Tag: entrepreneurship
Silicon Valley restructuring veteran says his firm is winding down up to 3 startups a day
‘It doesn’t matter what size they are; when they come to us, they’re all broke’ Connie Loizos @Cookie / 8 hours Marty Pichinson gets called a lot of things: Silicon Valley’s undertaker, its terminator, a grave digger. These aren’t meant as slights; Pichinson is the founder of Sherwood Partners, a…
Read More
Frank raises $5M more in its quest to get students max financial aid
Frank, a New York-based student-facing startup, has raised $5 million in what the company described as an “interim strategic round” led by Chegg, a public edtech company. According to Frank founder and CEO Charlie Javice, previous investors Aleph and Marc Rowan took part in the round alongside new investor GingerBread…
Read More
Silicon Valley Bank only started processing stimulus loan applications today
In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims “more innovative startups bank with us than any other bank,” only just began processing claims today. “Since the CARES Act and the PPP were announced, we…
Read More