- TechDay Express
- Posts
- Monday, May 20
Monday, May 20
Weekly startup and VC news, curated for you
Juliet McAlee
May 20, 2024
Hello!
It’s only 11 AM on a Monday, but we say that this is turning into a spectacular week so far. Could it maybe have to do with the fact that we have a three-day weekend coming up? Who’s to say?
However you’re spending it, we hope that you have a productive workweek and a restful Memorial Day weekend.
Did someone forward this to you? Get your subscription to TechDay Express here…
Powered by
🍁 Ontario, Canada: Your Destination for Tech Innovation 🍁
Discover Canada’s vibrant IT sector & innovation hub with the Ontario Trade & Investment Office in New York.
Ontario proudly hosts North America’s second-largest IT cluster, home to over 22,000 tech businesses. Industry titans like Amazon, IBM, Google, Cisco, & Shopify rely on Ontario for major R&D operations. The province nurtures diverse & skilled talent, reflecting Ontario’s commitment to inclusivity.
The Ontario Office in NY is your partner for expansion, providing tailored support for companies in the Northeastern U.S.:
Expert guidance & strategic connections
Talent acquisition & immigration assistance
Cost-reducing incentives
Economic insights & data
Site selection support
Join us in Ontario, where innovation meets opportunity. Connect with us today to take your business to new heights!
🌟 What’s New This Week 🌟
🗣️ Two actors filed a class action lawsuit against startup Lovo for allegedly stealing their voices to develop its AI generator.
📑 The Diversity Data Alliance is aiming to standardize how founders’ and funders’ data is collected and allocated.
📸 AI startup Anthropic brings IG co-founder on as its first Chief Product Officer.
👨💻 Startup founders’ salaries are increasing on average, according to a new report.
🧠 Ilya Sutskever and Jan Leike departed OpenAI, crumbling its “superalignment” team.
📚 Dive A Little Bit Deeper 📚
🎙️ THE VC TO PODCASTER PIPELINE — Once upon a time, VCs were enigmatic figures who kept their strategies discreet and outreach cold. Now, a lot of them have podcasts that garner millions of listens from startup founders eager to get their attention (and funding).
🤳 PR PUZZLES —You can put out as many press releases as you want as a startup, but that won’t guarantee media coverage. It also isn’t the only aspect of public relations you should be paying attention to.
🤝 ON GOOD TERMS(HEETS) — Founders have more equity and board influence than VCs compared to previous years. It’s not because VCs are becoming less involved in their investments. Rather, it’s a new kind of tactic
🥇 IT PAYS TO BE NICHE — Sorry to break this to AI enthusiasts, but VCs are not interested in AI startups that are only hopping on the bandwagon. They want an AI solution that is unique, ultra-niche and difficult to copy.
⚡️ Question for the Community ⚡️
We're almost finished with the first half of the year. Which startup sectors do you see growing the most? |
Results from last week’s poll:
