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Requests for Startups in 2024

VC Cafe

Personal Finance Cross-account visibility and management – Today’s AI products can analyze and move money between accounts – as agents improve, they will make trades across accounts. Digital Wallets – Digital wallets could grow select vertical software platforms’ revenues to $27-$50bn in 2030.

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Vertical Markets 2: Customer/Market Risk versus Invention Risk.

Steve Blank

Steve,&# he said, “you’re missing the most interesting part of vertical markets. The implications for entrepreneurs is that each of these (market risk versus invention risk,) require radically different financing models, a different type of venture investor, different timing for hiring sales and marketing, etc.

Vertical 162
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The Digital Era and Global Lockdown: See How These Industries Evolved

ReadWriteStart

In the context of COVID-19, banks try to keep their customers safe, educating them on how to make contactless payments, use remote channels, and leverage digital tools to manage their finances and complete transactions. The post-Coronavirus world is now experiencing a complex change affecting all the industries and verticals.

Global 179
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Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

When Sloan arrived at GM in 1920 he realized that the traditional centralized management structures organized by function (sales, manufacturing, distribution, and marketing) were a poor fit for managing GM’s diverse product lines. Sloan kept the corporate staff small and focused on policymaking, corporate finance, and planning.

Michigan 296
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How to value your SaaS company

VC Adventure

There are a ton of private SaaS financings. In 2016 there were over 2,000 financing rounds of private SaaS companies ($18.5Bn invested). Not surprisingly companies raised well above their revenue level in the earlier stages as they built product and sales and marketing. Sales efficiency was not as good as I expected it to be.

IPO 113
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How Boards Need to Evolve Over Time

Both Sides of the Table

By now you have many smart people around your board but probably people who don’t totally understand the nuances of your employees, customers, sales reps, marketing messages, technology challenges, competitors and strategic choices. how much energy to put into channel partners vs. direct sales. Experience. Relationships.

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ChatGPT for Enterprise is Ready. But are Enterprises ready to adopt Generative AI?

VC Cafe

AI will not replace you, but the person using AI will” We’re starting to see announcements from CEOs like IBM CEO Arvind Krishna, who said the company will replace ~8k jobs with AI, largely in non customer-facing roles across departments like HR, finance, and accounting.