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StartupDaily
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Final Fantasy XIV’s director on how to maintain a ‘forever game’
- Final Fantasy XIV and Elder Scrolls Online are both examples of 'forever games', and both directors spoke at Melbourne International Games Week about their games' past 10 years.
- Both games have huge player bases of 24 million to 61 million, respectively.
- The directors have to balance the need to attract new players with keeping the existing ones happy.
- The Directors have different approaches to expansion - Elder Scrolls is looking to shake things up, and Final Fantasy is expanding cautiously, planning content up to two years in advance.
- Player feedback is essential for both games, with both walking a fine line that balances player demands with the game's broader needs to keep it engaging.
- The talks emphasised that both companies try to cater to broader categories of players with every change.
- At Asia Pacific conference, Elder Scrolls Director, Rich Lambert, voiced concern about its chapters becoming“formulaic”, and that is something they were looking to change going forward.
- Final Fantasy Director, Naoki Yoshida, has not expressed any broader notions of shaking things up but FFXIV is producing new content such as a new 24-player raid series.
- Players estimate that around 25% of Final Fantasy XIV’s player base attempts high-level raiding content.
- Harrison Polites reviews Final Fantasy XIV's savage raiding content, which is co-op based, tough to master and requires dedication, patience and precision, and rightly draws comparisons with brain surgery.
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TheStartupMag
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Scaling Operations: The Business Benefits of Upgrading Your Engine Lathes
- Older engine lathes can lead to frequent breakdowns, slow production, and rising costs hampering business efficiency and growth.
- Upgrading to modern lathes means optimized production processes and higher efficiency, thus meeting growing demands and staying competitive.
- Precision control, automation features and multitasking capabilities introduced in modern automation features speed up production and ensure manufacturing consistency.
- Advanced engine lathes are designed with enhanced control systems capable of producing better consistency, tighter tolerances and lesser defects.
- Newer machines operate more reliably and require less maintenance as compared to the old equipment, reducing downtime and maintenance costs.
- Upgradation also makes workplace safer for employees with built-in safety features that protect workers from injury, thus reducing liability claims.
- Future-proofing your business by upgrading to modern lathes enable integration with advanced systems like IoT, AI, and cloud-based data management to meet evolving market demands.
- Adapting to new challenges and opportunities helps businesses maintain a competitive edge, ensuring long-term success.
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TheStartupMag
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Streamlining Workflow Efficiency: Innovations and Insights
- Efficient workflows can significantly boost productivity and reduce stress.
- Adopting innovative tools and technologies is crucial for modern businesses.
- Both digital and physical workspace adjustments can enhance workflow efficiency.
- Understanding team dynamics and feedback optimizes process improvements.
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Medium
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Building in Public: A Year-Long Journey of Exploration and Development
- The author reflects on their journey of exploration and development over the past year.
- They emphasize the importance of choosing a path that allows for continuous learning and impact.
- Starting with a passion for art, the author shifted towards using technology to solve real-world problems.
- They are now focused on diving deep into Product-Led Growth (PLG) and sharing their journey publicly.
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9 Likes
Medium
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The whispers of small things
- While working in an Indian startup, the author discovered a hidden number that didn’t align with the narrative the startup had been pitching to investors.
- By uncovering the small detail, he changed the tone of the entire negotiation, proving that often, it’s the smallest oversight that shapes the big picture.
- The author also discussed how small, repetitive actions can build up to make significant change.
- He cites the great Indian epics, where small gestures, promises or decisions ultimately lead to the epic events described.
- Like William Shatner’s character in Boston Legal, the key to winning a case or argument is by finding the overlooked detail to unlock everything else.
- He also relates this to business strategies, where finding the core of what matters is more important than adding layers of complexity.
- The successful Global Capability Centers thrive by finding their core purpose, creating value, not just reducing costs.
- Winning isn’t about overwhelming others with grand gestures or dazzling displays. It’s about knowing what matters, focusing on it relentlessly.
- The smallest things not only shape outcomes – they reveal truth. And truth, when uncovered, has the power to reshape entire narratives.
