The holidays are in full swing. So when people go on vacation, they might start receiving auto-reply emails.
But don’t let a relatively quiet holiday stop you from fundraising. According to DocSend’s report on funding trends, young startups don’t seem to be getting as much attention. This means that they have been trying to attract investors’ attention without success. For example, investors are spending less time on the “product” and “business model” slides, and significantly more time on the “competitor” slides.
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Now is the perfect time to brush up your pitch deck, practice your pitch, and be ready for when it starts again next year, writes resident pitch deck expert Haje Jan Kamps.
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As I wrote last week, if startup IPOs pick up in 2024, as many predict, the secondary market could start to return to normal. But what are investors in the secondary venture market thinking now? One of the things venture reporter Rebecca Skutak found in her research is that LPs don’t actually want liquidity as much as you think.
Deep tech startups should use these 4 techniques when raising capital
Roman Axelrod, founder of smart contact lens maker XPANCEO, knows a thing or two about raising capital for deep technology startups. His company just raised a $40 million seed round. He offers his four tips on what to focus on when raising capital for his own deep tech business.
Why internal platforms can undermine your business strategy
That’s natural. It’s better to build tools in-house than to buy or subscribe to them from a vendor. Having control over every aspect of your business reduces costs and even increases efficiency.
But not so soon, says Asanka Abeysinghe, CTO of WSO2. Having complete control over everything is an “illusion” and “leads organizations down a path full of unforeseen challenges and constraints.” What may seem like a comprehensive solution at first, quickly becomes can turn into a quagmire of rising costs, lack of focus, and suffocating complexity. ”
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Startups need to master operations
“While technological innovation gets most of the glory, operational innovation is the next big leap for companies looking to gain a competitive edge,” writes Accelsius CEO Josh Claman. He offers some tips on how companies should think about innovation rather than improvement and excellence.
Source: techcrunch.com