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Venture Capital News
Medium
6d
350
The GPU Advantage: How NVIDIA is Driving AI Innovation
- NVIDIA's flagship data center GPU, A100, offers exceptional performance for AI workloads.
- The H100, NVIDIA's latest data center GPU, pushes the boundaries of AI performance.
- NVIDIA's Jetson Series embedded GPUs power AI applications at the edge.
- NVIDIA's powerful GPUs and software ecosystem have played a pivotal role in shaping the AI landscape.
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StartupDaily
6d
252
‘Every dollar we raise, we treat like our last’: Zeller’s Ben Pfisterer on building a unicorn fintech with venture capital
- Zeller founder Ben Pfisterer has committed to treating every dollar raised for the fintech as if it were its last, despite the company's unicorn status.
- At Startup Daily and AWS Startups' recent Unicorn Day in Melbourne, Pfisterer spoke of his journey as a founder and shared insight on raising capital and building a successful startup.
- Pfisterer has spent his career in payments, including six years building Square in Australia for Jack Dorsey.
- Zeller has transformed business banking, taking away a major pain point in setting up payment terminals for merchants.
- Zeller was the country’s most valuable pre-launch startup in 2021 after a $50 million extension on its series A.
- Within a year it was the country’s most valuable pre-launch startup after raising $81 million, including a $50 million Series A extension.
- After just 10 months since launching a business banking solution, Zeller became a billion-dollar baby in 2022 thanks to a $100 million Series B led by US VC Headline.
- Pfisterer spent six years with Square before moving on to launch Zeller.
- Zeller's four co-founders came together in 2020, and despite Pfisterer's vast experience in payments, he admits to a fair bit of naivety when it came to the capital needed to succeed.
- If your passion is not translating into funding, Pfisterer says there are two possibilities when it comes to what’s going wrong: either improve your pitch, or just get on with your business.
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Medium
6d
385
Image Credit: Medium
From Networks to Data: An Anthropologist’s Journey into the Culture of Venture Capital
- Anthropology researcher Emily Tao delves deep into Venture Capital (VC) to understand its culture and practices.
- VCs largely rely on networking to create deal flow, whereby investors get around 75% of their investments from network-driven sources.
- Robust networks with domain-specific operators, investors and experts become crucial during the due diligence stage.
- Data-driven venture capital (DDVC) is an emerging practice reshaping the VC landscape.
- DDVC firms integrate data and machine learning into every aspect of their business.
- VC traditionally thrives on secret information, but DDVCs aims to change that by unlocking the black box with data.
- Diversity is still an issue in the VC industry, and data and AI exhibit bias. For instance, data's created by humans and algorithms mirror historical biases.
- DDVC is not a panacea for the human issues within VC, but it represents a cultural transformation.
- DDVC is not the only answer for the VC industry and is one that's still in its early stages.
- Interviewees such as Jenny Tooth, Rob Kniaz and John Spindler provided essential insights into the VC industry.
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23 Likes
Medium
6d
368
From Startups to Algorithms
- VC analyst with experience in dissecting startup business models and growth potential is now using those analytical skills in the field of quantitative finance.
- Transitioning from startups to financial markets, the shift opens up a new playground of assets and markets to analyze.
- The ability to process and interpret financial data on a larger scale and at faster speeds has greatly enhanced analytical capabilities.
- The combination of startup insights and quantitative techniques offers a unique perspective in the financial world, bridging two seemingly different areas.
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Medium
7d
132
Image Credit: Medium
Keeping it peachy in Atlanta, Georgia!
- Atlanta, Georgia is a strong cultural hub for American food, music and film. It is home to a number of iconic brands such as Waffle House, Chick-fil-A and Dunkin' Donuts and served as the childhood home of rap artists 2 Chainz, Ludacris, Migos, Future and Gucci Mane. The city is also the largest feature film producer in the US, overtaking Hollywood. Atlanta is the home to many active and former unicorns like Spanx, Calendly, and Mailchimp. Recently, Atlanta has become a magnet for tech giants like Apple and Airbnb. However, the lack of funding has limited Atlanta's growth as compared to New York and San Francisco, becoming the 15th for capital invested in the US.
