Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be notable by themselves, but given how many other […]

Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works It’s hard to put a positive spin on terrible situation, but that didn’t stop Goldman Sachs CEO David Solomon earlier today. Asked during a session at the World Economic Forum in Davos about […]

Israel’s cybersecurity startup scene spawned new entrants in 2019 Yoav Leitersdorf Contributor Share on Twitter Yoav Leitersdorf is the Silicon Valley-based Managing Partner at YL Ventures, where he accelerates cybersecurity startups in the U.S. market. More posts by this contributor A look back at the Israeli cyber security industry in 2018 Trends […]

Space Angels’ Chad Anderson on entering a new decade in the ‘entrepreneurial space age’ Space as an investment target is trending upwards in the VC community, but specialist firm Space Angels has been focused on the sector longer than most. The network of angel investors just published its most recent quarterly overview […]

R.I.P. Goofy Times A strange new sensation has settled across the tech industry, one so foreign, so alien, it’s almost hard to recognize. A sense that some great expectations are being radically revised downwards; that someone has turned down a previously unquenchable money spigot; that unit economics can matter even when you’re […]

Week in Review: The old Vision Fund heave-ho Hey everyone, welcome back to Week in Review where I dive deep into a bit of news from the week or just share some thoughts and go over some of the more interesting stories of the week. If you’re reading this on the TechCrunch […]

Layoffs at Lime and Getaround herald rise of profit-hungry unicorns Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A million dollars isn’t cool. You know what’s cool? Positive adjusted EBITDA, or something close to it. That’s the message from scooter […]

Lucky coffee, unicorn stumbles, and Sam Altman’s YC wager Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had TechCrunch’s Alex Wilhelm and Danny Crichton on hand to dig into the news, with Chris Gates on the dials and more […]

Tech layoffs rise as cost-cutting comes into vogue Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, we’re taking digging into two trends: recent layoffs at various domestic unicorns and secondly, how those layoffs match a recent uptick in austerity […]