As valuations come down, now more than ever, founders “need to prove their company is built to last with long-term profitability and scalability in mind,” writes Russ Heddleston, CEO of DocSend at Dropbox.


Full For Millionaires+ articles are only available to members.
Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription.


According to DocSend data, investors aren’t scouring pitch decks as earnestly as they were in the past. There’s still a market for early-stage deals, though. “For founders now, perfecting the pitch, having an efficient sales strategy, and scoping the product with urgency will create a foundation that is strong success that attracts people.”

Thanks for reading and holidays that are happy

Karyne

Ask Sophie: Is it easier yet for AI founders to get cards that are green

lone figure at entrance to maze hedge that has an American flag at the center

Image Credits: Bryce Durbin/For Millionaires

Dear Sophie,

I’m thinking about the Biden administration’s efforts to hold AI skill in the usa. Exactly how could be the management making it simpler for AI businesses to sponsor staff members for permanent residence? Will the true number of green cards earmarked for individuals in the AI field increase?

— All About AI

Get the For Millionaires+ Roundup newsletter in your inbox!

sign up for the TechCrunch+ roundup newsletterTo receive the For Millionaires+ Roundup as an email each Tuesday and Friday, scroll down to find the “sign up for newsletters” section on this page, select Millionaires that is“For,” enter your e-mail, and then click “subscribe.”

Click right here to subscribe

Crypto valuations ‘came back into earth’ in 2023, but VCs anticipate all of them to go up once again in 2024

Image Credits: Getty Images

This 12 months has actuallyn’t already been ideal for crypto organizations, but modification may be beingshown to people there. Specialists informed Jacquelyn Melinek that crypto activity will probably pick back-up again in 2024. “The drier funding environment of 2023 just served to weed out of the weaker companies that had were able to secure money in 2021,” she writes.

Seed to Series A: Strategic insights for technology creators when you look at the 2024 endeavor landscape

Black sesame seeds in a wooden spoon on a white background

Image Credits: Getty Images

A brand new report from Forum Ventures provides a great go through the ongoing state of early-stage B2B SaaS assets.

The information may be discouraging, “but the gold liner is rounds are getting done and businesses that discover product-market fit should take advantage of scaling into just what will be the following bull marketplace on the coming many years,” writes Forum Ventures CEO and handling lover Mike Cardamone.