Upheaval in venture banking can help us get back to basics: Efficient growth

With the collapse of Silicon Valley Bank, founders find themselves in a predicament when looking to raise either equity or debt. Most companies run their business on equity capital alone and have access to a venture debt facility. Access to venture debt is a “break glass in case of emergency” f

The story of how Dave took the long road to become a neobank

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the p

Just 7 days until the TC Early Stage early bird flies away

Budget-minded entrepreneurs and early-stage startup founders take heed — this is no time to procrastinate. We have only seven days left of early-bird pricing to technewss Early Stage 2023 in Boston on April 20. Don’t wait… the early bird gets the… SAVINGS: Buy a $249 founder pa

The tide has shifted for solo GPs

Welcome to Startups Weekly, a nuanced take on this week's startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. It's hard to be proactive after the tide has already shifted. However, that's what we're seeing hap

Rounds that matter: Fintech’s fortunes, DAO dreams, Asia’s reseller revival

Despite the slowdown in venture capital activity, there's still a mountain of money flowing through startups today. technewss+ is launching a series of posts looking at recent, notable venture rounds, exit activity and other news that relates to the financial side of building new technology co

Daily Crunch: Binance reopens after bug forces platform to suspend spot trading, deposits and withdrawals

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Friday Crunch is here! Friday Crunch is here! We are ready to go sit by the proverbial pool with an umbrella-ed drink in it. (Realistically, it'll be the TV a

VC Office Hours: Exploring 5 ideas with the founders of LGBT+ VC

Silicon Valley's full of people from all walks of life, but very little of its wealth is distributed evenly, especially when we’re talking about the LGBTQ+ community. Currently, it’s estimated that less than 1% of venture capital goes to openly LGBTQ+ founders. There are no numbers

Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to your Thursday — aka, the day the TikTok CEO went in front of Congress. Our team has been working hard all day to keep up with everything g

Pragma Bio is searching for cancer treatments hidden in our microbiome

The natural world has produced many of our most important medicines, but instead of looking under a leaf or rock for the next big cancer drug, Pragma Bio is searching within the human body — its swarm of resident microbes, to be precise. With its novel approach and a fresh $10 million in funding,

OpenAI connects ChatGPT to the internet

OpenAI’s viral AI-powered chatbot, ChatGPT, can now browse the internet — in certain cases. OpenAI today launched plugins for ChatGPT, which extend the bot’s functionality by granting it access to third-party knowledge sources and databases, including the web. Available in alpha t

Now is the time to invest in Black-owned banks

In the past two weeks, millions of dollars shuffled from startup and investor bank accounts housed in the collapsed Silicon Valley Bank to the JPMorgans, Brexes and Wises of the world. As founders and investors continue looking for new places to park their money, it’s essential to consider th

Former Stripe engineer raises $4M for Beam, a fintech startup out to help contractors get paid faster

Beam, a five-month-old startup out to more easily help general contractors pay subcontractors and get paid themselves, has raised $4 million in a seed funding round led by Accel. Both the startup's founder and lead investor previously spent years working at payments giant Stripe. Before startin

Pitch Deck Teardown: Prelaunch.com’s $1.5M seed deck

Hardware startups have a serious disadvantage over SaaS companies: Once you ship, it’s somewhere in the hard-to-impossible range to make changes to the product. That means you’d best get it right. But knowing what to ship can be challenging. Prelaunch.com first caught my eye at CES in L

Daily.dev is like Reddit meets Stack Overflow

If Reddit and Stack Overflow were ever to create an offspring, it might look a little something like Daily.dev, perhaps with a little bit of Hacker News somewhere in the genetic makeup too. Founded out of Tel Aviv, Daily.dev wants to help like-minded software developers connect, share knowledge and