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05/07/2023

Why would you start a startup in an economic downturn?

There will likely be a recession in 2023, and the major downsides to starting a startup are obvious: There is less money in the system so selling and fundraising are harder; investors have less money to invest and companies have less money to spend on products. But these are also reasons it’s an especially good time to start a startup.

Read more at: https://www.ycombinator.com/blog/why-would-you-start-a-startup-in-an-economic-downturn

Tax Reg: 650-899-989

In an economic downturn, there are obvious downsides of starting a startup — but there are also powerful upsides; because to survive, you have to *actually* build something people want.

04/07/2023

Startup incubator 2070 Health raises $30 million in funding!

2070 Health, a healthcare venture incubator, has raised $30 million from venture capital firm W Health Ventures to create a platform that will build healthcare companies in India. The funds will also be used to seed the newly-launched companies.

Read more at:
https://economictimes.indiatimes.com/tech/funding/startup-incubator-2070-health-raises-30-million-in-funding/articleshow/100803002.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Tax Reg: 650-899-989

2070 Health, which has created three companies so far, helps founders test, launch, and iterate on ideas. It plans to launch 15 to 20 healthcare companies over the next five years.

01/07/2023

These Are The Sectors Where Hot Seed-Stage Startups Are Clustering In 2023!

The clustering effect is evident in the crop of seed-funded startups from this year. A significant portion of investments were made in a small number of categories.

For more information click the link: https://news.crunchbase.com/venture/seed-stage-funding-trends-2023/

Tax Reg: 650-899-989

Using Crunchbase data, we scoured through hundreds of the largest seed and pre-seed rounds in 2023 to identify trends.

29/06/2023

Five Predictions For Fintech In 2023!

Investments made in fintech startups went in overdrive during the COVID-19 pandemic, due to the exponentially accelerated digital adoption- indeed, what should have taken years to change consumer habits only took months in this period. At the end of 2021, fintech companies raised more than US$130 billion, and more than 100 new unicorns were born. At the end of Q3 2022, fintech investment went down by 60% year-on-year, and this downtrend is set to continue into 2023. That said, there will still be winners coming out of this "correction."

For more information click the link: https://www.entrepreneur.com/en-ae/finance/five-predictions-for-fintech-in-2023/442120

Tax Reg: 650-899-989

The expected market contraction will be an opportunity for many fintech companies to focus on their product and service offerings.

27/06/2023

Corporates Are Getting Aggressive In AI Deals — Who Could Be Next?

Salesforce’s venture arm announced it will double the size of its Generative AI Fund to $500 million just three months after establishing it. That was followed by AI startup Synthesia raising a $90 million Series C at a $1 billion valuation that included an investment from NVentures — Nvidia’s venture capital arm.

For more information click the link: https://news.crunchbase.com/ai-robotics/tech-giants-venture-funding-startups/

Tax Reg: 650-899-989

Big Tech's love affair with AI isn't totally new. We look at some tech giants and their VC arms not covered last month and what they’ve done.

27/06/2023

نتمنى لكم أوقات يغمرها الونس والسرور في عيد الأضحى المبارك 🐑
كل عام أنتم بخير 😌

26/06/2023

These Are The Sectors Where Hot Seed-Stage Startups Are Clustering In 2023!

The clustering effect is clear in this year’s vintage of seed-funded startups. A handful of categories accounted for an outsized number of investments.

For more information click the link: https://news.crunchbase.com/venture/seed-stage-funding-trends-2023/

Tax Reg: 650-899-989

Using Crunchbase data, we scoured through hundreds of the largest seed and pre-seed rounds in 2023 to identify trends.

25/06/2023

Today's quote is "Success is not a destination, it's a journey" by Zig Ziglar.

Tax Reg: 650-899-989

24/06/2023

Will Recent US Crackdown On Crypto Affect Venture?

“Most crypto firms and venture funds welcome thoughtful regulation in this space,” said Yash Patel, general partner at Telstra Ventures, who invests in crypto startups. “However, the SEC’s focus on enforcement by regulation versus more transparent, clear legislative action will compel most crypto firms — not just startups — to leave the U.S. and would not be ideal for America’s competitive position as key talent leaves elsewhere.”

For more information click the link: https://news.crunchbase.com/fintech-ecommerce/sec-binance-coinbase-analysis-crypto/

Tax Reg: 650-899-989

It’s been quite a turbulent couple of days for crypto.

22/06/2023

6 Critical Steps for Buying a Business!

Purchasing an existing business can be the ideal strategy to avoid becoming an owner who shuts down their business in the first year. It's a complex process — the most complicated purchase you may ever undertake. The list of stakeholders and concerns you must address is long — customers, employees, equipment and inventory, to name just a few.

If you've decided to buy a company that is already in existence, this link includes a checklist for managing the process: https://www.entrepreneur.com/money-finance/want-to-purchase-a-business-use-this-checklist-as-a-guide/452817

Tax Reg: 650-899-989

Here's a checklist for managing the process of buying a business.

21/06/2023

Global VC Funding Falls Dramatically Across All Stages In Rocky Q1, Despite Massive OpenAI And Stripe Deals!

Every funding stage last quarter was down 44%-54% year over year, a clear signal that the slowdown is not confined to late-stage funding. Investors across each stage scaled back as they took time to assess new investment opportunities while guiding existing portfolio companies.

For more information click the link: https://news.crunchbase.com/venture/global-vc-funding-falls-q1-2023/

Tax Reg: 650-899-989

Venture and growth investors in private companies continued to scale back their investment pace in the first quarter of 2023, Crunchbase data shows.

20/06/2023

Today's quote is "A winner is a dreamer who never gives up" by Nelson Mandela.

Tax Reg: 650-899-989