Softbank

So, when is the SoftBank Execution Fund III dropping?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann worked with Grace to record yet

Daily Crunch: ‘Winter may be longer’ because unicorns won’t accept down rounds, says SoftBank leader

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Losses at SoftBank’s Vision Funds have consumed nearly all their historical gains

The Vision Fund was always a funded vision; today we learned just how cloudy that perspective is proving.

How to lose money, SoftBank edition

Alex and Grace are back to cover the biggest and most interesting technology, startup and market news. This morning was a fun mix of stuff that we don’t always get to, so strap in for the foll

SoftBank cautions longer startup winter because unicorn founders are unwilling to cut valuations

Masayoshi Son, founder and chief executive of SoftBank Group, which reported a quarterly loss of more than $23 billion, is worried that the funding winter for startups may continue for longer. The 64-

Tech’s riskiest founders are getting a $650 million bet from Redpoint Ventures

For venture investors, noise is ironically important. Wading through constant streams of capital-seeking founders and startup pitches may be the hardest part of the job, but it’s also imperative to

Jack Ma to give up control of fintech giant Ant Group: WSJ

China’s billionaire tech boss Jack Ma plans to cede control of Ant Group, the fintech powerhouse closely affiliated with Alibaba, the e-commerce giant he founded, The Wall Street Journal reporte

China’s Jaka Robotics fueled by Saudi Arabia’s Prosperity7 in global push

Jaka Robotics, a Chinese startup that makes collaborative robots, has just pulled in a hefty Series D funding round of over $150 million from a lineup of heavyweight investors to help it expand global

China’s $1B fine on Didi could end the mobility giant’s troubled year

Didi, the Chinese ride-hailing behemoth that has undergone a year of regulatory overhaul, faces a fine of over 8 billion yuan ($1.28 billion) from the country’s authorities, The Wall Street Jour

Rimac begins production of its $2.5 million Nevera hypercar EV

The $2.5 million Rimac Nevera all-electric hypercar has begun rolling off the assembly line, launching on the world stage as the fastest production car and an emblem of the Croatian EV maker’s advan

So are we in a startup recession or what?

There's perhaps more capital in the private markets than investors really want to admit.

With maiden $42M fund, Bonfire Union wants to invest in web3 like Tencent does in Web 2.0

Mask Network, a Binance-backed startup that enables users to send cryptocurrencies and encrypted messages on established internet platforms like Twitter, has an ambitious goal: to become the corporate

Uber rejects claim that it explored exiting India

Uber said on Thursday it has never explored exiting India, a key overseas market for several tech giants, dismissing a claim that it had held discussions to sell the local unit. Bloomberg reported ear

Daily Crunch: Raba Partnership leads $2.1M seed round for African fintech startup Thepeer

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum

Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments

Able.ai exits stealth with $20M to help big lenders speed up making high-value loans

Large banks are stepping up their game when it comes to new services and the technology that underpins them, and in many cases they are borrowing straight from the tech world’s playbook: Instead

Fountain raises $100M to expand its applicant tracking system

The “Great Resignation,” the trend where workers are leaving their jobs at a higher-than-usual rate, is continuing unabated. According to a May PwC survey, 20% of employees said that they&

Meta Pharmaceuticals lands $15M to make autoimmune drugs with AI, new immuno-metabolism tech

Biotech startup Meta Pharmaceuticals sets itself an ambitious goal as it secures its initial investment. The Shenzhen-based company, which sets out to develop treatments for autoimmune diseases with t

If you must conduct layoffs, don’t be a jerk

Since our last column, another smattering of tech startups has laid off employees. We get it. Layoffs happen. But as we conduct yet another week of analysis into a depressing time in tech, we’re thi

Go1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform

Online education continues to get a lot of attention in the wake of COVID-19 and the shift it brought to how people can learn. And to underscore that fact, Go1 — one of the rising stars in the w
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