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PJ Smith
Always fun to see the late-1900's PR playbook deployed and start lying to people about "stifling innovation"... 🙄 REALITY CHECK: These companies have the absolute freedom to provide "cafeteria style" menus to consumers that would enable them to pick and choose only what they want to pay for. Blaming the government for a lack of choices is lazy and only works on uneducated customers. At the end of the day, what options are available to consumers (and how much they cost) is up to the businesses themselves, and has absolutely nothing to do with #NetNeutrality . Let's not forget that these are the same telecomm companies who purposefully don't compete in each other's backyards to maintain the geographic monopoly that they have harvested over the last 30 years. These are also the same companies that find new ways to charge customers for bandwidth, even though a significant portion of what's being served to them now ISN'T content that they wanted in the first place. Makes me wonder exactly what % of the average internet bill is traffic from: - collection of contacts and data mining - harvested biometric data - transmission of conversations in order to serve more targeted content - services that consumers are unaware of because they are enabled by TOS - bundled services that consumers don't actually want but were convinced they needed, or worst yet forced to pick because it was the only way to get ___. Consumers deserve better than being handed boiler-plate excuses for inaction to correct easily solvable problems, and Net Neutrality does nothing to prevent companies from innovating. -PJ
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Stacey Murphy❤️🌎
Wondering what Regenerstive Design is and how to implement it? Excited to lead this important conversation. Please join me! Grateful for Portland Design Thinkers for hosting this series. #innovation #planetpositive #naturebasedsolutions #regenerativearchitecture #regenerstivedesign #impactinvesting
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JT Benton
"Innovation is often just improvisation." "Even things that seem new are likely not actually new." Philip Brittan made these two points (and many others) in his keynote at a summit here in #Bozeman yesterday. I thought he was spot on, and his talk took my mind to the importance of leaning on experienced advisors when you're a #startup #founder. I've always felt that problems are really just opportunities for value creation. I also believe that as we grow in our careers, we assemble a history of crafty solutions which ended up facilitating new value. Many of the best examples happen on the fly, where the consequence of moving slowly can be existential. Founders have no shortage of problems to solve and breakages to fix. And I think too many of us go at it alone. I think it's critical to align with experienced advisors who carry with them diverse backgrounds. Folks who have been there before and provide a range of perspective and experience dealing with a broader set of challenges. This collective knowledge base creates leverage for founders solving problems - and creating value - in the here and now. #VentureStudios do this. So do good #VCs.
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Healy Jones
🚀 Attention founders: Want to stretch your startup's runway? In our latest podcast, we uncover a financing strategy that could give you 6-8 extra months of cash. As a former VC and founder, I've seen firsthand how crucial this can be for growth and negotiations. Don't miss out - find the link to the full episode in Scott Orn, CFA original post. #StartupFinance
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Satyajit Rout
One year at our annual offsite the company leadership shared the mantra for the year: the Genius of the AND. It is a concept from Jim Collins’ Built to Last. Collins writes: Builders of greatness reject the "Tyranny of the OR" and embrace the "Genius of the AND. They embrace both extremes across a number of dimensions at the same time… Some examples: 👉Quality AND productivity 👉Core business growth AND new category expansion 👉Margin AND market share And at a higher level: purpose AND profit, autonomy AND accountability, deliberation AND action. When conflicts arise between things you want—and they arise all the time in business and life—it is important to have tiebreakers. Without tiebreakers, it becomes impossible to seriously pursue goals, in the same sweep, that are at odds with each other. One tiebreaker strategy, and there are a few of them, is creating “even over” statements. It is something I learned about in Aaron Dignan’s Brave New Work; the breadcrumbs for the idea go back to entrepreneur Tom Thomison. I’ve boiled it down to a simple protocol. 1️⃣Write a priority (or a core value) for your org (or team) on the right. 2️⃣To its left, write down something that is more important. 3️⃣Trade off the two priorities by adding “even over” between them. You cannot go wrong with this. For example, you may write, User growth even over unit economics (if your product has found PMF and is in the early growth stage) Or, you may say, Unit economics even over user growth (if you have successfully monetized your product, having grown and scaled, and are now in the gravy train phase) Go through with this exercise and you’ll end up with a series of statements that are true for your organization and that will make trade-offs explicit during confusion. So what about the Genius of the AND? Is it flawed? I think it may be misunderstood and hence mis-applied. People mistake Genius of the AND for A + B. It is not. It is creating a third option C that combines salient elements of both A and B but is different from each. It is a kind of creative solutioning. The Four Seasons hotel chain came about as a rejection of the narrow choice hoteliers faced in the early 1960s: luxury (big business hotels) or personal touch (small motels). My firm’s Genius-of-the-AND ask was quality AND productivity. In hindsight, we could’ve used the opportunity to rethink quality. We used to calculate a certain metric as the quality North Star. Did that matter to customers? Was there something else that was a truer indicator of value to customers? That confusion was an invitation to explore, much like Issy Sharp understood that business travelers longed for a touch of home and modern conveniences. What are your thoughts about when the Genius of the AND applies and when an “even over” strategy wins? When should we make trade-offs and pick a side and when should we reject uncomfortable trade-offs and look for creative solutions? #strategy #curiosityovercertainty
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Shani H.
