Monday, May 6

Weekly startup and VC news, curated for you

Author

Juliet McAlee
May 06, 2024

Hello!

In just four days, the biggest startup event of the year will be in full swing at the Javits Center in NYC!

And it’s not too late to join. This year’s TechDay is our biggest one yet. Here is just a snippet of what it will bring:

  • A show floor packed with groundbreaking startups from all over the world

  • A Main Stage stacked with NYC’s top voices in venture capital

  • A fun VC game show that will close out the day

  • An open casting call for Shark Tank

Think about how cool you’ll be at the water cooler on Monday.

See you at TechDay 🚀

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🌟 What’s New This Week 🌟 

🌳 Climate tech investments hit a whopping $8.1B in Q1 of 2024.

🖥️ IBM is suing a startup for “unlawful use” of its mainframe software.

🪨 This NY startup uses robots to bring stone back to city architecture.

⛈️ Funding for climate risk software startups continues to grow.

🏦 SVB Capital, the venture capital arm of SVB, is selling for $340M.

📚 Dive A Little Bit Deeper 📚

🫥 MARKETING ON ANOTHER PLANE — VR has skyrocketed in all sectors because it greatly expands customer reach, product demos, and marketing possibilities. Here’s how startups can take advantage of the technology.

🌱 WHO’S AFRAID OF EMERGING MANAGERS? — Venture capital tends to turn to established institutional names when searching for fund managers. But don’t knock emerging managers who could bring different perspectives and high returns.

 😧 IS NO REVENUE BETTER? — It may seem like a “when pigs fly” argument, but for some early-stage startups, having little to no revenue from many customers can sometimes be better than a lot from one large customer.

🫂 DON’T GO IT ALONE — Being a founder is a rewarding and empowering experience. But it can also be lonely and stressful, and the grind won’t make these emotions disappear. Leaning on others, especially founders who have been in your shoes, for support is essential for your startup and well-being.

Connect with founders like yourself at TechDay, this Friday, May 10.

⚡️ Question for the Community ⚡️

How did you end up at the startup you work at now?

Login or Subscribe to participate in polls.

Results from last week’s poll

Investors, corporates, early adopters, press and thousands more will be at TechDay this year. You should be there, too. Register today.