The startup has big plans: It is moving into the cryptocurrency market, it announced this morning, and partnering with Plaid to make money transfer easier for investors.
Forbes jumps into hot media liquidity summer with a SPAC combo
Is it the most exciting debut? No. But it does highlight that with enough gumption, one can take a magazine business into the digital age and keep aggregate revenue growing. That’s worth something.
Politico sells, Forbes SPACs and Vice cuts
The Equity crew felt that there was enough media news out recently that we simply had no choice but to fire up a Twitter Space and have a chat. The above episode is a discussion of a few things, in a loose and relaxed manner, so don’t take any of the Verizon jokes too […]
Techstars’ Saba Karim is coming to TechCrunch Disrupt 2021
Good news, TechCrunch family, Techstars’ Saba Karim is coming to Disrupt (September 21-23) this year. With a great vantage point from his perspective as Global Startup Pipeline Manager at Techstars, Karim will be hosting a session on the Extra Crunch stage discussing how to craft a pitch deck that cannot be ignored. It’s a popular […]
Picsart raises $130M from SoftBank, becomes unicorn on the back of its visual creator tools
Picsart COO Tammy Nam said it was now past a $100 million run rate, and that it was worth more than $1 billion after the SoftBank round. That was the extent of our ability to mine her for details.
D2C specs purveyor Warby Parker files to go public
Warby Parker has two main sales channels, largely attractive economics, falling losses and rising adjusted profitability. You could even argue it handled the pandemic well. So what’s it worth?
Sora’s HR automation software raises $14M Series A
Two Sigma Ventures led the financing event, putting in $10 million, with prior investors completing the round.
Future tech exits have a lot to live up to
Investors appear to be betting that the future IPO market will accelerate at attractive prices. Otherwise, none of what we are seeing regarding the rising price of startups makes sense.
Why have the markets spurned public neoinsurance startups?
The companies we’re examining cover auto insurance (Root, MetroMile), home and rental insurance (Hippo, Lemonade), and health insurance (Oscar Health). All are taking a whacking by the market. Why?
Equity Monday: Stocks up, cryptos up, regulation up
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]