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Accelerators Are The New Business School

It’s no secret that most startups fail. What’s a bit less obvious is that most startup accelerators also fail. While a few top-tier programs get the cream of the crop unicorns of the future, the hundreds of others struggle to attract teams that will produce the investment-grade companies on which ...

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Chinese Airbnb Rival Xiaozhu Closes $60M Series C Round

Is there something in the water for peer-to-peer rental websites right now? Fresh from U.S. juggernaut Airbnb raising $1.5 billion and China’s Tujia taking in $250 million last month, Xiaozhu — another Chinese Airbnb equivalent — announced a lesser-but-not-insignificant $60 million Series C round at a $300 million-plus valuation. The deal was led by JOY Capital, with participation from fellow PE ...

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Marketing Startup Influitive Raises $30.5M

Influitive, a Toronto-based company focused on advocate marketing, announced this morning that it has raised $30.5 million in Series B funding. Advocate marketing means turning customers into advocates for your company, encouraging them to make positive reviews and referrals. [related_articles In Influitive’s case, that happens through a gamified interface where ...

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DIY Disruption Is The Easiest Way To Innovate

Last month I attended the Collision conference in Las Vegas; it served up a hipster/music festival feel with a decidedly tech twist. The event welcomed old-school headliners like PayPal, Dropbox and Facebook, but also brought in hundreds of tech startups, from cloud management vendor CloudBolt to MedYear, a consumer health ...

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