Taking another look at venture debtSilicon Valley Bank’s nosedive has soured many on venture debt, and for early-stage companies, it bears being cautious. As an option for growth-stage companies with more predictable cash flow, however, things may be a little different. TechCrunch+ spoke with David Spreng, founder and CEO of Runway Growth Capital and author of “All Money Is Not Created Equal” to help to clear up some of the misconceptions that surround debt.
Even though the interest on venture debt is usually astronomical, venture debt’s main advantage is that it doesn’t require startups to give up any equity. Not diluting shares in order to raise money can have a huge impact on the economic outcomes, and raising money through a bank loan is usually much easier than raising a round of venture capital.

Silicon Valley Bank: Here’s a timeline of the bank’s failure

Though taking on debt isn’t always the best option, there are some circumstances you may find yourself in where it makes the most sense.
Venture debt is a way of borrowing money, usually between $1 million and $100 million, without any tangible assets to secure it. This is where it differs from a business loan. You might be able to get yourself an unsecured business loan early on in your company’s life, but it’ll be for a relatively small sum of money and the interest rates on it will be on the high side. In some cases, founders have to supply a personal guarantee when they take one out. A secured loan, on the other hand, takes tangible assets as collateral. Startups might not have a whole lot by the way of tangible assets, but they could have other valuable assets. This is where venture debt comes in.
Venture debt is borrowing that’s secured against your intangible assets: predictable future revenue, your IP, and your future VC backing, for example. There are effectively two types of venture debt: early stage and late stage. Early-stage debt tends to be offered on the basis of a startup’s VC backers. Spreng’s own shop, Runway, on the other hand, provides only late-stage debt. It’s for companies that are on the verge of profitability but need an injection of funds to help them obtain the growth they need in order to reach it.

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4 ways generative AI makes founders more interesting to journalists

Craig Corbett
Contributor

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Craig Corbett is a partner at Publicize, a PR agency helping tech leaders and investors push their brands to the front and center of a rapidly evolving media landscape.


The advent of generative AI will lead to a tectonic shift in how startups do PR over the next few years. In July, the Associated Press became the first major news company to sign a deal with OpenAI, while media job cuts have reached record highs.
Gutted newsrooms could stymie one of the greatest engines of startup growth. While generative AI will enhance the capabilities of many publications, they’re also creeping onto news sites in ways we can’t foresee while journalists are laid off. Inevitably, some startups will choose to use AI to churn out thought leadership and PR content.
The problem with that is, if anyone and everyone can do something, then it becomes devoid of value. If any founder can ask ChatGPT to create a listicle on “5 reasons e-commerce will grow in 2023,” then the internet will become even more saturated with that kind of content. And that content is professional-sounding, yes, but impersonal, starved of real-life narratives, and flair-less.


Startups that want to be seen amid the flurry as AI enters the media will need to remember that what most people really want is a human story.


The good news is, this will actually push startup PR to evolve. In-house PR teams will want to elevate their content above the tedious noise. PR agencies will strive to show startups why they shouldn’t be using ChatGPT to do their job. Editors will scream out for original articles over rehashed content. PR and human-written thought leadership will have to sharply differentiate itself from the unoriginal content of overused AI.
Seeing a strong voice of reason or controversy, a provocative response to current events and rapidly unfolding topics — that’s something people are always hungry for. It’s alive, shaped by the world around us, and helps us make sense of it.
Ironically, AI could make PR more responsive, human, relevant. So, where do AI’s limits lie — and where will successful PR strategies shine in the age of ChatGPT?
Embed yourself in current (and future events)
AI does not exist in the present. It’s trained on past datasets, but it can’t follow today’s news, much less if that news hasn’t been published online.
I know from my PR work that journalists take a heightened interest in a business leader when they can speak knowledgeably (and quickly) on unfolding events. As do readers: 62% of professionals want to see thought leadership on current trends.
But how will generative AI change this scenario? It’s likely that the role of journalists will move away from what’s generally achievable by AI — generic advice articles, listicles, etc. — and they’ll have more time to write articles on current events and hard-hitting trends, imbued with relevant commentary.
So, that’s what they’ll want to see more of from founders — commentary on the Senate just passing a new immigration bill and how that will affect tech talent; a thought piece on how startups can leverage a new TikTok trend for growth.
An effective PR strategy will involve a shift in behavior:

Monitoring daily media for current events.
Inserting yourself and your company into breaking news.
Being a founder who can provide punchy opinions on select themes.
Assessing which topics you can speak to beyond your niche: for example, a fintech founder can seek to become an expert in emerging regulation.
Linking this kind of outreach back to your core mission and messaging.

