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How Smart Startups Survive Investor Due Diligence

Startup Professionals Musings

This is the mysterious and dreaded due diligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. My best advice is to stick to the middle ground.

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What Is xAI? Elon Musk Reveals New Startup To Rival OpenAI

Tech.Co

Initially pinned as a generative AI startup for Twitter when it first hit the headlines back in April, the xAI website seems to suggest that the new startup will remain separate from the social media platform, as well as Musk's collection of other technology companies. The post What Is xAI?

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8 Myths Technologists Believe That Sink Businesses

Startup Professionals Musings

I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology.

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3 Important Facebook Marketing Trends in 2016

Tech Zulu Event

Social networking continues to be a superior force in marketing, especially Facebook. percent of all social network ad spending worldwide. billion in 2015 alone. Costs for advertising on Facebook are increasing, due to high demand, and their profits continue to soar. According to emarketer.com , Facebook earns 65.5

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Don't Fall for These 6 Deadly Myths of Startups

Startup Professionals Musings

Gerber memorialized this concept many years ago in his classic book E-Myth , which postulates that most startups are initiated by entrepreneurs with technical skills, rather than business skills, resulting in a high failure rate. In fact, both customers and investors often avoid the perceived high risk of innovative technology pitches.

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4 Strategies That Must Be Part of Customer Marketing

Startup Professionals Musings

With the advent of social media and the pervasive move to smartphones, even customers who still prefer to purchase in brick-and-mortar stores have dramatically changed their shopping habits. Most startup founders are early adopters, so they love the latest and greatest technology. Blogs must provide value to customers.

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10 Ways An Entrepreneur Can Build A Winning Culture

Startup Professionals Musings

That’s why they insist on spending a day with your team as part of the due diligence process. Technology can be used to facilitate customer support and sales, as well as enhance your product. Promote your culture and innovations through social media and the press to make the team proud of their jobs.