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Startup News
StartupDaily
2w
413
Founder Institute reveals 7 ANZ startups to emerge from its pre-seed accelerator
- The Australia and New Zealand Founder Institute accelerator program has revealed seven startups from its 2024 cohort.
- The startups are working on various issues including settling on Mars, recycling EV batteries, and assisting entrepreneurs with ADHD.
- The program provides intensive business-building sprints and support from top experts and investors.
- After completing the program, the startups have access to global networks and post-graduate support.
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Siliconcanals
2w
172
Image Credit: Siliconcanals
Dutch VC HenQ leads €8M Series A in Danish startup Kanpla
- Danish startup Kanpla has raised €8 million in a Series A funding round led by Dutch VC HenQ.
- Kanpla aims to digitalize the contract catering industry and plans to expand internationally.
- The funding will support Kanpla's expansion across Europe and the United States.
- Kanpla's digital platform helps canteens optimize operations, reduce food waste, and enhance the customer experience.
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Startupnation
2w
228
Image Credit: Startupnation
5 Types of Network Security and How They Protect Your Data
- Network security practices and software are used to protect the integrity, confidentiality, and accessibility of a company’s digital assets.
- Firewalls monitor and control incoming and outgoing traffic based on a set of predefined rules, ensuring that only legitimate requests are processed.
- Intrusion Prevention System (IPS) identifies suspicious traffic and takes immediate action to block or mitigate risks, preventing a wide range of threats such as malware and brute force attacks.
- Data Loss Prevention (DLP) prevents sensitive organizational data from being lost, leaked, or accessed by unauthorized users, and secures data both in transit and at rest.
- Network Access Control (NAC) regulates where the data or applications can be reached, ensuring that only authorized users can access organizational data on compliant devices.
- Network segmentation is the process of breaking a network into smaller parts, which improves performance, and creates boundaries between different parts of the network to contain damage.
- All security measures should be used together to protect valuable information and minimize vulnerabilities.
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Yourstory
2w
107
Image Credit: Yourstory
OpenAI takes on Google, releases ChatGPT search engine
- OpenAI has released an upgraded version of its ChatGPT AI chatbot with integrated search engine capabilities.
- The new ChatGPT can provide fast answers with links to relevant web sources, combining a natural language interface with up-to-date information.
- OpenAI has partnered with news and data providers to offer categories like weather, stocks, sports, news, and maps.
- Initially available to ChatGPT Plus and Teams subscribers, access will later be extended to enterprise and education customers.
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Medium
2w
206
Image Credit: Medium
5 Challenges Scaleups Face & How We Solve Them
- Scaleups face many challenges as they grow, including misalignment, communication inefficiencies, organization and sharing of documents, poor onboarding and the development of strategies to meet business objectives.
- Clarifying company purpose and values is a way of creating alignment and building the base upon which culture grows.
- Communication inefficiencies can cost a business up to $12,506 per employee each year and business leaders estimate that employees lose nearly 8 hours per week due to communication breakdowns.
- Employees spend an average of around 9.3 hours a week trying to find documents, making clear documentation essential for all organizations.
- 20% of employees leave organizations within two months if they have a bad onboarding experience, making good onboarding a crucial aspect of successful scaling.
- Scaleups need to make sure that new joiners develop organizational knowledge, which they'll need to create value from their initial days.
- Working with scaleups to design an onboarding experience that prioritizes the information employees need can help them acclimate quickly to the organization.
- We help scaleups develop strategies that meet their business objectives and work with their team leaders to translate this strategy into goals and initiatives related to their specific department or teams.
- Cosmic Centaurs help set solid foundations for distributed scaleups by working with leaders to establish the structure, processes, systems, and culture they need to set their teams up for success.
- Cosmic Centaurs provide interventions based on a 4-step approach that range in size and scale, from setting up relevant infrastructure and processes to upskilling middle managers to enabling a cohesive organizational culture.
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12 Likes
Medium
2w
163
Intelligent Growth Management: The Missing Framework for High-Growth Companies
- Intelligent Growth Management (IGM) is a paradigm shift in scaling high-growth companies.
- IGM combines operational rigor with adaptability through AI-powered insights and human-centric management.
- It provides a unified framework to maintain order while preserving innovation.
- IGM improves effective communication, flexibility, and employee engagement in scaling initiatives.
