Y Combinator narrows existing group size by 40%, citing downturn and funding environment – TechCrunch

built p Says It has deliberately reduced the number of startups within its accelerator for the Summer 2022 group. As I first mentioned before the information Independently verified by TechCrunch, Y Combinator’s Summer 2022 group – currently in operation – includes nearly 250 companies, down 40% from the previous group, which came to 414 companies. … Read more

refused for what? – Tech Crunch

Welcome to Startups Weekly, a new human experience on startup news and trends this week. To get this in your inbox, Subscribe here. Sahil Lavingia of Gumroad broke into the venture world as one of the early testers of the ETF, an AngelList product that allows investors to raise capital on a subscription basis. That … Read more

No more FOMO, as VCs approach startup funding with new metrics and priorities

Billions have turned into millions as the startup funding environment has fallen from its highest level in 2021 to a calmer situation in 2022. Total venture capital funding in July of this year saw the decline, as was $652.7 million compared to $2.7 billion in June. 2021 saw an influx of capital into Indian start-ups, … Read more

Venture capital: How far will Big Chill hit New Zealand?

Investors financing startups are turning heads in the US and Australia, devaluing existing holdings amid rising interest rates, recession fears and a plunge in tech stocks in public markets. Industry players say New Zealand may not be hit hard, though, given that investors here have been more conservative and bought at cheaper levels. In addition, … Read more

Learn about 5 success stories of Entrepreneur First – Global Talented Investors in Canada

Learn about 5 success stories of Entrepreneur First – Global Talented Investors in Canada As Canada’s world-class technology sector continues to grow, rivaling Silicon Valley as a hub for innovation and entrepreneurship leadership, Entrepreneur First (EF) Help transform the country’s massive talent pool into the founders of the future. Since launching in Canada in 2020, … Read more

Five lessons out of eight numbers

The image of a successful founder often rings a bell on a public market listing. So it’s easy to forget that the majority of successful exits are private acquisitions. Having sold my influencer company Fanbytes to global digital marketing agency Brainlabs for an eight-figure sum in May, I’m one of many who fall into that … Read more