On Deck

Clubhouse, Chief and On Deck all give us a snapshot into how community startups are doing right now. Hint: It’s more complicated these days.

Let’s check in on community-focused startups

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On Deck tried to do it all. Now, it’s trying to do less, better

Erik Torenberg is no longer the co-CEO of On Deck, a tech company that is trying to productize the community in a way that helps founders secure capital and advice. Torenberg, an early Product Hunt employee and the founder of investment firm Village Global, assumed the role only a year…

5:33 pm PDT • September 22, 2022
On Deck tried to do it all. Now, it’s trying to do less, better

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On Deck lays off a third of staff after cutting a quarter just months prior

On Deck, a tech company that connects founders to each other, capital and advice, has conducted another round of layoffs just three months after laying off a quarter of its staff. Sources say that more than 100 people were impacted by the workforce reduction, accounting for half of the entire…

11:40 am PDT • August 4, 2022
On Deck lays off a third of staff after cutting a quarter just months prior

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You may need more than one pitch deck

Let’s talk through the differences and similarities between your pitch decks and take a closer look at what each deck needs to do in each context.

7:00 am PDT • July 18, 2022
You may need more than one pitch deck

Uprise takes in a user’s full financial picture, including overlooked aspects like employer benefits, and offers recommendations on where to funnel money.

Uprise banks $1.4M to be a ‘family office’ for Gen Z

Tech layoffs don’t happen to companies, they happen to people

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex asked: What does the most recent wave of layoffs mean…

Tech layoffs don’t happen to companies, they happen to people

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Post-pandemic reset leads to wave of layoffs in tech

OK, maybe it is a reckoning. Over the past week, we’ve witnessed an alarming amount of layoffs across the startup ecosystem, from buzzy, big names like Cameo, On Deck and Robinhood, to B2B platforms like Workrise and Thrasio. The common thread between most of these layoffs, according to founders, is…

12:17 pm PDT • May 6, 2022
Post-pandemic reset leads to wave of layoffs in tech

On Deck, a tech company that connects founders to each other, capital and advice, has laid off 25% off its staff, per sources familiar with the company. The layoffs were…

On Deck cuts 25% of staff, scales back accelerator

Because there are so many small businesses out there on Main Street that don’t have access to the same juicy venture capital rounds that seem pervade today’s tech industry, On…

On Deck Adds $17M From Google Ventures And Peter Thiel To Help Small Businesses Connect With Capital

Not all small businesses and startups are lucky enough to raise venture capital. When Main Street business owners, like your local tailor, barber or florist find themselves in need of…

After Declining Wonga Offers, On Deck Lands $42M From IVP, SAP & First Round To Bring Online Lending To Main Street

We make a lot of noise about the venture capital and angel funding startups raise to help grow their businesses. But there are a lot of mom-and-pop shops out there…

With $275M In Capital Deployed To Main Street Businesses, On Deck Raises $100M Of Its Own

On Deck Capital, the platform that helps connect small businesses with capital, has raised $19 million of its own in a series C funding round. The startup raised $15 million…

On Deck Raises $19 Million To Connect Main Street Businesses With Capital