Katie Roof

Katie Roof is a senior writer and video host at TechCrunch, where she is focused on the business side of tech. She has an interest in late stage venture capital, and is especially enthusiastic about commerce, social media and wearable tech. Previously, Roof was a tech reporter for FOXBusiness.com and has been a contributor at Forbes, TheStreet and Reuters. She has held television production roles at CNN and Bloomberg TV.

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  • Snapchat is raising more money around $20 billion valuation

    Snapchat is raising more money around $20 billion valuation

    Snapchat may have first made its name in the crowded world of mobile apps with an ephemeral messaging service, but the startup and its wildly popular app are not disappearing anywhere soon. TechCrunch has learned from multiple sources that Snapchat is raising yet more financing at around a $20 billion valuation. Sources with knowledge of the deal say the social media giant is in the… Read More

  • Ex-Twitter VP Brian “Skip” Schipper lands at Yext

    Ex-Twitter VP Brian “Skip” Schipper lands at Yext

    In January, Twitter revealed that several of its key executives were leaving the company. We learned that former product head Kevin Weil landed at Instagram, and now Brian “Skip” Schipper, the former vice president of human resources at Twitter, is joining Yext, the fast-growing location data management company. Schipper will serve as Chief People Officer, overseeing global HR for… Read More

  • Twitter and Betaworks are teaming up in a new fund

    Twitter and Betaworks are teaming up in a new fund

    We’re hearing from multiple sources that there’s a new fund coming out of Betaworks, and Twitter is chipping money into it. Twitter is investing at least $10 million in the new fund, according to one source. We don’t know the total size of the venture. In the past, Betaworks has focused on smaller seed investments and has stayed away from outsized funds. Another previous… Read More

  • Acacia soars 35% in second tech IPO of the year

    Acacia soars 35% in second tech IPO of the year

    It has been a terrible year for tech IPOs. Until now, only SecureWorks braved the market and it didn’t go well. But Acacia Communications braved the public markets today and outperformed expectations. After pricing its offering at the top of the range at $23 per share, the company soared to above $30 in its first day of trading, yielding a market cap of above $1 billion. Read More

  • Juno thinks it can beat Uber by playing nice

    Juno thinks it can beat Uber by playing nice

    Talmon Marco thinks he knows what it takes to beat Uber in the on-demand ride sharing business. The Israeli entrepreneur, known for co-founding messenger service Viber, is launching Juno in New York City “soon.” Marco spoke with our own Ingrid Lunden on stage at TechCrunch Disrupt, explaining that by giving the drivers half of the company’s equity, he believes it will… Read More

  • Scoutible says its video games will find you a job

    Scoutible says its video games will find you a job

    What if finding a job were as easy as playing a game? Scoutible thinks its smartphone games have what it takes to assess the aptitude and traits required for certain professions. The company launched at TechCrunch Disrupt in New York on Monday. With work experience at the White House, Goldman Sachs and a JD/MBA from Harvard under her belt, Scoutible CEO Angela Antony thinks she has what it… Read More

  • TheHelpingHand.club uses Uber to direct homeless people to shelters

    Coders stayed up all night at the TechCrunch Disrupt NY Hackathon this weekend in Brooklyn, New York. With just 24 hours to build something meaningful, it was no easy task. But four gentlemen met at the event and decided to build an app that could help keep homeless people off the streets and give them the care that they need. Read More

  • Musical.ly raising $100 million at $500 million valuation for social music videos

    Musical.ly raising $100 million at $500 million valuation for social music videos

    Musical.ly, the app that makes it easy to create music videos, is in the process of raising about $100 million in funding, at around a $500 million post-money valuation, TechCrunch has learned. The details are still being finalized, but the plan is for GGV Capital and Qiming Venture Partners to co-lead the round, with participation from Greylock Partners and DCM. Headquartered in… Read More

  • Club W rebrands as Winc, raises $17.5 million for personalized wine

    Club W rebrands as Winc, raises $17.5 million for personalized wine

    Club W, a wine club startup based in Los Angeles, is rebranding as Winc. The team has also raised an additional $17.5 million in funding co-led by the Beijing-based Shining Capital and existing investor Bessemer Venture Partners. Originally just an online marketplace, the company has expanded to a full-fledged alcohol business, sourcing and producing all of the wines it sells. Customers fill out… Read More

  • Sell your clothing and electronics with these apps

    Are you looking to clean out your closet and make money while doing it? You no longer have to haul your used items to a consignment shop. A number of apps have made selling used things easier than ever, and we’re not talking about eBay. TechCrunch tested out and chose our favorite apps for spring cleaning. Poshmark Poshmark is basically an Instagram for selling your clothing. Take a photo… Read More

