Day One Ventures, a venture firm launched in 2018 with a pitch to combine venture capital acumen with marketing and communications support, has launched a program aimed explicitly at those impacted by tech layoffs this year.
The program, titled “Funded Not Fired,” will write $100,000 checks into 20 startup teams by the end of the year. Top businesses from the cohort will then get follow-up capital from Day One Ventures commitment to lead their pre-seed round with a $1 million check. In total, the firm is allocating at least $5 million from its $52.5 million fund to back founders spinning out o
Laid off from your tech job? Day One wants to give you $100,000 to start a company
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