Todays

“Exploring Klarna Controversy and Fundraising: Insights from IVP’s Eric Liaw on Succession Plans in Today’s Market”

Ericliawheadshot71
Was the fundraising process any more or less difficult this time given the market? If you really rewind the clock, back in 2018 when we raised our sixteenth fund, it was a “normal” environment. There’s obviously a valuation reset going on for every company seemingly that’s not a large language model company, which is a lot of companies. I’d guess that gives you easier access to top companies, but also hurts some of your existing portfolio companies. I don’t think anyone has ever reached a great venture outcome feeling like, ‘Man, I got a steal on that deal.’ You always feel slightly uncomfortable.

Exploring the Significance of Stability AI’s CEO Resignation for the Future of AI Startups

Stability Ai Emad Ceo Tc Minute
What do you call an AI company that is suffering from very public gyrations regarding its business health, place in the market, and leadership structure? Well, you might call it Stability AI. Stability AI’s latest leadership shakeup is no joke, with its CEO Emad Mostaque departing to work on AI products that are less centralized — which is to say, owned and built by a single company, like, say, Stability AI. The startup’s fundraising journey is well-known to tech folks, while its best-known product — Stable Diffusion — is known even more broadly. We dig into all that and more in today’s TechCrunch Minute:

Codified Aims to Introduce Flexibility to Governance as Data Takes Center Stage

Gettyimages 1410811323
That’s where Codified, an early stage startup that was nurtured last year inside venture capital firm Madrona Ventures, comes into the picture. The company was built from the ground up from a data veteran with an eye toward solving the data compliance problem, and today it announced a $4 million seed round. Company founder and CEO Yatharth Gupta sees that data is at the center of today’s technology, yet companies struggle to control access to it. Both jobs, he says, were heavily involved in data and he saw the kinds of problems he’s trying to solve with Codified. Investors in today’s round include Vine Ventures, Soma Capital and Madrona Venture Labs where Codified incubated last year.

Trending now

Baby wearables, texts from dogs, and E-Ink cars • TechCrunch
The Future of Babies: Wearables, Text Messages from Furry Friends, and E-Ink Automobiles
Airmyne Prototype
AirMyne Harnesses Geothermal Energy for Direct Air Carbon Capture Expansion
Instagram now lets you bookmark posts with friends and store them in a dedicated space
Create and Explore a Saved Space with Instagrams New Bookmarking Feature
YouTube plans to modify profanity rules that prompted creator backlash • TechCrunch
YouTube to Revise Profanity Rules Following Creator Outcry