Daily Entrepreneurship- International (4 April 2019)

RIP Google+

That’s it for Google+, Google’s failed social network that once tried to take on Facebook and Twitter. As scheduled, the company has now started deleting user accounts and their data.

Chances are you’re not going to feel all that sad about the end of Google+ since you probably haven’t used it for years. But if you’re feeling a bit nostalgic, here’s a little chronology of some of our coverage over the years.

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WhatsApp adds a new privacy setting for groups in another effort to clamp down on fake news

WhatsApp today announced another protection for users in an effort to clamp down on the spread of fake news and misinformation. Through a new feature, users can control who has permission to add them to groups. The company says this will “help to limit abuse” and keep people’s phone numbers private. Related to this, the app also will introduce an invite system for those who enable the additional protections, allowing users to vet any incoming group invites before deciding to join.

The privacy setting arrives only a day after the Facebook-owned messaging app launched a fact-checking tipline in India ahead of elections in the country.

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Segment Raises $175M For Customer Data Infrastructure

Segment, a San Francisco-based customer data infrastructure company, has raised $175 million in a funding round led by existing investors Accel & GV.

New investors Meritech Capital, Thrive Capital, Y Combinator Continuity, e.ventures and Sapphire Ventures also participated in the round, which brings the startup’s total funding to $284 million. The raise gives Segment a $1.5 billion valuation, according to Bloomberg, who cited “a person familiar with the matter.”

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What VCs Ask Themselves Before They Invest in Startups

Over the course of my career as an investor and business owner, I’ve seen every type of pitch for a new business you can imagine. Many of them were disappointing. To invest in startups you have to ask yourself the right questions.

A competent CEO plays a remarkably large role in my overall impression of any company. A lot of it boils down to how you present your idea, and not so much about what you’re presenting. Any venture capitalist can look through a pitch deck, like what they see, and then withhold funding after meeting the CEO, or the founder of the same company.

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Here’s where you can find innovative ideas, product demos, Hampton Roads entrepreneurs

The Innovation | Entrepreneurship Series on Granby, a collaborative effort among Old Dominion University and other several organizations intended to foster entrepreneurship and the exchange of innovative ideas in Hampton Roads, will host its inaugural event.

It will be from 1-8 p.m. Friday at several locations on Granby Street in Downtown Norfolk.

The event will include three educational workshops conducted by regional and statewide experts, as well as product demonstrations and hands-on activities.

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The Importance of Science Entrepreneurship

Dean Matthew Waller of the Walton College of Business wrote about the bright future ahead for the solar industry in Arkansas for Arkansas Money & Politics nearly one year ago. The article is extremely relevant considering current policy changes, but I would argue that it highlights an issue of greater importance – the value created by fostering science-based ventures. These types of companies tend to take longer to reduce technology risk and require larger amounts of investment capital to scale, but the impact on the communities that foster them is long-lived.

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The art of Digital Entrepreneurship Redefined – Manish Singh (CEO) “Youngest Digital Entrepreneur”

Digital Entrepreneur: Today Branding, Promotion and Digital marketing are becoming the need of an hour to survive in this competitive world. Yes, you can sell your product, can do personal promotion which can make a person famous and we can see many examples today how people get famous online. Smart work can help businessman earn fast and big due to digital marketing and for that, you need a person with sound knowledge who can work smartly and make a solid campaign for online marketing to take you from zero to millionaire. We are taking here about Digital Entrepreneur who drives business throughout the world online.

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Why VC Funding is Slowing in Growing Aussie Startup Ecosystem

The Australian startup ecosystem is flourishing. Last year, 712 new startups started operating in the country, and venture capital investment into Australian startups jumped 36 per cent, to reach a record high of $1.25 billion.

But that’s not the full story. A report by the government department of industry, innovation and science has shown a decline in growth rates of new investments made by venture capital funds across the country.

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PayPal makes its first blockchain startup investment

PayPal is getting in on the blockchain craze. The payments giant has invested in Cambridge Blockchain, a budding startup developing digital identity management software for financial institutions.

In an announcement on its website, Cambridge Blockchain said the investment will help the two companies explore potential collaborations powered by blockchain tech. The investment was part of a Series A funding round, which also included backing from Foxconn’s HCM Capital, Partech Partners, FuturePerfect Ventures and Digital Currency Group.

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How Millennials Are Changing The Future Of Investment

Millennials are changing the investment market — and quickly. Over the years, there have been major shifts in wages, job markets and the way we do business, and traditional investment is no exception. As technology and ideology put a spin on how we look into our financials, where this generation is putting its hard-earned money is looking quite different.

Today, there are many more investment opportunities beyond traditional offerings. Millennials are taking advantage of new alternative investments, focusing on social and environmentally charged causes, and technology. In fact, a 2017 Morgan Stanley survey found that millennials are twice as likely as other investors to put their money into social or environmental investments. As these investments are ongoing and won’t be going away anytime soon, this growing trend looks to strengthen our society while focusing on the greater good of the future.

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Killing The I-Bank: The Disruption Of Investment Banking

After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change.

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate.

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The 2019 Midas Brink List: Meet Venture Capital’s Up-And-Comers

In conjunction with the annual Midas List, TrueBridge traditionally publishes a “Brink List” of investors who are poised to join the Midas ranks and have been making a name for themselves in the venture capital industry. This year, we have enhanced the process by collaborating with Forbes to evaluate nominations and selecting finalists based on qualitative and quantitative metrics that weigh an investor’s momentum, position, reputation, and other variables.

Since we started compiling the Brink List, over a quarter of all investors who’ve appeared on prior Brink Lists have graduated to the Midas List, including three VCs we highlight in this year’s Midas List Newcomers post.

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Okta unveils $50M in-house venture capital fund

Identity management software provider Okta,  which went public two years ago in what was one of the first pure-cloud subscription-based company IPOs, wants to fund the next generation of identity, security and privacy startups.

At its big customer conference Oktane,  where the company has also announced a new level of identity protection at the server level, chief operating officer Frederic Kerrest (pictured above, right, with chief executive officer Todd McKinnon) will unveil a $50 million investment fund meant to back early-stage startups leveraging artificial intelligence, machine learning and blockchain technology.

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