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Doing Diligence Well In Venture Investing: Going Back To The Future

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. On an average deal, VCs would spend 118 hours on due diligence and call 10 references. The assumption was often that someone else had already done the diligence. With that, high-quality diligence has returned, and it is both art and a science.

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CrowdStrike incident has CIOs rethinking their cloud strategies

CIO

“The outcome of the review may still be the same decision but necessary to review,” Gupta said, adding that DishTV is already re-evaluating its cloud strategy in a phased manner after the Crowdstrike incident. Organizations and CISOs must review their cloud strategies, and the automatic updating of patches should be discouraged.

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Four investors explain why AI ethics can’t be an afterthought

TechCrunch

It’s reasonable to ask what role ethics plays in the building of this technology and, perhaps more importantly, where investors fit in as they rush to fund it. So some onus lies on investors to make sure these new technologies are being built by founders with ethics in mind.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. We also see AI being used in the biologics space, although the technology is used there far earlier. We are many more above this.

Biotech 242
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Unicorns wanted: Navigating the Product Owner shortage in IT

CIO

You’ve seen the virtues of transforming from a project to a product operating model: value-driven work, delivered by dedicated teams rather than through projects led by disparate team members. This is a leader who thinks of technical features in one conversation and business strategy in the next. Why are they unicorns?

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How PwC and SAP are doing right by helping clients unlock ESG value

CIO

Achieving environmental, social, and governance (ESG) targets can increase a company’s worth beyond the feel-good. Creating value with Environmental Social and Governance A McKinsey study reveals 5 ways that ESG creates value. PwC set about building an innovative application to check the clients’ value chain.

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The STA is realizing potential in predictive analysis and automation

CIO

The STA recently came out and declared that with new technological solutions, it will save SEK600 million (about $57 million) in annual internal operations, and apply it to road and railway works. It’s almost impossible for employees to keep track of our around 4,000 governing documents,” he says. Who do they need to keep an eye on?