article thumbnail

The Uber that Never Was

This is going to be BIG.

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. There’s no reason why a culture needs to fall apart at the seams in a hypergrowth startup. Not only that, we have other portfolio companies to worry about.

culture 343
article thumbnail

Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

In my experience, many founders have a hard time delegating, which can quickly create cultural and operational problems. Some readers say they use our surveys to study up on an individual VC before pitching them, so let us know which format you prefer. Does a $27 billion or $29 billion valuation make sense for Databricks?

VC 107
Insiders

Sign Up for our Newsletter

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

article thumbnail

Opportunity Amid Volatility

Haystack

There are many reasons for that, such as private equity and crossover investors investing earlier, or the fact that LPs in VC funds are affected by public market swings and could, theoretically, hit some VC firms to feel the pinch. Much of this can trickle down into the startup ecosystem. Money has been coming into the U.S.

article thumbnail

Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

China’s e-commerce and industrial ecosystem is as different from the Western world as its culture. Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”.

article thumbnail

Online grocery company Misfits Market to acquire Imperfect Foods

TechCrunch

Indeed, both companies have similar financial and cultural synergies, Ramesh said, including a focus on eliminating food waste. When we are profitable, we will be able to take on all of these massive incumbents.”. Startups are on track to acquire more VC-backed companies than ever in 2022. In the U.S. Here’s why.

article thumbnail

Cultivating a Practice of Diversity, Equity, and Inclusion in Ecosystem Building Programs

Ecosystem Builder Hub

Cultivating a culture and practice of diversity, equity, and inclusion (DEI) has become a core principle for entrepreneurial ecosystem builders. It is incumbent upon those of us working to build vibrant entrepreneurial ecosystems to put inclusion front and center, at the heart of everything we do. It’s not an afterthought.

article thumbnail

Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs

TechCrunch

Goodwater Capital, Kairos Angels and Bridge Partners also participated in the Series A round in addition to angels such as Joe Schmidt IV , vice president of business development at insurtech Ethos and former investor at Accel and Kyle Nakatsuji , founder and CEO of auto insurance startup Clearcover (and also a former VC).

health 98