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Venture Capital News
Medium
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338
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Did Venture Capitals Stop Investing in Crypto?
- Venture capitals invest in many different projects and do not risk putting all their money into one project.
- Deal counts for crypto start-up investments have declined considerably compared to early 2022, indicating less interest from venture capitals.
- Crypto venture capitals have invested significantly lower capital into later stage start-ups after mid-2022.
- Venture capitalists are selective about investing, focusing on stable and established assets like Bitcoin and Ethereum.
- Many venture capitals are choosing to invest in sectors with utility and long-term growth potential, such as AI-related crypto projects and infrastructure.
- Challenges impacting venture capitalist investment in early-stage crypto projects include regulatory uncertainty and market volatility.
- However, innovative blockchain technologies across various industries promise to make the future of the crypto industry highly promising.
- Blockchain technology has the potential to revolutionize the security and scalability of various technological fields, including cybersecurity and supply chain management.
- AI-related crypto projects, rendering decentralized computing and data management, are gaining ground.
- Decentralized identification systems offer personal identity security and individual autonomy.
- NFT-based blockchain games and monetised virtual worlds are revolutionising gaming ecosystems.
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Medium
4w
40
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Unique Floating Markets in Thailand You Must Visit
- Damnoen Saduak Floating Market: Located in Ratchaburi Province, it is the most famous floating market in Thailand. It offers a vibrant scene of long-tail boats selling fresh produce and local delicacies.
- Amphawa Floating Market: Located in Samut Songkhram Province, it provides a more authentic experience compared to Damnoen Saduak. It is known for its candlelit boat tours and grilled seafood.
- Taling Chan Floating Market: Hidden gem in Bangkok, this market is open only on weekends and offers a local vibe. Try boat noodles and enjoy activities like fruit carving.
- Khlong Lat Mayom Floating Market: Located in Bang Khae, Bangkok, it is a lesser-known market with a serene atmosphere. It offers fresh fruits, Thai sweets, and local dishes.
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Medium
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374
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“SunDollar Initiative: A Clean Tech Crypto Revolution”
- The SunDollar is a pioneering clean-tech cryptocurrency, designed to be as environmentally friendly as it is economically viable. It harnesses the power of the sun and other renewable sources—solar, wind, and hydroelectric energy—to fuel a digital economy that thrives on sustainability.
- SunDollar aims to bring clean technology to every community by partnering with K-12 schools, community colleges, and universities.
- The SunDollar blockchain will be organized around nodes powered by clean energy sources.
- To ensure optimal energy efficiency and environmental impact, SunDollar integrates cutting-edge algorithms.
- SunDollar is not just for the tech elite—it is a cryptocurrency accessible to everyone.
- SunDollar’s operations are rooted in solar-powered authentication and verification, ensuring every transaction is secure, green and renewable.
- By tapping into the power of the sun, wind, and water, SunDollar will pave the way for an inclusive, eco-friendly financial system that not only improves economic stability but also enhances the quality of life for individuals everywhere.
- SunDollar is more than a cryptocurrency—it is an educational and economic empowerment tool.
- The universal income model tied to SunDollar will not only help individuals but also local businesses.
- Each node represents a vital link in the decentralized SunDollar network, ensuring security, transparency, and speed across all transactions.
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Medium
4w
383
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“Unyielding Drive: The Role of Tenacity and Relentlessness in Entrepreneurship”
- Embrace Your Tenacity: Tenacity is more than persistence; it’s about gripping your goals with a resolve that refuses to weaken, regardless of the obstacles.
- Relentlessness in Action: Being relentless means continuously driving your business forward and treating every interaction and project as crucial to the success of your venture.
- Guarding Your Work: Assert the value of your work and expertise in competitive industries, standing firm in professional encounters and negotiations.
- Building Respect: Earn respect by demonstrating tenacity, delivering on promises, and exceeding expectations.
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Medium
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330
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
4w
249
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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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Saastr
4w
410
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The Top SaaStr Content of the Week: CEO Klaviyo, CRO Slice, CRO Rippling, HyperFunctional SaaS, and So Much More!!
- The top SaaStr content of the week includes insights from CEOs and CROs of leading SaaS companies.
- The SaaS era of 2013-2022 is over, marking the rise of hyperfunctional SaaS.
- More customer success departments are reporting to Chief Revenue Officers (CROs).
- Less than 1% of sales executives have shown interest in SaaS offerings, indicating a potential decline in the industry.
- Klaviyo CEO shares insights on building a product customers love and driving significant revenue.
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24 Likes
Saastr
4w
312
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Dear SaaStr: Why did Jason M. Lemkin Change his Point of View on The Value of a COO for Earlier Stage Startups?
- Jason M. Lemkin changed his perspective on the value of a COO for earlier stage startups.
- Lemkin believes that CEOs should assemble a strong management team instead of complaining about not being able to handle all responsibilities themselves.
- However, he now realizes the complexity of scaling after $10m-$20m ARR and the importance of hiring a great COO to accelerate growth.