I just got early access to "The Seismic CMO" by Christa Richards! If you're looking to master AI in your marketing strategies, this book is a must-read. Available for free for the next 24 hours! Get your copy here: https://lnkd.in/ebABtCEx #TheSeismicCMO #AIinMarketing #B2Bmarketing #TechMarketing #FreeBook
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Allen Osgood
📜 The Unexpected Journey of Walter Schramm and His Lost Fortune 📜 Escheatment can often feel like a complex process, but behind every unclaimed asset, there’s a deeply human story. NPR's Planet Money highlighted Walter Schramm’s saga of how his prudent long-term investment in Amazon became a nightmare for him and his family. 💡 A Dream and a Dilemma 💡 Walter, an entrepreneur, started selling Italian specialty products online in the late '90s. Facing fierce competition from an upstart called Amazon, instead of growing bitter, he invested in their stock, expecting long-term growth. 😲 The Shock of an Empty Account 😲 Walter wanted to avoid the temptation to sell early, so he decided not to log into his account. "If you believe in a company, you need to buy the stock and let it sit for 20 years. I mean, that's the philosophy of Warren Buffett. Go out and have a walk, enjoy nature, talk to your family, don't worry about the stock market." Unfortunately, Walter didn't know about escheatment. In 2015, after nearly two decades of patience, Walter finally logged into his E-Trade account only to find his investment gone. He reached out to E-Trade, who directed him to the Delaware Unclaimed Property Office. He learned that his stock had been liquidated in 2008 and the cash proceeds sent to Delaware. He was stunned -- he'd missed out on all of Amazon's stock appreciation since. ⚖️ Escheat: A Double-Edged Sword ⚖️ Escheatment, meant to protect unclaimed property, had reduced Walter’s stock to an $8,000 offer from the state—far below the fortune he'd own from his unliquidated shares. This system, designed to safeguard assets, can sometimes have unintended and life altering results. https://lnkd.in/eS97MywQ #Escheatment #UnclaimedProperty #Eisen #FinancialSecurity #HumanStories #PlanetMoney #WalterSchramm
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Chris Moore
It's been a whirlwind of learning since we started digging into the Venture Studio model. First when we started our previous company, Roam, it was "do some consulting so we can launch games & products" and in fact we did launch a couple of products and even released a couple of games. But it was always a constant tension between the siren call of instant revenue with consulting vs the long term return of equity. We sometimes joke that Ryft is the outcome of 10+ years of bootstrapping to get to a place where we can focus as a pure-play Venture Studio. Learn more below.
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Ross Meyercord
In case you missed it, last week we released a survey with some eye-opening data: A whopping 55% of Americans will walk away from brands that aren't stepping up on #sustainability. Our survey shows it's not just a trend; it's a shift in consumer consciousness. 🌱 Men and women alike show support for eco-friendly practices with their wallets, and the emotional connection to sustainable brands is stronger than ever. 💵 Americans are even willing to spend 33% more on green products this year, totaling an average of $12,000 on items that make a positive impact on our planet. But it's not just about spending more; it's about believing more. 🔍 Transparency in environmental claims is key, with 65% of consumers actively seeking out this information before making a purchase. 🧠 And let's not forget the savvy of today’s buyers - 42% can spot 'greenwashing' from a mile away, choosing to support genuine eco-friendly competitors instead. Unlike just about everything these days, this isn't a partisan issue – across the political spectrum, the call for sustainable choices is loud and clear. It's a powerful reminder that when it comes to our planet, consumers demand action and authenticity. At Propel Software, we're proud to be part of the solution with our product value management platform, helping companies transparently manage and market their sustainability efforts. Want to dive deeper into these trends and learn how to align your business with the new consumer ethos? Join us at #Propulsion2024 in Chicago from May 13-15. Let's work together for a healthier, happier planet. Click here to read the full press release: https://lnkd.in/g3Fd6RnH
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Frederique Dame
Looking forward to discussing how changing demographics and culture norms are affecting investment opportunities in longevity, health and well-being at The Care Summit today Alongside Cake Ventures' Monique Woodard, Ziegler's Dan Hermann, Oak HC/FT's Billy Deitch and JPMorgan Chase & Co.'s Jennifer Edwards, we’ll dive into the trends shaping how we are investing in the space: - Last year marked one of the most significant social and economic moments in modern times: The number of older adults—those aged 50 and over- surpassed the number of children under the age of 15 for the first time. - In 2020 the 50 plus population contributed $45 trillion to global GDP, or 34% of the total. That equates to about 3x the revenue of the world’s 100 highest- earning companies in 2020. - The U.S. population grew by 24.5 million from 2010 to 2022, and Hispanics accounted for 53% of this increase – a greater share than any other racial or ethnic group. - Women around the world and across all ages drive 64% of consumer spending
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Ba Minuzzi
