Sat.Oct 29, 2022 - Fri.Nov 04, 2022

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4 EO Members Share Lessons From Early Entrepreneurial Projects

Entrepreneurs' Organization

Contributed by Kym Huynh, an EO Melbourne member, EO Global Communications Committee member, and co-founder of WeTeachMe. Kym is fascinated by entrepreneurs and their journeys, so he asked EO members from various chapters to share their experiences. Read his earlier posts on how EO members define success , the impact of core values , lessons learned from their best and worst partnerships and the best advice they’ve ever received and nine lessons learned from entrepreneurial projects.

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5 High-Converting Strategies Most Entrepreneurs Are Afraid to Implement

Entrepreneur's Handbook

If you don’t embrace the tactics that scare you, you’ll never know how much opportunity you’re leaving on the table. Continue reading on Entrepreneur's Handbook ».

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Cultivating Inclusivity: Why Mentorship Matters in Innovation and Entrepreneurship

Venture Well

Find out how to provide mentorship to students who may not feel like they belong in innovation and entrepreneurship. The post Cultivating Inclusivity: Why Mentorship Matters in Innovation and Entrepreneurship appeared first on VentureWell.

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Sales Efficiency through Covid : Reading the Tea Leaves for Startups

Tomasz Tunguz

In 2017, SaaS companies reported their cost of customer acquisition had increased by 65% in the previous five year period. What happened to these figures during Covid? We can examine the sales efficiency of public software companies to get a sense. Since 2016, the average public software witnessed its sales efficiency winnowed from 52% to 47%, a decline of about 10%.

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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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OpenAI will give roughly 10 AI startups $1M each and early access to its systems

TechCrunch

OpenAI, the San Francisco-based lab behind AI systems like GPT-3 and DALL-E 2, today launched a new program to provide early-stage AI startups with capital and access to OpenAI tech and resources. Called Converge, the cohort will be financed by the OpenAI Startup Fund , OpenAI says. The $100 million entrepreneurial tranche was announced last May and was backed by Microsoft and other partners.

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How to Get Started Mapping Your Entrepreneurial Ecosystem [Updated]

Ecosystem Builder Hub

Want to map your entrepreneurship ecosystem but don’t know how to get started? Start here! Note: I originally published this article in 2019 to share my lessons-learned from mapping a local ecosystem. In the years since, through research and conversations with others, I’ve gained some additional insights and perspectives. I’ve added some of those insights here while I work on a more comprehensive resource guide to mapping entrepreneurship ecosystems.

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Impact Investor Profile Series: Marcia Hooper, Partner, Branch Venture Group, LLC

The Seraf Compass

This profile is the fifth in a series of interviews highlighting the work of interesting impact investors. Marcia Hooper currently serves as a Partner of Branch Venture Group, LLC, an angel investing group focused on food startups, targeting food products, food technology, business services for food-related companies, ag-tech, and sustainability.

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Meet Budibase, a low-code open-source web app builder with automations

TechCrunch

While there are differing perspectives on the degree to which no-code and low-code development tools could eventually supplant human software developers, it’s clear that any software that takes care of the technical “heavy lifting” is having a huge impact within businesses — in terms of opening app-building to more personnel, plugging the talent gap and helping existing developers focus on more demanding tasks.

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Investing in Rewind

Andreessen Horowitz

Today’s digital workplace moves faster than at any point in history. We can communicate and collaborate in real-time—and around the world—across text, voice, video, and documents. We can share massive files with a URL and access an unquantifiable amount of … The post Investing in Rewind appeared first on Andreessen Horowitz.

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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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make believe

Derek Sivers

Kids scream, “Monster in the hallway!”, and hide behind the couch. They stack up cushions for protection, and plan their defense. They know it’s not true — there’s not really a monster in the hallway — but it’s exciting to feel the adrenaline of panic, then make a shelter and feel safe. One kid yells, “The floor is hot lava!” The familiar room transforms into islands among danger.

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Your eye of the needle: Do you worry over bottlenecks?

Berkonomics

Here’s your question to ponder…. Think for a minute whether there is any process or person that could be classed as the eye of the needle in your organization. Is there anything, process or person, that stalls the flow of work from start to finish? A CEO once told me that she was the eye of the needle in her organization, purposely controlling quality of service and making sure all of her direct reports let her know of each decision and action they undertook.

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Meet Seoul-based accelerator SparkLabs’ 19th batch of startups 

TechCrunch

SparkLabs Korea , a Seoul-based seed to early-stage accelerator, held a demo Day on Thursday for its 19th cohort of companies. The latest demo day marks its tenth year after SparkLabs launched its accelerator program in December 2012. The accelerator has backed more than 270 startups since its inception in 2012, co-founder and partner of SparkLabs Eugene Kim told TechCrunch. .

