How To
Choose the right startup incubator in 8 Moves!
Was there ever a preferable moment to start a company? Now! It’s great that the revolution in the technology has shown an easier path to raise capital, find and handle customers and tune the operations right.
Some opined that the entrepreneurship is in the golden era now. As per The Global Entrepreneurship Monitor’s 2015/16 estimates there 100 million+ businesses starting every annum. On the other hand, GEM’s estimate is 400+million entrepreneurs
This is motivating but there are specific limitations too, i.e favorable outcome for a Startup is not assured. Shortage of capital, lacking right team and lacking determination are some of the few failure reasons. Beating these hindrances is not a simple deed.
For those startups which participate in incubators and accelerators can make a difference for foundation laying for a stable business.
1. Explore, Explore and Explore
Incubators programs which run on individual differ to a big extent depending on the category of the business which they support, the educating methods, guiding methods they extend, the level of proficiency the team heads show. Recognizing and choosing the correct incubator for your business needs is a priority.
2. Know the Guide
Getting the correct group will matter to get the aspired outcome in startups. A report from Unitus Seed Fund and Capria Accelerator states that the expertise of a Guide in an incubator or accelerator would affect the overall performance and outcome of a company.
Not only looking at the number of Guides of the incubators must be checked but also a watch on who the persons to Guide are must be kept. It would be great, that the expertise and achievement record of the program Guide would be in alignment with the field of your company and touch your aspirations.
3. Monitor Your Timings:
Not selecting a right incubator is the first blunder. Not entering the incubator at the right time would be the second. Entering too early might turn you down if you do not have a sync with the incubator. Try entering after you are stabilized with your system or if you have started generating revenue.
4.Process Your Company’s Background:
Selling on your company’s excellence, to the acceptance committee is the part of being taken into the incubator. A uniform description comes in this way. Get a clear idea of what you want to achieve and also brainstorm the ways through which you can crack the issues which are not noticed by others.
Now, look if you could crash any hindrances that stood up to launch your startup. Recognize if you are trying anything experimental for a particular purpose. Embellish the ideas and find out so that your narrative displays what was your company and what is it now.
5. Check out Equity Dynamic
The founders have to be prepared with fixed equity amount while entering an incubator or an accelerator. The equity amount may differ with the program. The common figure being 5, there are some who opt 0% too.
An incubator lets you hold its materials, staff etc for your equity. Davda alerts the owners on the numbers while discussing on equity. If a significant capital is not needed by your company to grow, you can be dilution-sensitive. A prompt cap table can make ownership risks simpler.
6. Organize your Startup Basics
Incubators will want to join startups which have something beyond a good strategy and concept. Your concept is expected to be relevant to the market needs. And it should be backed up with people with knowledge and expertise who can realize the plans. When you can bring proficient people with a success record and relative knowledge to support, it becomes easier to get included in the incubator.
7. Try for a referral
Currency is the most prominent for a startup. Proper support will help in incubator entry. Check out the persons in your circle. Check if you are familiar with the owner who made a fruitful journey in incubation procedure. Also, check if you ever worked with these guide anytime before. Touching back the previous contacts may pave way for entering this incubator or the accelerator.
You can also get social networks and online sources for getting your profile registered and displaying your products where there may be giant investors.
8. Check for Perfect Modulation:
A final hindrance for an incubator entry is furnishing to the application committee.And every moment of the few minutes you got is prominent here. The more clear you are on your aspiration, business plan, motto, and target, the more you can create a perfect presentation.
Also Read About Venture Capitalist Firms For Machine Intelligence StartUp– Here
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With WhatsApp Member Tags, group members can customize labels that appear beside their names and within the participants list, providing better clarity during group conversations. The introduction of tags aims to cut down confusion in busy chats, making it easier to know who handles what. The feature is already rolling out for iOS users and is expected to reach Android devices soon as part of WhatsApp’s gradual global rollout. Users can add tags by simply going to the group info section, tapping their own name, and selecting “Add Member Tag.”
This update also benefits brands, creators, and businesses that rely on WhatsApp for communication and engagement. From marking support staff with titles like “Customer Support” or “Sales” to identifying moderators and event organizers in community groups, the feature brings a layer of professionalism to WhatsApp’s familiar interface. By enhancing group communication dynamics, the Member Tags feature strengthens WhatsApp’s position as one of the most efficient and business-friendly messaging platforms available today.
Google has introduced a new AI-powered feature for its Files by Google app, allowing users to easily interact with PDF documents. The “Ask about this PDF” feature, powered by Gemini, enables users to ask questions about the document’s content directly within the app.
How it Works
Access
The feature is available in the updated Files by Google app (version 16.0.5 and above). Users can download the latest version from the Google Play Store to access this functionality.
