How students are founding, funding and joining startups

Shawn Xu Contributor Share on Twitter Shawn Xu is a managing partner at The Dorm Room Fund. There has never been a better time to start, join, or fund a startup as a student.  Young founders who want to start companies while still in school have an increasing number of resources to tap into that […]

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Chinese e-commerce challenger Pinduoduo is raising over $1 billion more

The price of competing with e-commerce giants Alibaba and JD.com is immense. That’s evidenced by challenger Pinduoduo, commonly known as PDD, which is raising more than $1 billion in fresh capital just six months after it went public. The company announced plans to sell 37 million shares in a move that will raise over $1 billion, going […]

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Lightspeed announces new $560 million fund for China

Global investor Lightspeed is starting 2019 with its largest-ever fund for China, where it has backed a number of new internet challengers. The firm announced this week that its fourth China fund has closed with a total capital commitment of $560 million. The firm had a massive 2018, with no fewer than five of its portfolio holding IPOs […]

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Epic Games, the creator of Fortnite, banked a $3 billion profit in 2018

Epic Games had as good a year in 2018 as any company in tech. Fortnite became the world’s most popular game, growing the company’s valuation to $15 billion, but it has helped the company pile up cash, too. Epic grossed a $3 billion profit for this year fueled by the continued success of Fortnite, a […]

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Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla, Alfred Lin of Sequoia and Alex Taussig of Lightspeed are backers of Faire.

View More Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

Foxconn or Foxgone? Tariffs, Wisconsin, and iPhone fires

First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn, and then quick notes on tech depression, Huawei, and more. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like […]

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Udaan, the e-commerce startup led by three former Flipkart executives, raises $225M

The trio announced this morning that their B2B e-commerce startup Udaan had raised $225 million in Series C funding. The cash infusion, according to Indian media reports, makes Udaan the fastest-ever Indian startup to be valued at over $1 billion.

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Grab picks up $2 billion more to fuel growth in post-Uber Southeast Asia

Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more on-demand services. The $2 billion figure includes a $1 billion investment from Toyota which was announced in June, […]

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The incredible rise of Pinduoduo, China’s newest force in e-commerce

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for […]

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Equity podcast: Circle raises $110, VCs hunt liquidity, and the Vision Fund’s possible twin

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Today Matthew Lynley, Connie Loizos and I were joined by Semil Shah, the founder of seed-stage fund Haystack and venture partner at Lightspeed. This week, we stuck to our roots: big rounds, venture capital liquidity thirst, one IPO, two […]

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