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Fast-growing livestream shopping platform Whatnot acquires Pastel Labs, hires VP of engineering

TechCrunch

Livestream shopping platform Whatnot has come a long way from being run out of a garage in Phoenix to now a 120-person company, valued at $1.5 Chang has now become Whatnot’s head of Growth, as a result of the all-stock deal that’s considered more of an “acqui-hire” as it doesn’t involve IP.

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On Becoming a VP of Engineering, Part 1: The Path to VP

Honeycomb

This post is part of a short series about my experience in the VP of Engineering role at Honeycomb. In February of 2020, I was promoted from Director of Engineering to Honeycomb’s first VP of Engineering. The whole tech industry would benefit from more perspectives in this role.

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54gene valuation slashed by over $100M amid job cuts and CEO exit

TechCrunch

In August, it sacked 95 employees , mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. 54gene CEO steps down as the company looks to cut more jobs.

Biotech 229
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TechCrunch+ roundup: SaaS success stats, leveraging ad tech chaos, 2022 layoff trends

TechCrunch

If a company’s combined growth and profit rates add up to more than 40%, it’s a good bet. According to its findings, SaaS founders should target at least 80% and aim to surpass 110%. And if you have ever discussed an idea for starting a company with a friend, think about working on a pitch deck.

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Databricks crossed $350M run rate in Q3, up from $200M one year ago

TechCrunch

The Exchange regularly covers companies as they approach and crest the $100 million revenue mark. Today we’re digging into a company that is a little bit bigger than that. Namely Databricks , a data analytics company that was most recently valued at around $6.2 How do they find that information?

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Pinwheel raises $50M Series B at $500M valuation for its income verification APIs

TechCrunch

Historically, systems for providing such data are inefficient and clunky, a problem Pinwheel’s cofounders recognized when they were working on a startup that helped companies provide pre-tax benefits to their employees. . Pinwheel has hired a number of its employees from $13.4 Its platform executes over 4.6

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Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces

TechCrunch

And Remote is also getting cosier with other parts of the HR chain of services: applicant tracking system Greenhouse is now integrating with it to help with the onboarding process for new hires. A lot of new hires, as well as existing employees who are possibly not from the U.S.