Remove Fund Remove Hype Remove Money
article thumbnail

It Is What It Is: A fake app hyped on Twitter turned into a fundraiser for racial justice causes

The Verge

When the group realized it had some momentum, it decided to turn its hype into a fundraising vehicle for groups working toward racial justice, which included the Loveland Foundation Therapy Fund, The Okra Project , and The Innocence Project among others. UPDATE June 27th 7:18PM ET: Added new details about the amount of money raised.

Hype 115
article thumbnail

A decade of fintech failures: 4 innovations that didn’t live up to the hype

TechCrunch

But lost in all of the celebration of success and the billions of dollars in venture capital funding are the ideas that did not succeed. Rather, this piece will focus on fintech ideas that received some degree of initial hype and momentum, but ultimately did not live up to their promise.

Hype 103
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to raise money for your startup from VCs and investors in Asia

The Next Web

The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. We’ve asked him to give us some insight into starting, building, and funding a company across Asia. First, investors in Asia flock to hype. This is the final part of a four-part series. Where are all of the VCs in Asia?

Asia 132
article thumbnail

Does web3 need a venture bailout now that AI has all the hype?

TechCrunch

The Exchange explores startups, markets and money. The picture for AI-related funding is a bit less clear. For startups stuck in a now passé category, watching venture dollars flow elsewhere cannot feel great, even if such evolutions in capital flows are normal. by Alex Wilhelm originally published on TechCrunch

Hype 82
article thumbnail

BeReal: Hype or hit? What to know about the Gen Z photo-sharing app climbing the charts

TechCrunch

Poparazzi — an app that turned Instagram’s tagging feature into its entire premise — hyped itself to the top of the App Store using a series of growth hacks not too long ago. BeReal would have the funds. It sure seems like it’s put some of that money to use. Image Credits: Apptopia.

Hype 85
article thumbnail

Venture capital appears to slow its web3 funding rush

TechCrunch

The Exchange explores startups, markets and money. It’s canon in the blockchain world that rapid business cycles are part of the game, with periods of hype and spending followed by periods of lower consumer activity. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday.

Fund 93
article thumbnail

rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

TechCrunch

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

Global 98