headspin

Silicon Valley’s impact on the election and an acquisition making our HeadSpin

AI /

Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with deals, antitrust musings, AI and more.  To kick things off, Kirsten walked us through Elon Musk’s recent declaration of his intent to move both SpaceX and X’s headquarters out of California to Texas. Whether or […]

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PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

Startups /

Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder was sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $21 million and its Q1 2024 revenue stood at $5 million, the

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital Read More »

HeadSpin, whose founder is in prison for fraud, sold to PE firm for ‘cents on the dollar,’ sources say

Startups /

Canadian private equity firm PartnerOne has acquired HeadSpin in a fire sale, TechCrunch has learned exclusively. And most of its former employees received nothing for their options, according to multiple sources. HeadSpin is the mobile app testing company whose founder was sentenced to prison for fraud earlier this year. In total, HeadSpin raised $117 million

HeadSpin, whose founder is in prison for fraud, sold to PE firm for ‘cents on the dollar,’ sources say Read More »