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Ben’s List for Entrepreneurs W52 – Selected

Curiously enough, I now realize that there is a red thread among this week list of articles – with a few exceptions of course. It is all about understanding people.

How do venture capitalists build networks and platforms to get access to the best talent? With people.

How do you build better products? Listening to your users (people).

How do we avoid algorithm bias when coding intelligent machines? Keeping people in mind.

Doing a newsletter? Ask your readers.

What about podcast growth? Well, the human voice is so… human.

And how do you become a better person? Listening to yourself, better.

You see, it’s all about the people. Tech is still a people business.

We’re also checking some key trends in social media, venture investment and climate change (TL;DR: it’s bad).

So let’s dive in those 12 articles, 1 book and a special message for 2020.

Book

PYTHAGORAS’ TROUSERS | Kirkus Reviews

“The role of women in mathematics and physics through the ages, starting with the Pythagoreans. … the stories of the females who tackled physics, astronomy, and mathematics (and the men who encouraged them)”.

PYTHAGORAS’ TROUSERS | Kirkus Reviews
Are physicists a priesthood excluding women on age-old grounds that women can’t be “ordained″? So argues Wertheim, Australian- educated physicist/mathematician cum science writer. Taking the long view, she traces the role of women in mathematics and physics through the ages, starting with the Pyth…
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Venture Capital

7 Rejections

If at first you don’t succeed, try, try, again. Perhaps even more relevant today.

7 Rejections
On June 26, 2008, our friend Michael Seibel introduced us to 7 prominent investors in Silicon Valley. We were attempting to raise $150,000 at a $1.5M valuation. That means for $150,000 you could have…
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Paths into Venture Capital: Decoding the VC Platform role

A Platform role (or roles) vary by title but responsibilities typically fall into these six buckets:

  • Talent
  • Business Development
  • Content, Marketing & Communications
  • Community & Network
  • Operations
  • Events

Paths into Venture Capital: Decoding the VC Platform role
In this series, “Get a job in VC,” we’ll cover how to break into the venture capital industry, including the right way to approach the search, paths into investing and Platform roles, resources for…
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Building A Network In VC: Random Acts Of Kindness

One of the most important assets a venture capitalist can have is their network. A strong network can be the source of deal flow and intel about live rounds, a value-add to your portfolio companies, knowledge about market dynamics, and much more. As much as data science and technology is permeating the industry, nothing trumps the power of a strong network.

#15: Building a network in VC: random acts of kindness
Random acts of kindness go a long way.
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  • Link: socraticvc.com/posts/15-building-a-network-in-vc-random-acts-of-kindness
  • Author: Aksha Bajwa

The Capital Behind Venture: 2020 (Report)

Nice, consolidated report covering the European VC ecosystem. Post-Christmas day reading!

The Capital Behind Venture
The Capital Behind Venture Report provides insights from Limited Partners and family offices who are interested in investing in Europe’s most promising venture funds.
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Sustainability

The Environmental Impact of 2020: Nature is not healing

The Mona Loa Observatory reported a seasonal peak of 417.1 parts per million in May 2020, compared to 408 ppm in 2019. It is the highest monthly reading ever recorded, in millions of years.”

FUCK.

The Environmental Impact of 2020: Nature is not healing – Plan A Academy
This report investigates the environmental impact of 2020 during the covid19 pandemic. Nature is not healing. What is an environmental impact?

Politics

The coming war on the hidden algorithms that trap people in poverty

[Our Clients are] enmeshed in so many different algorithms that are barring them from basic services. And the clients may not be aware of that, because a lot of these systems are invisible.

The coming war on the hidden algorithms that trap people in poverty
A growing group of lawyers are uncovering, navigating, and fighting the automated systems that deny the poor housing, jobs, and basic services.
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Newsletter

Curiosity and consistency: thoughts on growing a newsletter

In the early days, all that matters is to build the habit and to be consistent so you can find your voice and define your value. Making mistakes is one of the best ways to grow. Try to only look up information on a “need-to-learn” basis.

Curiosity and consistency: thoughts on growing a newsletter

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Management

Read This Before Joining as Employee 1 to 20 at a Startup

When I say it’s a trial by fire for first employees, it’s also in a way you may not consider. The first person they fire will have an outsized impact on that team’s future.

