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Elevate Your Startup’s Future with 4 Financial Forecasting Game-Changers

Entrepreneurs' Organization

For example, startups with well-prepared forecasts are better equipped to manage through challenging economic environments. Alex has extensive experience working in finance operations, mergers and acquisitions, venture capital, and private equity-backed companies.

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

TechCrunch

As the world moves into economic head-winds and geopolitical uncertainty, European founders must get used to taking tough decisions to ensure the survival of their startups. In this environment a lower valuation is no reflection on you. I’ve seen founders tempted to put off the raise waiting for things to change.

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Mayfield’s Arvind Gupta discusses startup fundraising during a downturn

TechCrunch

Between his roles as co-leader of Mayfield Fund’s engineering biology practice and founder at IndieBio, Arvind Gupta reviewed approximately 470 startup pitches last year. “In 10 days, I can do the primary research and work with the founders to come to a conclusion there. For a larger Series A check. Arvind Gupta.

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Truework, which helps lenders verify borrowers’ income and employment, raises $50M

TechCrunch

automotive, personal loans, and student financing) to verify and approve borrowers quickly within their own applications using Truework’s APIs. ” Truework founders: Victor Kabdebon (product & CTO), Ryan Sandler (CEO) and Ethan Winchell (COO). with vehicle loans in particular driving a significant part of that.

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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.

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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

Co-founder and CEO Afif Khoury says that the new capital — a combination of debt and equity of which Khoury wouldn’t provide a very detailed breakdown — will be put toward mergers and acquisitions, customer success and international expansion. .”

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

TechCrunch

Similarly, there’s no reason to be fearful about raising money, but like carefree cruisers at full sail, founders should have healthy respect for a process that’s not under their control. In this TC+ post, she discusses the current economic environment and shares “actionable tips for closing pre-seed to Series B rounds.”.