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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. The assumption was often that someone else had already done the diligence. With that, high-quality diligence has returned, and it is both art and a science.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

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How PwC and SAP are doing right by helping clients unlock ESG value

CIO

When presented by the new Supply Chain Due Diligence Act ( SCDDA) in Germany, PwC realized their clients would need tools and processes to automate evaluation of suppliers. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

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Top IT exec recuiters weigh in on talent trends today

CIO

When I last dedicated an episode of the Tech Whisperers podcast to the state of tech talent, we were just coming out of a multi-year “sellers” market, and we could sense that we were hitting an inflection point. Fast-forward a year and things have changed significantly. What follows is that conversation, edited for length and clarity.

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Right Off The Batch: 50% Of YC W24 Is Built With AI. Who Got Funded?

Crunchbase News

Using Crunchbase data, we set out to track the funding trajectories of these seed- and pre-seed companies, starting with the very AI-centric winter 2024 batch , which wrapped up its demo day in early April. San Francisco is experiencing a resurgence due to AI , which is borne out by Crunchbase data. But what happens next?

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Unleashing the power of generative AI: Verisk’s journey to an Instant Insight Engine for enhanced customer support

AWS Machine Learning - AI

Verisk (Nasdaq: VRSK) is a leading data analytics and technology partner for the global insurance industry. The company is committed to ethical and responsible AI development, with human oversight and transparency. The Opportunity Verisk FAST’s initial foray into using AI was due to the immense breadth and complexity of the platform.

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Technical Recruitment Survey Report 2024

Mobilunity

As today’s tech-based industries expand and develop at a rapid pace, recruiting the best technical talent – and retaining them – is a critical element in a business’s continued success. Are Technical Hires Providing the Expected Value? So, where are businesses going wrong and what positive changes can be made?