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StartupDaily

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Student tech education platform Grok Academy lives on, acquired by KIK Innovation

  • Schools-focused digital skills e-learning platform, Grok Academy, has been acquired by KIK Innovation.
  • Grok Academy survived a scandal involving allegations of inappropriate behavior by its founder and former CEO, Dr James Curran.
  • KIK Innovation, known for the tuition-free coding school 42 Adelaide, bought Grok Academy after its previous backers withdrew their support.
  • KIK Innovation aims to continue Grok Academy's mission of empowering students through transformative digital education and achieving diversity and inclusion.

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Saastr

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Top SaaStr Posts and Videos of the Week: A16Z, Ironclad’s CEO, HubSpot’s CRO, YCombinator’s Secrets, and More!

  • Top Posts:

    #1. Inherent Churn vs. Fixable Churn: You Have to Attack Both
    #2. We Just Left a Vendor We’ve Used for 5+ Years.
    #3. How Many Sales Reps You Really Need for Next Year
    #4. Is SaaS Back?
    #5. 4 Truly Great SaaS IPOs Since 2021!

    Top Videos and Podcasts:

    #1. 5 Things That Are Working and 5 Things That Aren’t in B2B SaaS AI with Ironclad’s CEO and a16z
    #2. What It Really Takes to Sell To Developers and Engineers with Komodor CRO Jim Hunnewell
    #3. How To Perfectly Pitch Your Seed Stage Startup With Y Combinator’s Michael Seibel
    #4. From Outbound to Channel Partnerships: Your Burning Sales Questions Answered by Jason Lemkin
    #5. How to Train Your Sales Leaders with Michelle Benfer, ex-CRO Bill and HubSpot

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Medium

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Honest Reflections from Joining NUS Medicine’s Startup Accelerator

  • Marymount Labs has grown from an idea to a revenue-generating business, supporting GP clinics with their software OpenGP.
  • They learned that pivots are important and should be based on clear value propositions.
  • Instead of chasing perfection, they focused on minimum viable activities to deliver value.
  • Marymount Labs is planning to expand into specialist care and insurance markets in the future.

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Saastr

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Dear SaaStr: What Are Some Ways to Keep Investors From Firing You?

  • Founders tend to worry a bit too much about getting fired but most investors don't want to fire founders as it increases risk and they usually don't have a better replacement.
  • VCs may only fire founders in extreme cases such as stealing, deep toxicity, sexism, burning up cash with no ability to fundraise, or lying.
  • To avoid being fired, founders should have board-approved salary and expenses, send monthly investor updates with full metrics, share cash date and burn rate, and avoid running out of money.
  • The key is to avoid surprises and maintain transparency with investors.

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Medium

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The Race to Decode Animal Communication

  • Research groups are making progress in decoding animal sounds, such as sperm whale click trains and humpback songs.
  • Decoding animal communication requires large datasets, but currently, there are limited amount of whale vocalizations available.
  • Advancements in animal communication are expected by 2025, similar to the momentum in startups, thanks to affordable recording devices and comprehensive data collection.
  • The goal is to decode animal communication rather than directly translating it into human equivalents.

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Medium

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The Hollow Promise of India’s Impact Investment Ecosystem

  • The Indian impact investing sector presents itself wrapped in glossy promises of “transformative capital” and “mission-aligned funding.” However, the ground reality reveals a troubling disconnect.
  • Major funds prioritize safe business models that replicate existing solutions rather than supporting grassroots innovation and bottom-of-pyramid solutions.
  • Cohort programs in the sector have abysmal funding ratios, demand significant time and resources from founders, and rarely translate into meaningful funding opportunities.
  • The current system harms impact entrepreneurs by pushing them toward mission drift, depleting their resources, stagnating innovation, creating brain drain, and missing opportunities to address critical social challenges.

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Medium

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Appearance art and personality

  • Zahoor Nazar and Syed Shahab Dehlvi, two notable individuals from Bahawalpur, have made significant contributions to the fields of Urdu poetry and literature.
  • Zahoor Nazar, an esteemed Urdu poet, has unfortunately been forgotten by many, but his work has been the subject of a recent PhD thesis by Dr. Khaliq Tanveer.
  • Zahoor Nazar's mother, upon learning of her son's involvement in theft, sold their belongings and moved to Qadian with the hope of guiding him back onto the right path.
  • However, societal judgment pushed Zahoor Nazar to finally bid farewell to Qadian and settle in Bahawalpur, where he spent the rest of his life.

