As technology continues to grow and evolve, it can be difficult for entrepreneurs and startups to stay on top of the latest headlines and developments. To help, here’s our TechCrunch+ roundup of the week with a focus on big data’s cloud backlash, CVC pitch tips, and de-risking hardware startups.
Big Data’s Cloud Backlash
Big data has become an increasingly important tool in helping organizations analyze vast amounts of information and gain insights from it. However, this data is typically stored and accessed in the cloud, and some businesses are pushing back against this method due to security and privacy concerns.
To address this backlash, several solutions are being developed. For example, organizations can explore the use of distributed ledger technologies, such as blockchain, to securely store and share data. Additionally, businesses can take advantage of cloud security solutions such as encryption, authentication, access control, and data privacy tools.
CVC Pitch Tips
Startup entrepreneurs looking to secure venture capital funding should hone their pitching skills, as more and more corporates are entering the startup space.
Whether entrepreneurs are pitching to angel investors or corporate venture capitalists, they should prepare an engaging and comprehensive presentation that allows them to showcase the unique value of their company’s product or service and its potential for growth. Additionally, they should be prepared to field questions about the company’s financials, business model, and competitive advantage.
De-risking Hardware Startups
Hardware startups tend to face unique challenges during their development process, including the need for specialized skills and expertise, the difficulties of scaling production, and the need for long-term commitments from suppliers.
However, there are a variety of strategies that entrepreneurs can use to reduce risk. These include leveraging crowdfunding campaigns and nontraditional financing solutions, establishing valuable partnerships, and utilizing feedback from early adopters to improve product design. Additionally, entrepreneurs can use contract manufacturing services and distributed teams to keep costs down and to more easily pivot in response to changing demands.
In conclusion, the ever-shifting landscape of technology can make it difficult for entrepreneurs to stay up to date on the most recent news and developments. Therefore, our TechCrunch+ roundup aimed to give entrepreneurs an overview of the topics of big data’s cloud backlash, CVC pitch tips, and de-risking hardware startups.