his buddies had their valuables stolen off a beach. He was a contestant on Shark Tank and Smart Hustle's Ramon Ray (LINK) caught up with him to get his insights and tips. One of the challenges Aqauvault faced early on was when to launch. This is a common dilemma. Often we want things to be perfect, but they can never be perfect.
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