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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Last week, we talked about about the “de-stonkifying” of the market. The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. Hello friends, and welcome back to Week in Review ! Image Credits: TechCrunch.

Marketing 246
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Acorns To Go Public Via SPAC

socalTECH

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The transaction will give the company a fully diluted equity value of $2.2 and will trade under the symbol OAKS on the Nasdaq Capital Market.

Equity 113
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Ghost is not alone in developing technology focused on inventory. to develop some sweet inventory-planning software.

Product 191
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Faraday Future Gets $225M In Bridge Loan

socalTECH

Los Angeles-based electric vehicle developer Faraday Future (FF) says it has received a new, $225M Senior Bridge Financing, from Birch Lake Fund Management, LP, ahead of a $1.25 billion equity capital raise it is running with Stifel Nicolaus & Co.

Equity 113
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7 Ways To Highlight Your Personal Value To Investors

Startup Professionals Musings

Develop a personal story as a visionary and learner. Investors love entrepreneurs who come across as constantly on the lookout for new ideas, and able to grasp the larger implications for market change. As you may have seen on the Shark Tank TV show, offering a tiny equity amount for a large investment will not endear you to investors.

Ideas 140
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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk. Switch your focus from product development to sales. Of course, customer relationships, and penetration into new market segments are also critical elements. Isolate marketing from sales for maximum customer focus.

Startup 151
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Starship Technologies picks up €50M from the EU’s investment arm to expand its fleet of autonomous delivery robots

TechCrunch LA

Starship Technologies is describing this as a “quasi-equity facility”, meaning there is a venture loan involved in the mix. million commercial deliveries (up from 2 million in October 2021) and travelled over 3 million miles globally. It has now made more than 2.5 We are chasing delivery services around the world.

Invest 233