The Flowlie Times #25
PLG; ChatGPT; lessons from hedge funds; raises; and better Flowlie onboarding!
Hi Friends,
This is Mike from Flowlie. This bi-weekly newsletter talks about VC & PE: from operations, tech, and tax matters to trends, notable guides, and news on recent capital raises. We hope you enjoy it and find some value!
3 awesome articles we learned from:
1️⃣ This Substack about what lessons VC funds can learn from hedge funds. [6-min read]
2️⃣ This short opinion on how ChatGPT will affect engineering teams. [2-min read]
3️⃣ This practical study by Heap on how they improved PLG conversion using behavior-based onboarding. [6-min read]
3 venture announcements that caught our eye:
1️⃣ Bloomberg introduced a generative AI model. “BloombergGPT represents the first step in the development and application of this new technology for the financial industry.”
2️⃣ As companies are trying to cut costs, Spendflo unveils $11M Series A. They help organizations to get a handle on the way they buy and manage their SaaS subscriptions.
3️⃣ “Covariant, the world's leading AI Robotics company, announced it has raised an additional $75 million in Series C funding, bringing its total amount raised to $222 million.”
Flowlie news 🎉
We updated onboarding experience. Now, when you share your FlowLink with someone and they join Flowlie, they are guided through why the information they fill out matters.
As always, feel free to email us with any questions,
Mike from Flowlie