Bolt’s aggressive ultimatum to its existing shareholders – in which it told them to buy many more shares at higher prices or it would take back their shares for payment of 1 cent a share – will be an expensive uphill battle, an expert familiar with Bolt’s corporate charter tells TechCrunch. To recap: On Tuesday, when […]
Bolt’s wild ultimatum to its VCs will only succeed if they agree, expert says Read More »
In 2020, Kathryn Wu launched a side hustle while she was working as a product engineer at Pinterest. Wu started a milk tea company, Ohtea, with the hopes of connecting with local grocery stores and gift shops to get them to carry the tea. She quickly realized how difficult it was to not only be
Openmart wants to make it easier for enterprises to sell to local businesses Read More »
The release of ChatGPT in November 2022 sparked a new wave of AI companies. It also brought attention to the companies that were already building in the space like Etched. Etched co-founder and CEO Gavin Uberti said on a recent episode of TechCrunch’s Found podcast that his company “stands on the shoulders of giants.” While
Etched founder Gavin Uberti thinks his company stands on the “shoulders of giants” Read More »
Life-sciences investor BEVC is raising a $25 million fund aimed at climate-related startups, according to an SEC filing. BEVC is new on the scene, and was founded just last year. Its three co-founders all have backgrounds in the life sciences, and its first two investments, Radar Therapeutics and Insamo, were in the life sciences. But
Life-sciences investor BEVC raising $25M climate fund Read More »
HR startup Rippling has grown into a company valued at $13.5 billion with more than 3,200 employees. Despite that size, its founder and CEO Parker Conrad still approves every expense report over $10 and is still the one who does routine HR tasks like running payroll. That’s because doing such tasks means he’s using his
HighPost Capital, a private equity firm run by Mark Bezos, Jeff Bezos’ younger brother, and PE veteran David Moross, has launched a new venture capital arm called HIPstr. And with it, fresh capital to invest in startups. The new entity just announced its first VC fund of $100 million. HighPost Capital focuses on consumer companies and
Jeff Bezos’ brother’s firm has launched a debut $100M VC fund called HIPstr Read More »
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don’t traditionally move
From Lauri Moore to Vic Singh, venture capitalists continue to play musical chairs Read More »
What is the right way to build a software business? Many startup advisers say that B2B software should solve one pain point, gain customers, then add features as their company grows. Serial founder Parker Conrad, currently the founder and CEO of Rippling, an HR software startup valued at $13.5 billion in April, thinks that’s the
Parker Conrad says founders have been building software wrong for the last 20 years Read More »
Kristen Faulkner astonishing Olympic success of two gold medals stems from lessons learned from her former career as a venture capitalist. Faulkner was an associate investor at Threshold Ventures, and at Bessemer Venture Partners before that, leaving the VC world in 2021 to pursuing cycling. She wasn’t initially scheduled to ride in the 158-kilometer (98-mile)
Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene. The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi.
How CNH’s ‘black belt’ M&A head makes deals Read More »
