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Nelo raises $3M to grow ‘buy now, pay later’ in Mexico

Buy now, pay later is a way of paying for purchases via installment loans that generally have no interest. The concept has grown in popularity in recent years, especially in markets such as the United States, Europe and Australia. Numerous players abound, all fighting for market share — from Affirm to Klarna to Afterpay, among others.
But notably, none of these bigger players have yet to penetrate another very large market — Latin America. Enter Nelo, a startup founded by former Uber international growth team leads, which is building buy now, pay later in Mexico. The company is already live with more …

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How to Appeal to Customer Emotional Drives to Add Value

As a logical and data-driven business advisor, I have long focused on facts, technology, and quantifiable pain in guiding entrepreneurs.Yet, these days, I am seeing overwhelming evidence that customer buying decisions, especially with consumers, are often based on emotional and psychological factors, including passions from others, your experience, and social relationships.For example, my dictate that entrepreneurs need to find a “painful” problem to solve (such as high cost, low productivity) to attract customers, doesn’t really account for many successful startup businesses today, including top social media platforms, dating sites, and new fashions.I now offer the following additional …

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Startups, Supreme, and soft-circling your way to an investment

In an Extra Crunch Live this past week, Cleo Capital founding partner Sarah Kunst broke down what founders can learn from Supreme, a sought-after streetwear brand. She argued that founders, similar to Supreme, should build a brand around themselves that is so well-respected and has clout that whenever they start something new, investors will line up.
“A Supreme shirt that costs $100 bucks in the store will cost $1,000 online so, as an investor, I am just a kid on the street corner flipping sportswear,” Kunst mentioned. “Who do I think is going to be an investment with such velocity that getting …

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How to Maximize Your Credibility With Startup Investors

In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors.An experienced Board can give them credibility, as well as advice on the many pitfalls of starting a new company. Especially if you are a first-time business owner, the payback for this initiative is well worth the effort and cost.In fact, the cost may be minimal, if you do your networking and build a relationship with an experienced business executive  in your domain who is willing to share and give back for a nominal retainer, …

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This Startup is a One Stop Solution for Websites to Become ADA Compliant

One in four American adults – that’s 61 million people – suffer from some form of disability. People with disabilities generally have a hard time using the web. The reason for this stems from website owners and companies with an online presence failing to take the necessary steps to make their websites accessible to people with disabilities.Domino’s was sued by a blind person who wasn’t able to order food on both their website and mobile app. The pizza giant lost the case, which went all the way up to the Supreme Court, because it violated that person’s rights under the …

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Comcast Ventures Holiday Gift Guide

All of us at Comcast Ventures would like to wish you and your loved ones a Happy Holiday season. After a year like 2020, we all deserve a little something special. Shop from our CV Gift Guide featuring special discounts from our portfolio companies and their founders. Unless otherwise noted, the deals are good through January 31, 2021 but some supplies are limited, so get your holiday shopping done early. BluelandAvoid the supermarket rush for cleaning products and plastic bottles that end up polluting our oceans.Blueland is reimagining cleaning products to be better for your home and our planet. The team would …

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THE YES founder and e-commerce expert, Julie Bornstein, sheds lights on the future of retail

THE YES founder and e-commerce expert, Julie Bornstein, sheds light on the future of retailBornstein launched the new women’s shopping platform THE YES, alongside co-founder and Google alum Amit Aggarwal in May of 2020, in the middle of a pandemic when just about everything, including shopping, was virtual. With a resume including Chief Operating Officer of Stitch Fix, Chief Digital Officer of Sephora, and credited for launching Nordstrom and Urban Outfitters e-commerce websites, we believed that if someone was going to transform e-commerce, it would be Bornstein.THE YES platform was created to revolutionize the online shopping experience using machine …

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Nomad Redefines Home Buying in Europe and the Middle East

She dropped out of grad school at Stanford to transform the massive real estate market in Europe and the Middle East. Now Co-Founder and CEO of Nomad Homes, Helen Chen, is living proof that following your passion is one of the building blocks of success.Born in Palo Alto, California, Nomad Homes is a digital real estate platform that helps home seekers buy and rent residential real estate. The company just launched in its first city, Dubai, United Arab Emirates last month.A passion for real estateIt all started with Chen’s passion for real estate — which dates back to …

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