Tiger Global’s PE practice not declawed by bear market, it’s a buyer’s game for private company shares, and more - June 15, 2022

June 15, 2022 [Tiger Global’s startup business still strong despite bear market]( Although Tiger Global’s hedge fund has taken a beating, its private equity practice—which invests in the startup ecosystem and last year overtook its hedge fund business in size—is proving much more resilient to the downturn. We look at the investment record for the New York-based firm. [Market Minute: It’s a buyer’s market for private company shares]( The U.S. stock market has officially dipped into bear market territory, largely driven by big declines for tech stocks this year. That dip has caused ripple effects in the private markets too. One area that’s particularly noticeable: Secondary markets platforms, where shares of startups trade. [Coinbase warns of ‘crypto winter’ as it lays off 18% of staff]( Cryptocurrency exchange Coinbase, which went public in one of the most highly anticipated direct listings of last year, will lay off roughly 1,100 employees. The news is just the latest in a slew of recent tech layoffs. [Talk isn’t cheap: AI customer platform reaches unicorn status]( Here’s some good news on the funding front, especially for those in the customer service business. Santa Barbara-based Invoca closed an $83 million Series F to make the time-consuming and frustrating process of reaching out to a call center a little less so. The round earned the company a spot on [The Crunchbase Unicorn Board](. [Deal terms favor investors as funding game changes]( Last year at this time, venture dollars flowed freely and startup founders could pretty much name their own terms and prices on deals. But amid a broad funding pullback, deal terms have shifted to being more favorable for investors, who have much more sway on everything from valuations to liquidity preferences. [The tech companies that cut jobs in the past week]( Several more U.S. tech companies laid off staff in the past week, as both startups and large public companies trim their workforces to counter market challenges. We’re keeping track with our continuously updated database of job cuts. [15 best Google Chrome extensions for sales reps in 2022]( Being a successful salesperson starts with keeping yourself organized, and that can be a battle amidst sales calls, emails and meetings. The good news is, with Chrome extensions you can leverage sales tools to help you cut down on tedious and repetitious tasks. In this article, we’ve listed 15 of the best Chrome extensions for sales professionals that offer powerful shortcuts to help you stay on-task and streamline your sales workflow. Limited-Time Promo Close out the quarter strong with Crunchbase Pro - now 20% off with code CLOSEOUTQ2 [Redeem Offer]( [Crunchbase ROI Calculator]( [See the number of new accounts Crunchbase can add to your funnel with our advanced prospecting ROI calculator powered by Crunchbase data.]( [Calculate]( Recent Investments [EcoVadis]( [480M EUR]( / [Private Equity Round]( EcoVadis offers a collaborative platform that allows companies to assess the environmental and social performance of their suppliers. Categories: Information Services • Risk Management • Supply Chain Management • Sustainability Founders: [Frederic Trinel]( [Pierre Francois Thaler]( Investors: [Astorg]( (Lead), [BeyondNetZero]( (Lead), [GIC]( [+ 1 more]( [Echodyne]( [$135M]( / [Series D]( Echodyne develops and manufactures meta-materials-based radar technologies. Categories: Electronics • National Security • Sensor • Software Founders: [Eben Frankenberg]( [Tom Driscoll]( Investors: [Baillie Gifford]( (Lead), [Bill Gates]( (Lead), [Madrona Venture Group]( [+ 4 more]( [Chaayos]( [3.5B INR]( / [Series C]( Chaayos is a Chai tea cafe chain that leverages technology to serve a personalized cup of chai. Categories: Food and Beverage • Food Delivery • Restaurants • Tea Founders: [Nitin Saluja]( [Raghav Verma]( Investors: [Alpha Wave Ventures]( (Lead), [Elevation Capital]( [Think Investments]( [+ 1 more]( More Fundings Company Amount / Round Lead Investor [Dastgyr Technologies]( $37M / [Series A]( [Veon Ventures]( [PaymentCloud]( $25M / [Debt Financing]( [Electronic Merchant Systems]( [Battery Smart]( $25M / [Series A]( [Tiger Global Management]( [bttn.]( $20M / [Series A]( [Tiger Global Management]( [PaymentCloud]( $10M / [Corporate Round]( [Electronic Merchant Systems]( [Paz Care]( 620M INR / [Series A]( [JAS fund]( [AmeriLife]( Unknown / [Venture Round]( [Genstar Capital]( [Credpal]( Unknown / [Venture Round]( [The Cairo Angels Syndicate Fund]( [All Recent Funding Activity]( Recent Acquisitions [MediFox]( Pending acquisition by [ResMed]( for 950M EUR More Acquisitions Company Acquired By Amount [Sumtotal]( [Cornerstone OnDemand]( $200M [All Recent Acquisition Activity]( Upcoming Tech Events Accelerator Deadlines Date Accelerator Location Jun 30, 2022 [Aurelia Ventures]( Santa Barbara Jun 30, 2022 [XVC]( Tokyo [More Upcoming Deadlines]( Don’t see your event? 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