- Lemkin suggests hiring a strong COO between Management Team 1.0 and Management 2.0 to scale faster.
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Medium
4w
71
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The Best Ways for Entrepreneurs to Attract Venture Capital Investment
- Venture capitalists invest in ideas as well as people particularly those who have a deep understanding of the industry.
- Ensure that previous successes, relevant industry experience, and unique skills of team members are highlighted clearly in pitch.
- Create a pitch deck detailing your business model, USP, market opportunity, growth strategy, revenue potential, etc.
- Confidence and passion for your business demonstrated by rehearsed pitch and ability to answer tough questions are essential for getting VCs on board.
- Share data on the total addressable market (TAM) and explain how your business could address that market need to attract VCs.
- Demonstrate MVP and early traction to show that you have tested your product, concept validation, and market interest.
- Use networking to build strong relationships with VCs before seeking funding and follow up persistently after meetings.
- Knowing your competition is important to articulate your USP and how your solution is different or better.
- Pay attention to timing, especially during economic downturns, to align your fundraising efforts with the company’s growth stage.
- Each interaction with investors is an opportunity to apply feedback and strengthen your approach even if it does not result in an investment.
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4 Likes
Medium
4w
49
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Igbo Apprenticeship System: A Blueprint for Wealth Creation
- The Igbo apprenticeship system, known as the Igba Boy system, is a mentorship-based approach to wealth creation.
- Under this system, young apprentices learn business skills from experienced mentors over a period of five to seven years.
- At the end of the apprenticeship, apprentices receive capital to start their own businesses, leading to economic independence.
- The Igba Boy system has contributed to the economic development of the Igbo people and transformed entire communities.
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2 Likes
Medium
4w
98
“The Importance of Market Research for Startups: Laying the Foundation for Success”
- Market research is crucial for the success of startups, as 42% fail due to a lack of market need.
- Startups that use thorough market research have a higher chance of adjusting strategies and meeting market demands.
- As startups scale, market research becomes even more critical, ensuring a smoother transition and higher success rates.
- Continual market research leads to higher growth rates for companies, according to a study by McKinsey.
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5 Likes
Medium
4w
401
The Rise of Crowdfunding: How It’s Democratizing Investment
- Crowdfunding has become popular in the investment landscape and has revolutionized how startups raise capital.
- There are two types of crowdfunding; equity crowdfunding gives investors shares, while reward-based crowdfunding allows people to buy products from a company that is in its initial production cycle.
- Crowdfunding has allowed people to invest in real estate, art, and other industries, democratizing opportunities once restricted to a select few.
- Although crowdfunding has been beneficial for many companies, there are also risks associated with investing, such as lack of liquidity and high failure rates.
- Startups such as Oculus VR and Allbirds have successfully raised capital on crowdfunding platforms.
- New platforms such as Masterworks allow individuals to invest in high-quality artwork for as little as $500.
- Crowdfunding has had a social and economic impact, enabling individuals from diverse backgrounds to finance their dreams, contributing, and generating funds for their philanthropic efforts.
- Crowdfunding has the potential to reshape global sectors, ushering in new opportunities for economic growth and societal impact.
- Increased inclusivity and transparency make crowdfunding a valuable resource for both investors and entrepreneurs.
- The failure rate of crowdfunded businesses or campaigns is high, ranging between 60% to 70%.
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Saastr
4w
276
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At Even $50k in MRR, Running Out of Money Is No Longer an Excuse
- Getting to the first $1m-$1.5m in ARR for startups is a challenge. At around $50k monthly recurring revenue (MRR) startups are caught with not enough revenue to make it, but too much revenue to quit.
- At $50k MRR, startups can pay for a couple of engineers and sales employees and a crummy office, but not much else. It's important to take a deep breath and settle in at this point.
- It's recommended to upgrade one position, such as hiring one great sales rep or one amazing engineer. Don't try to fix everything, just one core position to upgrade.
- Don't listen to any VC negativity or doubts. If startups get to $1.5m or $2m in ARR, growing 8-10% a month in a good space, they will be successful.
- To achieve success, startups should drive upmarket by doubling pricing for customers. If bigger customers are wanting to buy more, don't lose the confidence to ask for more money. Spending more time with customers is important for startups to learn how to grow faster.
- At $50k MRR, there is zero excuse to fail, so the talk about optionality is banned. The best SaaS companies scale faster than ever today, but product-market fit is harder to achieve than ever.
- Founders should never blame VCs for running out of money. It is the founders' runway, so they should not waste it. Founders should never expect someone to extend it for them.
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Medium
4w
67
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JetLend to Launch “Crowdventure” Service for Russian Startups
- JetLend is planning to launch a new service called "Crowdventure" for Russian startups, allowing regular individuals to invest in startups by pooling their money together.
- The service is similar to crowdfunding, where investors receive a stake in the company instead of traditional rewards.
- The official launch of the service is planned for 2025, giving JetLend time to refine and test the platform.
- Investing in startups through crowdfunding can offer opportunities, but investors should be aware of the risks involved and do thorough research before investing.
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