The term "dry powder" is a poor metaphor for the mounds of cash investors were dropping on startup just a few months ago.
Elizabeth Yin is a general partner and co- founder of the pre-seed focused Hustle Fund.
An extra $200,000 or $500,000 wouldn't make a difference in a billion dollar fund.
In an interview with Rebecca Szkutak, Yin and Kirby Winfield, founding general partners at pre-seed-focused Ascend, talked about the sudden, urgent funding requests they have recently received from entrepreneurs with short runways.
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A brand-name VC led the seed and is now called a pre-seed.
I'm familiar with this company. I know they raised a pre-seed and a seed round and are now saying it was a seed round.
A traditional three-month fundraising timetable might stretch on for six with more investors waiting. Even longer.
Marking down valuations and accepting flat and down rounds are among the options founders are stuck with.
We will run columns with practical advice on Monday. Thanks a lot for reading, have a great weekend!
Walter Thompson Editorial Manager, TechCrunch+
Your protagonist.
Battle of the bridge: Startups struggle to secure runway financing
I decline most guest columns that explain best practices. Rules are not always obeyed.
The guide helps inexperienced managers find their way through the worst part of running a startup, letting people go.
Nolan Church, co-founder and CEO of Continuum and former chief people officer at Carta, says people will remember this day for the rest of their lives.
They can either remember that you surprised them with bad news or that you looked out for them and helped them navigate the next chapter.
10 steps for managing layoffs respectfully
The same people who welcomed you aboard when you signed your offer letter are now looking for places to save money.
Many workers who have been laid off will not have enough money to exercise all of their vested options, which is why it is important for founders to reduce headcount. They will go back to your previous employer once those options are up.
The traditional 90-day post-termination exercise window can be extended by a startup.
The guest post contains useful advice for budgeting, negotiating and strategizing if you don't.
Here’s how to protect your equity if you get laid off
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According to Anna Heim, investors who back Defi in Latin America are positioning themselves for a rebound.
She surveyed five investors who have staked companies in the LatAm area to learn more about how their ethos has changed since winter began, and why consumer adoption in LatAm is stronger than in other markets.
5 investors explain why Latin America is poised to weather the crypto winter
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I would like to ask you a question, DearSophie.
I have been on an H-1B for over four years. The priority date for my approval is in April 2015. I will be waiting a long time to get a green card because I am Indian.
I believe I could apply for an NIW if I were an experienced cybersecurity professional. Is there any benefit to applying for an NIW now?
It's ideal from India.
Dear Sophie: Questions about green cards and EB-2 priority dates
After a lot of rain, venture capital has stopped.
Global venture funding decreased by 23% quarter-over-quarter, the second- largest drop in a decade, according to the State of Venture Q2 2022.
Six of every ten dollars invested in private-market capital was taken by mega-rounds larger than $100 million in the fourth quarter of 2011. In the second quarter of 2022, that dropped to 45%.
Alex wrote that it was a "smitten for the ages."
The experiment of force-feeding late-stage startups infinite money is wrapping up
Every founder is looking for ways to save money, but a laser focus on saving money will only delay the inevitable.
According to Kraig Swensrud, founder and CEO of Qualified, investors won't back companies that can't demonstrate their ability to perform in five basic indicators.
With integrity, strong leadership and operational efficiency, we can not only survive, but thrive.
Pivoting your startup in a bear market: Become undeniably fundable
Ron Miller spoke to Forethought CEO Deon Nicholas about his company's $65 million Series C round in 2022.
This week, Forethought shared 23 slides with us for analysis, including an eye-catching advisor/ investor slide that includes Robert Downey, Jr.
Pitch Deck Teardown: Forethought’s $65M Series C deck
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