The VC Corner 📰 #10
Figma is reducing its valuation, How to Value your Startup, Generative AI Bible, and more!
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Top Headlines 🚨
Figma is reducing its valuation from $20 billion to $10 billion and offering buyout packages to employees who want to bail 📉 [Forbes]
Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today 💼 [TechCrunch]
Byju’s seeks new funding at less than $2 billion valuation, a 90% drop 🔻[TechCrunch]
Cohere in talks to raise as much as $1bn as AI arms race heats up 💬 [Financial Times]
Google DeepMind scientists in talks to leave and form AI startup raising 200M euros 🤖 [Reuters]
Plural raises €400m fund — it’s second in under two years 💰 [sifted]
In-Depth Insights 🔍
How to Value your Startup 🏷️ [Stephane Nasser]
One-Round Wonder - Can a startup have the best of both bootstrapped and venture funded paths? 💸 [Ana Atluru]
What’s the deal with African VC, and is it actually working? ❓ [Anowa Quarcoo]
Questions Early Stage VCs May Ask You 🤔 [Elizabeth Yin]
2024 Will be Tougher Than We Thought, But We’ll Still Cross $1 Trillion in Software Spend 💵 [Jason Lemkin]
How to Efficiently Operate a Fully Remote Startup 🏠 [Kerman Kohli]
How do US cities compare in startup funding if you adjust for population rather than overall dollars? 🏙️ [Peter Walker]
How to make struggling startups ‘PE ready’ 🔧 [Leah Hodgson]
Interesting Reports 📊
MENA - 2023 Year in Review 🌍 [wamda]
The Macro in Venture 📊 [Rohit Yadav]
Generative AI Bible: The ultimate guide to genAI disruption 📖 [CB Insights]
2023 Africa Report: A rough year for the ecosystem 🌱 [Partech]
Captivating Podcasts 🎙️
$250M Founder Reveals How The Rich Avoid Taxes (Legally) 💰 [My First Million]
The other side of AI 🔍 [Equity]
Why VC has gone mainstream 🌟 [Venture Unlocked]
Jobs of the Future 💼 [a16z]
Upcoming Events 📅
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Plug and Play Insurtech Europe Expo 11 | Munich | Jan 31
Startup to scaleup: Creating the dream Gen Z workplace | Remote | Jan 31
IoT Solutions World Congress | Barcelona | Jan 31-Feb 2
Women’s Venture Capital Summit 2024 | California | Feb 6-8
Future of Ukraine Summit | Stockholm, Sweden | Feb 15–16
World ESG Summit | Saudi Arabia | Feb 19-21
4YFN | Barcelona | Feb 27–29
0100 Conference DACH 2024 | Vienna | Feb 28-29
Insurtech Insights Europe | London | Mar 20-21
Really useful, particularly the links on valuing a startup and questions that will be asked.