SoftBank reportedly preps a package to take control of WeWork parent company

SoftBank Group, the multi-billion dollar Japanese technology conglomerate and investment firm, has put together a  bid that would save WeWork parent company We Co., just weeks before the co-working real estate company’s imminent collapse, The Wall Street Journal reports. With the collapse of the company’s planned initial public offering, We Co. is facing a cash […]

Continue Reading →

Brad Feld: what founders need to know about recent changes in VC deal terms

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Connie Loizos hopped on the line with prominent investor, entrepreneur, thought leader, and Techstars co-founder Brad Feld to discuss the latest edition of his book “Venture Deals”, his advice to […]

Continue Reading →

Uber to acquire grocery delivery startup Cornershop

Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects that its acquisition of a majority ownership stake in Cornershop in early 2020, once it receives all the necessary […]

Continue Reading →

Why venture capital firms need culture experts

True Ventures VP of culture Madeline Kolbe on how to “scale inclusively.”

Continue Reading →

Porsche and Boeing are partnering to develop “premium” electric flying cars

The electric vertical take-off and landing (eVTOL) industry is heating up, with a lot of companies finding dancing partners for what looks like it could be a boom industry – provided the significant technical and regulatory hurdles still standing in the way of viable commercial consumer air travel are overcome. Now, automaker Porsche is throwing […]

Continue Reading →

Sources: Lilium is looking to raise up to $500M for its electric flying taxis

“Flying cars” — airborne vehicles designed for urban and other short-distance commutes to replace conventional private automobiles — are (at best) still years away from being a reality, with significant safety, technology and business model hurdles to clear before they ever hit the sky. Now, sources tell us that one of more promising startups in […]

Continue Reading →

Uber’s newest feature alerts drivers that pets will be joining the ride

Uber is piloting a new feature that lets U.S. riders alert drivers that a pet will be coming along, the latest effort from the company to appeal to a broader audience and become to the one-stop shop for transportation, meals and other services. The feature called Uber Pet will be available beginning October 16 in […]

Continue Reading →

Why we’re still waiting on the Postmates S-1

Postmates CEO Bastian Lehmann on ‘choppy’ public markets, competitors and more.

Continue Reading →

PayPal is the first company to drop out of the Facebook-led Libra Association

PayPal is the first company to walk away from Facebook’s Libra cryptocurrency. PayPal’s decision to take its ball and go home was first reported by The Wall Street Journal . “PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing […]

Continue Reading →

As Sinai Ventures returns first fund, partner Jordan Fudge talks new LA focus

At age 27, Jordan Fudge is quietly making a splash in the VC world. Fudge is the managing partner of Sinai Ventures, a multi-stage VC fund that manages $100 million and has more than 80 portfolio companies including Ro, Drivetime, Kapwing, and Luminary. His 2017 investment in Pinterest — a secondary shares deal from his […]

Continue Reading →