Tepid investor reaction clouds Lyft’s new strategy

Shares of Lyft are off sharply this morning, falling nearly 20% in early trading. The company’s equity is selling off in the wake of the U.S. ride-hailing giant’s first... Read more »

Down rounds are a ‘ticket to try again,’ says founder who raised 3 in a row

For the past year, everyone’s been predicting that the muted exit environment and bone-dry funding market would bring a reckoning for many late-stage companies. We’ve been seeing layoffs and... Read more »

Ex-Fin Capital general partner, who led its investment in Pipe, starts new venture firm

Peter Ackerson has departed from his role as general partner at fintech-focused venture firm Fin Capital and started a new firm, Audere Capital. According to his LinkedIn profile, Ackerson... Read more »

TechCrunch Disrupt early-bird savings end in 7 days

Most early-stage startup founders, investors, technologists and all-around aficionados recognize and appreciate a great deal. We’re flagging this one, folks, because you have just one week left to take... Read more »

What is Bluesky? Everything to know about the app trying to replace Twitter

Is the grass greener on the other side? We’re not sure, but the sky is most certainly bluer. It’s been over a year since Elon Musk announced his bid... Read more »

OpenAI’s ChatGPT is shaking up the edtech markets

Shares of edtech company Chegg fell off a cliff this week after the company reported Q1 results that bested analyst expectations. But Q1’s results aren’t what made the company... Read more »

Aaron Burr’s tech angle, blue skies, and no photos at this time

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Mary Ann, Natasha and Alex got right into it –... Read more »

Warner Bros. Discovery’s streaming business set to become profitable in 2023

Warner Bros. Discovery announced Friday that its streaming business will turn a profit in 2023. The company previously said it expected to break even by 2024 and become profitable... Read more »

With DeepFloyd, generative AI art gets a text upgrade

Generative AI is pretty impressive in terms of its fidelity these days, as viral memes like Balenciaga Pope would suggest. The latest systems can conjure up scenescapes from city... Read more »

Security researcher finds trove of Capita data exposed online

London-based outsourcing giant Capita left a trove of data exposed online for 7 years, TechCrunch has learned, just weeks after the company admitted to a data breach potentially impacting... Read more »
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