Daily Entrepreneurship- International (5 April 2019)


How to invest $100,000 to make $1 million

Most of us don’t have the time, knowledge, or risk tolerance to multiply our money quickly. Even then, experts say hot and of-the-moment investments that promise big returns — think Bitcoin or individual stock picking — aren’t actually the best way to make money while investing.

Granted, any investment in the stock market is risky, but there are some strategies that offer a much higher chance of earning a return on your investment — but patience is essential. The easiest and safest way to grow your money is to invest it in the stock market, make automatic and consistent contributions, and simply wait.

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Startups Weekly: US companies raised $30B in Q1 2019

Let’s start this week’s newsletter with some data. Nationally, startups pulled in $30.8 billion in the first quarter of 2019, up 22 percent year-on-year, according to Crunchbase’s latest deal round-up.

A closer look at the numbers shows a big drop in angel funding and a slight decrease in mega-rounds, or financings larger than $100 million. The number of mega-rounds fell to 57 deals in Q1 and deal value was down too. With that said, mega-rounds still accounted for $16.4 billion, making Q1 2019 the second-best quarter on record for mega-rounds.

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International Screening Solutions Raises $1.5M in Funding

International Screening Solutions, a Kennesaw, GA-based provider of a global know your customer (KYC) / customer due diligence (CDD) solution, closed a $1.5m funding round.

The round was led by Tom Cardy, an angel investor and ISS Board Member, and Naples Technology Ventures (NTV), a Florida-based Venture Capital firm.

The company intends to use the funds to accelerate sales, marketing, and product development.

Founded in 2007 by CEO Chuck Papageorgiou, International Screening Solutions serves background screening and due diligence firms, financial institutions, FinTech companies, insurance, and other corporate clients requiring global sanctions, PEP, adverse media and ID verifications services. Its flagship product, WorldWatch Plus, is a proprietary screening tool that searches data from thousands of sources in fractions of a second for anti-money laundering (AML) and know your customer (KYC) programs.

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Investing In Food & Drink: Current Trends & Future Directions

According to  research reports published by PwC, the world population is expected to increase by 1 billion over a 15 year period leading to a 35% increase in food consumption. Concerns about food scarcity and interest in sustainability has led to emergence of startups adopting different approaches to tackle this issue. Sustainability is not the only factor driving change in the food industry other factors exist.

Are these changes here to stay or simply a hype that will fade with time? How are investors responding to this new wave?

To understand what the future holds for the industry, it is important to explore what drives investment decisions  and how current changes in the industry is influencing that.

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Why a 29-year old Angel Investor is Interested in People and not Their Company’s Valuation

With the ecosystem developing, there is an increasing focus among businesses to get their content right. As they say, content strategy can make or break the company’s brand perception and new age media has a huge role to play here.

Hardik Zaveri is a believer of this ideology. The 29-year old college dropout has been building businesses since his teenage days. Today, the serial entrepreneur has climbed the ladder up as an angel investor and is running his investment company 8finity Global from Los Angeles and Mumbai.

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Ohio University, affiliated startup company selected for 2019 University Innovation and Entrepreneurship Showcase

The Association of Public and Land-Grant Universities (APLU) and the Association of American Universities (AAU) have selected Ohio University and its affiliated startup company AEIOU Scientific, LLC, to participate in the 2019 University Innovation and Entrepreneurship Showcase on April 10 in Washington, D.C.

The event will spotlight 20 startup companies from across the nation that have created products and services using federally funded, university-based research. The showcase will highlight the important role of federally funded university research in driving high-value entrepreneurship and the U.S. innovation economy for members of Congress, their staff, and national economic development and innovation policy leaders.

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10 things you’ll learn at this year’s EU-Startups Summit on May 2-3 in Barcelona

Over a thousand startup founders, investors, enthusiasts, and other members of the European startup ecosystem will meet in Barcelona for the EU-Startups Summit on May 2-3. The conference will be an excellent opportunity for networking, and for entrepreneurs and wantrepreneurs to learn tips for how to create a successful startup from pros who have been there. The agenda is packed full of fireside chats from accomplished European startup founders, and workshops from top experts on subjects such as marketing, pitching, fundraising and venture capital, analysis of startup ecosystems, bootstrapping, EU funding opportunities, tips on exiting, how to differentiate your startup from competitors, how to create great customer experiences, and more.

Below are 10 things that you will learn about at the EU-Startups Summit. If you haven’t yet, book your ticket now and join us in sunny Barcelona!

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When An Established Company Should Run An Internal Startup

Nimble. Agile. Innovative. These buzzwords tend to apply to startups, not big companies. Though studies from MIT show that the key to transformation is acting like a startup, that’s often not possible. The larger and more established the company, the harder it is to focus on a single challenge and get creative about solving it.

Established companies have everything startups need, including capital, skilled employees, and office space. Lifting those pressures by creating a separate intrapreneurship division, or even a company within a company, gives an internal startup even more freedom to innovate than a startup without a parent company.

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Rocket Startup Relativity Space Announces First Major Launch Client

Rocket startup Relativity Space has announced the first major customer to use its 3D-printed spacecraft for launching small satellites.

Canadian satellite operator Telesat, which plans to loft 100 to 500 orbiting craft that would offer Internet service from space, will rely partly on Relativity launches starting in 2021, the companies said on Friday. Financial terms were not disclosed.

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Tech entrepreneur gives $25M in cryptocurrency to alma mater

A tech entrepreneur and his wife have made a very Silicon Valley donation to his San Francisco alma mater — $25 million, mostly in cryptocurrency.

The gift from Chris Larsen, founder of cryptocurrency company Ripple, and his wife Lyna Lam, to San Francisco State University is already giving officials an education in digital financial services.

Venesia Thompson-Ramsay, interim vice president for university advancement, said Friday the November donation came in as about 56 million XRP — one of thousands of digital-only currencies.

Its value has fluctuated since then. Larsen, who donated $3 million in cash, has guaranteed his alma mater he will make up the difference until the school has the promised $25 million.

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From social entrepreneurship to systems entrepreneurship: how to create lasting change

The 20th anniversary of the Schwab Foundation in 2018 was a pivotal moment to reflect on how far social entrepreneurship has come in the past two decades.

My husband Klaus Schwab and I started the Schwab Foundation for Social Entrepreneurship because we sensed that a distinct, more entrepreneurial approach to alleviating problems associated with poverty and social and environmental challenges was emerging. We saw a new generation of social entrepreneurs who channelled their passion, resources, creativity and sense of injustice into finding new ways to achieve real change.

Too often however, especially in the early years, they worked in relative obscurity in their home countries. They typically had trouble accessing high-level decision-makers who could support their efforts or help them scale, and they were frequently misunderstood by authorities, funders, the media and the general public.[More Info…]