Fri, 30 September 2022
Startups Are Not Big Companies Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Big companies are those who have found product-market fit and have encapsulated their repeatable and scalable business model into processes. Big companies who want to achieve innovation will find that they are not startups. Startup ideation creates new ideas that disrupt those existing processes. New business models, products, and concepts often don’t fit into the big companies' current programs. They have metrics and KPIs that track the current processes. This is why it’s hard for big companies to innovate. While big companies may want to innovate they rarely have the tools in place to do so. The processes and programs for generating startup ideas are different from those that are optimized to execute on them at scale. To launch a startup ideation process many companies create a separate group that can run under different metrics. This group uses metrics that track startup ideas, investigations, market validation, and other steps. They have a different incentive plan that fosters new idea creation, validation, and testing. They often reside outside the firm’s location as the culture and mindset are also different. If you are considering startup ideation at your work, keep these points in mind.
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound.
Direct download: Startup_Funding_Espresso_--_Startups_are_not_big_companies.mp3
Category:general -- posted at: 5:00am CDT |
Fri, 30 September 2022
On this episode of Investor Connect, Hall welcomes Ivan Maltsev, General Partner at 3x Capital. Located in Warsaw, Poland, 3x Capital is an ecosystem that supports founders in building blockchain products. 3x Capital invests in the early stage Web3, Infrastructure, and Defi startups, manages a Move2Earn guild, serves as validators for blockchains, curates investment communities, and recently launched a Web3 school for software engineers. Since 2020 3x Capital has worked as a VC fund investing in the USA and EU-based startups leveraging 10 years of combined crypto investment experience and 18 exits, including Mina, Solana, Algorand Biconomy, and Braintrust. Ivan holds an MS in Business Law and a Ph.D. in International economy. Since his childhood, Ivan was always curious about how to earn money, having launched 6 projects, including TastyGo. Since 2016, he has been investing in crypto, mainly in BTC and ETH. In 2018, he started to manage external capital, and finally, in 2020 he participated in the US program for entrepreneurs. Ivan supports founders in building blockchain products. Visit 3x Capital at www.3xcapital.fund; https://www.linkedin.com/company/3x-capital/. Reach out to Ivan at https://www.linkedin.com/in/ivanxmaltsev; im@3xcapital.fund. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |