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How Early-Stage Startups Can Utilize the SVB Collapse as a Wake-Up Call

The Startup Magazine

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. As a founder, ask yourself – does your business actually warrant VC funding?

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SXSW Pitch Finalist: LexSet

Austin Startup

The LexSet Co-Founders (left to right) CEO Francis Bitonti , President Leslie Oliver Karpas , and COO Azam Khan won $250,000 in Verizon’s Built on 5G Challenge The Forrest Four-Cast: March 3, 2020 LexSet serves AI engineers, especially those with limited resources, with a better way to annotate photos.

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SXSW Pitch Finalist: Virsix Games

Austin Startup

Co-founded by Nolan Bushnell (founder of Atari) and Zai Ortiz (Hollywood creative director behind J.A.R.V.I.S. Zai Ortiz , co-founder and President of Virsix Games , has a relentless fascination with the merging of cinema, gaming and new technology, and strives to answer the question: “what does gaming look like in 10 years?”

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SXSW Pitch Finalist: PurePlus

Austin Startup

Amy Keller , PurePlus Co-Founder and CEO calls this a revolution in the whole plant foods-based economy. Tell us your favorite thing about being based in Los Angeles. I am most impressed by Jaden Smith, Founder of JUST Water and 501CThree. All SXSW Pitch events take place at the Hilton Austin Downtown.

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SXSW Pitch Finalist: Virtualitics

Austin Startup

Ciro Donalek , CTO and Co-founder, believes immersive environments are a great way to collaborate with other people and build compelling stories about your data anywhere in the world and in real time. It blends embedded easy-to-use ML routines, 3D visualizations and insights in natural language.

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SXSW Pitch Finalist: Waycare

Austin Startup

Noam Maital , CEO and Co-Founder of Waycare. Noam Maital , CEO and Co-Founder of Waycare, graduated Summa Cum Laude from Babson College with a dual degree in Economics and Strategic Management. Effectively scale operations across North America Tell us your favorite thing about being based in Los Angeles.