Category: News

Startups Weekly: SaaS companies feel the churn but hope for a brighter tomorrow

Startups Weekly: SaaS companies feel the churn but hope for a brighter tomorrow

[Editor’s note: Want to get this free weekly recap of TechCrunch news that startups can use by email? Subscribe here.]  There are a few online productivity stocks booming, and a few popular remote-first product companies still announcing funding rounds amid a huge new wave of unicorn layoffs. But what about the previously white-hot software-as-a-service category…

Continue Reading

New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. Late Friday night, the Treasury Department updated its rules regarding the “affiliation” of private…

Continue Reading