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Entity Academy, an edtech startup that trains, mentors and places women in tech roles, secures $100M

TechCrunch LA

An edtech startup called Entity Academy — which provides women with training, in areas like data science and software development; mentoring; and ultimately job coaching — has raised $100 million on the heels of strong growth of its business, and an ambition to improve that ratio.

Mentor 297
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Seismic Scores $170M, Now Worth $3 Billion

socalTECH

The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

San Diego 113
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Is Convertible Debt Preferable to Equity?

Both Sides of the Table

Convertible debt is an investment that “converts&# into equity in the future usually at a discount to your next funding round price and sometimes has a “cap&# (maximum price). prefer equity to convertible debt): If you’re an early stage investor (e.g. a priced/valued preferred stock financing)?&#.

Equity 319
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PEAR Takes On Fitness Tracking, Workouts

socalTECH

Irvine-based PEAR Sports announced this morning that it has launched a new product that uses a heart rate monitor and your smartphone to provide customized coaching and fitness training. The firm announced a system which uses heart rate-based training to customize workouts for users, via their smartphone. READ MORE>>.

Training 147
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Praying to the God of Valuation

Both Sides of the Table

There was no money train. I had realized that I didn’t have it within me to be as good of a player as many of them did but I had the skills to help as mentor, coach, friend, sparing partner and patient capital provider. It was 1991. There were startups and a software industry but barely. We still loved every moment. It’s just not me.

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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. These only come with the proper training, investment in tools, and focus on customer relationships. Leaders are needed to coach each salesperson, keep the team on message, and spur new growth and goals.

Sales 147
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How To Tune Business Strategy For Long-Term Success

Startup Professionals Musings

That requires trust and respect from all, as well as constant coaching and development to keep them committed to following you. A big mistake often made in the rush to scale is to shortcut the hiring and training processes, to get out there fast, assuming that the team can learn on the job.

Startup 88