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9 Likes
StartupDaily
2w
310
Robot logistics startup Nexobot lands $400,000 pre-Seed raise
- Robot logistics startup Nexobot has raised $400,000 in pre-Seed funding to deliver an affordable solution for order fulfilment in smaller warehouses.
- The round was backed by Skalata and Antler, aiming to help smaller retailers compete against large robotic systems.
- Nexobot provides cost-effective robotic sorting solutions using 3D printing, reducing costs and increasing margins for customers.
- The software is easy to use and the system can be deployed within 4-6 weeks, benefiting smaller businesses in the e-commerce industry.
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18 Likes
Yourstory
2w
77
Image Credit: Yourstory
Tim Cook ‘excited by the enthusiasm’ in India as Apple sets all-time revenue record
- Apple sets all-time revenue record, driven by iPhone sales growth globally.
- Tim Cook expresses excitement about the enthusiasm in India, where the company achieved record revenue.
- Apple plans to open four new stores in India.
- Apple reports net sales growth in the Americas, Europe, Japan, and Asia-Pacific, while sales in China decline.
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4 Likes
StartupDaily
2w
349
The price of impatience: what happened to gamers who didn’t wait for the Steam Deck’s Australian launch
- The price of impatience: what happened to gamers who didn't wait for the Steam Deck's Australian launch
- Valve announced to start selling the Steam Deck in Australia in late November, after many gamers had purchased the device overseas
- This resulted in a grey market for Steam Deck where online retailers imported the overseas model and sold it locally at a significant mark-up
- Valve's history with Australia's consumer laws may have played a role in the delay of Steam Deck launch in Australia
- Steam Deck has created a grey market for Australians who went on to import the device from overseas at a markup while waiting for the official release
- Chris Hansford purchased a second-hand Steam Deck off Facebook marketplace before knowing of the launch date
- Valve was sued by the Australian Consumer and Competition Commission (ACCC) in 2014 for refusing to offer refunds to consumers for digital games
- Metaphor: ReFantazio, makers of Persona, has launched a newer, more palatable franchise
- The underlying premise behind some of the best games may not appeal to Western players
- Metaphor ditches Persona’s Japanese roots for a steampunk fantasy setting
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20 Likes
Gritdaily
2w
21
Image Credit: Gritdaily
Balancing Personal Development and Team Development as a Leader
- Leaders must find a way to balance personal development with leading the growth and development of their team. One approach to achieving this is through parallel learning, where leaders set personal development goals that align with what the team needs to acquire, fostering shared learning experiences.
- Create a culture of continuous learning by encouraging cross-training, empowering your team to pursue their own development paths, and setting objectives that align both personal and team goals.
- Embrace complementary talent by seeking out diverse team members with varied approaches and methods, to create endless opportunities for learning and innovation.
- Implement the learn-and-teach method, reflecting on what you have learned and sharing that with your team. Regular mini-projects can be assigned to see the team implement new knowledge.
- Utilize reverse mentorship to allow junior team members to mentor senior leaders, empowering a culture of collaboration and mutual respect.
- Reflective coaching allows you to maintain an open dialog with team members about your own insights and learnings to foster their development. This approach creates an enriching environment that encourages collective growth.
- Attend workshops as a team, or organize training sessions where participants can present what they learned to create an environment where everyone feels motivated to grow.
- Initiate skill-swap days where each team member can present something they have mastered, allowing low-cost but high-impact exchange of insights and actionable ideas without the need for formal training.
- Personal development with vulnerability and transparency grows leaders and fuels team growth. Making personal development a part of leadership approach fosters a culture of shared growth and open communication.
- Cultivate team autonomy by allowing them independence when leaders take time away from the business.
- Leaders need to align personal and team development to encourage personal growth within a supportive environment that encourages collective growth.
- Leaders can use CliftonStrengths to give individuals a language to discuss strengths and weaknesses in a more objective and productive way, allowing them to collaborate and perform more effectively
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StartupDaily
2w
73
Tech giants are ‘wilfully blind towards criminality on their sites’ says Australia’s former cybersecurity boss
- Social media companies like Google and Meta are being criticized for their lack of cooperation in combatting cybercrime in Australia.
- Former government cyber security tsar Alastair MacGibbon expressed his disappointment with tech giants for not taking adequate steps to protect consumers.
