“I’m staring down the barrel of having to do a massive layoff at my company and tear down tons of work and decisions we’ve made. This feels awful. Is there any way to look at this situation as a positive, and if so, what should I be optimizing for (other than hair loss)?”
The idea is essentially to raise the capital in tranches using multiple valuation caps, to minimize founder dilution, and to reward the earliest investors who aren’t just willing to commit but are willing to wire the capital too.
The notable startup fundings for the week ending 1/9/21 featuring funding details for Pax8, Kyte, Dremio, and eighteen other rounds that you must know about.
I know many will laugh at me. And maybe they’re right. But I’m not writing this to convince the naysayers. This is for the growing community of people (including Michael Saylor, Paul Tudor Jones, Stanley Druckenmiller, Bill Miller….) who have seen the crypto light. And I’ve been laughed at before for making seemingly outlandish predictions and been proven right.
Chris Cunningham of C2 Ventures offers some predictions for what 2021 will bring to tech, covering AR, privacy, insurtech, and much, much more…
As to be expected, this was a slow, holiday-shortened week with some funding deals. The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 12/26/20 featuring funding details for 23andme, Biteable, and two other rounds that you must know about.
There has been an accelerated movement towards digital transformation across nearly every industry as a result of the pandemic and logistics is no different. Tive is a full-stack supply-chain solution that allows customers to track not only the location of a shipment but also its condition. This visibility allows shippers to maintain efficient supply chains and the company’s software and hardware solutions integrate seamlessly with existing infrastructure. The company’s revenue has grown 570% in 2020 alone, servicing companies in the food, electronics, consumer goods, automotive, and pharmaceutical industries. Boston TechWatch caught up with Founder and CEO Krenar Komoni to learn more about how Tive was conceived in a Worcester basement, the company’s impressive traction, latest round of funding from investors that include RRE Ventures, Two Sigma Ventures, Hyperplane Ventures, One Way Ventures, Fathom Ventures, and Sage Hill Capital.