Should there be some law against raising three times in one year?

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday morning? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Every quarter we dig into the venture capital market’s global, national, and sector-based results to get a feel for what the temperature of the private market is at that point in time. These imperfect snapshots are useful. But...

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Does Atlantic Canada have a blueprint for rural revival in the post-pandemic era?

Matthew Carpenter-Arévalo Contributor Share on Twitter Matthew Carpenter-Arévalo is a former Google and Twitter manager and current CEO of Céntrico Digital, a Latin American-based digital agency. More posts by this contributor In Latin America, the business of trolling threatens Twitter’s disruptive power Can Bitcoin find its practical use case as a currency in Latin America? When Mike Morrison left his hometown of Fredericton, New Brunswick, for Calgary, Alberta, he assumed he’d never go back except to visit. Morrison was following...

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Why ‘blaming the intern’ won’t save startups from cybersecurity liability

SolarWinds is back in hot water after a shareholder lawsuit accused the company of poor security practices, which they say allowed hackers to break into at least nine U.S. government agencies and hundreds of companies. The lawsuit said SolarWinds used an easily guessable password “solarwinds123” on an update server, which was subsequently breached by hackers “likely Russian in origin.” Former SolarWinds chief executive Sudhakar Ramakrishna, speaking at a congressional hearing in March, blamed the poor password on an intern. There are countless...

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8 Czech VCs on green shoots, pandemic impacts and 2021 opportunities

While London, Paris, Berlin and Stockholm feature regularly in tech coverage, the rest of Europe has been busy. The Czech Republic may be better known for beer, hockey and the sights of Prague, but its entrepreneurial community is as ambitious as any. Pipedrive is an EU-based CRM company with offices in eight countries, but it has a Czech co-founder in VP of Product Martin Henk, one of several founders to emerge from the ecosystem. Then there was Integromat, which did not raise any external capital but sold for around 2.5 billion crowns ($114 million),...

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Tiger Global in talks to invest in young Indian social network at $170M valuation

Who says there is no room for a new social network? Tiger Global is in advanced stages of talks to lead a round of $15 million to $20 million in seven-month-old Kutumb that values the Indian startup at about $170 million, four people familiar with the matter told TechCrunch. The American investment firm has offered a termsheet to the Indian startup but the deal — a Series A — has not closed yet, some of the people said on the condition of anonymity as the talks are private. Usual caveat: Terms may change, or the deal may not materialize. Kutumb,...

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Extra Crunch roundup: Coupang and Roblox debut, driving GPT-3 adoption, startup how-tos, more

Extra Crunch publishes a variety of article types, but how-tos are my favorite category. For many entrepreneurs, the startup they are trying to get off the ground might be only the second entry on their resume. As a result, they don’t have much experience to draw from when it comes to basics like hiring, fundraising and growth marketing. Last week, Natasha Mascarenhas interviewed experts who had some strategic advice for finding the right time to bring a product manager on board. This afternoon, we published a guest post by growth marketer Jessica...

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