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News on Medial
Investors Explain Why They're Sitting Out of YC Demo Day
Robots
·
1y ago
Medial
Some investors are skipping Y Combinator's Demo Day due to concerns about changes in the startup landscape. They note larger and less selective cohorts, inflated valuations, and reduced event significance. Investors seek more curated platforms to find promising startups and worry that YC Demo Day's quality has declined, leading them to explore other opportunities with a focus on quality over quantity.
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Related News
A Closer Look at Seed Investors’ Biases and Incentives
Robots
·
1y ago
Medial
As Y Combinator Demo Day approaches, it's important to scrutinize the biases and motivations of seed investors, particularly in light of the controversial $2 million SAFE investments at a $20 million cap. Some investors have criticized these raises, while YC partners have defended them. Founders must consider the long-term consequences of their fundraising choices, as different investor types have distinct incentives. While YC offers prestige and a valuable network, it operates on a "survival of the fittest" model that favors high-growth potential. Founders should be aware that raising at higher valuations can pose challenges in future funding rounds and carefully assess their implications.
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Former Sebi chairman backs increased fee for directors | Company Business News
Livemint
·
7m ago
Medial
Former chairman of the Securities and Exchange Board of India (SEBI), M. Damodaran, has recommended increasing the sitting fees of directors to compensate them appropriately for their time and contributions to improving corporate performance. Currently, only 29 out of 72 surveyed companies paid a sitting fee of ₹1 lakh per meeting in FY24. Damodaran also suggested enhancing the sitting fees for board committee meetings and revisiting profit-linked commission payments to incentivize directors to join and stay on boards. Additionally, he emphasized the importance of younger directors and appropriate tenure for board members.
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TechCrunch Minute: YC’s Demo Day highlights our AI startup bubble
TechCrunch
·
1y ago
Medial
Y Combinator recently hosted its demo day event, featuring hundreds of startups that went through its program. The event showcased a variety of startups, with a particular focus on AI. However, there were also other trends and highlights on display during the event. Accelerators, such as Y Combinator, play a crucial role in the startup ecosystem by providing funding and guidance to founders. Y Combinator's demo day is always highly anticipated due to its track record of backing successful startups.
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Over 20 Startups Set To Secure $110 Mn At 9Unicorns’ Fifth DDay
Inc42
·
1y ago
Medial
9Unicorns, a multi-stage accelerator fund, will be hosting its fifth edition of Global Demo Day (DDay) on April 24, 2024. More than 20 startups are set to present their disruptive ideas to global investors from sectors like ecommerce, energy, SaaS, fintech, etc. The portfolio startups of 9Unicorns and Venture Catalysts are projected to secure $110 million in funding during this event. With previous DDay editions raising over $472 million collectively, this event provides an opportunity for startups to gain international exposure and connect with investors worldwide.
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Flipkart Ventures launches Leap Ahead 4.0 to offer up to $500K to startups
IndianStartupNews
·
29d ago
Medial
Flipkart Ventures has launched the fourth edition of its accelerator program, Flipkart Leap Ahead 4.0, targeting early-stage AI-native startups in India. The program offers up to $500,000 in equity investments and provides mentoring on product development, design, and fundraising. Focusing on sectors like fintech and enterprise AI, the initiative aims to foster technological innovations in generative AI, dronetech, and quick commerce. The program culminates in a Demo Day, connecting startups with top investors.
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Goa announces startup accelerator program to boost local entrepreneurship
IndianStartupNews
·
16d ago
Medial
Goa has introduced the Goa Startup Accelerator Program to enhance local entrepreneurship. This mentor-led initiative, managed by the Department of Information Technology, Electronics and Communications, aims to support 30 startups, including 25 registered in Goa. The program spans five months and includes mentorship on product development, business growth, and market access. It concludes with a Demo Day for pitching to investors. The initiative emphasizes structured support, aiming to solidify Goa as an innovation hub.
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Why Should Startups Focus On Customer Insights?
Inc42
·
1y ago
Medial
More than 90% of startups in India do not cross the 10-year mark primarily because of their inside-out mindset and because they don’t listen to the voice of the customer. Every startup founder must know that at the end of the day, business success is based on whether customers choose them over alternatives. Read the full article to know more-
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15 Early Stage Startups Eye $100 Mn Funding From Global Investors At 4th Edition of Demo Day By 9Unicorns
Inc42
·
1y ago
Medial
Mumbai-based accelerator VC 9Unicorns is preparing to host the fourth edition of DDay (Demo Day) on October 5, 2023. The virtual event will give 15 early-stage startups from various sectors the opportunity to present their business models to Indian and international investors. The previous edition of DDay saw 23 startups raise $80 million from global and Indian investors. A focus on deeptech, agritech, and fintech sectors is expected, as consumer trends indicate growth in these areas. The participating startups in this edition have already raised an average of $4 million in prior funding rounds.
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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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Ghazal Alagh keeps a chair empty during strategic meetings; here’s why
Livemint
·
1y ago
Medial
Mamaearth co-founder Ghazal Alagh revealed that she learned an effective decision-making technique from Jeff Bezos. The strategy involves keeping an empty chair in strategic meetings at her startup, Honasa Consumer, and imagining consumers sitting there. This approach helps them re-evaluate ideas from the consumer's perspective and make decisions in the best interest of the consumers. Alagh aims to make Honasa one of the most consumer-conscious companies. Netizens had mixed reactions to this empty chair strategy.
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