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Overheard at a VC/startup convention lately: Product market match is sort of a product going round from weirdly formed buyer group to weirdly formed buyer group, like that previous child’s ebook “Are you my mommy?” Startups generally is a little bit like that; typically the customers can shock you, and the product must ask just a few completely different potential buyer teams whether or not it’s a good match.
Oh, and Dominic-Madori needs to listen to Black founders’ stories of VC fundraising — In case you are a Black founder with battle tales (or if you understand somebody who does), become involved! — Christine and Haje
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Startups and VC
Bilt Rewards, which works with among the nation’s largest multifamily house owners and operators to create loyalty packages and a co-branded bank card for property renters, entered unicorn status after securing $150 million in a progress spherical at a $1.5 billion valuation led by Left Lane Capital, Christine experiences.
Emergency response companies have had an enormous enhance of information due to advances in linked know-how, with watches that may detect when their wearers are falling down and are experiencing trauma, vehicles that may pinpoint the place their drivers are positioned and residential methods that may transmit essential information about fires while you can not. These are only a few of the improvements we’ve seen lately, and at this time, a startup known as RapidSOS is announcing some funding because it continues to attach the dots for emergency first responders, Ingrid experiences.
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8 inquiries to reply earlier than your startup faces technical due diligence
Outsiders research a number of aspects of a startup to find out its worth and high quality, and codebase well being is certainly one of them.
A pitch deck is simply a part of the story, writes Matt Van Itallie, founder and CEO of codebase analytics firm Sema.
After technical due diligence (TDD) begins, no quantity of storytelling can cowl the secrets and techniques buried in GitHub and Jira.
To assist corporations put together for TDD, Van Itallie has written a primer with eight questions founding groups should have the ability to reply confidently. Tomorrow, we’ll run his detailed TDD guidelines.
Three extra from the TC+ crew:
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Huge Tech Inc.
Within the midst of attempting out the brand new Google Pixel 7 Pro’s camera, Haje discovered “a extremely dumb, completely avoidable flaw” that detracts from what’s in any other case “the most effective digicam telephone on the market,”and he’s telling the world. Talking of product evaluations, Brian has a closer look at macOS Ventura.
Additionally, it’s most likely not sensible to have your legislation agency on the opposing aspect of the identical difficulty. Natasha M introduced this to Launch Home’s consideration when information of a harassment investigation surfaced and now experiences that the venture-backed founder’s membership split with its law firm.
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