TechCrunch+ Recap: Latin American Startup Strength, Global Chip Shortage, Visa Bulletin Update

It might be funny to say “you had one job” when decorating a birthday cake went wrong, but the stakes are much higher when you’re talking about executives who don’t attend board meetings. Become.

“An uninvolved or dysfunctional board isn’t just bad for CEOs and MPs. They’re bad for everyone.” Matt Blumberg wrote:Bolster co-founder and CEO, has spurred changing the format of the conference to include follow-up research and additional outreach.

“It’s a lot of emotional elements to manage, but I’ve found that doing so keeps the conference fresh and well-paced.”

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Many entrepreneurs see the board of directors as a hurdle to avoid or overcome, which is unfortunate. A well-run session is a legitimate opportunity to discuss challenges and ask for help when needed.

Example: No one wants to read the slides at the board meeting, so distribute handouts ahead of time and ask attendees to email questions. A board meeting should be a working session, not a monologue.

To encourage engagement and diversity, Blumberg recommends adding one independent director for each investor board seat, with one seat reserved for a founder or team member. Recommended.

“There is no doubt that running an effective board or serving as an effective director takes serious time, energy and diligence,” he says. “But that’s no reason not to try.”

Thank you for reading.

Walter Thompson
Editorial Manager, TechCrunch+

Today: Q&A with Silicon Valley Immigration Attorney Sophie Alcorn

Image credit: Joanna Buniak / Sophie Alcorn (opens in new window)

is hosting Twitter Space Today at 10am PT/1pm ET With immigration attorney and TC+ columnist Sophie Alcorn.

If you’re trying to navigate the cumbersome US immigration process, or if you know someone, join the conversation and ask questions.

Eight investors discuss the future of reproductive health startups in a post-Roe world

female symbol poster

TechCrunch+ asked investors for their thoughts on the state of ventures in the post-Roe world.

Dominic-Madori Davis surveyed eight investors about the role venture capital plays in this new era when Americans no longer have the legal right to have an abortion.

The Supreme Court’s Dobbs decision touched more than health care and personal privacy: Will capital and talent escape US states that restrict reproductive rights? Will it help more startups scale?

Dominique Madri discusses how the group plans to wield influence and how it prefers to be approached by entrepreneurs, given “the tenuous relationship between venture capital and ethics” asked the group.

  • Hessie Jones, Partner, MATR Ventures
  • Lisa Calhoun, Gary Peet, William Leonard, Valor Ventures
  • Mecca Tartt, Executive Director, Startup Runway
  • Ed Zimmerman, Founding Partner at First Close Partners
  • Theodora Lau, Founder of Unconventional Ventures
  • McKeever Conwell, Founder of RareBreed Ventures

Pitch Deck Teardown: $7M for party rounds, uh, party round decks

In November 2021, Party Round, a startup aiming to automate seed-stage fundraising, raised $7 million using its proprietary platform.

Its founder recently shared with us a pitch deck of 10 unedited slides, so TC+ members can see what worked.

  • cover
  • slogan
  • Resolution
  • value proposition
  • product
  • competitive advantage
  • “Why now?”
  • Mission
  • team
  • close

Dear Sophie: My EB-2 priority date is two years late! What should I do?

A lone figure at the entrance to a maze of hedges with an American flag in the middle

Image credit: Bryce Durbin/TechCrunch

In her latest column, Sophie Alcorn discusses EB-1A category green cards for extraordinary ability and multinational managers, EB-2 green cards with NIW and PERM, and EB- I answered your question about 3.

Dear Sophie

I was so close! The priority date for my EB-2 application to register for permanent residency was only 9 days from the date listed in the September 2022 Visa Bulletin, but the October 2022 Visa Bulletin date was It predates him more than two years.

I’m a software engineer and wanted to get a green card before changing jobs, but now I’m rethinking my career path. The only thing holding me back is that I’ve heard that if an employee leaves their employer before they actually get their green card, they will be fined.

what’s your advice?

— Bumped into Bulletin

Dear Sophie

I am currently on L-1B and my employer has sponsored me an EB-3 green card. My L-1B only has one year left, so my employer applied for an H-1B lottery and I was selected!

Will my EB-3 priority dates be retained if I switch to H-1B?

— Enthusiastic Employee

Dear Sophie

I am a writer, a motivational speaker, and a young 60. Can I apply for an EB-1A Green Card?

— successful speaker

In Latin America, founders and investors are trying to balance caution and optimism

A hand holding a snapshot of a blossoming tree against the same tree in winter without leaves.Latin America Cautious Optimism

Image credit: Thomas Jackson (opens in new window) / Getty Images

If valuations are your criteria, the Latin American startup ecosystem reached maturity some time ago.

According to Julio Vasconcellos, managing partner of VC firm Atlantico, “marking a long-awaited inflection point,” the region’s first unicorns have appeared in the past five years.

In his third annual TC+ report, Vasconcellos compares Latin America’s recent gains to the US in areas such as telemedicine, grocery delivery and fintech. Pandemic historical trend lines.

What the CHIPS and Science Act Means for the Future of the Semiconductor Industry

Pattern of potato chips on a pink background, hard light with shadows. Unhealthy junk food concept.

Image credit: Anna Brajuk (opens in new window) / Getty Images

For more than two years, the global semiconductor supply chain has reached its limits.

There is more than one cause. Extreme weather, COVID-19, the protracted US-China trade war, and Russia’s invasion of Ukraine are just a few factors, not to mention a surge in demand for cryptocurrency mining.

US accounts for only 12% of global semiconductor production, but recently enacted CHIPS and Science Act of 2022 liberates $52.7 billion in subsidies for domestic workforce development, R&D and manufacturing will be

“The CHIPS Act seems like a green light for domestic manufacturing,” says Simon Butler of Perforce Software.

“However, the president’s executive order issued earlier this year could pose a roadblock for semiconductor design firms keen on national security projects.”

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