A friend recently spent months getting into shape for a physical so he could obtain a lower insurance rate. He got the policy and plans to continue working out because he feels so much healthier.<\/p>\n
Tech companies that plan to buy cyber insurance<\/a> are in a similar boat: IT managers must conduct risk assessments and usually add new security measures to qualify, but doing the work can be its own reward.<\/p>\n Full TechCrunch+ articles are only available to members. \u201cIn the end, the benefits from working through the process of achieving eligibility for cyber insurance can go far beyond the issuance of a policy,\u201d says security strategist Ilia Sotnikov.<\/p>\n In this article, he explains \u201cwhat cyber insurance actually covers,\u201d identifies the critical measures most insurers require and explains why implementing multifactor authentication may not cure every problem.<\/p>\n Thanks for reading, and have a great weekend.<\/p>\n Walter Thompson Pitch Deck Teardown Image Credits:<\/strong> Unito<\/p>\n<\/div>\n Unito, a platform that lets customers manage multiple SaaS apps in one place, announced a $20 million Series B round in October 2022.<\/p>\n \u201cStrategically, the path Unito built makes a lot of sense, and I\u2019m not surprised that this narrative resonated with investors,\u201d writes Haje Jan Kamps, who unpacked the lightly-redacted deck<\/a>:<\/p>\n While SAFE rounds are considered founder friendly, most founders only think they are a good idea for certain rounds. Image Credits:<\/strong> Bryce Durbin<\/p>\n<\/div>\n Rebecca Szkutak interviewed five founders who raised money via simple agreement for future equity (SAFE) rounds, instead of going the traditional seed\/Series A route.<\/p>\n \u201cBy the time a startup reaches the Series A stage, this mechanism is less attractive for a variety of reasons,\u201d she writes.<\/p>\n Here\u2019s who she surveyed:<\/p>\n To receive the TechCrunch+ Roundup as an email each Tuesday and Friday, scroll down to find the \u201csign up for newsletters\u201d section on this page, select \u201cTechCrunch+ Roundup,\u201d enter your email, and click \u201csubscribe.\u201d<\/p>\n Image Credits:<\/strong> Bryce Durbin\/TechCrunch<\/p>\n<\/div>\n Dear Sophie,<\/p>\n I am from Georgia but I live in Poland. I created my startup in Delaware a few years ago. To realize it and grow it, I need to move to the U.S.<\/p>\n I have a business plan and a market plan, but no immigration plan. What\u2019s your advice? Which visa should I apply for?<\/p>\n \u2014 Global Georgian<\/p>\n Image Credits:<\/strong> Getty Images \/ Sakchai Vongsasiripat<\/p>\n<\/div>\n It\u2019s rare for a founding CEO to take their company public: As of 2015, \u201conly one-third of startups that reached IPO had their founders as CEOs,\u201d writes Haje Jan Kamps.<\/p>\n Replacing a CEO is a complicated process \u2014 senior executives and board members should be aligned, founders must be ready to let go, and the winning candidate needs to get started as quickly as possible.<\/p>\n \u201cIn the majority of cases, there comes a time that you need to have a professionally credentialed CEO to take the company to the next level,\u201d said DeeDee DeMan, founder and CEO of executive search firm Bench International.<\/p>\n \u201cAnd that\u2019s completely dependent upon the acceptance and the mentality of the founding CEO.\u201d<\/p>\n Image Credits: <\/strong>MirageC(opens in a new window)<\/span> \/Getty Images<\/p>\n<\/div>\n Julia Ivzhenko, head of operations at Futurra, launched a new edtech app with a 20-person team that answered students\u2019 questions in real time.<\/p>\n Network effects drew in a growing stream of new users, but \u201cwe concentrated on scaling and didn\u2019t have time to think if the resources of our team were enough to keep going with such speed,\u201d she writes in TC+.<\/p>\n \u201cTo prevent the approaching catastrophe,\u201d she developed a five-step plan that analyzed key processes and highlighted bottlenecks that ultimately generated \u201ca timeline for optimization.\u201d<\/p>\n<\/p><\/div>\n
Use discount code TCPLUSROUNDUP<\/strong><\/a> to save 20% off a one- or two-year subscription.<\/i><\/p>\n
Editorial Manager, TechCrunch+
@yourprotagonist<\/a><\/p>\nPitch Deck Teardown: Unito\u2019s $20M Series B deck<\/h2>\n
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5 founders discuss why SAFEs are better for early-stage and bridge rounds<\/h2>\n
![\"SAFE](\"https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/07\/SAFE-founder.jpg\")
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Get the TechCrunch+ Roundup newsletter in your inbox!<\/h2>\n
![\"sign](\"https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/06\/sign-up-for-newsletters.png\")
<\/p>\nClick here to subscribe<\/a><\/strong><\/h3>\n
Ask Sophie: Which US visas are best for international founders?<\/h2>\n
![\"lone](\"https:\/\/techcrunch.com\/wp-content\/uploads\/2021\/01\/dear-sophie-immigration-maze-3.jpg\")
<\/p>\nFinding CEO: It\u2019s the new \u2018Finding Nemo\u2019<\/h2>\n
![\"\"](\"https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/07\/GettyImages-1400417602.jpg\")
<\/p>\nHow to prevent an \u2018operational catastrophe\u2019<\/h2>\n
![\"Paper](\"https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/07\/GettyImages-1425330574.jpg\")
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