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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

Glossier, the popular beauty brand led by former blogger Emily Weiss, let go of 80 of its corporate employees today, according to an internal email obtained by Modern Retail. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

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

TechCrunch LA

Please reach out and email me at kirsten.korosec@techcrunch.com to share thoughts, opinions or tips or send a direct message to @kirstenkorosec. raised what it described as an “eight-figure USD investment” in a seed funding round from IDG Capital, Vision+ Capital and Tide Capital. Other deals: Qcraft.ai

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Report: Veoh Planning Major Layoffs

socalTECH

Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Tags: veoh layoff jobs video content. Veoh laid off 20 percent of its employees in November. READ MORE>>.

Veoh 100
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Sell when growth is high, even if cash flow is low.

Berkonomics

Dave’s note: Our guest author this week is John Huston, founder of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . Email readers, continue here…] But this too is an overly simplistic view. By John Huston.

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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

cash & unallocated stock options) Should we raise capital, from whom, how much and at what price? Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? Some board members spend all of their time in the meeting on electronic devices doing email or even checking social media.

Startup 269
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Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Just notice how many VC emails you get after your TechCrunch article or after you were on stage at TC50. Tags: Entrepreneur Advice Raising Venture Capital Startup Advice startup technology vc. Strike one up for subtlety.

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Adam Scott | ScoreBig, Startups, and LA Tech

Tech Zulu Event

You got flash sales and group sales sites coming to us and basically have the same general business idea: shoot out a couple million emails to potential customers, saying they have tickets that are on sale. We have great access to capital. I had to close the doors of businesses and layoff people. This is my fourth startup.

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