getaround
Car-sharing SPAC Getaround lays off 10% of staff
Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability an
Car-sharing platform Getaround gets delisting warning from NYSE
The New York Stock Exchange has issued a delisting warning to peer-to-peer car rental company Getaround for trading too low, according to the company. Getaround debuted on the public markets in Decemb
Why the SPAC route makes sense for Getaround
Despite the falling value and generally poor performance of SPAC listings, there's a simple argument for Getaround's SPAC deal.
Getaround braves chilly public markets with SPAC combination
Why did Getaround go public, and why has the reaction to its SPAC combination been so negative, so quickly?
Peer-to-peer car rental startup Getaround fined nearly $1M by DC’s attorney general
Getaround was fined nearly $1 million by the Washington, D.C. Office of the attorney general for operating without a license and other violations, part of a settlement of what the peer-to-peer car ren
The venture firm SOSV has hired former TechCrunch COO Ned Desmond to help grow its startups
Ned Desmond, a longtime publishing executive who spent more than half a dozen years at Time Inc. before becoming the chief operating officer of both TechCrunch and Engadget for more than eight years,
Turo puts $1 million toward helping Black people make money sharing cars
Car-sharing marketplace Turo has teamed up with Kiva to offer interest-free loans to Black people and folks from traditionally underserved communities to buy cars and then share them on Turo. The $1 m
Getaround tops up $25M debt financing to its $140M Series E
Silicon Valley peer-to-peer car rental startup Getaround has secured a $25 million loan from Horizon Technology Finance Corporation. The financing announcement comes one month after Getaround raised $
Daily Crunch: Zoom launches its events marketplace
Zoom has a new marketplace and new integrations, Spotify gets a new format and we review Microsoft’s Surface Laptop Go. This is your Daily Crunch for October 14, 2020. The big story: Zoom launch
Getaround raises a $140 million Series E amid rebound in short-distance travel
Amid a rebound in short-distance travel, Getaround, a Silicon Valley car rental startup, has raised some new money to meet demand. The startup, which allows customers to instantly rent cars near them
Ade Ajao, Maryanna Saenko, Charles Hudson, Ulili Onovakpuri and Melissa Bradley are coming to Disrupt
At TechCrunch Disrupt, our Startup Battlefield event is the centerpiece of the event, the true heart of this signature program. There’s good reason we take it so seriously. Over the years, the S
72 hours left to apply to Startup Battlefield at Disrupt 2020
Get featured in front of the largest TechCrunch Disrupt audience in history. The opportunity clock is ticking, and you have just 72 hours left for a chance to compete head-to-head against top startups
The great unicorn retreat
Today we're taking stock of what's happening to a number of unicorns, both public and private.
Casper winds down European operations and lays off 78 people
Mattress company Casper is shutting down its European operations and laying off 78 people as it focuses on “achieving profitability,” according to a statement by the company. The layoff impacts 21
GM exits car-sharing business and shuts down Maven
GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19
The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19
Hi, and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages travel from Point A to Point B. I’m your host Kirsten Korosec, senior transportation report
Compete in Startup Battlefield and Launch at Disrupt SF 2020
Early-stage founders: Don’t miss your chance to follow in the footsteps of tech giants. We know COVID-19 has created challenges for startup founders, but fear not. Disrupt SF is still proceeding as
The second wave of unicorn layoffs is brutal
This morning, let's remind go over what happened in the first wave of recent unicorn layoffs (Zume, Oyo, Uber, etc) and how it compares to what is happening today as ZipRecruiter, Bird and TripActions
Startups Weekly: Tech layoffs spread (a bit)
Are January layoffs just a few post-WeWork jitters? TechCrunch has found itself writing about layoffs at a few notable tech companies this week — and not just SoftBank-backed ones. The focus is very
Rappi and Oyo pare staff as Vision Fund companies trim costs, target profits
This week we’ve covered layoffs at unicorns both inside the Vision Fund and out. This afternoon we add two more to our list: Oyo and Rappi. The staff reductions are surprising — and not. T