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We’re now at Friday, folks. If you’re anything like mine, that means taking a well-deserved break and getting back to work. tweetThen there’s the trumpetOr MailYour favorite way to close the week.
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Startup and VC
This week, more layoffs IngridPrimer, a UK-based startup for e-commerce infrastructure, announced that it will do this according to Reports on Primer Lay off a third of its employeesSome restructuring is being done to manage the current and future commercial market conditions.
while, PilgrimThink about what you need to Perfect summary slideI have some suggestions for your presentation platform (TechCrunch+ subscription necessary).
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How do you answer a venture capitalist asking about your startup’s value?
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When a venture capitalist inevitably asks you about your valuation expectations, it’s a trick question: If your answer is too high, it’s a red flag, while a low number devalues the company.
Evan Fisher, founder and CEO of Unicorn Capital.
Fisher stated, “If that’s all your saying, then you’re on to the hook because it could also mean ‘we don’t have evidence’, or ‘we’ll take what you’ve been given’.”
Instead of being reckless, he recommends that founders pre-show investors their next round of capital and use the lessons from those conversations to determine current valuations.
Fisher provides examples of questions that you should ask any VC you meet. He also shares some tips to help you with the valuation question.
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BigTech Inc.
We are here to share our excitement at this cryptocurrency news post The bloc has received some important – and undisclosed – loans.Sam Bankman-Fried, former CEO of FTX, Alameda Research. Therefore, CEO Michael McCaffrey left and Bobby Moran took over as chief revenue officer. JacquelineThen there’s the AlexWriting would take time to resolve the conflict of interest, if it is possible.
We wait for the FTC’s transmission. News of Microsoft’s fate with ActivisionThen there’s the KyleHe writes that cloud services giant Cloud Services has acquired another company, this one Lumenisity, which is a startup Development of high-speed cables for data transmission.
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