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As mega-rounds become rarer, energy startups are powering up

The largest funding rounds raised by startups are becoming rarer and rarer. For upstart companies working on the future of energy, however, the market is surprisingly strong. The venture deceleration, and its late-stage glaciation, are not stopping the companies that want to reinvent energy from raising huge rounds. Given what we’re seeing around the world, it’s a welcome fact, even if it does feel a decade or more too late. Powering up Nine-figure rounds are often called “mega-rounds” due to their massive heft.…

How can venture capital survive a three-year liquidity drop?

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our interview show, where we sit down with interesting, knowledgeable folks and dive deep into their favorite topics. For this weekend’s Special Equity Edition, we invited Gené Teare to come back on the podcast. Longtime listeners will recall that we’ve had Gené on a time or two to chat venture capital data with us, and…

Talking With Jager McConnell, CEO of Crunchbase – Using Intuition To Succeed In Business

Too Long; Didn't ReadAs entrepreneurs, there are many different skills we have to constantly be developing. But what if there’s one that you can’t touch, can’t see, can’t really measure, but it turns out to be one of the most valuable tools in your arsenal? We’re talking about intuition. Intuition can be hard to define, but it’s that general feeling you get that something is right or wrong without necessarily being able to explain why. It’s your gut feeling, that sense of ‘knowing’. We’ve all felt it before, when we…

Lyft Just Laid Off Nearly 700 Corporate Employees

Photo: Kelly Sullivan (Getty Images) Lyft workers, like so many others in the tech industry this year, opened their inboxes today to read some dreaded news: Nearly 700 of their coworkers would lose their jobs.01:25Randall Park's Favorite SuperheroesMonday 5:02PMThe company’s two co-founders, ​​John Zimmer and Logan Green, sent the memo to staff Wednesday confirming earlier reports by The Wall Street Journal suggesting the company would part ways with 13% of its workforce. Fears over an impending recession and increasing

Apple Reportedly Begins Layoffs, Prepares for Return To Office

Photo: Eric Thayer (Getty Images)Though they held out longer than most, Apple has reportedly finally succumbed to the great tech layoffs of 2022.The Big Tech titan reportedly laid off around 100 of its contract-based recruiters over the past week, according to sources speaking in a recent Bloomberg report. Those alleged layoffs come amid a hiring slowdown at Apple and during a wider tech downturn that’s forced tens of thousands of tech workers to start looking for new jobs.Apple’s recent layoffs notably did not affect

Calm Meditation App Is Reportedly Laying Off 20% of its Staff

Photo: Staff (Getty Images)Former employees at the meditation app Calm may need to stop and take a deep breath.On Thursday, the company’s CEO, David Ko, announced layoffs impacting 20% of its roughly 400 employees in a memo to staff seen by Gizmodo. That 20% translates to around 90 employees. The memo comes amid a growing wave of tech industry layoffs that’s left tens of thousands of tech workers scrambling for new jobs.In his memo, Ko said the decision came in an effort to focus on growth and efficiency.“I can assure you

Over 32,000 tech workers fired in US, more than 11,000 in India till July

More than 32,000 tech workers have been laid off in the US till July, including at Big Tech companies like Microsoft and Meta (formerly Facebook) and the worst has not been over yet for the tech sector that has seen massive stock sell-off.According to the data compiled by Crunchbase, more than 32,000 workers in the US tech sector have been laid off in mass job cuts, as of late July."We've included both startups and publicly traded companies that are based in the US. We've also included companies based elsewhere that have…