Robinhood announced this morning that it has raised $200 million more at a new, higher $11.2 billion valuation. The new capital came as a surprise. Astute observers of all things fintech will recall that Robinhood, a popular stock trading service, has raised capital multiple times this year, including an initial $280 million round at an […]
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend enjoyment. Ready? Let’s talk money, upstart companies and spicy IPO rumors. Sadly the best news of the week isn’t a fit here […]
Andy Rachleff founded Wealthfront a decade ago to give investors a better and smarter way to manage their wealth, building on core academic research showing that a carefully balanced portfolio of low-fee ETFs outperformed more aggressive strategies. Since then, the company has taken in billions of dollars of invested capital under management and expanded into […]
As the antitrust drumbeat continues to pound on tech giants, with Reuters reporting comments today from the U.S. Justice Department that it’s moving “full-tilt” on an investigation of platform giants including Google parent Alphabet, startups in Europe’s travel sector are dialing up their allegations of anti-competitive behavior against the search giant. Google has near complete […]
Courtney Chow Contributor Courtney Chow is an associate with Battery Ventures in San Francisco who focuses on early and growth-stage internet, software and services companies. Justin Da Rosa Contributor Justin Da Rosa is a vice president with Battery Ventures in San Francisco. He focuses on consumer internet, online marketplace and software investments. Telehealth, or remote, […]
Fundraising was once a formal process. A decade ago, founders would make pilgrimages to the stodgy investor offices that line Sand Hill Road. Now, as the coronavirus ravages the world and venture capital grows as an asset class, a first “yes” can come from an investor-matching tool built on Notion, or an entire fund can […]
Jason Green, co-founder and partner at Emergence, has made some solid enterprise SaaS bets over the years, long before it was fashionable to do so. He invested early in companies like Box, ServiceMax, Yammer, SteelBrick and SuccessFactors. Just those companies alone would be a pretty good track record, but his firm also invested in Salesforce, […]
Of the big three Apple operating systems, watchOS arguably gets the least love. That goes double in a year that sees macOS getting its biggest overhaul in recent memory. On the whole, the Apple Watch’s software is often overlooked, as smartwatch users tend to focus attention on the addition of new hardware sensors and the […]
The first season of “The Umbrella Academy” had its flaws, but empathetic portrayals of its seven superhero siblings (all adults bearing the emotional scars of an upbringing under their strict adoptive father Reginald Hargreeves) more than made up for its meandering plot. In season two, which recently launched on Netflix, the Umbrella Academy has been […]
Nearly eight years ago, Hamet Watt and Stacy Spikes launched MoviePass, the subscription-based movie ticketing service that captured the minds and dollars of investors and brought thousands of cinephiles a too-good-to-be-true deal for all-you-can watch movie passes. Watt, who came to MoviePass as an entrepreneur in residence at True Ventures, previously founded the brand and […]