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Startup News
Dev
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Image Credit: Dev
The WordPress Drama Won't Kill Your Business. Here's Why.
- Despite the recent WordPress drama, there is no threat to your WordPress-driven business operations or employment prospects as a developer, as WordPress is simply too big to fail or mess up.
- The drama concerning inter-company legal battles, plugin takeovers and WP Engine's alleged 'cancer' comments have resulted in community infighting, harsh language and corporate theatre, but the actual platform will go from strength to strength due to its open-source base and massive ecosystem.
- As a business owner or site manager using WP Engine or running Advanced Custom Fields, there is no need to worry over a worst-case scenario or panic as, even if parts of these experiences are problematic, your data and ownership of your site is considered too vital to break.
- Millions of businesses are reliant on WordPress sites, and billions of revenue flow through them daily, meaning the system is too big to fail.
- It is time to stay focused on real business growth as competitors who are spending their energy worrying about corporate drama are losing focus, and growing businesses focus on fundamentals at times of market uncertainty.
- Valuable advice for present and future site owners and developers is to remain up-to-date with security patches, keep your backups current, take advantage of WordPress's portable code and data, and double down on your singular focus on serving your customers and growing your business.
- WordPress's success, and consequently yours, is based on its open-source nature and massive ecosystem, realized by the various companies and developers who work to take advantage of it.
- It is the strength of the core technology that guarantees your website, ecommerce system, and SEO rankings will remain solid.
- In conclusion, the WordPress drama will not bring down your business, so there is no need for drastic moves, panic, or changes in platform.
- The smart move is to double down, because, as successful WordPress developers know, its companies don't matter, but its open-source nature does.
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Medium
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October 2024 Recap
- The Magneto HR team has been working on refining the platform's architecture and enhancing its functionality to ensure a smooth user experience.
- Magneto HR secured a partnership with development company Roots Inc., promising to accelerate innovation efforts and enhance the platform's capabilities.
- Work was done on optimizing node workload setup, focusing on workload distribution across the network to ensure reliable performance as Magneto HR continues to grow.
- Core features of the Magnet token were developed, creating a foundation for a secure and robust token economy within the Magneto HR ecosystem.
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Medium
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Image Credit: Medium
From Copilot to Autopilot: How Startups Can Win the AI Go-To-Market Race
- The AI journey is currently in the phase between the "Peak of Inflated Expectations" and the "Trough of Disillusionment" according to the Gartner Hype Cycle.
- As organizations prioritize efficiency, there is increasing demand for AI solutions in DevOps to streamline processes and maximize resources.
- In the AI go-to-market race, startups that combine agility with a disciplined approach to GTM strategy have a strong chance to compete effectively against incumbents.
- The evolution from copilot to autopilot AI models has the potential to increase efficiency and free up teams to focus on strategic work.
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8 Likes
Medium
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Image Credit: Medium
I’m Considering a Change of Name: Help Me Choose a New Name & Identity
- Adurakoya Dorcas is considering a change of name to better reflect her identity.
- She has brainstormed some potential new names, including Kariyah Lila Kim and Lila Kariyah Kim.
- She is also considering Kariyah Lila Kensington and Lila Kariyah Kensington, with Kensington as a surname option.
- Adurakoya Dorcas is contemplating the idea of renaming herself for a fresh start.
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StartupDaily
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Atlassian’s beats revenue predictions as losses grow – and investors are happy
- Atlassian exceeded revenue predictions in Q1 FY25, with total revenue of US$1.19bn, up 21%.
- Subscription revenue also surpassed expectations, reaching US$1.13bn, up 33%.
- Despite the positive revenue growth, Atlassian reported a net loss of US$123.8m, up 300%.
- The company plans a $1.5bn share buyback and expects a revenue growth of 16.5-17% for FY25.
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Startupcan
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Image Credit: Startupcan
Startup Canada Announces Startup Global Pitch Competition 2024 Winners
- Dr. Mallory Flynn of Insporos wins first place and $30,000 in the Startup Global Pitch Competition 2024.
- Azadeh Dastmalchi of VitalTracer Ltd. takes second place and receives $15,000.
- Athanasios Kritharis of FIBR.BIO secures third place and a prize of $7,500.
- Helen Yin of Inoki Bathhouse Inc. is awarded the 2024 People's Choice Award and receives $2,500.
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Medium
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Image Credit: Medium
Rise from the Ashes
- Jayla, a painter who couldn't take judgement anymore gave up painting and was leading a life of loneliness.
- A community center flyer inspired her to join and help children paint and learn.
- She began reminiscing the past when she trained in the very same community center.
- Her initial hesitation ebbed away when she saw the excitement in children's eyes.
- Her love for painting and colors came back when she started working with kids in the community center.
- Sofia, little girl at the center, reminded her of her love for painting and gifted her a painting of Phoenix rising from ashes.
- Phoenix painting reignited the inner passion in her and she began to paint again.
- Her painting was of Phoenix too but with a different symbol of fierce, majestic and hope.
- Jayla began to get recognition and people started loving her work.
- The experience brought her back to life giving her a sense of inner peace and making her stronger, compassionate and courageous.
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14 Likes
Medium
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The fail-safe Start Up
- Entrepreneurship involves pursuing new opportunities with limited resources, and startups face tough odds.
- Success requires fulfilling genuine user needs and having a skilled employee and a competent founder.
- Startups need industry experienced founders, a dedicated team, valuable investors, and strategic partners.
- Scaling requires readiness assessment, resource maximization, and careful money management.
