How do I find a technical co-founder to help execute my idea? I have an idea for a website in the real estate field. I have a non-technical business development background and no funds.

I know that this post reads like an /r/startups circlejerk, but I have a business idea for a real estate website that I've developed over the past several months and believe that there's a good fit in the market for it. I have no technical skills and would like to find a co-founder to help me execute it.

I'm willing to give up ~50% equity to the right person, but I cannot offer any money at this point. I do have a clear path to monetization, but that will be several months after the first version of the idea is up-and-running.

Where do I turn for talent that would be interested in working on a project like this? I know it's hard because developers are in-demand and are compensated well.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Zencity that uses AI to help government better understand citizens’ needs raises €11.4M

We are exponentially increasing the use of Artificial Intelligence or AI in our daily lives. From discovering new life-saving drugs to helping driverless cars become a reality, AI is being used almost everywhere. The Tel Aviv-based startup Zencity has also found a new way to use AI for our benefit, which includes helping the local government leaders make decisions that are based on real data. The company has now secured €11.43 million in a new funding round. In a conversation with Silicon Canals, the company’s CEO and co-founder, Eyal Feder-Levy, talks about Zencity’s workings, future plans and more.

Helping local governments make data-driven decisions 

Zencity is an AI-powered data analytics tool that helps local governments take data-driven decisions for their community. “The Zencity platform gathers and analyzes millions of anonymised, aggregated data points of community feedback from various channels such as social media, local broadcast media and government customer service channels (such as 311 and call centers),”  says Levy. 

The data is then transformed into actionable insights about trends in the community. They also highlight resident priorities for decision makers in local government. “As governments are alerted to these trends in real-time, officials can act immediately, allowing for a more proactive approach to governing that’s in line with their constituents.” Levy adds.

With its offering, Zencity is trying to solve the problem of local governments lacking necessary resources. These resources are indispensable for gaining a complete picture of how residents view and talk about relevant municipal issues, especially in a timely way. Currently cities worldwide rely on limited resident feedback via official channels, such as town halls or official feedback forums. Only a handful of people use these channels but based on this feedback, policies are influenced and shaped. 

“Governments don’t have the bandwidth, or resources to monitor the myriad of channels where citizens are talking about issues that matter to them or understand how to translate that into smart policymaking,” notes Levy. “The COVID-19 pandemic has exacerbated this challenge even further. Local governments are in need of real-time data about public sentiment during the pandemic. Closing this communication gap enables officials to create unified, pragmatic policies that will slow the spread of the virus while tending to the pressing needs of their citizens.”

Using AI to eliminating guesswork in policymaking 

With data collection and simultaneously turning that raw data into actionable insight, Zencity is helping governments better connect with their communities. As per Levy, “Zencity offers governments actionable insights based on trending topics in citizens’ conversations, helping local governments with policy shaping, messaging priorities and budgetary allocation to govern with citizens’ concerns more effectively in mind. Zencity’s platform eliminates the guesswork in policymaking and empowers city officials to make more effective decisions regarding the most pressing issues within their communities.”

During the COVID-19 pandemic, the Zencity platform was used by cities and counties to understand top priorities for their citizens. “Difficult decisions such as deciding when and how to reopen cities, have been informed by insights produced by Zencity about what residents are most concerned about. Zencity has been able to assist governments in successfully navigating through the pandemic,” Levy notes. 

There is also an interesting story behind how the idea of Zencity came to be. “My co-founder and I have been passionate about this problem for years, working in and with local government agencies for a big part of our career. We were surprised to see the gap between the importance of resident input for governments, and the tools they had on hand to measure that,” notes Levy. 

“Governments were using tools which were anecdotal, limited in scope, and not data-driven, such as surveys and town hall meetings, to collect residents’ feedback, despite the fact that extremely important decisions had to be made based on them. We understood that good decisions had to be based on residents’ feedback on the one hand, but data on the other. We wanted to find a way to combine the two in a way that was suitable and usable for local governments, and thus came about Zencity,” Levy adds. 

Zencity is currently working with 150 cities across four countries and 29 US states. The company’s offering breaks down trending topics in the city, which users can filter according to date, source, and sentiment. There are also daily and weekly reports from Zencity that provide users with a summary of discourse in their city to help pick up on trending topics easily, and address them proactively. Zencity also has no direct competition even though there are some Social Media monitoring companies that offer a partially comparable solution. These competitors are also geared towards big brand management and not governance. 

Expanding Zencity’s capabilities further

Zencity has closed its €11.43 million Series B funding round, which was led by venture capital firm TLV Partners and joined by strategic investor Salesforce Ventures. Additionally, company’s existing investors  Canaan Partners Israel (CPI), Vertex Ventures, M12 – Microsoft’s Venture Fund, and i3 Equity Partners also participated in the funding round.

The freshly raised funds will be utilised by the company to grow and expand its product’s ability. It will focus on serving the unique needs of state and local government agencies, especially during the current times of uncertainty. The funding will also help the company build out new strategic partnerships and further expand their market presence. Zencity has raised a total of €17.94 million funding so far. 

