Startups

Steve Case on why policy is crucial to make sure AI success isn’t concentrated to a few players

Steve Case is no stranger to how policy can help aid innovation. His former company AOL would have been dead in the water if not for the Telecommunications Act of 1996, which required telecoms companies to open access to their tech. Now, Case is hoping the federal government will look to take the same stance […]

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What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture

StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries investing prowess, but also about how LPs are thinking about the current venture market. The fund, StepStone VC Secondaries Fund VI, raised $3.3 billion. This marks a

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Amazon says it’ll spend $230 million on generative AI startups

Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services.

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DC’s political class doesn’t know Y Combinator exists, but it’s trying to change that

Washington, D.C., may be the hub for legislation and regulation that affects startups, but many people in the city don’t know anything about one of the more prominent accelerators fueling the industry: Y Combinator. Speaking at a TechCrunch Strictly VC event on Tuesday evening, YC Head of Public Policy Luther Lowe said the startup incubator

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Cat-sitting startup Meowtel clawed its way to profitability despite trouble raising from dog-focused VCs

Dogs are the most popular pet in the U.S.: 65.1 million households have one, according to the American Pet Products Association. But while cats are not far off, with 46.5 million households with one, a lot of innovation in the pet category has focused exclusively on dogs. And even if the service serves both species,

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In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch

When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange that the company didn’t have a lead investor for the round it was raising. Even stranger, the founders didn’t seem to be looking for one. She thought

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Punk singer Shira Yevin pushes for fair pay with InPink, a women-only job marketplace for artists

It’s been 20 years since Shira Yevin, the lead singer of punk band Shiragirl drove a pink RV into the Vans Warped Tour grounds, the now-defunct punk rock festival notorious for being male-dominated. In response to the festival’s lack of female-fronted bands, Yevin’s band crashed the festival and set up an impromptu all-female stage. This

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The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space

Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more!  To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 7:00 a.m. PT, subscribe here.  The big story Last week, we

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