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Lula , a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Existing backers such as Nextview Ventures and Florida Funders also put money in the round, in addition to a number of insurance and logistics groups such as Flexport.
Both Iconiq Capital and Sequoia Capital offer money management services. As Bloomberg notes , wealth management can be a hugely profitable venture once the money comes in the door. A16z made headlines for another reason recently when it announced that moving forward, its headquarters will “be in the cloud.
Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. And somehow, Microsoft Excel and Miami? TechCrunch scooped that Pipe is raising more money at a huge new valuation , and we argue about what a derivative really is.
Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. You can follow the show on Twitter here and myself here — and be sure to check out last week’s main ep that dug into Robinhood, Miami, and a host of other topics. Here’s the rundown: Pony.ai
If you’re excited to make sense of the crypto world, we’ve got an event in Miami coming up in a couple of weeks — details and tickets here ! — Christine and Haje. Like our headline stories, but more summarized: Like Excel, but more better : Equals secures $16 million investment to supercharge spreadsheets , reports Kyle.
It’s August 2021, and while that hasn’t happened, Argo has launched a small fleet of robotaxis in Miami and Austin in partnership with Lyft. Whether it be in the core of Miami, Austin, DC. So this all depends on your frame of reference, Nilay, and I guess, which headlines you’re reading and believing. I think so.
Miami is quickly becoming a symbol for the tech exodus from Silicon Valley. In this survey, these investors agree on several aspects of Miami. As they say below, the future of work is uncertain and Miami is becoming more attractive as workforces disconnect from office buildings. David Goldberg, general partner, Alpaca.
. — Mary Ann Image Credits: Brex Other weekly news Christine, Mary Ann and Natasha Mascarenhas teamed up to write about the collapse of First Republic Bank , speaking with tech founders and investors who had money in the bank about what happens next. Manish Singh reported that Paytm , India’s leading mobile payments firm, reported a 13.2%
There are still loads of companies that raised a ton of money over the boom cycle but aren’t producing nearly enough revenue to justify their historical valuations; the late-stage market is full of them. Thanks to all who came to Miami this week for our debut crypto conference. Image Credits: Bryce Durbin / TechCrunch. Well, kind of.
Marty McFly: ‘Cubs win world series…against Miami’? I wish I could go back to the beginning of the season, put some money on the Cubs. Marty: I just meant that Miami—What did you just say? Old Terry: I said I wish I could go back to the beginning of the season, put some money on the Cubbies!
Investors give founders money in exchange for equity in a company; they recoup that investment when the company is sold or goes public. (Or, This information was highlighted for me in a section of the release that was outlined in a box and headlined “Important facts.”) Or, if the company dies, not at all.).
The company is turning to crowdfunding to raise money for the vegan alternative. At our TC Sessions: Crypto event last week in Miami, Darrell sat down a veritable who-is-who in crypto to talk about the crypto regulation landscape. So as to not incur the wrath from both sets of Vikings, we’ve corrected the headline.
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