Founded back in 2015 by Eyal Feder-Levy and Ido Ivri, Zencity is a Tel Aviv, Israel, based startup. The company is also currently hiring and you can check out the open positions here. 

The post Zencity that uses AI to help government better understand citizens’ needs raises €11.4M appeared first on Silicon Canals .

Startups – Silicon Canals

I need help on how to present my startup product to an organization

could anyone please provide the tips to pitch my product to an organization

what format will be more effective and how to begin a presentation

example format, presentation, or PDF

my product is Edutech tools related, and I am trying to pitch it to educational institutions by which students could achieve better results

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Jakarta-based Wahyoo gets $5 million Series A to help small eateries digitize their operations

Wahyoo’s team, including CEO Peter Shearer (third from left)

While growing up, Peter Shearer watched his mother get up every day at 2AM or 3AM to prepare for her catering business. For many people who own small food businesses in Indonesia, “everything is handled on their own, so I really, really wanted to create a system so they can have better operations and get more quality of life,” Shearer told TechCrunch.

His startup, Wahyoo, was founded in 2017 to help small eateries, called warung makan, digitize and automate more tasks, from ordering supplies to managing finances. Today, Wahyoo announced that it has raised $ 5 million in Series A funding led by Intudo Ventures, a venture capital firm focused on Indonesia.

Other investors in the round included Kinesys Group, Amatil X (the corporate venture program of Coca-Cola Amatil, one of the world’ five largest Coca-Cola bottlers), Arkblu Capital, Indogen Capital, Selera Kapital, Gratyo Universal Indonesia and Isenta Hioe. The capital will be used on hiring, developing Wahyoo’s tech platform and expanding beyond the Greater Jakarta area.

In a press statement about the investment, Intudo Ventures founding partner Patrick Yip said, “Small-and medium enterprises represent one of the major engines of economic growth in Indonesia and are being transformed through new innovative businesses like Wahyoo, bringing greater economic prosperity to small business owners throughout the country. Through the company’s digitization efforts, Wahyoo’s highly targeted support for warung makan businesses is creating positive economic and social impact for Indonesia’s working class.”

Wahyoo launched its app almost exactly a year ago and has onboarded about 13,800 warung makan so far. The company’s co-founders are Shearer, the chief executive officer; chief operating officer Daniel Cahyadi; and chief technology officer Michael Dihardja.

With about 268 million people, Indonesia is Southeast Asia’s largest markets, and there are already startups, like Warung Pintar and BakuWarung, that focus on helping warung, or small corner stores, digitize more of their operations.

Shearer said he wanted to focus on Indonesian eateries in particular because “my background is in the food industry and I love anything related to food. Second, the potential is very big because no one has tapped into this type of warung before. Everyone focuses on retail, but no one taps into the culinary business.”

Wahyoo currently employs about 170 people, including on-the-ground teams who meet with warung makan owners. The eateries are “usually run by a family, from generation to generation,” with almost all tasks performed manually, including bookkeeping and going to markets early in the morning to buy ingredients, Shearer said.

A warung makan owner on Wahyoo’s platform

Wahyoo’s features include a next-day grocery delivery service from its own warehouses and integration with Go Food, a popular delivery app. The startup also runs an education program called Wahyoo Academy, with financial courses to help warung makan owners increase customer traffic and revenue, and offers advertising and brand partnerships.

For example, a restaurant on Wahyoo’s platform can earn money by placing ad banners or brochures in their stores. That is one of the way Wahyoo monetizes. It is free to use for restaurant owners, and makes revenue by taking a percentage of brand commissions.

Another revenue stream is Wahyoo’s fried chicken franchise, which gives warung makan owners the option of opening a small stall in front of their stores. It currently has about 350 stalls and keeps costs low by partnering with one of Indonesia’s largest poultry suppliers. Shearer said the company’s goal is to increase the number of stalls to 1,000 by the end of this year.

While eateries on Wahyoo saw a drop in their business in April and May because of the COVID-19 pandemic, Shearer said that it began to recover in June and July, and is now back to normal, partly because of the platform’s Go Food integration.

In the future, Wahyoo may face competition from other warung-focused startups if they decided to expand their services to restaurants as well, and new startups that want to tap into the business opportunity offered by the 59.3 million small- to medium-sized businesses in Indonesia, many of which haven’t digitized their operations yet.

Shearer said Wahyoo’s value proposition is its portfolio of complementary services. “We are basically creating an ecosystem,” he added. “We are not only focusing on the supply chain, but also our own brand. We have the fried chicken brand and in the future we will tap into financial technology and the catering business as well.”

Startups – TechCrunch

Telangana’s initiative to help start-ups with post-COVID rejig draws good response – The Rahnuma Daily

Telangana’s initiative to help start-ups with post-COVID rejig draws good response  The Rahnuma Daily
“startups when:1d” – Google News

The U.S. Military Wants Start-Ups to Help It Build Better Drones and Robots – The National Interest

The U.S. Military Wants Start-Ups to Help It Build Better Drones and Robots  The National Interest
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