Twelve months later we have a full-time team and a company successful beyond our wildest dreams. Digital Press, named during one of our many coffee-on-an-apartment-balcony conversations, has been our attempt to empower the world's smartest people to share what they know. We work with carefully selected CEOs, entrepreneurs, investors, and venture capitalists (primarily at businesses doing $10M to $300M in revenue) to share their hard-earned insight with the internet. None of the atrocious writing most PR firms peddle as acumen. None of the ad-speak or jargon nobody finds helpful. Just the hard lessons learned and the personal stories of how these successful people learned them.

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Want to turn every customer or friend into a potential backer of your business? Since regulations changed in 2016, small businesses have been able to raise money from non-accredited individual investors. While equity crowdfunding, as it is now known, can be complicated and expensive, it's also been lucrative for some businesses that have taken the plunge.

Over the past several months, Inc. followed four founders and CEOs who raised money from big groups of people. What they learned: There's no one right way to crowdfund. You can do this sort of fundraising on your own, or you can rely on third parties; three of the following startups paid a commission to use a new Indiegogo platform, which handled their technical and marketing and investor-relations headaches. You do not even have to stick to selling traditional shares of your business. Indiegogo lets the companies that use its equity platform sell debt or preferred stock or other securities instead. (Several of these companies also thanked their investors by giving them sample products, T-shirts, or other types of the rewards that crowdfunding first became known for.)

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Billing your customers is, of course, vital -- but even more critical is getting paid for those bills. Thanks to the ongoing evolution in the payments industry, there are more payment tools and platforms to choose from to help find the perfect option for your business based on how many payments you receive, the type of business you have and your budget.

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Surprising new research from NYU and the Wharton School shows that entrepreneurs who start a business on their own are likelier to succeed than those who do so with one or more partners.

That's pretty much the opposite of what most aspiring founders would guess. After all, you can't be good at everything. You might be a marketing expert but not know how to manage cash flow. Or you might good at building great products but bad at setting prices for them. So you team up with someone who's strong in the areas where you're weak, and you start the business together.

This reasoning seems logical, and it is how most people--even experts--see entrepreneurship. In fact, it is such an ingrained belief that VCs and other investors routinely choose to fund companies founded by teams rather than those with a solo founder.

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Facebook and Walmart had one thing in common, they both built a product people loved. But their journey was different. Understanding how and why building startups is different from small businesses will help you make wiser business decisions. Here are the most important differences you need to know.

complete article

With a chaotic and largely unsuccessful spring semester behind it, the country is getting ready for a school year unlike any other--and teachers, staff, and parents will need all the help they can get.

Education technology companies are well positioned to capitalize on the shift to remote learning.

Published at LXer: There are plenty of people who do not actually understand AI and open-source (or its licensing). But, they choose to jump on using those terms to market their products somehow...

The people from manga tech start up Orange, Inc have sent us details about their latest fundraising. They've managed to get JPY 2.92 billion...

PRZOOM - Newswire (press release) - Tue, 12 Nov 2024 00:00:00 -0500, Appleton WI United States - Voith successfully installed three CleanLine Extract4D cleaning systems for fabrics in the dryer section of a Canadian manufacturer for lightweight packaging and bogus paper - Voith.com

SpaceChainamp;nbsp;today announced it has been accepted into the Google for Startups program. The Google program is designed for early-stage companies such as SpaceChain to help build a sustainable, successful business over the long-term by providingamp;nbsp; the support, services and technology to do so. Under the Google for Startups program, SpaceChain will be able to strengthen its position in leading data and transactional integrity with space infrastructure. Google'samp;nbsp;extensive resources will open multiple opportunities for SpaceChain to explore more advanced processing applications onboard LEO satellites systems as well as future payload launches.

Another example of how the bleeding edge aerospace sector is going through a massive shakeup has surfaced as civilian supersonic startup Exosonic has announced that it is going out of business after being unable to raise needed funding.

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Category: Aircraft, Transport

Tags: Aircraft, Supersonic

Electric scooter and bike sales in India surged 85 percent year on year (YoY) to 1,39,000 units in October, and mainstream brands such as TVS, Bajaj Auto and Hero MotoCorp, with combined sales of 65,489, sold 4,428 more EVs than the other top electric two-wheeler startup brands.

