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Will Robbins Contributor Share on Twitter Will Robbins is an early-stage investor at Contrary. More posts by this contributor Venture investing in elder tech Voodoo Games is one of the most interesting startups alive today. In mid-2018, it had 150 million MAUs and raised $200 million from Goldman Sachs, yet I’ve never heard anyone mention …
February 18, 2020 | by RaheelDespite the rapid growth of e-commerce in India, Southeast Asia and other emerging markets, the vast majority of retail transactions there still happen offline in small stores that also serve as neighborhood hubs. The central role these stores play in their communities led GGV Capital to develop what the firm refers to as its mom-and-pop …
February 17, 2020 | by RaheelAfter WeWork exploded there was — at least supposedly — a change in sentiment among investors and founders alike. Gone were the days of easy nine-figure rounds, expensive growth, negative unit economics and the rest of the excess that Startupland has enjoyed over the past half-decade. Inside this purported sentiment shift, I presumed, was a …
February 17, 2020 | by RaheelRemember when Zenefits imploded, and kicked out CEO Parker Conrad. Well, Conrad launched a new employee onboarding startup called Rippling, and now he’s going after another HR company called Gusto with a new billboard, “Outgrowing Gusto? Presto change-o.” The problem is, Gusto got it taken down by issuing a cease & desist order to Rippling …
February 17, 2020 | by RaheelThe Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. HQ Trivia shuts down after acquisition falls through HQ Trivia is dead. On Valentine’s Day, the company laid off its full …
February 17, 2020 | by RaheelHello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Late last week two Boston-based companies raised big rounds. The size of the two investments — each over the $100 million mark — and their rapid succession made them stand out. The pair of investments …
February 17, 2020 | by RaheelAmericans are saddled with $1.2 trillion in auto loans, according to data collected by the Federal Reserve. And while that debt can be refinanced, even U.S. car owners who know it’s an option face a complicated task. MotoRefi, a new fintech startup that was born out of QED Investors in 2017, says it has developed …
February 17, 2020 | by RaheelGood morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years don’t worry — we’re not changing the main show. Here’s last week’s episode with Danny Crichton and Bessemer’s Elliott Robinson which I really …
February 17, 2020 | by RaheelPullRequest, a startup that provides code review as a service, announced today that it was buying Moonlight, an early-stage startup that has built an online platform for hiring remote developers. The companies did not share the terms. Lyal Avery, founder and CEO at PullRequest, says he bought this company to expand his range of services. …
February 17, 2020 | by RaheelBudget-lodging startup Oyo on Monday reported a loss of $335 million on $951 million revenue globally for the financial year ending March 31, 2019, and pledged to cut down on its spending as the India-headquartered firm grows cautious about its aggressive expansion. The six-year-old startup’s growing revenue, up from $211 million in financial year ending …
February 17, 2020 | by Raheel