Despite the investor cautionary tale that the startup world was permeating during the economic downturn, certain startup types have been a little more insensitive to market conditions. The global supply chain has been one of the biggest industrial victims of the pandemic, so it stands to reason that companies addressing global supply chain issues would … Read more
To get a roundup of EntertainmentCab’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Hello, and welcome to a new week. Hey is off today, so just you and me going through the biggest stories of the day. Let’s get to it! — Christine The EntertainmentCab Top … Read more
“The medium is the message” is the common expression, but entrepreneur Alexis Traina believes that messages themselves – text messages, to be precise – also deserve attention. Traina is the CEO and co-founder of HiNOTE, an app that helps people create messages, on personalized backgrounds of everything from an overturned wine glass to a branded … Read more
Navin Chaddha, de The legendary investor who runs Mayfield Fund doesn’t want to run a multibillion-dollar fund like many of his peers. “Everyone wants to be Sequoia or a16z,” he said in an interview with EntertainmentCab. “We want to be who we are: just copying someone else is strategy for disaster, strategy for failure.” “We … Read more
Invesco, which led Swiggy’s previous round, has downgraded the Indian food delivery giant’s valuation of its stake to about $5.5 billion, according to a filing. This revised valuation, as of January 31, 2023, represents a striking 48.6% drop from the $10.7 billion valuation Invesco previously attributed to the startup in a funding round the Atlanta-headquartered … Read more
Partners of 3one4 Capital, a venture capital firm in India, recently went on a roadshow to raise a new fund. Within two and a half months, at the height of the deteriorating global economy, they had raised $200 million. It is the fourth major fund for the Bengaluru-headquartered fund whose portfolio includes four unicorn startups. … Read more
Are you a seed stage founder building a unicorn? NFX Founding Partner James Currier wants to save you some time: startups that grow into billion-dollar companies have three basic forms of resilience. Network Effects: Your product becomes more valuable as more people use it. Embedding: Integrate your services so deeply that customers can’t take them … Read more
Welcome to The Switch! If you received this in your inbox, thank you for signing up and your trust. If you read this as a post on our site, please subscribe here so that you can receive it immediately in the future. Each week we look at the latest fintech news from the past week. … Read more
Frontline is latest startup to grab VC dollars with $6.4M seed round Wildfires, and the damage they cause is a growing problem. There were more than 66,000 wildfires in the U.S. alone in 2022, and while many believe these natural disasters are largely a California problem, they are burning across the country, causing millions of … Read more
To get a roundup of EntertainmentCab’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Free-Yay! If you have some time to spare today, get your Disrupt tickets – early bird discounts end in 7 days! It also seems a bit silly to compete with plant-based milks, but … Read more