About Us
Pricing
Briefing
Startups Venture Capital

Layoffs Hit Minted, a Benchmark-Backed Online Stationery Marketplace

By Kate Clark
· · Source: The Information

Minted, a venture-backed startup that sells stationery, art and other goods through an online marketplace, has laid off 147 employees, following a collapse in sales due to the coronavirus, founder and CEO Mariam Naficy told The Information.  The outbreak has had a devastating impact on sales of print invitations, which represent about half of Minted’s revenues. The layoffs include 76 corporate...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive Venture Capital Startups
Andreessen Horowitz Values Clubhouse at $4 Billion With DST, Tiger
By Alex Heath · April 16, 2021 6:20 PM PDT
Dion Foxworth, co-host of the “Stock Market Moves” show, uses the Clubhouse app. Photo:Bloomberg
Andreessen Horowitz is valuing the social media app Clubhouse at $4 billion in a round of financing with new investors DST Global and Tiger Global Management, according to a person familiar with the matter. The round triples Clubhouse’s valuation from January, in a deal Andreessen Horowitz also led, and comes as rivals Twitter and Spotify roll out their own audio chat features. It...
Latest Briefs
 
Splunk Shares Drop 9% on CTO Departure News
By Kevin McLaughlin · April 16, 2021
China’s Economy Rebounded
By Shai Oster · April 16, 2021
Australia Court Finds Google Misled Consumers About Location Tracking
By Wayne Ma · April 16, 2021
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
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.
Marc Andreessen and Ben Horowitz. Art by Mike Sullivan.
Exclusive Venture Capital Startups
‘These Guys Are Very Different’: Inside Andreessen Horowitz’s Rise
By Kate Clark and Amir Efrati
As recently as two years ago, the performance of Andreessen Horowitz’s investments in tech startups were average , despite the firm’s outsize public profile.
An image of Boston Dynamics' 'Stretch' robot. Art by Mike Sullivan
Amazon
Five Warehouse Robotics Firms to Watch
By Mark Di Stefano
Warehouse robotics is suddenly looking like a hot sector. A series of deals in the past few months, including SoftBank’s $2.8 billion investment in Norwegian robotics firm AutoStore this month as well as the merger of robotics firm Berkshire Grey with a special purpose acquisition company, highlight how investor interest in warehouse robotics is growing.
A Didi Chuxing autonomous car on display in 2019. Photo by Bloomberg.
Exclusive Autonomous Vehicles Asia
Didi Chuxing Aborted $1 Billion Acquisition of Aurora Amid Concerns of U.S. Officials
By Juro Osawa
After defeating Uber in China’s brutal ride-hailing war in 2016, Didi Chuxing had an even more ambitious goal: Win the global race to develop robotaxis.
Venture Capital Startups
Coinbase Direct Listing’s Biggest Winners
By Berber Jin
Coinbase’s public stock market debut today crystallizes enormous gains enjoyed by the crypto firm’s earliest investors, most notably Union Square Ventures and Andreessen Horowitz.
Data Point Media/Telecom
Despite Digital Focus, More DTC Brands See Value in TV Ads
By Malique Morris
When major advertisers in industries such as travel abruptly pulled out of their primetime network television spots last March as pandemic lockdowns hit, TV advertising rates fell dramatically.
Coinbase signage at the Nasdaq in New York. Photo by Bloomberg.
Venture Capital Markets
Coinbase’s VC Disclosure Underscores Tight Bonds of Crypto Investors
By Berber Jin
Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had acquired stakes in a handful of companies partially owned by some of Coinbase’s own major investors, including Andreessen Horowitz and Union Square Ventures.