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3 Tips to help founders build productive bonds with mentors

Great mentorship is often a game-changer for international founders launching a new business in unfamiliar terrain. Whether you are looking for an expert in your industry or someone who appreciates the nuances of your immigrant background, you need the right strategy. Katja Wald, an expert in coaching programs for entrepreneurs, shares three tips for building exceptional synergy with a mentor.
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I almost joined the Newchip accelerator right before it collapsed. Was it a scam? Here’s what I recommend to other founders.

The recent collapse of Newchip, one of the world’s biggest accelerators, was a shock to the venture ecosystem. Bjorn Erik Hansen, founder and CEO at INTIEM, an AI-based SexTech solution, believes the organization's business model was an intentional deception. Just a few days before news of the bankruptcy became public, his Miami-based startup had said "no" to joining Newchip’s new cohort.
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Immigrant entrepreneurs created ChatGPT. Is AI a superior alternative to our flawed systems or a dystopian hellscape?

Artificial intelligence (AI) recently entered the long list of epoch-making technological innovations credited to the hard work of immigrant founders. ChatGTP, which was developed by Open AI, a company that was launched by an international team, has been making headlines over the past few months. Mike Burtov, a star entrepreneur and mentor, is wondering whether AI will usher in a glorious future for humanity or could prove to be a ticking time bomb.
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Permissionless innovation: How to survive the Wild West of entrepreneurship

When it comes to new technology, America still has a “Wild West” culture, where the line isn’t always clear between pioneers and outlaws. Mike Burtov, a star entrepreneur and mentor who brought multiple startups from their initial idea to millions in revenue and funding, believes that “fortune favors the bold” who have a worldview with no limits. He recommends immigrant startup founders to embrace the concept of “permissionless innovation” if they want to succeed.
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Revisit the Pivot: How international startups can “make lemonade” out of their failures in America

Many tech companies are moving to the U.S. after enjoying success in their local European, Asian, or LatAm markets. But the American reality turns out to be different than expected. Products, approaches, and sometimes business concepts that worked well at home often fail in the U.S. After pouring resources into the world’s most competitive market, many leave disappointed. But there’s a way for them to change this. Star entrepreneur Mike Burtov, who has helped multiple startups grow, recommends immigrant founders to “make lemonade out of lemons” and embrace the pivot.