Tag: Extra Crunch
Tips, tactics and cashflow strategies for startup survival during a crisis
We’re entering a dangerous phase and you’ll need to get creative to survive Joe White 8 hours Joe White Contributor Joe is general partner of Entrepreneur First, a Greylock-backed early-stage deep tech fund; co-chair of GBx, a curated network of British entrepreneurs in the Bay Area; and a former co-founder…
Read MoreAmid unicorn layoffs, Boston startups reflect on the future
As domestic and global economies grapple with the COVID-19 era, its impact on startups is coming into focus: All will be impacted, many will suffer and some will close. Boston, a city that TechCrunch keeps tabs on, has seen a number of well-known startups struggle in recent weeks. Their misfortunes…
Read MoreDon’t apply for a PPP loan unless your affiliation issues are resolved
Take a closer look at the protective covenants in your charter and investor agreements Wiliam Carleton 7 hours Wiliam Carleton Contributor Many presume that the SBA’s “affiliation” rules will prevent venture-backed startups from applying for loans under the Paycheck Protection Program (PPP) of the CARES Act. I think that’s unfortunate,…
Read MoreBessemer’s Tess Hatch on the evolving aerospace market and COVID-19 adjustments
The aerospace market is evolving quickly and merging with other segments of tech, making it an exciting space for both startups and investors — but the complications of the global pandemic are being felt by both. Bessemer Venture Partners investor Tess Hatch has been helping guide companies in their portfolio…
Read MoreHow one European VC firm is reacting to the economic crisis
Public markets around the world have been tanking for the past few weeks, and many companies simply can’t operate during a lockdown. Sheltering in place has had some terrible economic consequences, with a record number of Americans getting laid off, including many startup employees. But what is happening in Europe?…
Read MoreFintech’s uneven new reality has helped some startups, harmed others
Fintech startups were hot news before the COVID-19 era, but the pandemic hasn’t bumped the sector out of the headlines. Companies that were pitching optimistic news a few weeks ago are now cutting staff. Others are facing a surge of users trying to find their financial footing in the face…
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