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” Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil “ Even though crypto markets appear to be on a long, arduous path ahead based on recent weeks of token turmoil, venture investors looking to get their hands on a Web3 future aren’t slowing down. On Wednesday, venture capital giant, A16Z, announced closing its…
“Delivery app Getir axing 14% of employees, NYC workers outraged” Rapid delivery app Getir said Wednesday that it plans to cut 14% of its global workforce — but gave employees no detail on who’s getting the ax, leaving New York City store and delivery workers anxious and angry. Getir CEO Nazım Salur broke the news…
” WeWork founder reinvents himself with $70M crypto carbon credit platform “ Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon. The project aims to make carbon trading more accessible by putting…
” Venture funding for African crypto startups grew 11x in 2022: Report “ As the African region continues to adopt crypto and blockchain, more venture funding flowed into the continent in 2022’s first quarter compared to the first quarter of 2021, according to a new report by blockchain-investment firm Crypto Valley Venture Capital (CV VC)…
” Crypto jobs market holding up despite tech industry cutbacks “ The crypto job market shows few signs of slowing down despite high profile cases of staff layoffs and hiring freezes across big tech companies. In recent weeks, several major tech companies have announced a paring back of staff, citing a downturn in the traditional…
“Ex-Disney CEO Bob Iger invests in delivery startup Gopuff” Gopuff said on Wednesday that Walt Disney’s former chief executive officer, Bob Iger, has invested in the delivery startup and would join the company as an adviser. Gopuff, which offers rapid delivery of an assortment of products including home care, medicine, pet care, office supplies, beauty and wellness…
“What the billionaire owns or has stake in” Elon Musk already had his hands full even before he finalized Monday’s $44 billion deal to take over Twitter. The entrepreneur — who now holds the title of world’s richest man — got his start in Silicon Valley after he dropped out of Stanford University in 1995…
“Bolt valuation tanks after founder slams Silicon Valley ‘mob bosses’” A multibillion-dollar tech startup whose founder made waves earlier this year when he compared Silicon Valley to a “boys’ club” full of “mob bosses” has since seen its valuation in the secondary market crumble, The Post has learned. San Francisco-based Bolt, which makes checkout payments…
” In the US, public-private state associations form networks of support for crypto businesses “ When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed a bill, SB5544, into…
” Chainlink launches startup program to provide blockchain resources to early-stage projects “ Chainlink Labs recently announced a program that provides a blueprint to help new crypto projects in their blockchain business building journey. According to the company, the program called Startup with Chainlink will help early-stage founders and entrepreneurs with free information resources, community…