Source: TechCrunch+ roundup: SaaS valuations up, clean energy tax credits, H-1B transfer options
Summary
Investment from emerging managers shows promise in expanding access to capital for underrepresented founders who are being overlooked. Startups could benefit from this untapped investment potential.
Fact
💰 Emerging Managers: Start-ups led by underrepresented managers could benefit from untapped investment potential under $50m.
💡 Public Valuations: The recent rise in public SaaS companies’ valuation marks is seen as a guarded reason for optimism.
🌞 Renewable Energy: Tax credits for local, state and tribal governments under a new Treasury ruling could spur billions in renewable energy investment.
💼 H1-B Transfers: Experts share advice on the time and money needed to transfer employees with H1-B visas.
🤖 Ethical AI Startups: Two founders discuss building ethical AI-related health businesses on the recent episodes of TechCrunch’s Found podcast.
Source: It’s not just hype, corporate America is making huge bets on AI transforming their businesses
Summary
Tech companies are increasingly investing in AI to add more value to their products and services, with many leveraging their operating cash flow to do so. Despite macroeconomic headwinds, the AI industry is seeing a surge in investment and could potentially hit another record year in completed deals. Experts consider a tech company’s AI posture a critical measure of its worth, showing just how influential AI has become in the enterprise software space.
Facts