Getting hacked sucks. It’s even worse if you’re a digital creator whose social media accounts are literally paying your bills. When creators get hacked, it could mean they can’t post sponsored content, earn badge payments, or manage their Instagram stores — it’s grueling, like a chef broke their arm and had to cook with one … Read more
Technical innovation is a cycleespecially in the protagonist-driven world of early stage venture capital and copycat nature of startups. The final proof? Y Combinator this week announced Launch YC, a platform where people can sort accelerator startups by industry, batch, and launch date to discover new products. The famed accelerator, which has seeded Instacart, Coinbase, … Read more
June brought another wave of tech layoffs, with cuts affecting roughly the same number of workers as May: 16,000 workers, according to tracker fired.fyi. Another aggregator for layoffs from TrueUp paints a bleaker picture, with 26,000 workers affected this month, up from about 20,000 last month. Either way, the data is grim. The end of … Read more
Venture capital investments may be slower, but that seems to give the venture capital firms some time to go out and raise funds themselves. Sequoia Capital is the latest to reportedly raise two new US-focused funds worth up to $2.25 billion. The information reported earlier this week† The publication reported that Sequoia of Menlo Park … Read more
Why the post-money valuation model is not an accurate value indicator? Bastian Hasslinger 8 o’clock Bastian Hasslinger Contributor Bastian Hasslinger is an investor at Picus Capital† He is building Picus’ office in Berlin, which focuses on technology start-ups. under normal circumstances, the higher the valuation of a startup, the better it is for all stakeholders … Read more
It’s a big week for startups developing technology for ecommerce marketplaces. We saw companies like Nautical Commerce bring in $30 million in Series A funding to help businesses of all sizes create their own marketplace. Meanwhile, Shop Circle made its public debut with $65 million in the pocket of apps so Shopify merchants can quickly … Read more
Medical Diagnostic Company Visby Medical raised $100 million in a Series E round earlier this year. Today, the company told me it had extended that round for another $35 million at the same valuation as the rest of the round. With this funding, Visby Medical can scale production capacity from tens of thousands to hundreds … Read more