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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

When you see startups like SpaceX and Pinterest grow from a low valuation to a billion dollars in just a few years, it’s easy to assume that if you just keep doing what you are doing, you can get there as well. Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk.

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

Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. People order Starship deliveries via the startup’s iOS and Android apps.

Invest 233
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5 Reasons To Enlist Outside Advisors For Your Startup

Startup Professionals Musings

In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. An experienced Board can give them credibility, as well as advice on the many pitfalls of starting a new company. The cost of a co-founder is usually fifty percent of your equity.

Startup 142
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Max Q: SpaceX gets ready for first human flight

TechCrunch LA

Sign up here to receive it weekly on Sundays in your inbox. This week turned out to be a surprisingly busy one in space news — kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to U.S. Max Q is a new weekly newsletter all about space. space efforts both in science and in defense.

SpaceX 272
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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. Image Credits: Facebook. the big thing.

Marketing 246
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point. Naturally, they started in apparel but are also seeing opportunity in beauty and home goods.

Product 191