Startups Venture Capital

Prosecutors Charge Startup Founder For Allegedly Lying to VCs About Revenue

Authorities on Wednesday arrested the co-founder of a Silicon Valley startup once valued at more than $1 billion for allegedly providing false key financial metrics to venture capital investors. Manish Lachwani, who co-founded the privately-held mobile app testing company HeadSpin in 2015, was criminally charged with securities and wire fraud after a Department of Justice  investigation ...

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Apple Poised to Gain More Market Share Amid Chip Crunch, New Survey Shows
Photo by Bloomberg
As Apple prepares to release the latest generation of its iPhone this fall, it is starting to feel the pinch Android makers have been feeling for months from the global chip shortage. Still, new survey results suggest the chip crunch is hitting other manufacturers of high-end phones such as Samsung Electronics much harder, and the problems are becoming more widespread, at least in the U.S. In a...
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Illustration by Josh Brill
Exclusive Venture Capital Startups
Startup Founders Use Record-High Valuations to Cash Out Earlier
Earlier this year, Pipe raised a new round of funding led by investment firm Greenspring Associates that valued the financial software startup at $2 billion.
Ted Lasso poster by Apple. Illustration by Mike Sullivan
Exclusive Media/Telecom Apple
Apple, a Streaming Punchline No More?
When Apple launched its Apple TV+ service nearly two years ago, executives throughout Hollywood and Silicon Valley snickered about the streaming video service.
Illustration by Mike Sullivan
Startups E-commerce
The Fintech Startups Plaid, JPMorgan and Stripe Could Buy Next
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Photo: Whatnot. Illustration: Mike Sullivan
Creator Economy Startups
Live-Shopping Startup Whatnot Raising at $1.5 Billion Valuation
Whatnot is raising new capital at a valuation of $1.5 billion, according to a person familiar with the deal.
Joe Lonsdale in 2017. Photo: Bloomberg
Exclusive Venture Capital Startups
Tiger Global to Invest in Joe Lonsdale’s Newest Fintech Venture
Joe Lonsdale, the former PayPal intern who co-founded big-data analytics business Palantir and wealth management platform Addepar, is raising capital for a new company to help financial advisers make private market investments.
Devin Finzer, CEO of OpenSea. Photo: OpenSea. Illustration: Mike Sullivan
Creator Economy Crypto Startups
OpenSea CEO Says Era of ‘Pure Collectible NFTs’ Is Over
Earlier this year, artists such as Beeple made headlines for earning hefty sums through the sale of digital collectibles known as non-fungible tokens, or NFTs.