Functionality
Users can simply tap the “Ask about this PDF” button while viewing a document. This prompts the app to allow users to ask questions regarding the PDF content, such as:
- Summaries of sections
- Clarifications on specific paragraphs
- Details about tables and charts
AI Interaction
The app leverages the power of Gemini AI to provide accurate and informative answers based on the content of the PDF. This interaction enhances user engagement by making it easier to extract relevant information without manually scrolling through lengthy documents.
User-Friendly Experience
AI-generated responses are displayed as an overlay, enabling users to view both the original PDF and the AI-generated answers simultaneously. This feature streamlines the process of obtaining information from PDFs, making it particularly useful for students and professionals who frequently work with such documents.
Availability
Gemini Advanced Required
The “Ask about this PDF” feature is currently exclusive to users of Gemini Advanced, a subscription service that provides enhanced capabilities of Google’s AI tools.
Limited to Files by Google
At present, this feature is available only within the Files by Google app. However, there are expectations that similar functionalities may be integrated into other Google applications in the future, such as Google Drive.
Future Outlook
This new feature demonstrates Google’s commitment to integrating AI seamlessly into its products and services. By enhancing the user experience with innovative tools like “Ask about this PDF,” Google aims to improve productivity and accessibility for its users.
Expansion Plans
Given the positive reception of this feature, it is likely that Google will explore expanding Gemini’s capabilities across other platforms and applications, potentially offering similar functionalities for various document types and formats.
Conclusion
Google’s introduction of the “Ask about this PDF” feature in its Files by Google app marks a significant advancement in how users interact with digital documents. By leveraging Gemini AI, Google is not only enhancing productivity but also making information retrieval more efficient and user-friendly. As AI continues to evolve, features like these are expected to play a crucial role in transforming digital workflows across various sectors.
WhatsApp is revolutionizing how users handle voice messages with the introduction of its new Voice Note Transcription feature. Designed to cater to diverse user needs, this update ensures that you never miss out on voice messages, even in situations where listening isn’t an option—be it a noisy environment, an important meeting, or simply when audio isn’t convenient.
What Is Voice Note Transcription?
The Voice Note Transcription feature converts voice messages into text, allowing users to read the content instead of listening. This thoughtful solution addresses scenarios where audio playback may not be practical. With this addition, WhatsApp enhances communication efficiency, helping users stay connected regardless of their circumstances.
How Does It Work?
Using the transcription feature is straightforward:
- Enable the Feature: Navigate to Settings > Chats > Voice Message Transcripts to enable or disable the feature and select your preferred transcription language.
- Transcribing a Voice Note: Once activated, long-press the voice message you’ve received and tap ‘Transcribe’. The app will instantly generate a text version of the audio message for you to read at your convenience.
This process is handled entirely on your device, ensuring that the voice messages remain private. Neither WhatsApp nor external servers have access to the content, maintaining the platform’s commitment to privacy.
Privacy and Security
In line with WhatsApp’s dedication to user security, the transcription process is executed locally on the device. This ensures that your voice messages are never sent to external servers, and even WhatsApp itself cannot access them. By integrating this feature while preserving its robust end-to-end encryption, WhatsApp continues to prioritize user trust.
Key Privacy Features
- Local Processing: Transcripts are generated entirely on-device, ensuring that no one else—not even WhatsApp—can access your personal messages.
- End-to-End Encryption: The feature maintains WhatsApp’s strong privacy standards, ensuring that only the sender and recipient can access their voice messages.
Global Rollout and Language Support
The Voice Note Transcription feature is rolling out globally over the coming weeks. Initially, it supports selected languages such as English, Spanish, Portuguese, Russian, and Hindi. WhatsApp has confirmed plans to expand its language offerings soon, ensuring wider accessibility for users worldwide.
Why This Feature is a Game-Changer
This new addition addresses a common pain point for WhatsApp users: handling voice messages when audio playback isn’t feasible. Whether you’re in a crowded space, attending a quiet event, or dealing with a lengthy voice note, the transcription feature provides a convenient alternative.
Benefits of Voice Note Transcription
- Multitasking Convenience: Users can skim through voice messages while juggling other responsibilities without needing headphones.
- Accessibility Improvement: The feature enhances accessibility for individuals with hearing impairments or those who prefer text-based communication over audio.
- Enhanced Communication: Merging the personal touch of voice communication with the convenience of text allows for more flexible interactions.
Conclusion
By introducing the Voice Note Transcription feature, WhatsApp continues to innovate and enhance its platform. This tool exemplifies how technology can adapt to diverse user needs while maintaining security and privacy. Keep an eye on your app settings—this feature is rolling out soon and is set to make staying connected easier than ever. As WhatsApp expands its capabilities, users can look forward to a more personalized and efficient messaging experience that caters to their evolving communication preferences.
WhatsApp Rolls Out ‘Member Tags’ Feature to Simplify Group Roles and Management
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