Sat.Apr 04, 2020 - Fri.Apr 10, 2020

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How to Come up With Great Ideas

Paul G. Silva

If your startup/organization/team struggles with ideation (the process of coming up with ideas), you fall into one of two camps: Those who struggle to come up with any ideas. Those who come up with plenty of ideas but struggle to identify which ones are worth pursuing. What follows is a step-by-step guide for solving both problems. The Short Version.

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How to Fix Broken Communications During a Crisis

Entrepreneurs' Organization

Contributed by Eden Gillott, the president of Gillott Communications , a crisis PR and bankruptcy communications firm. . Flooded with emails from companies you forgot even existed or don’t remember opting-in for? Hearing lots of gossip about what’s happening? You’re not alone. In the past few weeks, our inboxes have been overwhelmed with crisis communications that are entirely off the mark.

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. We have been advising a lot of entrepreneurs so I thought I’d “open source” some of the advice I have been sharing. I am not claiming to be the world expert on this.

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Dreamit Ventures Announces Spring 2020 Cohort, Kicks Off Its First Fully Virtual Program

Dream It

The venture fund launched a completely virtual program with a focus on helping 13 Urbantech, Healthtech, and Securetech startups with business development, customer growth, and capital raising in a time of economic uncertainty. Dreamit Ventures , an early-stage venture fund and growth-focused program for startups with early product-market fit, announced its latest batch of startups and kicked off its completely virtual Securetech, Urbantech, and Healthtech programs.

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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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Masks4All

A VC: Musings of a VC in NYC

A couple of weeks ago, I saw this tweet by my partner Albert: Must read thread on #Masks4All #covid19 [link] — Albert Wenger ????? (@albertwenger) March 28, 2020. I clicked on the underlying tweet thread and learned that some countries have adopted an approach where everyone wears face masks when they are out and about. That way, if you are infected and don’t know it, you won’t spread the virus to others.

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empowering tomorrow’s entrepreneurs: q&a with Kenneth McLeod from Binghamton University, SUNY

Venture Well

We continue our series highlighting educators within the VentureWell network who are doing good work—faculty members who are catalyzing change in higher education and inspiring. The post empowering tomorrow’s entrepreneurs: q&a with Kenneth McLeod from Binghamton University, SUNY appeared first on VentureWell.

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Important Updates for Startups on the PPP and the CARES Act

Dream It

Friday, April 3 was supposed to be the orderly launch of the CARES Act Paycheck Protection Program (PPP) providing $349B of urgently needed funding to struggling startups and small businesses. Last Friday was anything but orderly. After PPP is finished, I don't think bankers in the US will ever again acknowledge the letter P as a letter in the alphabet. — samir kaji (@Samirkaji) April 7, 2020 To guide startups through the confusion, Dreamit interviewed three leaders helping startups se

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The Internet

A VC: Musings of a VC in NYC

I linked to a post by Cloudflare CEO Matthew Prince the other day. In it , he wrote: The super heroes of this crisis are clearly the medical professionals at the front lines saving people’s lives and the scientists searching for a cure. But the faithful sidekick that’s helping us get through this crisis — still connected to our friends, loved ones, and, for those of us fortunate enough to be able to continue work from home, our jobs — is the Internet.

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Startup Discovery: Disruption in Climate Change

UBI Global

Purpose-driven Entrepreneurship and Climate Change Startups from the World Benchmark Report 2019 – 2020 Unless there is hope, no one takes it upon themselves to address catastrophic situations such as climate change. Global concerns such as climate change spark innovation by the most innovative people on earth, who believe they can find the tools and […].

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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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RVI’s Guide To Running a Virtual Angel Group Meeting

Paul G. Silva

This post contains our up-to-date set of best practices on how the River Valley Investors angel group runs our meetings online. Last updated on: 4/9/2020. Technology of choice: Zoom. Prep. Before the event, we ask everyone to log in with a device with a camera so we can see each other. They all have been invited to a google calendar event with the link embedded in it.

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Should Founders Still Raise in an Economic Downturn?

Dream It

Jason Calacanis ( @jason ), angel investor in many category-defining companies, including Uber, Thumbtack, Wealthfront, Robinhood, and Calm, says you absolutely should. Jason sat down with Steve Barsh , Managing Partner of Dreamit, to give founders relevant downturn strategies. Having been at the forefront of the dot-com boom, 9/11, and the financial crisis of 2008, Jason knows what it takes to survive this downturn.

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Funding Friday: The $1k project

A VC: Musings of a VC in NYC

This is the fourth funding friday blog post in which I’ve suggested good causes to contribute to during this pandemic. March 20th – restaurant workers. March 27th – health care protective gear. April 3rd – feeding people in need. Today, I would like to highlight The 1k project. The 1K project was built by Alex from NYC, Minda from Seattle, and a group of over 20 volunteers consisting mostly of tech founders.

