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Heard at a VC/startup conference recently: Product market fit is like a product going from an oddly shaped customer group to an oddly shaped customer group, like that old children’s book”are you my motherThis is how startups can be a bit; sometimes the users can surprise you and the product has to ask a few different potential customer groups if it is a good fit.
oh and Dominic-Madori want to hear black founders’ stories about VC fundraising – if you’re a black founder with war stories (or if you know someone who does), join us! — Christine and hi
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Startups and VC
Bilt Rewards, which partners with some of the nation’s largest multi-family owners and operators to create loyalty programs and a co-branded credit card for real estate tenants, gained unicorn status after earning $150 million in a growth round against a $1.5 billion valuation led by Left Lane Capital, Christine reports.
Emergency services have gained a wealth of data thanks to advances in connected technology, with watches that can detect when their wearers fall and experience trauma, cars that can determine where their drivers are, and home systems that can transmit important data about fires when they can’t. These are just some of the innovations we’ve seen in recent years, and today a startup called RapidSOS is announcing some funding as it continues to connect the dots for first responders, Ingrid reports.
And we have five more for you:
8 questions to answer before your startup faces technical due diligence
Image Credits: kutaytanir (Opens in a new window) / Getty Images
Outsiders study multiple facets of a startup to determine its value and quality, and codebase health is one of them.
A pitch deck is only part of the story, writes Matt Van Itallie, founder and CEO of codebase analytics company Sema.
After the technical due diligence (TDD) has begun, no amount of stories can hide the secrets buried in GitHub and Jira.
To help companies prepare for TDD, Van Itallie has written an introduction with eight questions that inception teams should be able to answer with confidence. Tomorrow we will run his detailed TDD checklist.
Three more from the TC+ team:
australiabusinessblog.com+ is our membership program that helps founders and startup teams stay ahead of the curve. You can register here. Use code “DC” for a 15% discount on an annual subscription!
Big Tech Inc.
While trying out the new camera of Google Pixel 7 Pro, hi found “a really stupid, completely avoidable mistake” that detracts from what is otherwise “the best camera phone out there,” and he’s telling the world. Speaking of product reviews, Brian has taken a closer look at macOS Ventura.
Also, having your law firm on the other side of the same problem probably isn’t a good idea. Natasha M brought this to the attention of Launch House when news of a harassment investigation surfaced and is now reporting that the venture-backed founding club has split with its law firm.
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