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Due to a phenomenon called semantic saturation, words and phrases can lose all meaning when they are repeated too often.
That’s what happened to “Unicorn”. They wore out like sneakers in the rain, but they were so comfortable that I couldn’t put them down.
In fact, most of the startups in CB Insights’ unicorn index were in a bubble period and “really stuck at the $1 billion level,” reports Rebecca Szkutak.
“How many of them will remain unicorns throughout this calendar year?” I felt,” she discovered.
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Harley Miller, Founder and Managing Partner of Left Lane Capital, said:
The IPO window is closed for all accounts. Startups hoping to survive this recession will need to raise additional funding.
I’m sure the search has already begun for another mythical animal like ‘ARRmadillo’ that best represents a startup’s achievements in a falling market. you can get it for free.
My greater hope is that investors and founders will use this time of austerity as an opportunity to create value, not just wealth.
Thank you for reading.
Walter Thompson
Editorial Manager, TechCrunch+
@yourprotagonist
Growth Marketing Self-Study: How to Launch an Email Marketing Campaign
Image credit: Jasmine Meldan (opens in new window) / Getty Images
In the third article of a five-part series, growth marketing expert Jonathan Martinez (formerly at Uber, Postmates, and Chime) explores how to “push consumers into the funnel and convert. Learn how to create and optimize your “Promote” email campaigns.
Martinez shares the basics for segmenting your customers and predicting where leaks will occur in your development funnel. A startup that regains these users can generate higher her ARR.
“We need to make sure we send the right message to the right consumer, so it’s important to extract user segments as much as possible.”
Putting the numbers on the global venture slowdown
Image credit: Nigel Sussman/TechCrunch
According to CB Insights’ State of Venture report, VC funding will drop by 35% in 2022. While the estimated number of deals did not drop proportionately, “global venture funding fell 19% quarter-on-quarter in Q4 2022,” reports Anna Heim.
“No one knows how long it will take for the situation to improve, so I look forward to having more data as the year progresses,” she wrote.
Dear Sophie: What are the quick options for hiring someone whose grace period is expiring?
Image credit: Bryce Durbin/TechCrunch
Dear Sophie
I’m a co-founder of a very early stage startup. My co-founder and I are considering taking on her recently laid-off third co-founder. She is currently in the US in her H-1B, whose grace period is about to expire.
What are the quickest and least risky immigration options we should consider? What about potential increases in USCIS filing fees?
— cautious co-founder
Pitch Deck Breakdown: Scrintal’s Million Dollar Seed Deck
Image credit: scrintal (opens in new window)
According to visual collaboration tool Scrintal, there are more than 40,000 people on the waiting list, but the founders still raised €1 million.
Co-founders Ece Kural and Furkan Bayraktar shared the pitch deck with TC+. Click through to see why their value proposition, vision and product plans connect with investors.
- cover slide
- Problem slide 1
- Problem slide 2
- Solution slides part 1
- Solution slides part 2
- value proposition slide
- user voice slides
- traction slide
- earnings slide
- retention slide
- User profile slide
- Growth forecast slide
- vision slide
- question slide
- contact slide
- Appendix cover slide
- Appendix 1: Why now?
- Appendix 2: Competitive Landscape
- Appendix 3: Products and Growth Models
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