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Tech Companies Are Hiring Staff… Then Rescinding the Offers

Tech.Co

A number of tech companies have made the headlines this week for hiring new members of staff, only to rescind such offers before they start. A False Start. Sign up for Tech.co's newsletter today. Perhaps the most concerning thing is that this isn’t just restricted to startups, small or even medium-sized businesses.

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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. 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.

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Fair Loses CEO Painter

L.A. Business Journal

Departure follows deep layoffs at car-leasing startup

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Heyward was an early star of the budding Los Angeles startup community with the launch of the anonymous messaging service, Whisper nearly 8 years ago. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.

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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. Strike one up for subtlety.

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Culture Counts in Every Business, Large or Small

Startup Professionals Musings

There has never been a layoff nor a labor shutdown in their history. As Herb Kelleher, former Southwest CEO, noted in a past Wall Street Journal article, “You have to recognize that people are still most important. Tags: excellence entrepreneur business culture startups. Employee turnover is extraordinary low. Robinson, Ph.D.,