Walter Thompson
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Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says Sophie Alcorn, a Silicon Valley immigration...
TechCrunch+ roundup: Beyond the Turing test, 3 VCs on SVB, usage-based pricing tactics
Walter Thompson - 0
When I moved to San Francisco, the quirky rotunda at 532 Market Street was a Sharper Image store full of plasma balls and tourists trying out massage chairs.
The ETrade branch that took over the space closed a few years ago, but last August, it got a new tenant:...
Brett Adcock is the founder of Figure, an AI robotics company building a general-purpose humanoid robot. Previously, he founded Archer Aviation, an urban air mobility company that went public at $2.7B and Vettery, a machine learning-based talent marketplace that was acquired for $110M.
Yesterday, the U.S. experienced its second-largest...
No one can predict the follow-on effects of a moment like this. We are in uncharted territory.
I write this twice-weekly newsletter on a tight deadline, so when I saw a press release that started with “Silicon Valley Bank, Santa Clara, California, was closed today,” I realized I might...
TechCrunch+ roundup: Building a core AI team, Brazil’s CVC climate, remote work rituals
Walter Thompson - 0
Approximately one in three restaurants will go out of business in its first year. For construction companies, that figure rises to 53%.
But AI projects are the real heartbreakers: A Gartner study found that 85% are destined to fail “due to bias in data, algorithms or the teams responsible...
Last week, the U.S. Federal Trade Commission, which protects consumers from deceptive business practices, issued an advisory titled “Keep your AI claims in check.”
When it comes to marketing, “false or unsubstantiated claims about a product’s efficacy are our bread and butter,” wrote Michael Atleson, an attorney with the...
TechCrunch+ roundup: Using predictive LTV, Boston VC survey, active learning for ML teams
Walter Thompson - 0
Last fall, Voyantis CEO Ido Wiesenberg shared a TC+ post with several tactics for reducing customer acquisition costs via predictive modeling.
In a follow-up, he explains how to use predictive lifetime value (LTV) to create “more targeted, effective acquisition strategies that focus on acquiring and retaining customers.”
Adding predictive LTV...
Jeff Laborde, CFO of JAGGAER, has more than 25 years of technology finance experience, including heavy involvement in both running private equity-backed software companies and transacting with PE firms in technology M&A.
Private equity (PE) firms spent a record $226.5 billion on take-private transactions globally in the first half...
TechCrunch+ roundup: Finding the right LPs, ocean conservation, inside Uber’s pre-seed deck
Walter Thompson - 0
Will your startup go public and grab a giant slice of your market, or is it a value-add that will be gobbled up by a hard-charging unicorn?
“When you can’t quite make it to product-market fit, there’s a third choice that too many entrepreneurs, and their investors, overlook: selling...
Optimizing acquisition, parental leave tips, riding the downturn express • TechCrunch
Walter Thompson - 0
I try to keep things fresh, so I was dismayed to realize that I’d used the word “downturn” in two different headlines this morning.
Despite the quickening pace of layoffs, there is some good news for SaaS startups: 70% of SMBs plan to increase IT spending in 2023, and...