🚀 Exciting update from my recent sessions on Intro: I've had the privilege of mentoring some incredible minds, including a diverse group of founders and executives in the intersection of tech and talent-led brands. From fine-tuning fundraising approaches to navigating industry nuances, our conversations have been nothing short of inspiring. Here are my key takeaways from these enriching sessions: 1. Visionary Leadership: The clarity and vision showcased by these leaders have been truly impressive, setting a high bar for industry innovation. 2. Authentic Dialogue: What sets these sessions apart is the transparent and authentic conversations we've had. I believe in sharing hard truths and industry nuances, and it's heartening to see that resonate with those I mentor. 3. Value-Driven Collaboration: Every interaction has been a two-way street of learning and growth. I've been able to offer tailored strategies and insights, and the feedback has been immensely positive. Looking ahead, I've opened up my schedule for next week. Let's connect and explore how I can support your journey: intro.co/baminuzzi Drop a comment below with "interested," and I'll pick one person for a complimentary 15-minute call. Let's unlock new possibilities together! 💡
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Dave McGibbon
Excited to Share My Next Venture! 🚀 After 6 amazing years building Passbase (Acquired), raising $17M from fantastic investors, and a successful exit, I am thrilled to announce I am back to building something new – this time in the human performance industry. 🦍 The Gorilla in the Boardroom Sam Altman recently predicted that AI will soon enable the first one-person billion-dollar company. This means that leaders and their teams are now in a position to generate massive amounts of value, with a very small number of people. So while most startups today are focused on AI tools, the question I have been asking is: how do we maximize the performance of the entrepreneurs & corporate athletes who use these tools to generate outsized returns? 🥇 Learning from Olympians To answer this question, for the past few months, my team and I have been deconstructing the world of elite human performance. We have interviewed over 1600 top coaches & performance psychologists – from the Olympics, US Military, professional sports, Fortune 10 companies, and VC-backed startups – to explore two questions: 1. How can we elevate the performance of top executives even higher? 2. How do we measure ROI/impact, in order to promote what actually works and eliminate the snakeoil? 📈 More Coming Soon Today we are working with several top founders Series A through Series C to take their performance to the next level – and maybe even fulfill Sam Altman’s prediction. More on this coming soon. In the meantime, if you are a founder or VC interested in exploring what we are up to, or a friend/colleague who just wants to catch up, please reach out! --- CC: Mathias, Matthew, Hadley, Ted, Meka, Greg, Jacob, John, Matt, Brian, Brian, Dan, Ramtin, Harrison, Matt, Christopher, Tony
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Ronak Modi
Had a great time chatting with Oliver and Doug at today’s panel discussion! ViSenze AI Multi-Search is solving some complex search problems using GenAI, helping customers find exactly what they want more efficiently. Check them out! Excited about the future of retail search and discovery! #NRFAPAC #RetailInnovation #GenAI #Fynd #ViSenze #AWS
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John Sechrest
As we get prepared for our Angel Conference program, we run workshops to help get things lined up for the right conversations between investors and early pre-seed startups. We have a deadline coming up on August 27th for startups. One of the places that we see companies having a bit of trouble is on the customer discovery side of things. So we have a couple of workshops on that early customer discovery and associated efforts to get traction early before your MVP. As Angel Investors, we need to think with a portfolio mindset instead of investing in one or two companies to "see how it goes". We have a panel of SAC alumni talking about their perspectives on their portfolio of companies. We also know that startups don't practice pitching enough. So we we have workshops for improving pitches before people pitch for real. You can see the upcoming workshops here: AI+Lean Building automated content experiments for customer discovery Tuesday, August 6, 2024 10:00 AM to 12:00 PM PDT https://lnkd.in/gJMiyQZC Building Your Angel Investment Portfolio Tuesday, August 6, 2024 6:00 PM to 8:00 PM PDT https://lnkd.in/gD9ATSyG Pitch Deconstruction and Review Thursday, August 8, 2024 12:00 PM to 2:00 PM PDT https://lnkd.in/g-RRajrX Finding your first paying customers Tuesday, August 13, 2024 10:00 AM to 12:00 PM PDT https://lnkd.in/gN-DaRJ8 Angel Investing and Taxes Thursday, August 15, 2024 12:00 PM to 2:00 PM PDT https://lnkd.in/gjs9cQfy Solving Real Problems: The Key to Market Success Tuesday, August 20, 2024 10:00 AM to 12:00 PM PDT https://lnkd.in/gYkJFD-X Structuring a Pitch Deck That Engages Investors Thursday, August 22, 2024 12:00 PM to 2:00 PM PDT https://lnkd.in/geyYR4wB Seattle Angel Conference (SAC 26) Application Deadline Tuesday, August 27, 2024 9:00 PM to 9:05 PM PDT (But REALLY … Apply early) https://lnkd.in/gM_fSmbZ Companies need to apply here - https://lnkd.in/gWbtkAaf Please let the folks around you know about these workshops.
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Marcos Freire Gurgel
[GENERATIVE AI] The Wharton School professor Ethan Mollick says your team should bring generative AI into everything they do – right now (!!!). Ethan discusses what he’s learned through direct experimentation with AI, where he sees the most potential, and why organizations are struggling to create value with them - with Camila Nagano and Jacques Meir: https://lnkd.in/dKstZFAn
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