In a pleasant Friday surprise, Roku dropped its S-1 document today, detailing its financial performance and corporate strategy. The filing indicates that the company intends to raise $100 million in its debut. The figure is a widely-recognized placeholder number. The company could raise more or less in its IPO. Follow Crunchbase News on Twitter & Facebook As a private company,… Read More
It sounds like America’s favorite $400 juice machine will be no longer. “After selling over a million Produce Packs, we must let you know that we are suspending the sale of the Juicero Press and Produce Packs immediately,” reads the company blog post. Juicero will also be giving people money back. “For the next 90 days, we are offering refunds for your purchase of… Read More
Ahoy, mateys! A Columbus company called Ahoy.ai aims to schedule yer deck swabbing sessions with just one arrrrrmail or Slack. Ahoy is the brainchild of Jesse Rowe and Alex Ogorek. Rowe is a senior at OSU and this is his first company. He has raised $14,000 from a small fund in Ohio and is looking to expand his idea. “Majority of our competitors still involve back and forth… Read More
Tinder has hit number 1 in the App Store’s top grossing category for the very first time. Claiming top spot in the App Store likely has to do with the global launch of Tinder Gold, which lets users see who has liked them without swiping at all, among other premium features. Tinder’s initial foray into monetization came in 2015 with the launch of Tinder Plus, which lets users… Read More
Hello and welcome back to Equity, a social experiment regarding how many acronyms an audience can endure before passing out. Each week we dive into the world of venture capital, looking to understand exactly what’s going on behind the money. This week Katie Roof, Matthew Lynley, and myself — Alex! — were joined by Samuel Angus, a partner on the corporate team of Fenwick and… Read More
Lan Xuezhao has spent the last few months pulling together $136 million for her new machine intelligence-focused venture capital fund, Basis Set Ventures. I met Xuezhao for tea on a park bench in Potrero Hill earlier this week to chat about her strategy for the fund. Read More
With technology and curious minds, several founders not only built great products and companies, they created the foundation for a strong and resilient technology sector that has been an economic driver and job creator in a country looking for stable footing. Read More
