Tag: Venture Capital
Instacart Cuts Its Valuation by 38 Percent, Citing ‘Turbulence’
Instacart, the grocery delivery start-up, said on Thursday that it was slashing its valuation to about $24 billion…
Dreaming of Suitcases in Space
LAKE ELSINORE, Calif. — The mission to turn space into the next frontier for express deliveries took off…
Friends With Benefits: The Social Club That Runs On Crypto and Vibes
Members with at least one $FWB token (current price: about $45) can read the group’s newsletter and blog…
Anonymity in Crypto Raises Alarm
At work, he makes one exception to the secrecy. On calls with clients, he often uses his actual…
Trump’s Truth Social Is Poised to Join a Crowded Field
For months, former President Donald J. Trump has promoted Truth Social, the soon-to-be-released flagship app of his fledging…
Peter Thiel, the Right’s Would-Be Kingmaker
The wine flowed. Donald Trump Jr. mingled with the guests. And Peter Thiel, the tech billionaire and host…
Tech Start-Ups Reach a New Peak of Froth
Astonishing data for 2021 tell the story. U.S. start-ups raised $330 billion, nearly double 2020’s record haul of…