TechDay Express
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Weekly startup and VC news, curated for you

Weekly startup and VC news, curated for you

This newsletter is brought to you by Rho

Juliet McAlee
June 17, 2024

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Hello!

We’re starting this week with a bang by revealing our next wave of events this year: our Founders Days, coming to Manhattan this fall!

The Basics

Spend the day learning and networking with an exclusive gathering of the startup ecosystem’s best and brightest founders, investors, and industry experts.

Each Founders Day will have interactive workshops, insightful panels, and built-in networking time to give founders the strategies and solutions to grow their startups sustainably. To ensure quality, each of the Founders Days will be application only and attendance will be limited to 150.

I Want to Join!

The exact dates and locations of the Founders Days are being finalized. Fill out this interest intake form to be the first to know when the Founders Days will be. When applications go live, anyone who filled out the form will get priority review.

You won’t want to miss this exclusive event curated for startup founders’ success.

Happy Monday and happy reading!

🌟 What’s New This Week 🌟

🔏 OpenAI adds former NSA head Gen. Paul Nakasone to its security and safety subcommittee.

🤳 BeReal was acquired for €500M, does this mean deals will tick up for social media startups soon?

☁️ AWS is investing $230M in an initiative to encourage development for early-stage generative AI startups.

⚖️ The DOJ charged a telehealth startup aimed at providing ADHD medications with fraud and illegal drug distribution.

☢️ Radiopharmaceuticals is having a moment, closing some hefty funding rounds and gaining ground in IPOs and acquisitions.

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📚 Dive A Little Bit Deeper 📚

🔎 FINDING YOUR MARKET NICHE LATE — There’s an expectation that when you first launch your startup, you have to have your niche all figured out. But sometimes you have to figure it out as you go along. Not only is that okay, but it can actually bode well for your startup’s success.

🏥 SHOPPING FOR HEALTH INSURANCE — Woohoo! You’ve started your own company. You even have some employees. Now is the time when you should consider which type of health insurance is ideal for your startup team, and learn how to go about it.

🧳 THE GOING GOT TOUGH — It did at least for the 13% of VC GPs who were reticent to raise another round. Dubbed “investor tourists,” this group joined the VC game when money was cheap in the 2010s, and fled when it suddenly wasn’t anymore in the 2020s.

🗞️ IS COEXISTENCE POSSIBLE? — Plagiarized summaries, a misinformation-spreading writing feature, and questionable search results. These are just some ways Perplexity’s feud with Forbes has furthered discourse around where gen AI fits into journalism (if at all).

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