When it comes to parental leave policies, early-stage startups have some very real resource constraints. But that doesn't make any less important for them to cultivate a culture that is open, encouraging and supportive of employees looking to grow their family. Here are our recommendations for fostering a family-friendly culture that don’t force employees to choose between work and home life.
Last week saw the news of BounceX’s successful $37 million Series B financing. The round was led by Battery Ventures, with participation from Primary Venture Partners, Contour Venture Partners, Cross Creek Capital, Jason Finger and Rho Ventures. This is a huge win not only for our portfolio, but it’s great news for NYC Tech, which continues to demonstrate its ability to build bigger and better companies.
It’s not often that you find investors who have found success as CTO, founder and investor alike, but Eric Feng has done just that, and it’s that rare combination that gives him such a unique outlook on what it takes to build successful consumer businesses. We brought together a group of would-be founders in NYC to hear about Eric’s career path, tips for startup founders, and his take on the current tech landscape.
We so often think of CTOs as expert engineers (which they are, of course!), forgetting that in order for them to do their job well, they also need to master the human, team-building side of the business. We assembled some of the city's leading CTOs, and here are the topics that are keeping them up at night.
Primary is growing! With a newly raised Fund II on the books and an expanding team, we are better positioned than ever to partner with the best founders in NYC. We’re excited to introduce three fantastic additions to our team who will help us broaden our impact to our portfolio companies as we help usher them successfully from Seed to Series A.
CoEdition is the brainchild of former Gilt founders and operators who bring deep-rooted merchant backgrounds and experience scaling digital commerce companies through hyper-growth. Having learned a thing or two about timing from their Gilt days, CoEdition’s entrance coincides with some major shifts in the plus-size industry.
Enterprise SaaS platforms continued to drive the most deal activity this quarter, with particular emphasis on platforms that increase pricing transparency for corporate customers. Other sectors that showed particular strength were ecommerce marketplaces and financial services platforms that seek to democratize access to financial products.