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2 mins read

OpenAI's latest funding round could be a bargain or a bust for investors

If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest Americ…

Dan DeFrancesco   


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3 mins read

Tiger Global writes down venture funds' bets by 33% in 2022, says Wall Street Journal

The markdowns erased USD 23 billion in value from its portfolio of startups.

ANI   


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Founders Fund partner Sam Blond has left the firm

Sam Blond leaves Founders Fund to return to life as an operator. It marks the second departure fro…

Melia Russell   


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4 mins read

How Singapore tech layoffs are impacting Indians

Based on 2021 Singapore Ministry of Manpower figures, about a quarter of the 177,100 employmen…

ANI   


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Stripe hit a $95 billion valuation, leapfrogging SpaceX, Instacart, and Didi Chuxing on the leaderboard of tech giants

Stripe's new $600 million fundraise makes it the most valuable private company in Silicon Valley, a…

Kate Duffy   


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3 mins read

Stripe, ADM, and other companies tout Earth Day pledges and progress reports

April 22, 2022 was the 51st Earth Day. Stripe and ADM marked Earth Day with new commitments to tack…

Chris Daniels   


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3 mins read

Here's who's keeping top payment players like Stripe, PayPal, and Square ahead of the competition

Payments is getting crowded and competitive, with pressure from both big banks and scrappy startups…

Dan DeFrancesco   


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4 mins read

Goldman Sachs pitching wealth clients on investing in Stripe shows how Wall Street drums up exclusive deals for its richest customers

Wall Street has a long history of getting creative to service its wealthiest clients. Here are some…

Dan DeFrancesco   


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3 mins read

The Stripe founders' memo explaining its layoff plan to employees is a remarkably candid look at why so much of tech is in freefall

The payment software company Stripe is laying off 14% of its workforce. Its memo to employees highl…

Travis Clark   


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2 mins read

Stripe's billionaire founders more than doubled their collective wealth to $23 billion after the payment company's new $95 billion valuation

Stripe's $95 billion valuation brought the net worth of 32-year-old Patrick Collison and his younge…

Kate Duffy   


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Stripe has reportedly stopped processing Trump campaign donations after the riots in the Capitol, arguing that the campaign encourages violence

Stripe joins Facebook, Twitter, and Shopify in restricting Trump's access to their services followi…

Grace Dean   


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Pentagon pulls order to shutter Stars and Stripes after Trump abruptly decided he wants to keep the military newspaper alive

"It will continue to be a wonderful source of information to our Great Military!" the president twe…

Ryan Pickrell   


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Ryan Pickrell   


Matt Weinberger   


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1 min read

Julian Roberston's Tiger Cubs are getting clobbered by the market. Here's a look at the billionaire's sprawling web of hedge fund spinoffs.

The biggest funds spawned from billionaire investor Julian Robertson have sustained deep losses as …

Business Insider