News – Startup Security Weekly #50

How not to botch your pitch, why VCs love insurance, ten ways to preserve cash as a bootstrapped startup, and updates from OpenText, WatchGuard, and more!

Startup Articles & Discussion[edit]

Startup & Security Notes of Interest

VCs love insurance, even if you don’t

  • ‘So far this year, insurance-focused startups (excluding the Asian continent*) have raised more than $700 million, almost as much as they raised in all of 2016’
  • ‘Much of the funding boom comes from big insurers themselves, who are backing and leading more rounds for insurance startups, as well as companies in related areas like financial services.’
  • ‘In small allocations, however, venture can actually be a strategy for reducing risk, as it allows large, entrenched players to track and take stakes in the upstart ventures that could reshape their industries.’
  • Cyber plays a huge role here as insurance companies are searching for new areas, new revenue potential, new growth

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OpenText acquired Guidance Software for $240M

WatchGuard acquired Datablink for undisclosed

The Startup Journey: Updates

Michael’s Writing

Full Show Notes

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