Other than being timely, the difference between you and ChatGPT is that you have friends. You have your finger on the pulse of specific “offline” circles in a way that’s not possible for an AI bot. Journalists will value you being able to bring insights on the word on the street — what the sentiment is over X news story among your peers, the conversations you have with colleagues over the state of the industry.
Finally, you can also peer into the future. A true industry expert can read what’s happening on the ground — not just online — ask for peers’ opinion on a matter of interest, and offer predictions on where a trend is going. Be careful only to do so when your margin of error is small.

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RELEASE DETAILS
Release title:
Fly as shit (Remix)
Main artist name:
Faygoplexine
Release date:
1st Sep, 2023
https://publme.lnk.to/FlyasshitRemix
#newmusic #Release #Music #indepedent #artist #hiphop

Kemper announce Liquid Profiling technology Liquid Profiling is a new technology for the Kemper platform which is said to seamlessly blends their patented approach to amplifier profiling with conventional modelling techniques.

Moog Soundlab Series Returnsnext door to Moog Music’s factory in downtown Asheville, North Carolina, is another institution in electronic music—one that has been at the center of artist collaboration, new music discovery, and synthesis education for more than a decade. 

Designed to be an immersive and inviting experience for creatives, the Moog Sound Lab is home to a carefully curated collection of vintage and modern instruments. In Moog’s popular artist performance series that bears the same name, musicians use this space as a stage to reimagine and perform original songs using the vast selection of synthesizers and other electronic instruments. Over the years, this studio space and series has attracted artists such as CHVRCHES, Tegan & Sara, El-P (Run the Jewels), Toro Y Moi, Sylvan Esso, Moses Sumney, and Jack Antonoff.

After a break in Moog Sound Lab video production during the height of the pandemic and the studio’s redesign, the series returns with a new selection of synth-packed performances ready for release. First, Moog spotlights producers Andy Stott and Debit as they create a full song with a range of semi-modular synthesizers.

Watch: Andy Stott & Debit Perform with Moog Matriarch, Grandmother, DFAM & Mavis

While traveling through North America on tour last spring, electronic music producers Delia Beatriz (aka Debit) and Andy Stott spent some quality time at Moog Music’s factory and studio space in Asheville, North Carolina

Inside the Moog Sound Lab, the two joined forces to compose and perform an original track infused with elements of each artist’s unique musical style, ranging from hard techno and post-punk to dream pop and Latin club music.

Get a behind-the-scenes look at how Andy Stott and Debit use Matriarch, Grandmother, DFAM, and Mavis in their creative process, integrating this selection of flexible hardware instruments with Ableton for a seamless production flow.

Watch Andy Stott & Debit’s Moog Sound Lab performance here.

To catch up on past Moog Sound Lab performances and how the space has transformed over time, visit Moog’s YouTube channel.

What’s New in the Moog Sound Lab: Analog Hardware & More

In early 2020, the team at Moog Music embarked on a redesign of its memorable Sound Lab space, upgrading its library of instruments and integrating new professional recording gear thanks to partners like Rupert Neve Designs, Universal Audio, and Echo Fix. The full-featured single-room performance studio has expanded into a multi-room creative suite to accommodate a greater variety of events and experiences for both visiting artists and Moog employees.

Moog has brought viewers inside this electronic music wonderland with its Moog Demo Library series, educational livestreams, and innovative instrument announcement videos. Now, the revitalized Moog Sound Lab with its mix of vintage and modern electronic instruments—everything from the Minimoog Voyager and Sonic Six to Subharmonicon and Matriarch—is ready for artists to explore on site and fans to discover through exclusive videos. 

As Moog continues to roll out new performances like the latest by Andy Stott and Debit, the Moog Sound Lab series promises to continue to feature diverse genres and styles, pushing the boundaries of sonic exploration to inspire the global creative community.

More about Moog Music

Moog Music is the world’s leading producer of theremins and analog synthesizers. The company and its customers carry on the legacy of its founder, electronic musical instrument pioneer Dr. Bob Moog. Moog’s instruments are assembled by hand in its factory in downtown Asheville, North Carolina. Learn more here.