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7 investors discuss why edtech startups must go back to basics to survive

TechCrunch

To give TechCrunch+ readers a better understanding of what education investors are looking for today, seven leading venture capitalists in the category answered a series of questions about the sector’s future. Jan Lynn-Matern , founder and partner, Emerge Education. Malvika Bhagwat and Kriti Bansal , Owl Ventures.

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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

This requires the collection and visualization of an incredible breadth of local insight and data, the development of hundreds of local strategies based on that data, and a sophisticated tool and process to deliver on such strategies across tens of thousands of digital pages,” Khoury said.

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The end of a second straight month of layoffs in tech

TechCrunch

Strategy ranges; some companies are laying off specific teams, others are distributing cuts across all departments, and many aren’t responding to comments when asked for further information. Backstage Capital cuts majority of staff after pausing net new investments. Either way, the data is grim. Byju’s cuts hundreds of jobs.