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Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor Companies raising supergiant VC aren’t getting any younger Coastal startups don’t have a monopoly on raising big at early-stage It takes a lot more than a good idea and the right timing to build a …
February 23, 2019 | by RaheelThe Wall Street Journal published a thought-provoking story this week, highlighting limited partners’ concerns with the SoftBank Vision Fund’s investment strategy. The fund’s “decision-making process is chaotic,” it’s over-paying for equity in top tech startups and it’s encouraging inflated valuations, sources told the WSJ. The report emerged during a particularly busy time for the Vision …
February 23, 2019 | by RaheelThe video conferencing company Zoom is aiming to file a public S-1 by the end of March, according to a new report in Business Insider that adds the company could go public as soon as April. Business Insider reported last month that Zoom had filed confidentially with the SEC to go public, just months after …
February 22, 2019 | by RaheelEpic Games, maker of the ultra popular Battle Royale game Fortnite, is putting up another $100 million in prize cash for competitive tournaments in 2019. The company made waves in the esports world last year, announcing a $100 million prize pool for the 2018 competitive year, dwarfing every other competitive title in one fell swoop. …
February 22, 2019 | by RaheelInstagram is threatening to attack Pinterest just as it files to go public the same way the Facebook-owned app did to Snapchat. Code buried in Instagram for Android shows the company has prototyped an option to create public “Collections” to which multiple users can contribute. Instagram launched private Collections two years ago to let you …
February 22, 2019 | by RaheelShowfields, which helps online brands move into offline, brick-and-mortar retail, is announcing that it has raised $9 million in seed funding. “Our thesis was simple: Make the process of becoming physical as easy as becoming digital,” co-founder and CEO Tal Zvi Nathanel told me. I’ve written about other companies, like Bulletin, promising a more flexible …
February 22, 2019 | by RaheelCircle makes a fantastic screen time management tool and today the company announced a round of funding to help fuel its growth. The $20 million Series B included participation from Netgear and T-Mobile, along with Third Kind Venture Capital and follow-on investments from Relay Ventures and other Series A participants. With this round of funding, …
February 22, 2019 | by RaheelWaitWhat, the digital content production engine behind LinkedIn co-founder Reid Hoffman’s Masters of Scale podcast, has secured a $4.3 million Series A investment led by Cue Ball Capital and Burda Principal Investments. Launched in January 2017, WaitWhat will use the cash to create additional media properties across a variety of mediums, including podcasts. Investors are gravitating …
February 22, 2019 | by RaheelI can’t tell you the number of times I’ve heard friends lament how difficult it is to find a decent calendar app. The stock calendar apps are certainly serviceable, but there’s so much that they can’t handle in terms of managing and prioritizing tasks. Sunsama, launching out of Y Combinator’s latest batch, is taking a …
February 21, 2019 | by RaheelA few weeks ago, we told you that former Uber CEO Travis Kalanick looks to be partnering with the former COO of the bike-sharing startup Ofo, Yanqi Zhang, to bring his new L.A.-based company, CloudKitchens, to China. Kalanick didn’t respond to our request for more information, but according to the South China Morning Post (SCMP), his …
February 21, 2019 | by Raheel