LatAm startup energy, international chip scarcity, Visa Bulletin replace • TechCrunch


“You had one job” is likely to be humorous when a birthday cake ornament goes incorrect, but when we’re speaking about executives who don’t present up for board conferences, the stakes are a lot increased.

“Disengaged or dysfunctional boards aren’t simply unhealthy for CEOs and LPs; they’re unhealthy for everybody,” writes Matt Blumberg, co-founder and CEO of Bolster, a realization that spurred him to revise assembly codecs to incorporate follow-up surveys and extra outreach.

“That’s quite a lot of transferring items to handle, however I discover that doing so retains the assembly recent and well-paced.”

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Many entrepreneurs view board conferences as hurdles to keep away from or overcome, which is unlucky. Effectively-run classes are professional alternatives to debate challenges and ask for assist when wanted.

Instance: nobody desires to learn slides in a board assembly, so distribute materials properly upfront and ask your attendees to submit questions through e-mail. A board assembly ought to be a working session, not a monologue.

To advertise engagement and variety, Blumberg recommends including one impartial director for every investor board seat and reserving a single spot for a founder or workforce member.

“There’s no query that operating an efficient board, or serving as an efficient director, takes critical time, power and diligence,” he says. “However that’s no cause to not strive.”

Thanks very a lot for studying,

Walter Thompson
Editorial Supervisor, TechCrunch+

Immediately: Q&A with Silicon Valley immigration legal professional Sophie Alcorn

Picture Credit: Joanna Buniak / Sophie Alcorn (opens in a brand new window)

I’m internet hosting a Twitter Area in the present day at 10 a.m. PT/1 p.m. ET with immigration legal professional and TC+ columnist Sophie Alcorn.

If you happen to’re making an attempt to navigate the byzantine U.S. immigration course of — or if you already know somebody who’s — please be part of the dialog and convey your questions.

8 buyers focus on what’s forward for reproductive well being startups in a post-Roe world

Woman symbols posters

TechCrunch+ requested buyers their ideas relating to the state of enterprise in a Publish-Roe world.

Dominic-Madori Davis surveyed eight buyers concerning the position enterprise capital would possibly play on this new period the place People not have the authorized proper to acquire an abortion.

The Supreme Courtroom’s Dobbs determination affected greater than well being care and private privateness: Will capital and expertise flee U.S. states that prohibit reproductive rights? Will buyers again extra startups that broaden healthcare?

Given “the tenuous relationship between enterprise cash and ethics,” Dominic-Madori requested the group how they plan to exert affect — and the way they like to be approached by entrepreneurs:

  • Hessie Jones, companion, MATR Ventures
  • Lisa Calhoun, Gary Peat and William Leonard, Valor Ventures
  • Mecca Tartt, government director, Startup Runway
  • Ed Zimmerman, founding companion, First Shut Companions
  • Theodora Lau, founder, Unconventional Ventures
  • McKeever Conwell, founder, RareBreed Ventures

Pitch Deck Teardown: Get together Spherical’s $7M, er, occasion spherical deck

In November 2021, Get together Spherical, a startup that goals to assist automate seed-stage fundraising, used its personal platform to boost $7 million.

Its founders lately shared its unredacted 10-slide pitch deck with us so TC+ members can see what labored:

  • Cowl
  • Slogan
  • Resolution
  • Worth proposition
  • Product
  • Aggressive benefits
  • “Why now?”
  • Mission
  • Group
  • Closing

Expensive Sophie: My EB-2 precedence date can be delayed 2 years! What ought to I do?

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

Picture Credit: Bryce Durbin/TechCrunch

In her newest column, Sophie Alcorn answered questions on inexperienced playing cards within the EB-1A class for extraordinary capability and multinational managers, EB-2 NIW and with PERM, in addition to EB-3 for professionals:

Expensive Sophie,

I used to be so shut! My precedence date for my EB-2 utility to register everlasting residence was simply 9 days from the date listed within the September 2022 Visa Bulletin, however now the date within the October 2022 Visa Bulletin has gone again greater than two years!

I’m a software program engineer and needed to get my inexperienced card earlier than I modify jobs, however now I’m reconsidering my path. The one factor holding me again is I’ve heard that workers can be fined in the event that they depart their employer earlier than they really get the inexperienced card.

What’s your recommendation?

— Bumped by the Bulletin

Expensive Sophie,

I’m at present on an L-1B, and my employer sponsored me for an EB-3 inexperienced card. I solely have a 12 months left on my L-1B, so my employer entered me within the H-1B lottery, and I used to be chosen!

Will I nonetheless retain my EB-3 precedence date if I swap to the H-1B?

— Engaged Worker

Expensive Sophie,

I’m an writer and a motivational speaker, and am 60 years younger. Can I apply for an EB-1A inexperienced card?

— Profitable Speaker

In Latin America, founders and buyers search to stability warning and optimism

Hand holding snapshot of tree in bloom against the same tree in winter with no leaves; latin america cautious optimism

Picture Credit: Thomas Jackson (opens in a brand new window) / Getty Photos

If valuations are your yardstick, Latin America’s startup ecosystem reached maturity a short time in the past.

“Marking a long-awaited inflection level,” the area’s first unicorns appeared within the final 5 years, based on Julio Vasconcellos, managing companion at VC agency Atlantico.

In his third yearly TC+ report, Vasconcellos compares LatAm’s current positive factors in sectors like telemedicine, grocery supply and fintech to the U.S., the place “market darlings of the pandemic interval… have been pressured to cut back headcount as utilization ranges revert to the pre-pandemic historic pattern line.”

What the CHIPS and Science Act means for the way forward for the semiconductor trade

Potato chips pattern over pink background, hard light with shadows. Unhealthy junk food concept.

Picture Credit: Anna Blazhuk (opens in a brand new window) / Getty Photos

For greater than two years, the worldwide semiconductor provide chain has been stretched to its limits.

There’s no single trigger: excessive climate, COVID-19, a protracted commerce struggle between the U.S. and China, and Russia’s invasion of Ukraine are just some contributing components, to not point out hovering demand for cryptocurrency mining.

The U.S. solely accounts for 12% of worldwide semiconductor manufacturing, however the current passage of The CHIPS and Science Act of 2022 will unlock $52.7 billion in subsidies for home workforce improvement, R&D, and manufacturing.

“The CHIPS Act looks as if a inexperienced gentle for home manufacturing,” says Simon Butler of Perforce Software program.

“Nonetheless, a presidential government order revealed earlier within the 12 months could also be a stumbling block for semiconductor design retailers desirous to serve nationwide safety tasks.”


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