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Exclusive startups crypto
Crypto and AI-Focused Sequoia Partner Is Leaving the Firm
By Aidan Ryan · Dec. 6, 2022 5:15 PM PST
Sequoia Capital partner Divya Gupta is leaving the firm just weeks after the storied venture capital firm apologized to limited partners about its $214 million investment in the now-bankrupt crypto exchange FTX. Gupta worked on seed- and early-stage investments in cryptocurrency and artificial intelligence at Sequoia, and has worked at the firm for under a year. A Sequoia spokesperson said he...
Latest Briefs
 
Pinterest Adds Elliott Management Executive to its Board
By Mahira Dayal · Dec. 6, 2022
BuzzFeed Cuts 12% of Workforce
By Martin Peers · Dec. 6, 2022
Apple Dials Back Ambitions for Self-Driving Vehicle, Delays Debut
By Nick Wingfield · Dec. 6, 2022
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startups venture capital
Six Investors Chasing Debt Deals During the Downturn
By Maria Heeter
With equity investors dialing back and public markets frozen over, startups that need to raise money are short of options.
The 1:1 policy
A Billionaire Couple Goes for Broke: How John and Laura Arnold Plan to Give It All Away
By Abram Brown
On Election Day, John and Laura Arnold found themselves deep in the lion’s den: a few blocks from the White House, working from the new Washington D.C.
Microsoft CEO Satya Nadella. Photo by Bloomberg
Exclusive microsoft
Microsoft Eyes ‘Super App’ to Break Apple and Google’s Hold on Mobile Search
By Aaron Holmes and Jon Victor
Microsoft recently considered building a “super app” that could combine shopping, messaging, web search, news feeds and other services in a one-stop smartphone app, in what would be an ambitious move by the software giant to expand further into consumer services, according to people with direct knowledge of the discussions.
Illustration by Josh Brill.
Opinion economy
A Raise May Be Out of the Question, but You Do Have Other Options
By Niya Dragova
Layoffs have swept through the tech industry (and more may be on the horizon ), flooding the job market with qualified candidates—just like you—as even the large companies are fighting to stay afloat.
Animation by Clark Miller
The Big Read
The Passion of Cathie Wood: Why the ‘Wackiest Portfolio Manager on Earth’ Isn’t Losing Faith
By Michelle Celarier
Cathie Wood was sitting in a phone booth in the New York office of Ark Invest when she heard Tasha Keeney, one of the firm’s analysts, let out a scream—“a happy scream,” Wood recalled.
Photo by Bloomberg.
Exclusive
Marc Lore’s Kitchen on Wheels Startup Cuts Staff, Dials Back Delivery Ambitions
By Theo Wayt and Erin Woo
Wonder, a mobile kitchen and food-delivery startup led by Jet.com founder Marc Lore, has laid off 7% of its workforce, a company spokesperson said, as it attempts to overhaul its business.