Posts filtered by tags: Union Square Ventures[x]


 

USV has been aggressively selling off shares in Coinbase in run up to IPO

Coinbase’s S-1 publicly dropped this morning with much anticipation. My colleague Alex Wilhelm has the high-level details, but there was one major wrinkle for the crypto trading darling: two of its early investors seem to be cutting down their stakes pre-IPO. Coinbase files to go public in a key listing for the cryptocurrency category The most notable case is Union Square Ventures, the prominent venture firm where Fred Wilson co-led the Series A round into the company back in 2013, which w...
Tags: Fundings & Exits, Finance, Tech, USV, Coinbase, Cryptocurrency, Union Square Ventures, Fred Wilson, Alex Wilhelm, Brian Armstrong, Fred Ehrsam, Coinbase USV


Codecademy eyes the enterprise with $40 million in new capital

After going over four years without raising any capital, coding class platform Codecademy has raised a new tranche of money: a $40 million Series D round led by Owl Ventures, with participation from Prosus and Union Square Ventures. The startup is the latest edtech business to bring on capital after years without it, a list that includes ClassDojo, CourseHero, Quizlet and Udacity. But founder Zach Sims, who began the company in 2011 as a Columbia student, says that Codecademy’s growth, and hunge...
Tags: Startups, TC, Codecademy, Education, India, Tech, Coding, Edtech, Columbia, Udacity, Union Square Ventures, Chegg, Sims, Zach Sims, Owl Ventures, Recent Funding


SmartHop raises a $12M Series A to ease trucking logistics

If you are a founder and launched a startup last February of 2020 just before the pandemic hit, then you may have felt like you were living the ultimate business nightmare. But if your company serves to stabilize the supply-chain business, then, in fact, you may have hit the ground running at just the right time. So is the story of Miami-based startup SmartHop, an AI-powered app that helps interstate truckers make their routes more efficient and lucrative, while removing a lot of the administrat...
Tags: Startups, Transportation, New York City, Tech, Atlanta, Chicago, Miami, Venezuela, Starbucks, Bob, Waze, Seattle, Duolingo, Union Square Ventures, Garcia, Caracas


Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

Demo days at startup accelerators are a pretty big deal around here. These events aren’t just a chance to review the latest cohort of hopeful entrepreneurs — they also showcase the technology, products and services that will compete for VC and consumer attention over the next few years. You never know where a hit will come from, which is why these events capture our attention. Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes...
Tags: Startups, TC, Europe, Education, Okta, Tech, Best, Artificial Intelligence, SaaS, Venture Capital, Public, Alex, Robinhood, Lightspeed Venture Partners, Union Square Ventures, Databricks


Edtech valuations aren’t skyrocketing, but investors see more exit opportunities

Less than a year after we put out an initial temperature check survey, it’s clear that specialist investors are even more bullish on edtech. Bears are hard to find right now: the sector, once undercapitalized, has brought in $10 billion in venture capital funding globally in 2020. As investors told us last week, the biggest consumer opportunity in 2021 and beyond is lifelong learning (and portfolio companies have the profits to prove it). But despite edtech’s noise, the second installment of our...
Tags: Startups, TC, Europe, Education, Tech, Vista, Venture Capital, Silicon Valley, Edtech, Lightspeed Venture Partners, Union Square Ventures, Bessemer Venture Partners, SPAC, Skillsoft, Deborah Quazzo, Owl Ventures


Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

Edtech is so widespread, we already need more consumer-friendly nomenclature to describe the products, services and tools it encompasses. I know someone who reads stories to their grandchildren on two continents via Zoom each weekend. Is that “edtech?” Similarly, many Netflix subscribers sought out online chess instructors after watching “The Queen’s Gambit,” but I doubt if they all ran searches for “remote learning” first. Edtech needs to reach beyond underfunded public school systems to beco...
Tags: Apple, Startups, TC, Cloud, Europe, New York, Hardware, Enterprise, Media, Education, Entrepreneurship, Boston, Africa, Tech, Netflix, Digital Media


12 investors say lifelong learning is taking edtech mainstream

The venture potential of a startup that caters to individual students — instead of a slow-moving, small-pocketed institution — has a bullish aura that attracts investors. Add in a pandemic that forced many to embrace remote learning overnight, and it makes sense that we have seen companies like Outschool and ClassDojo turn first profits while startups like Quizlet and ApplyBoard reached $1 billion valuations. Last year brought a flurry of record-breaking venture capital to t...
Tags: Startups, TC, Europe, Education, US, Tech, United States, Venture Capital, Lambda, Edtech, Lightspeed Venture Partners, Union Square Ventures, Cowboy Ventures, Bessemer Venture Partners, Mckinsey, PitchBook


13 investors say lifelong learning is taking edtech mainstream

The venture potential of a startup that caters to individual students — instead of a slow-moving, small-pocketed institution — has a bullish aura that attracts investors. Add in a pandemic that forced many to embrace remote learning overnight, and it makes sense that we have seen companies like Outschool and ClassDojo turn first profits while startups like Quizlet and ApplyBoard reached $1 billion valuations. Last year brought a flurry of record-breaking venture capital to t...
Tags: Startups, TC, Europe, Education, US, Tech, United States, Venture Capital, Lambda, Edtech, Lightspeed Venture Partners, Union Square Ventures, Cowboy Ventures, Bessemer Venture Partners, Mckinsey, PitchBook


Twitter's Trump ban is problematic and should be a warning sign to everyone in DC

Activist Mike Merrigan holds a piñata shaped like the Twitter logo with hair to look like President Donald Trump during a protest outside of Twitter headquarters on May 28, 2020 in San Francisco. Justin Sullivan/Getty Images Fred Wilson is a VC and the cofounder of Union Square Ventures, one of Twitter's earliest investors. He stepped down from Twitter's board in 2011 but remains a shareholder in the company. In a recent post on his blog AVC, Wilson says although it's wonderful Donald Trum...
Tags: Twitter, White House, US, San Francisco, Trends, United States, Dc, Donald Trump, Union Square Ventures, Fred Wilson, Wilson, Trump, Albert, Justin Sullivan Getty, US Capitol, Mike Merrigan


SilviaTerra wants to bring the benefits of carbon offsets to every landowner everywhere

Zack Parisa and Max Nova, the co-founders of the carbon offset company SilivaTerra, have spent the last decade working on a way to democratize access to revenue generating carbon offsets. As forestry credits become a big, booming business on the back of multi-billion dollar commitments from some of the world’s biggest companies to decarbonize their businesses, the kinds of technologies that the two founders have dedicated ten years of their lives to building are only going to become more valuabl...
Tags: Energy, TC, Microsoft, Kentucky, US, Alabama, Articles, America, Tech, Artificial Intelligence, Air Pollution, Pennsylvania, United States, Greenhouse Gas Emissions, Yale, Machine Learning


Union Square Ventures and Learn Capital file paperwork indicating new funds

As 2020 comes to a long-awaited end, a series of filings indicate that venture capitalists are ending the year with fresh money. According to SEC paperwork, Learn Capital and USV have filed paperwork that shows the firms have raised new, multimillion-dollar funds. If you’ve been paying attention to news this past year, it’s clear that much of venture capital isn’t just surviving 2020 – it’s flourishing through it. Zoom investing, it seems, is working just fine for cash-rich firms looking to d...
Tags: Startups, TC, New York, Tech, USV, SEC, Jack, Sam, Union Square Ventures, Max, Altman, Owl Ventures, Learn Capital, Jonathan Shieber, Jack Altman


Instead of breaking up Facebook, the FTC should open them up to other innovators

Facebook was just hit with 2 massive antitrust lawsuits from the FTC and 46 states. Nick Wass/Associated Press Fred Wilson is a venture capitalist and the principal and cofounder of Union Square Ventures. He also writes the blog AVC.  Breaking up Amazon, Google, Facebook, Apple, and other big internet companies is an antiquated take on regulating large monopolies, Wilson writes.  Instead, he believes politicians and policy makers should transform these platforms into protocols, where third...
Tags: Amazon, Facebook, Twitter, Trends, Union Square Ventures, Fred Wilson, Ftc, Wilson, Facebook Instagram Twitter LinkedIn, Amazon Google Facebook Apple, Nick Wass Associated Press


Biden's secret weapon to fight climate change without Senate support

Ford E Transit Ford Welcome to Insider Energy, a weekly energy newsletter brought to you by Business Insider. Here's what you need to know:Want to get Insider Energy in your inbox every Friday? Sign up here. Do you have feedback or story tips? Reach out to me at [email protected] There won't be a newsletter next week. We're off for the holiday. Cancel your Thanksgiving plans, they say. Well, joke's on the CDC because I never had any. Seriously, though, what a gloomy holiday sea...
Tags: Elon Musk, Obama, Cdc, Senate, Digital, US, Barack Obama, Trends, Tesla, Opec, Joe Biden, Alaska, Ford, New York Times, North America, Biden


Jam raises $3.5 million to Figma-tize product collaboration

The web of collaboration apps invading remote work toolkits have led to plenty of messy workflows for teams that communicate in a language of desktop screenshots and DMs. Tracing a suggestion or flagging a bug in a company’s website forces engineers or designers to make sense of the mess themselves.  While task management software has given teams a funnel for the clutter, the folks at Jam question why this functionality isn’t just built straight into the product. Jam co-founders Dani Grant and M...
Tags: TC, Tech, Ceo, Software, Computing, Gumroad, Cloudflare, Github, Grant, Robinhood, Matthew, Union Square Ventures, Cto, Analyst, Asana, Software Engineering


With $2.7M in fresh funding, Sora hopes to bring virtual high school to the mainstream

Long before the coronavirus, Sora, a startup run by a team of Atlanta entrepreneurs, was toying with the idea of live, virtual high school. The program would focus on student autonomy and organize its curriculum around projects that learners wanted to work on, such as finding ways to reduce the impact of climate change on the world. Students and teachers would use Zoom and Slack to communicate with each other, with standups everyday to pulse-check progress. The pandemic has both undermined and u...
Tags: Google, Startups, TC, Spacex, Education, Tech, Atlanta, Union Square Ventures, Online Education, Smiley, Sora, Recent Funding, Sora Schools, Garrett Smiley, Wesley Samples, Sora School


Dr. Seuss comes to the blockchain thanks to the maker of Cryptokitties

From CryptoKitties to the NBA, Dapper Labs has paved the way for blockchain popularity beyond speculation that’s purely monetary and now with Dr. Seuss Enterprises another collectible application arises. Featuring the Lorax, Thing One and Thing Two The Cat in the Hat and Horton too, fans of Dr. Seuss can collect characters who in retrospect may prove to be more valuable than almost any other collectible. “As the world moves increasingly online, so has consumers’ desire for discovering and c...
Tags: Startups, TC, Films, Nba, Literature, Warner Music Group, National Basketball Association, Andreessen Horowitz, Blockchain, Union Square Ventures, Venrock, Sv Angel, Digital Currency Group, Horton, Seuss, Dr. Seuss


Assessing the potential for a gig economy in education

Rish Joshi Contributor Rish is an entrepreneur and investor. Previously, he was a VC at Gradient Ventures (Google’s AI fund), co-founded a fintech startup building an analytics platform for SEC filings and worked on deep-learning research as a graduate student in computer science at MIT. More posts by this contributor Generative algorithms are redefining the intersection of software and music Health APIs usher in the patient revolution we have...
Tags: Column, Education, Tech, Artificial Intelligence, K-12, Online Courses, SEC, Khan Academy, Coursera, Udacity, Duolingo, Union Square Ventures, Online Education, Matrix Partners, Chan Zuckerberg Initiative, Bill Melinda Gates Foundation


8 edtech investors talk re-skilling, digital universities, ISAs and other post-pandemic trends

We know that the coronavirus has brought unprecedented attention to the edtech market, but now what? What happens when schools are no longer clambering toward an overnight solution? When the surges slow? When our world reopens and there doesn’t need to be a full-suite of at-home solutions for kids and parents? As the next wave of edtech companies are being built to address these novel use cases, investors are looking for solutions that aren’t simply pandemic-era important. To some, that means sk...
Tags: Startups, TC, Tech, Intel, Edtech, Union Square Ventures, Cowboy Ventures, TCV, Reach Capital, Owl Ventures, Jennifer Carolan, Rebecca Kaden, Shauntel Garvey, Ian Chiu, Emerge Education, Jan Lynn-Matern


Meet the 21 rising stars who are transforming the future of clean energy and taking on a $16 trillion opportunity

An enormous transition is underway across the electric grid. Power plants that run on fossil fuels are being replaced by solar panels and wind farms, while more batteries and electric vehicles are plugging in.   Once niche, the clean energy industry is going mainstream. Goldman Sachs says it's an investment opportunity worth as much as $16 trillion through 2030.  Within the industry, researchers, entrepreneurs, and workers are bringing a wide range of solutions to bear, from batteries that sto...
Tags: Google, Elon Musk, New York, Texas, Australia, California, Stanford, Israel, US, San Francisco, Trends, Diageo, Tesla, Nasa, Earth, Mit


DroneBase nabs $7.5 million in a slight down round to double down on its work in renewable energy

DroneBase, a Los Angeles-based provider of drone pilots for industrial services companies, has raised $7.5 million during the pandemic to double down on its work with renewable energy companies. While chief executive Dan Burton acknowledged that the company was fundraising prior to the pandemic, the industrial lockdown actually accelerated demand for the company’s services. Even with the increased demand, the company had to make some changes. It laid off six employees and refocused its business....
Tags: Energy, TC, Europe, Germany, Articles, Los Angeles, Tech, Renewable Energy, Dji, Upfront Ventures, Union Square Ventures, Dronebase, Burton, Dan Burton, PrecisionHawk, Valor Equity Partners


What to consider before publishing your diversity memo

In the past few weeks, several venture capital firms have published different variations of the same pledge: we’ll do a better job supporting the Black community. My timeline, and I’m assuming yours too, has been filled with statements from non-Black venture capitalists saying that they will rethink how to be more inclusive with their hiring and wiring. There is no need to applaud firms for taking long overdue steps to treat others equally. What is more important is how we’re going to hold these...
Tags: Startups, TC, Entrepreneurship, Tech, Diversity, Venture Capital, Hiring, Union Square Ventures, Initialized Capital, Inclusion, Natty Zola, Market Analysis, Venture Capital Firms, Ryan Broshar, Clarence Bethea, Matchstick Ventures


President Trump's clampdown on social media could hurt startups and cripple competition with Facebook and Twitter

President Donald Trump just signed an executive order that cracks down on social media companies, following Twitter's recent decision to add fact-check labels to two of his tweets. The order triggers a critical review of a federal law that currently allows online forums such as Twitter and Facebook to host third-party comments without being held liable for all that content, but also allows them to remove material they find objectionable. Trump directed the FCC, the FTC, and other government ag...
Tags: Facebook, Twitter, New York, Fcc, Etsy, Trends, Wenger, Silicon Valley, Tumblr, Donald Trump, Sheryl Sandberg, Union Square Ventures, Menlo Ventures, Tusk, Ftc, Trump


Covid-19 is a marathon, not a sprint, for startups in US, UK and Israel

Several European countries started announcing ‘Exit Plans’ from the current lockdowns. But as the world is starting to flatten the curves, the economic impact is just beginning. Earlier this week the NVCA (North American Venture Capital Association) issued a detailing the impact of the current capital crunch on startups: Expect more layoffs (currently over 30,000) according to this layoffs tracker and expected to grow for up to 10%-50% as startups struggle to secure fundingDry powder of...
Tags: Startups, UK, Israel, US, America, Trends, Bloomberg, New York Times, Venture Capital, Boris Johnson, PPP, Upfront Ventures, Union Square Ventures, Mark Suster, Iia, NIS


Listen to our midweek chat with USV’s Albert Wenger

Earlier this week TechCrunch caught up with Union Square Ventures‘ (USV) Albert Wenger. Wenger, a managing partner at the venture firm, is well-known in the New York startup scene. USV has invested in former startups like Twitter, Twilio, Etsy and Cloudflare. TechCrunch is touching base with a number of investors during the COVID-19-driven economic slowdown. Everyone is already at home, in front of a computer, so why not get them on the phone? (Follow @TechCrunch for updates, we’re keeping the s...
Tags: Fundings & Exits, Startups, TC, New York, NYC, Tech, USV, Wenger, PPP, Union Square Ventures, Jordan Crook, Alex Wilhelm, Albert Wenger, Union Square Ventures USV, Twitter Twilio Etsy, Coronavirus


TechCrunch Live: Join USV Managing Director Albert Wenger for a live chat Thursday at 9am PDT

