by Our Source | May 6, 2021 | Startups
As expected, shares of Poshmark exploded this morning, blasting over 130% higher in afternoon trading from the company’s above-range IPO price of $42. The enormous and noisy debut of Poshmark comes a day after Affirm, another IPO, was treated similarly by the public...
by Our Source | May 6, 2021 | Startups
Yesterday, we spoke with Plaid CEO and co-founder Zach Perret after news broke that Visa no longer plans to buy his company for $5.3 billion. The deal was heralded in early 2020 as a sign of the growing importance of fintech startups. Then it failed to close,...
by Our Source | May 6, 2021 | Startups
Capsule, a video Q&A platform aimed at brands, emerged last year in direct response to the challenges companies were facing in terms of reaching consumers during the pandemic. Now, the business has closed on $2 million in pre-seed funding. The round was led by...
by Our Source | May 6, 2021 | Startups
Harness, the startup that wants to create a suite of engineering tools to give every company the kind of technological reach that the biggest companies have, announced an $85 million Series C today on a $1.7 billion valuation. Today’s round comes after 2019’s $60...
by Our Source | May 6, 2021 | Startups
Previously, we introduced the concept of flexible VC: structures that allow founders to access immediate risk capital while preserving exit and ownership optionality. We list here all the active flexible VCs we have identified, broken into these categories:...
by Our Source | May 6, 2021 | Startups
Medium is acquiring Paris-based startup Glose for an undisclosed amount. Glose has been building iOS, Android and web apps that let you buy, download and read books on your devices. The company has turned reading into a multiplayer experience, as you can build a...
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