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Dan Teran shares Gutter Capital’s challenge of closing its first fund

TechCrunch

In 2017, they began investing some of Gettinger’s gambling winnings, and then later Teran’s Managed by Q proceeds, building a portfolio of over 100 angel investments, which included Bowery Farming, Electric.ai and Ribbon Homes. Forerunner is software for NFIMBYs, or no flooding in my backyard Then they went out and raised external funds.

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Truework, which helps lenders verify borrowers’ income and employment, raises $50M

TechCrunch

Founded in 2017, San Francisco-based Truework integrates with payroll providers including Gusto, Zenefits and BambooHR, and enables mortgage providers and lenders (e.g. And the current economic environment, it seems, is playing more than a bit-part in this trend.

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Even well-funded fintech companies are laying off workers

TechCrunch

Schulman added: “Over the past year, we made significant progress in strengthening and reshaping our company to address the challenging macro-economic environment…While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do.

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