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Want to take a road trip with Kevin Costner? Investors are betting you will

5 years 6 months ago
Woody Sears has long been interested in storytelling. Following the debut in 2007 of the first iPhone, he founded a storytelling app called Zuuka that built up a library of narrated and illustrated kids’ books for the iPhone and iPad. Sears later sold that company to a small New York-based outfit. But Sears, who is […]
Connie Loizos

Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise

5 years 6 months ago
Cross-border payments startup dLocal has raised $150 million at a $5 billion valuation, less than seven months after securing $200 million at a $1.2 billion valuation. This means that the five-year-old Uruguayan company has effectively quadrupled its valuation in a matter of months. Alkeon Capital led the latest round, which also included participation from BOND, […]
Mary Ann Azevedo

Apple expands Apple Arcade with classic App Store games

5 years 6 months ago
Apple has announced an expansion for its subscription gaming service Apple Arcade. In addition to exclusive game releases, the company is adding two new categories — Timeless Classics and App Store Greats. In the “App Store Greats” category, you can find some well-known iPhone games that have been released over the past decade, such as […]
Romain Dillet

Clubhouse will create billions in value and capture none of it

5 years 6 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. It was a busy week on the IPO front, Danny was buried in getting the Tonal EC-1 out, and Natasha took some time off. But the […]
Natasha Mascarenhas

Backflip offers an easier way to turn used electronics into cold, hard cash

5 years 6 months ago
Mike Barile spent two years and racked up nearly $20,000 in credit card debt to bring his first startup, Backflip, to life. The former management consultant had spent years toiling in the startup grind, first at Uber, then, after taking a coding academy bootcamp through AppAcademy (where Barile met his co-founder, Adam Foosaner), at Google […]
Jonathan Shieber

Don’t miss the Pitch-Off today at TC Early Stage 2021

5 years 6 months ago
Ten global startups, three rounds of pitching, nine expert judges. It’s not the 12 Days of Startups (no robotic partridge in a pear tree here), it’s the TC Early Stage Pitch-Off — otherwise known as day two of TC Early Stage 2021: Operations & Fundraising. Yesterday on day one, TC Early Stage was all about […]
Alexandra Ames

Daily Crunch: Tiger Global raises one of the biggest venture funds ever

5 years 6 months ago
Tiger Global closes a $6.65 billion fund, Facebook gives users more tools to encourage COVID vaccination and iPhone app spending continues to grow. This is your Daily Crunch for April 1, 2021. The big story: Tiger Global raises one of the biggest venture funds ever Investment giant Tiger Global had already announced that it was […]
Anthony Ha

Microsoft outage knocks sites and services offline

5 years 6 months ago
Microsoft stumbled back online Thursday after an hours-long outage in the middle of the U.S. west coast working afternoon. Besides its homepage, Microsoft’s Xbox and Office services went down, log-in pages didn’t load, and the company’s status pages were also knocked offline by the outage. Worse, Microsoft’s cloud service Azure also fell offline, causing outages […]
Zack Whittaker

Coinbase to direct list on April 14th, provide financial update on April 6th

5 years 6 months ago
Today Coinbase, an American cryptocurrency trading platform and software company, said that it will begin to trade via a direct listing on April 14th. In a separate release the company also said that it will provide a financial update on April 6th, after the close of trading. Coinbase’s impending public debut comes at an interesting […]
Alex Wilhelm

Compass CEO hails IPO as a fundraising event amid ‘challenging’ market

5 years 6 months ago
While several tech companies are opting to delay their IPOs in the face of less-than-enthusiastic market demand for their shares, real estate tech company Compass forged ahead and went public today. After pricing its shares at $18 apiece last night, the low end of a lowered IPO price range, Compass shares closed the day up just […]
Alex Wilhelm

Gillmor Gang: ZoomHouse

5 years 6 months ago
I use Feedly to work my way through each day’s stream of politics, tech and media stories. Today, I am greeted with a picture of something called Feedly Cloud and the following message: Scheduled Maintenance Feedly will be back in less than 30 minutes. Sixty minutes later, it still says that. Feedly is built on […]
Steve Gillmor

Tiger Global just closed one of the biggest venture funds ever, with $6.7 billion

5 years 6 months ago
If you watch funding announcements as we do, you may have noticed something this year. There are a lot of mega-rounds coming together, and Tiger Global is involved in a notable number of them, often as the round’s co-lead. Just this week alone, half a dozen companies have announced rounds that the New York-based investing […]
Connie Loizos
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