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New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

TechCrunch LA

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. — Mark Suster (@msuster) April 4, 2020.

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Domio raises $100M in equity and debt to take on Airbnb and hotels with its curated apartments

TechCrunch LA

Domio , a startup that designs and then rents out apart-hotels with kitchens and other full-home experiences, has raised $100 million ($50 million in equity and $50 million in debt) to expand its business in the U.S. You can even order the same wallpaper that’s been designed to decorate Domio apartments.

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MySpace Startups: Startups From MySpace Vets

socalTECH

Here are four startups of them, and what they're doing: Demand Media. Venture backers : Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., Unlike many other online invitations sites, the firm has tapped well known, professional designers for its card designs. www.demandmedia.com).

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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Using its proprietary printing technology, Relativity says it can slash the time it takes to develop a rocket from design to launch by up to two years. “We’ve spoken to what amounts to billions of dollars in potential demand for the company over time… They need a faster, better, cheaper solution.”

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How To Tune Business Strategy For Long-Term Success

Startup Professionals Musings

A recent high-profile one, Theranos , the blood-testing company, had no trouble getting customers, but promised more than their technology could deliver, Another, Shyp , an early on-demand delivery platform, blamed their demise on premature scaling. Demand continuous innovation to keep up with change.

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5 Largest Funding Rounds Raised in 2017

Tech.Co

billion private equity round led by SoftBank , in addition to three other investors. billion private equity round led by SoftBank as well. Outside the top two, Meituan-Dianping, China’s largest on-demand services provider, closed a $4 billion round led by Trustbridge Partners. Anyone notice anything significant in those numbers?

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

TechCrunch LA

The on-demand shuttle startup raised $400 million, TechCrunch learned. Via gets the “deal of the week” designation not just because its post-funding valuation is now $2.25 Moovit, an Israeli-based Mobility as a Service startup, launched an Emergency Mobilization On-Demand service. Deal of the week.

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