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Gritdaily
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Jennifer Esquibel Blazer Inducted into the Marquis Who’s Who Biographical Registry
- Jennifer Esquibel Blazer, recognized for her work in the accounting industry, was honored by Marquis Who’s Who for her contributions.
- She launched a new educational institute to address the shortage of skilled bookkeepers.
- Blazer combines her experience in hospitality with financial expertise in her accounting career.
- She focuses on raising standards and developing a talent pipeline for the bookkeeping profession.
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Inc42
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Not Concerned About New Entrants In Quick Commerce: Blinkit CEO
- Blinkit CEO, Albinder Dhindsa, stated that the company is not worried about new competitors entering the quick commerce market and believes there is enough space for everyone.
- Blinkit will continue to focus on providing customers with a service they didn't know they needed.
- Zomato, Blinkit's parent company, plans to raise funds through equity shares via qualified institutional placement to further fuel its quick commerce vertical.
- Blinkit aims to increase its total dark store count to 2,000 by the end of 2026, requiring significant capital to scale up amidst rising competition.
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Yourstory
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Is Stack Overflow Fading? The Impact of AI on Its Future & Business Model
- Stack Overflow, founded in 2008, has been a go-to hub for developers worldwide.
- The platform operates on a multi-faceted business model, including advertising, subscription-based services, and job listings.
- However, the rise of AI, such as ChatGPT, has impacted user activity on Stack Overflow, leading to a decline in participation.
- To remain relevant, Stack Overflow has embraced AI integration and launched OverflowAI, aiming to balance human and machine contributions.
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Gritdaily
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Joining a Business Coaching Franchise: The Revelation Your Life Might Desperately Need
- ActionCOACH is offering a unique transformation opportunity to become a business coach and part of a bigger community. It guarantees a £10,000 monthly income within seven months and provides a proven system, support and a network of experts willing to guide individuals.
- ActionCOACH is a global leader in business coaching with over 30 years of experience helping businesses overcome challenges, and achieve remarkable growth. ActionCOACH operates under 14 points of culture, ensuring integral, honest, and committed interaction with the team.
- ActionCOACH seeks individuals who have a passion for learning, leadership qualities, and a genuine desire to help others. What matters is the right mindset rather than experience or background.
- ActionCOACH offers three opportunities: a low-investment option, an exclusive model, and an investor option to make it easy for any aspiring coach or investor.
- ActionCOACH guarantees a monthly income of £10,000 for franchisees inclusive of VAT within the first seven months and refund their initial investment and training fee if they fail to achieve this. It aims to attract the right people and back up its promises to shake things up.
- Independent coaches often lack the knowledge, resources, and mentorship to sustain momentum and client engagement, while ActionCOACH franchisees thrive due to continuous training and on-hand support, significantly boosting earnings potential.
- Joining ActionCOACH means investing in a model with a proven track record dating to 1993. Coaches actively taking part in continuous learning initiatives and attending seminars, making it a lucrative and stable career choice.
- ActionCOACH is offering its annual business conference, BizX, featuring world-class speakers and network opportunities, in Farnborough from the 2nd to the 4th of April 2025. Additionally, there will be an award ceremony to recognize people and businesses doing great things for their industry.
- ActionCOACH offers a bigger purpose, productive lifestyle, and a dynamic network that can transform an individual’s economic growth by becoming a franchisee, investor, or a national leader.
- It’s an excellent opportunity for business owners to overcome their challenges with little guidance, leading to stagnation or failure. Through franchising to investments, they can own a done-for-you business model that works for them with a community dedicated to enabling growth.
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Pymnts
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Discover CFO: Cautious Consumers Cause Slide in Card Volume
- Discover Financial Service’s third-quarter earnings results showed a decline in card volume due to cautious consumer behavior and credit-tightening actions taken by Discover.
- Payments volumes were down 4% overall, reflecting a slowdown in Discover card sales, while PULSE volumes were up 14% driven by an increase in debit transaction volumes.
- Personal loans were up 9% as consumers seek debt consolidation, indicating strong demand in that area.
- Total company-wide charge-offs were about 4.9%, higher than a year ago, but net charge-offs on the card side were down quarter over quarter, and delinquencies were in line with seasonal trends.
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Pymnts
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Subscription Platform Zuora Goes Private in $1.7 Billion Silver Lake Deal
- Subscription management platform Zuora is set to be acquired by tech investor Silver Lake in a $1.7 billion deal.
