Sat.Dec 19, 2020 - Fri.Dec 25, 2020

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15 Business Leaders Share Their Experiences and Insights on Getting Through COVID-19

StartupNation

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.

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A closer look: Growth in 2020

Entrepreneurs' Organization

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.

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Remembering the startups we lost in 2020

TechCrunch

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.

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Entrepreneurship Ecosystem Building Knowledge for 2021

Source Link

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.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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how a faculty grant changed a university

Venture Well

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.

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Welcome 2021 with a Look Back at 2020

UBI Global

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 […].

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2020 — Year in Review

Y Combinator

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.

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Despite economic downturn, space startup funding defies gravity

TechCrunch

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.

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How the Pandemic Has Inspired More Women to Start Businesses

StartupNation

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

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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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7 Secrets of a Product Launch Process Every Entrepreneur Should Know

Entrepreneur's Handbook

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.

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The 8 Biggest Fundraising Mistakes Entrepreneurs Make

Feedough

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.

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Chinese autonomous driving startup WeRide bags $200M in funding

TechCrunch

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.

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How to Avoid Burnout as an Entrepreneur

StartupNation

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

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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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The Winklevoss Twins Are Gods Compared to Mark Zuckerberg

Entrepreneur's Handbook

The twins beat Zucks at the social network game. Zucks hasn’t figured it out yet. Continue reading on Entrepreneur's Handbook ».

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Oligopoly: Definition, Types, Characteristics, & Examples

Feedough

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.

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US seed-stage investing flourished during pandemic

TechCrunch

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.

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Why Your Startup Must Incorporate Customer Needs to Drive Growth

StartupNation

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.

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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.

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How Startups Reach New Levels of Growth

Entrepreneur's Handbook

You can’t scale up until you tear things down Continue reading on Entrepreneur's Handbook ».

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Newsletter: Airbnb, DoorDash & DropBox incubator

OurCrowd

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.

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Fluent Forever raises $4.9M for its language learning system

TechCrunch

Fluent Forever , a startup that uses a novel learning system to help its users master a new language faster, has raised a $4.9 million funding round led by Denver-based Stout Street Capital. Other investors in this round include The Syndicate, LAUNCH, Mana Ventures, Noveus VC, Flight.VC, Insta VC, UpVentures, Firebrand Ventures, Cultivation Capital, Spero Ventures and Lofty Ventures.

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4 Questions Aspiring Business Owners Should Ask Before Launching a Business

StartupNation

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.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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I Followed the Crowd and Added Two Side Hustles to My Main Career: Here Are 3 Lessons I’ve Learned

Entrepreneur's Handbook

Experience is certainly a good teacher Continue reading on Entrepreneur's Handbook ».

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You Should Be Recruiting Different Types of Leaders for Remote Teams

Tomasz Tunguz

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.

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Bandit ML helps e-commerce businesses present the most effective offer to each shopper

TechCrunch

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.

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$175,000 Awarded By Barclays to Small Businesses

Smart Hustle Magazine

Barclays US Consumer Bank today announced Frank Gourmet Hot Dogs as the winner of its “Small Business Big Wins” promotion and the recipient of a $50,000 grand prize. The Buffalo, New York, restaurant is known for its custom brand of signature hot dogs. It edged out nine other finalists in a nationwide vote to determine which United States-based small business would receive a much-needed financial boost at the end of an unprecedented year.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr