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

TechCrunch LA

Jennifer Schwab, the founder and CEO of Entity, has built the business since 2016 on virtually no outside funding, but said that this latest financing is a precursor to the company working on its first, more traditional VC-led equity round. Since 2016, some 400 students, almost all women, have completed the course.

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The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

When I was new at Venture Capital I was trying to figure out the business. As a VC you want to feel like you have “proprietary sources” of deal flow. Of course I went through normal other channels of deal flow. It was a fun period for me because everything was new and I was curious. What stage? What price?

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6 Suggestions For How To Begin Your Startup Lifestyle

Startup Professionals Musings

It takes more than passion and a course on business basics. There is no standard course for this, but the answers are accessible online, if you know how to search, follow blogs, and interact with the relevant social media groups. Entrepreneurs don’t need to know everything about business before they start.

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5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Of course you need to discount any investor competitive positioning, but local investment group leaders will quickly tell you the strengths and terms of active investors in your area. Do research on investor visibility via Google and social media. It’s no fun for either side.

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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

But VC is like congress. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. Their data looks at tech VCs.

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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

kind of like a board for a VC firm). Whenever I’ve faced my toughest moments or biggest decisions as a VC firm, having trust with my LPs and vice versa goes a long way. Some board members spend all of their time in the meeting on electronic devices doing email or even checking social media. I practice what I preach.

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Why Most of Your Assumptions About Phone Calls are Wrong

Both Sides of the Table

It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. Social media users are over 60% more likely to check email at least four times a day than those who don’t use social media. Much more data in the full post.

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