Nasdaq CEO’s comments about IPOs portend sunny skies ahead for the tech industry
More than 100 companies are getting ready to list on Nasdaq after filing confidentially with the SEC, Nasdaq’s CEO Adena Friedman told investing publication Barron’s.
Barron’s called Friedman’s comment “startling,” and we have to agree with that description. If t
Pier banks $2.4M to launch 'Stripe for credit'
While working at fintech lending platform Stilt, Jessica Zhang and Alex Hegevall Clarke saw how expensive and time-consuming it was for the credit industry to outfit their in-house tech stacks in order to adhere to stringent federal and state regulations. So they decided to build something that wou
Gabriel's urban intelligence infrastructure aims to create safer neighborhoods across Latin America
Erick Coser and Otávio Costa Miranda moved back to Brazil in 2019 to solve a large, yet unsolved problem in Latin America.
Both had backgrounds in building companies to solve urban problems and identified a problem with safety and how information was being shared.
“Brazilian citi
Why Keith Rabois just left Founders Fund for Khosla Ventures
Earlier today, Forbes reported that venture capitalist, operator and entrepreneur Keith Rabois is returning to Khosla Ventures (KV), the Silicon Valley outfit where he cut his teeth as a full-time VC before joining Founders Fund (FF) in 2019, teaming up with former Stanford classmate Peter Thiel in
Conta Simples grabs another $41.5M for its expense management approach in Brazil
Conta Simples, an expense management and corporate card company in Brazil, raised a Series B round of $41.5 million, or more than R$200 million.
Base10 Partners led the round and was joined by Conta's Series A investors, including Valor Capital, Jam Fund, Y Combinator, Big Bets, Broadhaven and
BofA gives Ambani’s Jio Platforms a $100B-plus valuation
Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion at which it attracted the likes of Meta, Google and other technology giants in a mammoth fundraising in 2020.
The v
Carta exits secondary trading following credibility hit
Roughly 72 hours after a prominent startup customer complained that Carta was misusing information with which it was entrusted — scaring many of Carta’s tens of thousands of other customers in the process — Carta is exiting the business that landed it in trouble with the customer.
Another proptech startup’s investment platform crashes and burns, cites ‘current interest rate environment’
Here, a fractional short-term vacation rental marketplace, has shut down its investment platform after just over two years of operation.
The Miami-based startup, which had raised a known $5 million in funding, posted on its website on January 3 that it was shutting down the platform “due to the c
Tulsa’s tech scene remains resilient amid state’s anti-DEI efforts
Oklahoma took a stand against diversity, equity and inclusion (DEI) last month. The state’s governor, Kevin Stitt, signed an executive order defunding DEI efforts in public colleges and universities and banning it in other state agencies.
He said the move would take “politics out of educati
Theory Ventures’ Tomasz Tunguz unveils 2024 predictions: AI dominance, resurging web3 and the new normal of tech investments
At the end of 2022, like many, I made some predictions about what 2023 would bring to the technology investing ecosystem. Namely, the Fed would tame inflation, and the fundraising market would thaw, but overall, claiming that 2023 would be the first year of a “new normal” era for the markets an
VCs anticipate more exits in 2024 but have no consensus on when or how
It’s been a rough few years for startups looking to exit, but companies, especially late-stage startups, can’t stay private forever. When the exit market didn’t open back up in 2023, as many hoped after a very quiet 2022, investors and founders alike decided that 2024 was the year
Two ex-Wall Streeters want to solve one of VC's biggest problems: Warm introductions
Diadem Capital is throwing its hat into the crowded space of making funding more accessible and easy to obtain for high-growth startups. And it promises your next round will close “5x faster.”
Buoyed by a $600,000 pre-seed round led by Launch NY, the Buffalo-based fundraising platform, which to
YL Ventures details the challenges facing Israeli cybersecurity startups
The Israeli cybersecurity industry, much like the global one, has been undergoing an evolution that seemed to peak in 2021 with soaring funding rounds, overwhelming valuations, and multiple newly minted unicorns, only to cool down dramatically amid the market slowdown of 2022 with steep declines an
Tech for Palestine launches to provide tools to help support Palestinians
More than 40 founders, investors, engineers and others in the tech industry are today announcing a coalition called Tech for Palestine to build open source projects, tools and data to help others in the industry advocate for the Palestinian people.
The launch of the group comes during a tense time