Fri.May 05, 2023

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The Twenty Year Itch: My Last VC Investment Out of Brooklyn Bridge Ventures

This is going to be BIG.

Sometime in the next few weeks, I’ll complete my next investment. It will be the 105th deal out of Brooklyn Bridge Ventures, the firm I started back in September 2012, and it will be the last deal I’ll be making out of my third fund. It will also be my last venture capital deal. I think it’s important in this era of building audiences and living in public to acknowledge that no one actually needs to explain the reasons why they’re making career moves or leaving a company.

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The Unsurpassed Value of Surrounding Yourself with Like-minded Entrepreneurs

Entrepreneurs' Organization

It’s Small Business Week in the US, April 30 – May 6, a time to celebrate entrepreneurs and startups for their big ideas and their unrelenting drive to bring them into reality. It’s also an ideal opportunity for entrepreneurs to share experience, inspiration, and the challenges you’ve overcome to make your business a success. We asked EO members what lessons learned or best practices they would share with other small business owners.

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Climate Table Stakes

Revolution

A salon dinner on planet, policy, and private sector momentum By Revolution Growth Partners, Kristin Gunther and Todd Klein Over the past decade, Revolution has backed a number of sustainability-focused companies, including those working to enable the circular economy, support the adoption of electric vehicles, create planet-friendly culinary experiences, and facilitate the adoption of clean energy.

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Bloomfilter Raises $7 Million Seed Round

HPA

HPA is excited to announce our participation in Bloomfilter’s $7 Million seed round , which was led by Magarac Venture Partners. The funding included $5.5M of equity financing and $1.5 of venture debt. Bloomfilter is a process intelligence platform for software development , designed to measure and improve the software development lifecycle. The platform helps organizations develop a shared understanding of what the product team is building, when it will be delivered, and how much it costs.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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A comprehensive list of 2023 tech layoffs

TechCrunch

Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google , Amazon , Microsoft , Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The reasoning behind these workforce reductions follows a common script , citing the macroeconomic environment and a need to find discipline on a tumultuo

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Daily Crunch: New AI model DeepFloyd IF offers ‘advanced text-to-image generation techniques’

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Fri-Yay! If you’ve got some time on your hands today, get your Disrupt tickets — early-bird savings end in 7 days ! Also, it seems a little daft to pick a fight against plant-based milks, but this advertisement by newly minted CEO Aubrey Plaza (yes, that Aubrey Plaza) at Wood Milk is delightfully bizarre and confusing.

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[CropX in High Plains Journal] Reinke increases investment in CropX to boost growers’ agronomic efficiency?

OurCrowd

Reinke Manufacturing Co., Inc., Deshler, Nebraska, has announced its partnership participation in a $30 million Series C financing round for CropX Technologies. The investment will be used to continue developing the innovative capabilities of the CropX agronomic farm management system. Read more here. The post [CropX in High Plains Journal] Reinke increases investment in CropX to boost growers’ agronomic efficiency appeared first on OurCrowd Blog.

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TechCrunch Disrupt early-bird savings end in 7 days

TechCrunch

Most early-stage startup founders, investors, technologists and all-around aficionados recognize and appreciate a great deal. We’re flagging this one, folks, because you have just one week left to take advantage of early-bird pricing on all passes to TechCrunch Disrupt 2023 , taking place on September 19–21 in San Francisco. Disrupt is the startup world’s big tent, and it draws more than 10,000 people from around the globe.

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GCUC Podcast Recap: Brian Chen

GCUC

GCUC Podcast Recap: Brian Chen Brian Chen, CEO and cofounder at ROOM, talks all things hybrid work, modular design, sustainability, interest rates, and SVB. He dives into the possible.

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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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Down rounds are a ‘ticket to try again,’ says founder who raised 3 in a row

TechCrunch

For the past year, everyone’s been predicting that the muted exit environment and bone-dry funding market would bring a reckoning for many late-stage companies. We’ve been seeing layoffs and cost-cutting measures across the board as companies look to shore up their balance sheets. And now, an increasing number of companies are raising money at lower valuations than their last investment.

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How to build in web3: New talks from Crypto Startup School ’23

Andreessen Horowitz

… The post How to build in web3: New talks from Crypto Startup School ’23 appeared first on Andreessen Horowitz.

