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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

The NVCA (National Venture Capital Association) Guidelines are below. So to be clear, if a company owns 8% of your company but has negative blocking rights as outlined above in the NVCA guidelines, you are ineligible for the program unless you modify your legal governing documents. This is another misconception.

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Dreamit Startups on the Front Lines of COVID-19

Dream It

Health Tensor reduces burnout through automated COVID-19 documentation. The burden of documentation falls on front line caregivers, consuming more than 50% of their day. Health Tensor’s AI copilot automates COVID-19 documentation as more patients enter hospitals and put a strain on systems. Contact Founder. Contact Founder.

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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

From Onayemi’s point of view, the growth of Africa’s digital economy revolves around gains in six segments: education, payments, logistics, transport, identity, and trade. We know the rules, so you don’t have to spend time talking to lawyers and getting documents — we simplify all that.”

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The Station: Waymo sues to protect trade secrets, Wisk lands more Boeing capital and a chat with Toyota’s chief scientist

TechCrunch

The Station is a weekly newsletter dedicated to all things transportation. The fourth round of the Transit Tech Lab has launched and is looking for technologists to submit ideas on ways to restore customer confidence in public transportation, improve resilience to weather extremes, and further reduce the region’s carbon footprint.

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Multiplayer fintech, and the muddled world of startup data

TechCrunch

But as ventures as an asset class grows and the documentation around raises gets thornier, the data can sometimes be missing a big chunk of what’s actually happening on the scenes. This week on Equity , we couldn’t resist nerding out about it: SoftBank and the late-stage venture capital J Curve. Data on startups is dreadful.

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Watershed Health Secures $13.6M in Funding to Fuel Adoption by the Industry’s Largest Health Plans and Meet Provider Demand for Real-Time, Seamless Patient Care Coordination

American Entrepreneurship

million funding round led by an investment from First Trust Capital Partners with participation from FCA Venture Partners, Create Health Ventures, Impact Engine, 450 Ventures, LDH Ventures II/Launchpad Digital Health, MassMutual Ventures, Capstar Partners and Wanxiang Healthcare Investments.

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Japan to Update Startup Visa Policy, Supports Foreign Talent

AsiaTechDaily

Under the proposed changes, venture capital firms and government-recognized startup accelerators will play a key role in assessing applicants’ business plans and issuing preliminary documents.

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