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News on Medial
YC's Essential Startup Advice
Internet
·
6m ago
Medial
Much of the guidance we provide to startups is tactical, aimed at assisting with daily or weekly operations. However, some advice is more fundamental and transformative. Discover what Y Combinator considers the most crucial insights for startups, whether they seem like common sense or are counterintuitive. This blog serves as a valuable resource to help startups navigate their path to success. Enjoy reading, and be sure to bookmark it as a go-to reference for essential startup wisdom that can guide you through your entrepreneurial journey.
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Beeper acquired by Automattic, fintech's decline and YC's lack of LatAm founders
TechCrunch
·
1y ago
Medial
TechCrunch recently reported on acquisitions in the startup world, including Automattic's purchase of Beeper for $125 million. This follows Automattic's acquisition of Texts.com in 2020. Additionally, Proton acquired Standard Notes and there was discussion on the Wonderschool-Early Day deal. In other news, Payjoy's impressive new run rate was highlighted, and Proxima Fusion's funding round aimed to advance the energy revolution. The article also mentioned Y Combinator's decline in Latin American startup participation, potentially linked to a decrease in investor interest in fintech in the region.
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Spirited investment - The Economic Times
Economic Times
·
1m ago
Medial
Investing in shares requires guidance, patience, and equanimity to navigate market volatility. Early losses are common, and thoughtful decision-making with timely exits is essential. Drawing parallels to spiritual teachings from the Bhagavad Gita, the article stresses maintaining a balanced approach towards market ups and downs. Recognizing wealth as a means to a balanced life, not the ultimate goal, it underscores the importance of expert advice and learning from mistakes to achieve financial and spiritual wisdom.
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YC's Winter 2024 Demo Day confirms that we are indeed in an AI bubble
TechCrunch
·
1y ago
Medial
Y Combinator's Winter 2024 cohort presented their pitches during the accelerator's first demo day, showcasing a variety of startups with interesting applications. Some staff favorites included Aidy, an AI-powered platform that helps companies find and apply for grants; Givefront, a banking platform for nonprofits; Buster, a software that links databases and large language models; Numo, which offers banking services for contractors in emerging markets; Intercept, using AI to help consumer packaged goods brands aggregate retail fees; and many more. Each startup stood out for its unique value proposition and potential impact in various industries.
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‘How to kill a company?’ Shark Tank's Anupam Mittal has advice for entrepreneurs
Livemint
·
1y ago
Medial
Anupam Mittal, founder of Shaadi.com and Shark Tank judge, shared advice on building a successful leadership team. He emphasized the importance of hiring the right people, as wrong leadership can kill a company. Mittal suggested having multiple meetings with prospective hires in a relaxed environment, conducting unnamed reference checks through personal networks, and focusing on hiring "builders" who have traits like high learning agility, strong ownership, outcome orientation, and candor. He concluded that building a winning leadership team takes time but is essential for reducing workload.
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'10-Minute Human Delivery’? Bengaluru Startup’s Unique Pitch Sparks Discussion
OutlookIndia
·
5m ago
Medial
Topmate.io, a Bengaluru startup, claims to offer "10-minute human delivery," enabling users to connect with experts for real-time advice and guidance. This unique delivery model, pitched as quicker than companies like Blinkit or Instamart, sparked online debate. Users can access a wide range of expert advice, from career guidance to niche domains, between 6 and 10 pm daily. Despite positive reactions, skeptics question the quality and credibility of these on-demand experts.
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How YC's biggest startups run A/B tests (with examples)
Internet
·
11m ago
Medial
This article explores innovative A/B testing practices of successful Y Combinator startups. Monzo prioritizes quick, low-risk experiments; Instacart solved complex sampling issues for delivery optimization; Coinbase developed 'universes' to scale testing; Airbnb uses interleaving for search results and dynamic p-values for accuracy; and Convoy employs Bayesian testing to encourage more changes. These approaches showcase creative solutions to common A/B testing challenges in various business contexts.
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Apple Watch saves another life with its diagnosis feature
Livemint
·
1y ago
Medial
An Oklahoma woman credits her Apple Watch for saving her life after receiving an alert about an irregular heart rhythm. Judith Luebke initially considered delaying a doctor's visit but was persuaded by the watch's notification and advice from those around her to seek medical attention. The prompt visit resulted in a surprising diagnosis of diabetes and elevated blood sugar levels. Luebke expressed her gratitude to Apple CEO Tim Cook, who responded on the same day, acknowledging the life-saving role played by Apple's technology. The Apple Watch has become an essential part of Luebke's routine, having truly saved her life.
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Chai Sutta Bar co-founder shares 5 lessons for startups
Inshorts
·
1m ago
Medial
Anubhav Dubey, Chai Sutta Bar co-founder, receives message “My startup is failing”, often. In response, he shares five honest lessons for struggling founders: solve real problems, understand your own market, spend wisely, add value instead of cutting prices, and don’t quit too early. His advice is a wake-up call for anyone stuck in the startup grind.
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Why mentorship is the game-changer for startup success?
Inshorts
·
4m ago
Medial
The right mentor can accelerate startup growth by offering expert guidance, avoiding common pitfalls, and expanding networks. From strategic insights to investor connections, mentorship provides invaluable support at every stage. Beyond business advice, mentors also offer encouragement, helping entrepreneurs stay motivated through challenges.
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We tested Anthropic's new chatbot -- and came away a bit disappointed
TechCrunch
·
1y ago
Medial
Anthropic, the AI startup backed by Google and Amazon, has released a new family of models called Claude 3, claiming they outperform OpenAI's GPT-4 on various benchmarks. However, TechCrunch argues that the benchmarks used aren't representative of the average user's experience. To test the performance of the new models, TechCrunch designed their own set of questions covering various topics like current events, history, trivia, medical advice, therapeutic advice, race relations, and more. The results show that while Claude 3 models are helpful for certain tasks, they struggle with current and recent events and lack third-party app integrations.
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