Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Latif Peracha"


3 mentions found


Polimorphic, a startup using AI to help improve governmental workflows, has raised $5.6 million from early-stage fund M13. "A lot of services require you to either come in person or mail in PDFs or checks. "We're really focused on helping make that customer service easier, more efficient, but then also magical for constituents," he said. "So when you think about the opportunities AI provides, is the opportunity for governments to be able to provide critical services," he said. Check out the 16-slide pitch deck used to secure the fresh funding.
Persons: it's, Parth Shah, Shah, Latif Peracha, Polimorphic Organizations: Shine Locations: New York
Greg Becker, who was the longtime CEO of Silicon Valley Bank, pictured last year. "Looks like Silicon Valley Bank is in some deep shit," Uncommon Capital general partner Jamie Quint tweeted. Startup founders scrambled to get their funds out of Silicon Valley Bank after its collapse. Andreessen Horowitz announced this week that it will continue banking with Silicon Valley Bank "for the foreseeable future" but is crafting a longer-term plan to diversify. Even so, he added, "I think we'd be supportive, as they stabilize, for them to be one of many partners that our founders bank with."
Investors are conducting more rigorous due diligence on crypto startups in the wake of FTX's blowup. Founders told Insider VCs are asking for background checks and more detailed performance metrics. But loose accounting standards in the industry make it hard for investors to vet company financials. After a series of bankruptcies in the crypto industry, venture capitalists are looking much more closely into the inner workings of blockchain and Web3-related startups before they cut a check. The collapse of FTX exposed serious flaws in its investors' due diligence process, several VCs and founders said.
Total: 3