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Elevate Your Startup’s Future with 4 Financial Forecasting Game-Changers

Entrepreneurs' Organization

Investor relations: For startups seeking venture capital, solid financial forecasting provides a realistic picture of critical metrics, such as annual recurring revenue, customer acquisition costs, and customer annual recurring revenue. . and more articles from the EO blog.

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

TechCrunch

. “The rising demand in 2020’s housing market within the mortgage space meant businesses needed more flexible solutions that could scale quickly and help improve verification efficiency,” Sandler wrote in a blog post. And the current economic environment, it seems, is playing more than a bit-part in this trend.

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On Deck tried to do it all. Now, it’s trying to do less, better

TechCrunch

The company has raised tens of millions in venture capital from investors, including Founders Fund, Village Global and Tiger Global. On Deck Scale is for founders of high-growth, venture-scale companies and costs $10,000 per year. On Deck told TechCrunch that Booth was unable to do a phone interview due to a family obligation today.

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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.