Exclusive: Tiger Global, Alkeon Slash Startup Valuations Amid Public Stock Selloff Read Now

Venture Capital Crypto

Katie Haun Looking to Raise $900 Million For Crypto Funds

Departing Andreessen Horowitz general partner Katie Haun is looking to raise at least $900 million for two separate crypto investment funds, according to the Financial Times . Haun said in December that she would be leaving Andreessen Horowitz to start her own VC firm, which currently operates under the name KRH. A $900 million raise would represent one of the largest debuts for a new VC firm....

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The Briefing Google Policy
The Dangers of War Against Google’s Ad Tech
Alphabet's Mountain View headquarters. Photo by Bloomberg.
Google’s legal department has its hands full these days, given numerous antitrust lawsuits filed both by the Justice Department and individual states targeting different parts of its business. Our scoop today—about how a bipartisan group of senators is putting together a bill to force Google to divest its ad tech operations—will only add to the lawyers’ workload. Where is this all heading?...
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Meta Pauses New Users From Accessing CrowdTangle Tool
Airbnb Exec Chris Lehane Joins Katie Haun’s Crypto Fund
Hedge Fund Brevan Howard Expands $250 Million Crypto Unit
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Exclusive
Tiger Global, Alkeon Slash Startup Valuations Amid Public Stock Selloff
For more than a year, startup founders have watched in awe and some trepidation as hedge funds and other large investors flooded private startups with big checks, pushing up valuations and making it easier than ever to raise money.
Snowflake CEO Frank Slootman (left) and Databricks CEO Ali Ghodsi. Photos by Snowflake, Bloomberg. Collage by Mike Sullivan
Exclusive Cloud
Snowflake vs. Databricks: How Onetime Friends Became Fierce Cloud Rivals
A few years ago, Snowflake and Databricks were up-and-coming cloud software startups that were so friendly, their sales teams regularly passed customer leads to each other.
Pinterest headquarters office in San Francisco. Photo by Bloomberg
Exclusive Entertainment E-commerce
Pinterest Has Lost at Least 7 Senior Execs in Recent Weeks
Pinterest has lost at least seven senior executives in roles ranging from creator marketing to corporate development in recent weeks as the online scrapbooking app grapples with a drop in U.S.
Art by Mike Sullivan
Exclusive Venture Capital Startups
Tech’s Great Headhunter Shortage: Employers Shower Recruiters With Better Pay, Benefits
In the middle of 2020, not long after the Covid-19 pandemic began sparking layoffs across the country, Joe Price watched as eight members of the recruiting department at an automotive software company he worked for lost their jobs.
Photos by AP; Bloomberg
Enterprise Markets
M&A Watch: 8 Potential Targets as Tech Stocks Sink
A sharp sell-off in tech stocks over the past few months has caused investors a lot of pain—but could be the trigger for more mergers.
Art by Shutterstock; Mike Sullivan
Opinion Crypto Economy
Bitcoin Is Failing Its Original Mandate. That Doesn’t Mean It’s Worthless
By plenty of standards, Bitcoin is a failure. Transactions on the Bitcoin blockchain take at least 10 minutes to process, which would make it cumbersome for day-to-day transactions if its wildly fluctuating price hadn’t already rendered it useless as a means of exchange.