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TechCrunch+ roundup: AI ethics investor survey, B2B SaaS KPIs, don’t frown on down rounds

TechCrunch

Investors have raised expectations around SaaS profitability and growth since the downturn began. As a result, it’s even more important for founders to have a firm handle on the key metrics VCs are likely to consider before saying “yes” or “no.” In his latest TC+ article, Paris Heymann (partner, Index Ventures), shares formulas for calculating Gross Dollar Retention and Net Dollar Retention, two KPIs that provide deep insights into the health of your business.

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The Secret Sauce of Startup Success

Entrepreneur's Handbook

With a well-crafted and tested value proposition, everything can become much more manageable Continue reading on Entrepreneur's Handbook »

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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RapidAPI headcount down 82% from fresh layoffs less than two weeks after cutting 50% of staff

TechCrunch

Rapid (previously known as RapidAPI), a startup that built out an API marketplace valued at $1 billion last year, has laid off another 70 employees less than two weeks after letting go of 50% of its staff , TechCrunch has learned. An affected employee who wished to remain anonymous told TechCrunch that just 42 people remain at the company — down from 230 in April — reflecting an 82% drop in headcount.

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15 Ways to Grow Your Small Business With Omnichannel Marketing

Terkel Small Business

15 Ways to Grow Your Small Business Through Omnichannel Marketing To help small businesses thrive in today’s competitive market, we asked 15 marketing experts and business leaders for their top strategies for using omnichannel marketing. From maintaining consistency across channels to conducting preliminary research, discover the most effective ways to grow your business as shared […] The post 15 Ways to Grow Your Small Business With Omnichannel Marketing appeared first on Featured.

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Aaron Burr’s tech angle, blue skies and no photos at this time

TechCrunch

Hello, and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Mary Ann , Natasha and Alex got right into it — may the for……ce of tech news continue to be with us because wow we’ve never been busier! Here’s what we got into: An update on a startup banking partner collapse that wasn’t the First, and probably won’t be the Last.

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[HoneyBook in wsfltv] Get your biz growing this national small business week with Honeybook?

OurCrowd

Honeybook Chief Evangelist, Natalie Franke, joined Inside South Florida to drop some knowledge for growing your small business. Read more here. The post [HoneyBook in wsfltv] Get your biz growing this national small business week with Honeybook appeared first on OurCrowd Blog.

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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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OpenAI’s ChatGPT is shaking up the edtech markets

TechCrunch

Shares of edtech company Chegg fell off a cliff this week after the company reported Q1 results that bested analyst expectations. But Q1’s results aren’t what made the company lose nearly half of its value. In its earnings call the company’s executives noted that ChatGPT was slowing its ability to add new subscribers, not only potentially slowing its growth but also throwing uncertainty into its ability to predict its future financial results.

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[AEYE Health in BusinessWire] AEye Announces Appointment of Conor Tierney as Chief Financial Officer

OurCrowd

DUBLIN, Calif.–(BUSINESS WIRE)–AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that Conor Tierney has been appointed Chief Financial Officer and Treasurer. Tierney joined AEye as Chief Accounting Officer in January 2022 and most recently served as the company’s Interim Chief Financial Officer.

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Hear how MinIO built a unicorn in object storage on top of Kubernetes and open source

TechCrunch

Everything needs a home, and Garima Kapoor co-founded MinIO to build an enterprise-grade, open source object storage solution. The pitch sounds amazing: simple, high performance, and a native Kubernetes integration. I’m excited to announce I’m interviewing Kapoor and MinIO investor Mark Rostick of Intel Capital on MinIO’s growth and how the company manages serious competition.

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Freight Tech Startup GoodShip Raises $5M Seed Round Co-Led by Ironspring Ventures and Chicago Ventures to Bring Enriched Analytics and Actionability to Transportation Procurement

American Entrepreneurship

After emerging from stealth and announcing a FreightWaves SONAR partnership , GoodShip, founded by industry experts from Coyote, Convoy, and Stord, adds $5M in a seed funding round to expand their shipper platform. NASHVILLE— GoodShip , a collaborative cloud-based analytics and transportation procurement platform for shippers, announced a $5M seed round today.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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After bootstrapping for five years, Instruqt raises a €15M Series A from Blossom Capital

TechCrunch

Netherlands-based Instruqt has a product allowing companies to more easily test how a new software would run inside their organization. After bootstrapping its way to growth, it has now raised €15 million in a Series A round led entirely by Blossom Capital. It’s much easier to sell a software product into a company if they can see how it will run inside the organization in a live manner.

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