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4 Finance Lessons for Rookie Entrepreneurs

Entrepreneurs' Organization

Finance is a common source of both challenges and opportunities for a growing company. Learn these foundational finance lessons now to set yourself up for success: Avoid the sunk cost fallacy. For example, you might’ve chosen the wrong project management tool but continue to use it because you feel guilty about “wasting” money.

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Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies

TechCrunch

Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. That’s where Singapore-based Jenfi comes in, providing revenue-based financing of up to $500,000 with flexible repayment plans that co-founder and chief executive officer Jeffrey Liu refers to as “growth capital as a product.” .

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Should You Blog? (yes, and here’s how …)

Both Sides of the Table

If you’re a financial services firm blog about personal finance. I use Wordpress and am very happy. In this genre there is also Typepad although I find less people using it these days. They’re more light weight, easier to use and more social. How to find your “voice&# ? Be authentic. Just be yourself.

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Grover raises $71M to grow its consumer electronics subscription business

TechCrunch

A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. And, it plans to invest in more innovation around its rental services.

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Plume raises $300M as it passes 1.2B devices in 35M homes using its smart Wi-Fi service

TechCrunch

Plume’s CEO and founder Fahri Diner said the startup will be using the money to continue building out its software platform, inking and servicing more deals with carriers and generally expanding its horizons. We have ambitious plans and this financing gives us more capability.” Industrial is also in our scope.

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Egypt’s Breadfast wants to build ‘Gopuff for Africa and Middle East’, gets $26M backing

TechCrunch

To that end, Breadfast , an online grocery delivery company that wants to become a regional leader in the sector has raised $26 million in Series A financing from an impressive group of investors. In 2017 when Breadfast launched, the more prominent companies either used marketplace or aggregator models: think Instacart and Postmates.

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Super raises $50M to cover home repairs and maintenance via a subscription model

TechCrunch

The startup plans to use the funding to expand into new markets, to hire more people and to continue adding more maintenance/repair services and partnerships into its wider home-warranty-by-subscription proposition. Indeed, Super these days seems to refer to itself as an “insuretech” ).