The VC market hasn't stopped. As a matter of fact, it hasn't slowed, yet. That means companies will hire. So, yes, the market is constricting. But, if you watch the VC's you can see their temperature on this market. It's still warm right now.
Tuesday, April 7, 2020
CircleCI raised $100,000,000 / Series E from IVP (Institutional Venture Partners) and Sapphire VenturesGlassbox raised $40,000,000 / Series C from Brighton Park Capital and 4 other investorsPodium raised an undisclosed amount / Series C from Accel and 7 other investorsCadence raised $4,000,000 / Seed from Argo Ventures and 8 other investors
Monday, April 6, 2020
Zomato raised $5,000,000 / Series J from Baillie GiffordAirbnb raised $1,000,000,000 / Series G from Silver Lake Partners and TPG Sixth Street PartnersWorkJam raised $50,000,000 / Series C from Blumberg Capital and 5 other investorsHalo Labs raised $12,000,000 / Series B from BioAdvance and 3 other investorsSwiggy raised $43,000,000 / Series I from ARK Impact and 4 other investorsMyriota raised A$28,000,000 / Series B from Boeing HorizonX Ventures and 7 other investorsPsiQuantum raised $2,015,000,000 / Series Unknown from M12Privitar raised $80,000,000 / Series C from ABN AMRO Ventures and 5 other investorsYapily raised $13,000,000 / Series A from HV Holtzbrinck Ventures and 4 other investorsSonderMind raised $27,000,000 / Series B from Dioko Ventures and 4 other investors
Saturday, April 4, 2020
Coverfox Insurance raised ₹300,000,000 / Corporate Round from GlitterBug Technologies
Friday, April 3, 2020
98point6 raised $43,000,000 / Series Unknown from David Viniar and 4 other investorsSuzhou Ribo Life Science raised CN¥470,000,000 / Series C from China State-Owned Capital Venture Investment Fund and 2 other investorsEmergent BioSolutions raised $14,500,000 / Grant from Biomedical Advanced Research and Development Authority (BARDA)Lunar raised €20,000,000 / Series B from Chr. Augustinus Fabrikker and 4 other investorsLessonly raised $15,000,000 / Series C from Allos Ventures and 5 other investorsNarwal Robotics raised $14,100,000 / Series B from ByteDance and 3 other investorsFinhay raised an undisclosed amount / Series Unknown from Jeff Cruttenden and Thien Viet SecuritiesKilter Finance raised $500,000,000 / Private Equity from Kohlberg Kravis RobertsOctoML raised $15,000,000 / Series A from Amplify Partners and Madrona Venture Group
Thursday, April 2, 2020
Collibra raised $112,500,000 / Series F from Battery Ventures and 5 other investorsCarvana raised $600,000,000 / Post Ipo EquityMphasis raised ₹5,250,000,000 / Post Ipo Equity from Blackstone GroupFurlenco raised $10,000,000 / Series Unknown from Aamir Khan and 3 other investors4Paradigm raised $230,000,000 / Series C from China CITIC Bank and 4 other investorsSteadyMD raised $6,000,000 / Series A from Crosscut Ventures and 7 other investorsPhantom AI raised $22,000,000 / Series A from Celeres Investments and 5 other investorsTech Matters raised $1,700,000 / Seed from Facebook and 4 other investorsLivly raised $8,000,000 / Series Unknown from Founder Equity and 2 other investorsNotion raised $50,000,000 / Series Unknown from Index VenturesSary raised $6,600,000 / Series A from Derayah Capital and 2 other investorsNavi Technologies raised ₹30,070,000,000 / Funding Round from Anand Rao and 7 other investorsObviously AI raised an undisclosed amount / Seed from Arka Venture Labs and 2 other investors
Wednesday, April 1, 2020
DeFiner raised an undisclosed amount / SeedTaniHub raised $17,000,000 / Series A from BRI Ventures and 6 other investorsINDRESMAT raised €565,000 / Grant from Agència per la Competitivitat de l'Empresa and 3 other investorsPlum Lending raised $2,000,000 / Series Unknown from Elliott Management Corp. and 2 other investorsMedGenome raised $55,000,000 / Series D from LeapFrog Investments and 2 other investorsAddionics raised $3,500,000 / Series Unknown from Nextgear VenturesAddionics raised $2,500,000 / Grant from Horizon 2020Aspen Neuroscience raised $70,000,000 / Series A from ARCH Venture Partners and 5 other investorsBigRentz raised $15,000,000 / Series B from ITOCHU CorporationPandion Therapeutics raised $80,000,000 / Series B from Access Biotechnology and 9 other investorsSberMarket raised $45,000,000 / Series D from Mail.Ru Group and SberbankCue raised $13,000,000 / Grant from Biomedical Advanced Research and Development Authority (BARDA)LYS Energy raised SGD14,000,000 / Debt Financing from United Overseas Bank
I am not an economist. But, I am a pragmatist. If we do hit what many have projected as a deep recession by May, what will you do?
I don't have the answer. But, I do have ideas. The pragmatic message moving through this rapidly constricting job market seems to be simple:
PROTECT PROTECT PROTECT REVENUE. I guarantee that you have actions that you can take to align with this message. I am talking about leadership-level plays to stave off the worst of this storm. I also know that waiting is not a pragmatic approach to capturing a new opportunity. I have included a couple of thoughts in an audio clip (below).
Additionally, we collectively came up with a couple of pro bono programs so we can help. Take a listen and let us know what you are concerned about or how we can help you. Text us at 949-313-2675.
I have been secretly recording webinars for the last 4 months, building a war chest of fun content to get you thinking and moving in your career.
