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Andrew Chen

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Every marketing channel sucks right now

  • The article discusses the challenges faced by startups in the current marketing landscape.
  • Common marketing channels like SEO, influencer marketing, PR, email marketing, viral loops, referral/affiliate marketing, and big launches on social media are critiqued for various reasons.
  • The Law of Shitty Clickthroughs is referenced, indicating that over time, all marketing strategies result in declining effectiveness.
  • Startups are advised to focus on 'Little Channels' rather than traditional, mature marketing strategies which may already be saturated.
  • The importance of having a good product is emphasized, as even the best marketing strategies cannot compensate for a poor product.
  • Embracing novelty, taking risks with branding, and leveraging new technologies for marketing are encouraged as ways to stand out in a competitive market.
  • The article concludes with a hopeful tone, suggesting that innovation and creativity can help navigate the challenges of the evolving marketing landscape.

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Inc42

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Ola Electric Ropes In EY India To Overhaul Distribution Network

  • EV major Ola Electric has hired consulting firm Ernst & Young (EY) to overhaul its distribution network.
  • Ola Electric aims to achieve regional compliance and improve same-day deliveries with its 'HyperDelivery' offering.
  • This partnership is the second time Ola Electric has hired EY to address service-related issues and regulatory compliance.
  • Ola Electric is in the process of applying for trade certificates for all of its stores in Maharashtra to ensure compliance with the law.

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Inc42

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Indian MSMEs Wary Of AI Leap Due To Data Privacy Concerns: Tally Solutions’ Tejas Goenka

  • Trusting AI technology is a major challenge for Indian small and medium-sized businesses due to data privacy concerns.
  • There is enthusiasm around AI but it is also accompanied by concerns about how sensitive business data is being used.
  • AI tools may produce inaccurate results due to the unstructured nature of much of the data.
  • Tally Solutions is integrating AI into its products to enable simpler user experiences while ensuring data privacy.

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TechCrunch

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Tired of doing laundry? These startups want to help.

  • NoScrubs and Rinse are two startups aiming to revolutionize the laundry industry.
  • NoScrubs offers an on-demand laundry delivery service, while Rinse provides laundry and dry cleaning services.
  • NoScrubs has raised $2 million in a pre-seed round and is currently available in Austin.
  • Rinse, known as the 'Uber of laundry,' operates in several major U.S. cities and has raised over $70 million since its establishment in 2013.

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TechCrunch

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Artisan, the ‘stop hiring humans’ AI agent startup, raises $25M — and is still hiring humans 

  • Artisan, the AI sales agent startup founded by 23-year-old Jaspar Carmichael-Jack, raised $25 million in a Series A funding round led by Glade Brook Capital.
  • Other participants in the funding round included Y Combinator, Day One Ventures, HubSpot Ventures, Oliver Jung, Fellows Fund, and others.
  • The company, known for its 'Stop Hiring Humans' campaign, faced backlash but still employs 35 humans and is hiring more.
  • Despite the campaign, Carmichael-Jack believes human labor is valuable alongside AI technology.
  • Artisan experienced customer churn in the AI sales development representative (AI SDR) market, but claims to have improved its product, Ava, to reduce errors.
  • The company has 250 customers and $5 million in annual recurring revenue, with plans to launch new AI agent products Aaron and Aria by the end of 2025.
  • Artisan has learned not every company is suitable for AI SDR, with some industries not being a fit for their services.
  • They emphasize qualifying customers carefully to ensure success, targeting a 1% response rate.
  • Artisan leverages a proprietary database of brick-and-mortar businesses and offers a new 'success-based pricing' option with Paid.ai.
  • The company aims to provide value to customers and is focusing on improving sales automation and targeting outreach efforts more effectively.

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ISN

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Jaipur-based luxury jewellery brand Raniwala 1881 partners with Francorp to expand its retail presence

  • Jaipur-based luxury jewellery brand Raniwala 1881 has partnered with Francorp to expand its retail presence.
  • The collaboration aims to grow the brand's legacy through a structured franchise model.
  • Raniwala 1881 will adopt both Franchise-Owned, Franchise-Operated (FOFO) and Franchise-Owned, Company-Operated (FOCO) models.
  • The partnership will allow the brand to expand while preserving its exclusivity and commitment to craftsmanship and regal design heritage.

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TechCrunch

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Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech

  • Nuro has raised $106 million in funding to scale its autonomous driving technology and grow its commercial partnerships.
  • The funding round brings Nuro's total funding to $2.2 billion and its valuation to $6 billion.
  • Nuro is shifting its focus from delivery robots to licensing its self-driving technology to automotive OEMs, commercial delivery fleets, and ride-hail companies.
  • The company's investors include T. Rowe Price Associates, Fidelity Management & Research Company, Tiger Global Management, Greylock Partners, and XN LP.

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Eu-Startups

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Only 4% are in it for the money: What really drives Europe’s startup Founders?

