A 360° view on tech world
Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capital Ventures and — for some reason — athletes and celebrities including Paul Rudd, Drew Brees and Josh Childress. CEO Isaac Madan says that the proceeds will […]
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After pulling open roles across its Office and Windows divisions and letting go a portion of its 180,000-person workforce in July, Microsoft made additional cuts this week concentrated in its Modern Life Experiences (MLX) group, one of the groups responsible for customer-focused project R&D at the company. According to posts on LinkedIn, the recent layoffs […]
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Chicago-based Groupon today laid off more than 500 of its employees — 15% of its 3,416-person headcount — according to posts from former employees on social media. The reduction impacted workers in teams including merchant development, sales, recruiting, engineering, product and marketing. Groupon confirmed the layoffs to TechCrunch after the publication of the story. “Our […]
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After more than two years of remote work, many employees have no interest in returning to the office — at least not without good reason. Employers have responded in kind, more or less, with tech companies in particular offering generous work from home and hybrid work options. Not all businesses are behind the changes, but […]
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Red Hat promoted 16-year veteran Matt Hicks, who says he will for the most part continue on the path of former CEO Paul Cormier.
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There’s tremendous opportunity in a recession for growing revenue. But first, you have to fundamentally change the way you approach sales.
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Last year saw a record 270 first-time funds close, which means there are almost 300 new managers who raised their fund in a bull market and are now deploying it in very different market conditions.
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Who will fare better in the current venture downturn? Will it be legacy investors with years of experience and sizable portfolios to worry about or emerging managers starting with a clean slate?
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Glambook recently raised $2.5 million at a $12 million valuation, and I managed to talk it into letting me share its full pitch deck with you to see how the company wove its story to its investors.
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If Andy Warhol were alive today, would he be minting NFTs of Campbell’s Soup cans?
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