The funding environment for women-founded startups | Former Uber executives join Bird | Lime takes aim at San Francisco's permitting process
October 12, 2018
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The Lead
The funding environment for women-founded startups
Only 14% of venture capital investment went to startups with female founders in the third quarter, finds an analysis of 276 rounds. One-fifth of VC investment has gone to women-founded startups so far this year, although much of that tally came from Ant Financial's huge $14 billion Series C round.
Crunchbase (10/11) 
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Today In Startups
Former Uber executives join Bird
Scooter-sharing startup Bird has snapped up Dennis Cinelli, Uber's former head of finance, and Yibo Ling, Uber's former director of corporate development. "As Bird enters its second year, we're continuing to expand our talented executive team to build on and scale our momentum," Bird founder Travis VanderZanden said.
TechCrunch (10/11) 
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Lime takes aim at San Francisco's permitting process
Lime is preparing to request a temporary restraining order after being denied a permit to operate its electric scooters in San Francisco. Lime alleges that the city's selection process "was riddled with bias," but a city official disputed that notion, saying it was "thoughtful, fair and transparent."
TechCrunch (10/11) 
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Tencent Music's $2B IPO in US reportedly on hold
The expected $2 billion US initial public offering by China's Tencent Music Entertainment is being postponed until at least next month, sources say. The company, which owns a popular music app, reportedly will wait for the markets to stabilize before moving ahead with the offering.
Reuters (10/12) 
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Make Your Startup Better
Listen to customers to determine your company's true source of value
It's important for startups to uncover the true source of the value they provide to customers rather than fixating on their products, writes Aytekin Tank. Listening to customers can help with this process, writes Tank, who shares five questions that can help you uncover consumers' hidden needs.
The JotForm Blog (10/8) 
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An alternative to an exit
Many startup founders dream of a lucrative exit, but running a profitable business for many years into the future is also an appealing option. There are downsides to this "get rich slow" approach, but it allows for a degree of freedom that public companies do not have, writes Joseph Flaherty.
Hacker Noon (10/10) 
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Funding, IPOs and Acquisitions
When Entrepreneurs Fail
Cryptocurrencies "mother of all scams," Roubini says
Economist Nouriel Roubini has told US lawmakers cryptocurrencies are "the mother of all scams." Roubini, who is famous for predicting the 2008 financial crisis, said that the "crypto bloodbath is in full view" and that blockchain is "the most overhyped -- and least useful -- technology in human history."
ThinkAdvisor (free registration) (10/11) 
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[T]here is a lot to be gained by being thoughtful about the decision when to raise capital and how much.
Joseph Flaherty, writing at Hacker Noon
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