general atlantic – Fusion Nepal

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Startups Weekly: A much-needed unicorn IPO update

sudshr47 March 23, 2019 Startups

In this week’s newsletter: Details on Pinterest, Lyft, Uber and Zoom’s upcoming IPOs, plus Glossier and Rent The Runway’s big rounds.

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Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

sudshr47 March 9, 2019 Startups

In this week’s startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.

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Andreessen Horowitz hires its 15th general partner

sudshr47 March 4, 2019

A16z has tapped General Atlantic’s David George to focus on late-stage deals.

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Workplace messaging platform Slack has confidentially filed to go public

sudshr47 February 4, 2019 Startups

The company has taken its first official step toward a rumored direct listing.

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Grove Collaborative, a subscription startup selling ‘household essentials,’ has been quietly raising a lot of moolah

sudshr47 December 27, 2018 Startups

Grove Collaborative, a four-year-old, San Francisco-based startup that sells household, personal care, baby, children’s and pet products, has been busy raising money in 2018, shows two new SEC filings that lists representatives from the company’s earlier investors, including Mayfield, Norwest Venture Partners and MHS Capital, as well as apparent new investor General Atlantic, represented by partner Catherine […]

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Nyca Partners’ Hans Morris hunts for great fintech investments amid volatility

sudshr47 December 26, 2018

Hans Morris is a name to know in fintech, and as finance and tech sectors prepare for tougher time next year, he has some incisive thoughts to share about the kinds of companies that will succeed (or not) in a financial downturn. The managing partner of investment firm Nyca Partners, Morris also serves as the […]

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TikTok parent ByteDance sues Chinese news site that exposed fake news problem

sudshr47 December 20, 2018

There’s worrying news from China’s online media world as ByteDance, the $75 billion company behind popular video app TikTok is taking a news site to court for alleged defamation after it published a story about ByteDance’s fake news problem in India. U.S. tech firms have come to rely on media to help uncover issues, but Chinese […]

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Byju’s targets global expansion for its digital education service after raising $540M

sudshr47 December 17, 2018

India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is making things official. The ten-year-old company revealed today it has pulled in a total of $540 million from investors to go after international opportunities. The round is led by Naspers, the investment firm famous for […]

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China’s NetEase raises $600M for its music streaming business

sudshr47 November 13, 2018

As Tencent Music, China’s largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games and publishing giant NetEase, just closed a fresh $600 million injection from a bevy of investors that include Baidu and General Atlantic, the company announced […]

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China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup

sudshr47 October 26, 2018

Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that values the company at $75 billion. A source with knowledge of the deal confirmed the round to TechCrunch and suggested that […]

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Investment advisory software developer SigFig raises $50 million

sudshr47 June 19, 2018

SigFig, the developer of an automated wealth management toolkit, has raised $50 million in a new round of funding. The company said the new money would be used to continue its research and development. The new funding was led by General Atlantic and included participation from existing investors like Bain Capital Ventures, DCM Ventures, Eaton […]

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Pondering an IPO, cyber security company CrowdStrike raises $200 million at over $3 billion valuation

sudshr47 June 19, 2018

CrowdStrike, the developer of a security technology that looks at changes in user behavior on networked devices and uses that information to identify potential cyber threats, has reached a $3 billion valuation on the back of a new $200 million round of funding. The company’s hosted endpoint security technology has seen tremendous adoption worldwide and […]

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