Sophie Zhou Novati worked as a senior engineer at Facebook and then Nextdoor, where she struggled to hire great engineers for her team. Frustrated, she decided to try training engineers to meet her te
Like other venture investors over the past year, Cain McClary, co-founder of the investment firm KdT Ventures, recently made the jump to Austin. But unlike the rest of them, he was coming from Black M
A ban by Amsterdam authorities on housing owners offering their properties for vacation rentals in three central districts of the popular tourist city has been overturned after a court ruled it has no
Since going public, most of the news out of Airbnb has been around policy. Today, the company has an announcement that’s all about the product. As the pandemic evolves the way we do everything,
LOT Network, the nonprofit that helps businesses of all sizes and across industries defend themselves against patent trolls by creating a shared pool of patents to immunize themselves against them, to
While many deemed 2020 the year of SPAC, short for special purpose acquisition company, 2021 may well make last year look quaint in comparison. It’s probably not premature to be asking: is there
Speaking as an unvaccinated urban dweller: I'd rather speak to a nurse or doctor via my laptop than try to remain physically distanced on a bus or hailed ride traveling to/from their office.
Airbnb takes a big step to avoid violence at the inauguration, Intel gets a new CEO and Affirm goes public. This is your Daily Crunch for January 13, 2021. The big story: Airbnb cancels all DC booking
Airbnb won’t be hosting anyone in Washington DC during the week of the Presidential Inauguration, the company said in a statement. Brian Chesky took to Twitter to confirm the company’s mov
Building on a policy that the company said has been in place since the Charlottesville protests back in 2017, Airbnb said it will take additional steps to beef up community protections for the DC metr
Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The compan
Digital services taxes adopted by India, Italy and Turkey in recent years discriminate against U.S. companies, the U.S. Trade Representative said on Wednesday. USTR, which began investigations into th
It’s probably no wonder that when Founders Fund was still a very young venture firm, it brought aboard as its first principal Justin Fishner-Wolfson. Having nabbed two degrees from Stanford and
Airbnb, which recently went public and became a $100 billion company, has set two goals to try to improve diversity at the home-sharing and experiences company because it “is nowhere near satisf
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading.
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. What a week, yeah? Instead of the news cycle slow
After pricing above its raised range last night, Airbnb opened this morning at $146 per share, up around 115% to kick off its life as a public company. The company is now worth $158 per share. Using i
The WSJ is reporting that Airbnb is expected to price its IPO at either $67 or $68 per share. The American hospitality unicorn raised its IPO price target earlier this week, from $44 to $50 to $56 to
Naturally, the economic model is important. Profitability is important. TAM is important. But right now, the markets are hot. Growth trumps all.
Haters gonna hate, IPOs gonna pop. That’s the story today as richly valued DoorDash and C3.ai, two American technology unicorns, saw their values skyrocket after they began trading today. DoorDa