Chinese smartphone maker Xiaomi is the latest to be added to the Trump Administration’s military blacklist. On Thursday, the Department of Defense added nine more companies to its list of alleged Chinese military companies, including Xiaomi. Xiaomi was the world’s third-largest smartphone maker as of Q3 last year, coming ahead […]
As expected, shares of Poshmark exploded this morning, blasting over 130% higher in afternoon trading from the company’s above-range IPO price of $42. The enormous and noisy debut of Poshmark comes a day after Affirm, another IPO, was treated similarly by the public markets. Both explosive debuts were preceded by […]
Samsung lowers prices with its latest Galaxy S phones, Google completes its Fitbit acquisition and Beyond Meat is coming to Taco Bell. This is your Daily Crunch for January 14, 2021. The big story: Samsung unveils Galaxy S21 line Samsung’s new line of phones includes the S21, S21+ and S21 […]
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. This week we — Natasha and Danny and Alex and Grace — had a lot to get through, as the news volume in early 2021 has been rapid and serious. Sadly this means that […]
Capsule, a video Q&A platform aimed at brands, emerged last year in direct response to the challenges companies were facing in terms of reaching consumers during the pandemic. Now, the business has closed on $2 million in pre-seed funding. The round was led by Array Ventures and included participation from Bloomberg […]
David Teten Contributor Share on Twitter David Teten is founder of Versatile VC and writes periodically at teten.com and @dteten. More posts by this contributor Flexible VC: A new model for startups targeting profitability In the future, everyone will be famous for 15 followers Jamie Finney Contributor Jamie Finney is […]
Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch […]
According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners XIV that it expects to close in March. The fund is Tiger Global’s thirteenth venture fund, despite its title — […]
It’s official. 2020 was one of the warmest years on record, either edging out or coming in just behind 2016 for the warmest year in recorded history according to data from U.S. government agencies (The National Aeronautics and Space Administration had the year just tied with 2016, while the National […]
Consumer hardware has always been a tough market to crack, but the COVID-19 crisis made it even harder. TechCrunch surveyed five key investors who touch different aspects of the consumer electronics industry, based on our TechCrunch List of top VCs recommended by founders, along with other sources. We asked these […]