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Equity Monday: Quibi, two Boston rounds and a shift to pessimism

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is Equity Monday, our short-form week-starter in which we go o

Data shows which tech roles might be most vulnerable amid layoffs

Layoffs are having a big impact on industries across the board due to COVID-19. This week alone news came out of massive cuts for TripAdvisor, Lyft, and reportedly Juul and Uber. But according to data

Tech for good during COVID-19: Sky-high gifts, extra help and chips

When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were l

Trade Republic, a German Robinhood, raises $67M led by Accel and Founders Fund

In the U.S., Robinhood has led the charge in upending the stock investing model through its mobile-first, minimal-step, commission-free trading platform. Now a startup out of Germany built on a simila

Daily Crunch: Airbnb offers housing for healthcare workers

Airbnb says it will subsidize housing for 100,000 workers at the front lines of COVID-19 care, Groupon gets a new CEO and Stripe invests in a universal checkout startup. Here’s your Daily Crunch

Groupon axes CEO and COO as company looks to mount a recovery during a crisis

While plenty of tech stocks have seen their market caps dive in the past month, Groupon has taken a harder hit than most. The company’s share price has dropped more than 70% in the past five wee

WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial p

Superbacklash

Hot startup Superhuman has been getting some backlash, as often happens when someone notices the precise methodology that a startup is using to enable a core feature. We’re well into stage 2 now

The Stanford ties to Latin America’s startup renaissance

The houses along the tree-lined blocks of Josina Avenue in Palo Alto, with their big back yards, swimming pools and driveways are about as far removed from the snarls of traffic, sputtering diesel eng

Groupon co-founder Eric Lefkofsky just raised another $200 million for his newest company, Tempus

When serial entrepreneur Eric Lefkofsky grows a company, he puts the pedal to the metal. When in 2011 his last company, the Chicago-based coupons site Groupon, raised $950 million from investors, it w

GetYourGuide picks up $484M, passes 25M tickets sold through its tourism activity app

As we swing into the summer tourist season, a company poised to capitalise on that has raised a huge round of funding. GetYourGuide — a Berlin startup that has built a popular marketplace for pe

EC-exclusive interview with Tim Cook, Slacklash, and tech inclusion

An EC-exclusive interview with Apple CEO Tim Cook TechCrunch editor-in-chief Matthew Panzarino traveled to Florida this week to talk with Tim Cook about Apple’s developer education initiatives and a

Caterina Fake is known for her trend-spotting; here’s some of what she’s chasing now

Roughly a year ago, entrepreneurs Caterina Fake and Jyri Engeström decided to form a traditional venture outfit called Yes VC. Fast forward, and the duo has nearly closed on $50 million for their deb

Unicorns aren’t profitable, and Wall Street doesn’t care

On Wall Street's leniency toward unprofitable tech companies and outsized exits.

Andreessen Horowitz hires its 15th general partner

A16z has tapped General Atlantic's David George to focus on late-stage deals.

Groupon finally settles IBM patent suit with a $57M payment

A patent suit between IBM and Groupon that has been underway for over two years has finally been settled. Today, the two companies announced that Groupon will pay IBM $57 million both to settle infrin

Southeast Asia’s Fave raises $20M and adds mystery strategic investor from China

So you thought group-buying was dead?! Not in Southeast Asia where Fave, a company that aims to connect local merchants with customers using discount sales, has closed a $20 million Series B round as

Terra is an ambitious crypto project to build a stable coin through e-commerce

Four of the world’s largest crypto exchanges are leading a $32 million investment in an ambitious venture out of Korea that’s aiming to develop a new stable coin using e-commerce as the ly

The incredible rise of Pinduoduo, China’s newest force in e-commerce

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’

Real estate property manager and developer JLL launches a $100 million tech investment fund

The multi-billion-dollar real estate developer and property manager JLL is getting into the tech investment game with the launch of a new $100 million fund run by corporate subsidiary JLL Spark. Initi
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