The Latest from Mary Ann Azevedo
Sam Bankman-Fried launches Substack: ‘I didn’t steal funds, and I certainly didn’t stash billions away’
FTX founder and former CEO Sam Bankman-Fried launched his own Substack newsletter today, in a very unusual move for someone who was recently arrested and is facing eight counts of U.S. criminal charge
From cloud computing to proptech: DigitalOcean co-founders raise $29M for Welcome Homes
When Alec Hartman first decided he wanted a house after his first child was born several years ago, he was surprised by the lack of options. “I didn’t like anything I saw, and I wanted a new house
Deel enters equity management space with acquisition of Capbase
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies told TechCrunch exclusively. As its name suggests, San Francisco-based Capbas
Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx
Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount. Jason Furtado and Stephan Richter founded Boston-based Shoobx in 201
These 5 companies bootstrapped their way to big businesses while VCs came knocking
It may come as a surprise to some, but not every startup is clamoring to raise venture capital.
Does everyone want to be a landlord, or what?
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CES, NYE, SBF and FTX. Lol.
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. To start off the year, we are welcoming Rebecca Szkutak as a r
Doorstead closes on $21.5M to make sure you always have a tenant for your rental property
Doorstead, a property management startup that offers “guaranteed” rental payments to homeowners, has raised $21.5 million in a Series B round of funding. Ryan Waliany and Jennifer Bronzo started D
Here’s how you described the tech industry’s 2022 in a headline
As readers know, we have fun with headlines on this site. But clearly, so do all of you. As part of our end-of-the-year coverage, the Equity podcast team asked listeners to write a headline that repre
Why GGV Capital’s Hans Tung is OK with 2023 being ‘the year of down rounds’
Despite a turbulent year, GGV managing partner Hans Tung is optimistic that there are "many large fintechs yet to be built."
Fatal police shooting of startup founder puts Austin’s diversity issues in the spotlight
For years, Austin has made headlines as an evolving tech hub where startups, large companies and investors alike have flocked to set up a presence. But as 2022 closes, the Texas capital is in the news
Remembering the startups we lost in 2022
It’s been a year. This roundup is never a particularly fun one to write. No one wants to see startups fail, but we’re all keenly aware that most ultimately do. A commonly cited figure suggest that
The top fintech stories of 2022
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Equity’s 2023 predictions on the future of building, crypto and AI
Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. To end the year, we are bringing back our predictions episod
Poolit raises millions to turn accredited investors into LPs in VC, private equity funds
Dakotah Rice spent years working in the investment banking industry at firms such as Goldman Sachs, Carlyle and Coatue. One thing that stood out to him was how only a small group of select people and
This startup just landed $8.5M led by Bessemer to help companies automate their financial operations
The problem of cash flow reconciliation is an increasingly large one, especially in light of the explosion of digital payments since the onset of the COVID-19 pandemic. As companies that handle custom
FTX founder Sam Bankman-Fried has been arrested in the Bahamas
Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States filed criminal charges against the founder and former CEO of cryptocurrency exchange FTX,
Fintech giants face uphill battle
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2022: The good, the bad and the wake-up calls
Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We are nearly at the end of the year, so your friendly, loca
TripActions secures $400M in credit facilities from Goldman Sachs, SVB
Less than two months after announcing a new $9.2 billion valuation, TripActions said today it has secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank (SVB). Specific