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[Editor’s note: Want to get this weekly review of news that startups can use by email? Just subscribe here.] My colleague Alex Wilhelm has been researching the companies that are both getting impressive valuations and also generating annual recurring revenues of around $100 million on more. These are the sorts of companies that any savvy …
February 15, 2020 | by Raheel“Not gonna lie. This f*cking sucks. This is the last HQ ever!” yelled host Matt Richards . And it just got crazier from there.The farewell game of HQ Trivia before it shut down last night was a beautiful disaster. The hosts cursed, sprayed champagne, threatened to defecate on the homes of trolls in the chat …
February 15, 2020 | by RaheelHQ Trivia is dead. Today the company laid off its full staff of 25 and will cease operation of its trivia, sports and word guessing games, a source close to the company confirmed. HQ Trivia had a deal in the works to be acquired, but the buyer pulled out yesterday and investors aren’t willing to …
February 14, 2020 | by RaheelWant to spice up the bedroom without paying for pills or awkward visits to a sex therapist? A new app called Lover lets you take a sexual personality quiz, explore carnal knowledge tutorials and discretely figure out which turn-ons you share with your partner. Built by board-certified sexual medicine clinical psychologist Dr. Britney Blair, Lover …
February 14, 2020 | by RaheelIn case you haven’t heard, VCs are loving on workplace software as of late, and productivity tools that help teams collaborate seem to be a particular frothy area of investment. A smattering of top VC firms and angels, including General Catalyst, First Round Capital, Bloomberg Beta, Biz Stone and Ellen Pao, are throwing their confidence …
February 14, 2020 | by Raheel“If I was running Clearbanc by myself, it probably would have gone off the cliff eight times at this point,” says Clearbanc co-founder Andrew D’Souza. “If I were running the company by myself, it would be half its size,” adds Michele Romanow, Clearbanc’s other co-founder. In addition to starting the $420 million-backed fintech company together, D’Souza …
February 14, 2020 | by RaheelSeed fundraising is rarely easy, but it certainly used to be a lot less complicated than it is today. In a simpler world, a seed investor (or maybe two) would lead a round, which meant that they would write the terms of the deal in a term sheet and then pass that document to their …
February 14, 2020 | by RaheelHello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As I write to you, SaaS and cloud stocks are busy setting fresh all-time highs and as we’ve seen, venture interest in modern software companies is pushing more money into the sector. But despite it appearing …
February 14, 2020 | by RaheelToo often, people are asked to give away their insights and time for free. Jen Horonjeff, founder and CEO of healthcare startup Savvy, knows this first hand and is trying to change that by applying a cooperative model to her business. As an infant, Horonjeff was diagnosed with juvenile idiopathic arthritis. Since then, she has …
February 14, 2020 | by RaheelHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. After having a good time with NEA’s Rick Yang last week, we thought we’d bring on another venture capitalist. So this week Danny and I had Elliott Robinson from Bessemer swing over for the show. As it turned …
February 14, 2020 | by Raheel