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☆ Tech workers tired of Silicon Valley are moving to New York City in droves for the social scene
▼ + stars: | 2024-05-09 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Silicon Valley tech workers are migrating to New York City for the social scene. Even with high rents, New York attracted the most tech talent from the Bay Area in 2022-2023. Some tech workers have said they want a life after working late, making New York appealing. AdvertisementYoung tech workers fed up with Silicon Valley are heading east for the ambiance and the dating scene, and they don't mind paying more for it. New York City attracted more tech talent from the Bay Area than any other city between 2022 and 2023 despite having the highest rents in the country, according to a report from SignalFire, a venture capital firm.

Persons: — Organizations: Bay Area, Service, Young, Business Locations: New York City, New York, Bay, York, SignalFire

☆ The top 9 cities tech talent is moving to — and 9 places they're leaving
▼ + stars: | 2024-04-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

New York, Austin, and LA were the top cities tech talent moved to in 2023, according to a report. Several places attracting tech workers are "blue island" cities in red states. 1 place tech workers moved to in 2023 was New York City, according to a recent SignalFire report. AdvertisementThe top nine cities tech workers relocated to were:New York City, New YorkAustin, TexasLos Angeles, CaliforniaDenver, ColoradoSan Diego, CaliforniaMiami/Fort Lauderdale, FloridaDallas/Fort Worth, TexasNashville, TennesseeTampa/St. AdvertisementSeveral of the cities attracting tech workers also happen to be "blue island" cities located in red states, such as Austin, Nashville, Tampa, and Miami.

Persons: —, Austin Organizations: Boston, Service, Tech, San, Business, St . Petersburg , Florida New, Los, California Portland , Oregon Detroit , Michigan Provo , Utah San, Seattle, York Locations: York, Austin, LA, San Francisco, Seattle, Miami, New York City, San Francisco Bay, California, New York , Texas , California, Florida, New York City , New York Austin , Texas Los Angeles , California Denver , Colorado San Diego , California Miami, Fort Lauderdale , Florida Dallas, Fort Worth , Texas Nashville , Tennessee Tampa, St . Petersburg , Florida, St . Petersburg , Florida New York, Los Angeles, Francisco , California Seattle, Washington Boston , Massachusetts Phoenix , Arizona Washington, DC Sacramento, California Portland , Oregon Detroit , Michigan Provo , Utah, California Portland , Oregon Detroit , Michigan Provo , Utah San Francisco, New York, Boston, San Francisco and California, Texas, York City, Nashville, Tampa, Utah , Idaho, Arkansas

☆ New York is in, San Francisco is very much out for tech workers relocating
▼ + stars: | 2024-04-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

New York City gained the most relocating tech workers in 2023, SignalFire reports. AdvertisementNew York is continuing to gain on San Francisco as a rival tech hub. The greater New York City area drew the biggest share of relocating tech workers last year compared to any other major city in the US, according to a new SignalFire report. The most common move for tech workers in the San Francisco Bay Area was to New York, the report found. AdvertisementMeanwhile, SignalFire found that the San Francisco Bay area actually saw its tech pool shrink by the largest percentage last year.

Persons: San Francisco, —, SignalFire Organizations: York City, San, Los Angeles, Service, Big Apple, Austin, CNBC, Sequoia Capital, Nvidia, SF Bay Area Locations: York, Austin, Francisco, New York City, San Francisco Bay, New York, Los Angeles, Seattle, Boston, San Francisco, California, San, Santa Clara , California, West, San Jose , California

☆ Buzzy Y Combinator-backed billing startup Lago has raised $22 million with this 22-slide pitch deck
▼ + stars: | 2024-03-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLago, a French startup that offers open-source billing software, has raised $22 million. Founded in 2021, Lago utilizes the open-source community to help businesses like Mistral, Together AI, and Swan manage their payments and billing needs. AdvertisementIn addition, Lago, which has around 30% of its business in the US, will begin to scale out its offering outside of Europe. Lago believes its flexibility around infrastructure will help it win more clients globally as businesses look to create more customizable revenue stacks.

