BetterTech’s Post

Scaling Success in Startups: Navigating Growth Challenges 💼 Pankaj Dhingra, CTO at Lighthouse, delves into the complexities of startup expansion. He emphasizes the crucial transition from a single, unified team to a more segmented approach as a company grows. Pankaj highlights the importance of organizational and code refactoring, and the adoption of contract-based development. This strategy enables larger teams to work independently on different parts of the same application, facilitating efficient scaling and collaboration in rapidly growing startups. Listen to full conversation: https://lnkd.in/dWJN8GhX Subscribe to our channel: https://lnkd.in/d9XGFX75 #Startup #ScalingStrategies #Technology #Success #TechLeadership #StartupGrowth #Innovation #SaaS #PaaS #MobileApps #AI #eDiscovery #LighthouseGlobal #HealthTech #SoftwareDevelopment #TechStrategy #Entrepreneurship #BusinessScaling #TechInsights #StartupSuccess #StartupSeries #BetterTech #TheBetterTech #BetterTechPodcast

Resilience in Startups: Embracing Challenges with Agility 🌟 Pankaj Dhingra, CTO at Lighthouse, imparts wisdom to budding entrepreneurs on the essence of resilience. He underscores the importance of curiosity, flexibility, and the willingness to experiment. Highlighting customer-centric technology development as a cornerstone for differentiation, Pankaj emphasizes that staying true to one's mission paves the way for success. He candidly shares that immediate triumphs are not always indicative of long-term victory, encouraging startups to persevere through early-stage obstacles. Listen to the full conversation: https://lnkd.in/dWJN8GhX Subscribe to our channel: https://lnkd.in/d9XGFX75 #Startup #ScalingStrategies #Technology #Success #TechLeadership #StartupGrowth #Innovation #SaaS #PaaS #MobileApps #AI #eDiscovery #LighthouseGlobal #HealthTech #SoftwareDevelopment

📈 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗺𝘂𝗹𝘁𝗶𝗽𝗹𝗲𝘀 𝗼𝗳 𝗔𝗜 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗯𝗮𝘀𝗲𝗱 𝗼𝗻 𝘁𝗵𝗲𝗶𝗿 𝗳𝗼𝗿𝘄𝗮𝗿𝗱-𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 According to The Information, the valuations of AI startups, based on projected future revenue, are starting to decline. 📊 𝗖𝗼𝗺𝗽𝗮𝗿𝗶𝘀𝗼𝗻 𝘄𝗶𝘁𝗵 𝗦𝗮𝗮𝗦: The average multiplier for public SaaS companies is 7x. This serves as a benchmark for evaluating AI startups. Follow me for more information about startups! 🚀 #AI #Startups #Valuation #TechTrends #SaaS #Revenue #Investment #TechNews #AIStartups 

PrometAI adopts a customized approach to evaluating startups. Initially, PrometAI forecasts the future cash flows of startups based on their business narratives. Then, PrometAI applies a discount rate to those future cash flows, a rate typically used for established companies. However, we recognize that startups face a significantly higher risk of failure and are often highly illiquid. Therefore, PrometAI adjusts the Net Present Value (NPV) of those cash flows, considering the survival rates of companies within that particular industry, based on empirical research. PrometAI also adjusts the valuation to account for the lack of liquidity. This adjustment often results in a discount rate almost double, or a valuation approximately half of what it might otherwise be. What are your thoughts on this valuation strategy? Consider sharing ♻️ this post if it was useful and follow PrometAI + tap🔔 to see all future posts. #businessplan #startup #valuation

