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TechCrunch+ roundup: Slashing technical debt, IPO analysis, your first comms hire

TechCrunch

Early-stage entrepreneurs who are eager to ship usually spend more time calculating their startup’s monthly burn rate than selecting an optimal development environment. If valuations go up astronomically, I remind myself that I have to deliver performance,” he says. “If As a result, technical debt starts to accumulate. And accumulate.

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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. Happily, all these things turned out to be true and are still true to this day.

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

TechCrunch

To better dig into the company’s performance, I got on the phone with its CEO, Ali Ghodsi , hoping to better understand how Databricks has managed to grow as much as it has in recent years. Ghodsi took over as CEO in 2016 after serving as the company’s VP of engineering. How do they find that information?

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Observability startup Better Stack lands $18.6M in new cash

TechCrunch

At best, observability tools can flag when apps are performing under par and help identify the root causes of issues. Masar, who serves as Better Stack’s CEO, said that the funding will be put toward hiring with the goal of expanding the team from 14 to about 30 people by the end of the year. But rarely is it this simple.

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

TechCrunch

We can actually show that their income stability is totally there, they’ve been employed for a long time, and they’re actually going to perform much better [in repaying a loan],” Lin said. Pinwheel has hired a number of its employees from $13.4

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

TechCrunch

According to a report by Capchase comparing more than 400 SaaS startups to unicorns that reached the public markets in the last two years, the top performers “are handily beating the ‘Rule of 40,'” reports Kyle Wiggers. According to its findings, SaaS founders should target at least 80% and aim to surpass 110%.

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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

. “ NeuReality was founded with the vision to build a new generation of AI inferencing solutions that are unleashed from traditional CPU-centric architectures and deliver high performance and low latency, with the best possible efficiency in cost and power consumption,” Tanach told TechCrunch via email.

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