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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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What is the Right Burn Rate for your Startup?

Both Sides of the Table

That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management. The Basics The starting point — the 101 — is knowing the difference between gross burn and net burn.

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Storytelling and Startup Fundraising

Steve Reich

The company builds a SaaS mobile banking platform for community banks. With the right technology, they can compete with the Megabanks and Wall Street. Tom has had two exits in bank technology. Several members of his Board have very deep experience in the bank technology space. The net result? Mobile is important.

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Startups Are A Remix

InfoChachkie

The collective 28-minutes required to view the videos will net you far more than another episode of Modern Family. Academics love to espouse the merits of Creative Destruction, which is the obvious (yet valid) concept that business innovations are built upon the destruction of those processes and technologies which came before.

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Interview with Mark Suster, GRP Partners

socalTECH

The new fund is focused entirely on technology companies. A large amount of this new fund, somewhere between 20 and 30 percent, is focused on technology in the financial services sector. So we're focused on technology, and financial services. That was quite a prominent exit for us.

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Playing the Long Game in Venture Capital

Both Sides of the Table

Our goal is to produce a $10 billion+ winner and remain the market leader in this SaaS category of AI in Sales & Marketing. also wins by making sure we don’t have too much concentration in technology innovation, which is surely a great thing for us all.

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Interview: Thorsten von Eicken of RightScale

InfoChachkie

But throughout the transition I had my safety net. Most big companies initially rejected use of the cloud, just as they rejected SaaS solutions when we launched GoToMyPC in 2001. I’m sure we missed out on a number of great people, but the net effect is that everyone in the team is focused on the same mission.