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Excessive use of the Alt-Tab toggle could be contributing to a feeling of burnout, a study suggests. Harvard Business Review research finds employees spend 5 working weeks a year toggling between apps. A study published in August by the Harvard Business Review reported by Bloomberg found workers were toggling between different apps and websites up to 1,200 times a day. That "toggling tax," another study suggests, might be helping make employees decide to quit. Okta, an identity and access management company, told Bloomberg its clients deployed 89 apps last year, up from 58 in 2015.
While 51 cloud software developers raised funds at valuations of over $1 billion in the first quarter of 2022, only three did so in the third quarter, Accel's 2022 Euroscape report showed. The valuation of publicly listed cloud companies has also dropped to $1.2 trillion from $2.8 trillion in the last 12 months, Accel said. Rising interest rates and climbing inflation has led to contracted software valuations," said Philippe Botteri, a partner at Accel. "But we firmly believe that strong secular trends, like the shift to cloud, will continue to propel European and Israeli SaaS forward." There is around $770 billion available to buy cloud companies, with $440 billion of cash on the balance sheets of strategic investors and $330 billion of dry powder from technology-focused private equity funds, Accel estimated.
A startup that helps companies build more sustainable products just raised $17.5 million. We got an exclusive look at the 14-slide pitch deck it used to raise the Series A round. A German startup that enables companies to assess the sustainability of their products before going to market just landed 18 million euros (around $17.5 million) in its first institutional raise. Makersite uses AI to create software-based replicas of product designs using technology known as digital twins. Check out the 14-slide pitch deck Makersite used to raise the fresh funds below.
Index Ventures VCs Nina Achadjian and Paris Heymann are betting on vertical software in the downturn. Here's how founders of vertical-software companies can pitch them. Vertical software, or software tailored to specific industries, is poised to do well amid the current economic downturn, two VCs at Index Ventures said. When considering vertical-software companies to invest in, the most important thing they look for is the right kind of founding team. For vertical-software companies, it's important that the founders are familiar with the industry they're trying to sell to, they said.
Worklife Ventures holds weekly meetings for its portfolio company founders to seek advice from successful Silicon Valley operators. You have to have an eye out for people and for new tools," Kimmel said. Worklife Ventures is betting on good returns from its 50 investments in startups, and with nine of them as unicorns, the stakes are high. With venture funds typically having a 10-year life cycle before investment returns are tallied, Worklife Ventures still has a ways to go. Join us October 25 - 26, 2022 for the CNBC Work Summit — Dislocation, Negotiation, and Determination: The World of Work Right Now.
Resonance, a new $146 million fund that will focus on early-stage startups, has launched in Paris. Former Balderton and XAnge principals Maxime Le Dantec and Alban Oudin established the fund. "The sleepiness of the market is our opportunity at the moment," Oudin told Insider. A new $146 million fund that will invest in early-stage European startups in areas like fintech, consumer tech, and B2B SaaS has launched in Paris. Resonance, founded by former Balderton and XAnge principals Maxime Le Dantec and Alban Oudin, has become the early-stage tech arm of French investment firm Otium Capital.
Climate tech startup Climatiq has raised 6 million euros (around $5.8 million) in a seed round. VC firm Singular led the round into the carbon API startup with Cherry Ventures also participating. Companies can also import their own carbon emissions data to provide a more accurate estimate of their impact. Some consumer-focused tools already embed emissions data. Emissions data is already shown on travel sites like Google Flights.
Insider asked top venture capitalists to name the most promising startups of 2022They named many software-as-a-service startups focused on B2B. It's been a rough fundraising year for many startups as VCs have radically slowed spending from 2021 levels. Finding promising, flourishing B2B software-as-a-service, or SaaS, cloud startups in 2022 is a bit more difficult than it has been in years past. Insider asked top investors to name the most promising startups they've seen this year, both in and out of their portfolios. Here are the 16 most promising SaaS startups of 2022, according to VCs, from least to most capital raised:
Layoffs have hit the red-hot climate tech sector as it jostles with the economic downturn. Carbon accounting startup Emitwise has become the latest climate tech startup to lay off staff as the industry jostles with the economic downturn, Insider understands. Climate tech is wide-ranging, encapsulating everything from research and development-heavy batteries to carbon accounting SaaS tools. The energy crisis has been a boon for home energy startups working on rooftop solar, heat pumps, and smart thermostats. At One Ventures' Lin added that in moments of economic difficulty "sometimes the most interesting innovations are born."