1. TVS, Bajaj, Hero EV sales crosses 65,000 mark in October
2. Top 10 e2W makers had a combined 44 percent market share

Legacy brands registered their best-ever monthly retail sales in October. TVS Motor Co sold 29,930 iQube scooters, regaining its lead over a hard-charging Bajaj Auto (it retailed 28,245 Chetak units), which had outsold TVS in September. Hero MotoCorp sold 7,314 Vida e-scooters. Together, these three companies clocked 65,489 units in sales. On the other hand, India’s top 10 e-two-wheeler startups managed 61,061 units.

Of the total e-two-wheelers sold in October, TVS (21 percent market share), Bajaj Auto (20 percent), and Hero MotoCorp (5 percent) grabbed 47 percent of the market, while the top 10 e2W OEMs had 44 percent. The remaining 9 percent was being fought for by the rest of the field – 196 players. In October, Vahan retail sales data reflected all 209 e-wheeler manufacturers in India.

Ola Electric, which had a torrid August and September, remains the No. 1 e2W OEM. It bounced back with 41,664 units in October, its third-highest monthly score after the 53,640 units in March and 41,794 units in July. With a 30 percent market share, the company accounts for the bulk of the top 10 startups’ sales. Bengaluru-based Ather Energy, which clocked its best-ever monthly retail sales of 16,000 units in October, has an 11.50 percent market share. The remaining eight startups – Bounce, Revolt Motors, River Mobility, Pur Energy, Simple Energy, Okinawa Autotech and Oben Electric – account for 3,397 units and a 5.56 percent market share. Revolt Motors (949 e-motorcycles) and Simple Energy (324 e-scooters) both registered their best-ever monthly sales.

Not very long ago, it was felt that EV startups, with their perceived absence of legacy issues, IT technology prowess, venture capital investments and the ability to burn cash to get a foothold in the market, would stamp their dominance in this segment of zero-emission mobility. However, TVS, Bajaj and Hero MotoCorp, the three legacy ICE OEMs that have diversified and plugged into e-mobility, are proving to be a resilient lot and giving the two-wheeler startup world a run for its money and more.

These three, with their strong R&D setup and component supplier base, are clearly benefiting from their growing localisation levels, the introduction of new variants, brand power and the marketing strength that comes from a large dealer network across the country.

Also see:

Hero Xpulse 421 concept sketch showcased at EICMA 2024

Hero to enter Europe, UK with Vida Z electric scooter

New TVS electric two-wheeler launch by March 2025

Our newest product BreezeDoc did $60,093+ in 40 days. It’s our 4th product in the last 3 years on track to generate $1m in revenue in ~12 months. Last week, I sat down with David Kelly, the General Manager for AppSumo Originals to share exactly how we ideate, build, test, and launch products. The goal […]

The post 5 Lessons From My Newest Startup appeared first on Noah Kagan.

Effective copywriting is your secret weapon for driving conversions. With strategic word choice (based on voice of customer data) and a clear understanding of your target audience, you can craft copy that not only grabs attention but actively encourages action. Here's how...

The post Copywriting for Startups: 7 Lessons To Drive Conversions appeared first on Coaching and training to scale your copywriting business, plus programs for new copywriters, startups, and marketers.

What is it? Answers.OnStartups.com BrightJourney.com: A question and answer site focused on Startups and Entrepreneurship. Who makes it? Stack Exchange (with a dash of clout from Dharmesh Shah) Why is it the killerest? Stack Exchange (the company behind this) have...

Today I was struck again by what an amazing time it is to build an internet startup. I was on a phone call with a startup in the early stages. They've got an awesome idea, a smart team, good connections,...

Washington — Effective process safety management can help prevent hazards and incidents related to process unit startups and shutdowns, according to a new “Safety Digest” from the Chemical Safety Board.

The winners will receive mentorship, strategy guidance and technical support along with a one-year membership on the Friedman School's Food & Nutrition Innovation Council.

The National Deep Tech Startup Policy (NDTSP) Consortium had released the draft policy on Jul 31 for public consultation, and sought feedback till September 15.

