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From Shelter to Forever Home, Big Data Helps Pets

From Shelter to Forever Home, Big Data Helps Pets | Entrepreneurs | Scoop.it
Big Data News, Events, and Expert Opinion
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Prince George outfitter My 1st Years secures £5m for personalised baby fashion

Prince George outfitter My 1st Years secures £5m for personalised baby fashion | Entrepreneurs | Scoop.it
Personalised baby clothing specialists and online outfitter of high-profile children My 1st Years has secured £5m in funding to expand its offering for the likes of Prince George, Elton John's children and Mo Farah's.
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7 Life Hacks for Startup Entrepreneurs

7 Life Hacks for Startup Entrepreneurs | Entrepreneurs | Scoop.it
7 crucial things all startup entrepreneurs should do to ensure a successful and sustainable venture
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Don’t believe your own hype: How Pebble went from being worth $740 million to less than $40 million

Don’t believe your own hype: How Pebble went from being worth $740 million to less than $40 million | Entrepreneurs | Scoop.it
Confidence is an essential ingredient for entrepreneurs. It's what makes them quit college or their jobs, tells them they can take on corporate behemoths, and helps them endure countless rejections. But from the outside, confidence can look an awful lot like arrogance, and it may not be until accounts are settled that we know th
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24 Exceptional Women-Hosted Podcasts for Entrepreneurs in 2017

24 Exceptional Women-Hosted Podcasts for Entrepreneurs in 2017 | Entrepreneurs | Scoop.it
Many of the most informative podcasts for entrepreneurs have a female perspective.
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Term Sheets and LOIs – Startup Traction (by NextView)

Term Sheets and LOIs – Startup Traction (by NextView) | Entrepreneurs | Scoop.it

When a VC invests in a startup, the two parties usually sign a term sheet that lays out the major terms of the investment round. This is usually followed by several weeks or longer of legal due diligence. 90%+ of term sheets result in a closed deal that is more or less equivalent to what was discussed. We have never signed a term sheet that we did not follow-through on, and that is not at all uncommon in venture investing. In almost all cases, when a term sheet doesn’t result in a deal, it’s because of the investor feels like there was some form of indiscretion on the part of the company, or something catastrophic has happened in the outside world or to the partner or fund itself.

In the M&A process, an LOI feels an awful lot like a term sheet. It is a simplified legal document that lays out the relevant terms of the transaction. Usually, the buyer seems very excited to get a deal done and shows a ton of conviction, just like the VC investor.

But LOI’s are not like term sheets. The close rate on LOIs is lower, and the frequency with which a deal is meaningfully renegotiated after an LOI is much higher. Also, you will realize that the minute you sign an LOI, you have lost all negotiating leverage with the other party. All LOIs have an exclusivity period, which means that you will turn off all your other options (and if you go back to them later, they will know it’s because a deal blew up). The acquisition probably means more to you than it does to the other party, so you will be negotiating from a place of relative weakness. Also, the loss of focus and legal costs will end up being a greater burden on you than the other party as well. Read more: click image or title.

 

Growthink teaches how to FUND, build, grow, and sell a great business: http://bit.ly/2hn5ROb

FREE Business Plan Template here: http://bit.l/1aKy7km


Via marcduke, Marc Kneepkens
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Marc Kneepkens's curator insight, December 20, 2016 1:35 PM

Excellent look at #term sheets and #LOI 's. Need to know.

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Startups need to 'stop disrupting and start innovating'

Startups like Uber and Airbnb want to disrupt something, and it’s impacting progress
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How This Startup Plans to Turn Thrifty Foodies Into Raving Fans

How This Startup Plans to Turn Thrifty Foodies Into Raving Fans | Entrepreneurs | Scoop.it
Thrive Market is working to make shopping for organic food online cheaper than your corner supermarket (and Whole Foods).
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How to make it as a serial entrepreneur

How to make it as a serial entrepreneur | Entrepreneurs | Scoop.it
The keys to startup success start with being generous and learning to code.
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Using Your Startup Fears For Motivation - Brand Quarterly

Using Your Startup Fears For Motivation - Brand Quarterly | Entrepreneurs | Scoop.it
You may have a great idea for a startup. Your proposition is unique, innovative, it fills a gap in the market, and you’ve received lots of positive feedback. So what’s holding you back? Fear.
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Inside The IRC: How A Visionary Aid Organization Is Using Technology To Help Refugees

Inside The IRC: How A Visionary Aid Organization Is Using Technology To Help Refugees | Entrepreneurs | Scoop.it
We traveled with the International Rescue Committee and witnessed innovation in action.
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Meet the entrepreneur solving pollution and homelessness at the same time

Meet the entrepreneur solving pollution and homelessness at the same time | Entrepreneurs | Scoop.it
Waste not, want not might be an old-fashioned axiom confined to the lexicon of finger‑wagging grandparents, but a 34-year-old from Colombia has turned it into his life mission.
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This Surgeon Says He Can Revolutionize Operations With Magnets