Toqio, a London-based fintech SaaS startup, has raised $19.2 million in Series A funding. The startup's platform enables companies to launch their own fintech products. London-based fintech startup Toqio has raised $19.2 million in fresh funding. Companies can access a range of different banking and embedded finance products from the startup's platform. The startup believes its platform and marketplace offer a more cost-efficient way for companies to launch their own financial products.
His startup, Aisera, uses machine learning and natural language processing to resolve customer service, IT, sales, and operations problems by integrating with a host of enterprise applications like Zendesk, Salesforce, Amazon Web Services, and ServiceNow. The startup also offers a conversational AI service, or a chat service, in multiple languages that is meant to quickly resolve certain issues. Funding for AI, machine learning, and data analysis grew to $115 billion in 2021, according to PitchBook data. For example, Dave uses Aisera's conversational AI for its around-the-clock customer service, allowing the startup to resolve customer questions before handing off to a human if the question is more complicated. "Thanks to Shelly, Chegg's global service desk technicians can better focus on solving complex issues and proactive support."
Chief revenue and sales officers are C-suite executives who are in charge of sales and marketing. Simon Vogt is a cofounder and the chief sales officer, or CSO, of &Charge, an electric-mobility startup. "I've always liked working with people," Sascha Koppe, the chief revenue officer, or CRO, of 1Komma5°, a climate-technology startup, said. She told Insider that CROs focus on sales, marketing, and customer service. Salaries"Regardless of the title, revenue board roles in sales, marketing, or growth are compensated much like CEOs and COOs," van Hettinga said.
Analysts say the allegations show VMware's lack of confidence in its big cloud subscription bet. The SEC claims the firm misled investors by — as early as 2019 — purposely delaying customer deals on VMware's cloud subscription product. Yet, the SEC charge is another way VMware's leadership has mishandled communication, according to employees. "Employees are repeatedly being kept out of the loop," one employee tells Insider. Concerns over growthAnalysts say the SEC charge indicates that VMware's growth isn't as fast as it should be.
The database giant's overall revenue grew 18% in the quarter from the same period last year, and its cloud revenue grew 45% to $3.6 billion. That's including the contributions of Cerner, the medical-records company Oracle bought for $28 billion in a big bet on the healthcare market. But it still lags far behind Amazon, Microsoft, and Google in cloud market share, which means it can't afford to stop investing in its cloud platform. The capability allows Amazon Web Services customers to use Oracle's database without leaving AWS. Sources said Oracle's cloud group was virtually unaffected by the cuts.
The private company hit $100 million in annual recurring revenue, reaching "centaur" status. We became a unicorn in 2021 and went from $1 million to $100 million in annual recurring revenue within six years, even faster than Shopify. Going from $0 to $100 million in annual recurring revenue put Aircall in the "centaur" status club this July. Annual recurring revenue is a metric for subscription-based companies that measures how much money the company's subscription contracts generate yearly. Centaur status is a rare title reserved for private software-as-a-service companies that achieve more than $100 million in annual recurring revenue.
"What bigger problem is there to solve for our generation than climate change?" Not only is climate change an existential-level threat to humanity, it is especially dangerous for the poorest communities around the world. "Eventually, it just got to the point where I couldn't justify to myself why I'm still doing something that isn't climate," Kirpichov told CNBC. "It turns out that there are just so many people who are in the same boat," Kirpichov told CNBC. We know Southeast Asia is going to get hit really hard with climate change.
Davis Wright Tremaine is training women founders and creating networking opportunities. The law firm's programs "sought to provide us with a holistic overview of the social impacts of careers in tech, and the practical considerations that were important for success," she said. The law firm's programs linked founders to investors, helping to forge valuable connections for when her company strategizes for growth, Hosey said. The initiative was launched by Lynn Loacker, a partner at the firm and a longtime mergers-and-acquisitions attorney who now works full time on the firm's programs for women entrepreneurs. Helen Adeosun, the CEO of the home-care-training platform CareAcademy, participated in the firm's Women in Entrepreneurship Bootcamp and closed a $9.5 million series A round in 2020.
Charlotte Pallua and Estelle Merle studied at Harvard and had successful corporate careers. "You can make more of a difference as a founder," Merle said. a small to medium-sized company, can use directly with just a few clicks. "We see ourselves as an enabler for retailers and as a supporter of medium-sized companies," Pallua explained. But we think it will actually be most helpful for small and medium-sized businesses," said Estelle Merle.
