Fintech has become more popular than ever due to Covid-19. As the World Economic Forum highlights, “Financial technology (fintech), playing a critical role in reducing coronavirus risks associated with exchanging cash, helping micro, small and medium enterprises and supporting financial inclusion in developing markets during the pandemic and beyond.”

Better Tomorrow Ventures (BTV), a $75M fintech-focused VC fund based in San Francisco, invests in pre-seed and seed startups. Founders of BTV Sheel Mohnot and Jake Gabson believe that financial technology is a great way to improve people’s lives.

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Image Source: Wharton FinTech

Our Venture Partner Duygu Oktem Clark spoke with Sheel Mohnot of BTV about fintech and investing in fintech…

Katrina Lake founded Stich Fix in 2011 while she was still in Harvard Business School despite all the people saying that her concept for Stich Fix was a bad business idea. Fast forward to 2020, Stich Fix’s market cap is more than $4B. Lake took the company to the public in just six years.

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Katrina Lake ringing the NASDAQ bell with her son and her team. Photo: NASDAQ

Stitch Fix is a personal styling platform that delivers curated and personalized apparel and accessory items for women. It may sound like a personalized shopping subscription service which is true but Stich Fix is a data science company at its core. Lake explains Stich Fix in her own words: “We send you clothing and accessories we think you’ll like; you keep the items you want and send the others back. We leverage data science to deliver personalization at scale, transcending traditional brick-and-mortar and e-commerce retail experiences. …

All Raise is a non-profit whose goal is to significantly increase the amount of seed through early-stage funding going to female founders from 11% to 23% by 2030 and to double the percentage of female decision-makers (e.g. checkwriters) at U.S. tech venture firms with > $25M AUM (assets under management) by 2028.

All Raise held its very much anticipated invitation-only VC Summit last week on October 27–28 and the theme was Forces of Nature. It was a virtual conference that hosted 700 investors. Duygu Oktem Clark, our Venture Partner and founder of DO Venture Partners, was one of the invitees. …

It may be hard to believe that a programming language that debuted the same year Alaska became the 49th US state (1959) is still in heavy usage today, but it’s true. COBOL is a quiet powerhouse, driving trillions of dollars worth of financial transactions every day, among other data-heavy tasks.

Wherever you may land on the COBOL debate — should it stay or should it go — the fact is that for the foreseeable future, it’s here to stay. Read on to learn more about this inventive, powerful language, and the challenges facing the industries that rely on it.

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What Is COBOL?

COBOL stands for Common Business Oriented Language. The Department of Defense (DoD) developed ths high-level language for building business systems, and 60 years later, it’s still prominent throughout the world. …

Nowadays, everybody is talking about GPT-3, San Francisco based OpenAI’s new language model. GPT stands for “generative pre-training transformer” and GPT-3 is the third iteration of this model which has 175 billion parameters — a big jump from its predecessor GPT-2 that has 1.5 billion parameters. Beta users are exploring use-cases to understand GPT-3’s capabilities and many use-cases have already gone viral on social media.

Duygu Oktem Clark, our Venture Partner and founder of DO Venture Partners spoke with Yigit Ihlamur, cofounder and General Partner of Vela Partners about GPT-3 including its effects on our lives and the worries about harmful biases. …

Due to Covid-19, a lot of events have been canceled or have been moved online. SaaStr Summit — The New in Venture Now was one of the online events that we were looking forward to because of the session topics which we’ll cover below. An event is a sub-event of SaaStr which is known as the biggest event in SaaS.

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The New in Venture Now event was organized online on May 27, 2020 and hosted a great group of investors and entrepreneurs.

We enjoyed all the sessions but the few below were our favorite:

1- Seed Investing Today: What’s Changed, What Hasn’t with Aileen Lee and Jason…

The Impact of Covid-19 on the Early-Stage Investment Climate

We are facing a crisis that we never experienced at this scale before. COVID-19 continues to spread rapidly around the world and has brought unprecedented economic uncertainty across every sector.

The startup investments have been also affected due to COVID-19. In my opinion, there are three things to consider:

1- Investors are also human and they are worried about lives of their family, friends and people around them. Most of their mental power is consumed to figure this out like everybody else which means less time and effort for investing.

2- During a crisis, especially one like this, you think of your portfolio companies first rather than focus on the new investments. Every startup is affected by COVID-19. So, as an investor your priority is to assess which of your startups are the most at risk and which may be encountering opportunities and to help them to navigate during these turbulent times. …

What a year was 2019! It was packed with big news, scandals and breath taking developments in the technology world. As we are just beginning of 2020, we wanted to take a look back and briefly remember some of the big tech happenings of the last year:

1. The WeWork Drama

Everything was going great: Fancy offices, happy tenants, dramatic expansion globally, motivation packed coffee mugs.. The WeWork’s IPO had been one of the most highly anticipated public offerings of 2019. Everything changed after it filed its public-offering paperwork in August 2019. The WeWork world started to crumble as investors and the media looked in details of the IPO file. …

All Raise is a non-profit whose mission is to increase access to the VC community for females. Women remain deeply underrepresented in venture capital. Only 11% of decision makers at U.S. VC firms are women. Approximately 71% of U.S. VC firms do not have female partners. Female-founded companies receive far less venture investment. Only 12% of U.S. VC funds go to teams with at least one female founder. Further, of the $424.7B in tech venture funding raised since 2009 a paltry .0006% went to Latinx women-led startups and .32% of funds went to black women-led startups.[1]

As Maxitech, we attended GoDaddy’s invitation-only launch event with special guest entrepreneur Ayesha Curry. This was GoDaddy’s first entrepreneur-focused summit which will be held annually from now on. It was an impressive and fun event which exceed our expectations. We wanted to share our experience with you.

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The CEO of GoDaddy, Aman Bhutani

The event was impressive because;

- It started right on time,

- It was crowded but not overwhelmingly,

- The CEO Aman Bhutani’s speech was short, funny and well-crafted,

- The GoDaddy Executives who revealed the new platform (Marketing + Insights) did a good job on explaining the main features in a short period of…



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