The ‘ideal runway’ is a myth, isn’t it?

When it comes to advice, tech loves standardization. Startups are often told that there are certain metrics to hit, deadlines to meet, timetables to measure themselves against. Examples abound: Here’s the ideal amount of money to raise at your Series A round; here’s how many employees you should have before hiring this executive; here’s what … Read more

Triller settles lawsuit with Timbaland and Swizz Beatz

Last month, Grammy-winning artists Timbaland and Swizz Beatz sued TikTok competitor Triller for $28 million. Triller acquired their livestream event series Verzuz last year, but the two musicians alleged that the social app had missed several large payments, prompting them to file a lawsuit. Now, Triller has settled with Timbaland and Swizz Beatz, but the … Read more

Byju’s clears $230 million payment to Blackstone for $1 billion Aakash deal

Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash, a source familiar with the matter told TechCrunch, addressing one of the criticisms levelled against the Indian edtech giant in recent months. The Bengaluru-headquartered startup, valued at $22 billion, had … Read more