uipath UiPath and Databricks Reach $63 Billion Valuation Ahead of Direct Listings UiPath and Databricks secure massive late-stage funding rounds that push their combined valuation past $60 billion. Both enterprise software giants plan to bypass traditional IPOs in favor of direct listings this year.
robinhood Robinhood Secures $1 Billion Emergency Funding Amid Trading Frenzy Robinhood raises $1 billion from existing investors to meet regulatory requirements following a surge in user trading activity. The SEC simultaneously warns that extreme stock price volatility threatens to undermine market confidence.
vcs VCs and Founders Clash Over 2021 Startup Outlook Venture capitalists and startup founders hold sharply different views on what the year holds for fundraising, hiring, and market conditions.
israel Israeli Investors Predict Record Growth Beyond Cybersecurity Israeli venture capitalists report strong momentum following a record-breaking 2020 for startup funding and IPOs, pointing to emerging sectors like AI, fintech, and biotech as the next major drivers of growth.
c3.ai C3.ai Targets Over $3 Billion Valuation Despite Stalling Revenue Growth Enterprise AI company C3.ai sets an initial IPO price range of $31 to $34 per share, targeting a valuation over $3 billion. This ambitious pricing occurs despite the company reporting nearly flat revenue growth in recent quarters.
ipo Five Tech Unicorns Cap Off Record 2020 IPO Wave Airbnb, Affirm, C3.ai, Roblox, and Wish officially file for IPOs to close out a historic year for public offerings. The wave signals a broader shift in how tech companies approach going public.
enterprise Greylock Investor Asheem Chandna Explores Future of Enterprise and Cybersecurity Startups TechCrunch hosts an Extra Crunch Live session with Greylock's Asheem Chandna to discuss the rapidly evolving enterprise and cybersecurity startup landscapes.
wall street Wall Street's Tech Fever Breaks as Major Stocks Suffer Weekly Decline After months of public market valuations outpacing private investor expectations, a major selloff hits big tech and SaaS stocks. This sudden shift potentially threatens the high startup valuations that venture capitalists recently feel forced to accept.
techcrunch Five Startups Compete for $100,000 Prize at Virtual Disrupt 2020 TechCrunch reveals the five finalists for its remotely hosted Startup Battlefield competition. These innovative companies now face a final round of judging for an equity-free $100,000 cash prize.
snowflake Snowflake IPO Delivers Historic $12.6 Billion Windfall for Sutter Hill Ventures Venture capital firm Sutter Hill Ventures holds a massive $12.6 billion stake in Snowflake after the cloud data company's blockbuster IPO. The incredible return stems from an initial investment of less than $200 million by managing director Mike Speiser.
snowflake Snowflake IPO Targets $24B Valuation With Unusual Berkshire Backing Cloud data warehouse Snowflake sets an initial IPO price range of $75 to $85 per share, aiming for a valuation up to $23.7 billion. Notably, both Salesforce and Warren Buffett's Berkshire Hathaway commit to major private placements ahead of the public debut.
no-code Accel Builds a No-Code Investment Thesis Driven by Growing Market Demand Venture firm Accel discovers a pattern of no-code startup investments as businesses seek solutions to bridge the gap between non-technical needs and limited engineering resources. The firm's thesis evolves organically from early successes like Webflow to a broader global strategy.
france France Pledges $8.4 Billion Toward Digital Sector in Economic Recovery Plan The French government unveils a $120 billion stimulus package that includes $8.4 billion dedicated specifically to digital investments, startup funding, and technological infrastructure over the next two years.
intel Intel Capital President Wendell Brooks Resigns After Five Years Wendell Brooks steps down from his role leading Intel's investment arm after a five-year tenure. Anthony Lin takes over as interim president while the company searches for a permanent replacement.
discord Chat Platform Discord Secures $100 Million in New Funding Round Discord raises $100 million in a new funding round that values the popular chat platform at $3.5 billion. The investment highlights the rapid growth of community-focused communication tools.