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by Our Source | Aug 4, 2020 | Startups
Nearly 40 million Americans are unemployed, and a recent study that examined more than 66,000 tech job layoffs found that sales and customer success roles are most vulnerable amid COVID-19. In response, some quarters of Silicon Valley are abuzz about a long-standing...
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by Our Source | Aug 4, 2020 | Startups
TuSimple, the self-driving truck startup backed by Sina, Nvidia, UPS and Tier 1 supplier Mando Corporation, is headed back into the marketplace in search of new capital from investors. The company has hired investment bank Morgan Stanley to help it raise $250 million,...
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by Our Source | Aug 4, 2020 | Startups
Spot.IM, which offers a platform for publishers (including TechCrunch) to manage their user comments, announced this week that it’s rebranding as OpenWeb. CEO and co-founder Nadav Shoval told me that the new name reflects a vision that’s far grander and more ambitious...
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by Our Source | Aug 4, 2020 | Startups
Shares of Agora, a China and U.S.-based “real-time engagement” API company, soared today after it went public. Yesterday Agora priced 17.5 million shares at $20 apiece, up from its target range of $16 to $18 per share. The firm raised $350 in its debut, or around 10...
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by Our Source | Aug 4, 2020 | Startups
Telemedicine is becoming more widely embraced by the day — and not just for humans. With a pet in roughly 65% of U.S. homes, there is now a dizzying number of companies enabling vets to meet with their furry patients remotely, including Petriage, Anipanion, TeleVet,...
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by Our Source | Aug 4, 2020 | Startups
In a blog post this Friday afternoon, Y Combinator’s president Geoff Ralston said that the accelerator would make two changes to its terms for startups. The first would see the size of the standard deal for YC startups decline from $150,000 for 7% (roughly a $2.1...
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