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Medium

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SIESTALTSIC TO ARISTO

  • A group of people visited the zoo in Aburar and enjoyed seeing various animals and birds.
  • They witnessed birds chirping and floating waterfowls in the clear water.
  • They also encountered jackals, foxes, and rode an elephant with fear.
  • The visit to the zoo was described as very enjoyable.

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Medium

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Harvard in Tech AI Edition: Amy Sun, founder and CEO of Briefly and former partner at Sequoia

  • Amy Sun, founder and CEO of Briefly, studied economics at Harvard but was drawn to the tech scene.
  • After working in product marketing at Microsoft and joining Uber during its growth phase, she gained insights into startup culture and scaling tech companies.
  • At Meta, she worked on consumer-facing products like Stories, expanding her perspective on product development.
  • Amy's frustration with inefficiencies in note-taking during meetings led her to create Briefly, an AI-driven productivity tool.

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Medium

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Day 5: Why Choose Core Various?

  • Core Various offers secure, transparent, and tamper-proof transactions through blockchain technology.
  • It operates globally, providing unlimited growth potential and access to innovative features like smart contracts and crypto wallets.
  • Joining Core Various requires a low barrier to entry and offers passive income opportunities through staking, commissions, and referrals.
  • In addition to financial independence, it provides cutting-edge blockchain education and a community of forward-thinking entrepreneurs.

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Medium

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*New Direction of the Events and How the Vehicle Affects People and Society.

  • Vehicles have played a significant role in shaping society and impacting people's lives.
  • They have contributed to economic growth, urbanization, global connectivity, and environmental challenges.
  • The future of vehicles is likely to be shaped by technological advancements such as electric vehicles, autonomous vehicles, and shared mobility.
  • While vehicles bring benefits, there is a need to address the environmental and social issues they create.

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Medium

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Unlock Your Team's Potential and Elevate your staff's skills and knowledge with our interactive…

  • Participants gained understanding of the impact of emerging trends on talent acquisition
  • Strategies to attract and retain diverse talent were learned
  • Leveraging technology for efficient recruitment was explored
  • The importance of employer branding and candidate experience was emphasized

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VC Cafe

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The potential of Mini Apps to disrupt App Distribution as we know it

  • App distribution is broken due to increasing costs, strict privacy regulations, and fragmented audiences. Epic’s victory over Apple paved the way for downloads from third-party sources.
  • Telegram Mini Apps are emerging as a solution for game developers that are lightweight and web-based. These mini Apps offer instant engagement without downloads, transforming Telegram into a platform for monetisation and interaction.
  • Several potential benefits for game developers include in-chat games, built-in virality, and frictionless onboarding. Gaming has the potential to be one of the most successful sectors in this space.
  • Discord has more than 200 million monthly users who spend 1.5 billion hours every month playing games while communicating on the platform.
  • Discord is a developer-friendly ecosystem that allows seamless integration of social features into their games, fostering interaction and community building.
  • Discord Activities App Store is still in its infancy and challenges remain about monetisation and in-app purchases, limited play testing and rollout features, as well as engagement hurdles.
  • Telegram Mini Apps and Discord’s Activities App Store provide exciting alternatives for game developers to reach and engage users, bypassing traditional app store constraints while leveraging the power of social platforms.
  • However, challenges around adoption, monetisation, and scale remain.
  • Remagine Ventures seeks to invest in the future of gaming and is looking for visionary founders building innovative solutions in this space.
  • Evolution of gaming distribution through platforms like Telegram Mini Apps and Discord’s Activities App Store is just beginning.

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Medium

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The Art of Building a Product that Scales

  • Before scaling, product-market fit is crucial.
  • Flexible architecture and adaptability are key for scaling.
  • Data-driven decision making is important for scaling.
  • Building a capable and diverse team is essential for scaling.

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Saastr

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Dear SaaStr: When Does It Make Sense to Price Low in the Market?

  • For most SaaS apps, it is recommended to start with 'just right', Goldilocks pricing.
  • Too high a price adds friction to the sales process while too low a price can undervalue the app.
  • Once the deal size is > $5k-$10k, leaving room for discounting is necessary to avoid adding friction.
  • Getting pricing right in the early days can accelerate sales and increase deals closing faster.

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