For all the chatter about the decline of San Francisco, data repeatedly shows that the Bay Area, including the city itself, is still the best place for venture-backed startups. Startups located in the Bay Area vacuumed up $90 billion of VC investment in 2024, which was 57% of the $178 billion of global venture funding […]
In the U.S., it’s accepted that most startups fail — and when that happens, VCs (generally) accept their losses and move on. But that’s not the case in China, where VCs are trying to claw back their investments in failed startups by pursuing the personal assets of their founders in court, The Financial Times reports.
Chinese VCs are hounding failed founders to claw back their investments Read More »
While the Chinese internet giant Tencent is best-known for its super-app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of its most notable and still active investments include Reddit, Snap, and Fortnite creator Epic Games. Things might get a little awkward, though, because Tencent was designated a “Chinese military company”
The US just added Tencent to its list of ‘Chinese military’ companies Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Welcome to 2025! The first half of the week was relatively quiet in terms of startup announcements, but activity is already starting to pick up. We’re also
Bench saved by the bell, and other last-minute deals that closed 2024 Read More »
Tacora Capital, a Texas firm that specializes in venture debt, has raised $268.7 million for its second fund, according to a new SEC filing. Tacora’s inaugural fund in 2022 raised about $350 million, including $250 million from Peter Thiel — the prominent Republican billionaire and investor — in what was considered an “unusually large investment”
Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund Read More »
TechCrunch’s Found podcast, which has brought listeners the stories behind the startups since April 2022, released its final episode today. I’ve been one of the hosts of Found since November 2022 and in that time have spoken to more than 75 founders about the startups they are building. These founders hail from many different backgrounds
A look back on my favorite episodes of TechCrunch’s Found podcast Read More »
While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI adoption by enterprises, that didn’t play out as
From AI advancements and CrowdStrike’s crash to WordPress drama and which startups VCs have their eyes on next, TechCrunch’s Equity podcast is saying goodbye to 2024 with a look back at the year’s biggest stories in tech. Listen to the full episode to hear hosts Kirsten Korosec, Margaux MacColl, Devin Coldewey and Anthony Ha dig
2024: Founder Mode, AI, and the ‘Rise of the Broligarchs’ Read More »
From Keith Rabois to Matt Miller, a lot of VCs have switched firms or spun out of storied VC institutions this year. These employment changes are surprising because unlike in many other fields, venture capitalists don’t traditionally move around very much — especially those who reach the partner or general partner level. VC funds have
From Lauri Moore to Vic Singh, venture capitalists continue to play musical chairs Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye for
The year is coming to a close, but startup news keeps rolling in Read More »
