Alex Wilhelm
News broke today (shoutout CNBC for the scoop) that Peloton is halting production of its hardware for a bit. Compare and contrast the following headlines, the first from May 2020 via our friends at Quartz:
And today:
Calling an event after it has happened is lazy newswriter cliche, but it...
The global startup fundraising boom has lifted nearly every sector you can name: Edtech took off during the pandemic, software in general got a lift, and even more risky and long-term wagers like space tech and biotech are seemingly doing well in today’s risk-on startup fundraising market.
But no...
A few years back there was debate in the tech market concerning the growth of low- and no-code apps and services. A global shortage in developer talent was part of the impetus behind building software that made creating software simpler, but there were some who viewed no- and...
I find your lack of faith disturbing
I do not want this morning column to become Old Man Shouts at Stocks; that’s not its goal. To prevent that from happening, we’re flipping the script today.
The Exchange explores startups, markets and money.
Read it every morning on TechCrunch+ or get...
This morning Rebundle, a hair-focused startup based in St. Louis, announced that it has raised $1.4 million in a pre-seed round. M25, a venture firm with a geographic focus on the Midwest, led the funding event. Prior to its pre-seed round, Rebundle had raised what CEO and co-founder...
Like you, I check NFT marketplace volume a few times each day to keep tabs on the burgeoning market for buying and selling digital signatures on various blockchains that point to images and the like. We’re very cool.
Mostly, the data is steady. OpenSea volumes tend to lead the...
Quick blog here to update you on some pretty important movements in the market. Today, in a nasty day for stocks generally, shares of software and cloud companies took a pounding.
In numerical terms, the Nasdaq Composite lost 2.51%, per CNBC data. That’s a very bad day for a...
That the venture capital market is incredibly exuberant at the moment is not news. Data from 2021 paints the picture of a startup fundraising game at peak velocity, with more capital, unicorns and nine-figure deals than ever.
And let me tell you, some venture capitalists are tired of it....
Justworks, a venture-backed software startup focused on the HR market for small and medium-sized businesses, announced earlier today that it would delay its IPO. In a statement to TechCrunch, Justworks said that it “decided to delay its IPO due to market conditions at this time.”
An IPO delay is...
I am bearish on crypto games
If there’s one thing that venture capitalists have taught me, it’s that aligned incentives can kick ass.
It’s a phrase you’ll hear often if you spend time with professional private market investors. But if I summon my collegiate years, the phrase is really just...
