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8 questions to answer before your startup faces technical due diligence

TechCrunch

Will your organization and your code pass technical due diligence when it’s your turn? Let’s start with the positives: If an investor is proceeding with technical due diligence (TDD), you’ll likely pass. Here’s the not-so-good news: Companies can pass the business test, but fail TDD. A quick primer on TDD.

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TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

TechCrunch

I can name more movies that feature flying cars than I can eVTOL companies, but that’s changing. Last year, boosters poured billions into eVTOL as companies like Joby Aviation, Archer and Lilium used SPACs to rake in cash to fund R&D and test flight programs. As my company continues to grow, I’m considering coming to the U.S.

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How to pitch me: 5 investors discuss what they’re looking for in April 2023

TechCrunch

But dealmaking is idiosyncratic: a few investors might be content to make a deal over coffee, but early-stage teams still need a sturdy pitch deck or memo they can leave behind. If you haven’t already spoken to scores of customers or created a contact spreadsheet with at least 25 investors who’ve backed companies like yours, it’s too soon.

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6 best practices for better vendor management

CIO

To build a stronger relationship with vendors, “CIOs should bring them into the fold regarding their priorities and potential concerns about what may —or may not — lie ahead, from a regulatory perspective or the general economic climate, for example,” says Kevin Beasley, CIO at VAI, a midmarket ERP software developer. “A

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What you need to know about Okta’s security breach

CIO

Traditional security controls are bypassed in such attacks as bad actors assume a user’s identity and their malicious activity is indistinguishable from routine behavior. Deception Adversaries rely on human error, policy gaps, and poor security hygiene to circumvent defenses and stay hidden as they escalate privileges and move laterally.

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Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

TechCrunch

Between June to July, several ex-employees of Egyptian startups, including Capiter , wrote posts about layoffs at their respective companies even though the employers never addressed them publicly. Other companies include OPay Egypt, elmenus, ExpandCart and Brimore. The company had only a month runway as of August, they said.

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The cyber security challenges in fintech and neobanking’s rise

CIO

Unfortunately, this puts their clients, their companies, and partners at risk. The only solution to this dilemma is to make sure that the development lifecycle of applications become ‘secure by design.’ They can also attract the limited talent to join their teams with higher pay and other inducements.

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