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Five common misconceptions about building a startup in New York City

This is going to be BIG.

It’s really difficult for me not to get into the thick of discussions about whether or not you can and/or should build a company in New York City. What gets frustrating is that I tend to hear the same arguments over and over again from new entrepreneurs, and many of them are just completely unfunded.

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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

This morning, investor and SPAC raconteur Chamath Palihapitiya announced two new blank-check deals involving Latch and Sunlight Financial. New York-based Latch sells “LatchOS,” a hardware and software system that works in buildings where access and amenities matter. Let’s find out.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. They started Marco in 2019 and now have offices in New York, Dallas and across Latin America.

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Valon closes on $50M a16z-led Series A to grow mobile-first mortgage servicing platform

TechCrunch

Andreessen Horowitz (a16z) led the round for the New York-based company formerly known as Peach Street. Valon operates in 49 states, and expects to add New York this year. . The pandemic highlighted the stress in the market and greatly accelerated the need for a new-age mortgage servicer,” Wang said.

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Maximizing My EO Membership

Entrepreneurs' Organization

By Josh Sweeney, an EO Atlanta member and CEO of Atcore Systems, LLC. Since I started this effort, I have visited chapters in Charlotte, Raleigh, New York, Los Angeles, Birmingham and Chicago, all of which offered memorable experiences and a chance to better understand my EO peers.

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Tata Communications acquires The Switch Enterprises to gain strong foothold in US media, entertainment market

AsiaTechDaily

to acquire The Switch Enterprises LLC. New York-based The Switch is a leading global end-to-end live video production and transmission services provider with reach to top tier sporting venues in North America. Both are expected to help the industry evolve to the next level of at-venue and at-home fan engagement.

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Landa can make you a landlord for just $5

TechCrunch

NFX, 83North and Viola co-led the Series A, which closed in the first quarter of this year, for the New York company. Those users have invested in about 400 properties in 7 cities – including Atlanta, New York City, Charlotte, N.C., Landa presently has 46 employees and its headquarters in New York. .