3 views: How due diligence will change in 2022

A few years ago, VCs were expected to perform extensive due diligence on startups. Investors dove into financials, called customers and vetted founders. But power has now shifted toward the founders after a long run of investors holding more than half the power thanks to the commoditization of capi

Dear Sophie: Will the H-1B lottery be based on the highest wages?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

TuSimple completes its first driverless autonomous truck run on public roads

Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company. TuSimple’s Autonomous Driving System (ADS) navigated 100% of the 80-mile run along surface streets and highways between a railyard i

Southeast Asian startups to watch in 2022

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” This was the year that global investors not only started to pay close attention to the region's tech ecosystems, but also began putting real money into them. Backed by

How to be one of the ‘haves’ of SaaS

The flow of capital in SaaS is becoming increasingly bifurcated. There are the “haves” (public companies with revenue growth of over 30%) and the “have nots” (everyone else) of B2B software. The chart below demonstrates just how drastically the “haves” separated

Indian neobank Jupiter raises $86 million to launch lending and wealth management services

Industry veteran Jitendra Gupta's consumer-focused neobank Jupiter has raised about $86 million in a new financing round as the Bangalore-based startup gears up to offer its customers lending and wealth management services. Tiger Global, QED and Sequoia Capital India co-led the two-year-old st

Foreign investors, mature startups redraw New Zealand’s VC funding landscape

Over the last two years, New Zealand's startup scene has seen record venture and early-stage investment. Despite the pandemic, 2020 saw $158 million invested into 108 deals, representing the third year in a row of over $100 million in investment in startups. According to a PwC report, 2020 was

Tech companies: Stop conflating privilege with potential

The number of low-income students attending college is increasing: According to a 2016 report from the Pew Research Center, the total share of undergraduate college students who come from low-income families increased from 12% in 1996 to 20% in 2016. However, only 11% of students in the bottom inco

Purple Dot, a waitlist and preorder platform for the fashion industry, raises $4M

Because of the unpredictable nature of the fashion industry, fashion brands often have to “guestimate” demand for their products, and if they get that demand wrong, they have to deal with the wasted inventory. All too often clothes end up being incinerated unnecessarily, adding to their

10 growth marketing experts share their 2022 predictions and New Year’s resolutions

This is a quiet period for marketing: End-of-year campaigns are already underway, teams are on holiday vacations and there’s little to do until after the new year. Setting aside the holiday spirit, this has been a difficult year for growth professionals. Most are still adapting to pandemic-dr

2 exercises that will bring your brand persona to life

It's not enough to identify your ethos, target customer profile and position your brand. You must also consider how your brand comes to life. Is it loud, energetic and the life of the party? Is it steady, dependable and trustworthy? Like people, every brand shows up in the world in a unique way

Automation Anywhere expands into process discovery with FortressIQ acquisition

Automation Anywhere, which is best known for its robotic process automation (RPA) software, plans to expand the platform. This morning, the company announced that it intends to acquire process discovery startup FortressIQ. The companies did not reveal the purchase price. FortressIQ gives Automation

Skio raises $3.7M to help brands on Shopify sell subscriptions

Skio, a startup that aims to take the pain out of selling subscriptions for brands on Shopify, has raised $3.7 million in a seed funding round. Kennan Davison, an engineer who previously worked at Hulu and Pinterest, founded the startup in April. He describes Skio as a fintech and a

With $36 million Series C, Brazil’s Ambar hopes to make civil construction more efficient

Brazilian construction tech startup Ambar announced it has raised a large Series C round: R$204 million, approximately $36 million at today’s midmarket rate. The round was co-led by Brazil-based Echo Capital and Oria Capital, with participation from TPG Capital, Argonautic Ventures and other