- MacGibbon emphasized the need for collaboration between government, law enforcement, and private sector to effectively address cybercrime.
- The Australian government plans to hold tech firms more accountable and impose fines for failure to prevent scams on their platforms.
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4 Likes
Gritdaily
2w
137
Image Credit: Gritdaily
7 Tech Leaders on the Importance of Financial Forecasting
- Accurate financial forecasting is crucial for risk management and to maintain stability during market changes and economic downturns.
- Shifting focus to inbound leads and scaling back on outbound sales efforts proved helpful when accurately forecasted.
- Investing in assets with confidence is possible by projecting cash inflows and shaping recruitment based on forecasted revenue.
- Accurate financial forecasting helps in organizational decision-making whether to expand product and service offerings, allocate budget strategically or manage risks effectively.
- Forecasting helps online gaming platforms prepare for shifts in player activities by managing resources and upgrading servers.
- Planning for hiring ahead of time based on precise projections helps maintain sustainable growth without stretching resources thin.
- Delaying product launches by accurately forecasting leads to smart decisions that avert financial crisis in the future.
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8 Likes
Gritdaily
2w
60
Image Credit: Gritdaily
8 Tech Entrepreneurs Reveal their Biggest Financial Mistakes
- Implementing a detailed budget, monitoring cash flow daily, and forecasting financials for scaling are some of the ways to avoid financial mistakes.
- An entrepreneur reveals that implementing a detailed budget is crucial for financial management that includes regular reviews and adjustments.
- Monitoring cash flow daily is necessary for a business. Analyzing sales patterns, forecasting carefully, and invoicing can avoid shortfalls.
- Starting small and scaling up tool investments with usage can eliminate waste and optimize investment in software and tools.
- Developing a rigorous financial-forecasting process that includes detailed budgets is necessary for scaling operations.
- Conducting thorough market research, continuously innovating, and refining unique value propositions can make a business agile and responsive.
- Pricing strategy impacts revenue. Analyzing costs to the minute, factoring in expertise, and benchmarking against competitors can help overcome underpricing.
- Prioritizing tools that solve specific problems, ensuring full team training, running trial periods, and auditing regularly can save money.
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3 Likes
Gritdaily
2w
155
Image Credit: Gritdaily
Leveraging Influencer Marketing in E-Commerce: Recommendations from Marketing Leaders
- Influencer marketing is revolutionizing the e-commerce landscape by elevating the brand and discovering the significance of targeted podcast features.
- Partner with Aligned Influencers. Always try to use social cat that helps connect small businesses with micro-influencers, which can highly impact without breaking the budget.
- Emphasize Authenticity and Values means building trust and credibility among consumers who hold sustainability and ethical business practices close to their hearts. Consumers often look for significant emotional connections to the brands they support.
- Highlight Outstanding Business Features by showcasing pain points like bad return experience can help gain customer satisfaction and viewer engagements.
- Foster Shared Purpose and Connection by prioritizing influencers who share deep relations with the customers with disabilities or sensory challenges.
- Engage Niche Audience Interests where the authenticity of the collaboration resonates with potential customers who are looking for a particular taste and healthy food options.
- Leverage Credible Community Influencers, partnership with respected figures in the community gets genuine endorsement of our products. By targeting an engaged EDC community, we ensure our products will reach the right audience.
- Utilize Targeted Podcast Features, partnering with influencers who have the direct target audience for the demographic you want to reach can create a broad sense among particular audiences.
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Gritdaily
2w
345
Image Credit: Gritdaily
Christmas Is Coming… Are You Pr Ready?
- Christmas is a wonderful season for PR visibility if you just put in a bit of planning around your brand, expertise, product, or service.
- If you missed the Christmas product boat, then please consider your plans for Christmas 2025.
- Here are some ideas to help other small businesses make the most of the festive opportunities:
- Offer a flash sale or discounts for a limited period.
- Get looking for media “gift guide” opportunities in your own community or regional publications.
- Create a Santa’s List and ask people to share their “wants” and “wishes?”
- Use the “naughty” and “nice” vibe around Christmas to showcase how you are different.
- Talk about the downsides of the festive season if this is relevant to your expertise.
- Review your year and ask others to do so too.
- Contact your local radio station and put yourself forward as an expert voice who can talk about all of these festive matters.
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