Does your organization use technology? Let me assess it for FREE! 15 Years of Expertise in Cybersecurity, Data Protection & IT Management, I Can Help! Business Technology Doesn't Have to Be Difficult Just Hire a Geek!
I have found a GREAT tool for anyone putting together slide decks 👇
I recently starting using Platform Venture Studio because I heard great things and it has not disappointed yet. the CEO and founder Jeremy Burton has really struck gold with this platform!
As I was using Platform, I saw they used a service called DeckSend (I also think Jeremy owns this software) and I wanted to share what I have created and uploaded there:
https://lnkd.in/evUaR_dK
Go check out Platform Venture Studio and DeckSend for yourself and let me know what you think.
Side note Jeremy, if you see this, your copyright date on platformstud website says 2023 😀
Interested in learning about the leaders guiding our AI/ML and data science strategy? Don't miss out on Christopher Dancy's AI-SDM Seminar Series happening this afternoon.
Want to delve into how people engage with different AI systems in a more straightforward and practical manner? Tune in this afternoon at 3 pm / ET as Penn State University Associate Professor and #SIIDTech Advisor, Christopher Dancy, shares insights on #computational#cognitivesystems. Discover how he and his students leverage this approach in AI design and development, particularly in disaster response scenarios — https://lnkd.in/e7VEW9ya
I’m beginning to sound like a broken record, but one of my favorite aspects about working at Platform Venture Studio is the constant exposure to fascinating industries.
Last week, I had the privilege to represent our portfolio company, SIID Technologies, at the 11th annual UF Law E-Discovery Conference.
As if being back at my alma mater wasn’t enough (Go Gators! 🐊), I had the opportunity to learn firsthand from the leading voices in e-discovery about the growing challenges and opportunities in this ever-changing sector.
Very proud of our team at PVS and especially SIID’s Founder, Eri O., for all the work they’ve put into creating such a powerful and beneficial tool.
P.S. I’m still salty about what they did to The Swamp.. iykyk
#ufedisco24
We had a fantastic experience participating as one of this year's University of Florida - Fredric G. Levin College of Law#eDiscoveryConference sponsors. This two-day event served as an intensive course on all aspects of eDiscovery, with insights from top experts in the field. Discussions underscored the importance of our mission at SIID.
🔑 Key insights include:
▪ Data availability is set to skyrocket, outpacing the capacity of any lawyer or legal team to process it without appropriate tools.
▪ We're already in the era of AI in law, and it's here to stay. Making the most of this technology will be critical for anyone involved in eDiscovery.
At #SIIDTechnologies, we're proud to develop user-friendly tools that allow attorneys to utilize AI and accelerate their workflows.
A big thanks to Professor William "Bill" Hamilton, George Socha, Maribel Rivera, and the many others who played a role in spearheading this important event.
Here's to a year filled with innovation and learning, and many more to come!
—
#SIID#AI#ediscovery#UF#GenAI#legaltech#conference
🔥 Meet The Studio Monday 🔥
The best way to build a Studio is to learn from the success of others.
This week, I'm deep diving on Platform Venture Studio. Let's go 👇
Founded during the pandemic by serial entrepreneurs and investors Jeremy Burton and Tim Connors, Platform Ventures is a unique Studio with a proven track record of success.
Platform’s executive team funded the company with ~$1.5M of their own capital throughout that first year. They took this time to do the work: learning the Studio model, building a team, and developing key playbooks. They then launched a successful 3 year fund and raised $11M 🎉
Key Stats:
⚡️ Launched: Septemer 2020
⚡️ Location: fully remote
⚡️ Niche: sector agnostic but business model specific: marketplace businesses.
⚡️ Themes: Climate, The New Economy, Social Justice, Civic Engagement
⚡️ Key Resources: product development, growth, recruiting talent and building teams, and finance (+ I would add capital and connections - the Platform Ventures team is very well connected with investors and early adopters which makes new venture creation and scale very efficient)
⚡️ Structure: Dual Entity (Studio + Fund)
⚡️ Spend per Startup: ~$500k from ideation to spin out (~12-14 months)
⚡️ Equity: Platform earns 40% equity and pays founders a living wage while in the Studio
⚡️ Fund Lifecycle: 3 years (13 startups in the current cohort)
⚡️ Cohort Success Record: 5 startups have raised institutional funds and 3 have raised angel rounds (~$15M+ in portfolio funding so far)
⚡️ Accepts Submissions? Yes, Platform encourages aspiring founders to sign up on their site and post the idea as an Unmet Need
Platform Ventures is very selective about who they work with as they’re very high touch - here's a breakdown of their process 👇
➡️ Stage 1: during the early engagement phase only 1 in 20 founders make it
➡️ Stage 2: once chosen, an EIR agreement is signed and a 6-week trial period begins. Only 50% of startups from this round make it to stage 3.