Big IT firms such as Accenture, Infosys and IBM along with many midcaps like Persistent, Cyient, Global Logic and others have acquired smaller firms working in cutting-edge technologies.

The Series A round was led by RTP Global while YourNest and Omidyar Network India, an investment firm focused on impact, also participated, along with Global Brain, Blume Founders Fund, Alteria Capital, Stride Ventures, Stride One and 9 Unicorns.

The round was led by venture capital firm IVP and valued the company at about $520 million, according to the company. NEA, NVIDIA, Databricks, and Bessemer Venture Partners also participated in the round.

Commerce Secretary Sunil Barthwal stressed how India's growth rate is nearly double that of other emerging market economies. He was speaking at an event in Singapore organized by the commerce ministry to showcase various investment opportunities in India.

Cloud major looking to export ‘great ideas’ from here, says Gaurav Arora, director and head of startup business in Asia Pacific and Japan at AWS.

Better Brand, Inc., a food tech startup, has announced plans to launch its first product, The Better Bagel—turning one of the most carb-heavy foods into the carb equivalent of ½ of an orange, or 1/5th of a banana.

Space Bank (CEO: Wonhee Lee) began its business in sharing economy to solve problems of imbalance between supply and demand of spaces.

The meeting is one of promotional programs of the Pangyo Techno Valley which has been held every month to discuss major issues of companies in the area with other startup clusters of the world via online.

Program Connects Korean Startups with Key Malaysian Industry Players and Investors

Dennis M. Shirshishov is a seasoned expert in startup growth and the Founder of Growthlimit.com

In Pangyo Techno Valley Start-up campus, I sat down with CMO Brina from Analogue Plus to listen to an explanation of "CRNK," which combined IoT with a safety helmet.

Safe Harbor CPAs is a CPA firm focused on startups and entrepreneurs, including AI entrepreneurship, in San Francisco. The CPA firm is announcing an updated page on accounting services for startups.

HTP Consultancy https://www.htpconsultancy.com/ is a boutique consultancy with a different edge. Harshini Carey is proud to announce the launch of her new company that provides Cyber Security, Privacy, Risk and compliance services.

Pangyo Techno Valley's Pan-Pan Day supports startups in global expansion through monthly events, attracting VCs and companies. The events include pitching, consultations, and networking, focusing on practical solutions for international market entry.

The first FIX Innovation Awards Media Day: IR pitches and Q&A sessions from 8 FIX Innovation Award-winning companies, 11 representatives from 9 global news media, and reporters from 5 Korean news outlets.

Also initiates programs in Mental Health, Women's Empowerment, Childhood Education and Health Care

The trend begun with reading classes, online lectures or other forms of instructional contact-free educations. However, growing number of lectures are opened with interactive formats these days because people have longed for more lively education.

The leading publication in graduate business education compiles the most well-funded MBA startups in it's annual feature

On the 15th, the 10th Pan-Pan Day featured six innovative startups showcasing their unique products and services. The participating companies were PetGround, Pitch Interactive Korea, SOFT LANDERS, Piten, Mbiome Therapeutics, and Bottle.

Staged listing photos have been an effective—and expensive—tool meant to pique the interest of inquiring home seekers. But given the ever-growing landscape of artificial intelligence (AI) in real estate, that hurdle could soon be a thing of the past.  At least, that is where things are headed for Palazzo, an AI-driven interior design platform that…

The post Startup Palazzo Seeing Success Expanding Its Virtual Staging Offering to Brokers appeared first on RISMedia.

The post The Catalyst for Startup Success in a Competitive Landscape [Datawave Overview] appeared first on DailyBlogTips.com.

Nov 13, 2024, 6pm EST

Learn the ins and outs of starting a hardware startup and explore similarities and differences with other types of new venture creation.

