I have been thinking a lot about silos, or the lack thereof, within startupland. There’s sometimes an artificial wall that is put up between companies at different stages of growth, when in reality, everyone is in the same room, clinking glasses and tripping over the same rug. Let me be more precise. As the late-stage
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What if you could buy a Peloton with pre-tax dollars? How about vitamins and supplements? Skincare products? Or even mattresses and massages? All of those may likely qualify as purchases you could make through a Flexible Spending Account (FSA) or Health Savings Account (HSA). Both types of accounts allow people to contribute pre-tax dollars that
The Twitter and Elon Musk saga is far from over as Elon Musk has made an offer to buy Twitter in an SEC filing. The billionaire has said he is willing to pay $54.20 per share to buy 100% of the company. It would be an all cash offer and would value the social network
Cloud security is one of the big drivers among enterprises making IT investments this year, according to a recent report from Gartner, which estimated that some $4.4 trillion in IT spend overall in 2022. Today, a startup called DoControl, which is building what it describes “no code” solutions for one part of that security stack
Front-line workers and those paid in hourly wages rather than salaries have become a prime target in the world of business IT, with a wave of apps helping them find jobs, do their jobs, communicate with each other better. In the latest development, a UK startup building what it describes as a financial “super app”
Throughout the web3 world, companies, protocols and projects alike are pushing to onboard a billion users — what they see as the tipping point for cryptocurrency use to grow exponentially. But that number is only possible — obviously — through increased adoption. That means major players in the space must make improvements regarding ease and
Immigrants to the United States face myriad challenges besides having to learn a new language. In many cases, they are dealing with a foreign and complex financial system, may struggle with finding adequate housing and health care and just generally feel lost. Welcome Tech, a startup aiming to build “an operating system” for immigrant families
Twitter’s board of directors announced in a press release that the company is adopting a limited duration shareholder rights plan — a “poison pill” in merger and acquisition lingo. While the company doesn’t name Elon Musk directly, Twitter is clearly trying to prevent the billionaire from buying the social network. Elon Musk currently owns 9.2%
Filevine, a startup offering a software-as-a-service product for legal case management, today announced that it closed a $108 million series D round led by StepStone Group with participation from Golub Capital and existing investors Signal Peak Ventures and Meritech Capital. CEO Ryan Anderson said that the proceeds will be put toward pursuing new market opportunities,
Startups which create platforms making it easier to buy “buy to let” properties are proliferating. In the US there is Roofstock, Mynd, Awning and Doorvest, among others. In Europe, there is, for example, GetGround or Bricklane. Beanstock.fr, a French buy-to-let investment marketplace that allows individuals to buy and manage properties online, has made hay as Spanish, English,
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Welcome to the Daily Crunch for Friday, April 15, 2022, where we are continuing to stick our heads in the sand regarding the war in Ukraine and the Earth slowly roasting itself
The United States is the world’s largest cannabis market, but as more European countries consider legalizing recreational use, investors are looking for opportunities in production, distribution and retail. Much like the U.S., laws governing this plant-based drug differ across the EU, which means entrepreneurs must navigate complicated legal frameworks even as they compete with an
The parent company of Dungeons & Dragons publisher Wizards of the Coast will buy D&D Beyond, the role-playing game’s popular digital suite of tools. The company announced the news this week in a press release, disclosing that it would buy D&D Beyond from current owner Fandom in a $146.3 million cash deal. Wizards of the
Jesse Klein Contributor Jesse Klein is a science, outdoor and business journalist who has written for New Scientist, GreenBiz, The New York Times and WIRED. Having previously worked inside Bay Area startups, she has a deep understanding of the pressing issues facing the businesses of tomorrow. More posts by this contributor Should we be growing
With white collar workers settling into hybrid work arrangements — a legacy of the pandemic — companies are rethinking how they deliver corporate perks like transportation, cafeterias, and gyms (much to the chagrin of some). As the concept of “the office” evolves, employers are being urged to offer flexible perks that can be tailored to
Nelia Holovina Contributor Nelia Holovina is senior content writer at 42Flows.Tech, a Ukrainian IT company that develops custom technical solutions and streamlined banking integration. Russia’s military aggression against Ukraine has been going on for almost two months, and during this time, all sectors of the economy, including IT, have had to stand by the military.
