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TechCrunch+ roundup: Slashing churn rates, visa side hustles, YC S22 Demo Day faves

TechCrunch

Twitter Space: A Gen Z VC speaks up. According to Andrew Chan, a senior associate at Builders VC, GenZ investors “are still a bunch of kids, myself included.” ” According to Andrew Chan, a senior associate at Builders VC, GenZ investors "are still a bunch of kids, myself included." — Clever Canadian.

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Free Money for Student Tech Founders

David Teten VC

We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. I have been researching this both to support Versatile VC ’s portfolio companies and also as part of research for my new book, To University and Beyond: Launch Your Career in High Gear. 1) Your school.

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VC Ann Miura-Ko is looking to help more students answer the question: Is this idea big enough?

TechCrunch

Were you incubating companies together? Somewhat relatedly, Y Combinator just wrapped up its latest Demo Day. VC Ann Miura-Ko is looking to help more students answer the question: Is this idea big enough? Our chat has been edited for length. How did the whole thing work? As a seed investor, do you follow YC closely?

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What Future for Accelerators?

Both Sides of the Table

Throughout all of these years I was a full-time VC so Launchpad really came out of evenings and weekends for me. Adam had a full time startup and then was doing consulting (he later raised a VC fund). With the success of Idealab in the 90’s every city was building out incubators. Demo’d to death.

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Ascend raises $25 million for pre-seed AI startups in the Pacific Northwest

TechCrunch

Now that seemingly every VC has turned their attention to the category he told TechCrunch he’s glad he’s been in it for so long and therefore will not make some of the mistakes newer entrants will. “It’s so easy to throw together a vertical AI demo,” Winfield told TechCrunch.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

It turns out that while later-stage investors, mostly international VC firms, grabbed headlines by writing immense checks, pre-seed and seed-stage investors were instrumental to the growth of the continent’s tech ecosystem. The most active African investors were involved in 15-20 deals, according to a report on African VC activity in 2022.

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11 angel investing lessons

Venture Hacks

These valuations moved to $4-6M pre-money after 2010, with some demo days in the $8-10M range. Incentives influence the advice you get from VCs, lawyers, incubators, and everybody else. In the old days, you had to work at a VC firm to see dealflow. Funds that invested during this time period made 4x-100x returns.