Early-stage fintechs shunned by investors | How startups use data, AI for mental health treatment | What are the biggest, fastest-growing marketplace startups?
Investment in early-stage financial-technology ventures declined during 2019, according to CB Insights. However, investment in later-stage ventures rose, suggesting investors are avoiding risk and are consolidating positions in stable ventures.
Startups are using data and artificial intelligence to provide individualized mental health care recommendations, and venture-backed chatbots are tapping cognitive behavioral therapy to help patients, writes Jonathan Burton. He explains how AI can bring about treatments that are faster and more cost-effective by targeting the right drugs and therapies.
Airbnb, DoorDash, Instacart and Postmates captured the majority of consumer spending among marketplace startups, according to an Andreessen Horowitz report. The fastest-growing startups based on year over year growth include Faire and Cameo, the report finds.
Entrepreneurs can implement five conditions to propel their startup to the middle market and boost revenue, per a TrueSpace-Gallup report. Being aligned, disciplined and predictable are among the commonalities of successful businesses, researchers found.
Pitching a startup to investors can be a delicate processes, so Rudina Seseri offers seven tips to help founders make the most of the opportunity, including demonstrating results. "Founders need to be able to show the ability to execute -- this includes sharing examples from your past, demonstrating the ability to pivot, course correct and pursue the right opportunities," Seseri writes.
Designing an environment that's collaborative and builds trust, and acknowledging it, is vital to maintaining a team and driving change, writes Josh Davis. "To create the right social norms, one must do much more than state the desired norm -- one must instead take clear and visible actions," he writes.
TheoremDx, a medical diagnostics startup, has ended operations and filed for Chapter 7 bankruptcy protection after running out of money. The company has $16 million-plus in liabilities, and creditors and investors may not see a return.
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A founder who can say, "I don't know," earns respect because that response shows maturity, self-confidence and the ability to acknowledge where the startup is at that point in time.
