Free TV, but with a catch: Telly, a hardware startup led by Pluto TV co-founder Ilya Pozin, announced Monday that it’s giving away 500,000 of its new smart TVs for free. The parent of Facebook has officially spun out Kustomer, the CRM startup it acquired last year for around $1 billion. Found featured Kamakshi Sivaramakrishnan, the co-founder and CEO at Samooha, a startup creating key infrastructure needed for data collaboration. Here are a few highlights from this week:The new rules of venture debt: The collapse of Silicon Valley Bank (SVB) was not the end of venture debt, but it was likely the end of companies raising debt with the same ease many were accustomed to. Rebecca writes about the state of venture debt in the wake of SVB and then First Republic Bank’s collapse and how it might change in the future.

Source: Forbes May 20, 2023 20:49 UTC