Good morning!
All signs are pointing to a recovery in 2024, and that’ll be better for some than others. The past few years have seen investors propping up mediocre portfolio companies, hoping that a little boost can help them through a tough fundraising market.
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But now investors are doing less triaging, which means lots of startups will likely run out of cash next year. That’s not necessarily a bad thing, writes Rebecca Szkutak.
Thanks for reading,
Karyne
Techcrunch eventThe time to triage is over
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Join 10k+ tech and VC leaders for growth and connections at Disrupt 2025
Netflix, Box, a16z, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just some of the 250+ heavy hitters leading 200+ sessions designed to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch, and a chance to learn from the top voices in tech. Grab your ticket before Sept 26 to save up to $668.
San Francisco | October 27-29, 2025 REGISTER NOWAsk Sophie: How can I move to the US to join my co-founder?

Dear Sophie,
For the past five years, I have been running the Boston-based biotech startup I co-founded while living in Pakistan while my co-founder has been living in Boston. Now I want to move to the U.S. to expand our business. What options are available to me?
— Plucky Pakistani
Ask Sophie: How can I move to the US to join my co-founder?
How to ensure an ethical acquisition for your startup

“Unfortunately, the exciting possibility of an acquisition leads new founders to make all kinds of mistakes,” writes Syed Balkhi, founder and CEO of Awesome Motive. And he should know, as he ran into many of these pitfalls when building his own company. There are some steps you can follow to ensure that you’re protected.
How to ensure an ethical acquisition for your startup
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The bull case for software growth in 2024

Things are looking bright(er) in startup land, at least for companies dealing in software: According to recent earnings reports, investors waiting for businesses to stop cutting and start growing can finally breathe a sigh of relief.
The bull case for software growth in 2024
5 tips for founders looking to launch in the US

Starting a business in the U.S. is no easy feat. Tapestry VC founding partner Patrick Murphy shares some tips on how European founders can break through when trying to start a business abroad.
5 tips for founders looking to launch in the US