Remember Wag? The dog-walking app made huge waves back in 2018 when it raised $300 million from SoftBank's Vision Fund. Wag's back in the news thanks to a SPAC deal that will take it public.
ACME Capital, an early-stage venture firm that’s run by industry insiders Scott Stanford and Hany Nada, has just closed two funds totalling $300 million in capital commitments, including a $240
Instead of accepting more investment, we chose to cut costs. This included a consolidation of some of our offices and a painful 76% reduction of our workforce.
Every once in a while, an organization implodes so fantastically that it’s hard in retrospect to understand why another outcome once seemed possible. With every passing day, SoftBank — whi
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
Hey everyone. Thank you for welcoming me into your inboxes yet again. I’m in Berlin. where TechCrunch just pulled off another great Disrupt event — we’ve got a lot of great Europe-fo
Money is usually too tight to pay competitive salaries, there’s no recognizable brand or reputation yet and most people would prefer to work at a company their friends and family have heard of befor
When you think of dog daycare, Wag Hotels and Rover likely come to mind. Now, there’s a new entrant in the space. Dogdrop, launching this September in Los Angeles, aims to be a daycare service f
Matrix Partners has backed one of Y Combinator's recent graduates.
Wag founders Jonathan and Joshua Viner are leaving dogs behind for bikes. Wheels, the Viner brothers’ new electric bike-share startup, is announcing $37 million in funding from Tenaya Capital, B
Pet services can be serious startup business. Witness the likes of dog walking startups Rover and Wag, for example. At the same time digital health is a major area of interest for entrepreneurs, than
Rover, a dog-walking and dog-boarding service that merged with DogVacay around this time last year, is now the second of such startups this year to raise a massive new round of funding with its announ
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Matthew Lynley and Alex Wilhelm were joined by General Cat
The SoftBank Vision Fund has struck again. This time, it’s investing $300 million in on-demand walking and dog care startup Wag. Wag has also brought on Hilary Schneider, formerly of identity t
It looks like Wag may get another huge injection of cash following a big financing round earlier this year, according to a report by Recode, and also based on what we are hearing. We had heard a bit
Earlier this week we wrote about how two big players in the pet-care business, Rover and DogVacay, decided to merge. Well, sources tell us that over the past two years Wag, another player in the dog-w
Wag, a startup that helps connect pet owners and dog walkers with a mobile app, has touched down in San Francisco. The company, formerly only in operation in Los Angeles, recently added the tip of th
[photopress:strikeovermaybe.jpg,full,center] The writers strike could be over. Ex-Disney CEO Michael Eisner has been quoted by CNBC and others as saying, “It’s over. They made the deal, th