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TechCrunch+ roundup: Fighting fundraising fears, XaaS CS strategy, the ‘collapse’ of VC

TechCrunch

“Any change is an opportunity to create leverage, and a downturn is no exception,” writes Masha Bucher, founder and general partner of early-stage VC firm, Day One Ventures. In this TC+ post, she discusses the current economic environment and shares “actionable tips for closing pre-seed to Series B rounds.”. Rigorous Recruiter.

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Cyber firm Arctic Wolf raises $401M in debt, eyeing a potential IPO

TechCrunch

In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf , which last July raised $150 million at triple its previous valuation ($4.3 billion), funding to VC-backed cybersecurity startups isn’t on pace to hit last year’s high (over $23 billion). raised close to $15.9 billion of debt.

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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.

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The Equity Seller’s Bubble of 2021 Part 2 • 2022 From a Startup Equity Seller’s to an Equity Buyer’s Market

Angel Capital Association

2022: The Aftermath In 2022 war, inflation, rising interest rates and a tougher economic environment–one not buoyed by historically low interest rates–brought an end to the long-term bull market in assets (the “everything bubble”), including startup capital. Smaller VC fundraises? VC resets are often short-lived.

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Denim, a fintech platform for freight brokers, raises $126M in equity and debt

TechCrunch

The company handles broker invoicing, collections, and payments and in addition provides access to debt financing. “In our current economic environment, companies can’t afford to ignore back-end risks and slow processes.”

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9 Steps to Start Making Money in Crypto

Entrepreneur's Handbook

internal network) statistics for Bitcoin as well as the macro economic environment. Kevin Rose ( @kevinrose ): partner at VC firm True Ventures , host of the Modern Finance and Proof podcasts. 6529’s thread on property rights & crypto highlight the need for decentralized finance. and loudest?—?voices

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Zennström calls the end of high-valuations era, says founders and VCs must remove stigma of downrounds

TechCrunch

In a keynote address Zennström gave a blunt assessment of the economic environment, while unpacking how he failed several times in his own career during tough economic conditions. The alternative after 6 months could mean “a rescue financing littered with aggressive liquidation preferences and exit clauses.

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