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24 Likes
Medium
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Image Credit: Medium
Head above waters
- The author recounts their journey of learning content and copywriting through LITA, a free course.
- They face challenges of limited resources, including access to tools and data, but remain grateful for the opportunity to learn and grow.
- The author expresses gratitude towards the LITA community, including facilitators, group admins, and fellow learners, for their unwavering support.
- Despite the struggles, the author maintains hope, resilience, and faith that their efforts will lead to a rewarding destination.
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Siliconangle
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Image Credit: Siliconangle
Spot AI reels in $31M for its AI-powered video processing platform
- Spot AI Inc. has raised $31 million in fresh funding for its AI-powered video processing platform.
- The funding round included contributions from investors, including Qualcomm Ventures.
- Spot AI's Intelligent Video Recorder (IVR) connects to security cameras, storing footage and offering AI-powered features for easier review and search.
- The company's platform, used by 1,000 customers across 17 industries, has processed billions of hours of footage since its launch in 2020.
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Hitconsultant
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Starget Pharma Secures $5.1M for AI-Powered Targeted Radiotherapy for Cancer
- Starget Pharma, an innovative startup specializing in precision cancer diagnostics and targeted radiotherapy, has secured $5.1M in funding from Cancer Focus.
- The funding will support Starget Pharma's upcoming clinical trial for treating advanced metastatic cancers, including sarcomas, neuroendocrine tumors, melanoma, and liver cancer.
- Starget Pharma is developing radioligand-based therapies that target tumor cells with focused radiation, minimizing damage to surrounding healthy tissue.
- Their AI-driven platform combines diagnostic imaging with targeted radiotherapy to create personalized treatment plans, offering improved outcomes compared to traditional radiotherapy.
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11 Likes
Medium
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Image Credit: Medium
How I Scored 0.15 BTC Instantly — Here’s the Code You Need!
- SwapX, a crypto exchange, offers a promo code to earn free bitcoin instantly.
- No mining or waiting required; just enter the promo code MYBTC24.
- The process is easy and smoother than other apps.
- By using the promo code, the author earned 0.15 BTC.
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Inkbotdesign
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Top 20 Best Free Apps for Startups on a Budget
- Running a startup can be tricky, especially on a tight budget. But fear not! In this comprehensive guide, I'll share 20 of the top free apps that can help streamline your operations, boost productivity, and give your business a competitive edge – all without breaking the bank.
- Notion is an all-in-one workspace that has become the backbone of many organizations. With Notion, create databases, wikis, kanban boards, and more all in one place. Trello effortlessly manages projects, and Slack simplifies team communication.
- The benefits of using free versions of tools such as these is two-fold; First, it enables early-stage startups to be more competitive by utilizing zero-cost, quality software at a vital time. Second, if you need more features or higher usage limits, many of these free apps offer affordable paid plans and make it easy to upgrade.
- Google analytics is a must-have tool if you want to make data-driven decisions for your startup. Google Workspace is a must-have for any startup, with Gmail and Google Drive coming together to provide a suite of productivity tools.
- When it comes to video conferencing, Zoom is undoubtedly the market leader, while Calendly is perfect for scheduling and Freshbooks is great for invoicing and accounting.
- Having a library of eye-catching visuals can make all the difference when marketing. Unsplash offers a vast collection of high-quality, royalty-free stock photos, and Canva is a user-friendly design tool.
- Hootsuite is a social media management tool that allows you to schedule posts, monitor conversations, and measure your performance across all your social channels in one place.
- Dropbox stores and shares files and documents, while Google My Business is a free tool that allows you to manage your business's online presence on Google.
- While free apps can benefit startups on a budget, they may have limited functionality or usage caps, which could constrain your operations as your business grows. It's essential to weigh the pros and cons and ensure that the free apps you choose align with your startup's need.
- The hybrid approach allows you to maximise the value of free tools while investing in mission-critical apps that provide the necessary support and security for your growing business.
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VC Cafe
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Image Credit: VC Cafe
The Art of Non-Consensus Investing: Unlocking Venture Capital’s Hidden Gems
- Non-consensus investments challenge popular opinion and tend to yield the highest returns in venture capital investment.
- The investment landscape maps consensus and conviction onto a quadrant.
- Consensus investments are aligned with majority opinion, while non-consensus investments may seem risky or unconventional.
- Non-consensus investments have radical differentiation, technological leap, and a counterintuitive approach.
- High-conviction, non-consensus investments can capture outsized returns if they succeed.
- Well-researched, high-conviction non-consensus investments provide steady returns.
- Deep domain expertise, rigorous due diligence and a framework for evaluating potential breakthrough technologies is required to mitigate risks.
- The data consistently shows that the most lucrative venture returns come from high-conviction bets that initially faced widespread skepticism.
- Top-quartile VC funds consistently feature a higher proportion of these contrarian bets in their portfolios.
- Successful non-consensus investments require patience, conviction, and a willingness to see value where others may see risk.
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Geek Wire
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Ex-Zipwhip leaders back Ambassador, a ‘conversational commerce’ software startup
- Ambassador, a Seattle startup, has added former leaders of Zipwhip to its team to fuel growth.
- Ambassador helps brands acquire customers through conversational commerce software by offering customer referral and rewards programs.
- The company has over 200 customers, including Verizon, H&R Block, and Kaplan, with an annual recurring revenue of around $3 million.
- Investors backing Ambassador include former leaders of Zipwhip, which was acquired by Twilio for $850 million.
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