For many tech companies, investors are applying a new valuation method that has caught our eye: AI proficiency. The current wave of AI hype has two main flavors that I’m interested in. First, the struggle between tech titans to create, or at least invest in and support, the latest and greatest in intelligent computing services. […]readmore
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. It’s too early to fully anticipate all of the consequences of Silicon Valley Bank’s collapse. But there is one prediction I am ready […]readmore
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 […]readmore
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 who love an S-1 more than anything else. The good news is that when we do get the IPO […]readmore
The comedown from the venture capital boom of 2021 has shaken up much of the startup world, but the dearth of capital has shown up sharply in one particular niche: fintech. CB Insights data indicates that after reaching a peak in 2021, funding to fintech startups across the world dropped a drastic 46% to $75.2 […]readmore
Yesterday morning, we had an inkling that the market was concerned about Silicon Valley Bank when its stock started dipping right after market open in reaction to the financial institution announcing late on Wednesday a share sale, an asset sale and an increase in its term borrowing. This column, after summarizing SVB’s financial moves and […]readmore
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 quite a lot of good news out there. New data from Battery, […]readmore
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, […]readmore
Substack, a publishing platform known for its newsletter service, announced this week that it had crossed the 2 million paid subscription mark. Given the wealth of historical data we have concerning the growth of paid subscribers at Substack, the number got our attention. Substack’s simple business model also makes it possible to generate a few […]readmore
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 […]readmore
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Talking to Storj about its new version made me curious about decentralized storage. On the one hand, there are factors that could help […]readmore
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 […]readmore