Startup accelerator Y Combinator is fast-tracking funding for startups...
Y Combinator, the prestigious startup accelerator responsible for megahit startups like Airbnb, Dropbox, and Brex, has leaped into the race to fight the coronavirus outbreak. On Wednesday, the...
View ArticleThe firm behind the UK's coronavirus volunteer scheme faces questions over...
GoodSAM has helped recruit more than 650,000 volunteers in the UK as part of nationwide effort tackle COVID-19.At the time of writing, there were over 11,000 confirmed cases of the novel coronavirus in...
View ArticleOne of Silicon Valley's most prolific seed investors says VCs don't have the...
Venture capitalist Semil Shah says a founder's relationships matter more than ever in a work from home era.As investors adjust to a new normal, they might not have "the mental headspace" to build a...
View Article'It was my decision': TripActions CEO said it's slashing benefits, closing...
The $4 billion corporate travel startup TripActions is making several cuts in addition to laying off employees in an effort to outlast the global halt to travel, cofounder and CEO Ariel Cohen told...
View ArticleAirbnb is freezing marketing spending and slowing hiring as losses reportedly...
Airbnb has halted most teams to freeze hiring for the foreseeable future, according to a report in The Information on Friday.Technical and essential roles are still open and moving through the process...
View ArticleThe $2 trillion stimulus law could leave startups out in the cold. Here's why...
While the new coronavirus-spurred stimulus law offers help to all kinds of companies, startups may be barred from tapping into one of its more generous provisions.The law sets aside some $350 billion...
View ArticleElectric scooter startup Bird has laid off 30% of the company in a scramble...
Scooter startup Bird cut almost a third of its workforce in an online call on Friday morning, as the cash-guzzling startup prepares for the 'black swan' event to dry up funding. "Due to the financial...
View ArticleLanguage lesson marketplace Preply closed $10 million just before COVID-19...
Language learning marketplace Preply has raised $10 million in funding, as it sees demand spike 50% for language tutors amid COVID-19 lockdowns.Preply pairs anyone looking to brush up their language...
View Article'The world has changed': One-third of investors pulled UK seed deals this...
One-third of investors pulled out of UK seed-funding rounds in March amid the looming threat of a recession driven by the coronavirus pandemic. UK Chancellor Rishi Sunak has been accused of leading...
View ArticleDoctor-staffing startups boom in usage as healthcare systems scramble to...
Health-tech startups that help healthcare workers find shifts have boomed as the UK rallies medical professionals to cope with the coronavirus pandemic. Locum's Nest, a UK app that helps connect...
View ArticleVCs say that they're waiting for the 'new normal' before making big new...
VCs are preparing themselves for "a new normal" as the coronavirus outbreak continues to push people into quarantine and batter markets. Deal flow, which has already dropped 12% in the first quarter...
View ArticleA Slack investor predicts that any productivity startup that doesn't become a...
Index Ventures partner Sarah Cannon said that enterprise and productivity startups may not be able to weather an upcoming economic downturn — despite the current hype around remote-work tools like...
View ArticleSheryl Sandberg joined Facebook when it was a startup, just months before the...
Facebook COO Sheryl Sandberg has been with the company for over 10 years — she started in March 2008, just before the financial crisis hit.At the time, Facebook was still in startup mode, and the...
View ArticleStatewide shutdowns to contain the coronavirus have ramped up the pressure on...
Online grocery startups have experienced a massive influx of customer growth as statewide lockdowns and social-distancing measures have turned their services from convenient to essential— a bright spot...
View ArticleAirbnb's hosts aren't impressed with the company's $260 million package to...
Property managers who list accommodations on Airbnb weren't overly impressed with the plan the company announced Monday to help them out.The $250 million fund the company set up to reimburse hosts for...
View ArticleSoftBank is backing out of its plan to buy $3 billion worth of WeWork shares,...
SoftBank is abandoning its plan to buy $3 billion worth of WeWork shares from other investors and employees, including some $970 million worth from the company cofounder Adam Neumann.The move most...
View ArticleHouseparty says many of the original Twitter posts spreading rumors it got...
Popular group calling app Houseparty is sticking to its belief that it's the subject of a paid smear campaign that is spreading rumours the app has been hacked. The company says it has discovered the...
View ArticleA startup that helps companies organize data just closed a $112.5 million...
Companies are struggling to organize and use their stored data to power new, AI-based applications. So many are turning to vendors like Collibra. On Thursday, Collibra announced it had raised $112.5...
View ArticleHow to figure out if your startup qualifies for coronavirus relief funding —...
Venture-backed startups could get very little of the $349 billion earmarked for small businesses struggling to keep workers and remain open during the coronavirus crisis. If another company or investor...
View ArticleThe CEO of hot Silicon Valley startup Notion tells us how he just raised $50...
Hot Silicon Valley startup Notion shocked the tech world yesterday when it announced it had raised $50 million at a $2 billion valuation on Wednesday, in the middle of the pandemic that is causing mass...
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