➡️ Stage 3: MVP development begins and products are created + tested with the market. This phase can take anywhere from 4 to 12 months and of the startups that reach this phase, 75% go on to Stage 4.
➡️ Stage 4: this is where startups raise external funding and spin-out of the Studio.
Key Success Factors:
🔑 Kill most ideas early by developing and adhering to your innovation process and stage gate criteria.
🔑 Pick a niche where repeatable processes are a competitive advantage. Marketplace businesses are hard to get going (🐣 and 🥚 problem) but when you do it successfully and learn from each iteration, the launch and scale process becomes extraordinarily efficient.
🔑 Platform's founders attribute their this remote-first model with their hyper focus on "people data". Studios are talent businesses, you must stay on top of morale and culture to succeed.
If you’re building a marketplace/ platform business, you now know where to go!
(Link to full interview with Max Pog in the comments!)
Today, we're breaking down answers to questions members *should* be asking about their health benefits.
What is a look back period? What is a waiting period? And do you have to pay any tax penalties for not being insured? These are all things we think someone should know before signing up for a plan.
#gigwork#freelance#gigeasy#notsoFAQs
The feeling is very much mutual, @superbshifts. We are so grateful to have partners like you.
Your feedback fuels our commitment to excellence every day. Thank you for trusting us to cover your gig workers, and we look forward to continuing to exceed your expectations.
#ClientAppreciation#CustomerSatisfaction#gigwork
When you are small and are only in independent retailers is the time to start gathering in-store data. Read more on our blog about using our retailer-independent digital coupons to learn who your customers are and get opted-in customer data.
https://lnkd.in/dim7H8FQ
Have you heard of Occupational Accident Insurance? Most people we talk to don't know about OAI - let alone that it's a better, more cost effective and compliant alternative to Workers' Compensation.
So we wrote an article about it. Because if there's anything we feel strongly about, it's making sure our gig workers get the coverage they need.
#insurance#workerscompensation#brokerage#riskmanagement
How Platform Venture Studio operates in numbers – interview with the founder Jeremy Burton:
– Started with $1.5M of initial capital, then raised an $11M fund. The studio typically invests about $500K per startup.
– Focusing primarily on marketplace businesses, the studio has launched 13 startups, with 8 securing external funding of $15M+ (total).
– 4 stages of developing startups that take 1-2 years:
1) identifying unmet needs & due diligence of the problems/ideas – without founders,
2) attracting founders for a 6-week program driven by design and user research,
3) 6 weeks to build a Minimum Awesome Product + 4-12 months of growth sprints to prove the unit economics,
4) grow revenue & get external seed funding.
– Each year, around 400 potential founders enter their selection process – they start working with 5% of them (on stage 2), then only 50% move to stage 3, and then 75% move to stage 4.
– What Platform Studio looks for in founders: 1) Coachability, 2) Grit, 3) Empathy / EQ, 4) Generalist scrappy smarts.
– The studio takes 40 equity and pays founders ~50% of the prevailing wage for early-stage founders / CEOs in their region.
– Launched during the pandemic, Platform has been fully remote, maintaining a full-time team of 13 covering 4 areas/values for each startup: 1) product development & design, 2) growth, 3) talent, and 4) finance.
– Platform has developed a great source of ideas, launching Platform OS, a marketplace for startup ideas with over 70,000 members.
– Dual-entity: a holding company + a fund (LLC). The capital is mainly from family offices. The majority of the capital in the fund is used to pay the studio to build start-ups, and the fund gets equity in those startups in return.
Super bonus from Jeremy Burton: a 26-page Founder-in-Residence Syllabus on 10 top Cognitive Biases – one of the documents of Platform Venture Studio. Comment "+" to get it for free.
Watch the full episode: https://lnkd.in/dn6kxhjxCharles Donnelly, Brett Wischow, Carol Alexander, Daniel Leal-Bruce, Elizabeth Kamayangi, Josh Burkwist, Kristi Koistinen, Lissette Arias, Luciano Giannini, Patrick O'Shea, Tim Connors, Anthony Whitaker, Ayden Syal, Brandon Wimbush, Brian Taylor, Derek Snook, Eri O., Iesha Magallanes, Jada Mclean, Molly Hanten, Rilwan Lawal 👋🏾, Saurabh 'Jas' Jaiswal, Pablo Cruz Pou