Earlier today, we joined friend and former colleague Jon Fortt of CNBC in interviewing partner Pat Grady of Sequoia Capital, and it proved a wide-ranging conversation. You can check out the video below, but we thought there were some highlights worth pulling out for some of you, including as it pertains to the current market, […]
Debt versus equity: When do non-traditional funding strategies make sense?
How can debt be stable and reliable? Seems like an oxymoron, but the reality is that while equity investors are looking for growth, debt investors just want to get paid back with interest.
Former head of Mint raises $4.5M for Lean to give gig workers access to financial products
Gig and independent workers have different needs than salaried employees when it comes to financial products. It’s a challenge that Tilak Joshi, founder of Lean, became acutely aware of during his tenure as head of Mint and years as a product exec at American Express and PayPal. While the U.S. has seen a major shift […]
New leAD Sports & Health, Tavistock Group fund comes as sport tech market poised for double-digit growth
The new fund comes as the global sports technology market is poised to grow at a compounded annual growth rate of 17.5% to reach $40.2 billion by 2026.
Indonesia-focused Intudo Ventures closes $115M third fund
Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed. Fund III’s limited partners include Black Kite Investments, the family office of Singaporean businessman Koh Bon Hwee; Wasson Enterprises, the family office of […]
Extra Crunch roundup: Options pool rules, voice tech hurdles, keeping employees engaged
Don’t wait to be blindsided: Put an action plan in place to assess employee engagement. Remember, seven out of the next 10 people you see on a video call might be polishing their resumes.
The next Theranos should be shortable
Matthew Wansley Contributor Matthew Wansley is Assistant Professor of Law at Cardozo School of Law in New York A jury will soon decide whether former Theranos CEO Elizabeth Holmes is guilty of a federal crime. But the deeper public policy questions that Theranos raised remain unanswered. How did a startup built on a technology that […]
HoneyBee raises millions to make financial wellness a workplace benefit
HoneyBee, a startup that aims to help companies provide access to financial support to their employees, announced today it has raised $5.7 million in equity in a round led by FFVC. Resolute Ventures, Afore Capital, Rebalance Capital, K50 and Financial Venture Studio also participated in the financing, along with two-time NBA all-star Baron Davis. HoneyBee […]
Jetty raises $23M to help give renters more payment flexibility
Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23 million in a funding round co-led by Citi and Flourish Ventures. The financing brings Jetty’s total raised since its 2016 inception to $78 million. Other investors participating in the latest growth round include Credit Ease and K5. Previous backers […]
BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion
BP Ventures, the investing arm of oil and gas giant BP, has announced a €10 million (~$11.9 million) investment in Ryd, a German in-car digital payments provider. The fresh funds will help Ryd expand its service into international markets and build out its offering, according to a statement. Ryd’s service allows users to lump together […]