article thumbnail

5 Strategies To Capitalize On Hard Times In Business

Startup Professionals Musings

examines and analyses this entrepreneurial revolution to reveal critical lessons every Gen-Y entrepreneur and marketer must learn. Viral marketing campaigns to lure new customers will cost you big money. Past layoffs at big companies usually means more great employees on the market now for newer companies.

Capital 93
article thumbnail

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

TechCrunch LA

There were, of course, those who used the opportunity to make a marketing push or pitch a story. 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 136
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

TechCrunch LA

“[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

CTO Hire 197
article thumbnail

Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Welcome back to Chain Reaction. crash redux.

article thumbnail

Zumbox Shutting Down

socalTECH

According to a message from the company-- first posted by Infotrends --the company said the "time and cost" required to deliver on its concept of "digital postal mail" is "more than the market is prepared to invest." zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

Zumbox 157
article thumbnail

5 Key Recovery Strategies Counter Economic Downturns

Startup Professionals Musings

examines and analyses this entrepreneurial revolution to reveal critical lessons every Gen-Y entrepreneur and marketer must learn. Viral marketing campaigns to lure new customers will cost you big money. Past layoffs at big companies usually means more great employees on the market now for newer companies.

Geni 172
article thumbnail

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. asset management firm Birch Lake Associates and it is aimed at bringing Faraday’s flagship FF91 SUV to market. Both companies will own 50 percent of the JV — The9 provided $600 million in capital to secure its share.

Invest 143