- Life isn’t a race to accumulate, but a practice of discernment. Finding the thread that connects us to the grand tapestry of existence.
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Medium
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Seven Common Mistakes Founders Make With VCs
- Founders often make mistakes when pitching investors. First, they don't research the investor and firm they're pitching to, which can create a poor first impression.
- Second, they treat pitch calls as a monologue. A better approach is to treat calls with investors as a conversation, leaving room for dialogue and questions.
- Third, stating that you like an investor the most too early can come across as impersonal.
- Fourth, it's not beneficial to push VCs into making a decision too soon. Hasty decisions are not ideal for a long-term partnership.
- Fifth, founders should not follow-up too soon, especially when there isn't any meaningful progress.
- Sixth, founders ought to present a well-reasoned analysis that shows they have made calculated assumptions when estimating market size.
- Seventh, overlooking the competitive landscape and presenting an arbitrary table of features to highlight product superiority over competitors does not sit well with investors.
- Addressing these common mistakes thoughtfully can improve the quality of your pitch and foster stronger connections with potential investors.
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ISN
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Indian startups raised over $126 million from Oct 07 to Oct 12, 2024; Haber Nets tops the list
- Between October 07 and October 12, 2024, 27 Indian startups raised over $126.66 million in funding.
- Diverse sectors including AI, Healthcare, D2C, Biotech, Agritech, Gaming, Fintech, and SaaS attracted investments.
- Haber Nets led the funding round with $38 million, followed by Spry Therapeutics with $15 million.
- Strategic mergers and acquisitions took place, including Ozonetel acquiring CloudConnect Communications and eBikeGo purchasing Varcas Automobiles.
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ISN
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SaaS startup Toplyne shuts down, returns capital to investors
- SaaS startup Toplyne is shutting down after 3.5 years in business.
- The company will return capital to its investors.
- Toplyne struggled to achieve product-market fit despite its technology and client base.
- The focus is now on supporting employees and customers during the transition.
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Hackernoon
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The Impact of HackerNoon's Startups of The Year: Reflections from Last Year’s Nominees
- HackerNoon’s Startups of The Year is back for its third season, celebrating tech startups that have a positive impact on technology and the world.
- Last year’s nominees promoted their startup by sharing the news and encouraging voting for their company on social media platforms like LinkedIn, Facebook, and Twitter.
- They utilized their personal and company’s pages, wrote articles, ran campaigns, and even created a sense of urgency and competition to get people to vote for them.
- Nominated startups should promote their nomination and make use of the content to gain exposure and brag about their accomplishment.
- HackerNoon’s Startups of The Year is awarding the best startups of all sizes and shapes across 100+ industries, with community members having nominated over 150,000 startups from six continents.
- Winners will get a free interview on HackerNoon along with an Evergreen Tech Company News page.
- HackerNoon has curated startup-friendly packages to assist with brand awareness and lead generation.
- Meet the sponsors of the event - Wellfound, Notion, Hubspot, Bright Data, and Algolia.
- Startup owners that were not nominated can either self-nominate or wait to be surprised by their community with a nomination
- Find out more about the awards and nominations in the FAQ section.
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TechBullion
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Government, Startups, and Innovation: The Triad Fueling Northern Virginia’s Tech Growth
- Northern Virginia has emerged as a tech powerhouse that is leading the innovation industry and is not just a suburb of Washington D.C.
- The region owes its tech success to a trident comprising government initiatives, entrepreneurship, and groundbreaking innovations.
- The government's initiatives to foster an innovation-friendly environment and promote talent and investment have led to a steady increase in the number of startups in the region.
- Public-private collaborations and research parks have played a significant role in eradicating funding problems faced by startups in the early stages.
- Startups are disrupting traditional industries with their agility and fresh ideas, and as they continue to grow, they contribute significantly to the overall tech ecosystem.
- North Virginia is home to key industries like cybersecurity, information technology, biotechnology and defence contracting, enhancing innovation and attracting a vast talent pool that eager to innovate.
- The Startup boom and established companies have led to new jobs, stimulate consumer spending and see an overall increase in community development.
