{"id":20014,"date":"2023-05-26T17:00:29","date_gmt":"2023-05-26T17:00:29","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/05\/26\/techcrunch-roundup-south-korea-investor-survey-1-hour-board-meetings-venture-leasing-basics\/"},"modified":"2023-05-26T17:00:29","modified_gmt":"2023-05-26T17:00:29","slug":"techcrunch-roundup-south-korea-investor-survey-1-hour-board-meetings-venture-leasing-basics","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/05\/26\/techcrunch-roundup-south-korea-investor-survey-1-hour-board-meetings-venture-leasing-basics\/","title":{"rendered":"TechCrunch+ roundup: South Korea investor survey, 1-hour board meetings, venture leasing basics"},"content":{"rendered":"


\n<\/p>\n

\n

After sales software startup TigerEye closed its Series A and established a board of directors, its co-founders put them on notice:<\/p>\n

\n

One thing we\u2019d like to never do is the three-hour, too-in-the-weeds, non-strategic board meeting.<\/em><\/p>\n<\/blockquote>\n

\u201cEvery board deck I\u2019ve made and seen is more than 80 pages long,\u201d says Tracy Young, co-founder and CEO of TigerEye. \u201cI am not exaggerating.\u201d<\/p>\n\n

Full TechCrunch+ articles are only available to members
Use discount code TCPLUSROUNDUP<\/strong><\/a> to save 20% off a one- or two-year subscription<\/i><\/p>\n\n

In this TC+ article, she explains how to structure a one-hour board meeting<\/a> that creates real value for founders and investors. Step one: replace your enormous deck with a three-page memo.<\/p>\n

We\u2019re taking Monday, May 29 off to celebrate Memorial Day, so I\u2019ll be back with another TC+ roundup a week from today.<\/p>\n

Have a fantastic weekend!<\/p>\n

Walter Thompson
Editorial Manager, TechCrunch+
@yourprotagonist<\/a><\/p>\n

Why aren\u2019t venture capitalists flocking to fund cybersecurity startups?<\/h2>\n
<\/p>\n

Image Credits:<\/strong> RobertAx (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n

The accelerated shift to digital has been great for mature cybersecurity companies: Palo Alto Networks, Scaler and CrowdStrike are showing strong revenue multiples, reports Alex Wilhelm.<\/p>\n

But there doesn\u2019t appear to be a halo effect for venture-backed cybersecurity startups. According to Crunchbase, funding for companies in this sector fell 58% in Q1 2023 compared to Q1 2022.<\/p>\n

\u201cGiven that valuations are down across the board, today\u2019s cybersecurity equity prices have been dramatically depressed, even if they remain more expensive than other tech subcategories,\u201d writes Alex.<\/p>\n

Profitability over growth: 5 investors explain their mantra for South Korean startups<\/h2>\n
\"\"<\/p>\n

Image Credits:<\/strong> Bryce Durbin \/ TechCrunch<\/p>\n<\/div>\n

South Korea saw a unicorn boom in recent years, but like the rest of the world, it\u2019s feeling the impacts of a global market correction.<\/p>\n

\u201cVenture funding in Asia in the first quarter of 2023 declined 33% from Q4 2023 and 57% from Q1 2022,\u201d reports Kate Park, who surveyed five investors to get their predictions for 2023 and find out how they\u2019re advising their portfolio companies:<\/p>\n