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'Crack Should Be Available At 7-Eleven': How A Cold Email Landed This College Student A VC Job In Psychedelics
Monday, November 6, 2023 - 6:15pm | 566"Crack should be available at 7-Eleven, and I'm tired of pretending it shouldn't." This provocative statement, found within a bold email sent by a then-college senior, was more than just a shock factor: it was the intellectual hook that caught the eye of Jeremy Gardner, managing...
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IPOs Were Crushed This Year — And Venture Capitalists Are Worried
Saturday, October 21, 2023 - 12:47pm | 911Since 2021, initial public offerings have been a rollercoaster, with market volatility shaking the foundations of the traditional IPO landscape. Numerous companies debuted on the U.S. stock market with valuations over $10 billion in 2021, only to see their worth collectively dive by...
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EXCLUSIVE: Marshall Sandman's Journey From Goldman Sachs To Animal Capital Venture Fund - Teaming With Celebrities To Revive Woolly Mammoth
Friday, October 20, 2023 - 11:53am | 863After several years of working at Goldman Sachs, fresh out of Cornell University, Marshall Sandman knew he wanted to do something else. Through cold emails, Sandman was able to gain the attention of Ashton Kutcher and launch his own venture fund. The Early Days: Sandman got a job at Goldman Sachs...
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Former FTX Exec Nishad Singh Details Confrontation With Sam Bankman-Fried Over Millions In Spending
Monday, October 16, 2023 - 3:06pm | 663Nishad Singh on Monday testified about the extravagant expenditures he observed while working alongside FTX founder Sam Bankman-Fried, voicing his concerns over what he perceived as a wasteful $20 million spending, which Bankman-Fried countered by accusing Singh of sowing doubts. This ongoing...
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Crypto VC Funding Continues To Drop Sharply In Q3: Is the Crypto Winter Here To Stay?
Wednesday, October 11, 2023 - 3:11pm | 541Fresh data from the cryptocurrency sector has sounded alarms in investment circles, as crypto venture capital (VC) activity saw a sharp decline in the third quarter of 2023. Both capital invested and deal count in the crypto domain are now at their nadir since the fourth quarter of...
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Cybersecurity Startup Nexusflow Raises $10.6M From Point72 Ventures, Fusion Fund
Thursday, October 5, 2023 - 9:04am | 468Nexusflow raised $10.6 million as part of a seed round led by Point72 Ventures, with participation from Fusion Fund and several artificial intelligence (AI) luminaries. The startup was formed by AI experts Jiantao Jiao and Kurt Keutzer from the Berkeley AI Research Lab, along with AI leader Jian...
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Jeff Bezos Makes $1.43 Million Per Hour — Here's What He's Been Spending It On
Tuesday, September 26, 2023 - 1:50pm | 822Amazon.com Inc. Founder Jeff Bezos ranks among the world's wealthiest people. Beginning as a niche online bookstore in 1994, his company has since evolved to become the world's most valuable online retailer. The past decade has been particularly transformative for Bezos's net worth thanks to the...
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Beta Bionics Secures $100M To Advance Diabetic Care With iLet Artificial Pancreas System
Thursday, September 14, 2023 - 11:23pm | 661Diabetes management technology pioneer Beta Bionics has achieved another milestone, successfully amassing $100 million in its latest Series D equity funding round. The recent accomplishment surpasses the company's previous Series C round in which it secured $57 million in early 2022. Still, it...
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Y Combinator-Backed Apollo.io Secures $100 Million In Series D Funding, Valuing Startup At $1.6 Billion
Tuesday, September 12, 2023 - 11:19pm | 756Apollo.io, a leading full-stack sales technology platform, announced today a major Series D funding round, amassing $100 million and catapulting the firm’s valuation to $1.6 billion. Originating from Founder Tim Zheng's frustrations with inefficient sales tools during his stint at BrainGenie...
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These Companies Reached Unicorn Status in August 2023
Tuesday, September 12, 2023 - 2:36pm | 750There are few things in the business world more difficult than reaching unicorn status. Defined as a startup that's valued at more than $1 billion, many dream of this goal but very few successfully reach the summit. However, August 2023 saw eight new companies join the unicorn club. Let's take a...
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Golf Startup Surges 600% And Becomes The Year's Biggest IPO
Friday, September 8, 2023 - 10:59pm | 677For a startup company, there aren't too many things more exciting than progressing to the point where it can make an initial public offering (IPO). But seeing the shares surge over 600% in the first day of trading and having the biggest IPO of 2023 might match that excitement. That's what happened...
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Post-Covid Event Sales Are Coming Back With Dice Raking In $65 Million Through Latest Venture Round
Friday, September 8, 2023 - 4:55pm | 632The COVID-19 pandemic crushed the live event industry, but after a few stressful years, things are looking up. And for that reason, Dice — a London-based ticketing software company — is positioned for success. But it's not just the uptick of live events that has Dice excited. The...
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Is This Kevin O'Leary-Backed Startup Disrupting Big Name Venture Capital Firms Like Goldman Sachs, Andreessen Horowitz and SoftBank?
Friday, September 8, 2023 - 12:30pm | 647Investing in groundbreaking technologies and novel startups has often been the sole privilege of venture capitalists and accredited investors. However, thanks to platforms like StartEngine, the doors to such opportunities are swinging open for everyone. Anyone can now stake a claim in some of the...
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Redwood Materials Secures $1 Billion In Series D To Revolutionize US Battery Supply Chain
Thursday, September 7, 2023 - 5:27pm | 756In a landmark funding round, Redwood Materials, the innovative battery recycling firm founded by Tesla Inc. Co-Founder and former Chief Technology Officer JB Straubel, has amassed $1 billion in its Series D round. The round catapults the company's post-money valuation to over $5 billion and...
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Ryan Reynolds Sold His Company For $1.3 Billion; Now He's Investing In Something He Knows Nothing About
Wednesday, September 6, 2023 - 9:00am | 845Acclaimed Hollywood A-lister Ryan Reynolds has proven himself to be more than just an entertainer, delving into the world of investments with remarkable success. Despite his humble admission of not being an investing wizard, Reynolds has accumulated millions of dollars through well-timed...