‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups

March 28, 2023

Early-stage investments inherently have a higher risk of failing, but these risks also come with potentially higher rewards — getting in at the ground floor of a startup’s journey gives VCs more negotiation clout. This is particularly true at the very early pre-seed stage, where companies might barely have a functioning product to shout about. […]

‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups by Paul Sawers originally published on TechCrunch

Disney cuts metaverse division as part of broader restructuring

March 28, 2023

Walt Disney Co. has eliminated its metaverse division as part of staff cuts that promise to reduce head count by around 7,000 across the company over the next two months, reports The Wall Street Journal. CEO Bob Iger said Monday that those layoffs would begin this week. Disney’s next-generation storytelling and consumer experiences unit, the […]

Disney cuts metaverse division as part of broader restructuring by Rebecca Bellan originally published on TechCrunch