India's top telecom launches new wireless plug-and-play 5G hot spot

Monday, August 28, 2023

Today’s top story is about India’s retail giant, Reliance. And the company has been busy making news, so we actually have a trio of stories. First, the company launched its 5G hot spot Jio AirFiber. Then, guess who is now on Reliance Industries’ board? Meanwhile, Reliance’s financial services unit will now offer insurance and merchant lending. Read more.

Next, we all know that airline flight prices are volatile. A new tool from Google Flights will tell you when it’s the cheapest time to book.

And OpenAI doesn’t want to hold back enterprise from all the fun of ChatGPT. It now has a plan for that.

Image Credits: Busà Photography / Getty Images

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Image Credits: Thomas Barwick / Getty Images

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From today’s “pod” files

Today’s Equity is catching you up on stocks around the world. The team also covered how Instacart and Klaviyo are bringing tech IPOs back, and Didi selling part of its business to Xpeng.

Never express your ‘use of funds’ slide as percentages

Building a pitch deck is like four-dimensional chess: Founders should present a convincing narrative that will carry the company from one fundraising round into the next.

Some teams like to share slides that explain how they plan to allocate investor funds, but Haje Jan Kamps says percentage breakdowns are a “red flag” to potential investors.

“How much tech do you need to have developed? How many customers and how much revenue do you need? What staff do you need to develop that tech, sell to those customers, and support them? . . . In other words: You’re raising for milestones, not for percentages or runway.”

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