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Building the American Workforce

Andreessen Horowitz

It’s no secret that widespread labor shortages are critically impacting the United States. In construction, companies can’t replace retiring workers fast enough and have started offering housing per-diems to attract workers. In education, states are recruiting candidates without teaching experience … The post Building the American Workforce appeared first on Andreessen Horowitz.

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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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Three Learnings for Startups after Big Tech’s Q3 Earnings Beatdown

Entrepreneur's Handbook

Investors are punishing Big Tech for several strategic errors Photo: Unsplash 65% of S&P 500 companies have already reported Q3 2022 earnings, and 70% have beaten earnings expectations, consistent with the 10-year average. MUCH better than most investors feared. As a result of these better-than-expected results, the S&P 500 is now up 4.83% over the last month.

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Goanna’s Wyeth is Pioneering the Algorand NFT Ecosystem

Jason Malki

I had the pleasure of interviewing Ben Wyeth is the founder of Goanna NFT project, Algorand’s highest grossing NFT collection. He is passionate about using NFTs to drive real world impact and the projects early conservation efforts have been spun out into The Gilbert Goanna Tree Planting Fund , Algorand’s first dedicated impact fund. In ’22 he doubled down on his commitment to NFTs launching the Shufl NFT marketplace.

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Former Yext CEO launches Roam to provide a virtual HQ for distributed teams

TechCrunch

Roam , which bills itself as a “cloud HQ” for distributed, remote companies, today emerged from stealth with $30 million in Series A funding led by IVP with participation from undisclosed angel investors. The tranche, which comes after a previously unannounced $10.6 million seed round and values the company at $95 million post-money, will be put toward go-to-market efforts in the U.S. and abroad, CEO Howard Lerman said.

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Introducing: Stories of Oklahoma Innovation

Innovation 2 Enterprise

Today we are launching the new i2E blog, Stories of Oklahoma Innovation. Each week, we will publish a blog taken from our actual experience working with Oklahoma’s entrepreneurs to build new, innovative technology companies. . Expect a real-world view. . i2E’s mission, pure and simple, is to walk shoulder to shoulder with entrepreneurs to turn their technology-based ideas into successful businesses. . i2E venture advisors go into the community with their sleeves rolled up.

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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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3 Common Phrases Investors Say That Entrepreneurs Completely Misunderstand

Entrepreneur's Handbook

Investors aren’t always great at telling founders what they’re really thinking. Continue reading on Entrepreneur's Handbook ».

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HK’s theDesk partners with office software platform Kumospace

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register theDesk , the coworking space platform headquartered in Hong Kong , debuted its partnership with Kumospace, the office software platform headquartered in the United States, to launch the virtual work and collaboration platform for businesses to create an immersive virtual space and enhance employee experience with a hybrid working environment.

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Rapyd Ventures backs Indian fintech-as-a-service startup Decentro

TechCrunch

India’s Decentro , the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 million in a Series A round. The Bengaluru-based startup offers banking and payments APIs that allow development of fintech products such as banking, payment cards, neobanking and collections and payout services in a short period of time.

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How to Get Started Mapping Your Entrepreneurial Ecosystem [Updated]

Ecosystem Builder Hub

Want to map your entrepreneurship ecosystem but don’t know how to get started? Start here! Note: I originally published this article in 2019 to share my lessons-learned from mapping a local ecosystem. In the years since, through research and conversations with others, I’ve gained some additional insights and perspectives.

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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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Weekly 20: Why might your startup fail?

Entrepreneur's Handbook

Welcome to another edition of our new newsletter! You’ll receive the best practical startup advice straight to your inbox every week. In this week’s edition, we share: Reasons why startups fail (and how to fix it) What it’s really like to have your startup fall apart The Elon takeover in tweets Let’s do this. Why startups fail, and how to fix it As founder of six startups, advisor to founders, and a startup strategist at IMD ( #1 ranked business school ), Boris Manhart has seen many mistakes bei

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Restaurant management startup Runchise scores Seed funding

AsiaTechDaily

Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet? Register Indonesian restaurant management startup and culinary franchise Runchise has announced raising Seed funding in a round anchored by East Ventures. The funding round was also participated by Genesia Ventures, Arise MDI Ventures, Init6, Prasetya Dwidharma, Alto Partners, and angel investors.

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Alation bags $123M at a $1.7B valuation for its data-cataloging software

TechCrunch

There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. An IDC report commissioned by Seagate projected companies would collect 42.2% more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. While more data is generally a good thing, particularly where it concerns analytics, large volumes can be overwhelming to organize and govern — even for the savviest of organizations.

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Top tips to protect your small business against a cyber attack

NZ Entrepreneur

As the adoption of digital tools has become increasingly more important for doing business, it’s crucial that business owners know how to protect themselves and their operations against cyber-attacks, says MYOB’s Head of Information and Cyber Security, Peter Wolski. COVID-19 increased the urgency for many businesses – particularly SMEs – to adopt digital tools.

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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.