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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. Noam Ohana, who heads up Exor Seeds, the holding company’s early-stage investment arm, will join Via’s board. A novel rewards program. Here’s one.

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Almost 25% of Laid-off Tech Workers Start Their Own Businesses

Tech.Co

A huge number of tech companies have made layoffs in 2022 , whilst others have taken advantage of video conferencing software and other remote collaboration tools to offer flexible working arrangements and retain the best talent. Survey Says: Go Your Own Way. Challenges for New Businesses.

Layoffs 131
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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on the skills I’ve developed in my career. To some extent Keith Rabois agreed with me about domain knowledge and argued that most of his investments are in the consumer Internet space as a result.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. Founder and CEO Kevin Czinger didn’t provide specific numbers. However, he did confirm to TechCrunch that he had to reduce staff due to the COVID-19 pandemic. . The company’s No.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

MediaLab said it has “some ideas” for developing Kik going forwards, including making the app faster and reducing the amount of unwanted messages and spam bots. 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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Latest Post-COVID Trends in the Telecom Sector

Southern California Edison Blog

Telecom operators looking to stay profitable and successful in the new normal need to invest in network infrastructure, research, and development to best capitalize on new technologies, such as 5G and the Internet of Things. Strategies for Carrier Success in the Post-COVID Environment. Offer Greater Service Flexibility.

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NextWave Wireless Gets $100M In Debt, Cuts Staff, Hires Banker

socalTECH

San Diego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. The debt comes from Avenue Capital Management II, L.P. READ MORE>>

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