Blair launches $100M facility to fund ISAs for students

Income-share agreements, or ISAs, have been gathering force as an alternative financial model for students, particularly at non-traditional schools like coding boot camps and trade schools. We've done some pretty deep dives into the space over the years in terms of how these loan products incen

Micromobility startup Helbiz to go public via a SPAC, and will expand into ghost kitchens

Micromobility startup Helbiz, which now operates across Europe and the USA, is merging with a special purpose acquisition company (SPAC) to become a publicly listed company, giving it a war chest to potentially roll-up smaller competitors in the space, as well as the resources to expand into “

Goody raises $4 million for its mobile app that lets you send gifts via text

Unless you’ve got someone’s Amazon Wish List, gift giving today can still be fairly difficult. You don’t necessarily know a friend or family member’s shipping address, their sizes or their particular tastes, at times. A new startup called Goody, backed by a recent $4 million

Oscar Health’s IPO filing will test the venture-backed insurance model

Late Friday, Oscar Health filed to go public, adding another company to today’s burgeoning IPO market. The New York-based health insurance unicorn has raised well north of $1 billion during its life, making its public debut a critical event for a host of investors. Oscar Health lists a placeh

Silenced No More Act seeks to ban use of NDAs in situations involving harassment or discrimination

Ifeoma Ozoma, a former Pinterest employee who alleged racial and gender discrimination at the company, is co-leading new legislation with California State Senator Connie Leyva and others to empower those who experience workplace discrimination and/or harassment. Introduced today, the Silenced No Mo

Two $50M-ish ARR companies talk growth and plans for the coming quarters

Lost amongst all the IPO chatter of the mega-unicorns are a crop of companies reaching their stride, often flush with capital, ready with big plans, and still with some time before they go public. This group of companies are what we’re calling our $50 million annual recurring revenue (ARR) gr

The Rust programming language finds a new home in a nonprofit foundation

Rust — the programming language, not the survival game — now has a new home: the Rust Foundation. AWS, Huawei, Google, Microsoft and Mozla banded together to launch this new foundation today and put a two-year commitment to a mlion-dollar budget behind it. This budget wl allow the proje

WeWork is apparently doing better, not that SoftBank wants you to talk about that

SoftBank's earnings always leads to a bonanza of news. One storyline that has dominated the company's earnings over the past few years that has all but disappeared though is WeWork. The co-working company, which saw its scorching-hot flame dim a few years ago and which has been parlayed int

DoorDash acquires salad-making robotics startup, Chowbotics

DoorDash is expanding its robotic footprint into the kitchen. The delivery service is set to acquire Chowbotics, a Bay Area-based robotics best known for its salad-making robot, Sally. technewss has confirmed the acquisition, which was first noted by The Wall Street Journal. “We have long admire

Container security acquisitions increase as companies accelerate shift to cloud

Last week, another container security startup came off the board when Rapid7 bought Alcide for $50 million. The purchase is part of a broader trend in which larger companies are buying up cloud-native security startups at a rapid clip. But why is there so much M&A action in this space now? Palo

SoftBank kills half the performance incentive for its Vision Fund execs

SoftBank reported earnings today, including the performance of its $98.6 billion Vision Fund. The numbers were enticing, given the recent exit of DoorDash, which returned billions to SoftBank and represents one of its first truly blockbuster investments out of the fund. The company has now seen 18

Anniversary Sale: Save on 2-year Extra Crunch membership

In February 2019 we launched Extra Crunch to help founders and startup teams get ahead, and this week we're celebrating its two-year anniversary. Because Extra Crunch is turning two, we're offering a limited-time deal on two-year membership plans. From now until February 15, new users signi

These are the most promising French startups according to the French government

The French government and the government-backed initiative La French Tech unveiled the new indexes that identify the most promising French startups. The 40 top-performing startups are called the Next40, and the top 120 startups are grouped into the French Tech 120. The Next40 and French Tech 120 ar

SoftBank and the late-stage venture capital J-curve

SoftBank had some good data to report overnight with its third-quarter earnings, which covers the last quarter of 2020 through December 31. The company's first Vision Fund reported large gains driven by DoorDash, where the company's $680 million investment blew up to just shy of $9 billion