- The deal, in partnership with an affiliate of GIC, will make Zuora a privately held company.
- The investment reflects confidence in Zuora as a leader in monetization solutions for recurring revenue businesses.
- Zuora focuses on building essential relationships with customers in the subscription economy.
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Alleywatch
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The September 2024 US Venture Capital Funding Report
- In September, close to $7.5B was invested in US startups.
- The average early-stage round in the US for September was $3.4M.
- The average Series A round in the US for September was $22.1M.
- The average Series B round in the US for September was $24.2M.
- The average late-stage round in the US for September was $67.8M.
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Hitconsultant
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Pip Care Raises $5M for AI-Powered Surgical Journey Platform
- Pip Care, a company revolutionizing the surgical experience for patients and care teams, has raised $5 million in Series A funding.
- Pip Care combines a smartphone app with personalized coaching to guide patients through their surgical journey.
- The platform utilizes AI to provide surgery-specific instructions, remote monitoring, and personalized coaching.
- The funding will support the enhancement of the technology, expansion of the platform, and validation through clinical trials.
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Geek Wire
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Tech Moves: Expedia names new CTO; F5 adds board members; Humanly hires sales exec
- Ramana Thumu has been appointed as the chief technology officer for Expedia Group, overseeing engineering operations.
- Tara Mitchell has been named vice president of sales at Humanly, a Seattle startup specializing in recruiting automation.
- F5, a Seattle-based company, has added Maya McReynolds and Julie Gonzalez to its board of directors.
- Viral Thacker is leading a new ad sales and product group for Amazon's Twitch, according to reports.
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Npengage
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The Collaboration Continuum: How Funders Can Support Authentic Community Change Strategies
- Nonprofit organizations need to collaborate to serve overlapping client bases and to address complex social challenges, but genuine collaboration requires time, trust, and training.
- Funders have the responsibility of ensuring that collaboration efforts are successful, and they should support both the projects and the capacity of agencies to work together.
- There are different levels of collaboration, including referrals, partnerships, collaborations, and collective impact, with each representing varying degrees of cooperation between organizations.
- Funders should manage their expectations while fostering collaboration among nonprofits and approach it thoughtfully to ensure meaningful and sustainable relationships.
- Building trust and investing time and money are critical elements in the establishment of successful collaborations.
- Funders must be specific in what they want to see, and they must support agencies along their journey of working together and building trust.
- A structured approach to collaboration, collective impact involves organizations from different sectors coming together to solve a complex social problem with a unified strategy.
- Successful collaborations require non-financial and financial investment beyond funding for the collaborative project itself. Investing in the long-term health of these partnerships creates a stable foundation for lasting impact.
- Meaningful collaboration benefits both nonprofits and the communities they serve; funders should look into creating more change through partnerships that encourage and foster collaboration.
- By supporting open communication, transparency, and mutual respect, funders can help build trust among collaborating organizations and aid in the process of establishing successful collaborations
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The Total Entrepreneurs
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The Importance Of A Good Team: Lessons Learned From Founding Successful Startups
- Startups need to establish a great team to help them support the business from early stages.
- A good team is composed of employees that have unique strengths and complementing skills.
- They should also have mutual respect, trust and open communication to create a positive company culture.
- Having a shared vision that would resonate with all members of the organization is an important part of running a startup.
- A company vision should be easy to understand, inspiring and well-distributed across all applicable channels.
- Creating a shared vision should involve the whole team to get valuable insights from others as well as create a shared sense of ownership.
- The trust an organization establishes with its employees plays a major factor in how well they build relationships.
- Having open communication in a business helps all employees to feel confident and comfortable becoming an active voice in the business.
- Regular team meetings and direct one-on-one conversations ensures all essential topics are covered and help create a more personalized discussion.
- Startup owners should work to establish a shared vision and play to their strengths to achieve success.
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Inc42
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Suraasa Bags $6 Mn To Upskill Teachers For Global Opportunities
- Delhi NCR-based edtech startup Suraasa has raised $6 Mn in a funding round led by Reach Capital.
- The funds will be used to scale up operations globally, expand the team, and enhance the tech stack.
- Suraasa offers competency-based skilling programmes for teachers and aims to address the global shortage of qualified teachers.
- The global teacher training market is projected to reach $22.2 Bn by 2030.
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Medium
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The Promise and Challenge of Text-to-Code Technology
- Text-to-code technology has shown successes in generating code snippets, automating repetitive tasks, and aiding in writing functions.
