Investors in America’s tech startup sector are bracing for a collapse. That’s according to a report Thursday (Dec. 7) by the New York Times (NYT) which chronicles the rise and fall of a number of once high-flying companies — WeWork, Convoy, Olive AI — that...
Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. This pullback is part of a larger decline in investments at crypto firms, many of whom have their own venture capital (VC) operations, Bloomberg News reported Wednesday (Nov. 15). And although...
Databricks is reportedly weighing a funding round that would value it at $43 billion. The software maker is in talks with T. Rowe Price, Reuters reported Friday, citing people familiar with the matter. If the round succeeds, it would push the company’s valuation beyond the $38 billion...
Venture capital (VC) outfits are reportedly shrinking their megafunds after years of building them up. As The Wall Street Journal (WSJ) reported Sunday (July 16), these cuts illustrate the way tech investors are scaling back their goals even as tech stocks rebound in part because of...
August 30, 2018
Business growth in Africa requires better payments infrastructure, and that effort received a significant boost this week when Stripe, Visa and other firms invested $8 million in Paystack. The Nigerian company enables developers to create payment tools via its APIs, and connects multiple payment processors by handling transactions for merchants and consumers. The investment will […]
August 17, 2018
It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it. But make the decision and letgo helps people, well, let go. CEO Alec Oxenford tells PYMNTS...
March 09, 2018
Even as a telecommunications conglomerate, it’s hardly surprising that Comcast is jumping into the world of blockchain. Via the firm’s Comcast Ventures, the company led a nearly $3.3 million funding...
May 01, 2017
Which grocery stocks look most likely to see May flowers? Costco shares saw a spike in value mid-week in the last week of April trading, rising above $178 as the...
April 28, 2024
Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as soon as May, the Financial Times reported Sunday (April 28), citing sources familiar with the matter who say the funds will be invested in various sectors including defense, space, climate, […]
December 07, 2023
Investors in America’s tech startup sector are bracing for a collapse. That’s according to a report Thursday (Dec. 7) by the New York Times (NYT) which chronicles the rise and...
November 15, 2023
Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. This pullback is part of a larger decline in investments at crypto firms, many of...
August 27, 2023
Databricks is reportedly weighing a funding round that would value it at $43 billion. The software maker is in talks with T. Rowe Price, Reuters reported Friday, citing people familiar with the...
