Some interesting links we found across the web this week:
6 Strategies to Get the Most out of an Accelerator
Being accepted into an accelerator is a huge accomplishment and can completely change the trajectory of your business. Getting the most out of your experience in an accelerator is the key to making sure you squeeze the most benefit out of your program. Check out this candid article on what strategies to try to maximize your accelerator experience.
Venture Capital Funds Led by People of Color Face more Bias the Better They Perform
Studies show that professional investors are less likely to have the ability to distinguish between high-performing and low-performing venture capital firms led by people of color. This lack of distinction causes high-performing firms to face more barriers when seeking investment. Further, this means investors may not realize they are missing opportunities for higher financial returns. Check out this article for more background.
Becoming a Unicorn Is More Expensive Than Ever
The average amount of venture capital funding secured in a company before gaining unicorn status has increased by 60% since 2013. Companies that achieve unicorn status are dealing with shifting landscapes regarding liquidity mechanisms, exit activity and the private vs. public markets. For a deep dive into the trends surrounding unicorn startups, take a look at this article’s Unicorn Report.
The Gap Between Large and Small Companies is Growing. Why?
What are megacorporations doing that startups are not? Are large, established corporations indeed being replaced by new technologies? While large corporations are likely to retain their dominant positions, there is always market share to be disrupted. Investing into research and development to increase performance and growth may be the key to keeping your company on the map. Check out this article for an in depth review of the stats.
Now Is the Time to Future-Proof Your Data Privacy
If you don’t keep your money in a mattress, the chances are you have been affected by a data breach of your private information. As new regulations go into effect across the globe, the distinctions between various mandates will only get more difficult to navigate. Start thinking about the best way to comply with the maze of legislation by reading this article.
