Silicon Valley Bank’s chief risk officer is out, months after taking the job
When Silicon Valley Bank’s collapse was first unfolding, a belated disclosure colored some of the chaos: The bank spent most of last year without a chief risk officer, and the one who left sold more than $4 million of stock in the bank before departing. The new CRO, Kim Olson, who joined in January 2023, […]
Daily Crunch: YouTube sets $249 starting price for NFL Sunday Ticket subscriptions
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Tuesday Crunch! Did you know TechCrunch’s weekly event series has a podcast? Aptly called The TechCrunch Live Podcast, these shows are condensed versions of the weekly event minus the video. Of […]
Upfront’s Kobie Fuller has designed an investment framework for modern enterprise software
Kobie Fuller, a partner at Upfront Ventures, had a notion that there are certain characteristics that every successful enterprise software company shares. You might think that’s not something that’s easily quantifiable or identifiable, maybe just something that any investor knows or senses when they see it. But Fuller decided to sit down and figure out […]
The Security Stage Debuts at Disrupt 2023
If you haven’t noticed, the internet is frequently on fire. Overseas cyberattacks are hitting public services like healthcare at home. Data breaches are the new school “snow days.” Small towns and local governments are largely unable to fend off ransomware attacks on their own. Nation-state hackers are undermining human rights and the security and privacy […]
TechCrunch+ roundup: 5-year business models, RevOps tactics, how much to pay founders?
About 10% of startups will fail in their first year. Between years two through five, approximately 70% of companies will go under. But those figures don’t matter when you’re pitching: Investors expect to see a business plan that describes how you plan to reach profitability within 3-5 years. “While it may feel unfamiliar, as a […]
After spinning out of IBM-acquisition NS1, open source startup NetBox Labs raises $20M
NetBox Labs, a new open source startup spun out of VC-backed network automation company NS1 back in January, today announced it has raised $20 million in a Series A round of funding from a slew of high-profile investors. NS1, for the uninitiated, is a 10-year-old domain name system (DNS) and network automation platform used by […]
VCs still think work software is a wise investment
Work software is seeing significant investments from VCs, reflecting the continued trend toward digital transformation and remote work. In its Road to Next report released Tuesday, Deloitte found that even though overall investment in work software companies is down from the lofty heights it reached in 2021, the segment still accounted for 15% of total […]
Attend Ajay Agarwal’s TechCrunch Early Stage roundtable to hear his advice to early-stage software companies
TechCrunch Early Stage takes place on April 20, 2023, and we’re thrilled to announce a late addition to the program. Long-time, early-stage investor Ajay Agarwal is hosting a roundtable to discuss lessons learned with other Early Stage attendees. Ajay has been an instrumental investor since joining Bain Capital Ventures in 2003. If you haven’t already, […]
Hey look, unicorns are rare again!
Investors are no longer minting nearly two unicorns per day. In fact, we’re down to barely more than one new mythical horned horse per week. Welcome to the new venture normal, where it seems stories of previously well-funded startups imploding will be more common than news of mega-rounds. Tracking the global venture slowdown is a […]
DBeaver takes $6M seed investment to build on growing popularity
When DBeaver creator Serge Rider began building an open source database admin tool in 2013, he probably had no idea that 10 years later, it would boast over 8 million users. The open source product proved so popular that he launched a company to support it in 2017, and began building a commercial product for […]
