What's Hot in Enterprise IT/VC - Issue #29

great article on not getting caught up in startup rat race of raising more and more capital from Zapier; continuing trends of automation (i.e. leveraging AI) in the enterprise as BNYMellon discusses hundreds of processes, and Cisco continues its software buying spree as it looks to transform from hardware to software

Scaling Startups

How Zapier Pulled Off Its One-and-Done Approach to Fundraising | First Round Review

great article on how zapier only needed to raise $1.2mm thus far - fundraising is a means to an end, not the end in and of itself - sometimes founders can get caught up in the circus

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Enterprise Tech

Gainsight Moves Closer To Becoming Customer Success' First Unicorn With $52M From Lightspeed, Cisco

congrats to gainsight, riding wave of SasS and importance of customer success - that being said, i believe there is still room to go after SME in a super easy, onboarding, frictionless manner as I know lots of folks don’t love Gainsight

“Gainsight is well on its way to unicorn status with a fresh $52 million from Lightspeed and strategic investor Cisco.”

www.forbes.comShare

BNY Mellon advances artificial intelligence tech across operations| Reuters

it’s all about workflow and business process automation - love it when old stalwarts like The Bank of New York Mellon Corp talk about this

“BNY has developed and deployed automated computer programs, or more than 220 "bots”, across its businesses over the past 15 months seeking more efficiency and lower costs, as the adoption of artificial intelligence technology in banking increases.“

www.reuters.comShare

After years of warnings, mobile network hackers exploit SS7 flaws to drain bank accounts • The Register

this is a huge deal - the 2fa u relied on via text can be hacked - time for Hypr…

www.theregister.co.ukShare

Markets

Warren Buffett: Berkshire Hathaway Annual Meeting in Quotes | Fortune.com

always awesome to hear what the Sage of Omaha has on his mind - every year he’s been talking more and more tech which is enlightening as Apple is one of his larger holdings

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Warren Buffett: AI Will Hurt Berkshire Hathaway in 2 Ways | Fortune.com

always awesome to hear what the Sage of Omaha has on his mind - every year he’s been talking more and more tech which is enlightening as Apple is one of his larger holdings - read on for how AI may put Buffett’s companies out of business

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Cisco taps into AI, collaboration with $125M MindMeld buy | Network World

Cisco buying up more software cos - trying to transform the old hardware biz - big play in collaboration

www.networkworld.comShare

boldstart

Hackers Find Celebrities’ Weak Links in Their Vendor Chains - The New York Times

You are only as secure as your least secure vendor who touches your systems - great to see security scorecard mentioned in the article on how it can help lock down your third party security risk

www.nytimes.comShare

The Emissary Files: Former VP of Enterprise Business at Samsung · Emissary | Complex sales require uncommon insights

selling large enterprise deals - “the fact is, there’s a shortfall in enterprise sales acumen, and it keeps businesses dependent on traditional top-down approaches.”

www.emissary.ioShare

By Ed Sim

Ed Sim's weekly readings and notes on VC, software, and scaling startups - #enterprise #seed #DeveloperFirst #IntelligentAutomation #DataInfra #CloudNative #Cybersecurity

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