February, 2023

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Grow Fast, Breakeven, or Die: How Moderate Cuts Will Kill Startups in 2023

This is going to be BIG.

“Extend your runway.” That’s what every VC is telling their portfolio companies these days. The very important part they’re leaving out, however, is, “But keep growing at the same pace before the cuts.” In other words, they’re telling companies that, in order to get next round funding, they’re somehow supposed to stay the same fast growers they were before the tech downturn, but just do that longer and get to higher aggregate revenue and performance numbers.

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3 Types of Questions Investors Ask When They’re NOT Interested In Investing in Your Startup

Entrepreneur's Handbook

Learning how to tell when investors aren’t interested will save you tons of time and frustration.

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Trending Sources

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Anthropic begins supplying its text-generating AI models to select startups

TechCrunch

Anthropic , a buzzy AI startup co-founded by ex-OpenAI employees, has begun offering partners access to its AI text-generating models. The first commercial venture to announce that it’s integrating Anthropic models is Robin AI , a legal tech startup that’s raised over $13 million from investors including Plural, Episode 1 and the Google Black Founders Fund.

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Ukraine One Year Later: Insights and Entrepreneurship in Action

Entrepreneurs' Organization

Since February 2022, the UN High Commission on Refugees reports that nearly 14 million people have been displaced from their homes in Ukraine—most of them seeking safety and shelter in other countries. More than 9 million of them crossed the border into Poland alone. Dawid Adach, a co-founder of technology company MDBootstrap and former EO Poland president from 2021-22, partnered with fellow EO members Szymon Boniecki, Jakub Szalaty and many others across Europe and North America to fundraise, c

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Investing in a More Inclusive Innovation Economy

Revolution

Since the beginning of modern venture capital investing — a relatively nascent asset class — the industry has been biased toward funding what it knows best: founders with familiar demographics (white, male) in familiar geographies (Silicon Valley). Despite the recognition of bias and calls for change, systemic inequities unfortunately persist. Case in point: only 1% of 2022 VC dollars went to Black founders, a marked decrease year over year.

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Five Predictions for the Future of Learning in the Age of AI 

Andreessen Horowitz

When OpenAI released its chatbot ChatGPT last year, proponents were quick to announce the death of various writing-related fields, such as screenwriting, computer programming, and music composition. One particular field stood out as a sector that would feel the power … The post Five Predictions for the Future of Learning in the Age of AI appeared first on Andreessen Horowitz.

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Better online Alternatives to antler and entrepreneur first to help build your business

Founder Bounty

So your looking to get a business or startup of the ground but dont know where to start. Anter and EF position themselves as pre seed investors. But what if you where looking for an alternative way with real entrepreneurs and mentors to help you get your business of the ground and moving.  There are some online alternatives you could use which could give you some real guidance.

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AI’s hype isn’t going to be simply star-studded 

TechCrunch

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. First off, hello to all the new Startups Weekly subscribers who joined us after last week’s newsletter. I’m glad we all still resonate with a comeback story. Second, here are some basics on what to expect.

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Why there are so few women in tech (and what you can do about it!)

Entrepreneurs' Organization

Contributed to EO by Natalie Kaminski, an EO New York member and co-founder and CEO of JetRockets. In observance of the United Nations’ International Day of Women and Girls in Science on 11 February, we asked Natalie to share her view on women in STEM careers, and specifically in her field of computer science. Here’s what she shared: I immigrated to the US from Israel at the age of 18 with US$500 in my pocket.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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The Compounding Advantage of a Big Chip Stack in a Downturn

Tomasz Tunguz

During this recession, startups will fall into one of four categories which I wrote about in June. But, I missed something in this post : the advantages are compounding, which is the reason the biggest will continue to win share. It’s also the reason changing strategies can be expensive. This is the time in the startup cycle when big balance sheets become strategic advantages.

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5 Proven Tips for Accelerating Your Sales Process In 2023 (and Beyond)

StartupNation

Whether you’re managing an early-stage startup or running a sales department for a larger company, a strong sales… The post 5 Proven Tips for Accelerating Your Sales Process In 2023 (and Beyond) appeared first on StartupNation.

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Investing in Svix

Andreessen Horowitz

Every so often, we meet founders with unusually strong conviction about solving systems problems. They’ve often lived through the pain of bad software, diagnosed the cause of their suffering, and made it their mission to convince the world they have … The post Investing in Svix appeared first on Andreessen Horowitz.

