ABL Space Systems’ rocket experiences simultaneous engine shutdown shortly after lift-off
Launch startup ABL Space Systems’ first orbital launch attempt ended in failure Tuesday after all nine engines on the RS1 rocket’s first stage shut down simultaneously. The rocket subsequently hit the launch pad and was destroyed on impact. The rocket took off from the Pacific Spaceport Complex on Alaska’s Kodiak Island at around 6:27 PM […]
Daily Crunch: In ‘an early experimental program,’ OpenAI opens waitlist for GPT Professional
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello from a very rain-drenched, the Cure-themed, semi-goth-and-sad Silicon Valley (Haje) and a lovely, sunny and warm day (Christine). It’s hard to imagine one from the other, and so here we are, […]
When it comes to web3, investors say they’re in it for the long haul
In the heat of 2021’s record-setting venture market, you couldn’t avoid the growing noise from the burgeoning web3 sector. Trust me, I tried. But while some of that momentum carried into 2022 (Yuga Labs closed a $450 million seed round in March), the rest of the year was relatively quiet. Yes, venture as a whole […]
Carta lays off 10% as CTO lawsuit looms
Carta, an equity management platform that was last privately valued at $7.4 billion, has cut 10% of its staff, confirming earlier rumors that a workforce reduction was in the works. Using LinkedIn data, the layoff could have impacted around 200 employees. Today’s layoff is around the same size as its 2020 workforce reduction, an event […]
How we pivoted our deep tech startup to become a SaaS company
Brian Casey Contributor Brian Casey is CEO of ECM PCB Stator Technology. For the foreseeable future, global markets will require billions of highly specialized electric machines that perform much better than the inefficient relics of the past. Initially, we approached this as a hardware challenge until we determined that the key to meeting next-generation electric […]
Deel enters equity management space with acquisition of Capbase
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies have told TechCrunch exclusively. As its name suggests, San Francisco-based Capbase claims it can update a company’s cap table in real time as it issues shares, signs contracts and raise money from investors. It then […]
Dear Sophie: Any tips for presenting a strong H-1B case? What if I’m not selected?
Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: How […]
Will what happened at CES, stay at CES?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha chatted with Haje Kamps and Brian Heater about CES which took […]
Inside Secfi’s 2022 state of stock options equity report
Frederik Mijnhardt Contributor Share on Twitter Frederik Mijnhardt is the CEO of Secfi, an equity planning, stock option financing and wealth management platform for startup executives and employees. More posts by this contributor How investors can still get strong returns from late-stage tech startups Late-stage tech companies must do right by their employees: Reassess your […]
Blaze makes coding more accessible with AI-driven, no code app builder
There are lots of people out there with their finger on the pulse of the business, who have ideas on how to build useful apps, but lack basic coding skills and the ability to put their ideas to work. What if those people could describe an app they wanted to build, then add connectors to […]
