Startups

Covering Five Flute’s fundraising and tearing down the deck the company used to raise its $1.2 million seed round had me wondering: How the hell do investors decide whether to invest in a company at the earliest stages? VC firm Baukunst led the Five Flute investment, and I sat down with Axe

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 pr

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. Is it Friday again? All week we long for this day, and when it's here, you remember all the stuff you didn't get done while you were busy daydreaming abou

I was ready to put my entrepreneurial hat to rest. I had spent years building what I thought was shaping up to be a fashion e-commerce giant for the Indian marketplace. We’d raised pre-Series A funding of $4 million, led additional rounds and saw four years of solid growth. Yet, at the end of

Meadow, a leader in building tools for cannabis dispensaries, is expanding out of California. Since its founding in 2014, the company has focused its efforts on its home state, but recently partnered with Michigan-based Wellflower. The company retooled its cannabis platform for the Michigan market

Whether you are signing up a huge supplier, hiring an employee or thinking of making an investment, reference calls are absolutely crucial. Before I learned how to do them properly, they were purely factual in nature, “Hey, did Jim work with you from 2011 to 2013? What was his job title?” For a

On a clear afternoon, Laxmi (name changed) was sitting in her office in Gujarat, India, when she received a message from her distant relative, saying that they received some of her “morphed” nude photos from multiple phone numbers on WhatsApp along with a text that reads, “loan th

Startups that are catering to homebuyers are struggling as interest rates and inflation have climbed and inventory shortages continue in many markets.  The latest casualty in the space is Reali, which announced that it has begun a shutdown and will be laying off most of its workforce on September

Ah, email. Why did you send my friend’s birthday party invite to my spam folder? Why do you make it so easy to archive an email when I don’t even know what that means? Why are you … blue now … Gmail? Email is a necessary evil. So whenever I hear about startups looking to innovate on

Startups looking to make it easier for people to rent apartments on a flexible, shorter-term basis are gaining momentum thanks in part to the rise of remote work. Last week, Dealbook reported that a flexible living startup, Flow, founded by WeWork co-founder Adam Neumann, has locked down $350 milli

News that T. Rowe Price cut the value of its stake in fintech giant Stripe is making headlines this week, the new data point coming in the wake of similar cuts by other investment houses regarding their ownership in late-stage startups. However, while it is true that T. Rowe Price reduced the value

In late 2020, a group of Stanford students banded together to create Stanford 2020, a venture fund solely to invest in their fellow classmates' ventures. Given the school's past in spinning out successful startup founders, it unsurprisingly had no trouble raising $1.5 million for the debut

One consequence of the COVID-19 pandemic is more people had flexibility to work remotely, and that meant they also had more flexibility to live where they wanted. As a result, more people chose to relocate — either temporarily or permanently — to other cities. For online

India’s financial crime-fighting agency conducted searches at multiple premises of the Bengaluru-headquartered CoinSwitch Kuber on Thursday, alleging the crypto exchange startup violated forex laws, four people familiar with the matter told technewss. The Enforcement Directorate searched the