Benchmark hires Jack Altman, the founder of Alt Capital and Lattice, as its fifth general partner; three Alt Capital team members will join him at Benchmark
Benchmark on Tuesday said it had hired Jack Altman, the founder of early-stage firm Alt Capital and HR software company Lattice, as its fifth general partner.
Benchmark hires Jack Altman, the founder of Alt Capital and Lattice, as its fifth general partner; three Alt Capital team members will join him at Benchmark
Benchmark on Tuesday said it had hired Jack Altman, the founder of early-stage firm Alt Capital and HR software company Lattice, as its fifth general partner.
Source: Benchmark's 2020 fund is now worth 10x+ and 2024 fund is 3x what investors put in, based on cash distributions and the paper value of its investments
Natasha Mascarenhas /Bloomberg:
Pave, which analyzes HR data to help companies close pay and equity gaps, raised a $100M Series C at a $1.6B valuation and acquires rival Option Impact
Allison Levitsky / Protocol :
Pilot, which helps SMBs outsource accounting tasks like payroll, raises $100M Series C led by Bezos Expeditions and Whale Rock Capital, at a valuation of $1.2B
now Jeff Bezos is leading a new round in his company, @PilotHQ, at a $1.2B valuation. We're excited to be investing again alongside @sequoia and others. https://www.cnbc.com/... Ka...
Pilot, an automated accounting service for SMBs and startups, raises $60M Series C led by Sequoia, bringing its total funding to $120M
Visa is abandoning its $5.3B planned acquisition of fintech firm Plaid after the DOJ sued over antitrust concerns in November
Justice Department sued in November to challenge $5.3 billion deal — Visa Inc. is abandoning its $5.3 billion planned acquisition of Plaid Inc. …
In email to staff, Uber CEO says it will “deprioritize” its finance-related projects, including Uber Money, as the head of its financial products quits
Uber Technologies Inc.'s financial services leader Peter Hazlehurst is calling it quits as the ride-hailing giant focuses …
Index Ventures announces it has closed $2B in new funds, with plans to use $1.2B for growth rounds and $800M for emerging startups
Ingrid Lunden / TechCrunch :
Visa is buying Plaid, which helps popular fintech apps connect to users' bank accounts, for $5.3B
- Visa is buying Plaid in a deal worth $5.3 billion — roughly double the start-up's last private valuation. — Plaid's API software lets start-ups connect to users' bank accounts a...