forbes News of 04/01/20
Silicon Valley VC 7bc Capital Expands In Europe, Recruits First Venture Partner
Silicon Valley VC 7BC Venture Capital has decided to make an incursion into Europe, recruiting its first venture partner in the UK. Monty Munford was previously a freelance journalist, conference speaker and columnist contributing to Forbes, The ...
Bodega, Once Dubbed ‘America’S Most Hated Startup,’ Has Quietly Raised Millions
2What’s in a name? More than two years ago, Fast Company published a story with the headline “ Two Ex-Googlers Want To Make Bodegas And Mom-And-Pop Corner Stores Obsolete .” The focus of the story was a nascent startup by the name of ...
Readying An IPO, Postmates Secures $225m From Private Equity Firm GPI Capital
Postmates , the popular food delivery service, has raised another $225 million at a valuation of $2.4 billion ahead of an imminent initial public offering, the company confirmed to TechCrunch on Thursday. Private equity firm GPI Capital has led the ...
Bumble Chief Responds To Reports Of Misconduct At Parent Company
Following an extensive report in Forbes about Bumble’s parent company and its billionaire founder Andrey Andreev, the female-first dating app’s founder Whitney Wolfe Herd has issued a statement. While Wolfe Herd says she was ...
Higher Ground Labs Is Betting Tech Can Help Sway The 2020 Elections For Democrats
When Shomik Dutta and Betsy Hoover first met in 2007, he was coordinating fundraising and get-out-the-vote efforts for Barack Obama’s first presidential campaign and she was a deputy field director for the campaign. Over the next two ...
Startups Weekly: US Companies Raised $30b In q1 2019
Let’s start this week’s newsletter with some data. Nationally, startups pulled in $30.8 billion in the first quarter of 2019, up 22 percent year-on-year, according to Crunchbase’s latest deal round-up. A closer look at the numbers ...
The Definitive Patreon Reading Guide
At nearly six years old, Patreon has gone from startup to king of membership. Now an established leader in an industry that’s been flipped on its head, Patreon’s path has been anything but predictable — peppered with its share of ...
Lightspeed Hires 5 New Partners From Slack, Twitter And More
Lightspeed Venture Partners, one of the best-performing VC firms in Silicon Valley, is closing out 2018 with a slew of new hires. The firm has brought on five additional investing partners: Jana Messerschmidt, Ashley Brasier, Merci Victoria ...
China’S ByteDance Leapfrogs Uber To Becomes World’S Most Valuable Startup
Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that ...