venture capital and startups reporter
@theinformation
. all about numbers, nuance and new coffee shops.
send me tips and scoops on Signal at 925 271 0912!
in today’s unsolicited advice: don’t let anyone gaslight you into thinking you’re being “too extra” about social distancing. everyone is living their own, deeply emotional, pandemic. remember that!
i am strongly considering only writing about companies if i can chat with the founder 1:1. i don't mind PR, i just don't think it's natural for conversations and it takes away from natural rapport
it's my first day covering venture capital and startups for
@theinformation
(!!!)
send tips and say hi: natasha
@theinformation
.com or on Signal at 925 271 0912 ✨
I wrote about a new investment club spinning out of Stanford GSB class. $1.5M has been raised across 175 students to invest in their classmates' startups:
good morning to everyone except
-the dude who told me my voice was "very stalk-able"
-the vc who offered to teach me how to be a "real journalist"
-the guy who offered to put me on a panel if i went on a date with him
Thrilled to share that after a life-changing year with
@CrunchbaseNews
, I’m joining the fantastic folks over at
@TechCrunch
! Same beat, same city, and I start next month. Stay tuned :)
if anyone ever wonders why i'm a hopeless romantic: i got my dad airpods for his birthday and when i called him to ask for his review on them he told me his favorite part is that him and my mom can listen to the same song with one bud each
Duolingo, founded by immigrants, has defined gamification in edtech. Its route to 500 million registered learners and millions in revenue is not simple.
My first ever EC-1 explores the rare making of a language learning unicorn turned household name:
march: "here are x startups that are enabling remote work"
november: "here are x startups that are fixing the broken horrible fatigued world of remote work"
i feel bad for all the people who followed me this week over a bollywood icon sighting and will now be learning about the intricacies of the pre-seed world and changes at y combinator
New: Plaid is launching an incubator for early-stage fintech startups led by BIPOC founders.
Part of its programming will focus on how startups can navigate regulatory and political hurdles:
Some (!!!) news: today is my first day as a vc/tech reporter for
@crunchbasenews
. Super excited to join this talented team and be back in San Francisco. Say hello: natasha
@crunchbase
.com
Ok now Duolingo is playing games w/ me
Job requirements as Duo's Owl Trainer: conduct weekly bird baths with evian water + manage luxury swimwear fittings
the fact that a founder turned part-time venture capitalist is using equity crowdfunding to raise money for his own company is a meta headache on its own. so i asked
@shl
to explain himself to
@techcrunch
:
My latest: a look at the small, but growing, cohort of venture capital firms that explicitly offer mental health services for their portfolio companies.
Scoop: On Deck just laid off 25% of its staff, or around 72 people. ODX, On Deck's accelerator, clashed with the market and has caused leadership to figure out a way to ensure long-term sustainability.
w/
@bayareawriter
happy
@ycombinator
W22 demo day
-394 companies (!)
-50% of startups are based out of the united states with New Zealand, Sudan, Uganda and Costa Rica repped for the first time
-most popular vertical is b2b enterprise, followed by fintech
BREAKING: Anthropic was approached by OpenAI for a potential merger. The board did this as part of talks to convince Anthropic CEO Dario Amodei to join as interim chief executive of OpenAI — reports
@steph_palazzolo
a ton of twitter, stripe, lyft and meta employees are all looking for jobs (and probably competing with each other). wonder what % will stay in big tech, vs join a startup vs start one themselves..
After 3+ transformative years at TechCrunch, it's my last day! I'm joining The Information, a newsroom I've long respected, starting next month.
I'll be covering the same beat, venture capital and startups, in the same city, San Francisco!
founders! let's try an experiment.
instead of writing about your seed round, i want to know the wild stories and learning lessons you have from getting your first check.
the more candid, the better. no detail is too boring. dms open, tag people i should talk to below 👋🏾
it is so weird when some founders feel that it's okay to demand not just coverage, but specific placement, timing & framing of coverage. i always try to explain that this isn't how journalism works, but where are they getting this advice?! oof
i can't believe i just tried getting out of a meeting by saying i have an upcoming meeting
.....and then my apple watch responded by saying "you have no meetings for the rest of today"
Scoop w/
@amir
: Boston-based venture capital firm OpenView has cut most of its staff and will stop making new investments & focus on supporting existing portfolio companies.
This comes just months after the firm closed a $570M fund.
In journalism school, we were taught not to show opinion on social media platforms. Let me be clear to any journalists using that adage to stay quiet right now: condemning racism is not bias. It is not controversial to believe that
#BlackLivesMatter
.
It is worth being repeated and not just retweeted:
#BlackLivesMatter
is not a political statement, it is a human statement. If you’re avoiding a conversation about racism because you think it’s “too political”, you are part of the problem
Squire just tripled its valuation after tripling its valuation just eight months ago. I spoke to
@davesalvant
about the growth, Squire Capital, and the significance of nearing unicorn status as a company launched by Black co-founders:
Founders who have left their companies amid the downturn:
Lyft's Logan Green and John Zimmer
Instacart's Apoorva Mehta
Slack's Stewart Butterfield
Medium's Ev Williams
Strava's Michael Horvath
Peloton's John Foley
FTX's SBF
Pipe's Harry Hurst
Netflix's Reed Hastings
my nani passed away on monday. she taught me the meaning of food as a love language & we spent amazing summers in india together. she never forgot to wear a bindi & lipstick, even at her lowest
i wrote some words about what she means to me 🤍
Scoop:
@Airtable
has laid off over 250 people. I last spoke to
@howieliu
in October, when he spoke about being fortunate to not be under too much pressure to show short-term results of profitability. Today's move marks the company's refocus to be leaner, more focused on product
Udemy co-founder
@GaganBiyani
and altMBA co-founder
@wes_kao
are returning to edtech with a new, stealthy startup. It has raised $4M+ so far and does not have a name yet:
happy
@ycombinator
W21 demo day
-second fully-virtual batch
-350 companies (!)
-the most international batch so far (50% of startups are based out of the united states)
happy
@ycombinator
s21 demo day
-fourth virtual demo day
-377 companies 📈
-about 50% are based outside the US, with India taking the lead (again)
-B2B enterprise, fintech and consumer are the top 3 sectors represented (again)
simple things to do that builds relationships with journalists (beyond the most obvious, which is tip us scoops)
- talk about things other than your startup/fund
- dm us what is missing from public discourse about xyz
- do interviews 1:1, without a PR person in the room
my mom is coming in hot with the latest in cut fruit dynamics:
-the square pieces of watermelon are for the guests
-the ugly pieces of watermelon are for me