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How to start an online business and where to start in 2023

Founder Bounty

Starting a business from scratch is hard and you must know it. Having been though Techstars and interviewed at YC i know this. There are so many things that have to go right for it to work. The team, the funding (if you have any) the idea, the timing, the advisors, the pilots to get your investment. The point is whatever business your trying to build its good to have coaching advice and mentoring from people in the space your trying to build.

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Co-Creation Hub’s edtech accelerator puts $15M towards African startups

TechCrunch

Africa’s largest innovation hub Co-Creation Hub (CcHUB), is launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya over the next three years, TechCrunch has learned. According to a statement shared by the firm, the accelerator program will support and amplify the impact of edtech startups across Africa, as well as support founders offering tech solutions that will address learning innovation in an educational se

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Be Present

Entrepreneur's Handbook

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) There are many activities we modern humans engage in so that we can be more present. Mental clarity and internal peace takes on extreme importance in a global society addicted to their endlessly pinging, internet-connected devices.

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Magical Metrics with Omni

Tomasz Tunguz

In August, I wrote about why Omni’s technology reinvents BI once more. The Omni founding team hails from Looker & Stitch. They’ve set out to solve the problems customers faced with the previous generation of BI. Today, I can show you what this means in practice because Omni is commercially available. Anyone who has managed a larger BI deployment has faced the challenge of managing hundreds, perhaps thousands of metrics.

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Katy Carrigan: From Head of Sales to CEO of the Rapidly Growing Gift-Giving App, Goody

Jason Malki

I had the pleasure of interviewing Katy Carrigan, CEO. Katy joined Goody as a consultant in April 2021. She quickly moved into a full-time role as Head of Sales and then Chief Revenue Officer. After a successful year of growing the firm’s revenue and customer base, she was asked to step into the CEO role. Goody is a gift-giving app for both businesses and consumers.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Investing in Replicate

Andreessen Horowitz

It’s very rare to see a new building block emerge in computing. If aliens landed on earth and decompiled our software, every app would look roughly the same: some combination of networking, storage, and compute. The way developers consume these … The post Investing in Replicate appeared first on Andreessen Horowitz.

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Why would you start a startup in an economic downturn?

Y Combinator

There will likely be a recession in 2023, and the major downsides to starting a startup are obvious: There is less money in the system so selling and fundraising are harder; investors have less money to invest and companies have less money to spend on products. But these are also reasons it’s an especially good time to start a startup, especially with YC.

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Gable raises the roof (and $12M) for better remote working options

TechCrunch

Remote working options and workplace flexibility can be a bit of a head-scratcher for employees and employers alike, but Gable , which has just raised $12 million in Series A funding following on a $3.25 million round of seed funding, is hoping to make it smoother for everyone. The company provides a one-stop-shop for managing employees’ remote working options.

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AI Enthusiasm is Not a Bubble and Even if it was We Wouldn’t Necessarily Know it Yet

Hunter Walk

It’s Very Likely That Artificial Intelligence Will Be Worth More In Aggregate Than is Currently Being Invested (Just Unevenly Distributed) In kindergarten my daughter learned to not ‘yuck’ someone’s ‘yum.’ That is, just because you don’t like something there’s no reason to share that in the moment with another person enjoying it. There’s a lot of yumming AI right now and it’s of course perfectly fine (often helpful!

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.

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5 Remarkable Startup Lessons From an “Unremarkable” Seller of Gym Mats On Amazon

Entrepreneur's Handbook

You’ll never hear this from billionaire entrepreneurs, but learning from small online sellers can change how you run your business Continue reading on Entrepreneur's Handbook »

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6 Ways Startups Can Determine Their Valuation: A Comprehensive Guide to Understanding Your Worth

Jason Malki

Discounted Cash Flow (DCF) Analysis DCF analysis is a valuation method that takes into account a startup’s expected future cash flows. This method calculates the present value of future cash flows by applying a discount rate that reflects the business’s risk. Angel investors and VCs prefer this method as it is a quantitative approach that relies on future projections.

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Investing in Snapser

Andreessen Horowitz

We are thrilled to announce that a16z Games has led the Series Seed investment in Snapser , a games backend technology company poised to become the de facto platform for games studios. Twenty years ago, game studios had to develop … The post Investing in Snapser appeared first on Andreessen Horowitz.

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Why would you work at a startup in an economic downturn?

Y Combinator

Now is as good a time as any to start a startup – especially if you get into YC. But what about joining a startup in this economy? We’re obviously biased, but we think it’s a great time to join a startup too. Here are three reasons to consider: Impactful job opportunities are available at YC startups. Despite other companies pulling back on hiring in 2022, YC startups added 2.1K jobs on our hiring platform , with 410 added in January 2023 alone.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr