Founders Fund
Amazon aggregator Thrasio begins layoffs, names new CEO
The layoffs and new CEO appointment are the latest developments in a series of ups and downs for Thrasio.
Exafunction aims to reduce AI dev costs by abstracting away hardware
The most sophisticated AI systems today are capable of impressive feats, from directing cars through city streets to writing human-like prose. But they share a common bottleneck: hardware. Developing
Ondo’s decentralized investment bank matches crypto companies with capital providers
The crypto-based decentralized finance ecosystem has, despite bouts of volatility, been ballooning in terms of assets since last year’s “DeFi summer.” DeFi is quickly maturing, which
Inventa poised to enter Mexico, Colombia with its supplier marketplace
Its technology connects retailers with suppliers for inventory discovery and also provides credit so retailers can flexibly pay suppliers.
DJ and crypto startup founder 3LAU explains the value behind music NFTs
When people think of NFTs, the first use case most of them likely think of is visual art. From Beeple’s $69 million sale of a digital collage at Christie’s to the Bored Apes Yacht Club col
A look at six new funds begs the question: Is a slowdown really coming?
If that slowdown comes, however, it could happen slowly, given that our inboxes are filled with news about newly raised venture funds.
Vontive wants to be the Palantir of real estate investing
The U.S. residential real estate market has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly lucrative for those wh
Daily Crunch: ‘Strategic finance platform’ Mosaic raises $25M Series B
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Palantir alums raise $25M from Peter Thiel’s Founders Fund and other VCs for their finance startup, Mosaic
Mosaic, which aims to change the way CFOs of high-growth companies operate, has raised $25 million in a Series B round of funding led by Founders Fund. Bijan Moallemi, Joe Garafalo and Brian Campbell
Data obscures positive trends in VC dollars reaching women-founded startups
There’s work to be done, but pretending aggregate deal value is the metric that matters is malpractice.
Ramp confirms new $8.1B valuation after ‘a nearly 10x’ YoY increase in revenue
Corporate management startup Ramp confirmed that it has secured $550 million in debt and $200 million in equity in a new financing that doubles its valuation to $8.1 billion. In early February, The In
Is the AR and VR market only for trillion-dollar companies?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex scour the news and record not
A look inside Founders Fund, as it closes on $5 billion across two new funds
Founders Fund has garnered a lot of money from investors; it has also returned quite a bit of capital. A lot of the action on both fronts has happened very recently. Yesterday, the 17-year-old outfit
Daily Crunch: Meta fires executive after ‘predator catchers’ interview video goes viral
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Portuguese VC Shilling tops up its Founders Fund, hitting $59M in capital to deploy
Further evidence of the booming Portuguese tech ecosystem is emerging today with the news that venture capital firm Shilling is topping up its “Founders Fund” to €52 million ($59 million
Withco closes on $32M to help SMBs become property owners with a lease-to-own model
Growing up, Kevin Song witnessed his Korean immigrant parents build and grow a grocery store business in Brooklyn, New York. To the family, he recalls, the business was more about making a living. It
PortalOne raises $60M as it levels up to launch its hybrid, immersive gaming platform later this year
Gaming has been one of the most popular entertainment categories in the last two years of pandemic living. Now, a gaming startup that’s building a new kind of platform that it thinks will be a &
Founders Fund backs Vest, a startup out to give Latin Americans a bridge to investing in the US stock market
Latin Americans seeking the ability to invest in companies trading on the Nasdaq and New York Stock Exchange now have a new option in Vest, a startup that has launched a mobile-first brokerage app wit
a16z, Monashees lead new round into inventory discovery startup Inventa
Inventa’s online platform recommends products based on actual transaction data and provides credit, in 30-, 60-, and 90-day increments, to retailers.
Wordle founder Josh Wardle on going viral and what comes next
The internet loves an unlikely success story, and as we approached the new year, one came around the corner to delight us with a simple idea, and a short game to play it out: Wordle, where you guess a