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

TechCrunch

Similarly, there’s no reason to be fearful about raising money, but like carefree cruisers at full sail, founders should have healthy respect for a process that’s not under their control. In this TC+ post, she discusses the current economic environment and shares “actionable tips for closing pre-seed to Series B rounds.”.

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Boston offers a world of advantages for startup founders

TechCrunch

It needs a couple of successful exits, which in turn drives angel investing as entrepreneurs growing increasingly wealthy look to help new founders building companies reach their own goals. It requires accelerators and incubators and coworking spaces to help nurture early ideas, and it needs VC firms investing across stages.

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9 strategies that will help you overcome your fear of fundraising

TechCrunch

Masha Bucher is the founder and general partner of Day One Ventures , an early stage venture capital firm that backs customer-focused startups and leads their communications. It’s true that VCs are doing more diligence and being more cautious with their decisions. Masha Bucher. Contributor. Share on Twitter.

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Why Checkout??.com lowered its internal valuation

TechCrunch

Unlike Klarna’s down round , the new valuation wasn’t determined by a VC firm willing to invest in the company. If Big VC Firm is willing to invest $100 million for a 25% stake of a startup, the startup is now worth four times this investment, or $400 million — at least on paper.

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Riot prepares your team against highly sophisticated cyberattacks

TechCrunch

While it is still quite difficult to raise a funding round in the current economic environment, Riot managed to put together an interesting list of investors. Base10 , a San Francisco-based VC firm that previously invested in flagship startup names like Figma , Notion and CircleCI , led today’s funding round.

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

TechCrunch

CEO and co-founder Bharath Krishnamoorthy tells TechCrunch that the new cash, a combination of equity ($26 million) and debt ($100 million), will be put toward scaling the business and providing Denim’s customers with working capital.