  • LinkedIn up 5% after beating earnings expectations

    LinkedIn up 5% after beating earnings expectations

    LinkedIn surprised Wall Street on Thursday, with better-than-expected first quarter results. Shares jumped about 5 percent in after-hours trading. The company reported adjusted earnings per share of 74 cents, significantly higher than the expected 60 cents. Revenue for the quarter was $861 million, above the anticipated $828 million and a 35 percent year-over-year increase. This was a… Read More

  • Twitter co-founder Biz Stone relaunches Jelly as a human-powered search engine

    Calling it an “un-pivot,” Biz Stone is bringing back Jelly, the Q&A app he created in 2013. Launching today, the new and improved Jelly remains close to its roots, but with an added twist. This time, everything is anonymous so you can ask what you really want to know. Referring to the new Jelly an “on-demand search engine,” Stone said that one lesson he learned… Read More

  • Box CEO Aaron Levie weighs in on markets, privacy

    Box has come a long way since Aaron Levie founded it as a student at USC in 2005. The cloud storage company ultimately went public last year, in what turned out to be a difficult period for tech stocks.  Recent IPOs like Box have been facing added scrutiny, and its shares are currently trading below the IPO price.   TechCrunch sat down with Box CEO Aaron Levie to get his take on… Read More

  • eBay shares rise 5% after beating earnings expectations

    eBay shares rise 5% after beating earnings expectations

    eBay surpassed first quarter earnings expectations when it reported after the bell on Tuesday. Shares ticked up 5% following the announcement. The e-commerce giant brought in $2.1 billion in revenue, when analysts were expecting $2.08 billion. The company also posted an adjusted 47 cents per share, when Wall Street was forecasting 45 cents. eBay also reported quarterly gross merchandise… Read More

  • Leaked Postmates financials suggest company might be doing better than everyone thought

    Leaked Postmates financials suggest company might be doing better than everyone thought

    Postmates, the delivery app, is often seen as emblematic of the struggling on-demand businesses. Countless venture capitalists have told TechCrunch that the company, despite its popularity with consumers, is doomed because its unit economics don’t add up. The costs of paying the couriers is greater than the money generated from delivery fees, according to the narrative.  And naysayers… Read More

  • Dell’s SecureWorks stumbles in first tech IPO of the year

    It has been a dry year for tech IPOs. Up until today’s SecureWorks offering, there had been zero in the U.S. in 2016. Zero. This compares to seven in the same period last year and 24 in that timeframe the year before. So tech investors and late-stage private companies were watching SecureWorks closely, to see if the tech IPO window would reopen. It is one of the few indications we have… Read More

  • PayPal leads $30 million round in Acorns investing app

    PayPal leads $30 million round in Acorns investing app

    Acorns, the investing app, is announcing a $30 million strategic investment from PayPal, with participation from the Rakuten FinTech Fund. This brings the team’s total funding to $62 million. With 850,000 investment accounts, Acorns works by rounding up purchases and investing the remainder. In other words, if you buy a latte for $3.99, that penny will go into an ETF. Users trust Acorns… Read More

  • Yahoo reports flat earnings amid acquisition talks

    Yahoo reports flat earnings amid acquisition talks

    Wall Street is watching Yahoo today, but not just because of its first quarterly earnings announcement that was reported after the bell. The company is for sale and reportedly has a slew of bidders, including TechCrunch’s parent, Verizon. Yahoo’s Board of Directors has been considering what’s called a “reverse spin,” to separate Yahoo’s core assets from… Read More

  • What bubble? VCs spent $12 billion on startups in first quarter

    What bubble? VCs spent $12 billion on startups in first quarter

    Venture capitalists will tell you that a lackluster IPO market and struggling tech stocks mean that they are being more cautious, but the data suggests otherwise. Apart from last year, which saw $13.7 billion invested in the first quarter, National Venture Capital Association data shows that the $12.1 billion invested at the beginning of 2016 was the best start to a year since the dot-com boom… Read More

  • Gary Vaynerchuk on why he’s betting on Facebook Live, Snapchat and Musical.ly

    Seasoned entrepreneur and digital strategist Gary Vaynerchuk sat down with TechCrunch to talk about his new book, #AskGaryVee. An investor in Facebook, Twitter, Uber and Tumblr, Vaynerchuk also advises Fortune 500 companies on their social media ad spend with his company, Vaynermedia. Read More

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