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Extra Crunch roundup: Build a founding team, choose a VC and recruit your board

TechCrunch

Starting with the assumption that 90% of startups will fail and the most successful ones take an average of six years to IPO, founders must make careful decisions about whom they invite to join the core team. Use discount code ECFriday to save 20% off a one- or two-year subscription. Will that stellar engineer become a great CTO?

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TechCrunch+ Roundup: Reaching $1M ARR, tech job market rundown, women-led VC firms

TechCrunch

Full TechCrunch+ articles are only available to members Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription “Starting a tech company today costs 99% less than it did 18 years ago when Y Combinator was started,” says Brett Calhoun, managing director and general partner at Redbud VC.

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

What is a founder to do? There are some smart if not somewhat cerebral bloggers I read who say that you shouldn’t take any startup advice at all because it’s too generalized to be useful to your situation. Draw from Frameworks. The most helpful type of advice in my mind are frameworks for how to solve a problem.

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten VC

Does the traditional VC financing model make sense for all companies? VC Josh Kopelman makes the analogy of jet fuel vs. motorcycle fuel. VCs sell jet fuel which works well for jets; motorcycles are more common but need a different type of fuel. . Absolutely not. So what is Revenue Based Investing?

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Sylvera takes $32M to build trust in carbon offsetting ratings

TechCrunch

based startup which uses machine learning technology to analyze a variety of visual data like satellite imagery and lidar with the goal of boosting accountability and credibility around carbon offsetting projects, has fast followed a $5.8 “We have a mix of customers spanning corporate buyers, traders and exchanges,” it adds.

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factory14 raises $200M to jump into the Amazon marketplace roll-up race

TechCrunch

The company, which is now fully owned by factory14, has kept the original founders on to lead the smaller company. Dmg Ventures (the VC arm of the Daily Mail Group) and DN Capital co-led the equity-based seed funding, with VentureFriends and unnamed individuals in the tech world also participating. That was a good surprise.

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Sanity, a platform to build and manage content flows on sites, raises $9.3M from Ev Williams, Threshold and more

TechCrunch

The funding, a Series A, is being by Threshold Ventures (the VC formerly known as Draper Fisher Jurvetson, rebranded in 2019 after none of the namesakes remained at the firm), with an interesting cast of others also participating. Heavybit and Alliance Venture, which led its seed round of $2.4 million last year, also participated.

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