This Surgeon Says He Can Revolutionize Operations With Magnets | Entrepreneurs | Scoop.it
Alberto Rodriguez-Navarro, CEO of Levita Magnetics, created a surgical system that requires only a single point of entry: the belly button.
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Uber-style service to book carers 'on demand' launched nationally

Uber-style service to book carers 'on demand' launched nationally | Entrepreneurs | Scoop.it
A new Uber-style service allowing families to instantly book carers for loved ones and track their care is to be rolled out nationally.
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What Made This Tennis Champion Become a Entrepreneur? Her Dad's Cassette Collection

What Made This Tennis Champion Become a Entrepreneur? Her Dad's Cassette Collection | Entrepreneurs | Scoop.it
Venus Williams isn't lacking for trophies. She's won 71 WTA Tour titles, including 23 Grand Slams, and four Olympic gold medals. But she's now focusing on making her sportswear label, EleVen by Venus, a global brand. Venus the entrepreneur, like the tennis player, works hard, recovers from mistakes--and remains a relentless competitor.
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4 Reasons 2017 Will Be Blockchain's Banner Year - CoinDesk

4 Reasons 2017 Will Be Blockchain's Banner Year - CoinDesk | Entrepreneurs | Scoop.it
Peter Loop of Infosys gives his overview of why blockchain is poised to be more widely tested, deployed and adopted in 2017.
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Amazon Is Secretly Building an 'Uber for Trucking' App

Amazon Is Secretly Building an 'Uber for Trucking' App | Entrepreneurs | Scoop.it
The trucking industry is worth $800 billion nationwide.
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Top 10 takeaways from Canada’s first SaaS conference

Top 10 takeaways from Canada’s first SaaS conference | Entrepreneurs | Scoop.it
From November 30 to December 1, top Canadian and international software-as-a-service (SaaS) companies met on Canadian soil at the inaugural SaaS North
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12 Tools for Running Your Business From Anywhere in the World (Infographic)

12 Tools for Running Your Business From Anywhere in the World (Infographic) | Entrepreneurs | Scoop.it
Internet access is transforming how companies recruit talent and how tolerant employees are of commutes. The right tools make everyone happier.
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10 Entrepreneurs Share Their Secrets to Staying Focused

10 Entrepreneurs Share Their Secrets to Staying Focused | Entrepreneurs | Scoop.it
Here is how to concentrate in a world filled with distractions.
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Siren Care makes a “smart” sock to track diabetic health

Siren Care makes a “smart” sock to track diabetic health | Entrepreneurs | Scoop.it
Diabetic health tracking startup Siren Care has created smart socks that use temperature sensors to detect inflammation -- and therefore injury -- in..
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Key Steps In Developing a Long Term Growth Strategy

Key Steps In Developing a Long Term Growth Strategy | Entrepreneurs | Scoop.it
Guest Author John Stone of BizzMarkBlog outlines key steps of developing long term growth strategy on Frugal Business.
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Richard Branson: Here's how to get anyone to listen to your idea

Richard Branson: Here's how to get anyone to listen to your idea | Entrepreneurs | Scoop.it
If you want the self-made billionaire to hear you out, keep things concise.

If you want to get Virgin Group founder Richard Branson to listen to your idea, keep the pitch short and sweet.

"The pitches that I remember, and resulted in support and investment, were the ones where the idea could have fitted on the back of an envelope," the billionaire entrepreneur writes in a post on Virgin's website.

A common mistake Branson sees during pitches is repetition. Presenters tend to make their point and then proceed to repeat it over and over.

 

"If you want to get your message across, be engaging, concise and to the point," he advises. "Then, when you are done saying what you have to say, stop saying it."

This idea extends to life in general. Redundancy not only results in dry pitches, but also in dry conversation, Branson says: "There is nothing worse than sitting next to an enthusiastic person who repeats their same point time and again." Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km


Via Enzo Calamo, Marc Kneepkens
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Marc Kneepkens's curator insight, November 29, 2016 7:05 PM

Sweet: keep it concise and don't repeat yourself over and over again. 

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How to Disrupt an Industry in 4 Basic Steps

How to Disrupt an Industry in 4 Basic Steps | Entrepreneurs | Scoop.it
There's no magic formula to industry disruption. It's all about respecting the process.
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Trending: New Technologies Aiming to Turn the Tide on Home, Business Food Waste | Sustainable Brands

Trending: New Technologies Aiming to Turn the Tide on Home, Business Food Waste | Sustainable Brands | Entrepreneurs | Scoop.it
As we head into the most gluttonous week of the year here in the U.S., it’s helpful to be reminded that companies large and small continue to churn out new technologies in the ongoing war against food waste – both at the business and...
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This 18-year-old just raised $3.5 million to help developers easily add capabilities to their apps

This 18-year-old just raised $3.5 million to help developers easily add capabilities to their apps | Entrepreneurs | Scoop.it
RapidAPI, a two-year-old, San Francisco-based startup that enables developers to find, test, and manage many of the APIs they want to integrate into their..
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