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Brooklyn Bridge Ventures , the pre-seed and seed stage VC fund I run in NYC, has invested in 64 companies in the last six and a half years. Twenty-five of them have at least one female co-founder. Fifteen had co-founders over 40. Five have LGBTQ+ founders. Three teams have African-American founders. Three of the founding teams are married couples. All were backed based on the sole criteria that they had the potential to make my limited partners a lot of money.
I understand that Adam Grant is a fairly popular professor at Wharton and has a book that some people loved called “Originals” (for me it interesting but not mind blowing, and I have some first-hand knowledge of some of its inaccuracies). Having read his latest op-ed on email I know why I erred towards the side of of not loving his book as much as some did.
With the right training and support, battery innovators can hold to their environmentally responsible values even in this super-charged competitive space. The post How Battery Entrepreneurs Learned the Power of Environmentally Responsible Business appeared first on VentureWell.
A story about innovating your business to stay ahead of the market, written for EO by Floyd DePalma, CEO of UX agency DePalma Studios. It was the beginning of 2018, and my agency had just lost two of our biggest accounts. These are the fears that keep you up at night, the ones you hope never happen. They’re also the moments that cause you to panic and cloud your judgment.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
The headlines in the tech and startup world have not been good over the last couple of years. As it turns out, the “move fast in break things” culture was itself pretty broken—full of discrimination and harassment. On top of that, the rise of tech is exacerbating wealth inequality, creating some serious data privacy issues, and allowing hate and misinformation to grow rampant on its platforms.
One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business. This is smart because amazing board members can be transformative with important advice and access and can also help attract other great board members (and team members). Bad board members can make business very unpleasant.
One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business. This is smart because amazing board members can be transformative with important advice and access and can also help attract other great board members (and team members). Bad board members can make business very unpleasant.
Startups are innovation machines. They identify market opportunities, develop novel products and go out to change the world. Some companies want to change the world in one dimension: a better product or a disruptive go-to-market. Others want to innovate in every dimension and re-invent every discipline from pricing to marketing to support to customer success.
By Rosemarie “Bubu” Andres, EO Global Chair, FY2018/2019 , an EO Philippines member and co-founder of Candy Corner , the number one source of quality candies and chocolates in the Philippines. The entrepreneurial journey can be lonely. You’re leading a company, walking an uncharted path without anyone else in the world who can comprehend your unique experience, worries and frustrations.
While most of the money that goes into VC funds comes from institutions that are highly experienced in the asset class, some family offices and high net worth individuals also invest in VC. They’re trying to get exposure and diversification at the same time, while potentially seeing co-investment deal flow. A lot of VC fund pitches—and I know this because I used to vet VCs for a living as an institutional limited partner at a pension fund—sound the same.
What is benchmarking? Benchmarking is a comprehensive process that is used by the top performing business incubators and accelerators in the world. The data that UBI Global collects is invaluable to both new programs just getting started and to well-established, institutional programs that want to remain abreast of the latest paths to success. Benchmarking means comparing one’s processes […].
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?
About 3.5 years ago, we met Michael and Lillian from SecondMeasure while they were in Y Combinator. We were lucky to invest not only during this time, but also doubled down in an extension. And this week, the company announced it had raised a super-sized $20M Series A financing co-led by Kent Bennett from Bessemer Venture Partners and also Goldman Sachs.
An accidental entrepreneur. That’s how cofounder of retail company Blue Illusion , Donna Guest , describes herself. Being a business owner was not something that she envisioned when she married her husband and business partner, Danny Guest. Becoming a CEO of a company was not something she contemplated before they started the business 20 years ago.
Listen on Soundcloud. It would be fair to say Anthony Baxter has learnt a thing or two about entrepreneurship, since starting his digital marketing agency “ Firefly ” from an Auckland bedroom in 2014. Aged just 23 at the time of launch, and now 28, Baxter has since grown that initial $100 investment into an agency with 15 staff serving customers throughout New Zealand and internationally, and revenues approaching $2M pa.
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.
I cannot tell you how many times I have seen executive summaries of business plans in which the entrepreneur seeks $5,000,000 to build the business. Four reasons you should reconsider. First, few startups can use that much money today with all the virtual services available and increasingly inexpensive methods of development, prototyping and marketing.
One Thing That Great Leaders Understand I was scanning Twitter this past week and I came across these great Tweets by Michael Seibel at Y Combinator. When I was young I thought management was about distribution/delegation of responsibilities. I now realize it is truly about the maintenance of morale and motivation. Morale and motivation are moving targets that require consistent and proactive effort to maintain.
Christmas is long gone and the short weeks caused by public holidays are behind us until April. Before you plan the rest of your year, it’s time to take stock and look at conducting this ever-important “annual health check” on your business. The current New Zealand economic climate is buoyant and businesses are well positioned for growth. This means it’s even more important that Boards and owner-operators conduct regular health checks on their business to ensure their operations have a solid fou
A simple, decentralized, scalable, constant-memory mechanism for independent replicas to record events in time, preserving the "happened-before" relation in almost all cases.
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Should You Allow Board Observers on Your Startup Board? Photo by Antenna on Unsplash A board observer is somebody who attends your board meeting but doesn’t have a voting right. There are also certain points in a board meeting where you can ask the board observers to step out of the room unless they’ve negotiated specific rights that preclude this.
Startups that are backed by professional financial investors almost always have a Board of Directors that consists of some set of founders, investors and sometimes independent directors. While the management of a startup company deals with the day-to-day decision-making within the company (strategy, budgets, goals, tasks, compensation) ultimately the Board of Directors has the legal governing responsibilities for these things.
Should All of Your Management Team Attend Board Meetings? The age old question for every startup is whom to involve in the board meeting. The reality is that there are some board meetings in which having a broad set of management present is a great idea and there are some meetings where in can be a hindrance. Photo by rawpixel on Unsplash The goal of the best run boards ought to be to balance information dissemination with using the brain trust of the company to guide critical decisions.
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