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Three Learnings for Startups after Big Tech’s Q3 Earnings Beatdown

Entrepreneur's Handbook

Public market investors are punishing Big Tech for several strategic errors that I believe offer valuable lessons for startups to learn from. Public market investors are punishing Big Tech for several strategic errors that I believe offer valuable lessons for startups to learn from. What do you think?

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Should Founders Still Raise in an Economic Downturn?

Dream It

Runway is a crucial indicator of survival that signifies your company’s future financial ability to sustain operations. If you cannot sustain operations for 18 months, cut your burn rate so you can extend your runway. Investors want to see you’re able to remain lean and adapt to changing economic circumstances.

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

TechCrunch

I would say the past few years have been more of an anomaly, and we are getting back to a more sustainable pace. This impacted the kinds of startups that got funding and the total capital in the market. billion in Europe thus far in 2022, 40% more than a year earlier, reports say). If yes, what is the impact of a more focused sector?

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

Last year, Teampay launched a Mastercard-branded corporate card, Catalyst, with spend management features, signaling the startup’s intentions to venture further into the heated corporate card space. Just in January, European startup Moss , which offers corporate credit cards for small- and medium-sized companies, raised $86 million.

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Gorgias’ valuation rises to $710M with $30M Series C for e-commerce customer support

TechCrunch

Customer support startup Gorgias raises $25M. Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment. The company’s goals early on were to “hire and grow in a sustainable way,” Lapeyre said.

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Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital

TechCrunch

Since then, the company tweaked its credit origination and is now growing at 25% month over month this year “in sustainable growth.” And at a time when other financial players are increasing rates due to the difficult economic environment, Constrafor is able to lower its price to customers and pass on the savings to them, he added.

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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

This program is preparing and connecting Metro Detroit Black-owned businesses to various funding resources to ensure their sustained success. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.