Sources: Mira Murati's Thinking Machines Lab is in early talks to raise funding at a ~$50B valuation, more than quadruple from July and could rise to $55B-$60B
Yeah, okay. — This bubble is running on fumes. Tim Kellogg / @timkellogg.me : i wish my blog posts paid that well [embedded post] Casey Newton / @caseynewton : If they hadn't released a product I th...
Sources: a16z expects to raise $6.5B to $7B for a master feeder fund by early April; 50% would go to its fourth growth fund and 10% to its second gaming fund
- Half would go to the firm's fourth growth fund, which would represent a significant size decline from its $5 billion predecessor. Threads: @crumbler . X: @alex Threads: Casey Newton / @crumbler : In...
Internal Brex data: Q3 annualized net revenue hit $283M, up 1% QoQ, and the company is far from profitable, as the growth spurt after SVB's collapse trails away
Mark Matousek / The Information : Bluesky: @caseynewton.bsky.social . X: @coryweinberg Bluesky: Casey Newton / @caseynewton.bsky.social : I wonder if looking back Brex would still decide to stop serv...
Chinese grocery delivery startup Missfresh tells employees it has run out of money; Missfresh was valued at $3B after raising ~$300M in its June 2021 IPO
Financial Times : Tweets: @johnaglionby , @robinwigg , @caseynewton , @ron_miller , and @muradahmed Tweets: John Aglionby / @johnaglionby : ‘Our operations are in big trouble’. Understatment of the y...
California-based Twingate, which offers zero-trust security tools for enterprise, raises a $42M Series B led by Bond Capital
Jay Fitzgerald / CRN : Tweets: @caseynewton Tweets: Casey Newton / @caseynewton : Not to be confused with Twinkgate, a huge scandal involving twinks https://twitter.com/...
Clubhouse has raised a Series C led by Andreessen Horowitz, with DST Global, Tiger Global, and Elad Gil participating
led by @AndrewChen at @a16z, w/ support from DST Global, Tiger Global, & Elad Gil 🙏 #CHTownhall https://www.joinclubhouse.com/ ... Nikitha Rai / @rotiandrye : I didn't see this until now. Apparently t...
Clubhouse raises Series B led by a16z, says it has 180+ investors, and will test options for paying creators and begin work on an Android app soon
When I first met Paul Davison, it took about 10 seconds to realize … Tae Kim / Bloomberg : Forget TikTok. Clubhouse Is Social Media's Next Star. Darrell Etherington / TechCrunch : Clubhouse announces ...
Profile of the note-taking startup Roam Research, which has raised $9M at $200M valuation from Patrick and John Collison, True Ventures, Lux Capital, others
The shift to remote work has buoyed the valuations of several startups making productivity tools. Tweets: @caseynewton , @roamhacker , @alex , @alex , @kateclarktweets , @sumanthr , @mg , @amir , @jgu...
Chili Piper raises $18M Series A led by Base10 Partners to grow its service that automatically schedules sales lead meetings
Chili Piper today announced it has raised $18 million to grow its sales platform for booking meetings and phone calls. With the fresh capital … Tweets: @caseynewton Tweets: Casey Newton / @caseynewto...
Sources: Quibi's projections from 2019 show the upcoming streaming service is expected to spend ~$1.5B in its first year; Quibi has raised $1.4B so far
oh... https://www.theinformation.com/ ... @cityofthetown @jtoonkel Gerry Smith / @gerryfsmith : “Many studio executives saw taking a stake in Quibi as a form of what they called “schmuck insurance.” h...