Category: TC
Reddit CEO: TikTok is ‘fundamentally parasitic’
TikTok is one of the hottest social media platforms but the CEO of Reddit had some harsh words for the popular app, calling it “fundamentally parasitic” at an event Wednesday. The comments from Reddit CEO and co-founder Steve Huffman were some of the more controversial offered up during a panel…
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Founders Factory backs Creator Fund, student-led VC to back EU student startups
It seems like everyone wants student entrepreneurs. Entrepreneur First makes startups out of raw student material, for instance. Most countries want high-skilled students to stick around and make new companies. Only the UK likes to charge them a fortune for an education and then kick them out if they don’t…
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A look at Made Renovation, which just raised $9 million in seed funding to zero in on bathroom remodels
Made Renovation, a new, San Francisco-based company, thinks it has found a profitable way to help homeowners get done something that busy general contractors in the Bay Area won’t otherwise make time for, which is bathroom remodels. Why they typically pass on these: they have too many entire homes, or,…
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Hustle Fund’s Elizabeth Yin discusses 2020’s fundraising landscape
‘VCs have gotten quite scared, almost to a fault’ Alex Wilhelm 8 hours On the heels of her conversation-driving Twitter thread on 2020’s venture fundraising climate, Hustle Fund’s Elizabeth Yin converted her thoughts into an op-ed for TechCrunch. In keeping with her expansive thread, we asked her to adapt her…
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Outdoor Voices founder Tyler Haney says adios altogether to the company amid layoffs
Last week, the Business of Fashion broke the news that cofounder and CEO Tyler Haney was stepping down from her role as CEO of the activewear label, citing slowing growth for the company and reporting that mismanagement was one reason for executive turnover at the top of the organization. The…
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As Block exits, Salesforce forecasts it will surpass $20B in revenue in FY2021
When Keith Block joined Salesforce from Oracle in 2013, the CRM giant was already a successful SaaS vendor on a billion dollar quarterly revenue cadence. When the co-CEO announced he was stepping down yesterday, the company reported revenue of $4.9 billion for the quarter. During his tenure, the the company’s…
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