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There’s no doubt that COVID-19 set the economic tone for 2020. The pandemic has hit investor and customer confidence, forced teams across the world into their homes, and caused many businesses to close down entirely. And, although future regulations in countless countries are yet to be known as governments continue to monitor infection rates, many business owners are taking direct action now while the world waits to see what unfolds over the coming months.
Stories of businesses closing and sales dropping in 2020 are common, but there are also plenty of organizations that experienced surprising growth during this unprecedented year. Planit , a creative agency based in Maryland, is one such organization. The company increased year-over-year revenue by 40+ percent. It’s even added four fulltime positions.
Even in a non-hell year, running a successful startup is a tremendous lift. After the events of 2020, however, no doubt many already lean businesses are hanging on by the skin of their teeth. For every company that saw increased interest in their offerings during the pandemic, there were several that simply couldn’t make it through the finish line. We’ve put this list together for several years now.
As you prepare your plans for supporting entrepreneurs this coming year, grab a cup of coffee and get ready to add some of these great reads to your 2021 reading list.
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.
A modest VentureWell faculty grant helped catalyze Arizona State University's innovative social entrepreneurship program, leading to more than 150 projects by some 700 students. The post how a faculty grant changed a university appeared first on VentureWell.
Mel Shakir , Securetech Managing Director with over 15 years of experience in bringing innovative cybersecurity solutions to market, is back to give his tips on product management. Recently, Mel served as the SVP of Product Development at Securonix and Director of Product Management at RSA NetWitness. Mel knows firsthand how crucial strategy is to develop products that customers love.
Mel Shakir , Securetech Managing Director with over 15 years of experience in bringing innovative cybersecurity solutions to market, is back to give his tips on product management. Recently, Mel served as the SVP of Product Development at Securonix and Director of Product Management at RSA NetWitness. Mel knows firsthand how crucial strategy is to develop products that customers love.
In early 2020 the entire world underwent a transformation. The planet was consumed by a pandemic that altered life as we knew it. Most of our normal routines changed immediately. At YC, like most businesses, we closed our offices. We were forced to rethink the end of our Winter 2020 batch and transformed its demo day to an online-only event. None of us knew how long the remote conditions would last, although we suspected it could be quite some time.
A 2020 year in review, plus what we learned and what comes next Unique. Challenging. Unprecedented – 2020 was all those things and more, and even though the world is about to transition into a new year the world’s innovation ecosystem still facing many challenges. If there is one thing our innovation intelligence community understands […].
The COVID-19 pandemic might have upended the global economy, but according to Meagan Crawford at Spacefund and Chris Moran with Lockheed Martin Ventures, it didn’t dampen investment in space startups. The space industry has enjoyed a honeymoon period with hundreds of startups popping up in the past five to seven years following SpaceX’s success.
Over the last month or so, I’ve engaged in 100 conversations with female entrepreneurs on Instagram. I was expecting the conversations to skew toward established entrepreneurs, but I quickly learned that new businesses, started by women and minorities, are on the rise. And while many reports show that the pandemic has hit women in business particularly hard , the women I was meeting and networking with had, on the contrary, begun their businesses during the pandemic over the last two to six mont
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?
Let’s talk about the benefits of MVP Do you have an idea for a new product and want to build it? Great! So, you have motivation and enthusiasm but, unfortunately, that is not enough. There are a lot of examples of developing million-dollar products that no one wanted to use. Luckily, there is a way to avoid a failure?—?choose MVP development ! MVP is a crucial part of any startup development when it’s necessary to reduce as many risks as you can.
About 6 million new businesses start in the USA every year. Of these, only 70,000 get angel investment, and less than 5,000 get venture capital. That is, the remaining 5.92 million businesses either bootstrap or make inevitable fundraising mistakes that prevent them from raising funds. So, if you don’t want to be in the 98% of the businesses who fail to raise external funds, you need to avoid certain fundraising mistakes.
You’re probably investing in an email newsletter these days, whether you’re an international brand, a nonprofit or a local news publisher. Maybe email is even your focus now, because you got burned by Facebook, Google or other closed platforms during the past decade. The problem is that the tools you have available are probably too generic, or are built specifically for marketers.
We’ve all felt burned out at one point or another—that feeling of total fatigue, both mental and physical, which comes from working ourselves too hard. Soon we’re experiencing symptoms like depression and exhaustion, feeling cynical and adrift. It’s ironic that at the point of burnout, the harder we work on something, the more detached we feel. Burnout can happen to anyone at any time, but it’s especially common for entrepreneurs: A survey of founders found that about half worked more than 50 ho
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.
As economies continue to develop, various industries witness a rise in competing forces. Due to this, it is often difficult to come across industries that house just monopolies (single seller) or duopolies (two sellers). However, one may easily come across a multitude of industries that house only a small number of dominant players or firms. Such market structures are called oligopolies.
WeRide, one of China’s most-funded startups developing autonomous driving capabilities, said on Wednesday that it has raised a $200 million strategic round from Chinese bus maker Yutong. Mega investments aren’t uncommon at companies like WeRide developing the next-generation level 4 driving standard, which denotes that the car can handle the majority of driving situations independently without human intervention.
Companies with above-average customer experience financially outperform their competitors in 73% of cases. But while being consumer-centric has its undeniable benefits, the journey is not necessarily an easy one. First, you need to discover what your customers actually want. Then, this knowledge needs to be incorporated into every layer of your business, including product development, supply chains, engagement strategies, and customer service.
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.
Top investment opportunities. Startup of the week: Eyeway Vision. LiDar startup Innoviz goes public via $1.4B SPAC. BlueGreen turns the tide against toxic water bacteria. Tevel scoops ‘Best Field Robot’ award. enVerid cleans office air during pandemic. Medaware study confirms dangers of physician fatigue. Startup of the week: Eyeway Vision Ex-Google Display R&D chief joins as US CEO.
As the United States entered its first wave of COVID-19 lockdowns, there were wide expectations in startup land that a reckoning had arrived. But the expected comeuppance of high-burn, high-growth startups fueled by cheap capital provided by venture capitalists raising ever-larger funds , failed to arrive. Instead, the very opposite came to pass. Layoffs happened swiftly and aggressively during the early months of the pandemic era.
Deciding to start your own business is big step, and one that requires a lot of upfront research and constant questioning. And, even as you move forward with the process of launching your business, the learning never stops. In fact, it’s likely that asking questions and remaining committed to learning about your industry will give you a leg up on the competition, helping you to achieve steady growth and refine your brand immediately out of the gate.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Erica Brescia, the COO of Github, a company in which 70% of the workforce has worked remotely for a decade, wrote in the Economist about how remote working is different and better. There have been many perspectives shared on remote work, but Erica’s adds an intriguing detail. Managers tasked with creating a culture of collaboration within a distributed team will find the profile of a leader changes.
Bandit ML aims to optimize and automate the process of presenting the right offer to the right customer. The startup was part of the summer 2020 class at accelerator Y Combinator. It also raised a $1.32 million seed round in September from YC, Haystack Fund, Webb Investment Network, Liquid 2 Ventures, Jigsaw Ventures, Basecamp Fund, Pathbreaker Ventures and various angels — including what CEO Edoardo Conti said are 10 current and former Uber employees.
This year has created an unprecedented security landscape for small- and medium-sized businesses (SMBs), and the holiday season is no exception. E-commerce holiday sales are expected to grow between 25% to 35% year-over-year during the 2020 to 2021 holiday season. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here.
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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