Start-up
European VCs urge tech start-ups to slash costs and extend the runway
skaman306 | Moment | Getty Images European venture capitalists are advising start-ups in their portfolios to cut costs and freeze hiring as economists warn that another recession is inevitable. Their counterparts in Silicon Valley are doing the same. Following a bumper 2021 that was full of IPOs and mega funding rounds, some of the most […]
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Sequoia coaches start-ups to cut costs or face a ‘death spiral’ amid stock market slump, bleak economic backdrop
One of Silicon Valley’s most successful venture capital firms doesn’t see the economy bouncing back anytime soon and is warning portfolio companies to tighten their belts in the meantime. In a 52-page presentation seen by CNBC, the Sequoia lays out a litany of risks making it harder for founders to raise money and operate. The […]
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Early Tesla investor DBL Partners leads $70 million investment in logistics firm Airspace
Matt Mawson | Corbis Documentary | Getty Images Time-critical logistics start-up Airspace, which originally broke into the market handling shipments for emergency situations including organ transplants and life-saving medications, has nearly doubled its funding in a new round of venture capital led by DBL Partners, an impact investing firm that was an early investor in […]
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Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market
Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Andreessen Horowitz plans to plow billions of dollars into crypto start-ups while digital asset markets are in a rut. The Silicon Valley firm announced a new $4.5 billion fund for backing […]
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How this millennial turned $700 into a multimillion-dollar fishery start-up
When she was young, Utari Octavianty often felt like the underdog because of where she came from. Her hometown is Kampung Bahru, a remote fishing village in North Sumatra, Indonesia, where many don’t have access to education. There was even a common saying: “If you come from a fishing village, you cannot win.” That’s why […]
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What comes after the easy money era ends for cash-burning tech companies in Silicon Valley
Male in a suit holding burning cash and bank card. isolated on grey background. FXQuadro | iStock | Getty Images It started with word spreading through Silicon Valley last fall into winter about the term sheets for start-up funding getting pulled. Now, a less frothy Silicon Valley is the assumption in beginning to understand the […]
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This start-up makes vodka out of CO2 emissions, and it’s backed by Toyota and JetBlue
At Bathtub Gin, a reinvented speakeasy in lower Manhattan, patrons may be pining for the past but they are drinking a vodka specifically invented for a cleaner future. Air Vodka is made in part from greenhouse gas emissions – specifically, captured carbon dioxide. It is just one of a bevy of new products designed to […]
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The co-founders of DeepMind and LinkedIn have raised $225 million for their A.I. lab
DeepMind co-founder Mustafa Suleyman Greylock Partners Inflection AI, the new artificial intelligence start-up from DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, has secured $225 million in funding, according to a filing with the U.S. Securities and Exchange Commission last week. The funding, first reported by TechCrunch, has been raised at an undisclosed valuation […]
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How to get a free pair of Nike sneakers and other life hacks
Reading the fine print or understanding available offers means you could be saving money or taking advantage of refunds or freebies that you might not have otherwise known about, like a brand-new pair of Nike sneakers. That’s the kind of attention to detail that can lead to some surprising upsides, according to Erika Kullberg, lawyer […]
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Four tips for managing an unexpected increase in money
When Kristen Heaton launched her own business in 2013, she never dreamed she’d sell it for seven figures. So, when she sold it to Amazon aggregator Perch in July 2021, she hired a financial advisor to make sure her family could get the most out of the new wealth. “They sat us down, and they […]
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