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Articles related to "hold"


4 steps to build a business during an economic downturn - Business Insider

  • As we experience the global economic implications of COVID-19 that change by the day, it's important for entrepreneurs to know they don't necessarily need to put business dreams on hold.
  • People called me crazy for taking such a long shot at the time, but the opportunity had everything to do with timely technology shifts and market realities — both of which forced me to think harder about the short- and long-term goals of the business at the start.
  • There was a shift underway in how businesses were going to use technology and buy it — and recession or not, that change would create a lasting impact long into the future.
  • Because we lack a clear idea of how COVID-19 will impact our economy in the long term, any entrepreneur today will need to think through scenarios and have plans for a potential recession lasting three, six, nine months, or even longer.

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4 steps to build a business during an economic downturn - Business Insider

  • As we experience the global economic implications of COVID-19 that change by the day, it's important for entrepreneurs to know they don't necessarily need to put business dreams on hold.
  • People called me crazy for taking such a long shot at the time, but the opportunity had everything to do with timely technology shifts and market realities — both of which forced me to think harder about the short- and long-term goals of the business at the start.
  • There was a shift underway in how businesses were going to use technology and buy it — and recession or not, that change would create a lasting impact long into the future.
  • Because we lack a clear idea of how COVID-19 will impact our economy in the long term, any entrepreneur today will need to think through scenarios and have plans for a potential recession lasting three, six, nine months, or even longer.

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Cendana Capital, which has been backing seed funds for a decade, has $278 million more to invest

  • Three years after raising $260 million across a handful of vehicles whose capital he plugged into up-and-coming venture firms, Kim is now revealing a fresh $278 million in capital commitments, including $218 million for its fourth flagship fund, and $60 million that Cendana will be managing expressly for the University of Texas endowment.
  • Rather than stick solely with U.S.-based seed-stage managers who are raising vehicles of $100 million or less, he will split Cendana into three focus areas.
  • A smaller area of focus — but one of growing importance, he said — is pre-seed managers who are managing $50 million or less and mostly funding ideas (and getting roughly 15% of each startup in exchange for the risk).
  • In fact, Kim says Cendana has already backed small venture firms in Australia (Blackbird Ventures), China (Cherubic Ventures, which is a cross-border investor that is also focused on the U.S.), Israel (Entree Capital), and India (Saama Capital), among other spots.

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