Katie Roof

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

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  • Database provider MongoDB has filed confidentially for IPO

    Database provider MongoDB has filed confidentially for IPO

    MongoDB has filed confidentially for IPO, sources tell TechCrunch. The company has submitted an S-1 filing in the past few weeks and is aiming to go public before the end of the year. New York-based MongoDB helps companies manage databases. Some of its offerings include its name-bearing MongoDB open-source database and the Atlas database-as-a-service offering. Read More

  • Benchmark: We should have sued Kalanick sooner

    Benchmark: We should have sued Kalanick sooner

    The saga between the powerhouse venture firm Benchmark  and former Uber CEO Travis Kalanick continues. Following last week’s lawsuit revelation, Benchmark penned a public letter to Uber employees explaining why it is taking legal action against Kalanick, who remains on Uber’s board and controls two other, empty board seats. Read More

  • Another record low for Snap after 14% drop post-earnings

    Another record low for Snap after 14% drop post-earnings

    Snap, the Snapchat parent, has had a very difficult ride in the stock market since debuting in March. After pricing its IPO at $17 and then reaching highs of $27, the company has fallen to less than half that. After losing 14 percent of its value in a single day’s trading, Snap closed Friday at $11.83. Read More

  • Uber shareholder group asks Benchmark to step down from board following Kalanick suit

    Uber shareholder group asks Benchmark to step down from board following Kalanick suit

    In what is rapidly devolving into an all-out brawl on the board of the world’s highest-valued private company, a group of Uber shareholders have asked the venture capital firm Benchmark to step down from the board of directors. This move comes only a day after Benchmark took the aggressive step of filing suit against Uber’s former CEO Travis Kalanick. Read More

  • Benchmark sues former Uber CEO Travis Kalanick

    Benchmark sues former Uber CEO Travis Kalanick

    Benchmark, the Silicon Valley venture firm and early investor in Uber, has sued former CEO Travis Kalanick. In a Delaware Chancery Court filing, originally identified by Axios’ Dan Primack, the suit alleges that Kalanick committed fraud, breach of contract and breach of fiduciary duty. Both Kalanick and Benchmark hold Uber board seats. Read More

  • Nextdoor turns to real estate listings for monetization

    Nextdoor turns to real estate listings for monetization

    Nextdoor, the social media platform for neighborhoods, is rolling out a real estate listings feature, showcasing housing for sale in local communities. The idea is to formalize behavior that’s been happening organically. The feature isn’t just for those looking to buy homes — it also aims to help users assess the changing real estate prices in their respective communities. Read More

  • Why Science is turning to ICOs for its incubator

    Why Science is turning to ICOs for its incubator

    There has been a wave of startups turning to initial coin offerings, known as ICOs, to raise funding through digital currency and now at least one fund is doing this, too. Science Inc., the LA-based team co-founded by Peter Pham and Mike Jones, which has incubated startups like Dollar Shave Club, DogVacay and Wishbone, is launching a fund for blockchain startups and plans to raise the… Read More

  • Blue Apron falls 5% on layoffs report

    Blue Apron falls 5% on layoffs report

    These Blue Apron layoffs come about a month after the company’s lackluster initial public offering, its co-founder and COO Matthew Wadiak stepping down and a lawsuit from a former employee. The layoffs are aimed at Blue Apron’s facility in New Jersey, where it will cut 1,270 jobs. Read More

  • Fitbit tries to convince investors it’s still alive

    Fitbit tries to convince investors it’s still alive

    Fitbit’s shares are not much more than 10% of the highs it reached of $47.60 in July 2015, the month following its public debut. On Wednesday, Fitbit closed $5.07, just barely a “unicorn” at $1.16 billion in market value. But the stock saw a rare boost after the company reported quarterly earnings, sending shares up over 4% in initial after hours trading. The company… Read More

  • Square continues its stellar stock market run

    Square continues its stellar stock market run

    Square, the payments processing company founded by Jack Dorsey, reported its second quarter earnings after the bell on Wednesday. After beating expectations, the stock quickly went up 4% in initial after hours trading. Square reported revenue of $552 million, when analysts were forecasting $536 million. It’s also up 26% from the same period last year. The company still lost money at… Read More

