The how and why of raising OT security capital

Last year was huge for the cybersecurity market, fueled by rising incidents of cyberattacks, particularly ransomware that disrupted services and held companies hostage. The numbers are striking: Investments in the space more than doubled from the year before to $29.3 billion, according to a recent

Our favorite startups from YC's Winter 2022 Demo Day, part 2

And that’s day two in the books! technewss once again spent much of the day watching a parade of startups present as part of Y Combinator’s Winter 2022 cohort, Demo Day part two. Yeah, that’s a mouthful. But we did learn quite a lot. You can find all our coverage

How to make a teaser trailer for your startup pitch

Around May 2020, nearly everything moved online, and investment pitches were among the first to do so. The entire milieu around startup funding shifted overnight. For many companies doing their business online, the move to online wasn’t a shock. However, a majority of VC firms only used an of

It’s time to hold investors accountable and abolish pro-rata

VC has changed a lot since I was pounding the pavement on Sand Hill Road as a young entrepreneur in the late ’90s. Capital was hard to come by, and founders had to practically beg VCs to back their company. Our options for funding were limited to a handful of blue-chip firms and networks of s

Dive deep into Snorkel.AI’s pitch technique that raised $135m

Storytelling is an art as old as civilization, but it’s rarely taught anywhere despite the fact that the ability to tell a good story is instrumental to success in many, many fields. Fundraising is one area where good storytelling can be table stakes, but few founders know how to communicate

AngelList Venture has a new look

On Tuesday, AngelList Venture closed its first tranche of institutional funding since spinning out on its own in 2020. The $100 million round was led by Tiger Global and Accomplice, valuing the business at $4.1 billion. It wasn't necessarily expected. The round comes just weeks after the organi

Unpacking the UBS-Wealthfront deal

Banking giant UBS announced earlier today that it will purchase venture-backed robo-advisor Wealthfront in an all-cash transaction worth $1.4 billion. Wealthfront, which raised just north of $200 million while private, per Crunchbase data, is one of a few wealth management services that grew on the

The berserk pace of fintech investing outshines the global VC boom

The global startup fundraising boom has lifted nearly every sector you can name: Edtech took off during the pandemic, software in general got a lift, and even more risky and long-term wagers like space tech and biotech are seemingly doing well in today's risk-on startup fundraising market. But

5 essential factors for attracting angel investment

In more than two decades as an angel investor and early-stage company scout, I've met with hundreds of entrepreneurs seeking funds and sat through an equal number of slide deck pitches. You could say I've seen it all. From my point of view as an angel investor and former entrepreneur, here

Capital is a commodity

Even after the unprecedented year that we had in 2020, the VC markets picked up in 2021 and founders raised 157% more capital in the second quarter of 2021 compared to the previous year. Global VCs have invested $268.7 billion as of July 2021, already passing the total investment amount in 2020. In

5 critical pitch deck slides most founders get wrong

My team and I go through 250 to 300 investor decks every single month. Even though a small group of founders has started exploring Notion memos to replace pitch decks, the reality is that most investors will still expect a good old slide presentation. The following are slides that we constantly se

Crafting a pitch deck that can't be ignored

Thousands of pitch decks and only a handful of winners. Such is the math of the VC industry right now, what with an explosion of startups and dreams of glory launching every year. VCs are overwhelmed with pitches, which means that crafting the perfect deck and connecting with a reader in the few se

Rent the Runway’s IPO pricing indicates bullish market for unicorns of all stripes

It’s early in the Wednesday trading session, meaning that we’re waiting on the first trades of Rent the Runway stock on the public markets. But what we do know is that the company priced at $21 per share, giving it a valuation of $1.33 billion using a simple share count and around $1.47

Stephanie Zhan walks through the Rec Room pitch deck that won Sequoia’s investment

Sequoia is one of the most sought-after VC firms in the world, and predictably, it sees plenty of startups competing for its attention. In a recent episode of technewss Live (formerly Extra Crunch Live), Sequoia partner Stephanie Zhan and Nick Fajt, founder and CEO of social gaming platform Rec Ro