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Walmart+ takes on Prime by dropping $35 minimum on Walmart.com purchases

Walmart+ takes on Prime by dropping minimum on Walmart.com purchases Walmart+, the retailer’s lower cost alternative to Amazon Prime offering same-day delivery of groceries and other items, is making its service more appealing with today’s launch of a new perk. The company says that starting on Friday, December 4, it will remove […]

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All IPOs should be paid for in Robux

All IPOs should be paid for in Robux Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. This is an all-time first for the show, it’s an Equity Leftovers. Which means that we’re not focusing on a single topic like we […]

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Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more

Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more {$inline_image} DoorDash, Affirm, Roblox, Airbnb, C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capture our imagination because they […]

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Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more

Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more One of my favorite series of Monty Python sketches is built around the concept of surprise: Chapman: I didn’t expect a kind of Spanish Inquisition. [JARRING CHORD] [Three cardinals burst in] Cardinal Ximénez: NOBODY expects the Spanish Inquisition! I […]

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How COVID-19 accelerated DoorDash’s business

How COVID-19 accelerated DoorDash’s business DoorDash filed to go public today, publishing numbers that showed rapid growth, enhanced profitability and an improving cash flow record which helped explain how the company had grown to a $16 billion valuation while private. The unicorn’s impending liquidity event will enrich a host of venture capital […]

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Shares of Uber, Lyft soar on expected passage of California gig-labor ballot measure

Shares of Uber, Lyft soar on expected passage of California gig-labor ballot measure Shares of American ride-hailing giants Uber and Lyft are sharply higher in pre-market trading this morning on the expected passage of Proposition 22, a California ballot measure that allow tech-enabled, on-demand companies to continue classifying gig-workers as independent contractors. […]

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CA ballot measure that keeps gig workers as independent contractors is projected to pass

CA ballot measure that keeps gig workers as independent contractors is projected to pass Uber, Lyft, Instacart, DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass. The Associated Press called the race […]

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Khosla Ventures seeks $1.1 billion for its latest fund

Khosla Ventures seeks .1 billion for its latest fund Khosla Ventures, the eponymous venture firm helmed by longtime Silicon Valley rainmaker, Vinod Khosla, is raising  $1.1 billion for its latest venture fund, according to documents from the Securities and Exchange Commission. The filing was first spotted by Ari Levy over at CNBC. […]

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I’m a software engineer at Uber and I’m voting against Prop 22

I’m a software engineer at Uber and I’m voting against Prop 22 Kurt Nelson Contributor Share on Twitter Kurt Nelson is a mobile engineer at Uber based in San Francisco. These are his personal views. I’ve been a software engineer at Uber for two years, and I’ve also been a ride-hail driver. […]

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DoorDash expands with on-demand grocery delivery

DoorDash expands with on-demand grocery delivery DoorDash is announcing that customers can now order groceries through the DoorDash app from partners including Smart & Final, Meijer and Fresh Thyme. Additional stores like Hy-vee and Gristedes/D’Agnostino are supposed to be added in the next few weeks. Through these partnerships, DoorDash says it has […]

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