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This Austin accelerator made big claims; employees and …
It isn’t just employees who say they were burned by Newchip. Andrew Goei, founder of PitchPages, a pitch deck and fundraising software startup, said he wanted a refund a few months into the program after he felt he was not getting the promised services, specifically the investor intros. In an interview with … See more
Though the employee group has more recently gone public with their grievances, they make claims of mismanagement going back years, including the clawback of sales commissions and Ryan giving himself bonuses during monthly financial deficits. For example, … See more
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They thought they were joining an accelerator - TechCrunch
WebMay 2, 2024 · The now-defunct Austin accelerator had filed for bankruptcy amid employee and customer discontent. The court has since ordered the company to auction off the …
Austin startup accelerator Newchip collapses amid bankruptcy …
WebMay 12, 2023 · Austin startup accelerator Newchip collapses amid bankruptcy case, takeover attempt Court filing: More than 60 of its 100 employees have quit in the past …
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Austin health tech startup files for Chapter 7 bankruptcy
WebUpdated: Sep 12, 2022 / 05:22 AM CDT. SHARE. AUSTIN ( Austin Business Journal) — Blood flow imaging company Dynamic Light Inc. last Tuesday filed for Chapter 7 …
Is the Texas boom town of Austin losing its luster? | TechCrunch
WebDec 7, 2023 · In the first three quarters of 2023, venture funding was down 46% to $2.9 billion compared to $5.3 billion raised in the first three quarters of 2021, and down 36% …
The Rise and Fall of Newchip Accelerator | by DC Palter ...
WebMay 13, 2023 · However, on May 11, in a shocking development, the bankruptcy court ordered Newchip shut down and liquidated, leaving thousands of startups that had paid …
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Austin's tech industry sees wave of layoffs; local economists …
Web1 day ago · Despite the recent downturn, several local economists said they remain optimistic about the future of Austin’s tech industry, pointing to its low unemployment …
Applesauce maker files Chapter 7 bankruptcy amid lead recall …
Web(WJET/WFXP) — After a major applesauce recall in late 2023, applesauce producer WanaBanna filed for Chapter 7 bankruptcy on May 15. Chapter 7 bankruptcy is …
Etta restaurants bought for $4M by Texas fintech entrepreneur
WebApr 30, 2024 · Johann Moonesinghe, 41, CEO and co-founder of Austin-based restaurant fintech startup inKind, completed the acquisition April 16, according to court filings, …
‘Startup City’: Accelerated Growth Strains Austin - WSJ
WebDec 27, 2020 · ‘Startup City’: Accelerated Growth Strains Austin. Arrival of Oracle, Apple, Tesla deal new challenges to city’s struggle to stay affordable—and ‘weird’. Shoppers make their way up South...
Austin Startup Accelerator Newchip Collapses Amid Bankruptcy …
WebMay 15, 2023 · Austin Startup Accelerator Newchip Collapses Amid Bankruptcy Case, Takeover Attempt | ABI. Monday, May 15, 2023. Article Tags: Claims. Bankruptcy …
Find Top Austin, TX Startup Lawyers Near You - LawInfo
WebTexas. Austin. Top Austin, TX Startup Lawyers Near You. Wilson, Elser, Moskowitz, Edelman & Dicker LLP. Startup Lawyers. 2407 South Congress Avenue, Suite E - 399, …
Bankruptcy tale shows perils of investing taxpayer money in startups
WebSep 24, 2016 · Laylan Copelin. On the same day that Gov. Greg Abbott declared that taxpayers should stop investing in technology startups, a bankruptcy proceeding in an …
Austin Business Journal on LinkedIn: Austin developer files for ...
