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You are responsible for reading, understanding and agreeing to the National Law Review s (NLR’s) and the National Law Forum LLC s Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor.
PSA: Most aggregate VC trend data is garbage
“Seed rounds are up!” “Seed rounds are higher valued than ever!” “There were 10% less VCs investing in seed rounds last year!” !!!!!!!!!
We’ve all seen these stories, and we’re fine connoisseurs of them here at TechCrunch, for sure. Trend data about VC investing are always enticing to startup founders and investors, since they affect so much of the strategy and planning of building a company. If seed rounds are becoming more elusive, maybe skip on that last hire, extend the runway and try to gain some revenues. If Series A is the new bottleneck, well, invest more in product and growth so you don’t slam into the capital wall. If money is raining down from the sky, double the team, double growth marketing spend and go blitzscale.
To embed, copy and paste the code into your website or blog:
Earlier this week, California Department of Financial Protection & Innovation announced that it had entered into memorandums [sic] of understanding with five earned wage access companies. If you haven t heard of a earned wage access company until now, the DFPI s press release explains that these companies give employees access to wages they have earned but haven’t yet received through their employer payroll, a service that providers say can help employees pay their bills on time or cover unexpected expenses without overdraft charges or credit card fees, and can be an alternative to payday lending . According to the MOUs, employees do not get an advance of the full gross amount of their earned wages. Rather, employees receive a limited to a portion thereof .
Legal Disclaimer
You are responsible for reading, understanding and agreeing to the National Law Review s (NLR’s) and the National Law Forum LLC s Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor.