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OpenAI is in talks to raise a new round of funding at an eye-popping $100 billion-plus valuation, sources told The Wall Street Journal this week. It turns out investors have …
Investors are already valuing OpenAI at over $100B on the secondaries market Read More
Stock-trading startup Public has acquired the brokerage accounts of Carta’s secondaries business, TechCrunch has confirmed. Carta, best known for its cap table management software, sits on a stockpile of data. …
Carta’s ill-fated secondaries business finally found a buyer Read More
Eshita Kabra always knew she wanted to work with Airbnb. When she first came up with the idea for her company By Rotation a few years ago, a fashion-sharing platform, …
Airbnb and fashion app By Rotation partner for free destination wedding outfits Read More
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week …
Fundraising is a lot easier when you have traction Read More
Indian tech and media startup VerSe, which operates popular news aggregator Dailyhunt, is worth about 42% below its last private valuation, according to estimates by its investor 360 One. The …
Dailyhunt parent VerSe’s valuation gets slashed 42% to $2.9B: investor 360 One note Read More
In one of the VC world’s greatest ironies, investors have lately been clamoring to back startups that are helping other startups shut down. So whether a VC-backed startup is succeeding …
Why VCs are investing in startups that help other startups shut down Read More
A team led by former Twitter engineers is rethinking how AI can be used to help people process news and information. Particle.news, which entered into private beta over the weekend, …
Former Twitter engineers are building Particle, an AI-powered news reader Read More