Startups big and small, across all industries, are affected by the novel coronavirus pandemic. From Etsy to MongoDB, from Twilio to Foursquare, these companies are looking for ways to capitalize and ultimately thrive in what has become a survivalist landscape. These companies also happen to be portfolio companies of one, Albert Wenger . We’re excited to have Union Square Ventures’ Managing Director Albert Wenger join us for a live discussion on the impacts of COVID-19 on the firm, the advic...
Tags: Startups, TC, Yahoo, Etsy, Tech, USV, Wenger, Venture Capital, PPP, Twilio, Union Square Ventures, Albert Wenger, Telebanc


Shippo raises a $30M Series C after posting rapid 2019 growth

Early this afternoon Shippo, a shipping software and services company, announced that it has closed a $30 million Series C. The funding round roughly doubles the capital that the firm has raised to-date, from a little over $29 million to just under $60 million. The round, however, wasn’t put together recently. As is often the case with funding events, Shippo raised its capital a while back and is only announcing it now. According to its CEO, Laura Behrens Wu, her startup started raising its S...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Wordpress, Tech, Paypal, Adyen, Shopify, Union Square Ventures, Shippo, Braintree, Bessemer, Catherine Stewart, Laura Behrens Wu


This Andreessen Horowitz-backed startup has raised $22 million to fight coronavirus disinformation in China and the US. Here's how Arweave tackles fake news and censorship.

Berlin-based Arweave is a startup which is building a decentralized internet archive that it calls its 'permaweb.' This permaweb contains information from across the globe that Arweave says cannot be changed, bypassing censorship or disinformation.  Arweave is backed by Andreessen Horowitz and says it is helping people in China accurately report on the coronavirus crisis. Click here for more BI Prime stories. Berlin-based startup Arweave hopes to change an internet dominated by misinformation...
Tags: UK, China, Germany, Berlin, US, Trends, George Orwell, Williams, Beverly Hills, Andreessen Horowitz, Jeff Bezos, Wuhan, Union Square Ventures, Business Insider, Soviet Union, University of Kent


Andreessen Horowitz-backed startup Arweave says its decentralized 'permaweb' is fighting coronavirus misinformation in China

Berlin-based Arweave is a startup which is building a decentralized internet archive that it calls its 'permaweb.' This permaweb contains information from across the globe that Arweave says cannot be changed, bypassing censorship or disinformation.  Arweave is backed by Andreessen Horowitz and says it is helping people in China accurately report on the coronavirus crisis. Click here for more BI Prime stories. Berlin-based startup Arweave hopes to change an internet dominated by misinformation...
Tags: UK, China, Germany, Berlin, Trends, George Orwell, Williams, Andreessen Horowitz, Wuhan, Union Square Ventures, Business Insider, Soviet Union, University of Kent, Weibo China, Sam Williams, Techstars Berlin


Video media startup The Recount just raised $13 million. Star venture capitalist Fred Wilson explained why he has backed it and how it could become a profitable, $200 million business in seven years

John Heilemann and John Battelle's digital video startup, The Recount, which sums up the day's politics news in short clips, just raised another $13 million in Series A funding. Business Insider recently spoke to the successful venture capitalist and Recount investor Fred Wilson, who led the new round and has said he sees it becoming a profitable, $200 million business over the next seven years. Wilson was an early investor in Twitter, and he said companies like The Recount could correct some ...
Tags: US, NFL, Trends, Jeffrey Katzenberg, Union Square Ventures, Fred Wilson, Wilson, John Heilemann, Athletic, Lucia Moses, Venture, John Battelle, Quibi, Recount, Recount Union Square Ventures, Twitter Zynga


Arweave’s permaweb stops coronavirus censorship, raises $8M

The Chinese government has been removing criticism of its coronavirus response from apps like Weibo, the local equivalent of Twitter. But before it can, that content is being saved, decentralized, and highlighted thanks to Arweave’s permaweb. Today it’s announcing another $8.3 million in funding from Andreessen Horowitz, Union Square Ventures, and Coinbase Ventures. Arweave has developed a new type of blockchain based on Moore’s Law of the declining cost of data storage. Users pay up front fo...
Tags: Fundings & Exits, Startups, TC, Apps, Government, China, Russia, Funding, Censorship, Tech, USV, Williams, Andreessen Horowitz, Cryptocurrency, Blockchain, Weibo