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Heyday raises $555M to buy up and scale more D2C brands in the Amazon marketplace universe

TechCrunch

San Francisco-based Heyday — which buys up and then grows direct-to-consumer merchants and brands that have found initial traction, leveraging the Amazon marketplace — has raised $555 million, a Series C that it will be using to continue expanding its technology, investing in business development, and to buy up more assets.

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How capital-as-a-service can help you get your first check in 2021

TechCrunch

“A lot of founders mix up raising money with making money.” Flexing its “20-minute term sheet” the startup uses an algorithm to shift through a startup’s data, and if it has positive ad spend and positive unit economics, they make an investment worth anything from $10,000 to over $10 million. Mobility-as-a-service.

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Penpot inks $8M as signups for its open source spin on Figma jump 5600% after Adobe’s $20B acquisition move

TechCrunch

Now, a Spanish startup called Penpot — which is taking a new approach to design collaboration through an open source platform that brings designers and developers into the mix simultaneously — says that it’s been seeing a huge amount of adoption since the Figma deal. Ruiz-Múzquiz refers to this as “the handoff mindset.”

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How to Manage a Board

Y Combinator

When people refer to setting up a board, what they usually mean is the process of adding outside directors, after the company raises money. One thing you can do is check references with founders that those investors have worked with – just as with recruiting any talent. option grants). Managing Your Board. Meeting Schedule.

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8 Czech VCs on green shoots, pandemic impacts and 2021 opportunities

TechCrunch

Use discount code CZECHIA to save 25% off a 1-year Extra Crunch membership. How has COVID-19 impacted your investment strategy? This can be professional, personal or a mix of the two. How has COVID-19 impacted your investment strategy? How has COVID-19 impacted your investment strategy? Vaccination.

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Micromax, smartphone sales stalled, eyes a steer into electric vehicles

TechCrunch

But a mix of stronger (and cheaper) competition, coupled with the rapid pace of technology development and the ongoing market slowdown , have left it spinning. But the deal never closed reportedly due to disagreements between Micromax and Alibaba over future strategy for the business. billion from Alibaba. of its phones in India.

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Mistaking performance for competence

TechCrunch

I’d be lying if I told you that every week was an embarrassment of riches here at Actuator HQ (a one-bedroom in a Queens office managed by a mischievous lionhead rabbit mix), but I’ve thus far been happy with the flow of news. Murielle Thinard McLane, Intuitive Ventures: Robotics capitalization strategies will shift.