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Tag: Vision Fund

FTX Founder Bankman-Fried Sentenced To 25 Years For Fraud, Conspiracy

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday on seven criminal charges — two counts of fraud and five...

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Travel Startup Funding Peaked Pre-COVID. Now TravelPerk And Others Are Scaling Up

Among startup categories, travel has followed one of the more unusual investment trajectories. Funding to the space hit a peak in 2019, amid buzz around...

Flexport Raising $260M From Shopify — Report

Logistics giant Flexport is raising $260 million from partner and e-commerce titan Shopify after burning through hundreds of millions of dollars last year, per...

A16z Tops Active Investor Ranks In Slow Year

Overall, startup investors put far less money to work in 2023 compared to the prior two years. They also did far fewer deals. However, some...

From SVB And SBF To AI And IPOs, There Was A Lot Of Action (And Acronyms) In 2023

After a rough 2022, many people in venture were hoping 2023 would offer a reprieve. While the year did see some steadying in the venture-backed...

Investors Who Amassed The Most Unicorns Stepped Way Back In 2023

Funding to the unicorn class of companies — those private startups valued at $1 billion or more — has fallen dramatically in 2023, to...

Marcelo Claure and Paul Judge team up to lead Open Opportunity Fund, a venture fund for Black and Latino-founded tech startups – TechStartups

The Open Opportunity Fund, a venture capital initiative dedicated to supporting Black- and Latino-founded tech companies, announced two major moves that signal significant progress...

GM’s Cruise lays off 900 employees, or 24% of its workforce – TechStartups

General Motors’ Cruise announced in an internal memo on Thursday that it will lay off 900 employees or 24% of its workforce, the automotive...

SoftBank’s Vision Fund Posts $1.7B Loss

SoftBank Group’s once-heralded Vision Fund unit posted a $1.7 billion loss for the most recent quarter ended in September, in part due...

Andreessen Horowitz May Be Optimistic About Tech, But It’s Still Slowing Its Deal Pace

Andreessen Horowitz is known for its bets on then-startups such as Facebook, Instagram and Airbnb. Firm founder Marc Andreessen is also known for...

Investors Have Stopped Feeding The Supply Chain

For a number of years, one of startup investors’ favorite activities involved writing checks to companies in the supply chain management sector. From...

Active Startup Investors Picked Up Their Pace Again In Q3

After several quarters of declining activity, the most active startup investors got a little busier in the third quarter. Per Crunchbase data, the...

A Comprehensive Overview of European Startup Funding Rounds: Weekly Round-up (September 25 – September 29) | EU-Startups

In the fast-paced world of startups, funding rounds play a crucial role in the growth and success of these innovative ventures. Keeping track of...

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