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I’m doing an abbreviated newsletter this week as I want to spend most of my energy amplifying the brave journalists on the ground reporting about this scary time. As so many have said — far more eloquently than me — the invasion of Ukraine is a story that impacts all of us, whether we’re on the ground there or not. And it’s hard to celebrate a funding round when scary times are the moment.
My brilliant colleagues put together a story on how the tech industry is responding to Russia’s invasion of Ukraine; I urge you to read it. While the situation is still ongoing, it’s clear that it’s already a tech story. And startups such as Grammarly, Ajax, People AI and Preply, backed by some of the world’s biggest VCs, are scrambling to support employees and operations amid the invasion.
What I’m hearing from sources is that startup founders are mainly offering financial assistance to employees who are in Ukraine or neighboring countries….