The End of MegafundsRead more

startups

Andy Rubin: ‘Further leaks will not position us well’

Andy Rubin, the founder of a struggling Android smartphone maker that according to Bloomberg is considering selling itself, told employees in an email this afternoon that “no one (including me at this moment) knows what the best thing for the company will be.”  In the email, obtained by The Information, Rubin said his company Essential, which recently canceled plans for developing a new...

Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Illustration by Laurent Hrybyk
Exclusive markets startups
A Reckoning Arrives for Creator Economy Startups
Two years ago, Dmitry Shapiro and Sean Thielen were so optimistic about the booming creator economy that they pivoted their startup to a new product: a simple tool called Koji that lets influencers more easily link to their online tip jars, merch and other services in their social media bios.
Photo by Getty.
Exclusive e-commerce
Why Shopify Ditched Its Amazon-Like Delivery Dreams
When Shopify last month announced the sale of its delivery operation, it was an abrupt reversal of a strategy to compete with Amazon it had spent four years and billions of dollars developing.
Photo by Getty
Exclusive amazon
AWS Cuts Ties With Fast-Rising Cloud-Sales Partner
Amazon Web Services has suddenly cut ties with a key firm that earns commissions for bringing new customers to AWS, according to people with direct knowledge of the situation.
Marc Andreessen. Photo: Bloomberg.
Exclusive startups venture capital
Andreessen Horowitz Merges Fintech and Consumer Teams After Some Bets Fizzle
Andreessen Horowitz has combined its finance and consumer investment teams into one, merging what were two of the hottest pandemic-era investment categories that have since cooled.
Image via Getty
Exclusive asia venture capital
U.S. Investors Are Bailing Out of China Funds
Sequoia Capital’s decision this week to split off its China operations showed the impact of growing tensions between Washington and Beijing.
Photo by Getty
Dealmaker venture capital
The End of Megafunds
Megafunds may be a relic of another era in venture capital. That’s not a bad thing. Insight Partners has reduced the target of its next fund 25% to $15 billion, the Financial Times first reported this week.
Cookies on The Information
We use cookies for a number of reasons, such as keeping The Information reliable and secure, personalizing content and ads, providing social media features and to analyze how our sites are used.