Persons: —, Lago, Swan, Matt Turck, Chuong, Turck Organizations: Service, Business, FirstMark, New Locations: Paris, Lago, Europe

From Karat to Spill, venture capitalists are betting on creator-focused companies in 2023.Insider is highlighting 14 VC firms that are backing startups in the space right now. About three years ago, the "creator economy" was a fiery buzzword that emerged out of the bustling influencer-marketing and social-media industries. By 2021, the space had raised approximately $939 million in venture capital, according to Crunchbase data. Insider is highlighting over a dozen VC firms, as well as their partners who specialize in creator-focused startups, that are funding the next wave of creator-economy companies. Here are 14 VC firms funding the creator economy in 2023:Note: Firms are listed in alphabetical order.

Persons: Marlon Nichols, Nichols, Karat Organizations: MaC Venture

☆ A continuous glucose monitor helped me discover I have hypoglycemia. Here's how startup January uses AI to predict blood sugar spikes and crashes and coached me to better food choices.
▼ + stars: | 2023-08-14 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +16 min

The healthcare startup January uses CGMs and AI to monitor glucose levels, exercise, and sleep. I have low blood sugar, and January used machine learning to coach me to healthier habits. Low blood sugar, or hypoglycemia, is less common than high blood sugar, or hyperglycemia. Samantha Stokes/InsiderAt the end of January's AI training, I unlocked a suite of tools to track my food, exercise, blood sugar, and more. But January encouraged me to take a short walk after eating, which can help moderate glucose levels following a meal.

Persons: Marc Benioff, they're, Noosheen Hashemi, Hashemi, Marissa Mayer, Samantha Stokes, Mike Snyder, Insider's, What's, I've, CGM, didn't, Jesus Weligsander Perez Organizations: Felicis Ventures, AME Cloud Ventures, Apple Watch, Drug Administration, Stanford Medicine, Pace Locations: That's, SignalFire, Mount Sinai

From Karat to Spill, venture capitalists are betting on creator-focused companies in 2023.Insider is highlighting 14 VC firms that are backing startups in the space right now. By 2021, the space had raised approximately $939 million in venture capital, according to Crunchbase data. Many startups have raised money in 2023, from pre-seed stages to larger later-stage rounds. Insider is highlighting over a dozen VC firms, as well as their partners who specialize in creator-focused startups, that are funding the next wave of creator-economy companies. Here are 14 VC firms funding the creator economy in 2023:Note: Firms are listed in alphabetical order.

Persons: Marlon Nichols, Nichols, Karat Organizations: MaC Venture

June 8 - Legal AI company EvenUp has raised an additional $50.5 million in Series B funding from new investors including Bessemer Venture Partners and Bain Capital Ventures, the San Francisco-based company said Thursday, valuing the company at $325 million. EvenUp provides a product to personal injury law firms that automates the workflow for demand letters, using generative AI and a proprietary legal dataset. These have been boom times for the legal AI market, as legal firms have lined up to embrace generative AI. Law is an ideal use case for generative AI because what lawyers do – analyze content and then synthesize it in prose – is exactly what generative AI products like OpenAI’s ChatGPT, which was trained on reams of text, do best, said Bessemer partner Sameer Dholakia. He estimated there are about 300,000 personal injury attorneys and 20 million personal injury cases per year.

