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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Maybe it’s the fact that “Succession” is back next week, or maybe it’s the fact that Silicon Valley just experienced its first banking crisis, but…
But there are reasons to be optimistic we’ll get a good crop of public offerings Alex Wilhelm 7 hours The IPO market thus far in 2023 has been a goose egg, and we probably won’t get any interesting IPOs for another quarter or two. This is incredibly sad for your friendly, local TechCrunch+ reporting crew…
Read More “To my infinite chagrin, we’re probably not getting tech IPO” »
Good morning, Exchange crew! This installment will be brief because I have to finish prepping for today’s TechCrunch Live with Arianna Huffington of Thrive Global and Mamoon Hamid of Kleiner Perkins. Since we scheduled the conversation, a few things have happened, so I need to retool my notes and questions. The Exchange explores startups, markets…
Perhaps aggressive, multi-stage investing was a quirk of low interest rates Alex Wilhelm 7 hours Amid the Silicon Valley Bank-led chaos of the last few days, Y Combinator made an intriguing announcement: It’s pivoting away from late-stage investing. It won’t be the last venture group to pull back from an expansion of its traditional investing…
Read More “Rising interest rates are putting VCs back in their lanes” »
But early-stage startups could face the most headwinds Alex Wilhelm 11 hours If you read the startup press, you might think that everyone in tech is still nursing a stiff hangover from the zenith of the 2021 boom. While there is much talk of cutting spending, conserving capital, trimming staff and hunkering down, there’s also…
Read More “The sky isn’t falling for cloud software spend” »
Are you tired of bad news for startups? Bored of the layoffs, budget cuts, and sermons from folks who suddenly discovered the efficiency gospel? Well, how about some good news? I have some for you: Software valuations staged a modest comeback this year. When we refer to startups, we generally mean tech-focused upstart companies. Sure,…
Read More “Valuation pressure on software startups is easing” »
Shifting investor priorities, more expensive cash and a dearth of the large deals that were so common during the last startup boom could leave many late-stage web3 companies short on cash. And the clock is ticking. People are already memeing that venture capitalists have pivoted from crypto to AI, hunting, as they’re wont to, for…
Read More “Does web3 need a venture bailout now that AI has all the hy” »
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. First off, hello to all the new Startups Weekly subscribers who joined us after last week’s newsletter. I’m glad we all still resonate with a comeback…
Read More “AI’s hype isn’t going to be simply star-studded ” »
Demonstrating operating leverage is not enough in a conservative market Alex Wilhelm 9 hours It’s a busy week for technology earnings, with companies including Coinbase, Alibaba and Etsy dropping numbers detailing their recent performance. Unity is in the mix as well, providing the investing public with its first set of numbers since it closed its…
Read More “Unity’s earnings show just how hard it is to earn a 10x sof” »
Startups hoping to raise a nine-figure round in the future had best temper their ambition; venture funding events worth $100 million or more are going extinct — quickly. A few years back, nine-figure venture funding events were common. So much so that during my Crunchbase News days, we started to call them “supergiant” rounds to…
