Recession-proof your business with 60+ speakers at online-savvy conference

Online-First co-founder Moby Hayat. Courtesy photo

When project manager Moby Hayat was laid off this past March, he looked around and saw fellow entrepreneur friends losing revenue, having their product or service become obsolete overnight, and frantically hustling to survive.

"The world was quickly changing," he says. "Massive layoffs, extreme budget cuts, and grim stories of loss. But as in every recession, there are businesses which find a way to adapt and grow. In 2020, those businesses will be the ones that are entrenched in online customer acquisition, selling their products and services in the virtual world, and see this as an opportunity to grow."

So Hayat and his business partner Austin Larson, the CMO of an Inc. 500 company, decided to put their skills and knowledge to use.

They, along with entrepreneur CJ Finley, are hosting Online-First Summit 2020 from May 11-14. It's sponsored by Tixpire, ThriveOn, podcast The Fireshow, and InnovationMap.

The four-day virtual conference is geared toward those who have lost business due to the current economic crisis, been negatively impacted by social distancing, are looking to shift to online sales, and who want to expand or build new digital revenue streams.

More than 60 speakers will be talking live and in recorded sessions about best practices for e-commerce, how to organically build a following, the state of the job market, how to avoid layoffs, ways to deeply connect with your customers in an online-only world, and how to make money online as a creator "without selling your soul," among other topics.

Not only will adapting to the post-COVID business world be discussed, but also how companies can learn from this time and apply lessons to the unknown future.

Hayat and the team's previous work has featured Mayor Adler, SXSW director Hugh Forrest, the designer of Austin-Bergstrom International Airport, the Texas Woman Entrepreneur of the Year, and included collaborations with Funded House, Entrepreneur Media, and MediaTech Ventures.

Head here to see the full four-day lineup, browse the list of speakers, and book your space.

General admission tickets are $35 and include access to live broadcasts and replays until July 31, 2020. VIP tickets come with an execution planner, custom swag pack, content marketing course, one-hour consultation, and access to live broadcasts and replays until December 31, 2020.

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Building Houston

 
 

Molecule has closed new funding in order to focus on the energy transition. Photo via Getty Images

A Houston startup with a software-as-a-service platform for the energy transition has announced it closed a funding round with participation from a local venture capital.

Molecule closed its $12 million series A, and Houston-based Mercury Fund was among the company's investors. The company has a cloud-based energy trading and risk management solution for the energy industry and supports power, natural gas, crude/refined products, chemicals, agricultural commodities, softs, metals, cryptocurrencies, and more.

"We led the seed round of Molecule upon their formation and are excited to participate in their series A," says Blair Garrou, co-founder and managing director of Mercury, in a news release. "Molecule's success in the ETRM/CTRM industry, especially in relation to electricity and renewables, positions them as the company to beat for the energy transition in the 2020s."

The company will use its new funds to further build out its product as well as introduce offerings to manage renewables credits, according to the release.

"In 2020, we realized that electricity — the growth commodity of the 2020s — represented over half of Molecule's customer base, and we decided to double down," says Sameer Soleja, founder and CEO of Molecule, in the release. "We were also rated the No. 1 SaaS ETRM/CTRM vendor. With this fundraise, we have the fuel to become No. 1 SaaS platform for power and renewables, and then the market leader overall.

"Molecule is ready to power the energy transition," Soleja continues.

Molecule's last round of funding closed in November 2014. The $1.1 million seed round was supported by Mercury Fund and the Houston Angel Network.

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