Building: Joyce Cummings Center
Campus Location: Medford/Somerville campus
City: Medford, MA 02155
Campus: Medford/Somerville campus
Location Details: 177 College Ave, Medford
Wheelchair Accessible (for in-person events): Yes
Open to Public: No
Primary Audience(s): Alumni and Friends, Faculty, Staff, Students (Graduate), Students (Postdoctoral), Students (Undergraduate)
Event Type: Lecture/Presentation/Seminar/Talk
Subject: Business, Innovation
Event Sponsor: Gordon Institute
Event Sponsor Details: Derby Entrepreneurship Center
Event Contact Name: Carol Denning
Event Contact Email: carol.denning@tufts.edu
RSVP Information: go.tufts.edu…
Event Admission: Free
More info: go.tufts.edu…

Should critical infrastructure orgs boost OT/ICS systems’ security with zero trust? Absolutely, the CSA says. Meanwhile, the Five Eyes countries offer cyber advice to tech startups. Plus, a survey finds “shadow AI” weakening data governance. And get the latest on MFA methods, CISO trends and Uncle Sam’s AI strategy.

Dive into six things that are top of mind for the week ending Nov. 1.

1 - Securing OT/ICS in critical infrastructure with zero trust

As their operational technology (OT) computing environments become more digitized, converged with IT systems and cloud-based, critical infrastructure organizations should beef up their cybersecurity by adopting zero trust principles.

That’s the key message of the Cloud Security Alliance’s “Zero Trust Guidance for Critical Infrastructure,” which focuses on applying zero trust methods to OT and industrial control system (ICS) systems.

While OT/ICS environments were historically air gapped, that’s rarely the case anymore. “Modern systems are often interconnected via embedded wireless access, cloud and other internet-connected services, and software-as-a-service (SaaS) applications,” reads the 64-page white paper, which was published this week.

The CSA hopes the document will help cybersecurity teams and OT/ICS operators enhance the way they communicate and collaborate.

Among the topics covered are:

• Critical infrastructure’s unique threat vectors
• The convergence of IT/OT with digital transformation
• Architecture and technology differences between OT and IT

The guide also outlines this five-step process for implementing zero trust in OT/ICS environments:

• Define the surface to be protected
• Map operational flows
• Build a zero trust architecture
• Draft a zero trust policy
• Monitor and maintain the environment

A zero trust strategy boosts the security of critical OT/ICS systems by helping teams “keep pace with rapid technological advancements and the evolving threat landscape,” Jennifer Minella, the paper’s lead author, said in a statement.

To get more details, read:

• The report’s announcement “New Paper from Cloud Security Alliance Examines Considerations and Application of Zero Trust Principles for Critical Infrastructure”
• The full report “Zero Trust Guidance for Critical Infrastructure”
• A complementary slide presentation

For more information about OT systems cybersecurity, check out these Tenable resources: 

• “What is operational technology (OT)?” (guide)
• “Discover, Measure, and Minimize the Risk Posed by Your Interconnected IT/OT/IoT Environments” (on-demand webinar)
• “How To Secure All of Your Assets - IT, OT and IoT - With an Exposure Management Platform” (blog)
• “Blackbox to blueprint: The security leader’s guidebook to managing OT and IT risk” (white paper)
• “Tenable Cloud Risk Report 2024” (white paper)

2 - Five Eyes publish cyber guidance for tech startups

Startup tech companies can be attractive targets for hackers, especially if they have weak cybersecurity and valuable intellectual property (IP).

To help startups prevent cyberattacks, the Five Eyes countries this week published cybersecurity guides tailored for these companies and their investors.

“This guidance is designed to help tech startups protect their innovation, reputation, and growth, while also helping tech investors fortify their portfolio companies against security risks," Mike Casey, U.S. National Counterintelligence and Security Center Director, said in a statement.

These are the top five cybersecurity recommendations from Australia, Canada, New Zealand, the U.S. and the U.K. for tech startups:

• Be aware of threat vectors, including malicious insiders, insecure IT and supply chain risk.
• Identify your most critical assets and conduct a risk assessment to pinpoint vulnerabilities.
• Build security into your products by managing intellectual assets and IP; monitoring who has access to sensitive information; and ensuring this information’s protection.
• Conduct due diligence when choosing partners and make sure they’re equipped to protect the data you share with them.
• Before you expand abroad, prepare and become informed about these new markets by, for example, understanding local laws in areas such as IP protection and data protection.

“Sophisticated nation-state adversaries, like China, are working hard to steal the intellectual property held by some of our countries’ most innovative and exciting startups,” Ken McCallum, Director General of the U.K.’s MI5, said in a statement.

