Ibotta's recent partnerships with brands Exxon, Shell and Walmart helped the company reach profitability.
As the planet warms due to human-caused climate change, damage from wildfires has increased with it. The amount of forest area burned by wildfires increased 320% from 1996 to 2021, according to the Na
Dan Laufer swore off ever founding a startup again after he sold apartment rental platform RentLingo in 2021, but Laufer also couldn’t ignore the potential to solve a problem he saw unfolding as
Mallard Bay is building a marketplace and a vertical SaaS platform for guided fishing and hunting industries.
Some of the new venture-backed beverage startups are hoping to upend the industry by creating new drink categories.
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday episode, in which we dig through the most criti
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in th
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’
Fintech exploded over the last five years. Startups in the category raised more than $350 billion in VC funding from 2019 through 2023, according to data from CB Insights. Despite all that growth, Eri
The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capital at a March 13 meeting. The board of investments voted to decrease its allocat
While some investors are loudly bemoaning that the IPO window can’t stay shut forever, other VCs themselves are actually part of the problem. A lot of standard VC deal terms give investors the a
If you asked a bunch of VCs at the end of 2023 if the IPO market would finally open again in 2024, most of them would have said yes. We know because TechCrunch surveyed more than 40 of them in Decembe
This week, Glacier co-founder Rebecca Hu chats with Found about wish-cycling and robots.
Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s
Founders have spent a lot of time over the past few years trying to build practical consumer use cases for AI and machine learning. AI startup Advocate thinks that the tech could help people apply for
If secondary buyers aren't buying shares at more than a $5 billion valuation, it wouldn't be wise for Reddit to price its IPO above that.
Black Tech Nation Ventures launched in 2021 to address the funding gap for Black founders amid a wave of venture diversity initiatives after the murder of George Floyd in 2020. Three years later, amon
While North American VCs can see the potential value in backing European startups, it hasn't been easy for firms to launch strategies.
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Shan-Lyn Ma, the co-founder and CEO of Zola, an online platform for wedding planning and gift
Groover offers a platform for independent musicians to connect with music curators and be able to better promote themselves.
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