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Doing Diligence Well In Venture Investing: Going Back To The Future

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. On an average deal, VCs would spend 118 hours on due diligence and call 10 references. The assumption was often that someone else had already done the diligence. With that, high-quality diligence has returned, and it is both art and a science.

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The early returns on gen AI for software development

CIO

Generative AI is already having an impact on multiple areas of IT, most notably in software development. Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others.

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Low-code: An Accelerator for Digital Transformation

CIO

Digital transformation is expected to be the top strategic priority for businesses of all sizes and industries, yet organisations find the transformation journey challenging due to digital skill gap, tight budget, or technology resource shortages. Amidst these challenges, organisations turn to low-code to remain competitive and agile.

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TechCrunch+ roundup: 2022 stock options report, pivot to SaaS, crypto investor survey

TechCrunch

In its latest yearly report, Secfi, which helps workers manage equity, found that 24% of the companies on its platform reduced their valuations last year. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. Inside Secfi’s 2022 state of stock options equity report. That’s no hot take. yourprotagonist.

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TechCrunch+ roundup: Crypto tax prep, no-code survey, 4 VCs discuss how to pitch them

TechCrunch

Performing due diligence is critical, but it won’t give you all the information you need to approach a VC. Likewise, one investor may ask to review your deck in detail; another may prefer a probing one-on-one conversation. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription.

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Sweep, a no-code config tool for Salesforce software, raises $28M

TechCrunch

A 2021 survey from CRM software vendor SugarCRM found that 50% of companies don’t know how to access customer data across their marketing, sales and service systems, while 53% said the administrative burdens of their CRM software causes friction for their sales team. In the worst case, the consequences can be severe.

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Over 90% of companies overpay for project collaboration software: Report

CIO

As popularity of project collaboration software grows along with other software-as-a-service products, a research report from SaaS purchasing platform Vertice shows that more than 90% of enterprises are overpaying for these tools. The project collaboration software market is estimated to reach a value of $27.40