Ridehailing firm Lyft will reportedly make its Nasdaq debut as early as next week.
View More Lyft’s imminent IPO could value the company at $23BCategory: San Francisco
HotelTonight, Slack stakeholder Accel stays on top with $2.5B fund
Sources confirm Accel has nabbed $2.5 billion — its largest pool of capital yet — for three new funds.
View More HotelTonight, Slack stakeholder Accel stays on top with $2.5B fund137 Ventures raises $210M to give liquidity to startup employees
This is the Palantir, Airbnb and Flexport backer’s fourth growth-stage venture capital fund.
View More 137 Ventures raises $210M to give liquidity to startup employeesGM Cruise snags Dropbox HR head to hire 1,000 engineers by the end of the year
GM Cruise plans to hire 1,000 more engineers over the next nine months, TechCrunch has learned. It’s an aggressive move by the autonomous vehicle technology company to double its size as it pushes to deploy a robotaxi service by the end of the year. Arden Hoffman, who helped scale Dropbox, will leave the file-sharing and […]
View More GM Cruise snags Dropbox HR head to hire 1,000 engineers by the end of the yearBottomless has a solution for lazy coffee addicts
Bottomless, one of the 200-plus startups in Y Combinator’s latest batch, uses a smart scale to automatically restock your java supply.
View More Bottomless has a solution for lazy coffee addictsStartups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans
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.
View More Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plansY Combinator president Sam Altman is stepping down amid a series of changes at the accelerator
What’s going on at Y Combinator?
View More Y Combinator president Sam Altman is stepping down amid a series of changes at the acceleratorAirbnb agrees to acquire last-minute hotel-booking app HotelTonight
Airbnb to purchase HotelTonight, a hotel-booking app last valued at $463 million.
View More Airbnb agrees to acquire last-minute hotel-booking app HotelTonightAfrica Roundup: Kenya’s BRCK acquires EveryLayer, Nigeria’s TeamApt eyes global expansion
Kenyan communications hardware company BRCK acquired the assets of Nairobi based internet provider Surf and its U.S. parent EveryLayer in a purchase deal of an undisclosed amount in February. Based in Nairobi, Surf is a hotspot service provider aimed at offering affordable internet to lower income segments. BRCK is a five year old venture that pairs its rugged WiFi routers […]
View More Africa Roundup: Kenya’s BRCK acquires EveryLayer, Nigeria’s TeamApt eyes global expansionThe Silicon Valley exodus continues
Y Combinator, a longtime resident of Silicon Valley, is planning to move its HQ to San Francisco.
View More The Silicon Valley exodus continuesFailed meal-kit service Munchery owes $6M to gift card holders, vendors
Several weeks after a sudden shutdown that left vendors and customers in the lurch, Munchery has filed for Chapter 11 Bankruptcy protection.
View More Failed meal-kit service Munchery owes $6M to gift card holders, vendorsAirAsia launches a $60M fund to help startups get into Southeast Asia
Budget airline AirAsia is getting into the VC game after it unveiled a venture capital fund that aims to invest in startups across the world. The airline today announced Redbeat Capital, a $60 million fund that it says will operate independently and seek deals with startups worldwide in areas such as travel, lifestyle, fintech and […]
View More AirAsia launches a $60M fund to help startups get into Southeast Asia