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

TechCrunch

Co-founder and CEO Afif Khoury says that the new capital — a combination of debt and equity of which Khoury wouldn’t provide a very detailed breakdown — will be put toward mergers and acquisitions, customer success and international expansion. ” Khoury has a colorful background.

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Should Founders Still Raise in an Economic Downturn?

Dream It

Jason sat down with Steve Barsh , Managing Partner of Dreamit, to give founders relevant downturn strategies. Jason answers critical questions for founders, including: How can your company ensure survival? Investors want to see you’re able to remain lean and adapt to changing economic circumstances. Resiliency.

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

TechCrunch

Jan Lynn-Matern , founder and partner, Emerge Education. How has this affected your edtech portfolio’s ability to grow, and how are you changing strategy? Has edtech seen a slowing of the “tourism” from generalist founders and investors? Here’s who we surveyed: Ashley Bittner and Kate Ballinger , Firework Ventures.

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Mayfield’s Arvind Gupta discusses startup fundraising during a downturn

TechCrunch

Between his roles as co-leader of Mayfield Fund’s engineering biology practice and founder at IndieBio, Arvind Gupta reviewed approximately 470 startup pitches last year. “In 10 days, I can do the primary research and work with the founders to come to a conclusion there. For a larger Series A check.

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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. The end of a second straight month of nearly daily layoffs shows how every startup sector, from mobility to fintech, is impacted by the downturn.

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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. Gone is the equity seller’s market of 2021. Stronger Survivors.

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The Station: Restructuring ripples and the next investor darling of the EV era

TechCrunch

The terms weren’t disclosed but we do know that all Roadbotics employees and its CEO and co-founder Ben Schmidt are headed over to Michelin. Nuro is closing its Phoenix facility as it shifts its commercial strategy away from the desert metropolis and toward the San Francisco Bay Area and Houston. Arrival , the U.K.-based