VC firm Fearless Fund has faced a setback in its plans to issue grants to Black women business owners. On Monday, an appeals court ruled against Fearless, upholding a preliminary injunction in place on the program. The court ruling said that Fearless Fund’s Strivers Grant likely violates the Civil Rights Act of 1866, which bans […]
The StrictlyVC roadtrip continues! Coming off of sold-out events in London, Los Angeles, and San Francisco, we’re heading to Washington, D.C. for a cozy-vc-packed, evening at the Woolly Mammoth Theatre on Tuesday, June 11 in partnership with Revolution. StrictlyVC events are known for delivering exclusive insights and fostering meaningful connections among top investors, entrepreneurs, and
Don’t miss StrictlyVC in DC next week Read More »
Wesley Chan is often seen in his signature buffalo hat; however, he may be even more well-known for his ability to spot unicorns. Over the course of his career in venture capital, he’s invested in over 20 unicorns, including AngelList, Dialpad, Ring, Rocket Lawyer and Sourcegraph. Five of those went on to become decacorns: Canva,
Unicorn-rich VC Wesley Chan owes his success to a Craigslist job washing lab beakers Read More »
Some retired CEOs go to space. Others move to Hawaii. But Unity co-founder David Helgason chose a different path after 12 years at the helm of the game engine company, which went public in 2020 at a $13.7 billion valuation. Having stepped out as CEO in 2014, Helgason still sits on the board of the
Unity co-founder David Helgason’s next act: Gaming the climate crisis Read More »
The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An estimated 9.5 billion pounds of returns ended up in landfills in 2022 alone, according to data from return logistics software company Optoro. New York-based (Re)vive wants to help
How (Re)vive grew 10x last year by helping retailers recycle and sell returned items Read More »
Asia’s startup ecosystem hasn’t been doing well in the past couple years, as everything from geopolitics to higher interest rates affected investors’ willingness to write checks. Many venture firms have exited China, which used to be the continent’s biggest venture market. Though there hasn’t been a huge decline in the number of fundraising rounds, the
VC firm Antler’s CEO says Asia presents ‘biggest opportunity’ in the world for growth Read More »
Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund. The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it backs,
Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund Read More »
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
A comprehensive list of 2024 tech layoffs Read More »
The dynamic duo behind the Grammy Award–winning music group the Chainsmokers, Alex Pall and Drew Taggart, are set to bring their entrepreneurial expertise to TechCrunch Disrupt 2024. Known for their chart-topping hits, Pall and Taggart have expanded their influence into the world of venture capital. In 2020, they launched Mantis Venture Capital, a firm managing
The Chainsmokers light up Disrupt 2024 Read More »
Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood, where 420 guests showed up to help the firm to celebrate, trade tips, and share war stories. There’s no question the venture scene has changed
