TechCrunch+'s founding editor about its launch to complement TechCrunch's ads and events revenue and its failure due to issues with finding business reporters
January was a brutal month for journalists, globally from death and locally from layoffs. The latter hit home this week … Threads: @firstadopter . Mastodon: @carnage4life@mas.to . X: @mjburnsy , @rez...
Source: Chamath Palihapitiya shelved plans to raise $1B for an early-stage investment fund, in part due to fundraising challenges
Kia Kokalitcheva / Axios : X: @mhdempsey , @thestalwart , @carnage4life , @riddle245 , @fisurgi , @hitsamty , @jasonlk , @fed_speak , and @bucknsf X: Michael Dempsey / @mhdempsey : It is truly shocki...
Profile of Bessemer Venture Partners, an early investor in Twilio and Shopify, as its competition with Andreessen Horowitz, Tiger Global, and SoftBank ramps up
Bessemer Venture Partners is a thoughtful firm in a world of loose money. — 4 hr ago — In 2009, Ethan Kurzweil … Tweets: @ericnewcomer , @sarthakgh , @jasonlk , @ericnewcomer , @ericnewcomer , and...
Utah-based Entrata, which develops property management software, raises $507M led by Silver Lake and others, its first raise in its 18-year history
Covering venture capital, software and startups — Can a new CEO, half a billion dollars and the support of some of Utah's … Tweets: @jasonlk and @alexrkonrad . Thanks: @alexrkonrad Tweets: @jasonlk ...
Sources: SoftBank-backed online lender Kabbage suspended credit lines to its small business clients in the past week without notice
- Small-business lender Kabbage said to slash credit lines to $0 — Online lender raised $250 million from SoftBank in 2017 Tweets: @jasonlk , @mayazi , @mdudas , and @sunchartist Tweets: @jasonlk :...
Galvanize to be acquired by education company K12 Inc. for $165M in cash, according to an email to shareholders; some shareholders won't get proceeds
Kate Clark / The Information : Tweets: @rfern_____ , @jasonlk , @kateclarktweets , @frankcatalano , @kimmytaylor , and @jhtscherck Tweets: @rfern_____ : My former employer was acquired for $165,000,0...
Atomico: European startups are likely to receive a record $34.3B in VC investments in 2019, with US-based VCs accounting for about $10B
Alex Konrad / Forbes : Tweets: @kateclarktweets , @jasonlk , @alexrkonrad , and @indexventures . Thanks: @alexrkonrad Tweets: Kate Clark / @kateclarktweets : “More money is flowing into European tech...
Salesforce's Marc Benioff on elevating Keith Block to co-CEO, company's deal with US Customs and Border Protection, comparing Facebook to cigarettes, more
- After a summer vacation, Benioff made the surprising decision to elevate Keith Block to co-CEO, enabling a “divide and conquer strategy” … Tweets: @jasonlk , @adam_mansfield_ , @caseynewton , @mattr...
Source: Meicai, an online marketplace in China for vegetables and more, has raised about $800M, led by Hillhouse Capital and Tiger Global, at a $7B valuation
Lulu Yilun Chen / Bloomberg : Tweets: @technology , @tekkamana , @jasonlk , and @luluyilun Tweets: @technology : A Chinese rocket scientist's startup that helps farmers sell vegetables to restaurants...
Global VC funding in 2017 was highest in a decade at $155B, VC investment in AI doubled to $12B YoY, and VC funding in Asia reached $48B+
KPMG : Tweets: @jasonlk and @jasonlk Tweets: Jason M. Lemkin / @jasonlk : “Global median deal size rose for every deal stage in 2017” ... but ... “Global first-time VC financing fell for the third st...