Audio chat app Clubhouse has held discussions with investors about a new round of capital that would value the 1-year-old business at $4 billion, according to Bloomberg . Andreessen Horowitz valued the startup at $1 billion just three months ago. Yet another round of venture capital, unusual for such a nascent social media app, reflects the broader increase in valuations for fast growing...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Instacart Cuts Staff, Curbs Hiring in Run-up to IPO
Instacart has been letting go of staff, slowing hiring and curbing other expenses as it heads toward a public listing, when the grocery-delivery company will try to convince public investors that it can maintain its growth—and make a profit—as the economy slows. The San Francisco startup over the last two months has fired some of its more than 3,000 workers after holding midyear...
Twitch’s Creators Chief Departs Amid Payout Cutbacks
Amazon Informs Employees It Miscalculated Raises
Google CEO Addresses Employee Questions about Cost-Cutting
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.
Recent Popular Stories
Data Point startups venture capital
Venture Firms’ $290 Billion ‘Dry Powder’ is About to Revive Startup Funding
startups venture capital
Debt Pitches Are in Vogue, but Not All Tech Startups Are Biting