Mark Harvey left school at 16 and worked in construction, then sales, later partnering in a SaaS company. This as-told-to essay is based on a transcribed conversation with Mark Harvey, a 34-year-old property investor from the Midlands, England. All the construction work dried up. Having multiple property deals acts as a safety net if some deals aren't as profitable as others. I have scaled this portfolio and my model since starting and now have 125 rental units, plus two more that haven't been completed.
Now, Asia's third largest economy is ready for the next big frontier in tech: Coming up with a new generation of software companies like Zoom or Slack. Of India's 10 SaaS unicorns, six reached that milestone in 2020, and investors around the world are paying attention. Thanks to the rise of India's IT industry, software engineering has become one of the most sought-after career options in the country. Despite the euphoria, there are some hurdles Indian companies have to overcome before they can deliver on the $1 trillion promise. SaaS companies, on the other hand, have to say no to 99% of [potential] customers, he added.
Cunoaște ideile de startup ce se dezvoltă în acceleratorul de afaceri Upcelerator by DreamupsPeste 30 de participanți și participante lucrează la ideile lor de afacere de mai bine de opt săptămâni, conectându-se din diferite colțuri ale lumii. Tinerii și tinerele participă complet online în acceleratorul de startup-uri tech, Upcelerator, unde timp de patru luni dezvoltă propria afacere scalabilă și cu impact. Beneficiarii programului primesc suportul necesar din partea a 40 mentori internaționali și locali și lucrează în continuu la dezvoltarea ideii pe platforma de e-learning Upfactory dezvoltată de Dreamups. Participanții vor putea partaja videoclipuri de la orice evenimente curente și să discute despre experiențele și opiniile lor. Balog Szabolcs, Fina Sebastian, Ioana Grozav, Yulia Serbinovich – România, Moldova#Serviciu online pentru planificarea călătoriei, susținut de o platformă socială.
Persons: Wanderer, Sebastian, Ioana, Svetlana, Marina, Ionut Baranga, Ionut Neagu, PlusUs, Dan Danilescu, Nina Petica, STEEPER, Andriy, Nikita, . AlexChef, Cristina Tofan, Alexandru, Ana, Andrei Ceban, Valentin, MentorsHub, Vadim Casap, Dorin Pușcaș, Come2Casa, Diana Matiescu, Ana Dodi, Diana, Acell, Cristian, Catalina Popescu, Ogunranti, Moses Organizations: NOORMAN, JOBYFIT, Fox, Aero, Inga, Upcelerator, Orange Systems Locations: Chișinău, Moldova, România, Cahul, București, Luxemburg, Ucraina, Londra, Bobeica, Irlanda, Italia, Stuttgart, Germania, Chisinau, Ondo, Nigeria
С 8 по 10 июня Бизнес-школа Торгово-промышленной палаты ПМР проведёт новый курс «Современные технологии для управления операционной деятельностью компании. «Семинар для тех, кто хочет быть лучше конкурентов, развивать своё дело, быть более эффективным в работе, результативным в проекте», – отметили в ТПП. По словам организаторов, уникальность семинара заключается в живом общении, в возможности не только задать вопрос и получить ответ, а сразу самостоятельно, без помощи программистов, реализовать решение в собственном аккаунте. Участники семинара узнают о функциональных возможностях SAAS системы ПланФикс, смогут открыть свой аккаунт и освоить базовые навыки работы в таск-менеджере, CRM- и SRM-системах, пригласить в свой аккаунт сотрудников, поставить задачи на выполнение, настроить карточку сотрудника, клиента и т. д.Семинар пройдёт в конференц-зале Торгово-промышленной палаты. С более подробной информацией можно ознакомиться на сайте ТПП ПМР.
Organizations: SRM, ТПП, Торговопромышленной палата Locations: Тирасполь, Приднестровье, ПМР
Since 2017, US military service branches have been rolling out new M17 and M18 handguns. The M17 and the compact M18 variant are the latest in a long line of sidearms that US troops have carried into battle since 1776. This flintlock saw service in the War of 1812 and remained the US Army's standard-issue pistol for over 50 years. Two Model 1805s are featured on the US Army Military Police Corps insignia, and a similar pistol can be seen on the US Navy SEAL emblem. National ArchivesThe most popular Colt design of the 19th century was the Colt Army Model 1860, a .44-caliber revolver adopted just before the Civil War.
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