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Three Learnings for Startups after Big Tech’s Q3 Earnings Beatdown

Entrepreneur's Handbook

1-Month Stock Return | S&P 500 Earnings Q3'22 Earnings Scoreboard In the last month, earnings expectations for 2023 have been revised down 2.3% Public market investors are punishing Big Tech for several strategic errors that I believe offer valuable lessons for startups to learn from. The Big Tech stocks are down 11.1%

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Boston offers a world of advantages for startup founders

TechCrunch

5 investors discuss Boston’s resilient tech ecosystem Boston’s university-to-startup pipeline defies downturn to grow and diversify In order to build a startup culture, a city or region needs some key elements in place – like an innovation engine to drive startup ideas. City Spotlight: Boston Register for the free event here!

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Data observability platform Acceldata raises $50M

TechCrunch

By way of example, the likes of Observe , Monte Carlo , Cribl , Manta , and Coralogix all raised substantial amounts of funding last year, while in the five short weeks of 2023 so far we’ve already seen two fledgling observability startups in the form of Metaplane and Chaos Genius announce $8.4 million and $3.3

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I’ve worked with hundreds of unicorns: Here’s what founders and executives need to focus on

TechCrunch

We have helped thousands of companies — ranging from seed-round startups and late-stage unicorns to mature public companies — navigate it by implementing practices that can allow them to survive and thrive. As a business owner and CEO, anticipating and managing through VUCA is a constant focus for me.

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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

This is Part 2 of a two-part examination of the state of the startup capital market during the past two years. 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.

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Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffs

TechCrunch

Meanwhile, the second round of cuts, executed due to a profitability push, impacted 15% of its full-time employees across various departments, leaving about 800 employees at the startup. We couldn’t confirm how many part-time and temporary hires were let go in both layoffs.

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The Station: Restructuring ripples and the next investor darling of the EV era

TechCrunch

The Michigan-based autonomous ride-hail and shuttle startup raised $111 million in a Series C round that it says will help it get to driver-out operations in 2023. Lightship , a new all-electric RV startup steered by Tesla alumni, raised $23 million in a Series A led by Victoria Beasley of Prelude Ventures. Autonomous vehicles.