Category: TC
Startups Weekly: What the E-Trade deal says about Robinhood
[Editor’s note: Want to get this weekly review of news that startups can use by email? Just subscribe here.] How well do Robinhood’s financials stack up against incumbent online brokerages? While we wait for the seven-year-old company’s long-planned IPO, Alex Wilhelm examined Morgan Stanley’s big $13 billion purchase of E-Trade for…
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Do phones need to fold?
As Samsung (re)unveiled its clamshell folding phone last week, I kept seeing the same question pop up amongst my social circles: why? I was wondering the same thing myself, to be honest. I’m not sure even Samsung knows; they’d win me over by the end, but only somewhat. The halfway-folded,…
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Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million
Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round of funding, according to the company. Led by Kaszek Ventures, the round will support the continued expansion of Ayenda’s chain…
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SpaceX said to be seeking around $250 million in funding, boosting valuation to roughly $36 billion
SpaceX is looking to raise around $250 million in new funding according to a new report from CNBC’s Michael Sheetz. The additional cash would bring SpaceX’s total valuation to around $36 billion, according to CNBC’s sources – an increase of more than $2.5 billion vs its most recently reported valuation.…
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Trump’s Election Day YouTube takeover plan feels very different in 2020
According to a report from Bloomberg, the Trump campaign called dibs on some of the most prized ad space online in the days leading up to the 2020 U.S. election. Starting in early November and continuing onto Election Day itself, the campaign will reportedly command YouTube’s masthead, the space at…
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Report: Outdoor Voices founder Tyler Haney is stepping down as CEO as growth slows
Tyler Haney, the founder and chief executive of activewear label Outdoor Voices, has stepped down, according to the Business of Fashion. We’ve reached out to Haney directly, as well as board members from the venture firms that have backed the company, including General Catalyst and Forerunner Ventures, and we hope…
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