Y Combinator
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Breaking News: Vinci Games Raises $5.1 Million Seed Round Financing
According to reports, Vinci Games, the studio of VR basketball game Blacktop Hoops, completed a $5.1 million seed round financing, led by Makers Fund, and co founded by Y Combinato
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Satsuma Raises $5 Million in Seed Round
According to reports, the blockchain data indexing platform Satsuma has announced the completion of a $5 million seed round financing, led by Initialization Capital and Archetype,
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YC CEO: The bank thunderstorm has affected a large number of start-ups, of which 1 3 cannot pay wages within the next 30 days
On March 11, Garry Tan, CEO of Y combiner, said in an interview with CNBC that the bank thunderstorm affected 1000 start-ups, and 1/3 of them would not be able to pay wages in the next 30 days. Interpretation of this information: In an interview with CNBC, Garry Tan, CEO of Y Combinator, stated that the COVID-19 crisis is causing significant financial difficulties for many start-ups. Specifically, Tan noted that the sudden economic downturn due to the pandemic is affecting roughly 1000 start-ups, and approximately one-third of them will not…
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Bank of Silicon Valley fell more than 20% before the market
It is reported that the US stock market of Bank of Silicon Valley fell by more than 20%. Previously, Y Combinator, a famous American business incubator, reportedly recommended that many companies limit their exposure to Silicon Valley Bank (SIVB). Founders Fund, the founder’s fund company, suggested that enterprises withdraw funds from SVB Financial Group. Interpretation of this information: The recent news about the US stock market of Bank of Silicon Valley is causing a stir among investors and businesses. The market has reportedly fallen by more than 20%, which is…
