Founder and NFX VC James Currier vets startup ideas at TC Early Stage
You have a great idea for a startup, and you're working hard to build, launch and scale. But, and stay with us here, is your idea truly good? According to James Currier — founding partner of NFX, a VC firm by and for entrepreneurs — good ideas have patterns, and 90% of the ideas he sees at
Remote work revolution helps Deel reach $295M in ARR
Fintech-turned-HR outfit Deel reached $295 million in annual recurring revenue (ARR) by the end of 2022, the company's co-founder and CEO Alex Bouaziz shared today.
That's up 417.5% from $57 million in ARR achieved at the end of 2021.
The massive jump in ARR is impressive by
HubSpot co-founder Shah backs Peerlist for a new take on professional networking
With more than 875 million users across more than 200 countries, LinkedIn is a household name in the world of professional networking. But as the platform grew, it shifted some focus to becoming another source of consuming and producing content. Now a young startup wants to disrupt that.
Peerlist
Microsoft invests billions more dollars in OpenAI, extends partnership
Microsoft today said that it’s extending its partnership with OpenAI, the startup behind art- and text-generating AI systems like ChatGPT, DALL-E 2 and GPT-3, with a “multi-year, multi-billion-dollar” investment. OpenAI says that the infusion of new capital — the exact amoun
Failures are valuable IP: Protect your startup's negative trade secrets
Tech companies and startups are familiar with protecting their inventions with patents, and their secret formulas, source code and algorithms as trade secrets.
But they may not be aware of another powerful form of IP protection in California: “Negative trade secrets” are intended to protect a c
Payments remain the darling of the fintech space
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the p
Tech forgot its umbrella
Welcome to Startups Weekly, a nuanced take on this week's startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
It kind of feels like tech forgot its umbrella. Like, it remembered to pack its water bottle, wear the right sh
Daily Crunch: Alphabet CEO lays off 12,000 people, says company ‘hired for a different economic reality'
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Happy Friday! Join us in wishing Lorenzo a very warm welcome to the team! He's joining our crack team of cybersecurity reporters, working alongside Zack and C
Debunking the myths of why venture investors don’t fund diverse startups
People can never land on a word to explain what is happening to women and minorities within venture. Are such founders overlooked or undersought? Underestimated and underrepresented? Marginalized? Discriminated against? Or just ignored?
The excuses used to justify these sobriquets are equally scatt
Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B
Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software used by defense forces and businesses to investigate cybersecurity threats.
Magnet Forensics will be p
With a focus on patients with chronic illness, Nourish hopes to help Americans eat better
Many of us would feel better if we ate better. But for patients with chronic diseases, the issue is more pressing: Fixing their diet is often key to keeping their condition under control.
According to the CDC, six in 10 adults in the U.S. have a chronic disease such as diabetes or heart conditions.
GoodOnes raises to help make sense of your mess of a camera roll
You know what it’s like — you’ve been on vacation and you’ve taken 28 million photos, and you just want to select the best 12 so you can make a calendar. Ain’t nobody got time for that — and that’s what GoodOnes is here to help you with. The app is in early
A new kind of PE fund plans to roll up German startups into potential unicorns and bigger exits
European startups have always suffered from the perennial startup problem: how to exit? However, in Europe the problem has always been particularly acute. How many large European industrial or corporate giants acquire or acqu-hire? Not that many, and not nearly enough.
It's part of the reason s
4 questions to ask when evaluating AI prototypes for bias
It's true there has been progress around data protection in the U.S. thanks to the passing of several laws, such as the California Consumer Privacy Act (CCPA), and nonbinding documents, such as the Blueprint for an AI Bill of Rights. Yet, there currently aren't any standard regulations that