Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. When The Cure’s frontman Robert Smith said he was “sickened” by Ticketmaster fees, many of us felt vindicated. The platform then refunded some fees, … Read more
Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. When The Cure’s frontman Robert Smith said he was “sickened” by Ticketmaster fees, many of us felt vindicated. The platform then refunded some fees, … Read more
Despite the slowdown in venture capital activity, there’s still a mountain of money flowing through startups today. TechCrunch+ is launching a series of posts looking at recent, notable venture rounds, exit activity and other news that relates to the financial side of building new technology companies. While banks are dealing with the crisis kicked off … Read more
Despite the slowdown in venture capital activity, there’s still a mountain of money flowing through startups today. TechCrunch+ is launching a series of posts looking at recent, notable venture rounds, exit activity and other news that relates to the financial side of building new technology companies. While banks are dealing with the crisis kicked off … Read more
Despite the slowdown in venture capital activity, there’s still a mountain of money flowing through startups today. TechCrunch+ is launching a series of posts looking at recent, notable venture rounds, exit activity and other news that relates to the financial side of building new technology companies. While banks are dealing with the crisis kicked off … Read more
Entrepreneur Ankur Nagpal raised a $70 million venture fund last year, called Vibe Capital, from over 200 investors. But now, as the market shifts and LPs are less interested in venture capital, the Ocho founder is shrinking the fund side by roughly 43%, canceling capital calls, and, ultimately, sending back money that had already been … Read more
Entrepreneur Ankur Nagpal raised a $70 million venture fund last year, called Vibe Capital, from over 200 investors. But now, as the market shifts and LPs are less interested in venture capital, the Ocho founder is shrinking the fund side by roughly 43%, canceling capital calls, and, ultimately, sending back money that had already been … Read more
Rocket Lab has proven that it’s much more than a launch company: One glance at the company’s most recent earnings presentation shows as much, since in 2022, its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch, at $150.3 million versus $60.7 … Read more
Rocket Lab has proven that it’s much more than a launch company: One glance at the company’s most recent earnings presentation shows as much, since in 2022, its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch, at $150.3 million versus $60.7 … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Rocket Lab has proven that it’s much more than a launch company. One glance at the company’s most recent earnings presentation shows as much: its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch in 2022, at $150.3 million versus $60.7 million, … Read more
Robots have conquered ProMat. The supply chain and logistics show is a kind of perfect microcosm of where the industry is heading. Many of the show’s main attractions have moved from center stage to the physical margins of the show floor, while competitors like 6 River Systems and Locus grab the spotlight — my interviews … Read more
Launch startup ABL Space Systems has landed a $60 million contract to build out its “responsive launch” operational capacity, as part of the U.S. Space Force and U.S. Air Force Strategic Funding Increase (STRATFI) program. The new funding, which equally matches government funding with private investment, comes as the company prepares for the second launch … Read more
Turo, a startup that allows consumers to rent their cars to one another, filed an update to its IPO paperwork Friday, detailing its full 2022 financial performance. The upshot? Turo has continued to grind away and even make revenue gains as it awaits for better IPO conditions. While the IPO market has been frozen for … Read more
Legacy Twitter checkmarks are disappearing on April 1st, Twitter says, and in the future, the only way users will be able to get the coveted blue badge is by paying for a Twitter Blue subscription. That points to a big question for Twitter and owner Elon Musk: will that nail finally drive more take-up of … Read more
European Union lawmakers are on track to ban the use of remote biometric surveillance for general law enforcement purposes. However that hasn’t stopped parliamentarians in France voting to deploy AI to monitor public spaces for suspicious behavior during the 2024 Paris Olympics. On Thursday the parliament approved a plan to use automated behavioral surveillance of … Read more
As tech companies large and small shed staff in hopes of better aligning their income statements to a new market reality, it’s clear that cutting costs to delight investors is the new norm. But there are other ways to make the investing public happy, including smashing growth and profitability expectations. The Exchange explores startups, markets … Read more
As tech companies large and small shed staff in hopes of better aligning their income statements to a new market reality, it’s clear that cutting costs to delight investors is the new norm. But there are other ways to make the investing public happy, including smashing growth and profitability expectations. The Exchange explores startups, markets … Read more
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We had the whole gang together this week, which was fitting given the sheer number of news stories that we simply had to get through. So, what did Mary Ann and Natasha … Read more
The UK’s antitrust watchdog has narrowed its probe of Microsoft’s $68.7 billion bid for video game giant, Activision Blizzard, it said today. In February, the Competition and Markets Authority (CMA) provisionally concluded the merger “could harm U.K. gamers” through higher prices, fewer choices, or less innovation. Today it’s updated that position — saying new evidence “provisionally … Read more