- The region faces challenges like rapid technological changes, talent acquisition, competition and skill gaps, but emerging fields like cybersecurity and artificial intelligence, public-private partnerships can mitigate these issues and set Northern Virginia on an even more promising trajectory as a leading tech hub.
- The strategic partnerships between government and startups continue to drive innovation and position Northern Virginia as a national leader in technological advancement.
- The future of technology looks bright in the region fueled by the triad partnership of government initiatives, entrepreneurship, and groundbreaking innovations.
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VIE Stories
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Ex-DealShare Cofounder Launches New Venture Sports For Life, Secures $1.1 Mn Funding
- Sports For Life (SFL), a new startup, launched by Sourjyendu Medda, has secured $1.1 million in funding.
- Medda, along with Khushboo Talukdar and Arman Tandon, formed SFL.
- Anshu Prasher, a partner of Whiteboard Capital, serves as an advisor to SFL.
- SFL aims to invest in sports academies in India to enhance the sports culture in the country.
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ISN
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Good Glamm Group acquires Sirona Hygiene for Rs 450 crore in all-cash deal
- Good Glamm Group acquires Sirona Hygiene for Rs 450 crore in all-cash deal
- The acquisition marks one of the largest exits for a D2C startup in India, specifically in the femtech space.
- Sirona employees benefit from early vesting of ESOP, while co-founders resign as active directors.
- Sirona is known for its innovative feminine hygiene products and efforts to break taboos.
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17 Likes
ISN
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MakeMyTrip, Go First fined Rs 19,000 after disrupting family's Thailand trip in 2013
- A District Consumer Disputes Redressal Commission in Chandigarh has fined MakeMyTrip and Go First Rs 19,000.
- The fine was imposed after a family's vacation to Thailand was disrupted due to flight cancellations and delays.
- MakeMyTrip argued it was not accountable for flight cancellations, while Go First did not participate in the hearings.
- The Consumer Commission ruled that both companies were liable and ordered them to refund Rs 8,900 and pay compensation of Rs 10,000.
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12 Likes
Yourstory
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Image Credit: Yourstory
SBI plans to enhance threshold limit under instant loan scheme for MSME sector
- State Bank of India (SBI) plans to enhance the threshold limit under the instant loan scheme for the MSME sector.
- The existing threshold of Rs 5 crore will be increased to further facilitate credit availability to MSMEs.
- The loan scheme, called 'MSME Sahaj - End to End Digital Invoice Financing', streamlines the loan application, documentation, and disbursement process.
- The aim is to simplify MSME credit and reduce the need for collateral, making it easier for informal MSME borrowers to access formal banking channels.
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Yourstory
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Sustainability, accessibility, education: Test your business creativity with Edition 157 of our weekly quiz!
- This edition of Lateral Sparks from YourStory focuses on the experiences of various Indian entrepreneurs as they tackle challenges across different sectors and industries.
- One of the areas explored is India's art market, in which Vaishnavi Murali's start-up, Eikowa, has found success selling works online and through two physical galleries in Hyderabad and Gurugram.
- Meanwhile, India Assist, founded by Harish Khatri, is a mobile assistant service that offers support to travellers across the country.
- Another business discussed in this edition is the JSW Foundation's Museum of Solutions in Mumbai, which aims to inspire children to become future change-makers through hands-on immersive experiences.
- Elsewhere, TapFin is a tech-enabled platform that offers financing and insurance services to companies within the sustainability ecosystem.
- Finally, HOGR is an AI-powered food discovery app that assists consumers in making informed choices from a range of restaurants and foods.
- Each business has unique solutions to its sector's challenges, whether it be democratising art or creating a more engaging museum experience for children.
- Successful entrepreneurs such as these remain key to unlocking fresh ideas and building innovative solutions to today's problems.
- Lateral Sparks is a weekly quiz that tests your business acumen and lateral thinking skills - see what you would do if you were in these entrepreneurs' shoes.
- At the end of the quiz, YourStory reveals what the entrepreneurs themselves did to resolve their business issues.
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