Sat.May 22, 2021 - Fri.May 28, 2021

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Playing the Long Game in Venture Capital

Both Sides of the Table

Silicon Valley and the media industry that surrounds it values youth. The culture is driven by the 20-something irreverent founder with huge technical chops who in a “David vs. Goliath” mythology take on the titans of industry and wins. It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales.

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Do you really need a board of directors?

Berkonomics

First, the short answer. No matter what your size, if you intend to grow your business into more than just a lifestyle workplace, you should create a board of directors. If you take money from knowledgeable investors, you will be required to create a board as a part of the investment process. So, why go through the effort? Boards perform two important types of task.

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The 6 Signs That Reveal Entrepreneurship Isn’t for You

Entrepreneur's Handbook

Hard work isn’t enough to offset these entrepreneurial pitfalls. Continue reading on Entrepreneur's Handbook ».

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Freelancer or entrepreneur? Making the mindset shift

Entrepreneurs' Organization

Contributed by Julia L F Goldstein, the founder of JLFG Communications , which helps businesses share their world-changing ideas through clear and concise content. She is also the award-winning author of Material Value: More Sustainable, Less Wasteful Manufacturing of Everything from Cell Phones to Cleaning Products. During an online business workshop in December 2020, the presenter asked me whether our venture was a hobby or a business.

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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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Winning at Fifty

A VC: Musings of a VC in NYC

I was rooting for Phil Mickelson all weekend to win the PGA at age 50. I’ve watched Phil for thirty years and I’ve seen all of the highs and lows and there have been many. He plays the game of golf with a level of creativity that can often lead to problems. He is a risk-taker which isn’t always the best way to approach a golf course.

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5 Innovative Fundraising Methods for Emerging Venture Capital and Private Equity Funds

David Teten VC

How do you raise money for your venture capital or private equity fund from family offices and high net worths? . I see five innovative new methods for raising capital which emerging managers such as Versatile VC are using, which I’ve ranked in roughly descending order of popularity: . Join the online communities and virtual conferences where investors participate. .

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Visa takes a swipe in fintech, builds new online marketplace

TechCrunch

The relationships between banks and fintechs are multi-faceted. In some cases, they partner. In many cases, they compete. In other cases, one acquires or invests in the other. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. Specifically, Visa said today it has expanded its Visa Fintech Partner Connect , a program designed to help financial institutions quickly connect with a “vetted and curated” set of techno

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5 Content Marketing Myths Limiting Your Startup’s Growth

StartupNation

Most entrepreneurs understand why content marketing is important, but when it comes to explaining what it is and how to utilize it to grow their business, many don’t know where to begin. While there are a lot of common myths surrounding content marketing, at its most basic level, it is about using content strategically to build an audience and influence their behavior over time.

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The Inflationary Forces in Startupland

Tomasz Tunguz

Over the last ten years, the 75th percentile post-money valuation of a cloud software or infrastructure company has grown 11% annually. In 2021, the post-money valuation has spiked 60% from $48.1m to $77.0m. While not as hyperbolic an inflation rate as copper or lumber, the price trajectory of early stage cloud startups does result from a similar supply demand/imbalance.

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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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Alkami Technology proves that financial unicorns are not a myth

Innovation 2 Enterprise

By Scott Meacham. Oklahoma-founded Alkami Technology proves that financial unicorns are not a myth. i2E and Oklahoma scored another first in innovation and entrepreneurship in April when Alkami Technology, our state’s and our firm’s first “unicorn” debuted on the Nasdaq (ALKT). In venture capital parlance, “unicorn” describes a privately held startup company with a company valuation of over $1 billion.

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SpotOn raises $125M in a16z-led Series D, triples valuation to $1.875B

TechCrunch

Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting closures. They had to adapt quickly to survive. If they didn’t use much technology before, they were suddenly being forced to, as so many things shifted to digital last year in response to the COVID-19 pandemic.

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How to Find the Perfect VC Partner, Even During Times of Uncertainty

StartupNation

While the pandemic has certainly had an impact on the startup space, speculations were off about one thing: venture capital. It didn’t dry up: Venture investors poured $150 billion into North American companies in 2020, up about 7% from 2019 levels. All was not rosy, however, as first-time financings comprised only a fraction of that funding and decreased at points during the year.

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Why Your Customers Don’t Love Your Product

Entrepreneur's Handbook

4 steps to change the word ‘like’ to ‘love’ Continue reading on Entrepreneur's Handbook ».