  • 72% of founders say becoming a Founder is the hardest thing they’ve ever done.
  • 75% of founders report working more than 60 hours a week, while nearly one in five routinely exceed 80 hours.
  • The study reveals that 94% of founders in Germany work over 60 hours a week, and 38% exceed 80 hours.
  • Despite the sacrifices, only 4% of founders cite financial reward as their main motivation, with the majority driven by the opportunity to build something that matters.

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Unboxing Startups

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Maximizing Efficiency with Smarter IT Solutions

  • Managing technology resources effectively is essential for modern businesses.
  • Streamlining IT inventory tracking through automation and centralized database helps maintain control over digital assets.
  • Reducing costs with smarter resource allocation by analyzing usage patterns and preventing unnecessary expenses.
  • Enhancing security, compliance, scalability, and supporting employee productivity through efficient IT management.

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Futurefundraisingnow

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How self-centered brands make nonprofit websites weak

  • Nonprofit websites often reveal a message of self-centeredness instead of focusing on the donor.
  • The large 'hero' image on the homepage should tell a story that includes the donor, emphasizing their ability to make a difference.
  • Headlines should focus on the donor's power to bring about change, rather than just showcasing the organization's accomplishments.
  • The 'About Us' content should shift the focus from the organization to the donor, highlighting the impact they can make through giving.
  • Donate buttons on the website should be easily accessible, prominent, and clearly state the purpose, making it easy for donors to contribute.

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ISN

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EV giant Ola Electric hires EY to strengthen regional compliance amid retail expansion: Report

  • Ola Electric has hired Ernst & Young (EY) to strengthen regional compliance as it expands its retail network.
  • The company is transitioning from a warehouse model to direct-to-store retail, aiming to reduce delivery times and improve inventory management.
  • EY will assist Ola Electric in standardizing procedures, addressing regulatory hurdles, and ensuring expansion remains on track.
  • Ola Electric registered 344,005 scooters in fiscal 2025, capturing 30% of India's electric two-wheeler market.

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TechCrunch

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The complete agenda for TechCrunch Sessions: AI unveiled

  • TechCrunch is hosting a one-day event, TechCrunch Sessions: AI, on June 5 at UC Berkeley for 1,200 participants focusing on AI in tech.
  • The event features top minds like Anthropic co-founder Jared Kaplan, Databricks co-founder Ion Stoica, and executives from ElevenLabs and DeepMind.
  • Discussions at the event cover AI transformation, startup funding in AI, AI ethics, foundation models, and product launches against incumbents.
  • Breakout sessions include topics like working with OpenAI, secure generative AI, AI policy for startups, compliance, and global expansion.
  • Speakers will share insights on building innovative solutions with AI models, and founders will discuss navigating the competitive AI landscape.
  • Attendees can join deep-dive AI conversations, interactive Q&A sessions, and save up to $210 with Early Bird ticket rates.
  • The event aims to provide valuable insights for founders, CEOs, entrepreneurs, investors, and anyone involved in shaping the future of AI.
  • Book your Early Bird Pass to secure discounted rates, connect with industry experts, and gain knowledge about the evolving AI industry.

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ISN

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Indian govt introduces new Aadhaar app with Face ID authentication; now no need to carry a physical card

  • The Indian government has introduced a new Aadhaar app with Face ID authentication.
  • The app allows people to prove their identity by scanning a QR code and showing their face to their phone's camera.
  • The app eliminates the need for physical Aadhaar cards and photocopies for verification.
  • The app is currently being tested and will be launched nationwide after user feedback and software improvements.

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Medium

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Announcing LH Fund IX

  • Lerer Hippeau has announced LH Fund IX, a $200M fund exclusively focused on early-stage investments.
  • This fund will continue to support pre-seed and seed companies with a talent-driven and generalist investment approach.
  • The raise marks 15 years since Lerer Hippeau's inception, coinciding with significant changes in New York's tech ecosystem.
  • The venture capital landscape in New York has evolved from a cottage industry to a mainstream asset class over the years.
  • Lerer Hippeau's origin story reflects a time of collaborative innovation and belief in New York as a major tech hub.
  • Their investment strategy focuses on exceptional founders tackling evolving markets with unique insights.
  • The team's ability to adapt to industry changes and invest in diverse sectors has been key to their success.
  • Lerer Hippeau prioritizes partnering with founders to envision and build potentially groundbreaking businesses.
  • Their experience and improved pattern recognition contribute to identifying fruitful opportunities for investment.
  • The company remains committed to serving as a founder's trusted institutional partner for the long term.

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Inc42

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Sarvam AI Cofounder Vivek Raghavan Bats For ‘Sovereign AI’

  • India must focus on building a 'sovereign AI' ecosystem to ensure autonomy over its data, according to Sarvam AI cofounder Vivek Raghavan.
  • Sarvam AI has launched India's first open-source foundational language model, Sarvam 2B, focused on Indic languages.
  • Raghavan's advocacy for sovereign AI comes amid rising calls in the country to avoid 'digital colonialism' and compete with global AI market leaders.
  • India is looking to build a domestic large language model (LLM) under the INR 10,370 Cr IndiaAI Mission.

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