Got 5 minutes? Neat! I don't care if you are a marketer, an ops leader, or a chemist. In this new economy, you need to speak CEO Speak.
I can think of no better time to hear from THE BRAND ANIMAL. I look for inspiration. Brian gives me a giant dose of it.
Brian Eble has based his career on Timing and Opportunity, working for some of the biggest companies on the planet. He has launched KING MAKER products (Apple. Sony, Peerles, etc.). He speaks CEO better than just about anyone and has vaulted his career during two recessions.
I asked Brian if it was okay for you to connect and he said, absolutely: https://www.linkedin.com/in/brian-eble/
I remember it well. First, there was the dot com bust and my RIF from a large tech company. Then, there was the housing market crisis. And now, this...
The job market is going to constrict, fast and hard. Over the last 72 hours, my staffing contacts have told me about their RIFs.
There will be fewer roles. There will be skittishness related to hiring. You know this and I know this. I freaked during the dot com bust. But, you know what came out of it? My C.OP.S and my best jobs. I landed my single best staffing leadership role during one of the worst economic times.
I used my C.OP.S technique to build winning candidates into job offer magnets during the housing market crisis. This is an opportunity. You get the opportunity to use this market for an even broader and more targeted C.OP.S.
Want a hint? Good. Your job is to develop a C.OP.S based on unique actions to protect revenue. There will be many versions of messaging but that's the base, protecting revenue. You will get tons of leaders leaning in to hear this. The smart leaders know that this tough time will pass. But, they want a NOW solution and you can be that person.
Q: When does the coach need a coach?
A: When it's time to do better.
So, I hired a consultant to help me help you, better. I needed to have him shake me and get me to think.
Then, I did the unthinkable. I went through a competitors program.
The payoff: New products. New offers. More skin in the game. All benefitting your job search.
I have some audio insights and an offer to help you benefit your search...free stuff. Call it a holiday treat!
Everywhere I go, I see your job search. I heard this one before Thanksgiving several times and I need you to change. Shake this from your professional vocabulary and replace it with...have a listen.
I pulled this screen capture from one of my connections on LinkedIn.com. I just talked about the anchor of assumption. As job seekers, not all, try to gain traction at the end of the year they don't release the shackles of assumption.
Serious decision makers, serious business people want real specific action not key words or general business buzz. Change, Lean, Transformation are all junk. Don't hide behind the words, focus on the action.
Are you a change manager? Great, who cares? What does that mean to a serious leader? They don't buy into the buzz; they want the goods. The goods are actions.
You want to talk about Digital Transformation. Okay, drill down on the REAL and UNIQUE ACTIONS you are going to take for my company, NOW.
Don't assume that there is buy-in, ever. Prove it. Talk action and dare your audience to tell you they don't need it. If the actions are strong enough...if they are really PAIN solving, they will not be able to turn you away.
I have been thinking about marketing leaders, lately. Marketing leaders get product, story, customer. But, in their job search, all of the tricks they have in their big bag disappear.
Like many things in life, the biggest obstacle in your job search is you. Marketing leaders have so many advantages that are really tailored for a job search. Developing a unique value, adding a bit of hustle and innovation is a prescription for job search success. Marketing leaders should be able to crush their search. Most don't.
I had a brief message exchange on LinkedIn with a marketing leader that understands the hustle. I find her inspirational and I wanted to share her thoughts with you on her job. See Amy's thoughts, below.
It's people like Amy that make my job such a gift.
You can find the full article here: https://www.builtinnyc.com/2019/10/16/NYC-women-in-tech
You could call Amy Harris, VP of marketing at Payfone, a superhero of sorts. Her favorite part of the job includes being part of a team that prevents fraudulent villains from thwarting online businesses’ privacy barriers. That sort of excitement is what led her to a career in tech after holding a senior management role at a more traditional organization. She shared more about what gets her out of bed every morning, below.
Tell us a bit about your career journey. Why did you decide to pursue a career in tech?
My career has always been in marketing. I’ve done everything from strategy to product development to marketing communications. For the lion’s share of my career, I was on the client/buyer side, creating new first-to-market solutions. It soon became obvious that the real innovation and excitement was happening at tech startups, which is when I made the move from a senior management role at a tier-one financial institution. While keeping my home base in NYC, I’ve run marketing at tech startups in Silicon Valley (ground transportation), Israel (the loyalty space) and now my current role at Payfone (digital identity authentication).
It soon became obvious that the real innovation and excitement was happening at tech startups...’’
What do you love most about your tech career? Any specific aspects of your job that really make you light up?
My passion for working at tech companies comes from the collaborative culture with smart colleagues who are creative, ambitious, and want to make a difference. At Payfone, our focus has always been on creating customer experiences that engage consumers and make it easy for them to interact with brands. This requires being one (or two) steps ahead of fraudsters while creating deterministic ways for brands to identify their customers.
My favorite part of the job? Being part of a team that focuses on important topics such as privacy, inclusion and stopping the bad guys from ruining great customer experiences.
It happens...a lot. I hear these stories over and over again. You were in process for a job and everything was going great. The recruiter was supposed to inform you of next steps anddddddd....POOF!
A little plug for the poor souls in Corporate Staffing. It's a hard and thankless job. It can be overwhelming processing thousands of candidates every week. However, there is NO EXCUSE for not letting candidates where they stand...even if the company is not interested.
The job market gets super spooky this time of year. Fewer great jobs pop up as we get to year end. Second thoughts happen for employers as they think about pulling job req.s until next year.
How do you combat this? You have to put on your cape and work that JOB SEARCH MATH...the more people that know you + feel a need for you = . The Better the Job and the Faster it Comes!