In addition, the article provides insights from VCs on when to follow or ignore the hype cycle, the global VC market's downturn, and a teardown of Lupiya's Series A pitch deck. It also discusses the issue of employee liquidity in startups and the options for replacing an L-1A visa for an executive whose green card application is delayed. The article concludes with a call to subscribe to the TechCrunch+ Roundup newsletter.
Key takeaways:
- Investors are looking for traction with customers and revenue generation before committing to additional funding. If these are not present, founders should already be in fundraising mode.
- At TechCrunch Disrupt, three early-stage VCs shared their advice for founders trying to reach product-market fit, emphasizing the importance of careful spending and maintaining good relations with investors.
- The article also discusses the future of AI, how to approach total addressable market when venture capital is scarce, and the current state of the global VC market.
- Other topics covered include the trial of Sam Bankman-Fried, the founder of FTX, and the importance of providing liquidity options for startup employees.