May 25, 2022

Fundraising is a highly specialized skill: unless you’ve started a business, worked for a non-profit organization, or even scammed someone, it’s important to convince strangers to give you their money. If you do this, you have little experience. .

But it’s different with startups: before the founding team can bring their great idea to life, someone has to show investors how the idea solves an existing problem and generates enough revenue to be worth the big risks and paperwork.

Taking the proper precautions is important, but it won’t give you all the information you need to contact a venture capitalist. For some, LinkedIn DM may be a suitable way to get their attention, but others may filter notes from unknown senders into their spam folders. Similarly, an investor may ask you to review your deck in detail; Another may prefer a heartfelt face-to-face conversation.

Full gaming-updates+ articles available to subscribers only
use discount code TCPPLUSROUNDUP Save 20% on a one or two year subscription

Searching the public domain does not give an accurate idea of ​​what deals they are looking for right now. As the market changes, so will his focus, but it’s impossible to know by reading the rounds he ran last year.

To dispel some of these secrets and learn more about where the best VCs look for opportunities, I asked the following investors for their thoughts:

  • Christine Choi, partner, M13
  • Arvind Gupta, Partner at Mayfield Fund
  • Mike Gaffrey, General Partner of Canvas Ventures
  • Sarah Kunst, director of Cleo Capital

The answers varied, but I found it particularly noteworthy that a warm introduction is not necessarily more popular than a cold email. I’ll be talking to other VCs and angel investors in the coming weeks, so keep an eye on this space.

Thank you so much for reading gaming-updates+!

Walter Thompson
Senior Editor gaming-updates+
@your hero

6 technologists discuss how no code tool changes software development

Photograph of a green garden through a jagged hole in a brick wall, taken in Latina, Italy.

image credit: Luca Lorenzelli/IEEM (Opens in a new window) / Getty Images

We have been reporting a rise in no-code/low-code software for years, but with the onset of the pandemic, they have taken on a new meaning.

Rapid digital transformation is taking place in an age where employees have learned to work remotely and software developers are in greater demand than ever before.

We interviewed six technologists to learn more about the impact of no-code/little-code tools, reducing technical debt, and related topics:

  • Patrick Jean, CTO, Outsystems
  • Deb Gildersleeve, CIO, QuickBase
  • Zoe Cleland, VP Product & Experience, Nintex
  • Bruno Vieira Costa, founder and CEO of Abstra
  • David Hsu, founder and CEO of Retool
  • Trisha Kotari, co-founder and CEO of Unit21

IRS FUD: What You Need to Know About Cryptocurrency Taxes

Desk calendar page for American tax day, April 18, isolated on white background.  Easy to crop for all your social media or print sizes.

image credit: micro pixie stock (Opens in a new window) / Getty Images

Whether you liquidated your crypto assets or plan to stay there until the universe ignites, if you traded profitably last year, the IRS would be happy to talk to you.

But determining these taxable incomes may require some effort.

Because cryptocurrency exchanges are not regulated by the Securities and Exchange Commission, “they are not required by law to provide the same level of tax reporting that discount brokers and custodians are required to provide to investors in stocks, bonds, and mutual funds.”

Your startup increased its turnover by 40 times. How much does it cost, say 6x?

image credit: Nigel Sussman (Opens in a new window)

Are we in a bull market or a bear market?

The publicly traded software companies that make up the Bessemer Cloud Index have shown “good growth during the pandemic,” but today it has lost nearly half its value since hitting an all-time high in late 2021, reports Alex Wilhelm on the exchange50. % lost.

Several software startups posted double-digit revenues last year, sparking investor enthusiasm. “What will these startups do if their regular income is not 100 times more, but, say, 8 times?” Alex asks.

Dive deeper into Snorkel.AI’s $135 million presentation technology.

image credit: Greylock / Snorkel AI

Since launching in 2019, Alex, co-founder and CEO of Snorkel.AI, has raised $135 million in the first four rounds.

“I was a presentation fanatic before I made a real presentation,” Ratner said on a recent episode of gaming-updates Live.

This story often comes up when discussing startup presentation strategies: investors are only interested in entrepreneurs who have a general understanding of their market and the problems they are trying to solve.

“To be fair, startups just need to get it right,” said Greylock partner Sam Motamedi, who led Snorkel. $3.3 million AI seed round. “Those are two things we see in Seed and Series A.”

Leave a Reply

Your email address will not be published.