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As remote work booms, Slack stumbles

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As COVID-19 continues to change how many workers and students approach their daily labors, demand for some remote work friendly products...

Tech stocks follow the market lower as Uber and Lyft drop sharply

Stocks listed on American exchanges today fell sharply, erasing their Tuesday rebound and adding to their Monday declines. On a day that saw the World Health Organization declare that the spread of COVID-19 has officially become a pandemic, with 4,000...

Oyo layoffs, Airbnb’s delayed IPO and the long-term quandary of investing in travel startups

It’s the best and worst of times for travel startups. Massive growth over the past few decades has made tourism one of the big global industries, covering everything from recreation to business conferences to shopping sprees. But doubts about the future...

RTP Global outs new $650M early-stage fund to back tech in US, Europe, India and South-East Asia

RTP Global, the VC firm founded by Russian entrepreneur and investor Leonid Boguslavsky, is announcing a new $650 million fund to continue backing early-stage tech startups, primarily at Series A but also some late seed deals and Series B. Of...

Unpacking Procore’s S-1 filing

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re in for a treat, as we get to dig into Procore’s S-1 filing. In case you aren’t familiar,...

SaaS earnings bump Dropbox, Box and Sprout Social

A quick hit as we have a podcast to record, but a few public companies in the broader SaaS market reported earnings in the past week. Their results are worth unpacking as they paint a good picture of what...

Daily Crunch: DoorDash files to go public

DoorDash prepares to go public, Roblox raises $150 million and Reddit’s CEO takes aim at TikTok. Here’s your Daily Crunch for February 27, 2020. 1. DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an...

New York’s BounceX reaches $100M ARR, rebrands

Welcome to the $100 million ARR club, BounceX. This morning (evening, timezone depending), BounceX, a New York-based marketing technology startup, announced that it has reached the $100 million annual recurring revenue (ARR) threshold, adding its name to our running...

Most tech companies aren’t WeWork

Shin Kim Contributor Share on Twitter Shin Kim is working on a new SaaS startup and is also chief of staff to entrepreneur Elad Gil . Previously, Shin was at Oak Hill Capital and J.P. Morgan and earned a Master’s in EECS...

Goldman Sachs says it won’t take startups public without at least one ‘diverse’ director (but it could have gone further)

Some of the biggest banks in the United States are among the most powerful institutions in the world. But like every incumbent, they still have to hustle to stay relevant. Morgan Stanley has increasingly gotten behind investors who say...
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China to honor the dead with anti-aircraft sirens at saddest Qingming festival

China to honour the dead with anti-aircraft sirens at saddest Qingming festival A moment in which it is disinfected in...
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Shorts, the bet of Youtube to end the success of TikTok

Shorts, the bet of Youtube to end the success of TikTok TikTok is one of the most downloaded applications in 2019 and also this year,...

Mexican scientists develop microchip for quick and cheap tests of coronavirus

Mexican scientists develop microchip for quick and cheap tests of coronavirus The device created by Mexicans would determine in less than an hour whether or...

Identify page offering fake Netflix memberships for quarantine

Identify page offering fake Netflix memberships for quarantine Users were forced to enter a league that supposedly gave free access to the platform's catalogue The quarantine...

Google Play prepares to offer ‘free’ movies and series

Google Play prepares to offer 'free' movies and series Google Play Movies & TV could make an extensive catalogue of movies, series and television show...