Softbank

Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works

It’s hard to put a positive spin on a terrible situation, but that didn’t stop Goldman Sachs CEO David Solomon earlier today. Asked during a session at the World Economic Forum in Davos ab

As retail robotics heats up, Berkshire Grey raises $263M

In recent years, the retail category has become one of the biggest and best-funded robotics categories — particularly when coupled with connected verticals like warehouse fulfillment and logistics.

Israel’s cybersecurity startup scene spawned new entrants in 2019

The Israeli cybersecurity industry saw a 35% increase in investments from 2018, with overall funding for startups totaling almost $1.4 billion.

Space Angels’ Chad Anderson on entering a new decade in the ‘entrepreneurial space age’

Space as an investment target is trending upwards in the VC community, but specialist firm Space Angels has been focused on the sector longer than most. The network of angel investors just published i

ToursByLocals snaps up its first funding, C$33M, to link sightseers with guides globally

The tours and experiences market is projected to be worth $183 billion this year, and today a startup that has made inroads into the space through bootstrapping is announcing its first outside investm

R.I.P. Goofy Times

A strange new sensation has settled across the tech industry, one so foreign, so alien, it’s almost hard to recognize. A sense that some great expectations are being radically revised downwards;

Week in Review: The old Vision Fund heave-ho

Hey everyone, welcome back to Week in Review where I dive deep into a bit of news from the week or just share some thoughts and go over some of the more interesting stories of the week. If you’r

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

Lucky coffee, unicorn stumbles and Sam Altman’s YC wager

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had TechCrunch’s Alex Wilhelm and Danny Crichton

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field

Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive p

Tech layoffs rise as cost-cutting comes into vogue

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, we’re taking digging into two trends: recent layoffs at various dome

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

As Zume layoffs loom, a look back at SoftBank’s troubled investing year

Changing from the highest-flying conglomerate and most famous capital vehicle to troubled icons of misplaced exuberance, it’s tough to be SoftBank and its Vision Fund today. Despite the occasion

Startups Weekly: Oyo has issues + A farewell

In this week's newsletter: India's growing pains, Brazil's latest venture funding and how to pitch journalists.

As Indian startups raise record capital, losses are widening

Indian tech startups secured nearly $14 billion in 2019, more than they have raised in any other year. This is a major rebound since 2016, when startups in the nation had bagged just $4.3 billion. But

After 2019’s reality check, what’s ahead for driverless cars in 2020?

If 2018 was when the industry was shocked into sobriety, 2019 would be a year when pragmatism and the challenges of trying to develop and scale a technology got a lot more real. The upshot: the indu

The five biggest rounds in tech in 2019 and what they mean

Funding for tech startups has been on an inevitable upswing for years, a result of a virtuous circle where wildly successful tech companies on the public markets whet the appetites of investors and in

It’s The Jons 2019!

Happy New Year! It’s been another wild and wacky ride of a year in the tech world: breakthroughs and disgraces, triumphs and catastrophes, cryptocurrencies and starships, the ongoing rise of uto

VCs from Accel and SoftBank talk Europe’s startup scene, what they expect in 2020, and the future of SoftBank

If you haven’t noticed, Europe’s startup scene is in full bloom, with more than $30 billion deployed in startups across the continent over the last 12 months and more than 20 countries now
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