This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Runway is a crucial indicator of survival that signifies your company’s future financial ability to sustain operations. If you cannot sustain operations for 18 months, cut your burn rate so you can extend your runway. Investors want to see you’re able to remain lean and adapt to changing economic circumstances.
This economicenvironment will continue to test a lot of companies,” said Jake Fingert, managing partner, and Lionel Foster, investor, at Camber Creek. The first part of this survey covered proptech startups solving financial problems. This economicenvironment will continue to test a lot of companies.
This program is preparing and connecting Metro Detroit Black-owned businesses to various funding resources to ensure their sustained success. To stay competitive in the new economicenvironment, small businesses must be agile and adapt to shifting consumer preferences.
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. Who’s going to have a harder time in this new environment? It’s just different in different economicenvironments, it’s never shut, so to speak.
I would say the past few years have been more of an anomaly, and we are getting back to a more sustainable pace. This impacted the kinds of startups that got funding and the total capital in the market. billion in Europe thus far in 2022, 40% more than a year earlier, reports say). If yes, what is the impact of a more focused sector?
Public market investors are punishing Big Tech for several strategic errors that I believe offer valuable lessons for startups to learn from. Public market investors are punishing Big Tech for several strategic errors that I believe offer valuable lessons for startups to learn from. What do you think?
Customer support startup Gorgias raises $25M. Even with all of that growth, the company is monitoring its cash burn rate in this new economicenvironment. The company’s goals early on were to “hire and grow in a sustainable way,” Lapeyre said.
Last year, Teampay launched a Mastercard-branded corporate card, Catalyst, with spend management features, signaling the startup’s intentions to venture further into the heated corporate card space. Just in January, European startup Moss , which offers corporate credit cards for small- and medium-sized companies, raised $86 million.
Since then, the company tweaked its credit origination and is now growing at 25% month over month this year “in sustainable growth.” And at a time when other financial players are increasing rates due to the difficult economicenvironment, Constrafor is able to lower its price to customers and pass on the savings to them, he added.
This is Part 2 of a two-part examination of the state of the startup capital market during the past two years. From an investor’s perspective, 2022 witnessed a sudden market reversal from an extreme equity seller’s market to an equity buyer’s market, causing dislocations throughout angel, VC, and startup ecosystems.
Meanwhile, the second round of cuts, executed due to a profitability push, impacted 15% of its full-time employees across various departments, leaving about 800 employees at the startup. We couldn’t confirm how many part-time and temporary hires were let go in both layoffs.
based commercial EV startup turned publicly traded company, has lowered its delivery plans from 400 vehicles to 20 as it postpones development of its battery-electric buses and shifts gears to focus on vans. Arrival, the U.K.-based For the second quarter, Arrival reported a loss of $89.6 million, compared with a loss of $56.2
The end of a second straight month of nearly daily layoffs shows how every startup sector, from mobility to fintech, is impacted by the downturn. Edtech business Byju rose to prominence over the pandemic as it both helped answer the demand for remote education and boasted the highest known valuation of any startup in India.
We organize all of the trending information in your field so you don't have to. Join 24,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content