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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Heyward was an early star of the budding Los Angeles startup community with the launch of the anonymous messaging service, Whisper nearly 8 years ago. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.

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Save Your Spin for Someone Who Cares

Both Sides of the Table

This is part of my series on How to Raise VC but could equally be filed under Startup Advice more generally. He started the call by telling me he had exciting news. He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Strike one up for subtlety.