Customer data, transactions, financials: Still reeling from the market implosion, VCs are demanding to see numbers to back up founder pitches
Founders say VCs are increasingly demanding detailed data and visibility into their startups before considering a deal. This comes as the industry reels from high-profile blowups such as FTX and IRL. But some in the industry say that for early stage startups, a reliance on data can create an illusion of certainty. When Miguel Guerrero,…
A legendary economist who called the 2008 recession says another downturn is knocking on the door — and warns stocks will end up falling 40% by the end of this market cycle
Gary Shilling says the S&P 500 will fall by around 40% peak-to-trough this market cycle. He said a recession in the US may already be underway. Shilling pointed to recession indicators like the yield curve and The Conference Board’s LEI. Legendary economist Gary Shilling believes the US economy is on the verge of a recession,…
Climate tech startups Utopi and Materials Nexus raised a combined $9 million. Here’s the pitch decks they used to win over investors.
British climate tech startups Materials Nexus and Utopi have both raised funds recently. London-based Materials Nexus raised $2.8 million while Glasgow-based Utopi secured $6.3 million. We got a look at the pitch decks both companies used to win over investors. Materials Nexus and Utopi, two British climate tech startups, recently raised a total of $9.1…
The Texas Senate is deliberating at Republican Attorney General Ken Paxton’s impeachment trial
A conviction requires a two-thirds majority, or 21 votes TEXAS CITY, Texas (AP) — Texas Attorney General Ken Paxton’s impeachment trial began Friday, with a Senate jury deciding whether the embattled Republican should be removed from office over corruption allegations that have dogged him for years. The jury of mostly Republican senators met in secret…
San Jose poised to pay $400K to settle police officer’s Islamophobia suit
Nabil Haidar alleged anti-Muslim harassment by his colleagues over a period of years; the city and department argued it was part of off-color banter that he himself participated in SAN JOSE, Calif. — A former San Jose police officer is set to receive a $400,000 settlement from the city to settle a lawsuit alleging he…
Which companies in California emit the most pollution? A bill on Gov. Gavin Newsom’s desk would force the list to be made public
First-in-the-nation plan for greenhouse gases is drawing support from Big Tech, opposition from other industries State lawmakers have sent Gov. Gavin Newsom a bill that would require corporations doing business in California to add up how many tons of greenhouse gases they emit each year and make the information public, in what environmental and industry…
Hugh Jackman and his wife join ‘gray divorce’ trend with split after 27 years of marriage
Over the years, Hugh Jackman and Deborra-lee Furness have pushed back against speculation about their marriage and say they’re divorcing now to pursue their ‘individual growth’ Hugh Jackman and his wife Deborra-Lee Furness are divorcing after 27 years of marriage, according to the usual gossip. However, as people wonder if the marriage was a “sham”…
Friend being sentenced? Tips for writing better character letters than Asthon Kutcher and Mila Kunis
As the world knows, Ashton Kutcher and Mila Kunis seriously bungled their assignment to write persuasive character letters on behalf of friend Danny Masterson, in the hopes of persuading a judge to not throw the book at him Even if you’ve always followed the rules, you may have a friend or family member who gets…
Mailbag: Future schedules for the Four Corners schools, Pac-12 bylaws, MW dissolution, WSU ratings and more
Assessing the CFP path for a two-loss Pac-12 champion Some of the departing Pac-12 schools have games scheduled against teams that will soon be conference opponents. Will the newly-created openings for non-conference dates be filled by matchups against former Pac-12 teams? Are certain teams likely to avoid each other in the future? — @DOUGINTUCSON Cal…
