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Fundraise or find profits with Benchmark and Cambly

This week’s TechCrunch Live features Sameer Shariff, CEO, and co-founder of Cambly, and Sarah Tavel, a long-time investor at Benchmark and previously Graylock. They’re the perfect guests to kick off the third season of TCL! Cambly looks like a sure bet right now, but as you’ll hear from Sameer, it was a struggle to get…

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This week’s TechCrunch Live features Sameer Shariff, CEO, and co-founder of Cambly, and Sarah Tavel, a long-time investor at Benchmark and previously Graylock. They’re the perfect guests to kick off the third season of TCL!

Cambly looks like a sure bet right now, but as you’ll hear from Sameer, it was a struggle to get to this point. After failing to raise a Series A, the company had to change its model overnight. When VC after VC said no, Cambly had to find a way to make a profit to keep the doors open. Since then, the company went on to raise a $20m Series A and $60m Series B, but only because the company took the hard steps to seek profitability earlier than expected.

Cambly’s Series B fundraise went wildly different from its Series A, and I hope you can join the live event to hear the lessons Sameer learned from both rounds. Sarah Tavel led Benchmark’s investment and can speak to what made Cambly a perfect fit for the firm – and you’ll hear from Sameer on why Benchmark was an ideal fit for Cambly too.

Questions I want to ask:

How did the company mindset change following the failure to raise a Series A, and how did the founders keep the team focused and on target?

What steps should founders take when seeking profitable growth before raising venture capital?

Cambly is a unique marketplace, and how did the company initially acquire customers, and when did the company outgrow and replace the strategy for scale?

There are countless language learning marketplaces and services, so what Cambly metrics lead Benchmark to lead Series B?

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Apple is Rumored to Be Working on an iPhone 17 Slim

Already?!? According to a new report from reliable Haitong International Securities analyst Jeff Pu, #Apple has plans to release an iPhone 17, iPhone 17 Slim, iPhone 17 Pro and an iPhone 17 Pro Max. The “Slim,” model will replace the “Plus” with a “slim design,” Pu says. #iphone17slim #applerumors #iphonerumors #mobile #techtok #tech #slimiphone #iphonedesign…

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May 9, 2024

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Already?!? According to a new report from reliable Haitong International Securities analyst Jeff Pu, #Apple has plans to release an iPhone 17, iPhone 17 Slim, iPhone 17 Pro and an iPhone 17 Pro Max.

The “Slim,” model will replace the “Plus” with a “slim design,” Pu says. #iphone17slim #applerumors #iphonerumors #mobile #techtok #tech #slimiphone #iphonedesign #iphone17promax #iphone17pro #CapCut

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OpenAI will soon ask to use your content as training data | TechCrunch Minute

OpenAI is building a tool that will allow creators and media companies to opt-out of the dataset used to train ChatGPT. The new tool, Media Manager, will be released in 2025 and it’s unclear exactly how it will work. But the promise is that OpenAI will no longer have free reign to everything posted online.…

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May 9, 2024

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OpenAI is building a tool that will allow creators and media companies to opt-out of the dataset used to train ChatGPT. The new tool, Media Manager, will be released in 2025 and it’s unclear exactly how it will work. But the promise is that OpenAI will no longer have free reign to everything posted online. This points to AI companies trying to find ways to ensure their impact is largely positive — or maybe they’re just trying to avoid controversy.

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Science & Technology

How Far Away Is a Ceasefire? An Update on Gaza and the Rafah Invasion | Ian Bremmer

In an exploration of conflict and diplomacy, president and founder of Eurasia Group and GZERO Media Ian Bremmer joins TED’s Helen Walters to unravel the ideological underpinnings, contrasting objectives and humanitarian crises defining the current situation in Gaza. Listen for the latest on Israel’s invasion of Rafah and what happened to the proposed ceasefire deal…

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May 9, 2024

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In an exploration of conflict and diplomacy, president and founder of Eurasia Group and GZERO Media Ian Bremmer joins TED’s Helen Walters to unravel the ideological underpinnings, contrasting objectives and humanitarian crises defining the current situation in Gaza. Listen for the latest on Israel’s invasion of Rafah and what happened to the proposed ceasefire deal as well as a dissection of the elusive quest for peace in a region haunted by the specter of war.

This interview was recorded on May 8, 2024 as part of the series “TED Explains the World with Ian Bremmer.” Watch more:

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#Rafah #Gaza #Israel

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