Thu. Jan 20th, 2022

You don’t have to be a scientist to understand the implications of factory farming: If you’ve been near a pig waste lagoon in North Carolina or driven past the vast cattle ranch in Coalinga, California, the smell travels for miles.

In exchange for affordability and convenience, consumers, regulators and meat producers have learned to live with the many drawbacks of raising animals for food: greenhouse gases, water pollution, unsafe working conditions and inhumane practices, for starters.

But a United Nations report estimates that we need to double global food production by 2050 to meet the needs of 10 billion people.

The rising demand for meat is partly driven by the emergence of a global middle class. It turns out that the people with the most purchasing power are also fans of cheeseburgers, and with consumption and population growth steadily increasing, you could even say that meat is eating the world.

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In a thoroughly researched report for BestFitnessBands+, reporter Christine Hall examined the state of the cell-based meat farming industry and identified many of the startups innovating in the industry, along with the challenges they face when it comes to ramping up production and getting regulators and consumers on their side.

“It’s still small-scale, and the most important thing we’re doing that other companies should be doing is focusing on the design, engineering and complete installation of ships and the support systems to make it big,” says Josh Tetrick . , co-founder and CEO of Eat Just, which sells chicken raised in Singapore.

Friederike Grosse-Holz, director of impact investment firm Blue Horizon, said lab-grown meat is “a bit of a moonshot,” but predicts that 11% of the seafood, meat, eggs and dairy consumed worldwide by 2035 will come from from alternative sources.

“It’s far from clear which technology will be the best,” she said. “So it’s good that there are so many players and a space for them.”

Thank you very much for reading,

Walter Thompson
Senior Editor, BestFitnessBands+

Use alternative financing to drive VC-level growth without diluting ownership

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Image Credits: two meows (Opens in a new window) / Getty Images

Investors are hungry for startups to throw their money at, but VC financing isn’t always the right option or for every startup.

Alternative financing options such as revenue financing or cost financing are often overshadowed by the VC model, but they can be just as, and sometimes even more useful for SaaS startups, writes Miguel Fernandez, CEO and co-founder of Capchase.

In an in-depth post, Fernandez explains alternative financing for startups and how to see which option is right for you.

Startup accelerators’ definition of ‘add value’ is due for an update

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Image Credits: Dilok Klaisataporn (Opens in a new window) / Getty Images

One of the most notable trends in technology that has emerged during the pandemic is the steady commoditization of capital.

Now that founders find they have a lot of interest from investors, accelerators are changing the way they invest, what they offer their cohorts and how they maximize value and attract top talent, reports Natasha Mascarenhas.

“As capital continues to be commoditized, early stage investors are going back to the drawing board to see what truly – and excuse my language here – is a value-added service.”

Don’t Trust Averages: How To Assess And Amplify The Health Of Your Business

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Image Credits: ShadowPix (Opens in a new window) / Getty Images

Startups grow quickly, and when you’re building one, it can be easy to lose track of what works — and what doesn’t.

One way to keep track of how well your company is doing is to look at the big numbers, but Intercom CEO Karen Peacock has a caveat: Averages can be dangerously misleading.

“When Jeff Bezos walks into a bar with 100 people, the net worth of each individual in that bar suddenly averages over a billion dollars. Is that useful? Would that lead you to take the right actions? No – averages hide real insights. ”

Peacock explains how founders can assess where their company’s strengths lie and where they need to work harder, including how to measure revenue health and use customer segmentation to find “leaks in the bucket.”

This is how startups can prevent technical debts from piling up

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Image Credits: Leland Bobbe (Opens in a new window) / Getty Images

Focusing on going to market, introducing new features, and tweaking your product to land a big customer are all proven tactics to drive growth.

But companies that continue to build without a clear product roadmap in hand usually end up with a lot of technical debt, writes Sowmyanarayan Raghunathan, VP of Engineering at Talentica Software.

To minimize technical debt, Raghunathan sets four rules for technical teams:

  • Do not allow specific deployments to continue for more than three months
  • Perform an architectural review of the product every 18-24 months
  • Upgrade to new open source versions two months after launch
  • Understand the product and identify NFRs in advance

Are companies making smarter decisions now that more data is available than ever?

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Image Credits: z_wei / Getty Images

For many companies, data is their greatest asset and, at the same time, their biggest problem.

In a follow-up to a 2014 post on the rise of big data, business reporter Ron Miller looks back on the intervening seven years and found that infrastructure, technology and data analytics tools “have all improved dramatically, but it’s by no means solved a problem.”

3 views at CES 2022

An attendee wears a face mask as he takes a selfie in front of the Welcome To Fabulous Las Vegas sign on the show floor during the Consumer Electronics Show (CES) on January 6, 2022 in Las Vegas, Nevada.  - The CES tech show opened in Las Vegas on Wednesday, despite rising Covid-19 cases in the United States, as one of the world's largest trade shows tried to get back to business.  Despite some apparent gaps on the show floor — after high-profile companies like Amazon and Google canceled due to rising virus risk — crowds of badge-wearing tech entrepreneurs, reporters and enthusiasts flocked to the venues.  (Photo by Patrick T. FALLON/AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Image Credits: PATRICK T. FALLON (Opens in a new window) / Getty Images

If an event only draws 25% of the usual crowd, who is it essential for?

After several years of covering CES 2022 from multiple angles, BestFitnessBands Transportation Editor Kirsten Korosec, Hardware Editor Brian Heater and reporter Haje Jan Kamps shared their thoughts on how the pandemic has changed the event and what this means for hardware companies:

  • Kristin Korosec: CES hasn’t lost its automotive shine
  • Brian Heater: Hardware startups need to rethink their media strategies
  • Haje Jan Kamps: I missed it a lot this year

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