Remove Customer Remove Layoffs Remove Startup
article thumbnail

Should Startups Announce Their Funding?

Both Sides of the Table

Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. In stead of doing my typical big long post with 10 PR tips (like I did there), I’m going to break them up into individual (I hope more digestible) chunks.

Startup 355
article thumbnail

BetterWorks Goes From Feast To Famine With Layoffs

socalTECH

The move is an abrupt shift from feast to famine for BetterWorks, the high profile employee fringe benefits startup headed by prolific angel investor Paige Craig. Now it appears that the firm is looking to pivot its model, and looking to figure out a better customer acquisition model. READ MORE>>.

Layoffs 187
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

This is part of a series on a Board of Directors at a Startup. High Functioning Startup Boards High-functioning boards have a tight-knit relationship between all members based on mutual trust and admiration. They are able to divide responsibilities and work to gain consensus on tough decisions that every startup inevitably faces.

Startup 269
article thumbnail

Save Your Spin for Someone Who Cares

Both Sides of the Table

This is part of my series on How to Raise VC but could equally be filed under Startup Advice more generally. He started the call by telling me he had exciting news. He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Many entrepreneurs have a PR page in the PowerPoint deck.

article thumbnail

Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike. It was enough to get the attention of investors and at least two global OEMs as customers. The company’s No.

Startup 251
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

How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

The program is designed to keep employees on the payroll so ultimately it’s up to you to decide whether you are a worthy recipient and to weigh the benefit to your company and your employees against the potential perception the market may (or may not) have in the future. In this instance they would need to give up the right entirely.