Innovation-driven growth enables startups to stay ahead of competitors, capitalize on first-mover advantages, and establish leadership positions in their respective industries. Here are some key reasons why innovation is significant for startups: 🚀Innovation allows startups to differentiate themselves from competitors by offering unique products, services, or solutions that address unmet customer needs or solve existing problems in new ways. By innovating, startups can create a distinct value proposition that sets them apart in the marketplace and attracts customers. 🚀Innovative startups have the potential to disrupt traditional industries and markets by introducing disruptive technologies, business models, or approaches. Disruptive innovation can challenge incumbents, break down barriers to entry, and create new opportunities for startups to gain market share and grow rapidly. 🚀In today's fast-paced business environment, startups must be agile, adaptable, and resilient to navigate uncertainties and market shifts. Innovation enables startups to continuously evolve, iterate, and pivot in response to changing customer preferences, technological advancements, and competitive pressures. Startups that embrace innovation are better equipped to seize opportunities and overcome challenges in a dynamic marketplace. 🚀Innovation allows startups to stay closely aligned with customer needs, preferences, and expectations. By continuously innovating and iterating based on customer feedback and market insights, startups can develop products and services that resonate with their target audience and deliver exceptional value. Customer-centric innovation fosters customer loyalty, satisfaction, and advocacy, driving long-term success and growth for startups. Read more in the comments⬇️ https://lnkd.in/dbAB8EBT

Fueling the Next Wave of Innovation: Class 11 Seed Funding! 🚀 As a member of the team at 100X.VC, I have seen some intriguing businesses, and indeed Class 11 has become a gateway to supercharge any founder's startup journey! Why Class 11 Seed Funding? * Tailored support for early-stage ventures. * Accelerated growth with strategic mentorship. * Access to a dynamic ecosystem of industry leaders. Track Record: Our portfolio speaks volumes! From scalable EnterpriseTech solutions to groundbreaking CleanTech innovations and transformative ConsumerTech platforms, we've empowered ventures that redefine industries. Unleashing the Power of Generative AI:  In Class 11, we're especially eager to explore ventures harnessing the potential of Generative AI. The future is now, and we're on the lookout for startups propelling the AI revolution forward. Why 100X.VC? * Proactive mentorship from Partners & marquee entrepreneurs - operator mindset first! * A diverse portfolio spanning tech landscapes. * A collaborative community of 350 (co)founders - 150+ portfolio startups Ready to amplify your startup journey? If you are building for tomorrow's India and the globe, then lets speak. Apply for Class 11 Seed Funding now! Apply Here: www.100x.vc/class11 Sanjay Ninad Yagnesh Shashank Vatsal Utpal Shobana Sejal Prakruti Prateek Nidhi Yash Saachi Shreya #Class11SeedFunding #Startup #EnterpriseTech #SaaS #CleanTech #ConsumerTech #DeepTech #GenerativeAI #100XVC #Innovation #Fintech #Agritech #Healthtech #Edtech #B2B #D2C #startups #startupfounders #founders #zerotoone #seedfunding

AI is the future

"Investors may be betting big [...] on the ones they believe in while letting those they are less sure about wither away at earlier stages of funding." Not surprising at all and expected 🤔 The good news: Proper tech startup scouting is increasingly appreciated in this phase, leading to more well thought early stage investments. #technology #innovation #business #artificialintelligence #ai #startups #entrepreneurship #management #funding #angelinvesting #earlystage #seriesa #investor #venturecapital #vc

According to PitchBook's data, Unicorn creation rose 48% in Q1 (compared to Q4 2023). What do you think is the cause of the rise in Unicorns? #Unicorn #VCbacked #vcfunded #GenerativeAI #AI #Tech #startups #techstartups #hiring https://lnkd.in/g_RNinbn

CB Insights just released their comprehensive State of Venture Q2’24 Report. Here are the key insights: 🚀 AI startups dominate: securing nearly a third of all funding, AI startups outshine the rest, while the broader venture ecosystem shows modest activity in Q2'24. 💹 Venture funding surge: funding increased to $65.7 billion, marking an 8% increase from the previous quarter, despite a continuous drop in the number of deals. 📈 Bigger bets: the average deal size jumped to $14.4 million, up 17% compared to last year, highlighting a shift towards fewer, yet bigger investments. 🤖 AI on the rise: AI startups took 28% of global funding, reaching a record $18.3 billion in Q2'24, with several deals surpassing the $1 billion mark. 🦅 US exit boost: the US exit activity intensified, capturing 39% of the market—the highest in two years—driven by major IPOs and acquisitions. 📊 Sector insights: Fintech funding surged to $8.9 billion. In contrast, retail tech funding stalled, and digital health investments fell by 26%. Link to the full report in the comments. #startups #entrepreneurship #AI #venturecapital #funding #technology #VC #M&A #IPO