Read This Before Joining as Employee 1 to 20 at a Startup
Stacy La made the leap from design at Yammer and Microsoft to Clover Health, when the bootstrapped startup was only four people. Now, the company’s raised over $425M, 500+ employees strong, and La leads an eight-person design team. Read on for her tactics on how to survive — and thrive — as an early…
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Product

The Founder’s Guide to Actually Understanding Users

  1. Generative user research
  2. eVALUEative user testing
  3. Usability testing
  4. Continuous discovery

The Founder’s Guide to Actually Understanding Users
When building any technology product, one of the most common pieces of advice is “talk to your users.” But the default way most of us talk to customers and prospects is unscientific and fraught with…
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Social Media

The Next Phase of Social? Listen Closely

Because when Andreessen Horowitz calls it, it’s usually worth a listen.

We anticipate that the audio innovation of the next decade will rival what we’ve seen in video apps over the past few years.

The Next Phase of Social? Listen Closely

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Pinterest Predicts 2021 (report)

THIS! All of this! Trust me.

Pinterest predicts 150+ emerging trends for the year ahead.
From athflow fashion to Japandi aesthetic, these top trends for 2021 are sourced straight from Pinterest’s future-facing data.
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Psychology

How To Think For Yourself

Paul Graham. Need I say more?

How to Think for Yourself

Fuck 2020

Oh behalf of the entire world, Canadian social impact agency Public Inc. absolutely nails it. I mean, when even the known-for-their-politeness Canadians are producing a message like this, well … yeah. Fuck 2020.

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Fundraising 2 days ago

The European health-tech sector continues its robust growth trajectory, with personalised healthcare solutions attracting significant investor attention across the continent. This trend reflects growing consumer awareness of preventive healthcare and the increasing sophistication of at-home diagnostic technologies. Holo, a startup developing personalised lab testing and daily health tracking solutions, has secured €1 million in pre-seed funding to accelerate its mission of making precision health accessible to European consumers. The funding round was led by Calm/Storm Ventures and Mission VC, two investors with complementary expertise in health technology and consumer applications. This combination provides Holo with both deep sector knowledge and go-to-market experience crucial for navigating Europe’s complex healthcare regulations and fragmented markets. Pre-seed funding positions personalised health tracking for growth Calm/Storm Ventures’ participation signals confidence in Holo’s approach to democratising health insights through accessible testing solutions. The investor’s portfolio focus on consumer health technologies aligns perfectly with the growing European demand for proactive health management tools. Mission VC’s involvement brings additional expertise in scaling technology platforms across European markets, particularly valuable given the varying regulatory landscapes across EU member states. The €1 million pre-seed represents a substantial early-stage commitment for European health-tech, reflecting investor appetite for solutions that bridge the gap between clinical diagnostics and consumer wellness. Both lead investors recognise the significant opportunity in personalised health tracking, where traditional healthcare systems are increasingly supplemented by direct-consumer solutions. “We’re seeing unprecedented demand for health insights that people can act upon immediately,” noted a representative from the investment consortium. “Holo’s approach to combining laboratory-grade testing with daily tracking creates a compelling value proposition for European consumers seeking greater control over their health outcomes.” European health-tech market expansion accelerates Holo’s platform addresses a critical gap in the European healthcare landscape, where traditional systems often focus on treatment rather than prevention. By enabling users to access personalised lab testing and continuous health monitoring, the company positions itself at the intersection of two growing trends: the quantified self movement and precision medicine accessibility. The startup plans to utilise the funding to expand its testing capabilities and enhance its daily tracking algorithms. This development focus acknowledges the unique challenges of operating across European markets, where data privacy regulations like GDPR require sophisticated technical architecture and consumer trust remains paramount. Within the competitive landscape, Holo differentiates itself through its integrated approach to both laboratory testing and continuous monitoring. While competitors often focus on either diagnostic testing or wellness tracking, Holo’s combined platform offers users a more comprehensive view of their health status and trends. The funding positions Holo to capture market share in Europe’s expanding health-tech sector, where regulatory clarity around digital health solutions continues to improve. This represents a significant opportunity for European startups to compete effectively against US-based platforms while maintaining compliance with stringent EU data protection standards. European health-tech funding has consistently outpaced other regions in the preventive healthcare segment, indicating strong ecosystem support for solutions like Holo’s integrated platform.

