Startups

Startups in the US

US Startup News publishes only the most insightful articles selected by the most trusted experts in the US startup scene.

Top news of the week: 11.12.2022.

Dot-com bubble
Startup company
Venture capital
Finance
Names of large numbers
Money

@robinwauters shared
On Dec 6, 2022
RT @kadhim: 🚨 EXCLUSIVE: Inside Alameda's sprawling venture capital portfolio. Billions of dollars of FTX money funded VC bets by Sam Bankman-Fried's Alameda hedge fund. Here's a detailed insider spreadsheet detailing what those bets were. w/ @BryceElder https://t.co/D9Cp1uELrb
Open
Revealed: the Alameda venture capital portfolio

Revealed: the Alameda venture capital portfolio

A look inside Sam and Caroline’s grab-bag of crypto, etc.

@ArlanWasHere shared
On Dec 10, 2022
RT @DominicMadori: Also new from me: there appears to be progress in terms of more women rising through the ranks at VC firms. “Those who currently hold lower-level positions in venture will be the next generation of VC." https://t.co/jeeupuVSej
Open
Women are rising through the ranks at VC firms, new survey shows

Women are rising through the ranks at VC firms, new survey shows

The next generation of women venture capitalists are rising through the leadership ranks — though there are some caveats.

@ScottKirsner shared
On Dec 6, 2022
RT @anissagardizy8: Circle canceled its SPAC today, but CEO Jeremy Allaire tells @ampressman that going public is still in the cards “We’ve made a huge amount of progress towards being a public company and we are very committed to becoming a public company" https://t.co/hE6CMLAfI3 @BostonGlobeTech
Open
Circle, Boston’s biggest crypto startup, cancels deal to go public

Circle, Boston’s biggest crypto startup, cancels deal to go public

Following the implosion of crypto exchange FTX last month, digital currency prices have tumbled and thrown the entire ecosystem into chaos.

@theinformation shared
On Dec 8, 2022
"I look at things like FTX as unfortunate and as a setback, but not like, 'Oh, my God, we were doing swimmingly before FTX, now FTX has ruined everything,'" @usv's @albertwenger says. Read more of his interview with @KateClarkTweets in Dealmaker: https://t.co/MBrqsarYZt
Open
How Union Square Ventures Knew Venture Capital Had Peaked

How Union Square Ventures Knew Venture Capital Had Peaked

Union Square Ventures managing partner Albert Wenger, 55, has been meaning to write a blog post about Tesla’s self-driving technology, he tells me about half hour into our interview at the ...

@robinwauters shared
On Dec 7, 2022
RT @tech_eu: 0/ Today is the day @Atomico and its partners drop their annual report on the 'State of European Tech' - and it's a doozy. Let's have a look at some of the key findings in this year's #SoET22 report, shall we? https://t.co/UyKydeS0Hz https://t.co/24iZjJQFNP
Open
The (worrying) State of European Tech in 2022: Annual #EUtech funding expected to drop to $85 billion, and 15 other take-aways

The (worrying) State of European Tech in 2022: Annual #EUtech funding expected to drop to $85 billion, and 15 other take-aways

Investment firm Atomico has launched its latest 'State of European Tech' report, a comprehensive look at the tech industry over in this part of the world. Here's our run-down of the key ...

@nmasc_ shared
On Dec 6, 2022
One of Africa's most valuable fintechs, Chipper Cash, laid off about 12.5% of staff, reports @ulonnaya https://t.co/vy9llbW1zP
Open
African fintech unicorn Chipper Cash lays off about 12.5% of staff

African fintech unicorn Chipper Cash lays off about 12.5% of staff

Chipper Cash, an African cross-border payments company valued at $2.2 billion last year, has laid off about 50 employees.

@bayareawriter shared
On Dec 7, 2022
https://t.co/gMOgM6A6pL by @rebecca_szkutak
Open
Fintech unicorn valuations have fallen hard in 2022

Fintech unicorn valuations have fallen hard in 2022

While most fintech unicorns are still garnering impressive valuations, the sector's hype from last year has started to fade.

@Techmeme shared
On Dec 8, 2022
Drata, which uses automation to help companies adhere to compliance frameworks, raised a $200M Series C led by Iconiq Growth and GGV Capital at a $2B valuation (@psawers / TechCrunch) https://t.co/klLN29mbdV https://t.co/J7Q5emhfML
Open
Security compliance and automation platform Drata nabs $200M at $2B valuation

Security compliance and automation platform Drata nabs $200M at $2B valuation

Security compliance and automation platform Drata has raised $200 million in a Series C round of funding at a $2 billion valuation.