Venture

Guo’s Conviction Partners adds Mike Vernal as GP, raises $230M fund

When in mid-2022 Sarah Guo left Greylock to launch her own AI-focused fund, Conviction Partners, she indicated that she was tagging the word “Partners” to the firm’s name because she would eventually bring on other GPs. Now, more than two years later, Guo is being joined by Mike Vernal, who was a partner at Sequoia

Guo’s Conviction Partners adds Mike Vernal as GP, raises $230M fund Read More »

As Boom breaks the sound barrier, founder Blake Scholl says supersonic travel is around the corner

In this episode of the StrictlyVC Download, Connie and Alex are joined by Blake Scholl, CEO of Boom Supersonic, to discuss the company’s ambitious mission to revolutionize commercial aviation. From developing the Overture, a supersonic airliner, to embracing sustainable aviation fuels, Blake shares how Boom plans to make faster, greener air travel a reality. He

As Boom breaks the sound barrier, founder Blake Scholl says supersonic travel is around the corner Read More »

Tata acquires 60% stake in Apple-partner Pegatron’s India unit

Tata Electronics has acquired a controlling stake of 60% in Pegatron’s unit in India, less than a year after acquiring Wistron’s local business as the salt-to-software conglomerate expands its iPhone manufacturing capacity in the South Asian market. Pegatron is a key assembly partner for Apple. The Taiwanese firm operates an iPhone production plant near Chennai

Tata acquires 60% stake in Apple-partner Pegatron’s India unit Read More »

A comprehensive list of 2024 and 2025 tech layoffs

The tech layoff wave continued through 2024. Following significant workforce reductions in 2022 and 2023, 2024 saw more than 150,000 job cuts across 542 companies, according to independent layoffs tracker Layoffs.fyi. Large companies like Tesla, Amazon, Google, TikTok, Snap, and Microsoft conducted sizable layoffs in 2024, while smaller-sized startups also experienced cuts, and in some

A comprehensive list of 2024 and 2025 tech layoffs Read More »

Hindustan Unilever acquires Peak XV-backed Minimalist for over $340M

Hindustan Unilever has agreed to acquire beauty startup Minimalist for about $342 million, marking its latest push to expand in India’s fast-growing premium skincare market. The consumer goods giant will initially acquire a 90.5% stake in the four-year-old direct-to-consumer brand through secondary buyouts and primary investment, with the remaining 9.5% to be purchased from founders

Hindustan Unilever acquires Peak XV-backed Minimalist for over $340M Read More »