Fundraising 2 days ago

European e-commerce is experiencing a paradigm shift as artificial intelligence transforms how consumers discover and purchase products online. The fragmented nature of European retail markets, with their diverse languages, currencies, and consumer preferences, creates unique opportunities for AI-powered solutions that can bridge these gaps intelligently. Paris-based Dialog has secured €3.7 million in funding to accelerate the development of its AI shopping agent technology. The round was led by Galion.exe, marking a significant investment in the emerging category of conversational commerce platforms designed specifically for European market complexities. AI Shopping Agent Investment Attracts European Venture Capital Galion.exe’s decision to lead this AI shopping agent funding round reflects the venture firm’s thesis on the intersection of artificial intelligence and commerce in Europe. The Paris-based investor has built a reputation for backing B2B software companies that address the unique challenges of operating across multiple European jurisdictions and markets. Dialog’s impressive traction metrics played a crucial role in attracting investment interest. The company has generated over 300,000 add-to-cart events through its platform, demonstrating significant user engagement and commercial viability. This level of conversion activity suggests that European consumers are increasingly receptive to AI-assisted shopping experiences when properly localised. “The European e-commerce landscape is ripe for intelligent automation that understands local market nuances,” said a spokesperson from Galion.exe. “Dialog’s approach to conversational commerce addresses real pain points for both consumers and retailers operating across diverse European markets.” Conversational Commerce Platform Targets European Market Expansion Dialog’s AI shopping agent operates as an intelligent intermediary between consumers and e-commerce platforms, using natural language processing to understand purchase intent and guide users through product discovery. The technology is particularly well-suited to European markets, where consumers often navigate multiple languages, currencies, and regulatory frameworks within a single shopping journey. The €3.7 million funding will primarily support product development and market expansion across key European territories. Dialog plans to enhance its multilingual capabilities and integrate with major European e-commerce platforms, addressing the fragmentation that has historically challenged cross-border retail growth in the region. Unlike Silicon Valley counterparts that often adopt a one-size-fits-all approach, Dialog has designed its platform with European regulatory compliance in mind from the outset. This includes GDPR-compliant data handling and transparent AI decision-making processes, positioning the company advantageously as European AI regulations continue to evolve. The competitive landscape in conversational commerce remains relatively open in Europe, with most established players focused on North American markets. This creates a significant opportunity for Dialog to establish market leadership while European e-commerce continues its rapid digitisation. Dialog’s successful funding round signals growing investor confidence in European AI applications that address real commercial needs rather than pursuing theoretical breakthroughs. As European venture capital increasingly focuses on practical AI implementations, Dialog’s approach represents a template for building sustainable, regulation-compliant technology businesses in the region.

event management funding
Fundraising 2 days ago

Europe’s fragmented event industry is ripe for digital transformation, with administrative complexity creating significant friction for organisers across multiple jurisdictions. Belgian startup Rookoo has secured €900k in funding to tackle this precise challenge, positioning itself at the intersection of AI-powered automation and European regulatory compliance. The funding round signals growing investor confidence in B2B software solutions that address sector-specific pain points across European markets. Rookoo’s platform promises to streamline event administration through intelligent automation, particularly relevant as European event volumes rebound post-pandemic. Event management funding targets administrative efficiency The €900k investment reflects broader trends in European enterprise software, where investors increasingly back solutions addressing regulatory complexity and operational inefficiencies. The funding enables Rookoo to expand its AI-driven platform across European markets, where event organisers face varying compliance requirements and administrative burdens. Rookoo’s approach leverages artificial intelligence to automate routine administrative tasks that typically consume significant resources for event organisers. The platform addresses pain points ranging from vendor management to regulatory compliance, areas where manual processes create bottlenecks and increase operational costs. The timing aligns with European businesses’ accelerated digital adoption, particularly in sectors where administrative overhead directly impacts profitability. Event management represents a prime target for automation, given the repetitive nature of many organisational tasks and the industry’s traditionally fragmented approach to technology adoption. Belgian startup targets global event industry transformation From its Belgian headquarters, Rookoo is building technology designed to scale across diverse European regulatory environments. The company’s focus on administrative chaos reflects deep understanding of European market dynamics, where cross-border events require navigation of multiple compliance frameworks. The startup’s AI-powered approach differentiates it from traditional event management software, which typically requires manual configuration and ongoing maintenance. Rookoo’s platform learns from user behaviour and industry patterns, potentially reducing the administrative burden that currently limits growth for many European event businesses. Belgium’s position as a European technology hub provides strategic advantages for Rookoo’s expansion plans. The country’s proximity to major European markets and established connections within the Brussels business ecosystem offer natural pathways for customer acquisition and partnership development. The €900k funding round positions Rookoo to capture market share in an industry where digital transformation remains incomplete. As European event organisers seek competitive advantages through technology adoption, solutions addressing fundamental operational challenges are likely to gain traction rapidly.

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