2025-09-30
Charlie Javice sentenced to 7 years: Still, the judge criticized the bank, saying “they have a lot to blame themselves” after failing to do adequate due diligence. He quickly added, though, that he was “punishing her conduct and not JPMorgan's stupidity.”
CNBC
A US judge sentences Frank founder Charlie Javice to 85 months in prison for defrauding JPMorgan Chase by overstating how many customers the fintech company had
2023-03-18
This is really impressive. Proud Rippling customer. A+ crisis management. I appreciate the comms they gave to their customers throughout the process. We never used SVB but many startups like us were affected because our vendors used them. https://techcrunch.com/...
TechCrunch
After SVB froze its deposits, HR software startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, taking its total funding to $1.2B
As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has nearly seen it all. Or so he might have thought until last week.
2020-11-06
Software is eating the world and apparently also liquor stores. Wow. https://twitter.com/...
TechCrunch
goPuff, which delivers convenience store items in under 30 minutes, buys liquor store chain BevMo for $350M; goPuff raised $380M in October at a $3.9B valuation
Anthony Ha / TechCrunch :
2020-01-26
Galvanize raised $130m+ / The transaction won't return “all invested capital for all classes of shareholders” https://www.theinformation.com/ ...
The Information
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 acq...
2020-01-25
Galvanize raised $130m+ / The transaction won't return “all invested capital for all classes of shareholders” https://www.theinformation.com/ ...
The Information
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
A wave of consolidation in the education technology market appears set to continue this year. — K12 Inc., a publicly-traded education company … Tweets: @jhtscherck , @frankcatala...
2020-01-10
The tech bubble is in late-stage investing. VCs perhaps fund more seed stage companies and give them a chance? -> Layoffs begin at SoftBank-backed delivery company Rappi https://www.axios.com/...
Axios
SoftBank-backed Rappi, an on-demand delivery startup operating in Latin America, says it is laying off around 6% of its workforce, or around 300 people
Dan Primack / Axios :