Finance

 

  • With Plans of Investing $100M Next Year, Israel’s OurCrowd Forges Its Own Path in Equity Crowdfunding

    With Plans of Investing $100M Next Year, Israel’s OurCrowd Forges Its Own Path in Equity Crowdfunding

    In the fast-emerging space of equity crowdfunding, Silicon Valley insiders are pretty familiar with players like AngelList. But there’s actually a startup crowdfunding site out of Israel with a veteran team that has a good deal of momentum as well. OurCrowd, which is run by serial entrepreneur and venture capitalist Jon Medved, has put at least $70 million to work in roughly 50 companies… Read More

  • Andreessen Goes On Tweet Storm About Burn Rates, Says To Worry

    In one of his famous “tweet storms,” Marc Andreessen from Andreessen Horowitz went to town on burn rates. He was reacting to Bill Gurley’s comments from last week –and Andreessen is worried too. He sees companies overspending, especially on fancy buildings and big staffs that make them look successful, but are just basically paper facades. And Andreessen expects some… Read More

  • Finance Startup Nubank Nabs $14.3M In Sequoia’s First Brazil Investment

    Finance Startup Nubank Nabs $14.3M In Sequoia’s First Brazil Investment

    Nubank, a financial services startup based in Brazil, is today opening for business with two key pieces of news. It is launching its first product: a MasterCard Platinum credit card that you can manage through an Android or iOS app. And it is revealing some of the details of its own finances so that the world knows Nubank means business: the company has raised $14.3 million led by… Read More

  • The Long Fall

    The Long Fall

    Why would the fun stop? Despite the economy of the United States posting anemic growth in the aftermath of the 2007-8 economic crisis, its stock markets are trading near record highs in some cases, and local maximums in others. Money is cheap, companies are flush with cash, job growth has somewhat picked up after a host of setbacks, and there are signs here and there of a stiffening… Read More

  • Orange Partners Its Startup Accelerator With Visa, Moët, And LG

    Orange Partners Its Startup Accelerator With Visa, Moët, And LG

    This morning, Orange, a large French telecom, announced that it has secured a number of partner companies to support its fourth startup accelerator batch, forming what it un-ironically and patly calls the Fab Force. The name dings with Microsoft overtones due to Orange calling its accelerator, you guessed it, Orange Fab. Read More

  • With Karrot, Kabbage Digs Into Lending Club’s And Prosper’s Consumer Loans Business

    With Karrot, Kabbage Digs Into Lending Club’s And Prosper’s Consumer Loans Business

    Kabbage, the Atlanta-based startup that has raised hundreds of millions of dollars to build and run a money lending platform for small, online businesses, is turning over a new leaf, so to speak: today it is launching a new lending service called Karrot — its first product for consumers, is initially launching in the U.S. only. Karrot has grown (sorry) out of what CEO and co-founder… Read More

  • Bitcoin’s Price Skyrockets Following PayPal’s Hug

    Bitcoin’s Price Skyrockets Following PayPal’s Hug

    This morning, PayPal rolled out broader support for bitcoin, allowing merchants to accept the cryptocurrency as payment for digital goods. The reaction to bitcoin itself has been immediate and positive. The PayPal integration is minor — users won’t be able to start stashing their bitcoin in their PayPal accounts, but merchants that use certain PayPal services, and are located in… Read More

  • PayPal Enables Bitcoin Transactions For Merchants Selling Digital Goods

    PayPal Enables Bitcoin Transactions For Merchants Selling Digital Goods

    Bitcoin’s momentum among key merchants and platforms on the web keeps accelerating. After hinting at it a few weeks ago when Braintree enabled Bitcoin-based transactions for PayPal developers, the company is now enabling Bitcoin across the PayPal network for merchants of digital goods. The company has expressed interest in bitcoin for a while, with eBay CEO John Donahoe saying in the… Read More

  • Robinhood Raises $13M To Democratize Stock Market With Zero-Commission Trading App

    Robinhood Raises $13M To Democratize Stock Market With Zero-Commission Trading App

    Half a million people have already signed up for Robinhood’s unlaunched zero-fee stock trading service. Now the startup has raised $13 million to hire talent to make its app totally secure so it can start adding people from its private beta waitlist. Unlike competitors E*Trade and Scottrade that charge people $7 to $10 per trade, Robinhood doesn’t need to spend money on… Read More

  • Return Of The M&A

    Return Of The M&A

    2014 has seen an unprecedented number of M&A transactions globally, especially within the tech sector. Global tech M&A was up 55% over last year, soaring to its highest level since 2000. Technology related transactions this year alone have generated over $100B. Read More