Category: Funding
Punitive liquidation preferences return to VC — don’t do it
Emergency bridge convertible notes create severe disincentives for new investors Pascal Levensohn 7 hours Pascal Levensohn Contributor Pascal Levensohn is a San Francisco-based venture capitalist with over 22 years of VC experience through Levensohn Venture Partners and Dolby Family Ventures. He is a former director of the National Venture Capital…
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Daily Crunch: Airbnb takes a $1B loan
Airbnb takes on new debt as it adapts to a world without tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality. Here’s your Daily Crunch for April 15, 2020. 1. Airbnb ups its debt by $1B amid the coronavirus travel crunch Airbnb has secured commitments of…
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Small businesses are out of time, but COVID-19 aid comes with massive roadblocks
Lexi Reese Contributor Lexi Reese is the COO of Gusto, which provides payroll, benefits, compliance and HR to more than 100,000 small businesses across the U.S. She has spent her career advocating for small businesses at American Express, Google and Accion International. Just a few weeks ago, Seattle-based small business…
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Frame AI raises $6.3M Series A to help understand customers across channels
Frame AI, a New York City startup that uses artificial intelligence and machine learning to help companies understand their customers better across multiple channels, announced a $6.3 million Series A investment today. G20 Ventures and Greycroft led the round together. Bill Wiberg, co-founder and partner at G20, will join Frame’s…
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Setu raises $15M to help developers connect with banks to offer Indians ‘sachet-sized’ financial products
India’s push to digital payments in the last three years has seen tens of millions of people get comfortable with exchanging money online for the first time. A Bangalore-based startup that is attempting to bring a similar digitization to small businesses just got a nod from high profile investors. Setu,…
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India’s FarEye raises $25M to grow its logistics SaaS startup in international markets
More than 150 e-commerce and delivery companies globally use an Indian logistics startup’s service to work out the optimum way before they ship items to their customers. That startup, Noida-based FarEye, has raised $25 million in a new financing round as it looks to expand its footprint in international markets.…
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