• Why Homejoy Failed … And The Future Of The On-Demand Economy Crunch Network

    Why Homejoy Failed … And The Future Of The On-Demand Economy

    On the heels of Homejoy’s failure, the fundamental “on-demand marketplace” model has come into question by investors, the media and even consumers. That questioning is very relevant, as there has been an overload of VC money that has been injected in the on-demand service platform space over the past few years ($4 billion-plus in 2014). Read More

  • Setting The Right Valuation For A Competitive Series A Round Crunch Network

    Setting The Right Valuation For A Competitive Series A Round

    Founders are often puzzled by how VCs derive valuations for competitive Series A rounds. A competitive Series A round is an equity round where a company generally raises greater than $5 million led by a top-quartile venture capital firm. During these Series A rounds, it is not uncommon for founders to receive multiple term sheets from lead investors at different valuations, and to feel… Read More

  • Why Polyvore’s Jess Lee Sold To Yahoo

    Why Polyvore’s Jess Lee Sold To Yahoo

    Yahoo bought Polyvore in what we’ve heard could be a $60 million deal today. Both Polyvore and Yahoo were mum on those details, but Polyvore co-founder Jess Lee did tell TechCrunch her company will continue to do the same thing as it’s been doing before – now on a larger scale and with more resources from the tech giant run by Marissa Mayer. Read More

  • Here’s The Latest Batch Of 500 Startups Companies

    Here’s The Latest Batch Of 500 Startups Companies

    500 Startups has unveiled its 14th batch of companies going through its accelerator. While Y Combinator is starting to roll out its own class in an upcoming Demo Day, a new one from 500 Startups is emerging — and increasingly, so is the race to be the earliest to invest in companies. Of course, that means that accelerators like 500 Startups — which has a portfolio of more than… Read More

  • Yahoo Will Acquire Fashion Startup Polyvore

    Yahoo Will Acquire Fashion Startup Polyvore

    Yahoo just announced that it has reached an agreement to acquire style-focused community Polyvore. In a blog post about the deal, Yahoo’s senior vice president of publisher products Simon Khalaf highlighted “Polyvore’s expertise on community-driven experiences and retailer-supported commerce” and wrote that the deal “will accelerate Yahoo’s digital… Read More

  • Is This Flying Car Company For Real?

    Is This Flying Car Company For Real?

    We’ve been promised a flying car for as long as I can remember. From The Jetsons to Back To The Future, we’ve been sold this dream for years and years. Owning something that starts out on the ground and ends up flying through the air is something I want to experience before I kick the bucket. Read More

  • Boston’s WTF/LOL Problem

    Boston’s WTF/LOL Problem

    Well, that was embarrassing. Following months of piss-poor communication and a chaotic planning process, Boston’s bid to be the U.S. entry for the 2024 Olympics finally died this week like Britain’s rule over the colonies. The city that once brought the Industrial Revolution to the people now finds itself unable to build a venue for beach volleyball, or you know, housing or… Read More

  • How To Speak Startup, Part Deux

    How To Speak Startup, Part Deux

    Given the massive influx of capital that we are currently enduring in Silicon Valley, TechCrunch has decided to take another crack at the lexicon of the moment to help everyone understand just what people mean when they say things that make you want to snag them by the hair and give them a noogie. Following our previous entry, this list is an expansion — we are here to help, after all. Read More

  • Asana Wants To Get Better About Diversity, And This Is Its Plan

    Asana Wants To Get Better About Diversity, And This Is Its Plan

    Asana, the team productivity software that’s raised $38.2 million from high-profile investors like Founders Fund and Andreessen Horowitz, just got called out on Twitter for its lack of diversity. Asana CEO Dustin Moskovitz (pictured above) was quick to respond and he handled it well. In fact, he says Asana is actively working to create a more diverse workforce. Here’s the tweet… Read More

  • Maybe There Doesn’t Need To Be An Apple Watch App For Everything

    Maybe There Doesn’t Need To Be An Apple Watch App For Everything

    Should Apple be concerned that a number of popular app makers like Facebook, Google and Snapchat have yet to embrace its Apple Watch platform with apps of their own? That’s a question raised by a recent New York Times piece detailing how many developers are taking a “wait-and-see” approach when it comes to Apple’s new wearable. Read More

  • Mozilla CEO Sends Angry Open Letter To Microsoft Over Changing Windows 10 Browser Defaults

    Mozilla CEO Sends Angry Open Letter To Microsoft Over Changing Windows 10 Browser Defaults

    With Edge in Windows 10, Microsoft has finally delivered a capable browser to replace the aging Internet Explorer. Microsoft likes Windows 10 so much, it makes Edge the default browser in Windows 10, even when you’re updating from a system that previously used Chrome or Firefox as the default. Read More

  • Microsoft Has A Brand New Middle Finger With Your Name On It

    Microsoft Has A Brand New Middle Finger With Your Name On It

    Today, Windows 10 met the world with much fanfare. There is a ton of new features, apps and more articles about it than you can shake a stick at. As a heavy Apple user, I can’t tell you most of what is in Windows 10, but I can tell you that it now has a pretty awesome feature that I would use the shit out of: the middle finger emoji (and some other new ones, too). In my opinion… Read More

  • Nasty Bug Lets Hackers Into Nearly Any Android Phone Using Nothing But A Message

    Nasty Bug Lets Hackers Into Nearly Any Android Phone Using Nothing But A Message

    It’s like something from a bad movie: eager to learn the details of the bad guy’s plan, the good guys hack his phone armed with little more than knowledge of his phone number. No physical access to the phone, no tricking him into opening some shady application; just a quick message, and bam — they’re in. Alas, that’s essentially how a new Android hack works… Read More

  • Software For The Full-Stack Era Crunch Network

    Software For The Full-Stack Era

    The history of software is dominated by companies that automated how the biggest companies in the world did business. IBM automated clerical tasks, SAP unified corporate financials, and Siebel digitized Rolodexes for relationship-driven salespeople. With that focus in mind, it’s no wonder that many of the world’s largest technology companies survive based on their ties to IT… Read More

  • Startups And The Big Lie

    Startups And The Big Lie

    A startup is hemorrhaging cash, and the VCs have yet to agree on terms for a capital infusion. The clock is ticking until deadpool, first weeks away then days. The founders, stress levels increasing to stratospheric levels, continue to sell their company to everyone, whether investors, employees, potential employees, or clients. They have little choice. Funding is contingent on growth, but… Read More