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TechCrunch+ roundup: Fighting fundraising fears, XaaS CS strategy, the ‘collapse’ of VC

TechCrunch

“Any change is an opportunity to create leverage, and a downturn is no exception,” writes Masha Bucher, founder and general partner of early-stage VC firm, Day One Ventures. In this TC+ post, she discusses the current economic environment and shares “actionable tips for closing pre-seed to Series B rounds.”. Rigorous Recruiter.

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The Equity Seller’s Bubble of 2021 Part 2 • 2022 From a Startup Equity Seller’s to an Equity Buyer’s Market

Angel Capital Association

For Part 1 on The Equity Seller’s Bubble of 2021, click here to access the ACA Data Insights Archive. From an investor’s perspective, 2022 witnessed a sudden market reversal from an extreme equity seller’s market to an equity buyer’s market, causing dislocations throughout angel, VC, and startup ecosystems. Smaller VC fundraises?

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Fintech in 2022: A story of falling funding, fewer unicorns and insurtech M&A

TechCrunch

But overall, while total fintech funding globally was down markedly last year compared to 2021, numbers were still higher than 2020. billion in 2022, down 46% compared with 2021, but up 52% compared to 2020. billion in 2022, marking a 35% drop from a record 2021. In fact, the three-month period marked the lowest quarter for U.S.

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Why Checkout??.com lowered its internal valuation

TechCrunch

Unlike Klarna’s down round , the new valuation wasn’t determined by a VC firm willing to invest in the company. If Big VC Firm is willing to invest $100 million for a 25% stake of a startup, the startup is now worth four times this investment, or $400 million — at least on paper.

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Cyber firm Arctic Wolf raises $401M in debt, eyeing a potential IPO

TechCrunch

billion), funding to VC-backed cybersecurity startups isn’t on pace to hit last year’s high (over $23 billion). “In a turbulent economic environment, security will remain a top priority for companies. ” Artic Wolf’s embrace of debt comes as the broader VC market slows down. raised close to $15.9

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Boston offers a world of advantages for startup founders

TechCrunch

It requires accelerators and incubators and coworking spaces to help nurture early ideas, and it needs VC firms investing across stages. Image Credits: Pitchbook Boston had a steady investment growth trajectory until it dropped off (like everyone else) in 2022 as investment overall slowed in an uncertain economic environment.

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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.