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How ‘the Internet broke America’ with The New Yorker’s Andrew Marantz When Elizabeth Warren took on Mark Zuckerberg and Facebook earlier this week, it was a low moment for what New Yorker writer Andrew Marantz calls “techno-utopianism.” That the progressive, populist Massachusetts Senator and leading Democratic Presidential candidate wants to #BreakUpBigTech is […]
Less than 1 year after launching its corporate card for startups, Brex eyes B valuation Brex, the fintech business that’s taken the startup world by storm with its sought after corporate card tailored for entrepreneurs, is raising millions in Series D funding less than a year after it launched, TechCrunch has learned. […]
Meet the Texas startup that wants to decarbonize the chemical industry Solugen, a startup that has set itself up with no less lofty a goal than the decarbonization of a massive chunk of the petrochemical industry, may be the first legitimate multi-million dollar company to start out in a meth lab. When […]
Trump promotes Michael Kratsios to US Chief Technology Officer More than two years into the Trump administration, the long vacant post of U.S. Chief Technology Officer will be filled. Bloomberg first reported that today Trump is elevating Michael Kratsios, current deputy U.S. CTO, to the nation’s top tech position. Prior to his […]
Distinguished VCs back wholesale marketplace Faire with 0M at a 5M valuation A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as […]
Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GV Backed with nearly $87 million in venture capital funding from GV, Oak HC/FT and F-Prime Capital, Quartet Health was founded in 2014 by Arun Gupta, Steve Shulman and David Wennberg to improve access to behavioral healthcare. Its mission: […]
How the 22-year-old founders of Brex built a billion-dollar business in less than 2 years When Brazilian-born Henrique Dubugras and Pedro Franceschi met at 16 years old, they bonded over a love of coding and mutual frustrations with their strict mothers, who didn’t understand their Mark Zuckerberg-esque ambitions. To be fair, their […]
Mithril Capital Management, cofounded by Ajay Royan and Peter Thiel, is leaving the Bay Area From its glass-lined offices in San Francisco’s leafy Presidio national park, six-year-old Mithril Capital Management has happily flown under the radar. Now it’s leaving altogether and relocating its team to Austin, a spot that, among others the […]
VCs say Silicon Valley isn’t the gold mine it used to be In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ The author outlined reasons why the Valley has “peaked.” Venture capital investors are deploying capital outside the Bay […]
Peter Thiel’s argument that Silicon Valley has been ‘brainwashed’ by higher education is tired Billionaire VC Peter Thiel has largely flown under the radar since raising his hand to support Donald Trump’s presidential bid, then working with Trump’s administration to fill some of its many vacant positions. The association made him deeply […]
A Bionic Jellyfish Swims With Manic Speed (for a Jellyfish)GoFundMe CEO Rob Solomon is stepping down, will be replaced by Tim Cadogan, CEO of OpenXCoinbase poaches Google Shopping VP as CPO for cryptocommerceMicrosoft takes wraps off $40M ‘AI for Health’ initiativeThe US Is Losing Its Fight Against HuaweiPowered by Amazon Affiliated
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