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Start-ups typically rely on friends, family and business angels for the seed money to get them up and running but, when it’s time to scale up, external investment is almost always required. It’s an exciting time as you look to accelerate growth but it’s also a demanding one as investors, typically venture capital funds (VCs), will expect a lot of information and evidence before they commit their money.

The path for each startup is somewhat different, as is the timeline for funding.

What does Series-A funding mean in Startups?

If a startup has started to gain some degree of traction as a result of Seed stage investment…

How Can AI Help Humanity? | Towards AI

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Credit: Frank V.

Technologies powered by AI are being applied to some of the world’s most complex human-development issues. AI has considerable potential to help humans.

Today we mostly hear about how AI can enhance industrial automation, perform intensive human labor, increase retailer’s revenue, offer better customer experiences… But the excitement surrounding AI nowadays reflects not only how AI applications could transform businesses and economies, but also the hope that they can address civilizations challenges like sickness and climate change. The idea that AI could revolutionize human wellbeing is obviously exciting.

In a recent study, the McKinsey Global Institute has examined more than…

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Credit: Bence Boros

Voice commerce is a technology that provides an alternative to navigation and clicks on a mobile or laptop to order and purchase products online. All the customer needs to buy something online using voice commands is an assistant such as Google Assistant or Amazon Alexa.

With the help of voice commerce, buying becomes faster and can be accomplished at any time throughout the day, in seconds.

According to “Adobe Digital Insights 2018” more than 40 percent of consumers own a smart speaker, and that was before Q4 2018 sales. Today, we are still far away from conversational commerce, the primary…

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Credits Luke Chesser

What is Churn?

Churn is the enemy of any SaaS business.

It’s one of the most widely discussed metrics used in the subscription industry, but it may surprise you that churn has no universal definition. Businesses define churn based on what is most relevant to their organization and on data that is supportable for potential investors. While there are many variations of churn, churn is always a measure of attrition or loss.

In a general definition, churn is the number or percentage of subscribers to a service that discontinues their subscription to that service in a given time period. …

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By Maxime Pruvost on ALTCOIN MAGAZINE

Facebook’s plan for his new cryptocurrency has the potential to disrupt entire Ads and Retail industries. A more likely outcome is that this new cryptocurrency consolidates his revenue… by collecting more about his users.

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Facebook Libra cryptocurrency could be turned into the greatest anti-competitive trust case never happened.

Libra is Facebook’s new cryptocurrency. You can send money and buy stuff all over the world with lower fees. Before unveiling its vision for a global cryptocurrency this month, Facebook was already a near-monopoly in social media. Together with Google, it controls 82% of the digital advertising market.

tIn the past, Facebook has purchased any company that threatened his business (Instagram and WhatsApp). Facebook saw Snap Inc. (Snapchat) contesting a part of its features, so it embraced Snap’s best features and integrated them into its app. Now, Facebook is hoping to extinguish Snap as a competitor.

Now, with the Libra…

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Image credit: Blake Wisz

Artificial intelligence will bring more of the human touch to each interaction

AI and machine learning have become unavoidable trends in customer relations. AI is unlocking and redefining the possibilities to appeal to today’s most demanding consumers; meeting their ever-growing expectations and developing emotional connections to deliver a fulfilling customer experience. A report published by Juniper Research predicts that retail industry spending on AI will reach $7.3 billion per year by 2022. Notable applications like Uber and Lyft have changed the expectations of consumers with regards to taxis. The experience of traditional taxis now seems outdated and ineffective. …

Maxime Pruvost

Enthusiastic about building products, coming up with new ideas and transforming them to reality 🚀

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