To get more details, check out these Five Eyes’ cybersecurity resources for tech startups:

• The announcement “Five Eyes Launch Shared Security Advice Campaign for Tech Startups”
• The main guides: 
  • “Secure Innovation: Security Advice for Emerging Technology Companies”
  • “Secure Innovation: Security Advice for Emerging Technology Investors”
• These complementary documents:
  • “Secure Innovation: Scenarios and Mitigations”
  • “Secure Innovation: Travel Security Guidance”
  • “Secure Innovation: Due Diligence Guidance”
  • “Secure Innovation: Companies Summary”

3 - Survey: Unapproved AI use impacting data governance

Employees’ use of unauthorized AI tools is creating compliance issues in a majority of organizations. Specifically, it makes it harder to control data governance and compliance, according to almost 60% of organizations surveyed by market researcher Vanson Bourne.

“Amid all the investment and adoption enthusiasm, many organisations are struggling for control and visibility over its use,” reads the firm’s “AI Barometer: October 2024” publication. Vanson Bourne polls 100 IT and business executives each month about their AI investment plans.

To what extent do you think the unsanctioned use of AI tools is impacting your organisation's ability to maintain control over data governance and compliance?

^{(Source: Vanson Bourne’s “AI Barometer: October 2024”)}

Close to half of organizations surveyed (44%) believe that at least 10% of their employees are using unapproved AI tools.

On a related front, organizations are also grappling with the issue of software vendors that unilaterally and silently add AI features to their products, especially to their SaaS applications.

While surveyed organizations say they’re reaping advantages from their AI usage, “such benefits are dependent on IT teams having the tools to address the control and visibility challenges they face,” the publication reads.

For more information about the use of unapproved AI tools, an issue also known as “shadow AI,” check out:

• “Do You Think You Have No AI Exposures? Think Again” (Tenable)
• “Shadow AI poses new generation of threats to enterprise IT” (TechTarget)
• “10 ways to prevent shadow AI disaster” (CIO)
• “Never Trust User Inputs -- And AI Isn't an Exception: A Security-First Approach” (Tenable)
• “Shadow AI in the ‘dark corners’ of work is becoming a big problem for companies” (CNBC)

VIDEO

Shadow AI Risks in Your Company

4 - NCSC explains nuances of multi-factor authentication

Multi-factor authentication (MFA) comes in a variety of flavors, and understanding the differences is critical for choosing the right option for each use case in your organization.

To help cybersecurity teams better understand the different MFA types and their pluses and minuses, the U.K. National Cyber Security Centre (NCSC) has updated its MFA guidance.

“The new guidance explains the benefits that come with strong authentication, while also minimising the friction that some users associate with MFA,” reads an NCSC blog.

In other words, what type of MFA method to use depends on people’s roles, how they work, the devices they use, the applications or services they’re accessing and so on.

Topics covered include:

• Recommended types of MFA, such as FIDO2 credentials, app-based and hardware-based code generators and message-based methods
• The importance of using strong MFA to secure users’ access to sensitive data
• The role of trusted devices in boosting and simplifying MFA
• Bad practices that weaken MFA’s effectiveness, such as:
  • Retaining weaker, password-only authentication protocols for legacy services
  • Excluding certain accounts from MFA requirements because their users, usually high-ranking officials, find MFA inconvenient

To get more details, read:

• The NCSC blog “Not all types of MFA are created equal”
• The NCSC guide “Multi-factor authentication for your corporate online services”

For more information about MFA:

• “Multifactor Authentication Cheat Sheet” (OWASP)
• “Deploying Multi Factor Authentication – The What, How, and Why” (SANS Institute)
• “How MFA gets hacked — and strategies to prevent it” (CSO)
• “How Multifactor Authentication Supports Growth for Businesses Focused on Zero Trust” (BizTech)
• “What is multi-factor authentication?” (TechTarget)

5 - U.S. gov’t outlines AI strategy, ties it to national security 

The White House has laid out its expectations for how the federal government ought to promote the development of AI in order to safeguard U.S. national security.

In the country’s first-ever National Security Memorandum (NSM) on AI, the Biden administration said the federal government must accomplish the following:

• Ensure the U.S. is the leader in the development of safe, secure and trustworthy AI
• Leverage advanced AI technologies to boost national security
• Advance global AI consensus and governance

“The NSM’s fundamental premise is that advances at the frontier of AI will have significant implications for national security and foreign policy in the near future,” reads a White House statement.

