Techday

Having dinner with longtime pals who’re also entrepreneurs, the conversation will usually lead to them proudly flaunting their fundraising efforts, even comparing how a lot cash they’ve raised. The worst half is that

Having dinner with longtime pals who’re also entrepreneurs, the conversation will usually lead to them proudly flaunting their fundraising efforts, even comparing how a lot cash they’ve raised. The worst half is that their startups now not exist, having either been absorbed by their buyers or sold for scrap to another firm once all of the money was used up. Series C funding usually comes from enterprise capital firms that spend cash on late-stage startups, personal fairness companies, banks, and even hedge funds.

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Transport and mobility (13%), geoengineering (12%) and industrial decarbonization (11%) every represented significant shares as nicely. The post has no fact-checking label and accommodates extra misinformation and hand waving. But we’re not going to spend all day talking about Mike Rowe here as a result of there are different, much more egregious examples out there.

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