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- Venture Capital
Solo, founded by ex-Uber and Convoy vets, raises $5.5M seed to predict and guarantee gig workers' earnings
Seattle startup Solo, founded by ex-Uber and Convoy employees, raised a $5.5 million seed round to provide hour-by-hour earnings predictions and a guarantee to top up gig workers' pay if predictions fall short, with plans to expand into insurance, taxes, and mileage tracking.
Phin Barnes (First Round Capital) says founders should prioritize partner/founder fit, not firm brand, when fundraising
Phin Barnes of First Round Capital argues founders should prioritize partner/founder fit over targeting a firm when fundraising, because individual partners sponsor and champion investments. Successful fundraising hinges on personal alignment with a partner’s values, worldview and working style rather than treating a VC fund as a monolithic decision-maker.
