Airport runways are built to international standards, but civil engineers and architects must consider wind, terrain, and a host of other factors before sketching out blueprints.
Startup runways are similar: Healthcare and fintech face different headwinds, which means companies in these sectors manage their cash differently.
In a report that crunched spending, revenue, and runway data from more than 700 startups in health tech, fintech, e-commerce, and SaaS between 2021 and 2022, he found that early-stage companies are slashing spending on everything from office rent to hiring.
Apple’s AR headset is a game-changer for startups: Creating demand for a new product is hard. Unless you’re Apple.
There is a built-in customer base for every SKU on Cupertino’s virtual shelves, and the upcoming Apple Vision Pro is no different, despite its initial $3,500 price tag, writes Haje Jan Kamps.
Five fundamentals for creating an effective OKR process: Now that easy money is off the menu, startup teams must demonstrate that they’re capable of setting (and reaching!) strategic goals.
Inexperienced founders often chase vanity metrics like social media followers or total user count that validate short-term efforts.
Successful companies, on the other hand, use objectives and key results (OKRs) to align their day-to-day efforts with long-term goals.
European startups on track to raise $51B this year, down 39% from 2022: Unless the overall environment changes, a new report from European VC firm Atomico forecasts that startup funding in the region “will be 52% lower than in 2021,” writes Anna Heim.
“The adjusted market reality is here to stay,” Atomico predicted, including more down rounds and layoffs.
“2021 was a clear outlier, with investment volumes and valuations now returning to long-term averages,” according to Atomico partner Tom Wehmeier.
“That’s no bad thing, but it won’t be an easy time for everyone.”
Why is there no movement in the June Visa Bulletin for India EB-3? “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says Sophie Alcorn, a Silicon Valley immigration attorney. “Whether you’re in people ops, a founder, or seeking a job in Silicon Valley, I would love to answer your questions in my next column.”
Downgrading is when an employer files a new Form I-140 green card petition for an employee in a lower employment-based preference category to take advantage of a more favorable priority date in that lower category, which may lead to a green card number becoming available sooner. Most often, downgrading occurs when an employee born in India or China has an approved I-140 EB-2 green card application.- source: @TechCrunch
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