Alex Cook, a partner at Tiger Global who oversaw some of its largest fintech investments, is departing the firm after a tenure of nearly seven years, three people familiar with the matter told TechCrunch. Cook has briefed multiple people around him about his departure news in recent days, although he hasn’t explained why he was […]
Tiger Global partner Alex Cook to leave firm, sources say Read More »
Europe is routinely castigated by tech industry observers for having too little “growth capital” funds, and, compared to the U.S., that’s true. That said, it is nowhere near nonexistent on this front. To wit: Growth equity investor Kennet has just announced it’s raised €266 million for its largest fund to date, Kennet VI, which is
Hey, there ARE growth funds in Europe — Kennet raises $287M for its largest fund to date Read More »
The fundraising environment is challenging for emerging managers, defined as VC firms raising their first through third time. But Katie Jacobs Stanton, a former head of media at Twitter who founded Moxxie Ventures in 2019, said that she had a much easier time than she was expecting when raising funds for her third time. Moxxie,
Moxxie Ventures, led by ex-Twitter media head, raises $95M third fund Read More »
When Siddhi Capital’s Melissa Facchina started working in her family’s juice manufacturing businesses at a young age, she got hooked on how to be an efficient operator. As she grew up, she saw how the food system was changing: More people starting to demand transparency in the supply chain and caring about better quality ingredients
Siddhi Capital grabs $135M for Fund II to invest in consumer packaged goods startups Read More »
The Great Rollback is here. The phrase refers to Big Tech starting to slash some of the diversity, equity and inclusion (DEI) programs that were implemented shortly after the murder of George Floyd. Most recently, Zoom announced that it laid off its DEI team. Google and Meta have started to defund their DEI programs, and
DEI backlash: Stay up-to-date on the latest legal and corporate challenges Read More »
Venture capital funding has never been robust for women or Black and brown founders. Alongside Crunchbase, we’ve been tracking funding levels to pinpoint moments of progress and regression for marginalized entrepreneurs. For example, Black founders saw record amounts of funding in the bull year that was 2021, but that amount dipped substantially as the market
Stay up-to-date on the amount of venture dollars going to underrepresented founders Read More »
Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with some significant fundraises, a potentially massive acquisition falling apart and looking at what happens when a fintech company suddenly stops serving certain customers. To kick things off, Mary Ann Azevedo walked everyone through Clio’s huge
Alphabet is clearly looking to buy, so who’s selling, and why did Wiz say no? Read More »
A decade-old drama involving VC David Sacks and Rippling founder Parker Conrad over their previous company Zenefits has blown up this week into a finger-pointing fight on X with many among the Silicon Valley elite taking sides. But, as entertaining as it may be for observers, some have weighed in to say that such fights
Venture capital has become a more global industry as the tech sector slowly decentralizes. In 2022, more than 50% of VC deployed globally was invested in startups outside the U.S., according to data available from the National Science Foundation (NSF) — a stark contrast to 20 years ago, when nearly 80% of the world’s venture
Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems Read More »
Thousands of stories have been written about former NFL quarterback and civil rights activist Colin Kaepernick. If anyone knows a thing or two about losing control of your own narrative, it’s him. Now, Kaepernick is launching an AI storytelling platform, Lumi, to help creators tell and own their stories. If you said “Huh?” when reading
Colin Kaepernick lost control of his story. Now, he wants to help creators own theirs Read More »
