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

TechCrunch LA

This week, we’ll highlight Via’s Series E funding round that was led by Exor. Via gets the “deal of the week” designation not just because its post-funding valuation is now $2.25 Enovix, which has developed a silicon-based lithium-ion battery, has raised $45 million in new funds. Deal of the week.

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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. Is Funding a Worthy Announcement? There are reasons you may delay funding announcement but rarely reasons not to announce. But trust me on this.

Startup 355
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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company developed an additive manufacturing platform designed to make it easier and faster to design and build new cars at a fraction of the cost — all while reducing the environmental impact that traditional factories have. Divergent 3D was born out of that initial exploration.

Startup 251
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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? Some boards are designed to showcase each and every member of management by having everybody lead a 20-minute update only to find out that no time has been allotted for discussion or debate. The founders of a company are fighting.

Startup 269
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Bio Roundup: Senate Drama, A.I. Stories, Data Dives, Shkreli & More

Xconomy

There is no Obamacare replacement, at least not as of this writing. The Senate Republicans are fractured, with a handful of conservatives and moderates each giving a cold shoulder to their chamber’s version of healthcare reform, the Better Care Reconciliation Act.

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