Daily Crunch: Twitter CEO admits he purchased platform for $44B because ‘I kind of had to’
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. Good morning, you glorious souls. Have you stretched today? As you’re settling in for the newsletter and the top stories from TechCrunch for today, can you grab yourself a glass of water? […]
Turns out most unicorns today are more myth than reality
The pace at which new billion-dollar startups are minted is in freefall. Given what we’ve seen recently concerning the late-stage funding market, we shouldn’t be shocked. As late-stage dollars retreat and capital served up in mega-rounds — deals worth $100 million or more — evaporates, the fuel that once lifted many a startup rocket into […]
The venture market may be correcting more than we think to pre-Covid times
Ever since the tech downturn began affecting startups, a question kept coming up: What if we are witnessing a correction? The question implied that the way deals were done in the past couple of years, mostly during late-2020 and nearly all of 2021, were the exception, not the rule, and venture investing was returning to […]
Secondary market trackers are lighting up a traditionally dark deal environment
As many private companies try to avoid raising capital in the current market, it’s become significantly harder to figure out what companies are actually worth. But a market that’s traditionally even less transparent than venture is providing clues. The secondary market, where investors can buy and sell existing stakes in a startup or fund, offers […]
Founders shouldn’t have to chose between mental health and grit
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 today we’re niching down to a group of experts, thinking about their work and unpacking the rest. This week, Natasha spoke with a founder, a psychiatrist […]
Device42 tunes IT infrastracture tooling to measure carbon emissions
Device42, a startup that helps companies understand and manage their hybrid infrastructure, can see a lot of information about each customer’s hardware and software usage. The company decided to use that ability to look at how each part of the system was contributing to carbon emissions. “Our focus as a platform is to discover IT […]
This fintech startup ideally wants to be ‘a lot more boring’ than Robinhood
Soon after launching Ocho, a startup offering personal finance support for business owners, Ankur Nagpal realized that the company’s debut product – a solo 401(k) retirement account – “is not a venture-backed business” in and of itself. Despite landing nearly 300 customers with that initial wedge, the entrepreneur is already focused on broadening the service […]
Ask Sophie: How many employment green cards are available each year?
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 Ask Sophie: How […]
30 Glorious Years of Business Excellence
Mr Sanjay Ghodawat, Chairman and Founder, Sanjay Ghodawat Group New Delhi (India), April 12: Sanjay Ghodawat Group (SGG), since its inception in 1993, has been serving the nation in several high-value business sectors such as: Aviation, Consumer Products, Education, Energy, Real Estate, Retail and Textiles. SGG has grown significantly under its Founder & Chairman, Mr […]
Lending startup Kala is helping Latin American banks more easily offer credit
Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala, a Colombia-based company building fintech infrastructure for lending. The company, co-founded by Manuel Alemán, Rodolfo Lazo and Paul Cattólica in 2022, is developing a vertical SaaS product for institutions, like banks and credit unions, that want […]
