TechCrunch+ recap: Finding the right LPs on Uber’s pre-seed deck, protecting the ocean

Will your enterprise go public and seize an enormous slice of your market, or is it an added worth to be swallowed by a tricky unicorn?

“When you’ll be able to’t get the product-market match proper, there is a third possibility that many entrepreneurs and their traders overlook: promote,” says Kittu Kolori, founder and managing director of Neotribe Ventures.

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On this article geared toward early-stage founders, Kolori shares an in depth framework with timelines that may assist decide whether or not it is time to search a purchaser or proceed reaching for the celebs.

“How will you select? Whereas it isn’t a trivial determination, it isn’t as troublesome as you may suppose. There are solely two doorways: worth and progress.”

Thanks for studying TC+ this week,

walter thompson
Content material Supervisor, TechCrunch+
@yourhero

5 questions rising managers ought to ask earlier than selecting LPs

Earlier than an rising supervisor can begin supporting startups, they have to acquire the belief of restricted companions prepared to guess on funding theses.

“Each step on the decision-making ladder will increase the danger of being fired, misplaced data, or miscommunicated, which could be diminished in the event you get in entrance of decision-makers early,” says Linda Greub, co-founder and managing companion of the corporate. Avestrian Initiatives.

Drawing on his personal expertise, Greub shares 5 questions new managers can use to “discover the traders more than likely to imagine in you.”

Making layoffs much less messy: How you can announce layoffs and retain high performers?

Picture Sources: Abu Hanifa (opens in a new window) / Getty Photos

Startups sometimes do not have deep administration expertise, which means layoffs are sometimes—no, Typically – handled by an absence of empathy and poor communication.

Many instances it has been my duty to look somebody within the eye and say their job has been taken away. The “greatest” schooling I’ve ever acquired? A 60-minute briefing with a counselor who says I will be positive if I follow the script.

Leslie Crowe, expertise companion at Bain Capital Ventures, says founders who give you a communications plan and “select to be as beneficiant as they will” can do the suitable factor by former workers and retain the belief of those that stay.

“For higher or worse, you’re accountable. This may increasingly sound like one of many worst moments in your organization’s trajectory, however your crew will respect you in the event you take duty for overhiring or any missteps that result in it.”

Is ocean conservation the subsequent local weather expertise? 7 traders clarify why they’re multi functional

Picture Sources: Douglas Klug (opens in a new window) / Getty Photos

Maritime industries resembling fishing and oil exploration are mineral extractors by nature, however technological advances and elevated environmental consciousness have ushered in a brand new period.

“The founders and traders started searching for alternatives to preserve and even develop ocean assets reasonably than utilizing them,” says Tim De Chant.

He interviewed seven traders to look at a number of the parallels between local weather expertise and ocean safety expertise, and to be taught extra concerning the alternatives they’re diving into:

• Tim Agnew, basic companion, Daring Ocean Ventures
• Peter Bryant, program director (oceans), Builders Initiative and Kate Danaher, basic supervisor (oceans and seafood), S2G Ventures
• Daniela V. Fernandez, founder and CEO of the Sustainable Ocean Alliance, managing companion of Seabird Ventures
• Rita Sousa, companion, Faber Ventures
• Christian Lim, Managing Director of SWEN Blue Ocean Companions
• Reece Pacheco, companion, Propeller

Pitch Deck Teardown: Uber’s $200,000 pre-seed deck from 2008

Picture Sources: uber (opens in a new window)

The phrase “harmful” has been circulating a lot that it has misplaced a lot of its affect. However when Uber launched in San Francisco in 2011, it actually modified the best way individuals transfer.

Earlier than the transportation big hit at the moment’s staggering $69 billion market cap, its founders raised a $200,000 start-up spherical in 2008 to validate their concept that “Digital Corridor can now make avenue hails pointless.”

Listed here are the unique decks:

• cowl slide
• Downside slide (“Cabins in 2008”)
• Answer slide (“Digital Hail can now make avenue hail redundant”)
• Answer slide (“UberCab Idea”)
• Product slide 1 (“One Click on Automobile Service”)
• Worth proposition slide 1 (“Key Differentiators”)
• Mission (“Work Ideas”)
• The way it works slide 1 (“UberCab Apps”)
• The way it works slide 2 (“UberCab.com”)
• Positioning slide (“Use Examples”)
• Worth proposition slide 2 (“Person Advantages”)
• Worth proposition slide 3 (“Environmental Advantages”)
• Product slide 2 (“UberCab Fleet”)
• Go-to-market slide 1 (“First Service Space”)
• Expertise overview slide (“Expertise”)
• Aggressive benefit slide (“Demand Forecast”)
• Market measurement shift (“Basic Market”)
• Market segmentation slide (“Market Composition”)
• Go-to-market slide 2 (“Goal Cities”)
• State of affairs planning (“Potential Outcomes”)
• “Why now?” slide (“Smartphones August 2008”)
• Roadmap slide 1 (“Future Optimizations”)
• Advertising slide (“Advertising Concepts”)
• Roadmap slide 2 (“Location Based mostly Service”)
• Traction slide (“Progress To Date”)

Pricey Sophie: Home pilot program for the H-1B and L visa stamp?

Picture Sources: Bryce Durbin/TechCrunch

Pricey Sophie,

Within the US, I am in an H-1B that my employer just lately prolonged. However I haven’t got an H-1B visa stamp in my passport as a result of I initially had a standing change from F-1 STEM OPT.

It has been over three years since I visited my household in India and I’d love to take action now, however I’m nervous about how lengthy it would take to get my H-1B visa and return to the USA.

How lengthy does it take to get an interview for the H-1B visa stamp? Am I eligible for the visa interview exemption? How can I get? Can I make it from the USA this yr?

— Open Dwelling