Persons: EvenUp, Rami Karabibar, Sameer Dholakia, Karabibar, Anna Tong, David Gregorio Our Organizations: Bessemer Venture Partners, Bain Capital Ventures, NFX, Reuters, Thomson Locations: San Francisco

☆ Creator economy experts say 2023 will be a buyer's market for M&A. Here are 5 themes to watch, from tech buyers like Shopify to startup consolidation
▼ + stars: | 2022-12-30 | by ( Marta Biino | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

"As a result, institutional acquirers, like PE firms who still have dry powder to spend, will start snatching up mid-to-large sized creator startups at much more advantageous prices." Insider spoke with creator-economy and market experts about what deals and the broader M&A landscape in 2023 may look like. "They're going to see that the creator economy exists as a direct failure of them to support creators," Gestetner said. "But if an opportunity arises for us to significantly enhance our capabilities to make us a better business powering the creator economy, we'll consider it." Startups can expect consolidation in saturated marketsThe crowded niches within the creator economy startup sphere could also face a wave of consolidation.

☆ It's just the beginning of M&A in the creator economy. Industry experts predict 2023's top trends, and the buyers and sellers to watch.
▼ + stars: | 2022-12-19 | by ( Marta Biino | Sydney Bradley | ) www.businessinsider.com time to read: +12 min

"As a result, institutional acquirers, like PE firms who still have dry powder to spend, will start snatching up mid-to-large sized creator startups at much more advantageous prices." "They're going to see that the creator economy exists as a direct failure of them to support creators," Gestetner said. "But if an opportunity arises for us to significantly enhance our capabilities to make us a better business powering the creator economy, we'll consider it." Startups can expect consolidation in saturated marketsThe crowded niches within the creator economy startup sphere could also face a wave of consolidation. In the creator economy, companies bet on the fact that YouTube advertising revenue on the videos will increase as the audiences of creators grow and they gain more views.

☆ A former VA secretary and his daughter have teamed up to transform care for people with chronic pain, and top VCs 7wire and Martin Ventures are backing them
▼ + stars: | 2022-12-15 | by ( ) www.businessinsider.com time to read: +5 min

Called Override, it connects patients with chronic pain to a virtual team of pain specialists. An estimated one in five American adults are living with chronic pain, according to the Centers for Disease Control and Prevention. Research has found links between chronic pain and opioid dependence, anxiety, depression, and lower quality of life. Override's model was informed by a health program for veteransA wealth of research supports a team-based approach to treating chronic pain. Patients with chronic pain are expensive, and those paying for that care need help managing their costs.

☆ Scoop: Andreessen Horowitz beats out Benchmark and NEA to lead Series A funding round for Partiful, the 'Eventbrite for Gen Z'
▼ + stars: | 2022-11-08 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com time to read: +3 min

Andreessen Horowitz beat out other firms to lead Partiful's series A round, according to sources. Neither the cofounders of Partiful nor Andreessen Horowitz responded to a request for comment. After an intense bidding war, Andreessen Horowitz beat out rival VC firms, including Benchmark and New Enterprise Associates, to lead Partiful's series A funding round, according to three people with knowledge of the financing who were not authorized to speak publicly. Andreessen Horowitz also did not respond to a request for comment. Venture investors, eager to find the next buzzy consumer app, have marveled at Partiful's growth.

☆ See the exclusive 11-slide pitch deck a former Israeli spy used to secure $34 million in a month for his security startup
▼ + stars: | 2022-09-27 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +2 min

Dig Security says its proprietary technology can detect and shut down data breaches in real time. Its CEO says he uses his experience in Israel's Unit 8200 to get inside the mind of an attacker. Dig recently raised $34 million led by SignalFire using this pitch deck. Despite spending four years in the Israeli military, Dan Benjamin, the CEO and cofounder of the cloud security startup Dig Security, never saw combat. Benjamin spent his years of compulsory military service in an elite digital spy agency known as Unit 8200.

Insider asked VC investors which creator economy startups they find the most promising. Despite recent layoffs at companies including Spring, Linktree, PopShop Live, and Jellysmack this year, creator economy startup funding is on the rise, reaching $637 million this year as of July, according to Crunchbase. The money is often flowing to startups in smaller sums and in a more targeted fashion, VCs told Insider in August. Insider reached out to a select group of creator-focused VCs for their thoughts on the most promising creator startups. Here are 14 exciting startups poised to make an impact on the creator economy in 2022 and beyond:

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