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TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well

TechCrunch

“It’s still much easier to develop a Web 2.0 app simply because the ecosystem is mature and enjoys a large and thriving developer community,” says Devin Abbott, who specializes in design and development tools, React and web3 applications. 8 questions to answer before your startup faces technical due diligence.

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Doing Diligence Well In Venture Investing: Going Back To The Future

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. On an average deal, VCs would spend 118 hours on due diligence and call 10 references. During the frothy “ funding party ” in 2021, VCs began prioritizing speed and cutting corners, leading to compressed cycles and less robust vetting.

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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. billion in 2022 from 2021, it was still up 52% compared to 2020 and made up 18% of all funding globally, proving that investors still have faith in fintech’s future.

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Hiring Remote Developers Versus Relocation – What To Choose in 2022?

Hacker Earth Developers Blog

The pandemic has reshaped the global workforce area dramatically, causing tech companies to hire more remote developers. According to a recent Eurofound report, 34% of employees residing in the EU worked exclusively from home as of July 2021. Contrary to this approach, remote developers enhance your office team from another location.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. The NASDAQ Biotechnology Index peaked in 2021. How has due diligence in this space changed in 2022? Robert Mittendorff, M.D,

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

In fact, even some of the excesses of 2021 were eclipsed when the number of investments on the continent rose higher in 2022 than they had a year earlier, boosted by early-stage firms flocking to fund startups in the wake of landmark exits of homegrown companies like Jumia and Paystack. For global venture capital, 2021 was an outlier.

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Leverage early investors when raising a Series A, says DeepScribe’s Akilesh Bapu

TechCrunch

“We were at this trajectory as a company where we had a semblance of product-market fit,” said Bapu, reflecting on the summer of 2021. She added that this was a critical win for DeepScribe, as it’s essential to leave potential investors fired up and armed with a few bullet points, including on the team and market.