Alex Wilhelm
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The Wall Street Journal recently reported that Klarna, a European buy now, pay later (BNPL) provider, is considering raising capital at a valuation of around $15 billion. The new figure is both a dramatic decline from Klarna’s mid-2021 valuation of more than $45 billion and the $30 billion figure...
Startups have seen better years. Last year, for example.
We’ve worked to highlight bits of good news where possible (signs of resilient software revenue growth, indications that valuations can partially recover and that a good number of startups have oodles of cash on hand), but today we are working in the...
The crypto sell-off of the last several days was preceded by staffing cuts at several companies in the business of facilitating the trading of decentralized assets and tokens. Reductions at Gemini and Crypto.com were superseded today by news that Coinbase is cutting more than 1,000 staff. Given that...
Earlier today, TechCrunch+ published an open letter to startups from Index Ventures partner Mike Volpi with advice for startups that have different levels of runway. In short, the more cash that a startup has, the more latitude it will have to be aggressive in the present downturn and...
Mike Volpi is a general partner at Index Ventures. He joined the firm in 2009 to help establish Index's San Francisco office with Danny Rimer.
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The 2022 crisis is the third major tech downturn of the internet...
Shares of DocuSign are off 25% in pre-market trading today after it reported earnings last night, pushing the value of shares in the e-signature company under pre-COVID levels.
Given that the market is valuing DocuSign at a cheaper price than it did in early 2020, you might think that...
Less than 24 hours ago, TechCrunch took a look at a collection of data on the market for non-fungible tokens (NFTs). Our goal was to better understand the level of demand for NFTs in light of the number of recent funding rounds at startups that deal with the...
Each and every time Apple collects the technology press for an event, TechCrunch takes the time to track the impact of the company’s announcements on the value of its equity. The result is usually nothing at all; investors simply don’t trade Apple based on the products or services...
Musk threatens to kill Twitter deal over claimed lack of user data transparency – TechCrunch
Alex Wilhelm - 0
In a fresh SEC filing this morning, Twitter shared a letter it received from Elon Musk’s legal team indicating displeasure with the company’s offered information regarding the level of “spam and fake accounts” on its service. This is the same concern that the technology entrepreneur has posted about...
The 2022 startup market might feel like a slowly unfolding train wreck, but there’s good news to be found — provided you are willing to take a longer-term perspective.
Sure, startup layoffs are spiking, venture capital is slowing, and the stock market is a hot mess. Underneath each drumbeat...