Remove 2021 Remove economic environments Remove financing
article thumbnail

Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

In 2021, we extended a grant to Grand Valley State University’s Veterans Entrepreneurship Lab. In 2021, we also established a partnership between Verizon’s Pro Bono Program and the Metro Detroit Black Business Alliance ’s Capital Connect Program. Veterans and/or military spouses work on their business launch over a three-month period.

article thumbnail

Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. “Enterprises crave control and visibility over the finances, and this not only helps the IT department, but [also] enables all departments to make better aligned business decisions,” he added. billion in 2021. This year, $1.6

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Equity Seller’s Bubble of 2021 Part 2 • 2022 From a Startup Equity Seller’s to an Equity Buyer’s Market

Angel Capital Association

For Part 1 on The Equity Seller’s Bubble of 2021, click here to access the ACA Data Insights Archive. FIGURE 10: US TECH LAYOFFS SINCE 1/1/2022 Source: layoffs.fyi Global venture investing fell 35% between 2021 and 2022. The decline was especially steep during the second half of the year as economic deterioration worsened.

startup 52
article thumbnail

Cyber firm Arctic Wolf raises $401M in debt, eyeing a potential IPO

TechCrunch

In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf , which last July raised $150 million at triple its previous valuation ($4.3 “In a turbulent economic environment, security will remain a top priority for companies. Through the same period in 2021, startups had around $13.3

article thumbnail

Even well-funded fintech companies are laying off workers

TechCrunch

Schulman added: “Over the past year, we made significant progress in strengthening and reshaping our company to address the challenging macro-economic environment…While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do.

article thumbnail

Zennström calls the end of high-valuations era, says founders and VCs must remove stigma of downrounds

TechCrunch

In a keynote address Zennström gave a blunt assessment of the economic environment, while unpacking how he failed several times in his own career during tough economic conditions. Technology investment in Q3 is around 30% down on the same period in 2021. In this environment a lower valuation is no reflection on you.

founder 86
article thumbnail

TechCrunch+ roundup: Fighting fundraising fears, XaaS CS strategy, the ‘collapse’ of VC

TechCrunch

In this TC+ post, she discusses the current economic environment and shares “actionable tips for closing pre-seed to Series B rounds.”. We need to unlearn the lessons of the 2021 fundraising bubble. We need to unlearn the lessons of the 2021 fundraising bubble. Does your startup have a data room?