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
Layoffs at Lime and Getaround herald rise of profit-hungry unicorns
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A million dollars isn’t cool. You know what’s cool? Positive adjusted
Getaround is latest SoftBank portfolio company to announce layoffs
Silicon Valley’s top valued car rental startup, Getaround, announced layoffs today, making it the latest SoftBank-backed entity of late to pare down its workforce. The Information, which first r
Drivy rebrands to Getaround six months after acquisition
European peer-to-peer car rental service Drivy has a new name. It is now called Getaround, which shouldn’t surprise anyone who has been following Drivy’s recent news. Back in April, Getaround anno
SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation
And the next car-sharing unicorn is...
What happened to the sharing economy?
A few years ago, Silicon Valley couldn’t stop using a trendy buzzword — the sharing economy. The good old top-down economic model with a clear separation between service providers and clients was
How autonomous vehicles and hyperloop are scooting along
Will transportation technologies become the industry disruptors many pundits suggested they would?
SoftBank-backed Getaround acquires Norwegian car rental startup for $12M
Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. Th
Startups Weekly: VCs are drunk on beverage startups
In this week's newsletter: Y Combinator has a new president, DoorDash raises $600M and startups go on acquisition sprees.
Getaround, Facebook, AI chips, Nvidia, Africa, and immigration
Who helped your startup grow? Nominate a growth marketing agency. For those who have been members of Extra Crunch for a while now, you have seen us go through two cycles of Verified Experts, covering
The Exit: Getaround’s $300M roadtrip
In August of last year, Getaround scored $300 million from Softbank. Eight months later they handed that same amount to Drivy, a Parisian peer-to-peer car rental service that was Getaround’s tic
Beyond costs, what else can we do to make housing affordable?
In this section of my exploration into innovation in inclusive housing, I am digging into the 200+ companies impacting the key phases of developing and managing housing.
Market map: the 200+ innovative startups transforming affordable housing
How founders are taking on housing costs worldwide.
Getaround acquires European car rental platform Drivy for $300 million
Getaround, the peer-to-peer car-sharing startup that launched at TC Disrupt back in 2011, is making moves to become a global car rental service. Today, the SoftBank-backed startup announced its acquis
Getaround early investor sues car-sharing startup for $1.79 million
Getaround is getting around the courthouse. One of the car-sharing startup’s early investors, Geoffrey Shmigelsky, is suing the company, alleging fraud and unfair conduct. “Our client supp
Getaround co-founder Jessica Scorpio leaves day-to-day role
Since launching Getaround at TechCrunch Disrupt New York in 2011, the car-sharing startup has expanded to more than 90 cities and, more recently, raised a massive $325 million round of funding led by
Getaround to expand Uber partnership to four more cities
Getaround, the peer-to-peer car-sharing service that first launched at TechCrunch Disrupt NY in 2011, is expanding a partnership with Uber that gives users access to rideshare-ready vehicles. The
GM is going to allow Ford vehicles and other competitors on its Maven car-sharing platform
GM’s car-sharing subsidiary Maven is undergoing another expansion. This time, it’s not just to a new city. Maven plans to open up its new peer-to-peer car rental service to allow owners to
Uber changes its disaster response playbook
Uber is taking a page out of the federal government’s disaster response handbook. The ride-hailing company is centralizing how it responds to disasters, whether it’s flooding in North Caro