- However, complex or nuanced instructions can pose challenges, leading to incorrect or inefficient code generation.
- Despite its setbacks, text-to-code technology offers rapid prototyping, cost savings, and increased accessibility for beginners.
- As AI and NLP improve, text-to-code systems may become more accurate and capable, potentially revolutionizing the way we interact with computers.
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TechCrunch
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Last-minute Expo+ 2-for-1 passes available for TechCrunch Disrupt 2024
- Last-minute Expo+ 2-for-1 passes available for TechCrunch Disrupt 2024
- TechCrunch Disrupt 2024 is just weeks away, and to ensure no one misses out on this highly anticipated event, Expo+ 2-for-1 passes are being offered for the final days leading up to the event.
- The offer allows attendees to bring a friend, colleague, or family member to Moscone West in San Francisco from October 28-30 for half the price of one pass.
- Expo+ pass holders will have full access to the Expo Hall, breakout sessions, Braindate meetings, Women of Disrupt Breakfast reception, and side events.
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Medium
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Emerging VC Talent: Edition 4, Alex Chung
- In the fourth edition of Emerging VC Talent, Alex Chung, Associate at Chai Ventures, shares insight on his professional background and career journey so far. Chung believes that both an athlete's mindset and grit and perseverance are vital to a founder's or investor's success. He is bullish on women in capital allocator roles and investing in women founders, stating that there is a massive wealth transfer taking place. Chung also anticipates that new companies will emerge and cater to an evolving consumer profile. The increased time spent on fundraising and securing capital can take time away from deploying capital, though junior professionals have the opportunity to add significant value by building relationships and sourcing LPs. Chung's mentor advised him to do research before speaking with someone and always send a thank-you note.
- Chai Ventures is a pre-seed and seed stage fund investing in women-led companies solving critical problems with businesses that deliver impact at scale across the high-growth sectors of better world, health and wellness, and human connection. Chung's career path has not been linear, but his curiosity to understand what excites people has always guided his choices. Chung's innate curiosity about consumer behavior has always guided his career choices. Chung believes that women are increasingly leading areas of spending and income, and in many countries, including the U.S, more women are graduating from college than men.
- Chung is training for the NYC marathon and states that sticking with something and putting in the reps will eventually lead to results. He notes that their fundraising journey at Chai Ventures involves talking to a set number of people each week and hitting specific milestones, focusing on doing a few things well rather than taking on too much at once and executing poorly. Chung anticipates that the emergence of a new class of companies will cater to an evolving consumer profile, and cherishes the opportunity to secure buy-in from his team and create value for those invested in.
- Market crashes have created difficulty in the private markets, especially for LPs whose capital is tied up in alternatives like PE and VC. Chung recommends building relationships with junior professionals at fund-of-funds, especially folks you may have alumni connections with, and setting up informational chats. He believes that meeting people in person is invaluable, leveraging LinkedIn, and a well-crafted cold message can go a long way.
- Chung is optimistic about women-led companies driving innovation in areas they understand best. Chung believes that the decision-making process for women is very different from the decision-making process of men. Women often seek more data points, recommendations from friends and online reviews, even for simple purchases like buying a pair of jeans.
- Chung champions Mimikai and Landing, the two companies he had strong conviction, and focused on figuring out how to genuinely be helpful and create value for these companies post-investment. Chung's mentor advises him to do research before speaking with someone and always send a thank-you note.
- More broadly, for junior people in venture, the increased time spent on fundraising and securing capital can take time away from the “fun” work — deploying capital. Chung thinks that junior professionals have the opportunity to add significant value by sourcing LPs and building relationships without overstepping, making themselves invaluable contributors to the fundraising process.
- When it comes to larger decisions, like investing or buying a home, Chung notes that preferences for women become even more pronounced. Chung is interested to see how macroeconomic trends will influence the market and what new companies will emerge. Chung believes that the same principle applies to growing a firm: focus on doing a few things well rather than taking on too much at once and executing poorly.
- Chung believes that junior folks in VC will be interesting to see how junior folks in VC respond to the increasing competitiveness for access to capital. Insights from professionals at fund-of-funds can create lasting relationships, build your network, and help navigate the fundraising process.
- Chai Ventures is committed to providing guidance for women in capital allocator roles and investing in women founders, Chung notes. In consumer behavior, Chung believes that women are increasingly leading areas of spending and income.
- Chung's mentor advises him to do research before speaking with someone and always send a thank-you note. Chung focused on creating value for companies by securing buy-in from his team and his investment's mission.
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