Airbnb employees chipped in $1 million from their own pockets to help...
Airbnb employees thought that 2020 would be a time of celebration for them as the short-term rental startup was expected to go public in one of the most anticipated IPOs of the year.Instead they found...
View ArticleInstagram founder Kevin Systrom once reportedly saved Ashton Kutcher's life...
Ashton Kutcher was once reportedly saved by Instagram founder Kevin Systrom after a ski house they were staying at went up in flames.That's according to Bloomberg reporter Sarah Frier's new book, "No...
View ArticleThe UK has greenlit a $300 million package to try to save thousands of...
The UK government plans to launch a £500 million coinvestment fund for startups struggling to survive COVID-19.Half that cash will be government money issued via convertible notes, with the private...
View ArticleWe got an exclusive look at the pitch deck buzzy tech startup Alan used to...
Buzzy french health insurance startup Alan has raised $54 million from Index Ventures and Temasek. The Series C funding takes the company's total funding to €125 million ($136 million) and will be used...
View ArticleA sports startup CEO explains how he's cutting costs and retooling his...
Yasin Abbak is the CEO of Fantasy Life, a sports startup cofounded by personality Matthew Berry that provides breaking-news alerts and sports information to gamblers and fantasy-sports players.The...
View ArticleInstagram only had 13 employees when it was bought by Facebook for $1...
When Instagram was bought by Facebook in 2012, it only had 13 employees — including founders Kevin Systrom and Mike Krieger.While many of the early employees are still at Instagram, several have gone...
View ArticleMarc Andreessen's essay on building things overlooks a key point, according...
Marc Andreessen wrote an essay arguing that America's failed response to the coronavirus pandemic is due to the country's "widespread inability to build."According to Andrew Yang, the former...
View ArticleA Silicon Valley lawyer who works on tech offerings thinks the IPO window...
Startups hoping to go public could have a window of opportunity in September and October, assuming the economy and markets, upturned by the coronavirus crisis, have stabilized by then, said Rick Kline,...
View ArticleThe CEO of $1.8 billion fintech Airwallex talks us through its $160 million...
Melbourne-based payment business Airwallex raised $160 million from investors including ANZi Ventures, Salesforce Ventures, and existing investors DST Global, Tencent, and Sequoia Capital China during...
View ArticleWe got an exclusive look at the pitch deck security firm ForgeRock used to...
Security startup ForgeRock raised almost $100 million in a Series E funding round – just as a global pandemic took hold. COVID-19 has boosted demand for ID verification solutions around the world, with...
View Article'S*** hit the fan': ForgeRock's CEO told us what it was like closing nearly...
Security and ID verification startup ForgeRock raised $93 million in a Series E funding round – just as a global pandemic took hold. COVID-19 has boosted demand for identity solutions around the world,...
View ArticleFemale founders get just 1% of VC funding. Now 30 startup investors will hold...
UK venture capital firm Playfair Capital and national entrepreneurs' network Tech Nation are launching virtual office hours for British female founders with 30 early-stage investors. The pair plan to...
View ArticleThe coronavirus pandemic could 'accelerate' UiPath's plans to go public....
Startups are struggling during the coronavirus as outside funding becomes harder to get. But business at buzzy startup UiPath is booming. And the crisis could actually accelerate the timeline for the...
View ArticleCash is nice in a crisis, but Netflix is stockpiling content (NFLX, SNAP)
Hi everyone, welcome back to Trending, Business Insider Prime's weekly newsletter of the latest tech industry developments.I'm Alexei Oreskovic, Business Insider's West Coast bureau chief and global...
View ArticleWe got an exclusive look at the pitch deck that enterprise AI startup Peak...
Manchester, UK-based AI startup Peak has raised a $12 million Series A from MMC Ventures and Praetura Ventures. Peak brings together components across enterprise AI into a single SaaS product for...
View ArticleA 3-time CFO just raised $1.5 million for her first startup. Here's how she...
Compt, a startup that manages and provides employee perks, just raised $1.5 million in seed funding from Harlem Capital Partners, Impellent Ventures, and Slack.Founder and CEO Amy Spurling told...
View ArticleAt the very onset of the pandemic, one Silicon Valley VC firm began triaging...
Duncan Davidson and his colleagues at Bullpen Capital recognized early on that the coronavirus outbreak could cause major business disruptions for their venture firm's startups.Bullpen has gone through...
View ArticleHR startup Zenefits laid off 15% of its employees because of the pandemic
HR startup Zenefits has laid off 15% of its staff.It's the latest example of how the COVID-19 crisis is sparking job losses in Silicon Valley. In an email to staff, the CEO said "we've had to re-think,...
View ArticleVenture capital investors say deals are in danger of unraveling in the midst...
Venture capital investors say founders should be concerned about deals falling apart in a pandemic.A term sheet is not a legally binding document, so investors are acting within their rights to cancel...
View ArticleStartup layoffs are fast approaching the 30,000 milestone, according to a...
Startup layoffs are hurtling toward the 30,000 milestone, as shelter-in-place directives and social distancing measures have hit startups with particular ferocity. Business Insider caught up with Roger...
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