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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. Let me start out with my premise: “Data rooms are where fund-raising processes go to die.” I have to back up and give you more context.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. Founder and CEO Kevin Czinger didn’t provide specific numbers. However, he did confirm to TechCrunch that he had to reduce staff due to the COVID-19 pandemic.

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Entrepreneurs: Employment law is not on your side!

Berkonomics

Small companies most often scrape by with borrowed or invested funds, doing everything possible to grow and prosper with limited resources. Almost all laws dealing with employment are designed to protect the employee, not the company. In brief, an employee with an alcohol problem that he took to work was fired after several warnings.

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5 Priorities Before You Bypass Professional Investors

Startup Professionals Musings

In reality, crowdfunding has become a major startup funding vehicle, expected to reach $3.62 He points out that the word crowd precedes funding in crowdfunding. Of course, if the campaign does not meet or exceed the funding objective, you get nothing. billion globally by 2030, but that doesn’t mean it’s easy.

Startup 100
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7 Specifics Show How Startups Are All About Execution

Startup Professionals Musings

Professional investors expect far more than an idea pitch – they are looking for a documented opportunity analysis and realistic financial projections. Passionate reiteration of the idea won’t close funding. Follow-up is required for every sales lead, a pipeline built, and a sales process documented, with training for new reps.

Startup 155
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5 Ways Crowdfunding Is Not A Panacea For New Ventures

Startup Professionals Musings

In reality, crowdfunding has become a major startup funding vehicle, expected to reach $114 billion globally by 2021, but that doesn’t mean it’s easy. He points out that the word crowd precedes funding in crowdfunding. Of course, if the campaign does not meet or exceed the funding objective, you get nothing.

Startup 151
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X1 Technologies Gains New Funding, CEO

socalTECH

Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. According to a statement by Gross, the new funding round will go to "accelerate growth" in X1. Venture Partner re-upped in the new funding round.

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