  • Booster raises $20 million to fill your car at work

    Booster raises $20 million to fill your car at work

    Filling up your car can be a hassle, especially when there are lines at the gas station. It also costs too much because part of it is covering real estate costs. A startup called Booster thinks it has a solution for this and is partnering with major employers to send its gas trucks to office parking lots. The company says it can save you time by filling your tank while you’re at work… Read More

  • Snap hits record low after getting rejected from the S&P 500

    Snap hits record low after getting rejected from the S&P 500

    Snap shares fell 4 percent and closed at a record low on Tuesday at $13.10, but it wasn’t just because of the dreaded lockup expiration, which allowed some insiders to finally sell shares. Snap faced another devastating blow when it was revealed that the company won’t make it into the S&P 500, a popular stock market index. Read More

  • Apple Watch sales up over 50% since last year

    Apple Watch sales up over 50% since last year

    Apple Watch sales are up more than 50 percent since last year, according to Apple CEO Tim Cook. He mentioned this when discussing Apple’s strong third-quarter results on the investor call Tuesday. Read More

  • 500 Startups shuts down its Canada fund

    500 Startups shuts down its Canada fund

    Following sexual harassment allegations that led to the resignation of 500 Startups co-founder Dave McClure, it’s now emerged that the troubled VC firm has abandoned its Canada fund. According to reports in The Globe and Mail and BetaKit, the saga made it difficult to move forward with the next phase of 500 Canada, where it had a profit-sharing relationship. The firm was in the process… Read More

  • Snap down just 1% after first wave of lockup expirations

    Snap down just 1% after first wave of lockup expirations

    Snap, the Snapchat parent, closed the day down just 1 percent Monday after the first phase of the dreaded lockup expiration, which meant that some insiders are now eligible to sell shares. The anticipation of a big sell-off had been putting downward pressure on the stock for weeks, but it appears that enough of that fear was already built into the stock price to withstand Day One. Read More

  • Several departures at venture firm Kleiner Perkins

    Several departures at venture firm Kleiner Perkins

    Noted venture firm Kleiner Perkins is getting a little leaner. General partner Mike Abbott announced Monday that he’s leaving the team for an undetermined startup role. Separately, its early-stage “Edge” team is folding. Read More

  • Real estate site Redfin up 11% on stock market day two

    Real estate site Redfin up 11% on stock market day two

    Redfin, the Seattle-based real estate site, had a great first couple days on the stock market. After pricing above the expected range at $15 per share, the stock closed Friday up about 45% at almost $22. Today, shares were up another 11%, closing above $24. With a market cap approaching $2 billion, it’s more than double than the $770 million valuation that Redfin achieved in its last… Read More

  • Spotify preps to go public with 60M subscribers, outpacing Apple

    Spotify preps to go public with 60M subscribers, outpacing Apple

    Spotify’s singular focus on music sees it adding subscribers faster than the iPhone company with a streaming app on the side. Spotify has added 20 million paid subscribers in less than a year, while it’s taken Apple Music more than a year and a half to make that progress. Spotify now has 60 million subscribers, compared to Apple Music’s 27 million (as of June). Read More

  • Former Obama advisor Valerie Jarrett joins Lyft’s board

    Former Obama advisor Valerie Jarrett joins Lyft’s board

    Valerie Jarrett, who served as senior advisor to President Obama, is joining Lyft’s board, the company announced Monday. The company believes that Jarrett, who previously chaired the Chicago Transit Board, “brings experience tackling the problems and opportunities related to urban transportation.” Read More

  • Snap’s lockup expiration could pose bad news for the stock

    Snap’s lockup expiration could pose bad news for the stock

    After months of watching Snap’s volatile ride on the stock market from the sidelines, some insiders will be allowed to sell their shares Monday. Known as the “lockup period,” employees and early investors of companies are generally restricted from selling their shares during the initial months following an IPO. The duration of this period varies and in Snap’s case, 150… Read More

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