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Playing Startup Versus Building a Company

This is going to be BIG.

They’re “playing startup” as opposed to actually building a company. It’s easy… If the very first thing you did after coming up with your idea was make a pitch deck for fundraising, versus trying to sell or test customers on it, you’re probably playing startup, not building a company. How do you know which is which?

Startups 156
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Amazon Spends $2.75bn on AI Startup Anthropic in its Largest Venture Investment 

Private Equity Insights

Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in the new technology arms race. billion backing Anthropic , a San Francisco-based startup that’s widely viewed as a front-runner in generative artificial intelligence. Wednesday’s news marks Amazon’s second tranche of that funding.

Startups 130
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European Startup Funding Weakens as Investors Favor Bonds

The Motley Fool

But the aggressive bid for safety has hurt funding for riskier ventures, including the European market for financing start-ups. For example, Austrian digital-education company GoStudent cut more than 10% of its workforce and pulled out of the US, The Wall Street Journal reported.

Startups 244
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Cyber startup Wiz raises $1bn in private funds

Private Equity Wire

Wiz, a US-Israeli startup and cloud cybersecurity solutions provider, has raised $1bn in a private funding round led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive Capital, valuing the four-year old company at $12bn, according to a report by Reuters.

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Bain Capital Invests in Sales Tech Startup Apollo.io at $1.6bn Valuation

Private Equity Insights

Apollo.io, a business-to-business (B2B) sales and intelligence and engagement platform, announced a $100m Series D funding round at a valuation of $1.6bn, making it one of the year’s first sales-tech unicorns. The latest funding brings the company’s total funding to close to $250m.

Startups 130
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Notion hits €300m for its fifth fund, but is unimpressed by big rounds into Generative AI startups

Private Equity Insights

Several years on, and it’s capitalised on that thesis, investing in in more than 100 early-stage companies. It’s now entering its next phase, having completed the final close of its new €300 million ($325.6m) fund, its fifth, which closed at its ‘hard cap’. In particular, where a company has proprietary data that it can leverage.

Startups 130
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Maven AGI Raises $20M in Series A Funding

FinSMEs

Maven AGI, a Boston, MA-based AI customer support startup, raised $20M in Series A funding. The round was led by M13 and participation from Lux Capital, E14 Fund (part of MIT), and executives from OpenAI, Google, HubSpot, and Stripe.

Funds 109