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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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10 Things You Get With A GCUC Membership

GCUC

The GCUC Community membership gives coworking & flexspace operators the tools & resources they need to work less & spend more time in their. The post 10 Things You Get With A GCUC Membership appeared first on GCUC Community.

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Canvas lands $20M so tech’s biggest companies can find diverse talent

TechCrunch

Ben Herman and Adam Gefkovicz launched Jumpstart in 2017 with a clear mission: to make the world more equitable via a more fair and balanced hiring process. The company released its “Diversity Recruitment Platform” in July of 2018 with the aim of helping people earlier in their careers get a “jumpstart” via technology. Over the years, the startup’s mission has evolved beyond helping college grads to helping all employees — regardless of career stage — get a fair shot at jobs.

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Goldfish Swim School CEO Shares 5 Must-Haves in Post-Pandemic Playbook

StartupNation

Over the course of the last year, it’s been remarkable to watch successful adjustments to remote work , new innovation projects and everything in between, as small businesses across the nation quickly adapted to changes brought on by the pandemic. As we’ve surpassed the one-year mark of COVID-19 and inch closer to a return to normalcy, it’s likely many of these notable changes to business operations are here to stay.

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Everything You Need to Know About Angel Investors

Entrepreneur's Handbook

Connecting with the right kind of Angel can be the answer to an entrepreneur’s prayers Continue reading on Entrepreneur's Handbook ».

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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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These African Entrepreneurs Are Developing Tech Solutions for Healthcare and Education

Impact Hub

Where there’s a will, there’s a way. These African entrepreneurs are creating their’s, providing solutions to some of Ghana and Nigeria’s most pressing challenges in education and health, and driving innovation through technology to empower young people and women. The ongoing pandemic has reminded us of the importance of building resilient, fair, and equitable societies that ensure no one is left behind and allow all individuals not only to meet their basic needs but to thrive.

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The LatAm funding boom continues as Kaszek raises $1B across a duo of funds

TechCrunch

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region , Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine unicorns along the way. And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventu

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How Quality Reporting Helps Smart Entrepreneurs Build Investor Trust and Long-Term Returns

StartupNation

Think of investor reporting as the foundation of trust between a company’s founders and its investors. That trust is earned over time and is strengthened by timely reporting of company results. Strategic entrepreneurs will see good investor reporting is both the foundation for a company’s success and an entrance to later investing. Done correctly, early investors become referrals for later investors and, when properly incentivized, future investors as well.

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How to Build a Team that Attracts Investors for Your Startup

Entrepreneur's Handbook

Investors prefer betting on people rather than ideas. Learn how to build a strong team to swing the pendulum your way. Continue reading on Entrepreneur's Handbook ».

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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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[Celeno in New Electronics] Celeno launches chip that combines Wi-Fi, Bluetooth, and Doppler Radar

OurCrowd

Celeno Communications, a provider of smart Wi-Fi solutions, has launched a single chip solution that combines Wi-Fi 6/6E, BT/BLE (Bluetooth/ Bluetooth LE) 5.2 and Celeno’s innovative Wi-Fi Doppler Radar. Read more here. The post [Celeno in New Electronics] Celeno launches chip that combines Wi-Fi, Bluetooth, and Doppler Radar appeared first on OurCrowd Blog.

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RevenueCat raises $40M Series B for its in-app subscription platform

TechCrunch

RevenueCat , a startup offering a series of tools for developers of subscription-based apps, has raised $40 million in Series B funding, valuing its business at $300 million, post-money. Founded by developers who understood the difficulties in scaling a subscription app first-hand, RevenueCat’s software development kit (SDK) solution gives companies the tools they need to build a subscription business, including not just adding subscriptions themselves, but maintaining them over time even

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WJR Business Beat with Jeff Sloan: Michigan Leads Nation in Venture Capital Investment (Episode 229)

StartupNation

On today’s Business Beat, Jeff talks about how Michigan leads the nation in the biggest increase in venture capital investing and how venture capital is furthering innovation in our state. Tune in to Business Beat, below, to learn more about the importance of venture capital: “… venture capital has growth capital that companies use to accelerate their growth as they move toward either an acquisition or an IPO.

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It’s Time to Ditch Job Descriptions and KPIs

Entrepreneur's Handbook

Optimise your business for creative freedom and ownership Continue reading on Entrepreneur's Handbook ».

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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.