Social media star David Dobrik has stepped down from the board of Dispo, the photo-sharing app and social network he co-founded in 2019, the company said in a statement provided to The Information on Sunday. News of Dobrik’s departure follows sexual assault allegations against a member of Dobrik’s “Vlog Squad,” a group of social media creators affiliated with the young star, according to a...
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Sequoia Capital Targets $2.25 Billion for Two U.S. VC Funds
Sequoia Capital, defying the tech market sell-off that’s chilled startup fundraising, is asking investors to commit money to two new U.S.-focused funds, according to two people familiar with the matter. The Menlo Park, Calif.-based venture capital firm behind Airbnb and DoorDash expects to dedicate $1.5 billion to a U.S. growth fund focused on more mature companies, the people said....
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