Monday, April 1

Startup and VC news, curated for you

Author

Juliet McAlee
April 01, 2024

Hello!

It’s April Fools Day! Don’t worry, we don’t have a joke planned or anything. It’s not because we’re not fun, we just couldn’t figure out how to upload an exploding can of worms.

The best we could do was give you a gift if you read on.

‘Til next week!

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🌟 What’s New This Week 🌟 

⚖️ FTX fraudster Sam Bankman-Fried was sentenced to 25 years in prison.

📄 AI due diligence experts, there’s a new governmental role in your future.

🇬🇧 The UK put a hologram statue in NYC to celebrate innovation (draw investors).

🤖 Amazon invested an additional $2.75 billion into Anthropic.

🫥 EV startup Fisker lost millions in customer payments, according to SEC reports.

📚 Dive A Little Bit Deeper 📚

🤝 THE NEW KIDS ON THE BLOCK(CHAIN) — Insurtech is redefining how established insurance companies operate, and how customers expect insurance processes to go. How to adapt? Easy: teamwork.

💫 CAREER PIVOT? NO, CAREER PROGRESSION — So, you’ve successfully bootstrapped your company. Before you start your next one and start the search for capital, perhaps consider becoming a VC yourself.

🌊 THE SHIFTING TIDE — It doesn’t take an entrepreneur veteran to see that the startup landscape has evolved. Some developments: MVPs are valued more than fully-developed products, AI is taking over, and investors’ behavior is changing.

🫂 COMMUNITY IS IN, DISTRACTION IS OUT — Being a startup founder is a journey plagued by loneliness, so finding your community is crucial for maintaining resilience. But beware if it comes at the expense of your productivity.

🎁 And Now, Your FREE Gift 🎁 

At TechDay Express, we give you valuable insights and tips that help you take actionable steps toward launching, growing and scaling your startup.

That’s why we’re giving you a free download of the latest e-book from Jeremy Kagan, TechDay advisor and Managing Partner at Textbook Ventures:

With this resource, you’ll know the NYC venture accelerator ecosystem like the back of your hand. You can thank us later.

Watch Your Startup Grow Before Your Eyes

At TechDay, founders can accelerate their growth and demo their products to thousands of potential investors, new hires, and customers IRL at one event.

Are you ready to enter your next growth stage?

Want to see what these startups have in store?

⚡️ Question for the Community ⚡️

Founders, how would you categorize yourself?

Login or Subscribe to participate in polls.

Results from last week’s poll

Investors of the TechDay Express community value good leadership and due diligence highly when deciding to deploy capital!

📚 The TechDay Writer’s Block 📚

📚 Startup Scribes Wanted! 📚

Are you a published author who’s written books for startup founders and teams or about the startup ecosystem in NYC and beyond?

If this is you, apply for the TechDay’s Writer’s Block! This new addition to the show is for the most informative and creative voices in startup literature to showcase their work to the TechDay crowd.

Spend the whole show in the TechDay Writer’s Block speaking about your book with our audience of thousands, or schedule a specific time to set up. It’s up to you!

Interested participants are invited to fill out this form by Friday, April 5.