Category: TC
Los Angeles-based SureSale is developing an independent certification service for used cars
Donny Hall, the chief executive and co-founder of the used car certification service, SureSale, knows used cars. The serial entrepreneur built and sold a previous business which was designed CarSure, an insurance plan for vehicle repairs. After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his…
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As its fundraising lags, SoftBank’s second Vision Fund could be near-sighted
SoftBank, the technology conglomerate that transformed the venture capital industry and made waves in the technology world with its $100 billion Vision Fund, may not be able to repeat the performance or sustain its revolutionary approach to tech investing, The Wall Street Journal reports. According to the Journal, SoftBank may…
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Catching up with B Capital, the fast-growing firm founded by Eduardo Saverin and Raj Ganguly
B Capital Group, formed in in 2015 by Facebook cofounder Eduardo Saverin and Raj Ganguly, formerly of Bain Capital, has been quietly building its business since closing its first fund with $360 million in capital commitments, anchored by the management consulting giant Boston Consulting Group. Already the firm, which is…
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CCPA won’t be enough to fix tech’s data entitlement problem
Fredrick Lee Contributor Fredrick “Flee” Lee is chief information security officer at Gusto, the people platform for 100,000 small businesses nationwide. He previously led security at Square after holding senior security roles at Bank of America, Twilio and NetSuite. When the California Consumer Privacy Act (CCPA) rolled out on January…
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3 unicorn takeaways from the Casper and One Medical IPOs
With Casper’s public offering earlier this week, we’ve closed the book on the first two venture-backed IPOs of note in 2020. Casper, joined by One Medical, carried over $870 million of private capital, venture and otherwise, across the finish line. Even though each IPO featured an unprofitable tech-enabled business that…
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ACLU says it’ll fight DHS efforts to use app locations for deportations
The American Civil Liberties Union plans to fight newly revealed practices by the Department of Homeland Security which used commercially available cell phone location data to track suspected illegal immigrants. “DHS should not be accessing our location information without a warrant, regardless whether they obtain it by paying or for…
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