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Human Capital: Moving away from ‘master/slave’ terminology

TechCrunch LA

Welcome back to Human Capital, where we explore some of the latest news in labor, diversity and inclusion in tech. Human Capital will soon be available as a weekly newsletter. GitHub talked about making these changes as early as June, when CEO Nat Friedman tweeted that it was something the company was already working on.

Capital 316
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A Bigger Truth About Restaurant Food Delivery

Both Sides of the Table

It was only about 10–15% of their actual total revenue per month so for many it wasn’t a battle worth fighting?—?they The problem for the restaurants is that the more successful the “aggregators” of customer demand become over time, the less power the restaurants themselves have individually.

SaaS 242
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Should Startups Care About Profitability?

Both Sides of the Table

They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. They raised $5 million in venture capital to fund growth. See appendix if you want to know more on this.)

Startup 227
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How to Talk About Valuation When a VC Asks

Both Sides of the Table

One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” I thought I’d write a post about how to talk about valuation at a startup and give you some sense of what might be on the mind of the person considering funding you.

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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

In January 2020, the company was in discussions with Whole Foods about launching a pilot of its meals in a few stores. He and Chan had to make some tough decisions, including streamlining a lot of the business and costs, and unfortunately letting staff go. However, there was a silver lining for Positive Food.

Invest 175
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6 Demands Of Today’s Me-Centric Customers On Startups

Startup Professionals Musings

Customers expect to feel good about the whole experience. A positive result of being a recognized category expert is that it gives you the credibility to broaden demand and start new trends, instead of waiting for outside influencers and other customers. Naturally, you then get the lion's share of that increase in demand.

Demand 126
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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

Today the company officially announced its most recent round of capital ?—?having less than 18 months from when the company was created so I thought it was probably a good time to weigh in on the questions I get asked most frequently and why we’re so excited about Bird. having raised $300 million?—?less Is Bird really defensible?