Category: venture capital
Don’t apply for a PPP loan unless your affiliation issues are resolved
Take a closer look at the protective covenants in your charter and investor agreements Wiliam Carleton 7 hours Wiliam Carleton Contributor Many presume that the SBA’s “affiliation” rules will prevent venture-backed startups from applying for loans under the Paycheck Protection Program (PPP) of the CARES Act. I think that’s unfortunate,…
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Bessemer’s Tess Hatch on the evolving aerospace market and COVID-19 adjustments
The aerospace market is evolving quickly and merging with other segments of tech, making it an exciting space for both startups and investors — but the complications of the global pandemic are being felt by both. Bessemer Venture Partners investor Tess Hatch has been helping guide companies in their portfolio…
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TechCrunch Live: Join USV Managing Director Albert Wenger for a live chat Thursday at 9am PDT
Startups big and small, across all industries, are affected by the novel coronavirus pandemic. From Etsy to MongoDB, from Twilio to Foursquare, these companies are looking for ways to capitalize and ultimately thrive in what has become a survivalist landscape. These companies also happen to be portfolio companies of one…
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How one European VC firm is reacting to the economic crisis
Public markets around the world have been tanking for the past few weeks, and many companies simply can’t operate during a lockdown. Sheltering in place has had some terrible economic consequences, with a record number of Americans getting laid off, including many startup employees. But what is happening in Europe?…
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This low-flying growth equity firm, with payments and logistics bets, just closed a $255 million fund
Activant Capital, a seven-year-old, Greenwich, Ct.-based growth equity firm that’s still making a name for itself, has managed to secure $255 million in fresh capital commitments, despite that the U.S. economy appears to be headed into a recession. It’s something of a coup for founder Steve Sarracino. It also begs…
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WeWork sues SoftBank in intensifying crisis over canceled $3B tender offer
Just days after SoftBank announced that it would not consummate its $3 billion tender offer for WeWork shares that would have bought out some of the equity held by the company’s co-founder Adam Neumann along with venture capital firms like Benchmark and many individual company employees, the company is now…
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