This newest raise comes just three months after Bolt took in a sizable $393 million in Series D funding.
Software stocks give up even more ground
Quick blog here to update you on some pretty important movements in the market. Today, in a nasty day for stocks generally, shares of software and cloud companies took a pounding. In numerical terms, the Nasdaq Composite lost 2.51%, per CNBC data. That’s a very bad day for a huge, critical category of publicly traded […]
Dear VCs: If you want startup prices to come down, stop paying higher prices
That the venture capital market is incredibly exuberant at the moment is not news. Data from 2021 paints the picture of a startup fundraising game at peak velocity, with more capital, unicorns and nine-figure deals than ever. And let me tell you, some venture capitalists are tired of it. PitchBook has a post up detailing […]
Has Y Combinator’s new deal changed the early-stage investing game?
Has Y Combinator truly changed the early-stage startup investing game, perhaps in its own favor? Or did it merely provide more time to its portfolio companies to reach their next stage of maturity?
MycoWorks, making leather from fungi, closes $125M to scale production
The company touts its Fine Mycelium process as the only mycelium engineered to be made-to-order and made-to-specification.
Unicorn exits augur poorly as Justworks delays IPO, citing ‘market conditions’
Justworks’ IPO delay indicates that the enthusiasm gap between private markets and their public analog is wide.
Tech stocks manage modest rally after lackluster US jobs report
Update: Tech stocks have given up all gains since this post went up, with both the Nasdaq and the basket of software stocks we track in the red. From a slightly later perspective, concern about near full-employment and resulting rising interest rates appears to have won the in-market sentiment battle. The relationship between economic news […]
Can you build centralized islands in a decentralized ocean?
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. We’re getting back up to full speed this week, so Mary Ann and Alex along with Grace behind the scenes took on our Friday show. Next week Natasha and Chris are back, and […]
Khosla Ventures debuts first opportunity fund
Managing partner Samir Kaul told TechCrunch that the fund gives the firm an opportunity to retain its pro rata and double down on earlier investments.
AIMMO bags $12M Series A to advance data labeling technology
Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning model, but at the same time, it can be time-consuming and tedious work. A Korean startup called AIMMO, which uses software and humans to label and […]