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Tag: Venture Capital

The Washington MailRSSUnited States Politics and GovernmentCoronavirus (2019-nCoV)TrumpBooksComputers and the InternetArtBiden, Joseph R Jr

Elizabeth Holmes Is Sentenced to More Than 11 Years for Theranos Fraud

SAN JOSE, Calif. — Elizabeth Holmes, the founder of the failed blood-testing start-up Theranos, was sentenced to more than 11 years in prison on...

Silicon Valley’s Unbridled Euphoria Runs Into Economic Reality

Between July and September, start-ups around the world raised $81 billion, a 53 percent drop from the same period a year ago, according to...

Advanced E.V. Batteries Move From Labs to Mass Production

SAN JOSE, Calif. — For years, scientists in laboratories from Silicon Valley to Boston have been searching for an elusive potion of chemicals, minerals...

How a Trash-Talking Crypto Founder Caused a $40 Billion Crash

Do Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency he created in 2018 “my greatest invention.” In countless tweets and interviews, he...

Fear and Loathing Return to Tech Start-Ups

Start-up workers came into 2022 expecting another year of cash-gushing initial public offerings. Then the stock market tanked, Russia invaded Ukraine, inflation ballooned, and...

Bolt Built $11 Billion Business With Inflated Metrics and Eager Investors

A Fund-Raising GuruStill, Mr. Breslow has become something of a legend in the Valley, for his fund-raising prowess and his outspoken behavior. Last summer,...

Gopuff Buys Time for Its 30-Minutes-or-Less Delivery Promise

“Once you can execute, and obviously that’s hard, it wins in the long term,” he said.Gopuff added that it was putting a public offering...

Instacart Cuts Its Valuation by 38 Percent, Citing ‘Turbulence’

Instacart, the grocery delivery start-up, said on Thursday that it was slashing its valuation to about $24 billion from $39 billion, in a reflection...

Trump’s Truth Social Is Poised to Join a Crowded Field

For months, former President Donald J. Trump has promoted Truth Social, the soon-to-be-released flagship app of his fledging social media company, as a platform...

Peter Thiel, the Right’s Would-Be Kingmaker

The wine flowed. Donald Trump Jr. mingled with the guests. And Peter Thiel, the tech billionaire and host of the event, had a message...

Tech Start-Ups Reach a New Peak of Froth

Astonishing data for 2021 tell the story. U.S. start-ups raised $330 billion, nearly double 2020’s record haul of $167 billion, according to PitchBook, which...

What It Was Like on the Elizabeth Holmes Jury for 18 Weeks

“I knew she had started a company,” Ms. Stefanek said. “I knew that it had failed. I knew she liked to wear black turtlenecks....

OpenSea Valued at $13.3 Billion in New Round of Venture Funding

OpenSea, one of the most talked-about blockchain start-ups in Silicon Valley, said on Tuesday that it had raised $300 million in new venture capital,...

Mistrial Declared for Three Counts in Elizabeth Holmes Trial

A mistrial was formally declared for three counts of wire fraud against Elizabeth Holmes, the founder of the failed blood-testing start-up Theranos, according to...

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