Industry News

Ramp CEO says the fintech startup is just scratching the surface

Fintech exploded over the last five years. Startups in the category raised more than $350 billion in VC funding from 2019 through 2023, according to data from CB Insights. Despite all that growth, Eric Glyman, the co-founder and CEO of Ramp, thinks that the industry, and companies like his, are just scratching the surface. Glyman […]

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Ethos Fund closes first fund to invest in founders bridging US and Vietnamese tech ecosystems

The five-person firm is one of the few, if not the only, funds focused exclusively on strengthening opportunities between these two countries.

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LACERA decreases venture capital allocation range, but experts say it doesn’t signal a trend

The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capital at a March 13 meeting. The board of investments voted to decrease its allocation range to venture capital and growth equity from between 15% and 30% of the pension system’s private equity portfolio, to between 5% and 25%. […]

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Late-stage VCs may be preventing their startups from going public in 2024

While some investors are loudly bemoaning that the IPO window can’t stay shut forever, other VCs themselves are actually part of the problem. A lot of standard VC deal terms give investors the ability to block an IPO or acquisition if they didn’t think the timing or price was right, Eric Weiner, a partner at […]

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LinkedIn wants a piece of Wordle’s success

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Monday show, in which we take a look back at the weekend and what’s ahead in the week. We’re coming to the end of earnings season, which means that there […]

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Poseidona is removing invasive algae from oceans and turning it into food

Poseidona is a Barcelona-based developer of sustainable food technology. It takes invasive seaweed and algal side-streams to make proteins. In this case, it’s a soy protein alternative.

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VC Arjun Sethi talks a big game about selling his company-picking strategies to other investors; he says they’re buying it

Arjun Sethi speaks with the confidence of someone who knows more than other people, or at least knows that sounding highly confident can shape perception. Either way, when he tells me over Zoom that “in five years, I’ll have 50% of the world’s private data” at his fingertips, and that it will be “impossible to […]

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Griffin Bank has a license to thrill

Welcome to TechCrunch Fintech (formerly The Interchange)! I’m filling in for Mary Ann, who is on a much deserved break. This week, we look at Griffin Bank getting its license ahead of some heavy hitters, and we go inside Stripe’s annual letter, some funding rounds, and more! The big story A top story for this […]

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How to avoid all the IPO work without annoying investors

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Equity turns 7 years old this week, so in honor of its birthday, drop us a review? More reviews helps more folks discover the show, and […]

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Abu Dhabi’s ADIA explores investment in India’s Pocket FM, sources say

Abu Dhabi’s sovereign wealth fund ADIA is in talks to back Pocket FM in a large new round of funding, two sources familiar with the matter told TechCrunch, as the Indian audio-storytelling platform makes deeper inroads in the U.S. The talks for the new round, which have been ongoing for more than a month, follow […]

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