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

TechCrunch LA

The remaining $200 million came from new investors Macquarie Capital, Mori Building and Shell, as well as existing investors 83North, Broadscale Group, Ervington Investments, Hearst Ventures, Planven Ventures, Pitango and RiverPark Ventures. ” Layoffs in a time of COVID-19. Other deals: Qcraft.ai The company said T.

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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." The firm is venture backed by Intel Capital, Adobe, Shelter Capital, Spark Capital, Goldman Sachs, Michael Eisners Tornante Company, Time Warner Investments, among others. Tags: veoh layoff jobs video content.

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Struggling EV firm Faraday Future gets another financial lifeline with new $225M investment

TechCrunch LA

billion capital raise that the company believes it can close before the end of this year. Both companies will own 50 percent of the JV — The9 provided $600 million in capital to secure its share. Faraday has since sought alternative investment. That sum is apparently part of a larger $1.25

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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.

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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. Always have been.

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Machinima Gets $24M, But Chops Staff

socalTECH

along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. investment employment jobs layoff warner capital venture machinima' Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., READ MORE>>.

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Fisker Automotive Burnt Through $1.4 Billion

socalTECH

The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007. billion dollars in private and public funds, according to Reuters. READ MORE>>.

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