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Some of the best early-stage startup investors share a common trait that should be a lesson for Silicon Valley
In today's big story, we're looking at the best investors when it comes to early-stage companies.
Dan DeFrancesco
Weight-loss app Noom is laying off 495 coaches in a strategy pivot
Noom told staff the layoffs were part of "an evolution to the coaching model." A coach said the app…
Allana Akhtar,Gabby Landsverk
Israeli startup founders go to war: 'We're fighting for our home.'
Members of the Israeli startup community including founders, VCs and others have joined the country…
Madeline Renbarger,Alistair B…
Catching ‘em early: Early-stage startups shine as their investor pool widens
In the aftermath of the funding winter, early-stage startups have remained largely unscathed. In 20…
The cofounder of Allbirds has some advice for startups looking to IPO: make money ahead of going public
Investors have raised the bar for money-losing companies seeking to list, and they now need to be p…
Melia Russell
Landeed raises $8.3 million in seed funding from Bayhouse Capital, Draper Associates & more
The startup, which was founded in 2022, aims to hit the ground running with the seed funds. …
SoftBank would cut startup funding by half this year as losses cross $13 billion
Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.…
MobiKwik posts first ever consolidated profit in Jun quarter 2023-24
"We have registered an adjusted Earnings before interest, taxes, depreciation, and amortization…
PTI
Meesho lays off 251 employees to 'achieve sustained profitability'
Meesho, a social commerce platform based in India, has laid off 15% of its workforce – 251 employee…
Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%
Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …
EV startup Lucid is losing over $500,000 for every car it sells
Lucid is losing money on every electric car it delivers amid a brutal market for newer competitors.
Nora Naughton
Saudi Arabia's stake in Lucid dropped in value more than $50 billion as the EV startup struggles, report says
Saudi Arabia's 60% stake in Lucid was worth more than $55B shortly after the EV startup went public…
Lloyd Lee
$27 billion up in smoke – that's how much cash the 3,200 startups that failed this year had raised, says PitchBook
The true scale of the venture funding cash burn is likely to be even higher than the PitchBook tall…
Kai Xiang Teo
Unacademy lays off 10% of workforce as funding winter deepens
"Things are getting worse with each passing day. Even though we realised this much earlier and…
The cost of hot new weight-loss drugs could put some companies out of business, Blackstone exec warns
Corporate leaders are debating whether employers should pay for their workers' weight-loss drugs, w…
Shelby Livingston
India saw 6% decline in hiring in October amid funding winter: Monster report
India saw a 6 per cent drop in hiring activity (year-on-year) in October, amid changing patterns in…
Startup founders focus on profitability, hope for higher valuations: InnoVen Capital report
A majority of Indian startup founders are optimistic about getting a higher valuation for their com…
The many troubles at BYJU’s that goes beyond the recent layoffs
The many troubles at BYJU’s that goes beyond the recent layoffs
Startups incorporated till March 2024 to get income tax benefits: FM
The government on Wednesday proposed to extend income tax benefits to startups incorporated till Ma…
PTI
This agritech is mobilizing wet waste of cities as compost that’s saving crops, soil and farmers in rural areas
One man’s garbage is another man’s treasure. A Pune-based agritech startup has taken this adage lit…