Bloomberg’s Ed Ludlow and Emily Chang talk about how President Biden talked all things EVs with GM’s Mary Barra and Ford’s Jim Farley at an event at the White House last week – but failed to mention the biggest EV maker in the world: Tesla. Elon Musk wasn’t happy about it.
Calling all mobility founders! The clock is ticking and we’re down to seven days left to apply to pitch TC Sessions: Mobility taking place on May 18-19 in San Mateo, CA with online analyst commentary on May 20th. We just announced the agenda and as you can see, you don’t want to miss out on
Forecasting, also known as demand variability, has long been a hurdle for businesses reliant on the global supply chain. In a survey conducted long before the pandemic began (in 2015), large companies — those with revenues in the range of $500 to more than $1 billion — pegged variability as the top challenge that they
Reddit announced today that it’s rolling out the ability to search comments, alongside a few other search-related features. With the new comment search function, users no longer have to click on several comments to find threads when looking for a particular conversation. You can now search for comments directly via a new “comments” tab in
Slope, which provides businesses an easy way to offer buy now, pay later services, has had a busy six months. That’s not much of a surprise, given that the buy now, pay later market size was valued at $16 billion in 2021 and is poised to grow nearly six times by 2029. Its API technology
From mega-rounds to early-stage deals, Europe had a strong start to the year Anna Heim 7 hours VC funding into Europe (including the U.K.) was up in the first quarter of 2022, CB Insights and Crunchbase data show. In other words, the region escaped the global quarter-on-quarter slowdown in startup investment. But Europe isn’t the
Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma, Lucas returned to his motherland to build his own internet startup. Two years into running the business, however, his enthusiasm has waned. The regulatory risks and compliance costs affecting his company have become
With lots of dry powder and growth reservoirs, 2022 might resist global trend Anna Heim 9 hours Could African tech be immune to the global funding slowdown? It sounds like a counterintuitive question to ask. “Africa, being home to several economies largely based on the export of natural resources, has historically been the opposite of
Clubhouse is rolling out a new dark mode setting on its iOS and Android apps starting today, the company announced in a blog post this week. The company says dark mode was a highly requested feature and is designed to make it easier for night owls to hang out on its platform at night. Instead
Earlier this year, Akamai announced its plans to acquire Linode, the well-loved cloud hosting service, to build out its own cloud and edge computing portfolio. The $900 million acquisition closed last month. While Akamai is still mostly known for its content delivery services, the company started building out more compute-centric services over the course of
Immigrants, international students, and the migrant population in general all require international payments, or foreign exchange. Revolut and Wise are among those platforms to have taken advantage of this international audience. Now, Fintech startup Leatherback, UK-based cross-border payments platform, has raised what it describes as a $10 million pre-seed round led by ZedCrest Capital, a pan-African investment firm.
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Welcome to the Daily Crunch for Thursday, April 14, 2022! As we put this together, we are listening to TED’s Chris Anderson interview with Elon Musk about his attempt to buy Twitter.
For the bulk of the past two years, the pandemic has put the kibosh on corporate travel of nearly any kind. This has dampened investors’ enthusiasm in travel and expense (T&E) startups, predictably, whose expertise lies in creating software for travel and other forms of expensing. But as the appetite for in-person events and interactions
—That escalated quickly. Days after the inexplicably idle mega-billionaire and chief executive of Tesla and SpaceX announced that he had bought a 9.2 percent stake in Twitter and would join its board, wait no he’s not doing that; Musk wants the whole damn thing. In a tweet, Musk disclosed that he served Twitter an offer