Top news of the week: 22.01.2023.
Self-driving truck startup Waabi brings on Volvo VC as strategic investor
Having Volvo on board will provide Waabi access to Volvo's industry network and help the startup get to large-scale commercialization.
Women-founded startups raised 1.9% of all VC funds in 2022, a drop from 2021
Last year, U.S. startups with all-women teams received 1.9% (or around $4.5 billion) out of around the $238.3 billion in venture capital allocated, according to the latest PitchBook data.
Fintech in 2022: a story of falling funding, fewer unicorns and insurtech M&A
While total fintech funding globally was down markedly last year compared to 2021, numbers were still higher than 2020.
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Citizen Marc: Why the Andreessen Horowitz Founder Can’t Stop Chasing Dreams of a New Media
The pitch was right up Marc Andreessen’s alley: a fledgling but buzzy digital media startup, which intended not only to produce its own content but to sell its content-management software ...
Alphabet makes cuts, Twitter bans third-party clients, and Netflix’s Reed Hastings steps down
This week, Google parent company Alphabet made deep cuts, while Twitter banned third-party clients and Netflix co-CEO Reed Hastings stepped down.
Founders, Beware. An AI Chatbot May Have Written That Pitch Rejection
Founders, remember that note in your inbox from a venture capitalist who’s “decided not to invest” but “would still like to stay in touch”? It might have been written by an artificial ...
Daily Crunch: Alphabet CEO lays off 12,000 people, says company ‘hired for a different economic reality’
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