The founders of IRL, Abraham Shafi and Genrikh Khachatryan, are suing their investors, claiming that they intentionally sabotaged the company. At its peak, IRL was poised to become an event organizing
Flexible office-space firm WeWork has filed for Chapter 11 bankruptcy protection, listing over $18.6 billion of debt in a remarkable collapse for the once high-flying startup co-founded by Adam Neuman
Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than half th
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. This week was packed with news, including in the world of st
Hello and welcome back to Equity, a podcast about the business of startups. This is our Friday show, and we’re talking about the week’s biggest startup and tech news.
Arm this morning submitted an update to its SEC IPO filing proposing a $47 to $51 share pricing. The high end would put the British chip maker’s valuation north of $52 billion. The firm has seen a b
Arm's IPO could very well make or break investor and startups' appetite for more IPOs this year. What does the company have going for it?
Arm, the U.K.-based chipmaker owned by Japan’s SoftBank since 2016, has filed for a Nasdaq listing five months after announcing it had filed confidential, preliminary IPO paperwork with U.S. regulat
Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is ou
WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue
SoftBank once invested in social app IRL at a $1.1 billion valuation. Now, the Japanese investment firm is suing the defunct company for fraud, alleging $150 million in damages. IRL was supposedly poi
AI may have found a center of gravity in the Bay Area, but we’re seeing a lot of activity elsewhere among those who believe that there is a market opportunity ensuring that the pace of innovatio
When it comes to retail, it’s Amazon versus the world. That’s been true for a long time and will continue to be so for the foreseeable future. Plenty of factors have contributed to the company’s
Before we dive into this week’s biggest news within the robotics space, there’s an announcement of our own to highlight. We’ll be hosting a number of robotics industry experts at our very fi
In the crowded enterprise robotics space, the ability to secure key clients is a crucial differentiator for companies. In the case of Hong Kong–based Rice Robotics, the important order has come from
SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive in light of the current AI hype. Tokyo-based Tel
Indian startups experienced a significant contraction in funding in the first half of 2023 as some kingmaker late-stage backers quelled new investments in the South Asian nation amid a slowdown in the
Ironically, the social app IRL‘s users do not exist in real life. An internal investigation by IRL’s board of directors found that 95% of the app’s reported 20 million users were
Five investors talk about the uniqueness of South Korean startups, how they've fared in a post-pandemic world and their investment thesis.
We sat down with Judge to discuss his new appointment and the fund’s potential role in the wake of Silicon Valley Bank’s collapse.