Digital Deep Dive Show:: EP 007

This article is part of the Digital Deep Dive Show,?which aims to showcase incredible technology and the exceptional people building it, using it, and the impact it has on business and society at large.?Subscribe here?and?follow me?to read future editions Digital3DShow.

Digital Deep Dive Show:: EP 007

In this episode, we discuss current tech news, local Chicago spotlights, on the rise with Nichole Wischoff, 2023 Predictions, and where you can find online and IRL ?over the coming weeks.

You can find the Digital Deep Dive Show on Pogpage and Apple Podcast, Anchor, Google Podcast, and Spotify. Don't forget to hit that subscribe button and have all the episodes downloaded automatically to your device.?#DigitalDeepDiveShow?#Digital?#Digital3DShow

In the News::

Story-1:: Amazon Crossing Over to TikTok

• Overview: With Amazon Inspire, easily discover and shop products personalized to your interests from other customers, the latest influencers, and a wide range of brands.
• Link: Amazon News

Story-2:: Does Instagram Want to be more like Twitter

• Overview: Instagram Rolls Out Short Text Posts Called ‘Notes’
• Link: Meta News

Story-3:: IG Founders Launch New Social-Oriented News App

• Overview: A?personalized?news feed driven by artificial intelligence is currently in Private Beta; I just signed up! Is this the next thing or a modern twist on Google RSS reader + Comments and chats. Read more over at The Verge.?
• Link: Website

Story-4:: More Twitter Replacements?

• Overview: Spill is being led by a diverse team of former Twitter employees who deeply understand the challenges of social media today. ?Despite these challenges, we believe that this medium is only in its infancy and primed for its next evolution. ?
• Link: Company Website

Story-5:: FormSwift X DocuSign

• Overview: FormSwift — a simple solution that would allow people to create, complete, edit and save any form — from employee onboarding waivers, to rental agreements, to NDAs — from start to finish. We saw an opportunity for software to play a meaningful role in solving this problem while also reducing our carbon footprint by helping to make the world paperless.
• Link:?Company Website

Story-6:: Meta Reports Losses of $4.3 Billion USD in Its Metaverse Division in Q4 2022

• Overview: “Our community continues to grow and I’m pleased with the strong engagement across our apps. Facebook just reached the milestone of two billion daily activities. The progress we’re making on our AI discovery engine and Reels are major drivers of this. Beyond this, our management theme for 2023 is the ‘Year of Efficiency,’ and we’re focused on becoming a stronger and more nimble organization.”
• Link: CNBC

Chicago Spot Light::

Chicago Spotlight Story-1:: Stride raised $750K

Overview:?Stride bridges the gap between employers and employees by providing a modern solution to employee development. Our stage-appropriate development paths offer curated learning delivered via micro-content, e-learning nuggets, self-assessments, and ongoing nudges that teach the foundational concepts necessary for employees to succeed in the modern workplace.

Funding Source: Lightbank Website | Twitter @Lightbank

Why It Matters: Ed Tech is here to stay, I was the first to hate on other online learning, but over the last few years, I have really become more impressed and see this as an area where businesses and individuals want to play. From Master Class to LinkedIn Learning, to the small independent training course that has emerged from chefs and yoga teachers to music production and art.?

Link: Website | LinkedIn

Chicago Spotlight Story-2:: Hecate Energy Secures a $550 Million Credit Facility Package

Overview: Hecate Energy Secures a $550 Million Credit Facility Package, Including Five-Year Term Loan and LC Facility

Why It Matters: Continuing to diversify our energy capabilities towards energy independence. More personally, looking forward to getting solar paneling on my home to help with cost and roll energy back to the grid.

Link: PR News Link

On the Rise:?

Nichole Wischoff:: closed her second fund of $20 million, a sizable increase from her first $5 million fund. Her target is to invest in 25 to 30 U.S. startups at the pre-seed or seed stage.

“leaning in heavily on B2B”

“I tell people I invest in unsexy businesses!”

Overview: Wischoff Ventures invests in relentless early-stage, high-growth technology companies bringing massive offline industries online.

Focus Areas: Vertical SaaS, Fintech, Supply Chain, Marketplaces, Infrastructure, B2B SaaS

Investments: Loop (Logistics), Beacon (Small Biz Commerce), Vest (Infrastructure)

Connect: wischoff.com | @NWischoff - linkedin.com/in/nicholewischoff

Deep Dive:?

Overview: The release of ChatGPT by OpenAI, was a chatbot built on top of OpenAI’s GPT-3.5 that interacts in a conversational way.?Question that this year and the coming years will answers is what does this mean for creators? What does this mean for the enterprise??

My prediction is for creators, it is going to become a tool in the tool bush, they are going to be able to leverage it to assist with content creation while also viewing it as a threat. For the enterprise, the applications are just starting to unlock; the best use I have seen to date is the ability to do basic tasks like data cleanup and workflow. Over time, however, I see AI being able to assist the enterprise with more comprehensive commands.?

Thanks to Alex Velinov (Linked), who is the Chief Technology Officer at Tag Digital (Linked) for putting together a few examples of how to leverage ChatGPT for your everyday life and business applications.

Event Highlights (IRL & Virtual)::

Past Event (Virtual): M&A Science Live - The Evolution of M&A Functions

• Description: M&A is evolutionary, not only as an industry, but for in-house teams and the companies they are growing. David Hindley, VP, Corp Dev at Autodesk, will be discussing common ways in which M&A functions change and flourish over time in this live podcast recording. He will also touch on ways to evolve a function faster.
• Link: Youtube Episode Link

Event (Virtual): M&A Science Spring Summit

• Description: Sourcing a deal that is quick to diligence and easy to integrate may feel like searching for a four-leaf clover. Ready to become your company’s M&A good luck charm? Join us for the M&A Science Spring Summit of March 08, 2023! Come and learn new M&A tips and techniques that will leave you feeling like you just found a pot of gold at the end of a rainbow!?
• Date & Time: March 8th, 2023
• Event Link: Sign-Up Link

Event (IRL):?ACG Wisconsin

• Description: Adam Gerstmeier from Nemak, to gain insight into the rapidly changing automotive industry.
• Date: Feb 10, 2023
• Link: ACG Link

Event (IRL):?ACG Chicago

• Description: ACG Chicago invites you to discuss the actively growing manufacturing sectors and explore the state of middle-market manufacturing investment opportunities. These conversations will focus on M&A, technology, and emerging markets in the manufacturing industry.
• Date:?February 22, 2022
• Link: ACG Link

Event (IRL): Other City Travel

• Atlanta - Week of February 6th (Monday - Wednesday)?
• New York City February 8th
• Downtown Chicago February 9th
• Milwaukee February 10th

If you are planning on being in the same city over the coming weeks. Please feel free to reach out on Linkedin, Email, or Twitter @ReedDailey

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