In the spirit of open-sourcing startup advice, we are pleased to share this well-thought-out operating model built by Mike Simmons, founder and CEO of healthcare IT company CredSimple. Building a solid operating model that can serve as a roadmap of a company’s financial growth is an area that trips up many first-time founders in the earliest days of their startup. We commend Mike both for putting together such a robust and well-informed tool, as well as for disseminating the finished product to the broader entrepreneurial community.
Hey! My name is Maurice Evans. I’m a 17-year-old from Brownsville, Brooklyn, with a strong love and passion for video games. I started playing video games at the age of 3, before I could even read. Video games have always been a huge part of my family life; we bonded, settled disputes, and even made wagers through video games. My long-term goal is to start my own video game company.
I met Maurice through Rob Locascio, founder and CEO of Liveperson. A 17-year-old from Brownsville, Brooklyn, Maurice will be working with us for the next month. He'll be shadowing our team and learning about how startups work, the world of venture capital, and various job paths. In addition, Maurice is going to help us develop the Brownsville Tech Project, a summer internship for Brownsville High School teens that will help them land internships at NYC-based startups.
At its core, accomplishing your critical hiring needs efficiently and effectively boils down to being able to clearly articulate what you have today and what you need tomorrow, all benchmarked against upcoming business milestones and key performance indicators. By taking a structured, thoughtful approach to critical hiring, you’ll be able to set up long-term recruitment strategies that will help you grow every part of your team with top talent.
Given the importance of seamless delivery, smart access has become mission-critical to the growth and success of NextGen Commerce businesses. Earlier this month, enterprise-grade smart access control platform Latch teamed up with Jet.com to make deliveries easier for customers in urban areas. Through this partnership, residents of 1,000 buildings in New York City will get free access to Latch, which enables them to use their phone as a key, grant access to guests, and have packages delivered securely without needing to be home.
In a milestone achievement in the fight for equal pay, Mayor Bill DeBlasio signed a bill in May that prohibits employers from asking about a prospective employee’s salary history. At a high level, the bill states that relying on salary history to determine an employee’s wage perpetuates the gender wage gap. But when it goes into effect in October 2017, it will require that companies adjust their approach to closing hires and push hiring managers to take a stronger, data-backed approach to offers. Here's how to stay on top of your hiring game and help build a modern and inspired workforce.
The healthcare industry today finds itself at a truly unprecedented crossroads. On one side of the table, we’re seeing an astonishing rate of innovation and investment in bringing increased levels of efficiency to an industry that has historically been slow to adopt new technologies. And yet, on the policy side, it seems we’re moving in quite the opposite direction, with an administration that is hell-bent on dismantling the current payer landscape. In the face of these competing forces, two individuals have stepped up to foster productive dialogue between all corners of the room by building a new kind of community that hasn’t existed before in the healthcare industry.
Q2 showed the first quarterly increase in seed deal volume in six quarters, with 37 deals closed and $67.1MM in total funding - an increase of 6% and 16%, respectively, from what we reported at this time last quarter. Areas that saw the most activity in Q2 include Enterprise SaaS platforms across a variety of verticals, real estate, and FinTech startups. AI continued to dig in deep, across nearly all sectors, and this quarter it played a big role in some new B2B SaaS platforms.