- Atlanta's ecosystem supports start-ups and investors to flourish rapidly. The city has a history of entrepreneurship and a highly collaborative founder community. Some of the stand-out founders shaping the community are Paul Judge (Tuloko, Pindrop), H. Lamar Willis (Greenwood Project), and Jewel Burks Solomon (Partpic). Atlanta has become a natural home for fintech start-ups because of its strong payments infrastructure, while several cyber security start-ups such as Pindrop (voice security), Ionic Security (data protection), and Bastille (wireless threat detection) have emerged in the city. Other successful industries in Atlanta include healthcare, supply chain, and logistics.
- Atlanta needs an influx of capital to ensure that key talent and start-ups stay within the city. Limited funding has caused many founders to relocate to other cities like San Francisco and New York. An opportunity for venture capitalists to unlock the potential within Atlanta's educational institutes exists. Despite being the Southeastern hub for the region's only US Patent and Trademark office, more support is needed. The city is on track to become a top 5 US city for innovation.
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Medium
7d
360
Image Credit: Medium
SuiMao’s Grand Entrance: The Meme Token Taking Over the SUI Blockchain
- $SuiMao is a meme token on the SUI Blockchain, inspired by the cartoon cat, Mao Mao.
- SUI Blockchain offers speed, scalability, and a user-friendly experience for $SuiMao's community potential.
- 50% of the total $SuiMao supply will be burned after launch, creating scarcity and generating excitement.
- $SuiMao offers staking and governance features, allowing holders to earn rewards and have a say in project decisions.
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Saastr
7d
183
Image Credit: Saastr
37Signals: Our Employee All-Hands Retreats Cost From $3,500 to $6,274 Per Person
- 37Signals holds full-company meetups twice a year in different cities around the world.
- Hotels and flights are the biggest expense, accounting for about 85% of the total cost.
- The fully-burdened cost per attendee for SaaStr Annual is about $1,000, excluding hotels and flights.
- 37Signals believes these employee retreats are worth the cost, even though they may not be cheaper than having an office.
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Saastr
7d
82
Image Credit: Saastr
How AI Infrastructure Will Power the Future with Oracle and Bain Capital Ventures
- Oracle and Bain Capital Ventures discuss the importance of AI infrastructure for SaaS applications at SaaStr Annual.
- AI infrastructure encompasses silicon chips, data centers, models and developer tools.
- There are multiple models to choose from, built by OpenAI, Google and Anthropic, with more powerful engines available at no cost.
- Infrastructure buildout for AI is still in early stages compared to other technology cycles.
- Infrastructure buildout efforts are not trivial and require extensive amounts of power to achieve AI's possibilities.
- AI products will look and feel much different from current products.
- Pricing for AI products will change as per-seat pricing may not make sense due to the cost of inference.
- AI models will improve significantly in the next couple of years with significant upgrades in reasoning capabilities.
- AI will move from enhancing human productivity to performing tasks on behalf of humans.
- Oracle is working on a gigawatt data center across Europe and is making advances in the area of AI infrastructure.
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Medium
7d
286
Image Credit: Medium
How many AI investors know about the Efficient Compute Frontier?
- The Efficient Compute Frontier (ECF) represents the point at which additional compute power no longer produces significant improvements in AI model performance.
- Investors should prioritize companies that operate efficiently at scale, as further investments in computational resources after the ECF lead to diminishing returns.
- Efficiency in AI models is not only important for performance, but also for financial and environmental sustainability.
- The focus for AI investors should be on companies that prioritize human-centric solutions and AI's ability to enhance human capabilities.
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17 Likes
Medium
7d
269
Image Credit: Medium
Neurotechnology- a Friend or Foe of the Human Potential?
- Neurotechnology is a field that aims to monitor, understand, and influence neural activity by bridging the nervous system with technology in many ways.
- There are two main types of Neurotech: invasive and non-invasive. The field has the potential to redefine healthcare, personal wellness, and the ways we engage with the world.
- Invasive neurotech, including deep brain stimulation and brain-computer interfaces, is proving its potential in treating neurological conditions and improving quality of life for patients.
- Non-invasive neurotech, which does not require surgery, has a broad appeal for its versatility in enhancing cognitive health and wellness. It includes wearable neurofeedback devices and virtual reality tailored mindfulness experiences.
- Neurotech is not limited to those facing serious neurological conditions but can benefit anyone seeking a solution to improve their quality of life. Neurotech offers promising solutions such as managing mental health, stress, enhancing focus, and improving sleep quality.
- The neuroscience market is growing, and neurotech is moving at a faster pace. It falls under the massive neuroscience market valued at $612bn in 2022, expected to grow to $721bn by 2026.
- With its reach into our most personal domain, the mind, neurotechnology raises justified concerns about privacy, ethics, and control. Its purpose is to heal, empower, and transform lives; we can co-create Neurotech's future with care and vision.
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16 Likes
Medium
7d
78
Image Credit: Medium
Neurotechnology: A Friend or Foe of Human Potential?
- Neurotechnology seeks to bridge the nervous system with technology.
- There are two types of neurotechnology: invasive and non-invasive.
- Invasive neurotech includes “brain chips” that allow individuals to control digital devices with their thoughts.
- Invasive neurotech is also proving beneficial in treating neurological conditions such as Parkinson’s disease, chronic pain, epilepsy, and depression.
- Non-invasive neurotech uses magnetic fields, electrical signals or light to monitor brain activity or nudge it in a desired direction.
- Non-invasive neurotech is beneficial for mental health support, focus and relaxation, and sleep.
- Neurotechnology is beneficial to anyone seeking solutions to improve their quality of life.
- Neurotechnology falls under the neuroscience market that was valued at $612 billion and is expected to grow to $721 billion by 2026.
- Neurotechnology has enormous potential to transform and empower lives.
- The ethical implications of neurotechnology require sophisticated oversight.
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Saastr
7d
157
Image Credit: Saastr
Dear SaaStr: How Do I Know if a VC Is Asking For Too Much Control in a Financing Round?
- A board of directors that isn’t roughly proportional to the equity owned & purchased.
- Seed investors that want too much control.
- Tranched funding where a lot of the funding is contingent on hitting later milestones.
- Asking for any veto rights or their own “protection provisions” if they don’t buy a majority of the shares in a given round.
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9 Likes
SiliconCanals
7d
353
Image Credit: SiliconCanals
The Hague-based 4impact Capital closes second fund at €68M; will focus on these areas
- The Hague-based venture capital firm 4impact Capital has closed its second fund (Fund II) at €68M, with support from the European Investment Fund (EIF) and Invest-NL.
- EIF invested €17.5M, while Invest-NL contributed €7.5M, with €5M already committed in 2023.
- The fund aims to invest in innovative software companies, primarily in climate technology, as well as companies focused on inclusion, health, and wellbeing.
- 4impact Capital, founded in 2019, focuses on supporting entrepreneurs in the Seed to Series A phase, primarily in Europe, with a strong emphasis on the BeNeLux, the Nordics, and the German-speaking region.
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21 Likes
Medium
7d
369
CrossBridge Bio: Innovating Cancer Treatment with Dual-Payload ADCs
- CrossBridge Bio is developing dual-payload ADCs to target tumor heterogeneity and resistance in cancer treatment.
- Their lead candidate, CBB-120, utilizes two different payloads within a single ADC to maximize therapeutic effect.
- CrossBridge Bio aims to enhance efficacy while reducing side effects by delivering both agents together in a targeted manner.
- The company's highly stable linkers ensure precise drug release, mitigating safety issues associated with ADCs.
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22 Likes
Medium
7d
29
Major Market Movements and Tech Earnings
- Intel shares rose 6% after beating revenue expectations, while Apple stock dipped 1% following earnings that fell short of forecasts.
- HSBC announced a 9.9% increase in Q3 pretax profit to $8.48 billion and revealed plans for a new $3 billion share buyback program.
- In the cybersecurity sector, Sophos agreed to acquire Secureworks for $859 million, while Pockit plans to acquire mobile banking provider Monese.
- TVS Motor reported a 13% increase in total sales for October 2024, reaching 489,015 units, with electric vehicle sales surging by 45% compared to October 2023.
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