WebAustin Business Journal on LinkedIn: Austin developer files for bankruptcy on 155-acre New Braunfels housing… Austin Business Journal’s Post. 47,580 followers. 42m. The …
Austin startup accelerator Newchip collapses amid bankruptcy …
WebMay 12, 2023 · @AustinInno. bizjournals.com. Austin startup accelerator Newchip collapses amid bankruptcy case, takeover attempt. Newchip's Chapter 11 bankruptcy …
Austin software startup files for bankruptcy protection
WebJul 27, 2017. Austin-based Medapoint Inc. has filed for Chapter 11 bankruptcy protection. Documents show the startup, which was founded in 2009 and develops cloud-based …
Austin Business News - Austin Business Journal
WebThey include top management professionals with high net worth who run fast-growing companies and make major purchasing decisions, personally and for their businesses, …
Inside EV startup Fisker’s collapse: how the company crumbled …
Web1 day ago · A year before Henrik Fisker handed over the first 22 Ocean SUVs in the U.S., the founder and CEO made an unusual change in the auto industry: he wanted wheel …
ICYMI: Bankruptcy on New Braunfels development; 100-plus
WebApr 19, 2024 · In this edition of Weekly Wrap: An Austin developer files bankruptcy on a New Braunfels project; more than 100 people are being laid off by a company locally; and …
Inside Sidley Austin’s Strategy for a Restructuring Revamp
WebNov 30, 2023 · So, ears perked up in the tight-knit community last year when Sidley Austin announced its intention to take on the mantle of an upstart challenger. I covered Sidley’s …
Austin police looking for suspect involved in liquor store robbery
Web22 hours ago · AUSTIN (KXAN) — The Austin Police Department is asking for help identifying a suspect involved in a liquor store robbery. Police said the robbery happened …
Austin Bankruptcy Lawyers | Compare Top Rated Texas …
WebFree Consultation & Fees. More Filters. Peter Walter Weston. Austin, TX Bankruptcy Attorney with 49 years of experience. (512) 782-4377 106 E. Sixth Street. Suite 900. …
Austin-based speech therapy startup Expressable raises $26M
WebMay 21, 2024. Listen to this article 3 min. An Austin-based speech therapy startup has raised millions in new investment to add to its clinical network of therapists across the …
Synapse, backed by a16z, has collapsed, and 10M consumers
WebMay 25, 2024 · Last year, the fintech startup world — star of the 2021 venture capital heydays — began to unravel as VC funding grew tight. As we step into mid-2024, large …
Faith-based director led tech startup that once considered …
WebApr 1, 2024 · It is unclear whether Villio ever received a salary from his tech startup in addition to his annual salary of $165,000, plus a $1,000 monthly car allowance leading …
Austin in January: Cash rich and maturing | TechCrunch
Web2019 has been good to the Austin startup scene so far. Combined, Austin startups have raised $240.3 million in January. That’s not much less than the nearly $300 million …
San Jose Business Attorney | LA Business Lawyer | Austin, Texas ...
WebTheir reputation is pre-eminent among attorneys. Law Firm President. Call (408) 441-7500 or (310) 818-7500 - Structure Law Group, LLP is dedicated to serving our clients with a …
Costa Coffee setting up at Austin airport - Austin Business Journal
Web5 days ago · May 27, 2024. Listen to this article 4 min. U.K.-based Costa Coffee is debuting new coffee machines at Austin Bergstrom International Airport, adding to the base of …
Romance Writers of America Goes Bankrupt After Courtney Milan …
Web3 days ago · A professional organization for romance authors filed bankruptcy, blaming the high cost of its annual conference and a membership crisis triggered by the suspension …
Another autonomous vehicle startup shutters, Zoox expands …
WebMar 17, 2024 · Phantom Auto, a remote driving startup that launched seven years ago amid the buzz of autonomous vehicle technology, shut down after failing to secure new …
Austin Regus location swept up in rush of bankruptcy filings
WebSep 14, 2020. Some 75 different entities connected with coworking firm Regus Corp. have filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for …
Fisker cuts hundreds of workers in bid to keep EV startup alive
Web3 days ago · Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. …
MoviePass co-founders speak their truth in HBO’s new documentary
Web3 days ago · HBO’s new documentary, “MoviePass, MovieCrash,” tells a story that many of us know about: how MoviePass, the subscription-based movie ticketing startup, was a …
The demise of BaaS fintech Synapse could derail the funding …
Web4 days ago · Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR …
Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker
Web2 days ago · Fisker has been in a tailspin for months and has made several rounds of layoffs. This latest cut is getting close to the bone. The company employed about 1,135 …
Musk’s xAI raises fresh capital while Synapse’s bankruptcy could …
Web4 days ago · The startup just raised a cool $7.5 million to make sure Germany’s clean energy isn’t going to waste. Listen through to the end to hear how they made it happen!
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