The NSM’s directives to federal agencies include:

• Help improve the security of chips and support the development of powerful supercomputers to be used by AI systems.
• Help AI developers protect their work against foreign spies by providing them with cybersecurity and counterintelligence information.
• Collaborate with international partners to create a governance framework for using AI in a way that is ethical, responsible and respects human rights. 

The White House also published a complementary document titled “Framework To Advance AI Governance and Risk Management in National Security,” which adds implementation details and guidance for the NSM.

6 - State CISOs on the frontlines of AI security

As the cybersecurity risks and benefits of AI multiply, most U.S. state CISOs find themselves at the center of their governments' efforts to craft AI security strategies and policies.

That’s according to the “2024 Deloitte-NASCIO Cybersecurity Study,” which surveyed CISOs from all 50 states and the District of Columbia.

Specifically, 88% of state CISOs reported being involved in the development of a generative AI strategy, while 96% are involved with creating a generative AI security policy.

However, their involvement in AI cybersecurity matters isn’t necessarily making them optimistic about their states’ ability to fend off AI-boosted attacks.

None said they feel “extremely confident” that their state can prevent AI-boosted attacks, while only 10% reported feeling “very confident.” The majority (43%) said they feel “somewhat confident” while the rest said they are either “not very confident” or “not confident at all.”

Naturally, most state CISOs see AI-enabled cyberthreats as significant, with 71% categorizing them as either “very high threat” (18%) or “somewhat high threat” (53%).

At the same time, state CISOs see the potential for AI to help their cybersecurity efforts, as 41% are already using generative AI for cybersecurity, and another 43% have plans to do so by mid-2025.

Other findings from the "2024 Deloitte-NASCIO Cybersecurity Study" include:

• 4 in 10 state CISOs feel their budget is insufficient.
• Almost half of respondents rank cybersecurity staffing as one of the top challenges.
• In the past two years, 23 states have hired new CISOs, as the median tenure of a state CISO has dropped to 23 months, down from 30 months in 2022.
• More state CISOs are taking on privacy protection duties — 86% are responsible for privacy protection, up from 60% two years ago.

For more information about CISO trends:

• “What’s important to CISOs in 2024” (PwC)
• “The CISO’s Tightrope: Balancing Security, Business, and Legal Risks in 2024” (The National CIO Review)
• “State of CISO Leadership: 2024” (SC World)
• “4 Trends That Will Define the CISO's Role in 2024” (SANS Institute)

Toronto, ON – Since 2005, Y Combinator (YC) has launched 1,200 startups which have a combined valuation of over $65 billion. Without the help of this seed accelerator, companies such as DoorDash, Code Academy and Thalmic Labs would have been lost. On Friday, January 20, 2017, YC will be inaugurating Accelerator Weekend with a panel led […]

Nanovista is one of the first 22 up-and-coming companies selected to be part of JLABS @ Toronto, an innovative research centre designed to advance bio/pharmaceutical, medical device, consumer and digital health programs. “Being a part of JLABS brings us one step closer to commercializing and delivering this product to market to help patients,” said Jinzi Zheng of […]

Research and startups pushing transit beyond the simple subway-or-streetcar divideThis edition of U of T Cities features researchers and entrepreneurs working to build the future of transit. Reimagine the downtown and beyond with transit policy expert Prof. Eric Miller; Richard Sommer, dean of the Daniels Faculty of Architecture, Landscape and Design; and alumnus Taylor Scollon, […]

According to a report by CNBC, the number of payrolled jobs lost since the start of the global coronavirus pandemic is more than double the number lost during the Great Recession. The same report features testimony from a number of recent graduates who have had job offers withdrawn due to the economic shutdown, creating a semi-hidden tier of additional employment loss. We are potentially looking at an entire ...

A bird chirps and I can hear the distant sound of a soft tropical rain. It's night there even though it's day here. One person is beginning their day and the other is exhausted. This is our morning/night meeting and we're on Skype. Later on, it's night on the other side of the world and apparently the mosquitoes are out in droves. And then the ...