Business Development Representative

Fondue has been acquired by Postscript by Fondue Team

Mark Ghermezian, co-founder and former CEO of Braze, announces the launch of his venture capital firm focused on investing in the next generation of cloud disrupters.NEW YORK, May 18, 2023 /PRNewswire/ -- Today, m]x[v Capital ("m]x[v"), an early-stage venture capital firm announced the close of its over-subscribed debut fund at $52 million in capital commitments. The fund invests in early-stage (pre-seed, seed) B2B enterprise SaaS companies that are founded by dedicated, tenacious leaders who are paving the way for the next generation of cloud disrupters. m]x[v is supported by a strong roster of former founders, limited partners, including Bain Capital Ventures, Cendana Capital, Pritzker Group, K5 Global, Social Leverage, and notable General Partners of top-tier funds and family offices.Founding and funding the future of cloud.Founded by Mark Ghermezian, an angel investor and co-founder/former CEO of Braze (BRZE) (a lifecycle marketing platform that IPO'd in November 2021), Ghermezian is focused on bringing a founder and operator perspective to the cap table. Having navigated the many hurdles of launching, scaling, and growing a company, he is passionate about helping founders navigate the early days of starting a business by offering his experience and expertise to help their companies scale. As an angel investor, Ghermezian was an early investor in companies such as Nutanix (IPO), Lattice, Thoughtspot, Outreach, Rubrik, Wag (IPO) and Riskified (IPO), along with 50 other investments, largely focused on SaaS.m]x[v has built a strong community of Limited Partners and "friends of the fund," many of whom were former founders that led companies from ideation to IPO. Ghermezian's contribution to the startup community landed him a place in Signature Block's 2022 Emerging 50 Manager list , a select group of the venture industry's newest fund managers that provide real value to their investors and the founders they have backed."I love building companies and bringing people together to solve massive problems

It isn’t often that startup rivals battle in plain view of others, but such is the case with the mobile messaging services provider Postscript, which took to the Twitterverse earlier this month after receiving a cease-and-desist letter from competitor Attentive.Attentive’s letter was in response to a client case study that Postscript had authored and posted on its website about nutrition company BUBS Natural, which said BUBS Natural left Attentive for Postscript after finding its list actually shrinking instead of growing, then battling with the company to move its list off its platform.Calling out Postscript for “false, misleading and deceptive claims” being made about it in those published materials, Attentive in its letter demanded that Postscript cease posting them.Asked afterward what’s going on between the two outfits, Attentive, through a spokesperson, responded via email that “Unfortunately, Postscript has a history of false claims and deceitful conduct. We’ve sent multiple cease and desist letters over the years as they’ve made inaccurate claims about Attentive, which they’ve acknowledged and corrected. We’ve also brought a federal lawsuit in January of 2023 against Postscript for ongoing and willful infringement of our multiple patents for our two-tap mobile technology, which revolutionized brands’ ability to add customers to their SMS lists in a compliant way.” (Attentive shared a copy of the complaint with TechCrunch.)Some of the “beef” between the two may seem ticky-tacky to outsiders. For example, Attentive’s cease-and-desist letter complained about the timeline in Postscript’s marketing, which says that former customer BUBS Natural was a customer of Attentive for three years when Attentive says BUBs was a customer for roughly half as long.In response to Attentive’s letter, Postscript’s co-founder Alex Beller published an exasperated-sounding tweet, saying Postscript has heard before from Attentive and calling the company a “bully.” He also published a “response in full” that attempted to strike a more measured tone.Reads the response: “Postscript takes your accusations seriously and provides its substantive response below. But it is important also to note the broader context in which Attentive is casting those accusations. Postscript is making gains in the market