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As we cope with pandemic, innovators can thrive

Innovation 2 Enterprise

By Scott Meacham. The COVID-19 medical and economic crisis is relentless. Every day more people, locations and institutions are impacted. Scientists and other experts are appropriately realistic. Matters are likely to worsen, at least near-term, before we flatten the curve of infection. Our hearts go out to the sick and their families. We send everlasting gratitude to the heroes of this situation wherever they are—the medical professionals, first responders, volunteers, and workers in critical i

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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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HPA’s Talent and HR Resource Guide During COVID-19

HPA

HPA recently created a resource guide that aggregated information on finance assistance and business operations. Meanwhile, we continued to monitor news and developed this secondary resource guide that focuses on HR and talent topics, decisions and best practices. . Due to the financial impacts of the pandemic, companies are having to make tough business decisions.

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5 Ways to Mitigate Cash Flow Woes

Smart Hustle Magazine

Cash crunches are a fact of business life. Clients drag their feet in paying you. Vendors want their money. And now COVID-19 means that even businesses who may have weathered those ups and downs relatively unscathed in the past are having trouble mitigating cash flow woes. While there are no simple answers for every business, here are a few strategies to consider. 1.

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Summer Internships

A VC: Musings of a VC in NYC

There are so many challenges facing us right now that the smaller things often get overlooked. One of those things is summer internships for students who are focused on a career in tech. Many companies are struggling to stay afloat and have canceled all of their summer internships. That makes total sense as you can’t really consider having summer interns when you are laying off half of your workforce or more.

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CEMEX-TEC Award is Accepting Applications for the 2020 Contest

Impact Hub

CEMEX-TEC Award is the most important award in Monterrey, Mexico, for social innovation and social entrepreneurs. This is due to two elements: the Bootcamp nature of the program and the large sum of grant money involved; and 2020 marks its 10 anniversary. Since its creation, CEMEX and Impact Hub Monterrey have received 3,765 applications from more than 74 countries, and supported 128 projects from 23 countries, as well as collaborated in the improvement of 73 communities.

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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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In the News: How startups are handling the COVID-19 frontlines

OurCrowd

The COVID-19 pandemic arrived unannounced in late 2019, disrupting lives and businesses in ways that were previously unimaginable. Steering a company through the uncertainty of this crisis is daunting – here are four tips we shared with our own companies : Four Best Practices for Companies During a Crisis. At OurCrowd, we’re not only backing a whole host of companies that are busy on the frontlines fighting the coronavirus battle, but we’re getting ready for the next pandemic as well.

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Getting through COVID-19: A small business checklist

NZ Entrepreneur

When you start a business, no one hands you a manual for dealing with events like COVID-19. It’s hard, it’s scary and it’s confusing. If you’re a small business owner fighting for survival and not sure what you should be doing in this time, here’s a basic checklist. As the situation around COVID-19 continues to evolve at pace, it’s created a great deal of uncertainty for businesses and business owners.

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Slowing Down

A VC: Musings of a VC in NYC

One of the silver linings to this awful pandemic is that things have slowed down a lot. Not just work. Everything really. I find myself taking more time to do the dishes, work out, meditate, etc. There is less “racing through the day” and more time to do things right and carefully. We clean the house on Sundays and it takes the two of us almost three hours and while I can’t call it enjoyable, there is a certain satisfaction from doing it well and doing it right.

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Four Ways to Successfully Lead a Remote Workforce

Entrepreneurs' Organization

Written by Larry Prince, CEO of PrinceLeadership TM. A version of this article originally appeared in New Jersey Business magazine. . The current health crisis has thrown our world into disorder. No longer can teams stroll into work ready to interact, exchange ideas and take care of business. We’re leading our businesses through uncharted territory.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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[Signals Analytics in HospiMedica] COVID-19 Playbook Leverages Advanced Analytics for Accelerating Vaccine Development and Drug Discovery

OurCrowd

Signals Analytics, Inc. (New York, NY, USA), the next-generation advanced analytics platform that leverages external data to uncover trends and predictive insights, has unveiled its COVID-19 Playbook, providing access to critical market intelligence and trends surrounding potential treatments for the novel coronavirus. Read more here. The post [Signals Analytics in HospiMedica] COVID-19 Playbook Leverages Advanced Analytics for Accelerating Vaccine Development and Drug Discovery appeared first

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How We Created our Digital Demo Day Experience

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The COVID-19 pandemic is affecting the entire startup ecosystem, and in the name of safety and support of our founders, we hosted our first-ever Digital Demo Day last week. This was a whole new take on demo day for us, and the end result was a unique and inspiring experience for both our startups and investor community. Making the switch to an online demo day was no easy task.

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Don’t Give Up On Your StartUp Dream!

The Seraf Compass

Entrepreneurs who have just launched or are contemplating launching a startup are undoubtedly feeling a bit panicky as the social and economic consequences of Covid-19 start to pile up. There is a reasonable basis for concern in this climate, but I am here to tell you that the situation is not hopeless. If you have a good idea, it’s focused on a problem truly worth solving, and you are still feeling passionate and motivated about it, then hang in there a little longer and don’t give up on trying

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VC Backed Startups and PPP: Do You Really Need It?

Continuations

There has been a lot of discussion of whether or not startups qualify for forgivable loans under the Paycheck Protection Program administered by the SBA (part of the CARES Act). I don’t want to rehash the arcana of affiliation rules here but make a totally different point instead: there is a money grab going on right now by some venture backed startups that this program absolutely should exclude.

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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.