Entrepreneurship

New DuPont branch; Commercial start-ups; Tourism subsidies — The buzz

STAUNTON — A new DuPont Community Credit Union branch is coming to Fishersville, Shenandoah Community Capital Fund has selected a new cohort of start-ups, and Waynesboro has tourism grants — here’s the buzz. DuPont’s 14th location arrives in Fishersville DuPont Community Credit Union will open its 14th branch later this summer. The new location will …

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First AirTree funds fell 18% following a massive reduction in the valuation of Canva

“This quarter, we wrote down a small subset of later-stage companies that materially impact the value of our funds. “These markdowns do not reflect our conviction in the companies concerned. They are an acknowledgment of movements in the public comparables for our late stage material positions. Although AirTree’s accounts have been audited since the fund’s …

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Venture capital: How big will The Big Chill hit New Zealand?

Investors funding startups turn heads in the US and Australia and write down the value of their existing holdings amid rising interest rates, recession fears and falling tech stocks in public markets. Industry players say New Zealand might not be so badly hit, given that investors here have been more conservative and bought at cheaper …

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Funding for African start-ups explodes, defying the global trend

As funding for start-ups are falling across the globe, Africa stands out as a notable exception, its underserved population outweighing the impact of inflation and slowing economies. Funding for start-ups on the world’s second-largest continent more than doubled to $3.1 billion (R52 billion) in the first six months of the year, according to research firm …

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Discover 5 success stories from Entrepreneur First, the global talent investors innovating in Canada

Discover 5 success stories from Entrepreneur First, the global talent investors innovating in Canada As Canada’s world-class technology sector continues to grow, rivaling Silicon Valley as a hub of innovation and entrepreneurial leadership, Entrepreneur First (EF) helps turn the country’s vast talent pool into future founders. Since launching in Canada in 2020, EF six-month program …

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Startup Funding: It’s Like 2017: How Startups Are Changing Their Playbook as Funding Winter Sets In

Synopsis The funding tap for startups is overflowing, but fewer deals are being signed as investors have become extremely cautious about decision-making. The DNA of startup founders, meanwhile, evolves as experienced entrepreneurs with better vision and clarity take the plunge while staying away from cash-intensive ideas. Rohit Anand (52) sold his first startup, Value Edge, …

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8 productivity and collaboration startups likely to survive the pandemic

The pandemic-driven shift to remote work has dramatically boosted productivity and collaboration tools. Today, companies are re-evaluating the tools they need, which could lead to market disruption. Here are 8 startups that are likely to survive and become indispensable tools in the workplace. It’s no secret that productivity and collaboration tools have been given a …

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Apple’s financial operations startup alum raises funds to expand globally – TechCrunch

Bluecopa, an Indian startup building a financial operations automation platform for high-volume enterprises, has raised $2.3 million to expand its offering in the global market. The seed funding round was led by Mumbai-headquartered Blume Ventures, with participation from Titan Capital, T-Fund, Speciale Invest, Bharat Founders Fund, T2D3, Amplify and Force Ventures. He was also joined …

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Y Combinator cuts current cohort size by 40%, citing slowdown and funding environment – ​​TechCrunch

Y Combinator says it intentionally reduced the number of startups within its accelerator for the summer 2022 batch. As first reported by The Information and independently verified by TechCrunch, Y Combinator’s summer 2022 cohort – currently in action – has nearly 250 companies, down 40% from the previous cohort, which landed in 414 companies. Y …

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